The collapse of Europe’s automobile industry is being presented as restructuring. It is not. It is a surrender. Volkswagen, Europe’s largest automaker, has approved another 50,000 job cuts, bringing planned reductions to roughly 100,000 worldwide...

Is Washington about to open the gates to Chinese carmakers? There are rumours that the Trump administration is considering exactly that as part of a broader deal with Beijing ahead of Chinese President Xi Jinping’s...

Porsche has completed its exit from Bugatti Rimac and Rimac Group, turning its stakes in the Croatian electric hypercar businesses into around €1 billion in proceeds as the luxury automaker moves to strengthen its finances and refocus...

Volkswagen is preparing to destroy 50,000 jobs. The word used by corporate executives is “transformation.” It is a bloodless word, designed to conceal what is being transformed and who will be sacrificed. Behind the corporate...

Horse Powertrain has unveiled a hybrid drivetrain that could redefine what a plug-in hybrid is capable of. The new 3DHT200 packs 13 major components into a single system and will make its debut in the forthcoming Geely Galaxy...

Chinese carmakers are rapidly strengthening their position in France, with July registrations highlighting a major shift in Europe’s fiercely competitive automotive market. France recorded 126,808 passenger-car registrations in July, up 9% year on year, while...