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This week’s automotive headlines – 11 June 2022
Ford invests €3.5 billion in US production  
French electric-vehicle incentives shielded against quick resales
Mercedes-Benz recalling nearly one million older cars worldwide
BEVs buck the trend in struggling UK new-car market
Audi turns to trains for battery-module deliveries to lower carbon emissions
German new-car market downward trend deepens but BEVs grow in May
European new-car markets subtly recover from Ukraine war in May
Fiat to start electrified-only sales imminently in the UK
Supercar startup Rimac bags €500 million investment, with Porsche strengthening ties
Real-world Transformers a step closer to reality
Hyundai plans future-mobility experiences via the metaverse
Volvo joins initiative in bid to move to fossil-free steel
ABB buys controlling stake in Indian EV-charging company
EV battery startup Britishvolt buys German company for €36 million
Is the next automotive reality, virtual, augmented, and metaverse-bound?
Johnson Matthey sells ‘unviable’ EV-battery materials business
Monthly Market Update: Residual-value growth slows in May as used-car sales cool
UK sees car ownership decline again as EVs yet to take significant share
JLR offers online car sales, subscriptions, and rentals on revamped digital platform