Europe

Joby Aviation, the 12-year-old electric air taxi startup partnered with Toyota and Uber Technologies, will go public in a $6.6 billion reverse merger with blank check company Reinvent Technology Partners, the companies said. California-based Joby aims to begin a commercial passenger service in 2024, using its electric vertical takeoff and landing (eVTOL) aircraft. Potential air
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Volkswagen’s biggest plant in Wolfsburg, Germany, is struggling to meet strong demand for the Golf model due to shortages of battery cells for hybrid versions and semiconductor components, the company’s labor leader told a German newspaper. VW has orders for 93,000 of the Golf hatchback, which translates into production volume of more than four months,
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PRAGUE — Czech car production fell 12 percent year-on-year in January to its lowest result for the first month of the year since 2014, at 104,576 vehicles, the country’s Automotive Industry Association (AutoSAP) said on Thursday. The car sector, which makes up almost a tenth of the export-reliant economy, has been hit by sagging European
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HEADLEY DOWN, England — There is nothing quite like the roar of a revving McLaren engine to set a car fan’s pulse pounding, or the full-throated scream as it tears across the tarmac. Yet new gasoline-fueled engines like McLaren’s could be illegal in many countries by 2030. The supercar maker, like all automakers, has to
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Apple’s plan to enter the auto industry is “a very logical step” as the iPhone maker combines its expertise in software, batteries and design with enormous resources, according to Volkswagen Group CEO Herbert Diess. “Despite that, we are not scared,” Diess said in an interview with Frankfurter Allgemeine Sonntagszeitung. The car sector is different from
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FRANKFURT — Germany faces a wave of dealership bankruptcies unless car showrooms are allowed to reopen soon, the ZDK industry association said. Showrooms have been shut since mid-December when the German government tightened measures to slow rising cases of the coronavirus. “The situation in automobile retail becomes more difficult with each passing week,” Thomas Peckruhn,
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Volvo Cars’ top executive has set an even tougher 2021 sales target for the automaker’s Recharge line of electrified cars after the automaker narrowly missed his 2020 goal. “About a quarter of our sales globally should be Recharge this year,” CEO Hakan Samuelsson told Automotive News Europe. The Recharge family of plug-in hybrids and full-electric
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Porsche is setting up an assembly plant in Malaysia as the German automaker looks to make the nation its Southeast Asia hub, a Malaysian weekly newspaper reported, citing people familiar with the matter it did not identify. Porsche will partner with Inokom, a unit of the Malaysian company Sime Darby, in the venture, which will be located in
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PARIS — The first jointly developed models for Stellantis’ three premium brands — Alfa Romeo, DS and Lancia — could appear by 2024, as the newly created group seeks to break through in the profitable segment. Marion David, the product director at DS, said this week that future models from the brands would share common premium
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HAMBURG — Volkswagen plans to develop most of the software needed for autonomous cars in-house, the head of the German carmaker’s luxury unit Audi said on Tuesday. The automaker is not rejecting collaborations in some areas outright, said Markus Duesmann, who as well as running Audi is also on Volkswagen’s management board, where he is
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Ford Motor will install Google’s Android operating system on all new vehicles starting in 2023 as part of a six-year partnership with the technology giant. The deal announced Monday allows Ford to tap into Google’s cloud system and utilize its artificial intelligence systems in factories, dealerships and vehicles. The automaker said Google’s technology can help
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TOKYO — A top Nissan executive indicated he made a plea deal to testify against ousted Chairman Carlos Ghosn because he was worried about possibly getting snared in the legal swoop. Hari Nada, a star government witness and the executive running Nissan’s legal office at the time of Ghosn’s arrest, said internal investigations into Ghosn’s
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