#EUROPE

Production

FCA Hikes Credit Line for Hybrids, EVs to Nearly $1 Billion

European line-of-credit cover research, plant retooling in Italy.

Sales

August Sales Drop 18% in Europe

Regional revival continues, but slowly.

Sales

Mercedes Readies Fuel Cell Truck

Sales targeted for 2024 under joint venture with Volvo

Economics

FCA-PSA Tweak Merger Terms

Revised deal will give the new Stellantis another $3.4 billion in cash.

Diesel

Daimler Will Pay $1.5 Billion for Diesel Emission Cheating in U.S.

Settlement covers 250,000 diesel sold in 2009-2011.

Assembly

Brexit Fumble Could Cost Carmakers $130 Billion

Deadline looms for last-minute trade deal on U.K. exit from European Union

Economics

McLaren Expects to Sell HQ to Raise Cash

British supercar maker McLaren Group intends to sell its zoomy global headquarters complex.

Business

Daimler Slapped with Second Injunction over Patent Use

Nokia and now Sharp win okay to block sales in Germany...at a price

Regulations

Ex-VW Chief Winterkorn Faces Trial in Diesel Scandal

German court cites “predominant likelihood” of fraud conviction.

Hybrid

PSA, Total Unveil Venture to Make EV Batteries in Europe

$5.9 billion venture to supply merged PSA and Fiat Chrysler Automobiles

Sales

European EV/Plug-in Hybrid Share Triples in Q2

Sales of electrified models jumped 53%, while diesel/gasoline sales halved

Diesel

Report: EV Production Cost Parity a Decade Away

EV production costs are falling, but ICE costs are rising.

Batteries

New EV Application is All About the Money

MAN’s eTGE van is being used as an armored truck in Germany

Economics

FCA to Build Future Small Cars on PSA’s Platform

Millions of small cars may soon ride on “CMP” chassis

Quality

Porsche Takes High Roads to Clean—and Fun—Driving

Enhanced app helps drivers plan quality road trips

Business

Court Won’t Reconsider Ruling on VW Emission Updates

VW vows Supreme Court plea to bar local enforcement

Regulations

Porsche Launches Probe into Gas Engine Cheating

A new wrinkle in VW Group’s diesel engine emissions scandal?

Business

Nokia Wins Patent Ruling on Connectivity Tech

Defends cellular connectivity patents in German lawsuit against Daimler

A Problem with Parking

“Where’s the car!?!” seems to be a common thought in the U.K.

Batteries

Northvolt Gets $525 Million German Loan Guarantee

Startup’s funding war chest tops $3.1 billion

Economics

U.K. to JLR: No Special Bailout for You

Carmaker gets the cold shoulder from British government over pandemic aid

Rolls-Royce Ghost to Get “Magic Carpet” Suspension

Luxury marque goes all in with advanced driveline tech

Sales

Global Car Market Recovery Continues, for Now

Pent-up demand continues to veil the “real” market

Autonomous Vehicles

U.S to Review Vehicle Safety Standards Process

DOT inspector general’s office hopes to speed reforms for autonomous cars