Europe

Jaguar Land Rover has settled patent fights it lodged against Volkswagen Group and its brands over a feature used in luxury SUVs that simplifies off-road driving for affluent but inexperienced drivers. The agreements resolve litigation in Germany and the U.S., but other terms of the deals weren’t disclosed in filings with courts in New Jersey,
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DETROIT — Ford Motor Co., in what it says is the largest single manufacturing investment in its 118-year history, on Monday said it would spend US$7 billion and create nearly 11,000 jobs to build electric vehicles and batteries in Tennessee and Kentucky. The investment, meant to vault Ford among the leaders in EV output, will
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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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TURIN — Stellantis Chairman John Elkann said an investment in a historical production plant in Italy showed manufacturing in the country remained key to the automaker. Elkann made the comments in response to criticism that Turin, the home of Fiat, was losing its importance after the merger between Fiat Chrysler and PSA Group that created
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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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UK-based Stellantis brand Vauxhall has appointed former Renault UK executive Adam Wood to lead marketing. Wood, 37, started in late August and reports to Vauxhall Managing Director Paul Willcox, the brand said in a statement. Wood joined Renault UK as part of its graduate management program in 2007 and rose to the position of marketing
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Laurens van den Acker took over as head of Renault Group design in 2009 and presided over a successful revamping of the Renault brand’s lineup. Now, under new CEO Luca de Meo, he is stepping into a less hands-on role at the automaker as executive vice president, group design. Van den Acker spoke with Automotive
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Qualcomm has made a formal bid to buy automotive technology company Veoneer for more than $4 billion, beating a previous offer from Magna International, according to people familiar with the matter. The U.S. semiconductor company has formalized its offer of $37 a share, the people said, asking not to be identified discussing confidential information. Qualcomm
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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 — 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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