Samuelsson, who steered Volvo to record sales and profits during his decade as CEO, replaces Jim Rowan on a two-year term starting April 1.
Samuelsson, who steered Volvo to record sales and profits during his decade as CEO, replaces Jim Rowan on a two-year term starting April 1.
The Bigster is priced thousands below top-selling SUVs such as the VW Tiguan and Hyundai Tucson.
CEO Olivier Francois expects the Grande Panda to become the Stellantis subsidiary’s bestseller by winning over customers in Europe, South America and Africa.
The British government is working to save Jaguar Land Rover, Rolls Royce and Aston Martin from President Trump's tariffs on U.S. auto imports.
The EU has granted final approval to Tesla's emissions pool, which now includes Stellantis, Toyota, Ford, Honda, Mazda, Subaru and Suzuki. But Tesla's falling sales are a new concern.
Aston Martin is struggling because of supply chain issues, delivery delays and depressed demand in China. The automaker lowered its 2025 guidance because of tariffs announced by President Donald Trump.
Strong sales of the Nissan Ariya, Toyota bZ4X and VW ID4 made Norway one of Europe’s fastest growing markets in February.
BYD is eyeing super-fast charging and expansion in Europe to solidify its position as a global EV leader.
Trump’s 25 percent tariff could wipe out around a quarter of Porsche and Mercedes’ projected 2026 operating earnings, Bloomberg estimates.
The VW Group subsidiary expects to get its entry EV on the road in 2026 instead of 2027 with help from a software collaboration with Rivian.
Increased military spending could offer new revenue opportunities for suppliers such as Bosch, ZF and Schaeffler that are cutting jobs amid weak auto sales.
The decision follows a €20 billion ($21.6 billion) after-tax loss at Porsche SE because of impairments on its holding of VW stock.
The Stellantis subsidiary will equip the Junior small premium car with a system that couples a 136-hp, 1.2-liter turbocharged gasoline with two 29-hp electric motors.