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Volvo to cut stake in Polestar to 18% as EV demand slumps

Polestar shares have fallen due to a slower-than-expected ramp up and overall cooling EV demand. Volvo’s...

Nvidia tops $2 trillion valuation in first for chipmakers

While Apple and Microsoft took over two years to go from $1 trillion to $2...

Ineos Fusilier SUV to offer electric, range-extender powertrains

The Fusilier SUV will be built by Magna Steyr in Austria in the same plant...

The top 5 stories of the week

A quick glance at the top auto industry stories of the week....

Ineos Fusilier SUV to offer electric, range-extender powertrains

The Fusilier SUV will be built by Magna Steyr in Austria in the same plant...

Stellantis CEO Carlos Tavares gears up for EV-driven industry shakeout

With China looming, he sees a need for automakers to consolidate. However, he doesn’t see...

GM’s Cruise prepares to resume robotaxi testing after suspension

General Motors Co.’s Cruise autonomous driving unit is nearing the resumption of robotaxi testing in...

SAIC’s IM upscale brand readies Europe launch with L6 electric sedan

The Geneva show reveal of the IM L6 midsize car comes in advance of the...

What to watch for at the 2024 Geneva auto show

Chinese brands BYD and MG will share the spotlight with Renault and Dacia, as most...

Stellantis CEO Carlos Tavares’ compensation jumps 56% to $40M

Tavares’ 2023 pay included an $11 million transformation incentive to meet milestones tied to challenges...

What to watch for at the 2024 Geneva auto show

Chinese brands BYD and MG will share the spotlight with Renault and Dacia, as most...

Volvo to cut stake in Polestar to 18% as EV demand slumps

Polestar shares have slumped due to a slower-than-expected ramp up and overall cooling EV demand....

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