Paul Myles

1 week ago | wardsauto.com | Paul Myles

Stellantis is teaming up with auto electronics specialist Valeo to refurbish used LED headlights and infotainment displays for aftermarket parts sales. The move is an example of the push in the global auto industry to do more recycling of parts and components for reuse and remanufacturing as a way of making bigger profits and reducing the industry’s contributions to landfills.

1 week ago | wardsauto.com | Paul Myles

Swedish truck-maker Scania has finalized the takeover of the battery-pack division of the bankrupt Northvolt company to secure sourcing for its MP12 electric truck lineup. The Volkswagen division last year provided teams of managers and engineers in an attempt to rescue the ailing battery maker. The truck maker now plans to use the unit’s battery packs for its new under-the-cab battery module.

1 week ago | wardsauto.com | Paul Myles

Troubled automaker group Stellantis records a 9% year-on-year fall in first-quarter global shipments, down to 1.2 million vehicles. The drop for the automaker still looking for a new CEO after the ousting of Carlos Tavares last autumn  follows a 12% fall in vehicle shipments in 2024. The first-quarter drop is being blamed mainly on production in North America hit by extended holiday downtime in January on top of product transitions and lower light commercial-vehicle sales in Europe.

1 week ago | wardsauto.com | Paul Myles

As China begins its charm offensive to replace U.S. trade with other Western markets, the EU agrees to enter negotiations to replace its tariffs on Chinese battery-electric vehicles with an agreement on minimum product prices. The negotiations, confirmed by a spokesperson from Europe’s trading body, the European Commission, had been earlier reported by the German newspaper Handelsblatt.

2 weeks ago | wardsauto.com | David Kiley |Paul Myles

Tier 1-supplier plans to sell its ContiTech industrial unit as revenues crash and challenges of U.S. tariffs on the auto sector take a bite out of profits. Continental announces plans to separate its ContiTech division, which specializes in rubber and plastics, into an independent entity, with a sale being the most probable outcome. This move is expected to follow the spin-off of its automotive unit and the sale of its Original Equipment Solutions business.