VW consortium ‘in talks’ to buy Europcar
VW is interested in buying back French car rental firm Europcar (at the right price), seeing future value in its rental stations as well as a captive market.
News
RBC Bearings to acquire ABB’s Dodge mechanical power transmission business
Dodge acquisition brings more scale to combined organisation.
Navya wins EUR7.7m for four tech projects
Grants show importance of France Relance programme.
Parkopedia extends services for US VW drivers
Parkopedia has upgraded app features for US VWs.
Mitsubishi posts Q1 profits after previous year’s Covid hit
Mitsubishi Motors reversed Covid-hit losses in the first quarter of its new fiscal year.
Tesla reports Q2 profit surge
Tesla enjoys a revenue and profit surge as deliveries ramped up to over 200,000 units in Q2.
Older drivers like self driving cars, ride hailing
A survey found older drivers in the US would hail self driving and ride sharing vehicles.
Gestamp records Q2 net profit of EUR32m
Spanish supplier records improved Q2 net profit.
Ex-Opel chief appointed CEO of VinFast
Vietnam-based Vingroup has appointed a European automotive executive (ex-VW and ex-Opel) to lead its automotive unit - VinFast - on an ambitious global expansion strategy.
Thailand’s PTT Group expands further into EV business
A Thai energy company is digging deeper into electrified vehicles.
Mitsubishi and Hitachi to trial EV delivery van in Thailand
An EV delivery van trial is getting under way in Thailand.
