Europe

BERLIN – Continental announced plans for a restructuring that will combine its business activities around connectivity, mobility and high-performance computing. The supplier said in a news release Thursday that its tires business and ContiTech division, focused on rubber technologies, would become independent group sectors. Its Automotive Technologies brand will split into five business areas. As
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DETROIT — Jeep’s second plug-in hybrid, the Grand Cherokee 4xe, will offer 25 miles (40 km) of electric range, a 6,000-pound tow rating and a Trailhawk version powerful enough to conquer the Rubicon Trail in battery-only mode. The 2022 Grand Cherokee 4xe is scheduled to reach North American dealerships in early 2022, following the arrival
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BMW plans to build all its future cars on a single, electric-focused platform. The automaker showed its ideas for sustainable, premium transportation with its iVision Circular concept car. Development chief, Frank Weber, talked about these topics and more during a roundtable at the IAA Munich auto show that included Automotive News Europe Associate Publisher and
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German flying taxi startup Volocopter will sell 150 electric vertical take-off and landing (eVTOL) aircraft to its joint venture with a unit of Chinese automaker Zhejiang Geely Holding Group. Volocopter, which counts Daimler, BlackRock and Intel Capital as some of its investors, said it expects the partnership to bring the air taxis to China within
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U.S. auto retail giant AutoNation named Stellantis executive Mike Manley as its next CEO to replace the outgoing Mike Jackson. The moves are effective Nov. 1, when Jackson, 72, will retire from his post as well as the company’s board, the nation’s largest new-vehicle retailer said. Manley, 57, had been CEO of Fiat Chrysler Automobiles
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WASHINGTON — U.S. auto safety investigators have opened a new probe into 30 million vehicles built by nearly two dozen automakers with potentially defective Takata airbag inflators, a government document seen by Reuters on Sunday showed. The National Highway Traffic Safety Administration on Friday opened an engineering analysis into an estimated 30 million U.S. vehicles
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Valeo has given the clearest indication yet it intends to buy out partner Siemens from their electric-car components venture to counter a declining combustion-engine business. Siemens “entered this joint venture with the plan to eventually sell and we to buy,” Christophe Perillat, Valeo’s incoming CEO, told Bloomberg News on the sidelines of a Munich auto
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All Volkswagen ID models are now able to receive regular over the air (OTA) software updates through mobile data transfers, the automaker said. The move brings the automaker one step closer to Tesla-like levels of upgrade capabilities in its growing family of full-electric models. The updates had previously only been available as part of a
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STOCKHOLM — Automotive tech supplier Veoneer on Tuesday stuck to its recommendation in favor of Magna International’s acquisition bid after receiving an updated, non-binding offer from Qualcomm. The Swedish company has become an attractive takeover target as its expertise in making advanced driver assistance systems fits in the plan for both Qualcomm and Magna in
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Dacia, Renault Group’s Romania-based budget-priced brand, has revamped its lineup substantially in the last year. Slower-selling models based on old platforms like the Logan MCV station wagon and Lodgy minivan have been replaced by a tightly focused range: The Spring EV minicar, the new Sandero/Logan small cars on the modern CMF-B platform, an extensively refreshed Duster
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MUNICH — Hyundai is considering whether to expand its full-electric Ioniq sub-brand to smaller cars based on the E-GMP platform, including a successor to the Kona small SUV, the brand’s marketing chief said. “It would make sense to extend all the benefits associated with the E-GMP platform to smaller vehicles,” Thomas Schemera, global head of marketing
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MUNICH — This week, Munich is hosting IAA Mobility, a reinvention of the auto show that for seven decades occurred annually in Frankfurt, until the COVID-19 pandemic forced its cancelation in 2020. Set amid environmental protests that shut down roads and the build up to a Sept. 26 election that will see German Chancellor Angela
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MUNICH — Volkswagen Group CEO Herbert Diess is optimistic that there are sufficient funds, internal or external, to pull off its ambitious plan to build six large battery factories across Europe with partners by the end of the decade. “The required capital is available in the market. Northvolt has shown this,” Diess said on the
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MUNICH — Mercedes-Benz previewed its upcoming EQS large full-electric SUV with a concept for its ultraluxury Maybach brand. The Concept Mercedes-Maybach EQS was unveiled at the Munich auto show on Monday. It’s a physical concept with a virtual interior designed to recreates the “feel-good atmosphere of an elegant yacht,” Mercedes said in a statement. The
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When automotive executives gather in Munich this upcoming week for Europe’s first major car show in two years, they will do more than just lift the veil on shiny sheet metal. These are occasions where big deals tend to get done. Consider one of the last times the auto world descended on a European city
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