Stellantis, for now, keeps Russia van plant operating after rival Renault bows to pressure over Ukraine
The automaker’s factory in Kaluga is running at lower output and could have to shut down because of supply and logistics issues, Stellantis said.
Nikola stock rises after analysts cite progress on electric trucks
Nikola has been trying to repair its reputation after the indictment of its founder, accusations that it misled investors and a supply-chain crunch that stalled its launch of a battery-electric truck.
VW of America execs handed the keys to their own market to execute EV plan
With $7.1 billion in investment and a looser leash from HQ in Germany, Volkswagen’s North American arm will be freer to develop products for the region — a shift from being a mere “import business.”
Beijing auto show expected to be postponed amid new virus outbreak
The biennual Beijing auto show was scheduled to begin on April 21 in the Chinese capital, but surging COVID cases are prompting organizers to reschedule it.
Russia's threat to nationalize assets could cost auto industry billions
Russia is considering seizing the assets of companies that have left the country in response to its invasion of Ukraine, putting billions of dollars in automotive assets at risk.