Category Archives: Automotive

Automotive Press Releases & News distributed via EuropaWire

Automotive Suppliers Face Declining Profitability Amidst Stagnation and Rising Competition

(IN BRIEF) The global automotive supplier industry faces tough conditions, with stagnant production volumes, geopolitical uncertainty, and increasing competition putting pressure on profitability. The 2024 forecasted EBIT margin of 4.7% marks a further decline from 2023 levels, with Chinese suppliers … Read the full press release

Shiftmove to Acquire Océan Fleet Management Business in Strategic Expansion across Europe

(IN BRIEF) Shiftmove has signed an exclusivity agreement to acquire the fleet management business of Orange Business, known as Océan. This acquisition will support Shiftmove’s strategy to become the leading provider of digital fleet solutions in Europe by 2027. With … Read the full press release

ZF Develops Advanced Range Extender Technology to Address Electric Vehicle Range Anxiety

(IN BRIEF) ZF is set to advance its range extender technology with a new generation of systems, which will go into volume production in 2026. Range extenders offer a solution to “range anxiety” in electric vehicles by using a combustion … Read the full press release

Roland Welzbacher Appointed to Continental AG Executive Board as CFO

(IN BRIEF) Roland Welzbacher has been appointed to the Executive Board of Continental AG, effective August 1, 2025. He will take over as CFO from Olaf Schick, following a transition period that concludes on October 1, 2025. Welzbacher, who has … Read the full press release

FORVIA Unveils AI and Sustainability-Driven Automotive Breakthroughs at Auto Shanghai

(IN BRIEF) FORVIA introduced nine world premieres and a wide range of AI- and software-driven technologies at Auto Shanghai 2025, including the Saphir concept vehicle and innovations in safety, lighting, and interiors. Designed to serve both global and Chinese markets, … Read the full press release

Henkel Launches AI-Driven, Recyclable Battery Solutions at The Battery Show Europe 2025

(IN BRIEF) At The Battery Show Europe 2025, Henkel will introduce transformative innovations for EV battery systems, including AI-generated virtual adhesives, mica-replacement safety coatings, conductive electrode materials, and advanced debonding technologies. These solutions accelerate battery development, enhance performance, and support … Read the full press release

Dürr’s EcoProBooth Wins PACE Pilot Award for Cutting-Edge Energy-Saving Paint Technology

(IN BRIEF) Dürr has won the 2025 Automotive News PACE Pilot Award for its EcoProBooth, a modular spray booth system designed to increase energy efficiency and streamline vehicle painting. With a 95% air recirculation rate and the ability to handle … Read the full press release

STMicroelectronics Showcases Next-Gen Automotive and AI Solutions at electronica China 2025

(IN BRIEF) STMicroelectronics is showcasing over 50 advanced demos at electronica China 2025, highlighting its pioneering work in Automotive, Industrial, and Enabling Technologies. The exhibits include the newly launched Teseo VI GNSS chip with quad-band anti-jamming and centimeter-level accuracy, cutting-edge … Read the full press release

EU Must Strengthen Power Grids to Electrify Heavy-Duty Transport, Say ACEA and Eurelectric

(IN BRIEF) As Europe pushes to electrify heavy-duty road transport, ACEA and Eurelectric warn that grid limitations, permitting delays, and regulatory hurdles are slowing the deployment of charging infrastructure for zero-emission trucks and buses. In a new joint paper, the … Read the full press release

BASF Launches High-Speed Digital Color Matching Tools for Refinish Industry

(IN BRIEF) BASF Coatings has expanded its Refinity cloud platform with the introduction of ImagePLUS and the next-generation ScanR spectrophotometer, delivering faster, more precise digital color matching for the automotive refinish industry. ScanR offers five accurate measurements in 30 seconds … Read the full press release

BASF’s Cellasto® to Open Second Shanghai Plant as EV Market Demand Surges

(IN BRIEF) Cellasto®, a global leader in NVH components and part of BASF, is investing around €60 million to build a second manufacturing plant in Shanghai, set to open in 2027. The facility will increase local production capacity by nearly … Read the full press release

Continental and GIZ Expand Natural Rubber Sustainability Project in Indonesia to Reach 6,000 Smallholders by 2027

(IN BRIEF) Continental has extended its natural rubber sustainability project with GIZ in Indonesia until 2027, aiming to support an additional 1,000 smallholders on top of the 5,000 already trained. The initiative, co-funded by BMZ, has helped increase farmer incomes … Read the full press release

Covestro Introduces PCR Polycarbonates from Discarded Headlamps to Boost Automotive Sustainability

(IN BRIEF) Covestro has launched a new PCR polycarbonate material made from end-of-life vehicle headlamps, certified by TÜV Rheinland and now available for commercial automotive use. Developed in partnership with GIZ, Volkswagen, NIO, and Chinese recycler Ausell, the material supports … Read the full press release

Eva Lys Named Porsche Brand Ambassador Ahead of Porsche Tennis Grand Prix

(IN BRIEF) Eva Lys, currently Germany’s top-ranked women’s tennis player, has been named a “Friend of the Brand” by Porsche, strengthening her long-standing relationship with the sports car company that has supported her career through its junior tennis programs. She … Read the full press release

Mutares Strengthens Steyr Motors’ Market Profile with EUR 30.9 Million Share Placement

(IN BRIEF) Mutares SE & Co. KGaA has placed 910,000 shares—about 17% of Steyr Motors AG’s outstanding shares—through an accelerated bookbuilding process, raising EUR 30.9 million. This follows a recent German legislative change to bolster domestic defense, which helped spark … Read the full press release

Classic Arcade Meets Cutting-Edge Tech: Volkswagen Launches PAC-MAN with Real-Time Lighting Effects in Select Models

(IN BRIEF) Volkswagen has launched the PAC-MAN Championship Edition as part of its in-car gaming experience, now available in over 300,000 vehicles across Europe via the AirConsole app. The classic arcade game has been updated with brand-themed elements such as … Read the full press release

EIB and EIF Unveil €3.6 Billion Financing Package to Boost Clean Transport, Energy, and Automotive Innovation

(IN BRIEF) The European Investment Bank (EIB) and the European Investment Fund (EIF) have approved new financing initiatives aimed at bolstering clean transport, energy, and innovation projects, as well as enhancing water and sanitation infrastructure in Africa with a total … Read the full press release

MAN Accelerates Transformation with Expanded Battery Production for Electric Commercial Vehicles at Nuremberg

(IN BRIEF) MAN Truck & Bus has officially launched battery production at its Nuremberg site, expanding investment from 100 million to approximately 250 million euros. This phase enhances the facility’s capabilities by producing complete battery packs as well as individual … Read the full press release

Continental Unveils Advanced Laser Beam Scanning for High-Definition Near-Field Projections and Next-Gen Automotive Lighting

(IN BRIEF) Continental is unveiling its advanced laser beam scanning (LBS) technology designed for near-field projection applications in vehicles, offering dynamic, high-definition, and color-capable image projections. This innovative system boasts a compact design for seamless integration into vehicle architecture. Alongside … Read the full press release

Škoda Elroq Triumphs with Revolutionary Modern Solid Design, Winning Its 18th Red Dot Award and Attracting Over 45,000 Orders Globally

(IN BRIEF) Škoda has announced that its latest electric compact SUV, the Elroq, has won a prestigious Red Dot Award. The Elroq, the first production model to adopt the brand’s new Modern Solid design language, showcases revolutionary features including a … Read the full press release