When Renault reimagined its Espace as a crossover after five model generations as a minivan, it was an acknowledgement that a once-iconic segment had truly run its course in Europe. Minivans have been declining in popularity among European consumers, much as they have with American shoppers. Since the early 2010s, minivans have been replaced by
Bosch’s reorganization of its biggest business unit, Mobility Solutions, into Bosch Mobility will help the mega-supplier prepare for a future in which software, computers and semiconductors are just as important as engines, transmissions and brakes. Markus Heyn, who will lead Bosch Mobility when the reorganization goes into effect on Jan. 1, 2024, said that while
Bosch is reorganizing its Mobility Solutions business sector, giving it more autonomy within the huge supplier’s corporate structure, and forecasting a surge in revenue to $88 billion by the end of this decade. The change reflects the auto industry’s global shift away from the parts and hardware that make up vehicles powered by internal combustion
PARIS — Europe’s automakers have already shown they can pivot to electric powertrains from combustion engines. Now they need to prove they can decarbonize their entire value chain — from suppliers to production to the full vehicle life cycle. Working under the European Union’s target of complete carbon neutrality by 2050 — a stricter standard
After repeated delays, the European Commission this month released its proposed Euro 7 pollution rules, succeeding Euro 6, which came into force in 2014. The tighter vehicle emission rules create some new realities for automakers across the multination market. Euro 7 will most likely be the final internal combustion engine regulations enacted in Europe, since
PARIS – This year’s Paris auto show will look very different than the one that was last held in 2018. For one, it is being combined with the Equip’Auto exhibition of aftermarket supplies, in an effort to offer a broader experience for industry attendees. And there will be very few automakers showing their latest and
The old guard of European automakers has a new member, one focused on electrification, forward-looking technology and manufacturing efficiency. No, it’s not Tesla. The automaker that is quietly disrupting Europe’s auto market is Geely, the Chinese conglomerate founded by billionaire Eric Li that now owns or collaborates with more than a dozen European companies. In
It was five years in the making and struggled at times to make it out of the engineering bay and development labs at one of the auto industry’s most venerable and esteemed automakers. And now that this hypercar has finally arrived, it is being billed as a street-legal monster for the ages. The production version
It was five years in the making and struggled at times to make it out of the engineering bay and development labs at one of the auto industry’s most venerable and esteemed automakers. And now that this hypercar has finally arrived, it is being billed as a street-legal monster for the ages. The production version
Mercedes-Benz will take steps, as part of a broad overhaul of its distribution network, to cut 15 to 20 percent of its dealerships in Germany and about 10 percent globally, executives said. There are no plans for a U.S. dealership consolidation, the automaker said. The downsizing in its global brick-and-mortar retail network comes as Mercedes
