VOID AT THE TOP 

Herbert Diess has been in the news for the last few days following his abrupt exit as CEO of the Volkswagen Group. Reports indicate that he was ousted by the Board in a dramatic turn of events where the CEO of Porsche, Oliver Blume, has been anointed successor. Diess has been the face of VW… Continue reading VOID AT THE TOP 

Clean Technica: 13% Of New Car Sales In Europe Electric (21% Plugins)002136

With the overall European car market still in the red, down 17% last month year over year (YoY), the European passenger plugin vehicle market has also started to be affected. It was down 8% last month, with approximately 219,000 plugin vehicles registered in June. Looking closer, plugin hybrids (-22% YoY) were the ones to blame… Continue reading Clean Technica: 13% Of New Car Sales In Europe Electric (21% Plugins)002136

Chrysler, Audi among vehicle recalls this week

U.S. National Highway Traffic & Safety Administration The U.S. National Highway Traffic Safety Administration has issued recalls for July 21 through 28, including a Chrysler recall involving 52,340 units and an Audi recall involving 49,443 units. See the list of this week’s car recalls involving ten or more units below, or search USA TODAY’s automotive recalls… Continue reading Chrysler, Audi among vehicle recalls this week

Alfa Romeo to launch new large saloon in 2027

Alfa Romeo will launch a large saloon-style EV in 2027 as it continues its product offensive under new owner Stellantis, releasing a new car every year for the next five years. The new model will be global and therefore sold in the UK but will particularly target America and China, on account of its size. While large SUVs have fast… Continue reading Alfa Romeo to launch new large saloon in 2027

Alfa Romeo to show new sports car in early 2023

Alfa Romeo will unveil a new sports car early next year and it will be reminiscent of the T33 Stradale, its global boss Jean-Philippe Imparato has confirmed. While the unveil is not expected to be a production model, more likely taking the form of an advanced sketch or concept car, it demonstrates Alfa Romeo has… Continue reading Alfa Romeo to show new sports car in early 2023

@FCA: Stellantis Announces Leadership Changes in North America

July 29, 2022 , Auburn Hills, Mich. – Stellantis today announced appointments in its North America engineering and customer experience organizations. Effective immediately, Mark Champine will oversee key product development initiatives as head of the North America engineering technical centers, while David McDonald will succeed Champine, guiding quality-improvement activities as head of customer experience – North America. In… Continue reading @FCA: Stellantis Announces Leadership Changes in North America

Congress approves $53 billion for US semiconductor industry, helps automakers

A bipartisan majority in the U.S. House on Thursday gave final approval to a $280 billion piece of legislation that is intended, in part, to reinvigorate domestic production of semiconductor chips, a shortage of which has crippled Detroit’s automakers in recent years. The bill, a whittled-down version of earlier legislation that was meant to improve… Continue reading Congress approves $53 billion for US semiconductor industry, helps automakers

@Groupe PSA: PR First Half 2022 Results004139

Stellantis Posts Record First Half 2022 Results with 14.1% AOI Margin(1), €8.0 Billion Net Profit and €5.3 Billion Industrial Free Cash Flows(2); Global BEV Sales Up Nearly 50%, Among Leaders in EU30 BEV Sales Net revenues of €88.0 billion, up 17% compared to H1 2021 Pro Forma(3) reflecting strong net pricing, favorable vehicle mix and… Continue reading @Groupe PSA: PR First Half 2022 Results004139

Vettel to retire from F1 after 15-year career

Sebastian Vettel will retire from Formula 1 at the end of the 2022 season, with the four-time world champion calling time on his 15-year F1 career. The German driver, who currently races for Aston Martin, cited his family as one of the central reasons behind his decision as well as the stresses and strains of… Continue reading Vettel to retire from F1 after 15-year career