Italian and Chinese shareholders in Pirelli clash over governance
Chinese and Italian shareholders in Pirelli are at odds over the group's governance, two sources said, with the Chinese investor potentially a hurdle for the
Chinese and Italian shareholders in Pirelli are at odds over the group's governance, two sources said, with the Chinese investor potentially a hurdle for the
The chairman of Stellantis said on Wednesday that Europe's automotive industry does not need to convert to defence production, while confirming
Chinese electric vehicle giant BYD is considering Germany for a possible third assembly plant in Europe, a source familiar with the matter told Reuters, after
European automakers' shares jumped on Thursday after U.S.
Italy's Agnelli family cut its controlling stake in Ferrari by around 4%, raising about 3 billion euros ($3.14 billion) to fund potential new M&A deals, its
Automaker Stellantis said on Wednesday it would return to revenue growth and positive cash generation in 2025 as it scrambles to recover from a crisis which engulfed its U.S.
As Stellantis chairman John Elkann interviews CEO candidates, deciding how many of the automaker's 14 brands have a viable future is a significant priority.
Ferrari is preparing the landmark launch of its first fully electric car in October, the luxury sports car maker said on Tuesday, while targeting
Idra, an Italian aluminium casting machine maker and Tesla supplier, has added Ford, Hyundai and a European company to its customer base as more
Ferrari has started to accept payment in cryptocurrency for its luxury sports cars in the U.S. and will extend the scheme to Europe following requests from its
Automaker Stellantis aims to increase sales of its light commercial vehicles (LCV) by 25% through 2027 to catch up with global market leader Ford, the
Stellantis plans to build an electric vehicle (EV) battery plant with China's CATL in Europe, its fourth one in the region, as the European carmaker seeks to
Stellantis CEO Carlos Tavares said on Thursday the carmaker will need all of its Italian factories to hit its long-term production goal there, in conciliatory
Ferrari has been sued in the United States by drivers who said the Italian luxury sports car maker has failed to fix vehicles at risk of a partial
Tesla has backed away from an ambitious plan for innovations in gigacasting, its pioneering manufacturing process, according to two
Ferrari's core earnings rose 13% in the first quarter helped by sales of models such as the 2 million-euro ($2.2 million) Daytona SP3 limited-series luxury car
Starting in the 1980s, European automakers steadily conquered China, racking up millions in sales with little local competition.
European governments may be wary of budget Chinese electric vehicles flooding their markets but they're also fiercely competing for a share of the manufacturing
Ferrari's first electric car will cost at least 500,000 euros ($535,000), a source familiar with the matter told Reuters, as the luxury automaker prepares to
Stellantis is taking steps to fix weak margins and high inventory at its U.S. operations and will not hesitate to axe
Stellantis CEO Carlos Tavares has started a three-day visit in Detroit, where he will seek to develop a strategy to fix the
Stellantis is searching for CEO Carlos Tavares' successor, the company said Monday, after the Chrysler parent laid out a plan to
Sam Altman denied on Thursday that there was any link between the departure of three senior OpenAI executives and a planned
Shares in French-Italian automaker Stellantis resumed their decline on Friday after the carmaker said CEO Carlos Tavares would retire in 2026 and announced
Reduced shipments and lower pricing power slashed Stellantis revenue by 27% in the third quarter, the automaker said as it seeks to fix
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