Auto giants surprisingly resilient as sweeping U.S. tariffs spare Canada and Mexico for now

The Stellantis Windsor Assembly Plant in Windsor, Ontario, Canada, on Tuesday, Feb. 4, 2025. Bloomberg | Bloomberg | Getty Images Shares of some of the world’s biggest automakers appeared surprisingly resilient on Thursday, even after U.S. President Donald Trump’s 25% tariffs on foreign auto imports came into effect. Germany’s Volkswagen, Mercedes-Benz Group and BMW were… Continue reading Auto giants surprisingly resilient as sweeping U.S. tariffs spare Canada and Mexico for now

Legal firm MILS guides dealers through Supreme Court motor finance case

The motor finance commission case is winding up today with the final submissions. Legal expert MILS, which provides the Legal Surgery for Motor Trader,  is attending each day to give dealers a clear summary of what happened. Tuesday saw submissions from by Close Brothers and FirstRand Bank Wednesday saw more submissions from the two banks,… Continue reading Legal firm MILS guides dealers through Supreme Court motor finance case

German Manager Magazin: US car tariff in force: Volkswagen stops delivery, Stellantis interrupts production004103

VW stops delivery and shows “import surcharge” The first manufacturers already draw consequences: Volkswagen According to the “Wall Street Journal”, the delivery of vehicles from Mexico temporarily stopped to the USA and initially holds imports from Europe to the USA in the ports. In addition, VW wants to show an “import fee” on vehicles that… Continue reading German Manager Magazin: US car tariff in force: Volkswagen stops delivery, Stellantis interrupts production004103

Jeep and Chrysler maker Stellantis to furlough 900 US workers

Standard Digital $45 per month Essential digital access to quality FT journalism on any device. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT FT… Continue reading Jeep and Chrysler maker Stellantis to furlough 900 US workers

Exclusive: McLaren plots reinvention in full merger with Forseven

Bicester, Oxfordshire. Forseven has three units there already and a new design centre opening soon. Forseven also has offices in Leamington Spa, unsurprisingly given the volume of talent it has attracted from neighbour JLR. All McLaren facilities at Woking, along with its composites factory in Yorkshire, will be retained for now, and the companies will… Continue reading Exclusive: McLaren plots reinvention in full merger with Forseven

Calastone Launches Tokenised Distribution Solution to Unlock the Future of Fund Distribution

LONDON, April 3, 2025 /PRNewswire/ — Calastone, the largest global funds network, today announces the launch of Calastone Tokenised Distribution – a pioneering solution that allows asset managers to tokenise any fund operating on Calastone’s network and distribute it seamlessly across blockchain-based channels. This innovative service delivers a simple, frictionless route into tokenisation, without requiring… Continue reading Calastone Launches Tokenised Distribution Solution to Unlock the Future of Fund Distribution

Clean Technica: EVs Take 24.4% Share In France — Renault 5 Unassailable?003941

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Last Updated on: 2nd April 2025, 10:18 am March’s auto sales saw plugin EVs take 24.4% share in France, a drop from 27.9% year-on-year. The YoY baseline was elevated by a pull-forward ahead of incentive cut-offs, so the YoY… Continue reading Clean Technica: EVs Take 24.4% Share In France — Renault 5 Unassailable?003941

New Citroen C3 Hybrid offers 56.5mpg for £20,115

The new Citroën C3 Hybrid has gone on sale in the UK, priced from £20,115. A rival for the £21,895 Renault Clio E-Tech, the new variant of the C3 uses a fresh development of Citroën parent company Stellantis’s widely used 48V mild-hybrid powertrain. This comprises a turbocharged 1.2-litre three-cylinder petrol engine, a single electric motor and… Continue reading New Citroen C3 Hybrid offers 56.5mpg for £20,115

Bilstein Group Establishes India Subsidiary, Appoints Ramachandra Puttanna as Managing Director

Bilstein Group has announced the establishment of Ferdinand Bilstein India Private Limited, marking its 23rd international subsidiary. The official opening is scheduled for April 1, 2025, as the company expands its presence in the Indian automotive aftermarket.   Ramachandra Puttanna has been appointed as Managing Director – India Region. With over 35 years of industry… Continue reading Bilstein Group Establishes India Subsidiary, Appoints Ramachandra Puttanna as Managing Director

Leapmotor to have a six-car line-up in the UK by 2027

Leapmotor will have six cars in its UK line-up by 2027 as it looks to solidify its place as the latest Chinese electric car maker cutting through here. The firm, whose international business is 51% owned by global giant Stellantis, already sells a Dacia Spring rival, the T03, and has just launched the C10 large SUV. A range-extender version will arrive at… Continue reading Leapmotor to have a six-car line-up in the UK by 2027