Gilles Guillaume

French automaker Renault and its Chinese partner Geely (GEELY.UL) plan to announce a deal later this month on expanding their cooperation to Brazil, three sources said, as they seek new growth markets amid broadening global trade wars.

Stellantis , the world's fourth-largest carmaker, and French technology and artificial intelligence (AI) firm Mistral have decided to expand their strategic partnership in a move which Stellantis said will speed up its industry-data analysis.

Nissan Motor Co Ltd is open to pooling with other carmakers in order to reach its CO2 targets in 2025, a spokesperson for the Japanese carmaker in Europe said to Reuters on Thursday.

European automakers are raising prices of petrol cars and readying discounts on electric vehicles as they brace for yet another challenge - tougher emissions rules that threaten to further shrink profits across the struggling industry.

Opel will continue its role as the electric vehicle pioneer for Stellantis despite the sudden departure of CEO Carlos Tavares, the German brand's CEO told Reuters on Thursday.

The Peugeot family holding company, a major shareholder in Franco-Italian carmaker Stellantis , on Monday expressed its continued support for the group after the surprise resignation of CEO Carlos Tavares.

France will sharply reduce subsidies for electric-car purchases in the coming days, with a new scale ranging from 2,000 to 4,000 euros based on income, down from the previous range of 4,000 to 7,000 euros, a government source said on Thursday.

French car parts supplier Valeo will cut around 1,000 jobs in Europe, sources told Reuters, and the restructuring move will also result in Valeo closing two sites in France.

French automotive supplier OPmobility is aiming to double its sales in the United States by 2028, a company presentation showed on Tuesday, as it benefits from auto sector consolidation and strong support for local production.

Stellantis CEO Carlos Tavares sounded a defiant note at the Paris car show on Monday, a fortnight after the automaker issued a massive profit warning.