Stefan Nicola

Berlin

Autos Editor and Reporter at Bloomberg News

Automotive editor for @business in Berlin, #Hyperdrive columnist. All things European #carindustry, German economy, #Tesla. Opinions my own. https://t.co/62kdVgk7cm

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Articles

Renault Kicks Off CEO Search After De Meo’s Surprise Exit

1 week ago | news.bloomberglaw.com | Stefan Nicola |Albertina Torsoli

Renault SA is under pressure to quickly find a replacement for Chief Executive Officer Luca de Meo after the shock news of his planned departure, as the industry grapples with rising trade tensions and intense competition from Chinese manufacturers led by BYD Co.The board led by Chairman Jean-Dominique Senard is looking at internal and external CEO candidates including Dacia boss Denis Le Vot and Stellantis NV purchasing chief Maxime Picat, according to people familiar with the matter.
Renault Kicks Off CEO Search After De Meo’s Surprise Exit

1 week ago | bloomberg.com | Stefan Nicola |Albertina Torsoli

Luca de Meo (Bloomberg) -- Renault SA is under pressure to quickly find a replacement for Chief Executive Officer Luca de Meo after the shock news of his planned departure, as the industry grapples with rising trade tensions and intense competition from Chinese manufacturers led by BYD Co. The board led by Chairman Jean-Dominique Senard is looking at internal and external CEO candidates including Dacia boss Denis Le Vot and Stellantis NV purchasing chief Maxime Picat, according to people...
Promise remains unfulfilled, despite efforts by Tesla, VW

2 weeks ago | afr.com | Stefan Nicola

Skip to navigationSkip to contentSkip to footerHelp using this website - Accessibility statementTwo decades ago, the US military kicked off the race to build self-driving cars by sending a fleet of fledgling robot vehicles across the Mojave Desert in its Darpa challenge. By 2015, autonomous vehicle technology was being widely pursued, and the industry was abuzz with predictions that driverless cars would soon be everywhere. It didn’t happen.
Why It’s So Hard to Make a Safe Self-Driving Car: QuickTake

3 weeks ago | news.bloomberglaw.com | Stefan Nicola

Two decades ago, the US military kicked off the race to build self-driving cars by sending a fleet of fledgling robot vehicles across the Mojave Desert in its seminal Darpa challenge. By 2015, autonomous vehicle technology was being widely pursued, and the industry was abuzz with predictions that driverless cars would soon be everywhere. It didn’t happen. Some legacy carmakers and startups abandoned their efforts, citing excessive costs and complexity.
Why It’s So Hard to Make a Reliable Self-Driving Car

3 weeks ago | bloomberg.com | Stefan Nicola

A Tesla Cybercab prototype. (Bloomberg) -- Two decades ago, the US military kicked off the race to build self-driving cars by sending a fleet of fledgling robot vehicles across the Mojave Desert in its seminal Darpa challenge. By 2015, autonomous vehicle technology was being widely pursued, and the industry was abuzz with predictions that driverless cars would soon be everywhere. It didn’t happen. Some legacy carmakers and startups abandoned their efforts, citing excessive costs and complexity.
Volkswagen’s key brand barely earned income in first quarter

1 month ago | detroitnews.com | Stefan Nicola |Monica Raymunt

Volkswagen AG’s namesake brand hardly generated any returns in the first quarter after costs linked to European emissions rules and US tariffs weighed on results. VW’s operating margin fell to 0.5%, from 3.9% in the same period last year, the brand said Friday. It’s sticking to its goal of a 4% operating margin for the full year, which will require exceeding that target in one or more quarters.
VW apenas generó beneficios en el trimestre: aranceles amenazan con empeorar las cifras

1 month ago | bloomberglinea.com | Stefan Nicola |Monica Raymunt |Krisztian Bocsi

Bloomberg — La marca homónima de Volkswagen AG apenas generó beneficios en el primer trimestre, después de que los costos relacionados con la normativa europea sobre emisiones y los aranceles estadounidenses lastraran los resultados. El margen operativo de VW cayó al 0,5%, desde el 3,9% del mismo periodo del año anterior, según informó la marca el viernes.
Volkswagen’s Key Brand Barely Earned Income in First Quarter

1 month ago | bloomberg.com | Stefan Nicola |Monica Raymunt

A range of Volkswagen vehicles at the VW headquarters in Wolfsburg, Germany. (Bloomberg) -- Volkswagen AG’s namesake brand hardly generated any returns in the first quarter after costs linked to European emissions rules and US tariffs weighed on results. VW’s operating margin fell to 0.5%, from 3.9% in the same period last year, the brand said Friday. It’s sticking to its goal of a 4% operating margin for the full year, which will require exceeding that target in one or more quarters.
Germany Plans EV Tax Incentives in Draft Coalition Agreement

2 months ago | news.bloombergtax.com | Stefan Nicola

Germany’s future government plans incentives to strengthen sales of electric cars including exempting them from general vehicle taxes until 2035, the parties write in a draft coalition agreement.
VW and Mercedes answer Trump with price hikes, output shifts

2 months ago | thedailynewsonline.com | Stefan Nicola

Europe’s automakers are raising prices and preparing to shift car production to the U.S. to try to protect themselves from President Donald Trump’s tariffs. Volkswagen AG plans to add import fees to the sticker prices of its vehicles shipped into the U.S., indicating Trump’s 25% auto duties will have an immediate effect on Europe’s biggest carmaker. Volvo Car AB and Mercedes-Benz Group AG are looking at expanding local output to sidestep the levies. kAmv6C>2?