Polestar has obtained a loan of up to $600 million from its majority owner, Geely Holding, as the company faces a cash shortage amid a slowdown in global EV demand. The subordinated loan, provided through...

Luminar Technologies has filed for Chapter 11 bankruptcy protection in Texas as it seeks to sell its core LiDAR business following the loss of a key supply contract with Volvo Cars and mounting financial strain....

What is unfolding in Brussels is not a technical adjustment or a minor recalibration of policy. It is a capitulation. Under pressure from Germany, Italy, and the corporate titans of Europe’s auto industry, the European...

Hans Michel Piech, 83, the aging scion of Europe’s most powerful automotive dynasty, gambled nearly €1.1 billion in 2017 to secure control over his family’s empire, buying shares from his estranged brother, Ferdinand Piech. What...

Six EU member states—Bulgaria, the Czech Republic, Hungary, Italy, Poland, and Slovakia—have called on the European Commission to relax the planned 2035 ban on internal combustion engine (ICE) vehicles. In a joint letter, they proposed allowing hybrid...

ZF Friedrichshafen, a major German auto supplier for BMW and Volkswagen, is facing sharply rising refinancing costs as the wider German auto industry struggles. The company’s latest five-year bond carries a 7% interest rate, up...