Volvo CEO was pushed out as financial conditions turned stormy

Of all the recent CEO swaps, Volvo dropping Jim Rowan in favour of his predecessor Håkan Samuelsson provoked the most puzzled response among car industry watchers. “It’s the biggest surprise of all the changes,” said former Nissan and Aston Martin senior executive Andy Palmer. “In my mind, he was doing great.” Volvo hasn’t officially confirmed the reason for Rowan’s… Continue reading Volvo CEO was pushed out as financial conditions turned stormy

Omoda 9 revealed as £45k hybrid with 93-mile EV range

New Chinese marque Omoda has launched the 9 as its flagship model for the UK. Priced from £44,990 and due to land in showrooms from May, the plug-in hybrid is positioned to undercut rivals in the premium family SUV segment such as the BMW X3, Lexus NX and Volvo XC60. The 9 is powered by… Continue reading Omoda 9 revealed as £45k hybrid with 93-mile EV range

Tesla records worst deliveries in two years amid Elon Musk backlash

Tesla recorded 336,681 deliveries, its worst quarterly performance in more than two years as the brand suffers a backlash to CEO Elon Musk’s political maneuverings. The dip in sales comes as Musk continues leading DOGE, the “advisory body” that has laid off thousands of federal employees and attempted to eliminate entire agencies and programs. His… Continue reading Tesla records worst deliveries in two years amid Elon Musk backlash

German FAZ: EU Commission imposes millions of penalties against 15 car manufacturers009059

The European Commission has imposed millions in terms of millions against 15 car manufacturers due to a cartel in connection with recycling, scrapped vehicles. The VW Group has to pay the highest fine with around 128 million euros, as the Commission announced on Tuesday. Mercedes had disclosed the cartel in Brussels and therefore escapes a… Continue reading German FAZ: EU Commission imposes millions of penalties against 15 car manufacturers009059

German FAZ: EU Commission imposed millions of fines against 15 car manufacturers009058

The European Commission has imposed millions in terms of millions against 15 car manufacturers due to a cartel in connection with recycling, scrapped vehicles. The VW Group has to pay the highest fine with around 128 million euros, as the Commission announced on Tuesday. Mercedes had disclosed the cartel in Brussels and therefore escapes a… Continue reading German FAZ: EU Commission imposed millions of fines against 15 car manufacturers009058

German FAZ: EU Commission imposed millions of fines against 15 car manufacturers009057

The European Commission has imposed millions in terms of millions against 15 car manufacturers due to a cartel in connection with recycling, scrapped vehicles. The VW Group has to pay the highest fine with around 128 million euros, as the Commission announced on Tuesday. Mercedes had disclosed the cartel in Brussels and therefore escapes a… Continue reading German FAZ: EU Commission imposed millions of fines against 15 car manufacturers009057

German FAZ: EU Commission imposed millions of fines against 15 car manufacturers009057

The European Commission has imposed millions in terms of millions against 15 car manufacturers due to a cartel in connection with recycling, scrapped vehicles. The VW Group has to pay the highest fine with around 128 million euros, as the Commission announced on Tuesday. Mercedes had disclosed the cartel in Brussels and therefore escapes a… Continue reading German FAZ: EU Commission imposed millions of fines against 15 car manufacturers009057

German FAZ: EU Commission imposed millions of fines against 15 car manufacturers009057

The European Commission has imposed millions in terms of millions against 15 car manufacturers due to a cartel in connection with recycling, scrapped vehicles. The VW Group has to pay the highest fine with around 128 million euros, as the Commission announced on Tuesday. Mercedes had disclosed the cartel in Brussels and therefore escapes a… Continue reading German FAZ: EU Commission imposed millions of fines against 15 car manufacturers009057

German FAZ: EU Commission imposed millions of fines against 15 car manufacturers009057

The European Commission has imposed millions in terms of millions against 15 car manufacturers due to a cartel in connection with recycling, scrapped vehicles. The VW Group has to pay the highest fine with around 128 million euros, as the Commission announced on Tuesday. Mercedes had disclosed the cartel in Brussels and therefore escapes a… Continue reading German FAZ: EU Commission imposed millions of fines against 15 car manufacturers009057