Corporate

Polestar 2
Sales of the Polestar 2 have fallen
Corporate

Can Polestar's new management finally right the ship?

Appointment of a former CFO to lead the start-up tells all about its situation but there's hope on the horizon

3 October 2024
Can Polestar's new management finally right the ship?
db2022au00201 large
Volkswagen T-Roc Cabriolet plant in Osnabrück could be shuttered
Corporate

Report: Volkswagen Group plans 30,000 job cuts in Germany

German giant could close two plants and severely cut R&D as it pushes to improve its profitability

20 September 2024
Report: Volkswagen Group plans 30,000 job cuts in Germany
denza z9 gt
Z9 GT will be the first Denza model offered in Europe
Electric vehicles

BYD buys Mercedes-Benz stake in Denza joint venture

Chinese giant takes full control of brand – which was originally a 50:50 effort – as it plants roots in Europe

17 September 2024
BYD buys Mercedes-Benz stake in Denza joint venture
DB2021AL00751 large
Corporate

"The board has failed": Unions vs managers as VW battles for profits

Conflicts in and around the Volkswagen Group have moved into the spotlight

12 September 2024
"The board has failed": Unions vs managers as VW battles for profits
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In the UK across the first seven months of 2024, two thirds of Renault's sales were the Clio and Captur
Corporate

Renault’s fleet push sparks investor fears of profit erosion

Businesses' promises of bigger sales potentially mean lower prices and less profit

3 September 2024
Renault’s fleet push sparks investor fears of profit erosion
16 polestar bjas thomas ingenlath 005
Ingenlath designed cars for Volvo, Skoda and Volkswagen before becoming Polestar CEO
Corporate

Polestar CEO Ingenlath replaced by ex-Opel/Vauxhall boss

Michael Lohscheller to lead Polestar as Thomas Ingenlath resigns after seven years

28 August 2024
Polestar CEO Ingenlath replaced by ex-Opel/Vauxhall boss
Maserati granturismo and grecale on stage at press conference
Corporate

Editor's letter: How to get Maserati out of its rut

Maserati needs to make money, and that means breaking out of the middle market to create truly special cars

2 August 2024
Editor's letter: How to get Maserati out of its rut
Mitsubishi Ek X front quarter
Mitsubishi has already worked with Nissan; its Ek X microcar is a restyled Nissan Sakura
Electric vehicles

Mitsubishi to join Nissan-Honda alliance for electric cars

Japanese manufacturers will focus on cutting EV and software development costs to fend off Chinese competitors

29 July 2024
Mitsubishi to join Nissan-Honda alliance for electric cars
Phil Lee CEO Gordon Murray Group
CEO Phil Lee must navigate the Gordon Murray Group's shift to electrification
Corporate

Gordon Murray CEO: No regrets selling EV division to focus on ICE

The Gordon Murray Group last year sold its technology arm to an Abu Dhabi government-backed investor

29 July 2024
Gordon Murray CEO: No regrets selling EV division to focus on ICE
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Corporate

Stellantis profits halve as model changeovers hit volumes

Car-making giant blames several launches for a 48% fall in profits but forecasts a stronger second half of 2024

25 July 2024
Stellantis profits halve as model changeovers hit volumes

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