Police in riot gear broke up a picket line of striking stevedores in the Portuguese port of Setubal on Thursday to clear the way for strikebreakers hired to resume shipments of cars made at a nearby Volkswagen plant.
France became the latest European country to call for regional battery manufacturers and automakers to create a consortium able to meet the anticipated demand for EVs and compete with dominant Asian producers.
Renault deputy CEO Thierry Bollore, who takes over Carlos Ghosn's chief executive duties, is a relative newcomer to the automaker, but he has deep French industry knowledge -- and, importantly, the backing of the French government.
PSA's plan to transfer 2,000 engineering posts at Opel's underutilized Ruesselsheim engineering center to Segula Technologies is supposed to protect jobs while giving the French firm a coveted foothold in Germany.
Renault's board appointed an interim chairman and handed new powers to its chief operating officer to replace embattled boss Carlos Ghosn following his arrest in Japan on suspicion of financial misconduct, sources told Reuters.
France will work to preserve the stability of Renault and its alliance with Nissan, President Emmanuel Macron said after the Japanese automaker took steps to oust Chairman Carlos Ghosn over alleged financial irregularities.
Petrochemicals company Ineos said it will decide on the manufacturing location for its new off-road vehicle, currently in design and development, by the end of the year and flagged a number of "very strong options" in the UK and Europe.
VW Group's supervisory board is due to vote on a multi-billion-euro investment plan on Friday, including steps to retool three German plants to mass produce EVs and to explore alliances with battery partners and rival automakers.