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"27.04.2017 13:05:00" autonews.com Volvo exec says risk factor for XC60 exceeds XC90 Volvo's r&d boss says the new XC60 is even more of a high-risk model than the second-generation XC90. 'This is a completely different ballgame because the XC60 is our most profitable car,' said Henrik Green, adding that the car 'has to deliver.' Latest Blog: #Volvo's #XC60:
"27.04.2017 12:14:58" europe.autonews.com Ford profits fall on recall charges, higher costs Ford reported first-quarter net income of $1.6 billion, down $900 million from a year earlier, as revenue rose and profit margins shrank. Pretax earnings were $2.2 billion, down $1.6 billion, or 42 percent, from a year earlier, when Ford posted its best #Ford profits fall:
"27.04.2017 09:25:52" europe.autonews.com Schaeffler growth outpaces global car market, but supplier warns of headwinds German supplier Schaeffler said growth at its automotive division continues to outpace global car markets, but the company warned that it would find it difficult to sustain strong margins in the unit given rising steel prices, high r&d costs and Positive growth at #Schaeffler; supplier warns of headwind:
"27.04.2017 09:24:56" europe.autonews.com PSA's tough double: Fixing China slump while also absorbing Opel PSA CEO Carlos Tavares already has a big job ahead of him as he focuses on integrating the operations of Opel/Vauxhall into the French automaker. Now he has another worry: fixing the French automaker's retail network in China. Big challenges for #PSA:
"27.04.2017 09:23:25" europe.autonews.com Valeo sales rise 22% on fuel-saving, self-driving tech Valeo's quarterly sales rose 22 percent to outpace global vehicle production in all regions as the French supplier reiterated its upbeat 2017 goals on strong demand for its fuel-saving and automated driving technology. Good news for #Valeo:
"27.04.2017 09:22:55" europe.autonews.com UK's first-quarter production rises to 17-year high on exports UK car production increased by 7.3 percent in March, helping first-quarter output rise 7.6 percent, its highest level since 2000, as robust exports helped offset a fall in domestic demand. UK's first-quarter production rises to 17-year high:
"27.04.2017 07:44:15" Automotive News Europe's cover photo
"27.04.2017 07:36:36" autonews.com Takata stock trading suspended after reported bankruptcy filing plan Takata stock trading was suspended in Japan after a newspaper report that the embattled auto supplier was considering filing for bankruptcy protection. #Takata stock trading suspended in Japan; reports of bankruptcy filing plan:
"26.04.2017 18:37:18" europe.autonews.com VW mulls possible sale of motorbike brand Ducati, report says VW Group is considering a possible sale of Italian motorcycle maker Ducati as the automaker seeks to streamline operations to fund an strategic overhaul after its emissions-cheating scandal, Reuters reported. Bye-Bye, #Ducati? #VW allegedly considers selling motorcycle maker:
"26.04.2017 18:36:16" europe.autonews.com Tesla offers more sweeteners to try quell unrest at key German supplier Tesla has offered more sweeteners to try to quell unrest at German supplier Grohmann Engineering, a maker of automated manufacturing systems which Tesla agreed to buy in November Grohmann is key Tesla's bid to succeed in the mass market by massively #Tesla offers sweeteners to try quell unrest at key German supplier:
"26.04.2017 18:35:05" europe.autonews.com Fiat Chrysler Q1 profit rises on Europe rebound, Maserati surge Fiat Chrysler earnings rose 11 percent in the first quarter as the automaker shifted to building more profitable SUVs. In Europe, profit at the group's once-struggling operations almost doubled to 178 million euros. #FiatChrysler Q1 profits rise; #Maserati surges:
"26.04.2017 18:33:54" europe.autonews.com Grammer sees way clear to getting new strategic partner in China's Ningbo German supplier Grammer said a court had lifted the enforcement of a temporary injunction on the exercise of a convertible bond, allowing it to issue shares to strategic partner China's Ningbo Jifeng. Grammer is making the move to counter activist
"26.04.2017 11:09:00" autonews.com Tesla dinged by Consumer Reports for not implementing safety feature Tesla vehicles have dropped in Consumer Reports' ratings because the automaker failed to implement a safety feature that was expected to come standard. #Tesla's #ConsumerReports ratings slip:
"26.04.2017 11:07:47" europe.autonews.com Land Rover hits Landwind headwind Land Rover is having no luck quashing the brazen - and successful - Chinese copy of its Range Rover Evoque, Jaguar Land Rover CEO Ralf Speth said at the Shanghai auto show. #LandRover hits #Landwind headwind:
"26.04.2017 11:06:54" europe.autonews.com BMW uses fear factor to rally staff in move to EVs BMW has started putting staff through day-long events in Germany intended to warn them of the perils of not taking the electric-car revolution seriously. The message is that BMW must adapt, but the subtext is a recognition that the company has gone from #BMW uses fear factor to rally staff in move to #EVs:
"26.04.2017 08:42:20" autonews.com Hyundai goes to Antarctica In the latest video to top our weekly viral video charts, Hyundai helps finish a 100-year old expedition. #Hyundai helps finish a 100-year old expedition in Antarctica:
"26.04.2017 08:40:54" europe.autonews.com PSA first-quarter revenue rose 5% on new models, higher pricing PSA's first-quarter revenue rose nearly 5 percent, helped by new models such as the Citroen C3 and Peugeot 3008, and higher prices. Q1 revenue up for #PSA:
"26.04.2017 08:40:08" europe.autonews.com Daimler says U.S. diesel probes could result in penalties, recalls Daimler said steps by U.S. authorities to investigate diesel pollution and emissions control devices could lead to significant penalties and vehicle recalls. U.S. diesel probes could result in penalties and recalls, says #Daimler:
"26.04.2017 08:39:09" europe.autonews.com Hyundai's Q1 profit slides as China political row, U.S. recall drag Hyundai posted a 21 percent fall in quarterly net profit, dragged down by a U.S. recall and sales declines in China stemming from political tensions. Q1 profit down for #Hyundai and here is why:
"26.04.2017 08:38:25" europe.autonews.com Daimler raises earnings forecast on surging Mercedes profit Daimler raised its outlook for 2017 on surging profit from the Mercedes cars unit and improving commercial-vehicle operations. The company confirmed preliminary results released earlier this month, reporting first-quarter operating profit that surged 87 #Daimler raises earnings forecast:
"25.04.2017 20:36:08" autonews.com Jaguar expands XF lineup with Sportbrake wagon Jaguar said the XF Sportbrake, a four-door wagon with a large, sloping glass roof, will join its U.S. lineup this year. It will be the first Jaguar wagon to be offered in the U.S. since the short-lived X-Type. #Jaguar expands #XF lineup with #Sportbrake wagon:
"25.04.2017 20:35:13" autonews.com Audi, inspired by a young boy versed in Latin, becomes an official brand The name Audi is officially adopted for a new car company on April 25, 1910, by August Horch, an engineer who first went to work for Carl Benz, first in an engine assembly department and later as head of motor vehicle construction. #Audi anniversary:
"25.04.2017 14:28:35" europe.autonews.com Ghosn wants Mitsubishi to reform, rules out Nissan merger Nissan and Mitsubishi CEO Carlos Ghosn ruled out a full merger of the two automakers, but said he wants changes at the smaller company. The executive repeated comments made previously by the alliance that it was likely the carmakers will cross-manufacture #Ghosn rules out #Nissan merger; wants #Mitsubishi to reform:
"25.04.2017 13:33:48" europe.autonews.com Google will begin testing autonomous cars with consumers After almost a decade of research, Google's autonomous car project is close to becoming a real service as it begins testing its vehicles with consumers in the U.S. #Google about to start testing autonomous cars with consumers:
"25.04.2017 13:33:08" europe.autonews.com France's Bollore backs away from EV ambitions Vincent Bollore, the French billionaire who helped build Paris's auto-sharing network, is backing off on ambitions for his electric cars to compete with models from VW Group and Renault.
"25.04.2017 13:32:43" europe.autonews.com Germany opposes key EU reforms prompted by VW emissions scandal, report says Germany is opposing key elements of an EU proposal to overhaul how vehicles are licensed and tested following the Volkswagen Group emissions scandal, according to a document seen by Reuters.
"25.04.2017 08:54:38" europe.autonews.com Continental will increase investment in EV technology Continental plans to invest an additional 300 million euros ($326 million) in electric-car technology by 2021 in anticipation of a shift to EVs over the next decade.
"25.04.2017 08:54:12" europe.autonews.com China to loosen JV ownership restrictions for foreign automakers China plans to lift the cap on how much foreign automakers can own of their local joint ventures, opening the prospect of companies such as VW Group and GM owning all of their operations in the country. The move would put pressure on local automakers to
"25.04.2017 08:53:19" europe.autonews.com China targets 35 million vehicle sales by 2025, NEVs to make up one-fifth China is targeting 35 million vehicle sales by 2025 and wants new energy vehicles to make up at least one-fifth of that total as automakers increasingly push into electric and plug-in hybrid vehicles to meet stringent new government quotas. China's ambitious vehicle sales targets:
"24.04.2017 18:34:36" autonews.com Amazon builds team for autonomous vehicle technology Amazon has quietly pulled together a team to hone in on autonomous vehicle technology and how to leverage it for the online retail giant's needs, potentially aiding its quest for quick delivery, The Wall Street Journal reported. #Amazone working on more than just distributing merchandise:
"24.04.2017 18:33:19" autonews.com Germany's auto industry welcomes prospect of Macron presidency in France Sunday's election outcome in France, in which a moderate Europhile investment banker won the first round of the Presidential vote, was met with relief by German's auto industry. Latest Blog: Germany's auto industry would welcome prospect of Macron presidency:
"24.04.2017 18:32:30" europe.autonews.com French prosecutors open formal probe into PSA over emissions French prosecutors have opened a formal investigation into suspected emissions test-cheating by PSA. The company is being investigated for alleged consumer fraud offenses. Formal probe into #PSA over emissions in France:
"24.04.2017 18:31:49" europe.autonews.com How Volvo helped to electrify the iconic London black cab Volvo helped to make London's iconic black taxis more environmentally friendly by supplying an electrified drivetrain to the UK company that builds the famous cabs. #Volvo helped electrify London's black cab:
"24.04.2017 12:33:30" autonews.com Electric-car revolution faces its biggest test Are electric cars ready to stand on their own? If you took a spin down to the New York auto show, the answer is probably a hard 'no.' Electric-car revolution faces its biggest test:
"24.04.2017 12:32:12" europe.autonews.com Mini's 5th 'superhero' to be an EV Mini's promised fifth volume nameplate will be an EV. It's coming in 2019 and could help the brand's sales levels rebound. #Mini #EV on the way!
"24.04.2017 09:47:21" europe.autonews.com Tesla's big Model 3 bet rides on risky assembly line strategy Elon Musk took many risks with the technology in Tesla's cars on the way to surpassing Ford's market value. Now the CEO is pushing boundaries in the factory as he skips 'beta' production testing in a bid to launch the Model 3 sedan quickly. Quick launch of #Tesla #Model3 might be risky:
"24.04.2017 07:44:52" autonews.com New airbag injury highlights Honda’s struggle The convoluted history of a 2002 Honda Accord involved in a March 3 crash shows the challenge Honda faces in keeping defective Takata airbag inflators out of circulation. #Honda's airbag struggles:
"24.04.2017 07:44:03" autonews.com Japan dreams of a hydrogen society As home market to two of the three global carmakers selling hydrogen fuel cell vehicles, Japan is understandably optimistic about the outlook for hydrogen-powered cars. Japan dreams of hydrogen society:
"24.04.2017 07:43:05" autonews.com VW whistleblower was a U.S. executive A new book on the VW diesel emissions scandal asserts that it was an American VW executive who first disclosed VW's criminal acts to regulators. Book claims U.S. exec was #VW whistleblower:
"24.04.2017 07:42:08" autonews.com Detroit execs see no breakthrough in Japan Despite President Donald Trump's tough talk on trade with Japan, Detroit automakers see no path to higher sales there, even with a negotiated breakthrough. #Ford, #GM don't expect big market shift:
"24.04.2017 07:41:28" autonews.com AMERICAN AXLE'S DAVID DAUCH: Supplier finds itself in a 'sweet spot' American Axle CEO David Dauch is in the sweet spot as the company absorbs its Metaldyne acquisition.
"24.04.2017 07:40:41" autonews.com Porsche dealers want more than a Panamera wagon The 5-seat Porsche Panamera Sport Turismo wagon will go on sale in the U.S. at the end of 2017. But dealers still want a five-seat Panamera sedan. #Porsche dealers still want 5-seat #Panamera sedan despite #SportTurismo wagon going on sale later this year:
"24.04.2017 07:38:50" autonews.com Mustang-Camaro rivalry takes root in China The all-American vibe of Mustangs and Camaros is beginning to resonate in China -- even at twice the price. #MustangCamaro rivalry takes root in China:
"23.04.2017 13:19:24" autonews.com Delphi is building over-the-air software suite for automakers The cars consumers are already driving could soon get over-the-air software updates like those pioneered by Tesla that fix flaws or add features without a visit to the dealership.
"23.04.2017 13:18:53" autonews.com Where to discover self-driving secrets Autonomous vehicle development has become highly competitive, and companies working on the technology tend to hold their plans close to the vest.
"23.04.2017 13:17:59" europe.autonews.com Audi's A8 self-driving tech depends on regulatory changes Audi upcoming A8 flagship sedan is expected to be the first production car capable of Level 3 autonomous driving, but the feature will not be immediately available because governments must first pass new laws that provide legal certainty. #Audi's #A8 self-driving tech depends on regulatory changes:
"23.04.2017 13:13:34" europe.autonews.com How de Meo convinced VW that Seat needed a midsize SUV Seat CEO Luca De Meo pitched the case for a midsize SUV to VW Group by making the case that it would boost capacity utilization at VW's home plant in Wolfsburg, Germany. De Meo explained how the plan became a reality in an interview with Automotive News How #Seat CEO convinced #VW that Seat needed a midsize SUV:
"23.04.2017 13:11:25" europe.autonews.com MG cars to be sold across Europe in 2019 China's SAIC will begin sales of MG cars in mainland Europe starting at the end of 2019. MG's rollout will include the majority of European markets and will focus on SUVs and hatchbacks. #MG cars to be sold across Europe in two years:
"23.04.2017 13:10:47" europe.autonews.com Renault expects big benefits from its expanded alliance Renault sees big benefits working with Nissan and the two newest members of their alliance, AvtoVAZ and Mitsubishi. Top Renault strategist Jeremie Papin gave an overview of the alliance's strategy for growth markets such as China and new business areas #Renault expects big benefits from expanded alliance:
"21.04.2017 16:16:40" autonews.com GM to start pure-electric model production in China within 2 years, report says General Motors will start production of a pure-electric model in China within two years, the Associated Press reported. #GM to start pure electric model production in China within 2 years, according to report:
"21.04.2017 16:15:04" autonews.com EU to propose linking CO2 emissions for trucks, cars to road toll charges Automotive News coverage of the European market, focusing on vehicle development, production, marketing and sales. #EU looking to link CO2 emissions for trucks, cars to road toll charges:
"21.04.2017 16:14:04" autonews.com China lands Chevy Volt in a Buick wrapper Buick offers far more models in China than it does in the U.S., and analysts predicted a Buick version of the Chevrolet Volt would be offered in the Middle Kingdom before the second-generation model even debuted this week.
"21.04.2017 16:13:32" europe.autonews.com VW sentenced to pay $4.3 billion in U.S. fines and penalties, cooperate with investigators A federal judge sentenced Volkswagen to pay a total of $4.3 billion in fines and penalties and called on the automaker to continue to fully cooperate with federal and state investigators. #VW sentenced to pay huge fine in U.S.:
"21.04.2017 16:12:43" europe.autonews.com Jeep finds green groove with plug-in hybrid SUV concept Jeep highlighted its green and connectivity technology with the Yuntu seven-seat plug-in hybrid SUV. The Yuntu was designed by Fiat Chrysler for its China joint venture, GAC FCA. #Jeep introduces green and connectivity technology in hybrid SUV concept:
"21.04.2017 12:33:46" europe.autonews.com VW diesel whistleblower identified in book As Volkswagen Group's criminal case comes to a close in a U.S. court on Friday, a nagging question persists: Who blew the whistle and first admitted to regulators that VW was lying about its dirty diesels? #VW diesel whitleblower identified in book:
"21.04.2017 11:13:17" europe.autonews.com Fiat dealers in Italy protest after getting vehicles they did not order Fiat dealers in Italy have protested to the automaker after the company invoiced for about 6,000 new vehicles they did not order. Italian #Fiat dealers upset:
"21.04.2017 09:06:44" autonews.com Tesla recalls 53,000 Model S, Model X vehicles for parking brake Tesla is recalling 53,000 of its Model S and Model X cars for an electric parking brake issue, according to a statement on its website. Major recall at #Tesla:
"21.04.2017 09:05:54" autonews.com China's numerous green-car startups to dwindle to 2-3 in 5 years, exec says Of dozens of startup electric car makers in China, only two or three will be around in five years' time, the chief of Nio told Reuters on Thursday. Fewer green-car start-ups expected in China over the next 5 years:
"21.04.2017 09:04:15" europe.autonews.com Continental will announce powertrain revamp within days, report says Continental will announce plans to restructure its powertrain division within days, Reuters reported. The company had said in January it was reviewing the unit after earnings failed to meet expectations. #Continental to announc powertrain revamp:
"21.04.2017 09:02:42" europe.autonews.com Slovakia company readies flying car for delivery by 2020 Slovakia's AeroMobil has unveiled the commercial design for a flying car priced at up to $1.6 million. The company says the car, which can switch to flight mode in less than three minutes, is ready for pre-ordering, with first deliveries expected by 2020. Something to "dream" about while sitting in traffic:
"20.04.2017 14:48:37" Automotive News Europe's cover photo
"20.04.2017 14:47:07" europe.autonews.com Foreign automakers embrace China as EV development hub China's crackdown on vehicle pollution will turn the world's largest auto market into a hub for EV technologies from automakers including Volkswagen and Mercedes, who previously exported from Europe and the U.S., industry executives say.
"20.04.2017 14:46:13" autonews.com China lands Chevy Volt in a Buick wrapper Buick offers far more models in China than it does in the U.S., and analysts predicted a Buick version of the Volt to be offered there before the second-generation model even debuted. #ChevyVolt:
"20.04.2017 14:45:20" autonews.com BMW will install up to 100 charging stations in U.S. national parks BMW has partnered with the U.S. National Park Service to improve electric-vehicle accessibility in national parks by promising to install up to 100 charging stations. #BMW to install 100 charging stations in U.S. national parks:
"20.04.2017 14:44:16" europe.autonews.com Opel says Grandland X 'ready to attack' compact SUV segment Opel/Vauxhall unveiled the Grandland X, the automaker's latest model underpinned by a platform from its new parent, PSA Group. Competition in compact SUV segment: #Opel #GrandlandX:
"20.04.2017 14:43:06" europe.autonews.com BMW expects China sales growth to be around 10% this year BMW Group expects sales in China to grow around 10 percent this year as pricing in the market remains stable. The automaker's sales rose 11 percent to 516,355 vehicles in China last year. #BMW Group expects sales in China to grow:
"20.04.2017 14:42:24" europe.autonews.com BMW results lifted by HERE after Intel buys stake BMW Group reported a 27 percent jump in quarterly pretax profit after an investment by chipmaker Intel drove up the value of its stake in mapping service HERE. #BMW results lifted by #HERE after #Intel buys stake:
"20.04.2017 14:41:02" europe.autonews.com Ferrari, Aston Martin, Maserati sales soar in China as rich snub austerity push Sales of high-end sports cars from automakers including Ferrari, Aston Martin, Maserati and McLaren are soaring in China, four years after China's President Xi Jinping started cracking down on corruption and conspicuous consumption in the world's No. 1 High-end sports car sales soar in China:
"20.04.2017 14:40:12" europe.autonews.com Mercedes hints at new styling with sedan concept Mercedes said its Concept A Sedan hints at another model in its compact-car range and previews a new design language for the brand. #Mercedes hints at new styling:
"20.04.2017 08:32:27" autonews.com Honda says U.S. driver seriously injured by Takata inflator rupture Honda said a driver of a 2002 Accord was seriously injured after a Takata airbag inflator ruptured during a March 3 crash in Las Vegas.
"20.04.2017 08:31:20" autonews.com GM ceases Venezuelan operations after asset seizure General Motors said it is ceasing its Venezuelan operations after its assets in the country were seized by public authorities. #GM ceases Venezuelan operations after asset seizure:
"20.04.2017 08:30:47" autonews.com GM ceases Venezuelan operations after asset seizure General Motors said it is ceasing its Venezuelan operations after its assets in the country were seized by public authorities. #GM ceasing Venezuelan operations after asset seizure:
"20.04.2017 08:29:26" autonews.com Ford taking cautious approach to China EV market Ford is taking a cautious approach to producing electric and plug-in hybrid vehicles for the Chinese market, citing uncertainty about consumer interest and government policy. #Ford is cautious when it comes to China EV market:
"20.04.2017 08:28:26" europe.autonews.com Lynk & CO picks Berlin for European sales launch China's Zhejiang Geely Holding Group will launch Lynk & CO in San Francisco and Berlin in a bid to give the new marque a foothold in the key U.S. and European markets. #Lynk&CO picks Berlin for European sales launch:
"20.04.2017 08:26:56" europe.autonews.com China's premium car market to grow 50% over next decade, Audi CEO says China's premium car market will grow by half over the next decade, Audi CEO Rupert Stadler. The executive said sales will grow to around three million cars per year in this time, driven by broader growth, rising wealth and the 'entrepreneurial #Audi CEO expects huge growth of China's premium car market:
"20.04.2017 08:25:50" europe.autonews.com Porsche considers electric-car expansion Porsche may expand its lineup of electric-powered vehicles as the brand seeks to add power and adapt to Chinese emissions restrictions. Porsche sees the acceleration capabilities of electric motors reinforcing its cachet as a performance brand. #Porsche considers exlectric-car expansion:
"20.04.2017 08:25:05" europe.autonews.com Apple maps update adds EV charging points in UK Apple is expanding the capabilities of its maps app in Europe to help users charge their electric vehicles in the UK, in another bid to keep iPhone users away from rival Google. Apple has added the locations of more than 3000 of Britain's EV charging #Apple maps update adds #EV charging points to #UK:
"20.04.2017 08:24:07" europe.autonews.com Former U.S. deputy attorney general to be named VW monitor, report says The U.S. Justice Department is expected to name a former deputy attorney general under President George W. Bush to serve as independent monitor of Volkswagen as part of a plea agreement over the company's diesel emissions violations, Reuters reported,
"19.04.2017 12:38:05" autonews.com 2018 Lexus NX gets design, performance tweaks to keep pace with rivals Lexus' face-lifted NX compact crossover sports a more aerodynamic look and boasts handling tweaks aimed at delivering sharper performance and a smoother ride. 2018 #LexusNX gets face-lift:
"19.04.2017 12:36:40" autonews.com Toyota to bring Mirai hydrogen fuel cell sedan to China Toyota will begin testing the Mirai hydrogen fuel cell sedan in China in October to assess the market for fuel cell cars and promote the futuristic technology. #Toyota to bring Mirai hydrogen fuel cell sedan to China:
"19.04.2017 12:35:30" europe.autonews.com VW sees I.D. electric crossover as key to boosting EV sales VW's CROZZ concept previews a full-electric crossover that will be the third member of the brand's new family of purpose-built battery-powered vehicles. #VW sees I.D. electric crossover as key to boosting #EV sales:
"19.04.2017 12:34:44" europe.autonews.com Audi electric sedan previews Jaguar I-Pace fighter Audi's e-tron Sportback concept previews a full-electric car that will go on sale in 2019 to compete against rivals such as the Jaguar I-Pace. #Audi electric sedan previews #Jaguar #IPace fighter:
"19.04.2017 12:33:56" europe.autonews.com Volvo confirms China production for first EV Volvo confirmed it will build its first full-electric car in China for global exports.The EV will launch in 2019 and will based on the compact modular architecture that Volvo co-developed with Lynk & CO. #Volvo builds first #EV in China:
"19.04.2017 12:33:18" europe.autonews.com Opel says Grandland X 'ready to attack' compact SUV segment Opel/Vauxhall unveiled the Grandland X, the automaker's latest model underpinned by a platform from its new parent, PSA Group. #GandlandX by #Opel latest model in SUV segment:
"19.04.2017 12:32:25" europe.autonews.com FCA, Ford and Renault gain share as European sales rise 11% European sales rose 11 percent in March as automakers took advantage of a solid economy and more selling days to lure additional buyers. Fiat Chrysler, Ford and Renault were among the automakers that gained market share at the expense of regional leader #FCA, #Ford, #Renault see European sales rise:
"18.04.2017 19:12:56" europe.autonews.com PSA needs deeper cuts, SUVs to halt Chinese sales slide PSA needs more drastic cost cuts and new SUVs to reverse a slump in sales in China, CEO Carlos Tavares said. Competition has intensified in China as rival western brands and their local manufacturing partners slash prices, Tavares said at the Shanghai #PSA might need deeper cuts:
"18.04.2017 19:10:49" autonews.com Honda Accord gets fastback makeover Honda's next-generation Accord sedan and its fastback profile are coming into focus thanks to new spy shots taken in Colorado. Make-over for #HondaAccord:
"18.04.2017 19:10:02" autonews.com More consumers become skeptical about self-driving tech, J.D. Power study finds More consumers are becoming skeptical of self-driving vehicles even as they increasingly want semiautonomous safety technology, a J.D. Power and Associates study found. #JDPower study finds consumers skeptical about self-driving tech:
"18.04.2017 19:08:08" europe.autonews.com VW brand recovery helps boost parent company's Q1 profit Volkswagen reported a 28 percent jump in first-quarter operating profit, helped by earnings growth at its core VW brand which has struggled to recover from the carmaker's emissions scandal. #VW brand recovery helps boost parent company's Q1 profit:
"18.04.2017 12:14:12" europe.autonews.com Chinese automakers SAIC, Geely turn up heat on global rivals Global automakers face fresh threats in China from domestic automakers SAIC and Geely, which are launching new models and marketing strategies to challenge better-known foreign brands.
"18.04.2017 12:13:19" autonews.com VW touts 'huge progress' in plan to roll out 4 affordable EVs Volkswagen has made “huge progress” in reducing production costs of its all-electric vehicles, Christian Senger, head of the VW marque's electric-car project, told reporters in Shanghai. #VW has made "huge progress" to roll out 4 affordable #EVs:
"18.04.2017 12:12:05" europe.autonews.com MG Motor's EV coupe concept goes back to brand's sporty past MG Motor, the UK brand once renowned for sports cars, previewed a sporty coupe that could go into production. #MGMotor previews sporty coupe:
"18.04.2017 09:30:01" europe.autonews.com Citroen unveils rival to Renault Kadjar, Ford Kuga After years of focusing on minivans, Citroen is jumping into the lucrative and growing SUV/crossover segment with the C5 Aircross, which will compete with models such as the Renault Kadjar and Ford Kuga. #Citroen unvails rival to #Renault #Kadjar, #FordKuga:
"18.04.2017 08:43:06" autonews.com Hyundai Mobis: Level 3 self-driving by '22 Hyundai Mobis, the top supplier to the Hyundai-Kia group, unveiled a roadmap to autonomous driving that calls for new technology rollouts in 2019 and 2022. #Hyundai Mobis: Level 3 self-driving by 2022:
"18.04.2017 08:42:08" autonews.com Uber loses another top executive as Marakby departs Sherif Marakby, vice president of global vehicle programs at Uber, left his post at the ride-hailing company after a year on the job. Another out at Uber:
"18.04.2017 08:41:12" europe.autonews.com VW aims to meet tough China green car quotas on its own VW Group aims to meet upcoming tough quotas in China for selling more green cars on its own and will not resort to purchasing credits from competitors. Under draft rules released in September, automakers must generate or buy credits equivalent to 8 #VW works to meet China's green car quotas:
"18.04.2017 08:40:40" europe.autonews.com UK plans scrappage scheme for diesel cars, report says UK Prime Minister Theresa May has asked officials to develop plans for a scrappage scheme for diesel cars as part of proposals to improve air quality, a British newspaper reported. Report states: UK plans scrappage for diesel cars:
"18.04.2017 08:39:49" europe.autonews.com Chinese automakers SAIC, Geely turn up heat on global rivals Global automakers face fresh threats in China from domestic automakers SAIC and Geely, which are launching new models and marketing strategies to challenge better-known foreign brands. Chinese automakers #SAIC and #Geely turn up the competition:
"17.04.2017 09:01:40" autonews.com Magna: The time for carbon fiber is now Automakers have been cautiously converting small numbers of vehicle body parts to lighter-weight carbon fiber. Magna says it is ready to roll with it. #Magna: Ready to roll with carbon fiber:
"17.04.2017 09:00:50" autonews.com Kia tests higher tier in home market Kia Motors Corp. is attempting a new premium line in its South Korean home market with the arrival of its slick Stinger GT. #Kia tests higher tier in home market:
"17.04.2017 08:59:54" autonews.com Nissan OK with rising fleet sales As other automakers shun the daily rental business, Nissan sees an opportunity. 'The dollars we get are relevant, so we're going to continue to be there, even if other companies don't want to,' says Nissan North America Chairman Jose Munoz. #Nissan sees opportunity in daily rental business:
"17.04.2017 08:58:47" autonews.com What to do about cars? Behind the scenes at the New York auto show, industry executives were grappling with questions about cars. How low will their market share go, amid hot crossovers and SUVs? How to reignite the appeal of cars? The future of cars:
"17.04.2017 08:58:13" autonews.com Hyundai speeds car-to-home connectivity Hyundai steps up its connected-car strategy with two new technologies that will debut within two years to connect cars and homes through voice commands. #Hyundai speed car-to-home connectivity:
"17.04.2017 08:57:22" autonews.com Hits, misses from the show that never sleeps A month ago, the word on the street was that 'New York looks light this year.' 'Nothing's happening this year,' the wise guys said. 'Nobody's going.' And of course, they were wrong. #NewYorkCarShow recap:
"17.04.2017 08:55:59" autonews.com How Volvo defied the odds Volvo's recent success can be attributed to smart decisions, a tactfully handled sale by Ford, seductive vehicle design and an advantageous introduction to the world's largest car market, China. #Volvo cruises along as success continues:
"17.04.2017 08:54:29" europe.autonews.com Porsche uses 'soft cell' approach to win sales Porsche is expanding its global dealership network with a showroom format that abandons normal markers of corporate identity for a 'soft cell' approach. The first store has just opened in Germany, with others to follow in China, the U.S. and the Middle #Porsche:
"17.04.2017 08:53:53" autonews.com Despite losing VW power battle, Piech's achievements are indisputable Ferdinand Piech can look back at a lifetime of accomplishments that put Volkswagen Group on the path to becoming the world's largest automaker. An engineer, Piech rose to become VW Group's CEO and later chairman, along the way turning Audi into a rival to #FerdinandPiech's life achievements indisputable, despite losing #VW power battle:
"15.04.2017 17:34:10" autonews.com Toyota FT-4X designed to be 'doable' Toyota's rollout of the cheery but rugged FT-4X concept crossover is more of a trial balloon than an esoteric design project. #Toyota #FT-4X:
"15.04.2017 17:32:59" autonews.com Hyundai exec predicts battery shakeout Hyundai Motor Group's eco-car czar, Lee Ki-sang, expects a technological shakeout between 2020 and 2025 that will make clear whether a post-lithium ion battery breakthrough is on the horizon. #Hyundai exec predicts battery shakeout:
"15.04.2017 17:32:11" autonews.com What does Lucid Air have over Tesla Model S? The Lucid Air drew scant attention at the New York auto show. But Lucid's chief technology officer says the four-door electric vehicle is markedly superior to the cars of his previous company: Tesla. #LucidAir vs. #Tesla:
"15.04.2017 17:30:28" europe.autonews.com Europe's small SUV sales forecast to top 2 million next year Europe's small SUV/crossover segment is forecast to continue its rapid growth as models from latecomers such as Volkswagen, Hyundai and Kia expand the sector above 2 million sales in 2018 and to 2.3 million by 2020. Small SUV sales forecast:
"14.04.2017 17:29:29" autonews.com Apple granted Calif. permit to test autonomous vehicles Apple, in another sign the tech giant is moving forward with plans to develop self-driving vehicle technology, has been granted a permit to test autonomous vehicles in California. @Apple granted Calif. permit to test autonomous vehicles:
"14.04.2017 17:28:21" europe.autonews.com VW says has bought, fixed more than half of polluting 2.0-liter diesels in U.S. VW said the company has bought back or repaired more than half of 475,000 polluting 2.0-liter diesel vehicles under a U.S. government settlement. #VW say it bought, fixed more than half of polluting 2.0-liter diesels in US:
"14.04.2017 17:27:22" europe.autonews.com Volvo enters its ninth decade on a record-breaking high Anders Gustafsson sees Volvo's 90th birthday from the most unique perspective of anyone on the company's executive management team. Gustafsson's family has been selling the brand for the last 45 years through its company, Bildeve, the oldest Volvo Cars #Volvo enters ninth decade on record-breaking high:
"14.04.2017 17:26:40" europe.autonews.com Seafood, safety synonymous with Volvo's first 90 years While Volvo celebrates the 90th anniversary of the arrival of its first model this month, the company's story actually started in August 1924 because of the founders' shared love of crayfish, according to the company archives. #Volvo at 90:
"14.04.2017 17:26:02" europe.autonews.com Marchionne says FCA not in a position to hold merger talks Fiat Chrysler CEO Sergio Marchionne rowed back on his search for a merger, saying the group was not in a position to seek deals and would focus instead on its own business plan. #Marchionne say #FCA not in position to hold merger talks:
"13.04.2017 16:36:04" autonews.com Koenigsegg strikes monster throttle with 1,360-hp Agera RS1 Swedish supercar maker Koenigsegg plans a limited run, including U.S. sales, of the 1,360-hp, V-8 named 'RS1' by the father-son duo who commissioned it.
"13.04.2017 16:35:08" autonews.com Self-driving startup set to roll out first laser sensors Luminar, a Silicon Valley startup, is getting ready to manufacture its laser-based sensor for self-driving cars, a key component that would improve vehicle safety. Startup #Luminar getting ready to make laser-based sensors for self-driving cars:
"13.04.2017 12:06:46" Automotive News Europe's cover photo
"13.04.2017 12:04:12" europe.autonews.com Self-driving 'arms race' complicates supplier alliances The race to develop and exploit autonomous vehicle technology is reshaping the hierarchy of the automotive industry, replacing traditional top-down manufacturing relationships with complex webs of supplier alliances and acquisitions. Self-driving race challenges supplier alliances:
"13.04.2017 12:03:15" europe.autonews.com German automakers discuss publishing real-world fuel economy data Germany's automakers are discussing whether to follow the lead of French rival PSA and publish a more realistic guide of cars' fuel consumption to boost consumer confidence. Real-world fuel economy data could be published:
"13.04.2017 12:02:23" europe.autonews.com Citroen expands crossover offensive with C5 Aircross Citroen aims to capture more sales in the booming SUV/crossover segment in Europe and China with the C5 Aircross, which will go on sale in China in the second half and in Europe at the end of next year. #C5Aircross expands #Citroen crossover offensive:
"13.04.2017 12:01:45" europe.autonews.com Citroen expands crossover offensive with C5 Aircross Citroen aims to capture more sales in the booming SUV/crossover segment in Europe and China with the C5 Aircross, which will go on sale in China in the second half and in Europe at the end of next year. #C5Aircross by #Citroen kicks off crossover offensive:
"13.04.2017 12:00:56" europe.autonews.com Volvo will build first EV in China for export, sources say Volvo will build its first full-electric car in China, sources told Automotive News Europe. The battery-powered vehicle will debut in 2019 and will be exported globally from Volvo's factory in southeast China. #Volvo to build first #EV in China for export:
"12.04.2017 16:21:16" autonews.com Gestamp predicts big gains as automakers outsource more stamping Gestamp is on a global expansion push that includes catering to automakers outsourcing more metal stamping work as they invest heavily in new technology such as connectivity and autonomous driving. Company CEO, Francisco Riberas, discussed this and other Gestamp CEO Francisco Riberas (below) expects the company to maintain its rapid growth as automakers outsource more metal stamping work to suppliers.
"12.04.2017 16:19:42" europe.autonews.com Borgward pushes German DNA, avoids mentioning Chinese backer Borgward, which has been revived by a state-owned Chinese truck maker, has a winning formula: touting its German heritage while saying as little as possible about its Chinese backers. At the Shanghai auto show, later this month, Borgward will showcase the electric version of its BX7 SUV (below) that's slated to be available later this year alongside the BX5 compact SUV that went on sale last month. Borgward traces its roots to 1924,
"12.04.2017 16:17:39" europe.autonews.com VW's Seat reports highest quarterly sales since 2001 Volkswagen Group's Spanish division, Seat, reported its highest first-quarter sales since 2001 on double-digit growth in Spain, Germany and Britain. Demand at Seat has been helped by an update of the Leon compact released in January and may benefit further from a redesigned Ibiza model (shown below), which went on sale this month as well as from new SUVs, the carmaker said.
"12.04.2017 16:15:11" europe.autonews.com VW offers 6-year warranties to win back U.S. customers with new SUVs Volkswagen Group is trying to win back U.S. customers after its diesel-emission scandal with six-year warranties on its new Atlas and Tiguan SUVs. The move comes as VW brand strives to move beyond diesel-emissions violations and as it alters its U.S. product lineup to bolster its crossover and electrified offerings. VW brand's year-on-year U.S. light-vehicle sales have advanced five consecutive
"12.04.2017 16:12:53" europe.autonews.com Mercedes packs S class with most advanced autonomous tech The S class ushers in a new iteration of the Mercedes Intelligent Drive suite of semiautonomous driving technologies. The automaker says it takes a major step toward autonomous driving. The new Mercedes S class will receive enhanced radar and camera systems to improve assistance even more. For the first time, map and navigation data are used to calculate driving behavior, and vehicle speed can be automatically adjusted in bends and at
"12.04.2017 16:05:46" europe.autonews.com Ford ends Focus EV production in Europe Ford has ended European production of the full-electric version of its Focus as it shifts its strategy for low emission vehicles to hybrid delivery vans. Ford sold just 61 Focus Electric models in Europe last year, down from 70 in 2015.
"12.04.2017 16:04:25" europe.autonews.com Daimler first-quarter profit surges on Mercedes sales Daimler's first-quarter profit almost doubled on rising demand for Mercedes cars including the new E-class sedan as well as one-time gains, helping the company off to a strong start in the year after reclaiming the luxury-car crown from BMW in 2016. Daimler's earnings before interest and taxes climbed to 4 billion euros ($4.24 billion) from 2.15 billion euros a year earlier, the company said, citing preliminary figures. The earnings included a total of 690 million euros of special items, such as a
"12.04.2017 16:00:18" europe.autonews.com VW will unveil first electric crossover in Tesla challenge VW released teaser images of a full-electric crossover concept that its core brand will present at the Shanghai auto show next week. The model will challenge Tesla's Model X as VW gears up to roll out a new zero-emission lineup. Like the hatchback and van concepts VW has shown in recent months, this third vehicle of the planned I.D. electric-car line offers a battery-powered range comparable to models with combustion engines and can drive autonomously.
"11.04.2017 16:58:28" autonews.com S class to have Mercedes' most advanced autonomous tech again The 2018 S-class sedan arriving on the market this fall ushers in a new iteration of the Mercedes-Benz Intelligent Drive suite of semiautonomous driving technologies. The automaker says it takes a major step toward autonomous driving. #SClass to have #Mercedes' most advanced autonomous tech:
"11.04.2017 16:55:15" europe.autonews.com VW's Seat reports highest quarterly sales since 2001 Volkswagen Group's Spanish division, Seat, reported its highest first-quarter sales since 2001 on double-digit growth in Spain, Germany and Britain. #VW's #SEAT reports highest quarterly sales since 2001:
"11.04.2017 11:42:37" europe.autonews.com Global automakers finally jump into China's fast-growing EV market This year's Shanghai auto show will include a variety of electric cars, plug-in hybrids and crossovers of all sizes. #ShanghaiAutoShow preview:
"11.04.2017 11:41:59" europe.autonews.com Porsche, Bentley synergies can help VW Group As the costs of its diesel scandal continue to rise, Volkswagen Group will be helped by increased synergies between its Porsche and Bentley marques. #VW Group helped by #Porsche, #Bentley synergies:
"11.04.2017 11:41:21" europe.autonews.com Mercedes makes E-class coupe more practical Mercedes is repositioning its E-class coupe to offer more room and more functionality, promoting the sporty two-door model as the only offering in its niche that comes with four full-size seats. Other practical features include a foldable rear seat bench A more practical #Mercedes #EClass coupe:
"11.04.2017 11:40:03" europe.autonews.com Audi outlines production plans for Q8, Q4 SUVs Audi outlined production plans for its upcoming Q8 and Q4 as the Volkswagen Group premium brand accelerates its push into the booming SUV/crossovers market. #Audi outlines productions plans for SUV/crossover market:
"11.04.2017 08:55:27" europe.autonews.com Deutsche Post to sell electric vans to third parties Deutsche Post said it will double the production capacity of its in-house Streetscooter electric delivery vans to 20,000 by the end of the year, as it prepares to sell them to third-party customers. German mail delivery becoming greener:
"11.04.2017 08:54:39" europe.autonews.com UK provides millions to help build more electric vehicle batteries Britain awarded 110 million pounds ($136 million) to help boost manufacturing of electric vehicle batteries, including a project to build the country's second purpose-built electric battery plant and another to make the technology more powerful. #UK gives millions to boost building electric vehicle batteries:
"11.04.2017 08:02:57" autonews.com VW T-Roc spied, heralds styling of smaller crossovers Spy photographers have caught a 2019 Volkswagen T-Roc in the buff as it was being loaded onto a truck, showing the styling direction VW will take for its smaller crossovers. #VW T-Roc spied - take a look:
"11.04.2017 08:01:49" autonews.com BMW, Ford, JLR receive UK funding for autonomous, low-carbon vehicles BMW, Ford and Jaguar Land Rover are among the recipients of 110 million pounds ($136 million) from the UK government for the development of low-carbon vehicles and driverless cars. #BMW, #Ford, #JLR get UK funding for low-carbon, autonomous vehicles:
"10.04.2017 16:44:39" europe.autonews.com Lada, Kia and Renault see big gains as Russia sales rise nearly 10% New-car sales in Russia rose 9.4 percent last month as the market's rebound begins to gather pace. Lada, Kia, Hyundai and Renault had big gains #Lada, #Kia and #Renault see big gains as Russia sales rise:
"10.04.2017 12:31:48" europe.autonews.com VW diesels pile up in U.S. awaiting fix or scrap yard Volkswagen Group is making progress settling U.S. legal claims from its emission-cheating scandal, but one challenge looms unresolved: What to do with the hundreds of thousands of diesel cars it is being forced to buy back. #VW diesels pile up in U.S. - fix or scrap them?
"10.04.2017 12:31:03" europe.autonews.com Grammer's efforts to rebuff Hastor suffer injunction setback Efforts by the supplier Grammer to dilute the influence of Bosnian activist investor Hastor were dealt a blow after the group blocked China's Ningbo Jifeng from gaining a 9.2 percent voting stake in the German company. Setback for #Grammer:
"10.04.2017 12:30:21" europe.autonews.com Volvo concerned about possible U.S. import tax Volvo says it would suffer if the U.S. enacts taxes on imported goods, even as the company prepares to hire up to 4,000 workers for a new plant in South Carolina that will build the S60 sedan. #Volvo concerned about possible U.S. import tax:
"10.04.2017 07:49:37" europe.autonews.com UK car industry defends diesel as gov't readies pollution plan The UK's automotive industry body defended diesel cars as the government prepares to announce proposals for improving air quality which could follow plans proposed by London's mayor in making it more expensive to use the most polluting vehicles. #UK car industry defends diesel as government readies pollution plan:
"09.04.2017 11:36:09" europe.autonews.com Porsche-Piech clan to stay out of VW management Members of the Porsche-Piech clan that controls Volkswagen Group will no longer be eligible to serve as executives of the automaker, Porsche Automobil Holding SE Chairman Wolfgang Porsche told a German newspaper. #Porsche, #Piech:
"09.04.2017 11:35:32" europe.autonews.com PSA's upscale brand DS first to get self-driving tech PSA has offered details of its timetable for introducing autonomous driving, starting early next year with features including self-parking available on the new DS 7 Crossback. #SelfDriving tech: #PSA's upscale DS brand is first:
"09.04.2017 11:34:49" europe.autonews.com Austrian EV company electrifies Le Mans Porsche Three Austrian brothers have reworked a Porsche racing-car model that was driven by actor Steve McQueen in the film Le Mans to run on electricity. Working out of a garage, the Kreisel brothers are making battery packs and drivetrains for a new generation
"08.04.2017 14:28:22" europe.autonews.com Volkswagen's U.S. broadcast ads offer no apologies Volkswagen's post-scandal advertising strategy emphasized technology, safety and performance. Did it work?
"07.04.2017 18:35:49" europe.autonews.com Spanish supplier Gestamp slips on market debut Shares in Spanish supplier Gestamp fell on Friday in one of Europe's biggest stock market flotations of the year. #Gestamp slips on market debut:
"07.04.2017 18:34:20" autonews.com Tavares' tall task: brand management The buzz at last month's Geneva auto show was what would PSA CEO Carlos Tavares do to streamline his enlarged stable of brands, given that Citroen, Peugeot and new addition Opel/Vauxhall all compete in Europe's saturated volume car market. Latest Blog: #Tavares' tall task:
"07.04.2017 18:33:35" europe.autonews.com Mitsubishi COO Mann looks to reduce reliance on SUVs in Europe Trevor Mann, the new COO of Mitsubishi, has been tasked with integrating the Japanese automaker into the Renault-Nissan alliance and addressing Mitsubishi's heavy reliance on SUVs in Europe. Mann outlined his plans to overcoming these challenges with #Mitsubishi COO Trevor Mann looks to reduce reliance on SUVs in Europe:
"07.04.2017 18:32:40" europe.autonews.com Renault welcomes EV competition; sees 'tipping point' with longer range newcomers Renault says mainstream acceptance of EVs is reaching a tipping point and it welcomes increasing competition as European rivals such as Volkswagen and Opel push harder into the market. #Renault welcoes #EV competition:
"07.04.2017 18:31:56" europe.autonews.com Former Saab CEO Muller, other execs cleared of tax, fraud charges A Swedish court acquitted former top managers at Saab of tax evasion and fraud charges relating to their failed attempts to save the famed Swedish brand, which went bust in 2011. Acquittal for former top managers at #Saab:
"07.04.2017 18:30:31" europe.autonews.com VW Group power balance changes as Ferdinand Piech's stake sale enhances his brother's role Former Volkswagen Group Chairman Ferdinand Piech sold the bulk of his 14.7 percent stake in the company that controls VW to his younger brother, Hans Michel Piech, a German newspaper reported. The enlarged stake will raise Hans Michel Piech's power at VW
"07.04.2017 18:30:04" europe.autonews.com Audi, BMW, Jaguar give midsize premium segment a lift Europe's midsize premium segment grew at a near double-digit pace in the first half on new models from Audi, Jaguar and BMW. The sector is likely to remain hot for years to come, according to a top analyst. Midsize premium segment gets a lift:
"07.04.2017 09:44:11" europe.autonews.com VW Group power balance changes as Ferdinand Piech's stake sale enhances his brother's role Former Volkswagen Group Chairman Ferdinand Piech sold the bulk of his 14.7 percent stake in the company that controls VW to his younger brother, Hans Michel Piech, a German newspaper reported. The enlarged stake will raise Hans Michel Piech's power at VW Ferdinand Piech sold a major part of his 14.7 percent stake in Porsche SE, which owns 52.2 percent of voting shares in VW Group, to his brother, Hans Michel Piecher, the Frankfurter Allgemeine Zeitung reported on Thursday, quoting Hans Michel Piech. The
"07.04.2017 09:16:33" autonews.com Tavares' tall task: brand management The buzz at last month's Geneva auto show was what would PSA CEO Carlos Tavares do to streamline his enlarged stable of brands, given that Citroen, Peugeot and new addition Opel/Vauxhall all compete in Europe's saturated volume car market. Fortunately for Opel and DS, PSA CEO Carlos Tavares has a knack for fixing this problem, having already done so at Citroen and Peugeot, as well as his previous employer, Renault.
"07.04.2017 09:15:14" europe.autonews.com Renault welcomes EV competition; sees 'tipping point' with longer range newcomers Renault says mainstream acceptance of EVs is reaching a tipping point and it welcomes increasing competition as European rivals such as Volkswagen and Opel push harder into the market. Gilles Normand, Renault's head of EVs, said the automaker's overall EV sales figures were "moderate" but added that what is important is that overall investment in electric vehicle technology and infrastructure continues to be robust.
"06.04.2017 14:32:26" autonews.com After record high, UK's 'treasure island' status is set to end After March new-car registrations hit an all-time high in the UK, analysts predict an end to the market's long run as a 'treasure island' for profits. Latest blog:
"06.04.2017 14:31:12" autonews.com Automotive News Europe Congress Attend Europe Congress for world-class speakers, cutting-edge content and new connections. June 20-21 in Barcelona:
"06.04.2017 14:29:02" europe.autonews.com Renault concept previews F1 car of the future Renault says its R.S. 2027 Vision concept explores how a future Formula One car might look. #Renault; #F1: preview of the future:
"06.04.2017 13:43:01" europe.autonews.com Opel confirms new SUVs will be built in Germany Two Opel plants in Germany have been promised new SUVs, securing their midterm future following PSA's acquisition of the automaker from General Motors. New #Opel SUV to be built in Germany:
"06.04.2017 12:28:49" europe.autonews.com PSA's U.S. return will be led by former Nissan exec Dominique PSA is taking its first significant step to re-enter the U.S. market by naming former Nissan executive Larry Dominique to lead the project. Dominique's mission is to establish PSA as a U.S. mobility company, providing consumers with ride-hailing and New #PSA hire in US:
"06.04.2017 11:55:01" europe.autonews.com Sweden's SKF stands by Q1 demand forecast Sweden's SKF, the world's largest maker of industrial bearings, said it was not changing its demand forecast for the first quarter, despite some investor expectations of an update with the quarter now gone.
"06.04.2017 11:53:39" europe.autonews.com BMW exec outlines challenges for company's first fully autonomous car BMW aims to launch a self-driving car by 2021, but there are still many obstacles on the way to achieving Level 4 and Level 5 automation, which require little to no human intervention. BMW brand sales chief Ian Robertson shared some insights on the topic #BMW talks about challenges for company's first fully autonomous car:
"06.04.2017 11:52:39" europe.autonews.com Ford starts hiring to build EcoSport in Romania for Europe Ford said it will recruit nearly 1,000 people as it prepares to build its EcoSport subcompact SUV in Romania for European markets, ending imports from India. #Ford looking to hire; #EcoSport to be built in Romania for Europe:
"06.04.2017 11:51:23" europe.autonews.com PSA, Fiat and Nissan among brands skipping IAA this year One of the world's biggest auto shows in Frankfurt, Germany, will be missing at least nine brands this year including Peugeot, Fiat, Alfa Romeo and Nissan as the trend for automakers to shift their marketing spending into new areas such as the Web and Big brands skipping #IAA later this year:
"06.04.2017 09:25:40" autonews.com Audi plans summer unveil for high-tech A8 Audi will unveil its new A8 flagship in the summer ahead of its sales launch later this year. The sedan will have advanced autonomous driving technology and will mark the start of a new styling direction for the brand. #Audi plans summr unveil for high-tech A8:
"06.04.2017 08:48:45" europe.autonews.com Germany's Freudenberg eyes Vibracoustic IPO decision by year end German supplier Freudenberg may revive plans to float its automotive vibration control technology unit Vibracoustic on the stock exchange and says it will make a decision by the end of the year. German supplier #Freudenberg eyes #Vibracoustic IPO decision by year end:
"06.04.2017 08:15:47" europe.autonews.com BlaBlaCar unveils Opel leasing deal in boost for ride-sharing BlablaCar, Europe's biggest ride-sharing startup, will offer its drivers cheaper leases for Opel cars as it seeks to bolster its business and establish a new approach to car ownership based on shared usage. #Opel; #BlaBlaCar - leasing deal:
"06.04.2017 07:11:58" Automotive News Europe's cover photo
"05.04.2017 18:55:18" autonews.com 6 automakers pull ads from 'O'Reilly Factor' over new harassment claims Mercedes-Benz pulled its ads from Fox News' 'The O'Reilly Factor' after new reporting emerged over the weekend about sexual harassment allegations involving host Bill O'Reilly. Six automaters now pull ads from O'Reilly Factor show:
"05.04.2017 18:54:10" europe.autonews.com Audi and Porsche will join forces on vehicle development Volkswagen Group's Audi and Porsche brands will join forces on vehicle development. The focus will be on developing shared vehicle platforms, modules and components. The pact follows a period of intense in-house competition between the two brands. #Audi and #Porsche are joining forces:
"05.04.2017 15:02:41" autonews.com Volvo CEO keeps his hiring promise Volvo CEO Hakan Samuelsson promised to make the automaker “younger, more diverse and more international.” He achieved all three with his latest hiring. Latest Blog: #Volvo:
"05.04.2017 14:59:30" autonews.com U.S. auto industry faces 2004-style 'Triple Threat,' says Deutsche Bank This week's report about a stagnation in U.S. vehicle sales may be a sign that the auto industry is about to head back down the mountain at a rapid pace after a peak last year, says Deutsche Bank. Deutsche Bank says, U.S. auto industry faces 2004-style triple threat:
"05.04.2017 14:58:21" europe.autonews.com BMW strikes will disrupt Mini, engine production British workers at BMW plan strikes to oppose moves by the automaker to alter their pension plans. The strikes would affect the Mini plant in Oxford, an engine factory and a pressings plant.
"05.04.2017 14:58:05" europe.autonews.com Germany will support PSA-Opel tie-up after gaining work assurances, ministers says Germany's economy minister, Brigitte Zypries, said she had held constructive talks with PSA CEO Carlos Tavares about the French automaker's plan to buy Opel from GM and felt reassured that existing labor deals would remain.
"05.04.2017 09:54:35" europe.autonews.com Audi revs up TT with RS variant Audi is bringing a high-performance variant of the TT coupe to the New York auto show.
"05.04.2017 09:22:50" autonews.com Will quality ghosts of British Leyland haunt Tesla? Tesla's plan to skimp on testing the Model 3 in real-world driving is fraught with danger. British Leyland, once the General Motors of the UK, offers a case history. Blog: #Tesla:
"05.04.2017 09:21:53" autonews.com Piech's problem: his 'small-minded' family Ferdinand Piech's decision to sell his stake in his family's holding company that owns a majority stake in VW Group ends a lifetime spent in almost constant conflict with relatives he saw little use for. Latest Blog: #Piech & #VWGroup:
"05.04.2017 09:20:04" europe.autonews.com German sales rise 11% in March as diesel share declines New-car sales in Germany increased by 11 percent in March, helped by two extra selling days. Diesel models' share of registrations fell to 40.6 percent, as municipalities in Germany discuss tighter regulation to help tackle pollution. Germany's new-car sales up 11% in March:
"05.04.2017 09:19:08" europe.autonews.com UK car sales rise 8% in March, report says UK new-car sales rose by 8 percent in March, according to preliminary industry data, Reuters reported. New-car sales in UK rise in March, according to report:
"05.04.2017 09:18:31" europe.autonews.com Spanish market returns to growth Spanish new-car sales rose 13 percent in March, restarting a positive trend after a flat February. Analysts and industry groups are predicting that the market will outpace European sales growth this year with registrations rising between 6 and 9 percent. Spanish new-car sales up in March:
"05.04.2017 09:17:47" autonews.com White House seeks to slash EPA funds for emissions testing The Trump administration would nearly eliminate federal funding for the EPA's budget for light-vehicle emissions and fuel-economy testing but will seek to raise fees on the auto industry to pay for some tests. Automakers are concerned the proposed cuts White House wants to slash #EPA funds for emissions testing:
"05.04.2017 09:15:31" europe.autonews.com Ford exec expects consumers to get fully autonomous cars by 2026-2031 Ford's head of research believes the general public won't be able to buy a fully autonomous vehicle until sometime between 2026 and 2031, a more conservative timeline than what has previously been suggested by other leading industry executives. #Ford exec expects cosumers to gt fully autonomous cars by 2026-2031:
"04.04.2017 18:08:11" europe.autonews.com German judge condemns lack of transparency at Audi diesel scandal hearing A German judge has condemned the lack of transparency over Volkswagen Group's emissions scandal.
"04.04.2017 18:07:32" autonews.com Volvo recruits former BMW, GM exec to lead procurement Volvo has lured former BMW and General Motors purchasing executive Martina Buchhauser to take a newly created board level procurement post at the fast-expanding automaker. #Volvo hires former #BMW, #GM exec:
"04.04.2017 18:06:03" autonews.com Mercedes, Hyundai, BMW pull ads from 'O'Reilly Factor' over new harassment claims Mercedes-Benz pulled its ads from Fox News' 'The O'Reilly Factor' after new reporting emerged over the weekend about sexual harassment allegations involving host Bill O'Reilly. #Mercedes, #Hyundai, #BMW pull ads from O'Reilly Factor show:
"04.04.2017 18:04:32" tvnova.mk Болдог: Македонија нуди добри услови за инвестиции од автомобилскиот сектор Македонија се промовира во силен играч на пазарот на добавувачите за светската автомобилска индустрија, смета главниот уредник на новинската агенција „Аутомотив Њуз Јуроп“, Даг Болдаг. Во ексклузивното интервју за ТВ Нова, уредникот на оваа агенција што ANE's Doug Bolduc shares impressions on Macedonia's fast-growing auto market with TV-Nova:
"04.04.2017 18:02:18" europe.autonews.com EU lawmakers back tougher car approval rules European lawmakers endorsed tougher draft regulations for the approval of new cars sold in the EU. The rules are aimed at tackling conflicts of interest between national regulators and their domestic manufacturers to avoid a repeat of the VW Group #EU lawmakers back tougher car approval rules:
"04.04.2017 18:01:40" europe.autonews.com Ex-Google autonomous-car engineer made more than $120 million A former Google engineer at the center of a fight over self-driving car technology made more than $120 million, highlighting the intense competition for talent in the nascent sector.
"04.04.2017 18:01:11" europe.autonews.com Porsche family postpones generation change as Piech keeps board seat The Porsche and Piech families who control Volkswagen Group have temporarily shelved plans for a slow transfer of power to the fourth generation, but not scrapped them. #Porsche family postpones generation change as #Piech keeps board seat:
"04.04.2017 18:00:11" europe.autonews.com London to bring forward new levy on most polluting vehicles London Mayor Sadiq Khan plans to charge the most polluting cars and vans a daily fee of 12.50 pounds ($16) to enter the city center from 2019, bringing the levvy forward from September 2020 as previously planned by his predecessor. London plans new tax on most polluting vehicles:
"04.04.2017 11:29:31" europe.autonews.com Italian market continued to rebound in March New-car registrations in Italy rose by 18 percent last month, partly due to one more working day than the year before. The increase is the 34th year-on-year monthly rise in sales and the best result for the month since 2010. Italian market continues rebound in March:
"04.04.2017 11:28:32" autonews.com Mercedes-Benz, Hyundai pull ads from 'O'Reilly Factor' over new harassment claims Mercedes-Benz pulled its ads from Fox News' 'The O'Reilly Factor' after new reporting emerged over the weekend about sexual harassment allegations involving host Bill O'Reilly. #MercedesBenz & #Hyundai pull ads from Fox News show over new harassment claims:
"04.04.2017 11:26:24" europe.autonews.com Hyundai confirms small SUV for Europe Hyundai confirmed it will join Europe's booming subcompact SUV segment with a new model called the Kona. The SUV will compete with models such as the Renault Captur and Nissan Juke. #Hyundai confirms small SUV for Europe:
"04.04.2017 11:25:44" europe.autonews.com Bosch, Daimler partner on self-driving taxi service Mercedes-Benz parent Daimler and Bosch are partnering to develop a system that will enable a self-driving taxi service by the start of the next decade. Partnership for self-driving taxi service: #Bosch & #Daimler:
"04.04.2017 09:20:36" autonews.com Tavares has the tools to make PSA-Opel a success PSA's pending acquisition of Opel/Vauxhall has all the makings of a prime-time TV drama. So far, however, it appears that PSA CEO Carlos Tavares has most of the tools in place for success. Latest Blog on #PSA, #Opel:
"04.04.2017 09:19:38" europe.autonews.com BMW's first win over Mercedes in 2017 narrows U.S. luxury race BMW topped its rival in the U.S. luxury auto market for the first time this year, eeking out a monthly sales gain and gaining ground on Mercedes-Benz.
"04.04.2017 09:19:02" europe.autonews.com German sales rose 11% in March Sales of new passenger cars in Germany jumped about 11 percent in March, helped by two extra selling days, an industry source said. German sales up 11% in March:
"04.04.2017 09:18:38" europe.autonews.com German sales rose 11% in March Sales of new passenger cars in Germany jumped about 11 percent in March, helped by two extra selling days, an industry source said. German sale up 11% in March:
"04.04.2017 09:16:24" europe.autonews.com Piech, architect of modern VW, cuts ties with share sale Former VW Chairman Ferdinand Piech has agreed to sell a major part of his stake in the holding company that controls Volkswagen Group. Times are changing:
"04.04.2017 09:15:23" europe.autonews.com Europe's diesel decline will accelerate in VW cheating fallout Diesel engines are set to lose their dominance in Europe following VW Group's emissions cheating scandal, with demand for the technology likely to plunge to about 30 percent of the region's total auto sales by 2020 from about half currently, analysts #VW cheatig fallout might accelerat Europe's diesel decline:
"03.04.2017 07:24:48" europe.autonews.com Check out the ANE monthly magazine for April The latest issue of the Automotive News Europe monthly magazine is ready to view. The new edition looks at the next steps PSA will need to take to make its purchase of Opel and Vauxhall a success. #ANE's April magazine is out:
"03.04.2017 07:23:15" autonews.com Tesla sets record for sales, output in Q1 Tesla set a record for deliveries and production in the first quarter, beating analysts' estimates as the company prepares to begin building the Model 3 in July. #Tesla sets record for sales:
"02.04.2017 18:22:57" europe.autonews.com How Opel avoided a Saab-like demise and what its future might hold Under GM's ownership, Opel avoided the fate of former sibling Saab, which vanished after the brand was starved of product. But the tie-up with PSA will now offer it the opportunity to develop a full lineup tailored to market requirements, rather than
"02.04.2017 18:22:34" europe.autonews.com To fix Opel, Tavares wants to avoid simple solutions Closing plants and laying off workers would be the quickest and easiest way to fix Opel's problems, but PSA Group CEO Carlos Tavares wants to avoid that. Fixing #Opel:
"02.04.2017 18:21:57" autonews.com Volvo dealers get crash course on conquests Volvo's head of Europe says that his dealers have had to get used to something new: knowing how to cash in on conquest sales.
"02.04.2017 18:21:24" europe.autonews.com Porsche family ready to bring in younger generation Ferdinand Piech's seat on the board of VW Group's majority shareholder could be taken by his nephew, Josef Ahorner. The move would be a step toward the Porsche-Piech's clan younger generation moving into key roles. #Porsche family ready to bring in younger generation:
"02.04.2017 18:20:51" europe.autonews.com Porsche family ready to bring in younger generation Ferdinand Piech's seat on the board of VW Group's majority shareholder could be taken by his nephew, Josef Ahorner. The move would be a step toward the Porsche-Piech's clan younger generation moving into key roles. #Porsche family ready to bring in younger generations:
"02.04.2017 18:19:59" europe.autonews.com PSA's purchase of Opel has the power to shake up the European auto industry Now that the dust has settled on the industry's deal of the year, the hard work will start for those trying to make PSA's purchase of Opel a success. They will need to examine reducing workforces and plants, and also address the overlap between the #PAS's purchase of #Opel can shake up European car industry:
"31.03.2017 18:23:30" europe.autonews.com German transport ministry says it has found new 'defeat device' in Fiat car Germany's transport ministry said it has found a new 'defeat device' in a Fiat car during emissions tests, escalating a dispute with the automaker. Defeat device found in Fiat car, claims German transport ministry:
"31.03.2017 12:17:09" europe.autonews.com Chery to open second China EV plant in May, report says Chery will launch production at its second electric vehicle assembly plant in China in May to significantly expand its EV output, according to a local media report. The factory's first two models will be Chery's eQ and eQ1 minicars. #Chevy plans to open second China #EV plant in May; according to reports:
"31.03.2017 12:16:21" europe.autonews.com Borg Warner sees hybrid, electric car parts growth despite U.S. uncertainty U.S. supplier Borg Warner said it expects to see sales grow for its global hybrid and electric vehicle parts, even as a U.S. review of fuel economy standards threatens to slow emissions improvements in the market. #BorgWarner sees hybrid, electric car parts growth despite US uncertainty:
"31.03.2017 12:14:32" autonews.com How China dealer association resolved Audi's dealer crisis Audi's dispute with some of its China dealers, that threatened to blow up into all-out war, finally came to an end this month. Suprisingly, it was the China Automobile Dealers Association who brokered a deal, an organization often seen as acting more like Latest Blog: #Audi; #China; #dealers:
"31.03.2017 12:13:23" europe.autonews.com Aston Martin plans debt refinancing as it revamps product range Aston Martin is testing whether investors think its financial prospects are as polished as its brand. The automaker needs to refinance almost $600 million in debt as it revamps its product range. #AstonMartin plans debt refinancing as it revamps product range:
"31.03.2017 12:12:23" europe.autonews.com Renault counts on SUVs to maintain sales growth Renault is counting on SUVs to maintain sales momentum in Europe, Thierry Koskas, the group's sales and marketing boss, said. Last year, Renault became Europe's No. 2 brand by sales. The playing field has shifted with the announcement that PSA is #Renault looks to #SUVs to maintain sales growth:
"31.03.2017 12:11:42" europe.autonews.com VW may take time to change culture after diesel scandal, exec says Creating a new era of accountability at Volkswagen Group after the automaker's emissions scandal may take time because it requires radical changes, said the company's human resources chief, Karlheinz Blessing. #VW may take time to change culture after diesel scandal, says exec:
"31.03.2017 07:03:06" europe.autonews.com ANE's April issue goes live Monday The latest issue of the Automotive News Europe monthly magazine goes live on Monday, April 3. The new edition looks at the next steps PSA will need to take to make its purchase of Opel and Vauxhall a success. #ANE April issue goes live Monday:
"30.03.2017 17:29:30" Automotive News Europe's cover photo
"30.03.2017 17:28:19" europe.autonews.com German supplier Bruss put up for sale, report says German supplier Bruss Sealing Systems has been put up for sale by its family owners in a potential 600 million-euro ($645 million) deal, a report said.
"30.03.2017 17:27:57" europe.autonews.com VW recruits Daimler exec as chief compliance officer VW Group has named Daimler executive Kurt Michels as its chief compliance officer. Michels previously worked in the same position at Daimler's trucks, vans and buses division.
"30.03.2017 17:26:20" europe.autonews.com Audi plans to buy car rental app in Silicon Valley challenge Audi plans to buy a U.S. startup that rents out A4 cars in a bid to boost digital revenue as the industry shifts away from outright car ownership.
"30.03.2017 17:25:59" europe.autonews.com VW, Ford and others helped in Russia by ruble's rise Foreign carmakers in Russia including VW, Ford and Nissan are benefiting from a stronger, more stable ruble, which is reducing their costs and supporting earnings. Russia's car market is forecast to grow by 4 percent in 2017 after four years of losses.
"30.03.2017 17:25:35" europe.autonews.com VW settles 10 U.S. state diesel claims for $157 million Volkswagen has agreed to pay $157.45 million to settle environmental claims from 10 U.S. states over its excess diesel emissions, as the automaker looks to move past the scandal.
"30.03.2017 17:25:10" europe.autonews.com Hyundai seeks to renew fuel cell push with long-range SUV Hyundai, the first automaker to mass-produce fuel cell vehicles, plans to unveil a new hydrogen-powered SUV next year with longer driving range than rival offerings by Toyota and Honda as it attempts to reclaim leadership in the field.
"30.03.2017 17:24:31" europe.autonews.com ZF CEO sees further megamergers in auto supply industry The complexity of self-driving cars is forcing high-tech software and semiconductor companies to team up with auto suppliers and manufacturers, a dynamic that is likely to spur more takeovers and acquisitions going forward, ZF CEO Stefan Sommer said.
"30.03.2017 17:24:07" europe.autonews.com ZF acquires stake in German radar sensing tech firm ZF has acquired a 45 percent stake in Astyx Communication & Sensors, which develops and produces ultra-high-frequency radar sensors and modules. ZF regards the acquisition as a significant step in its move into advanced autonomous technologies.
"30.03.2017 17:23:42" europe.autonews.com ZF 2016 profits rise, debt falls on TRW acquisition ZF expects an operating margin of more than 6 percent and sales of 36 billion euros ($38.65 billion) this year as it absorbs the acquisition of TRW. Last year, sales rose 21 percent to 35 billion euros, corresponding to a 6.4 percent margin.
"30.03.2017 09:29:26" europe.autonews.com Skoda previews self-driving, EV tech with Vision E concept Skoda will present self-driving and electric drivetrain technologies with the Vision E crossover concept that the brand will debut at the Shanghai auto show next month. The concept previews a production model due in 2020. #Skoda previews self-driving, #EV tech with #VisionE concept:
"30.03.2017 09:27:47" europe.autonews.com Hyundai is working on dedicated EV platform Hyundai is developing its first dedicated architecture for electric cars, a top executive said. The platform will allow Hyundai and sister brand Kia to sell EVs that will would be 'more competitive' than rival offerings, said Lee Ki-sang, a senior vice #Hyundai working on dedicated #EV platform:
"30.03.2017 08:30:35" europe.autonews.com Audi's unions demand electric model for main German plant Audi labor leaders have asked top management to assign production of an all-electric model to the carmaker's main Ingolstadt plant in Germany, concerned they might lose out as EVs gain in popularity. Audi will launch its first mass-produced electric car, #Audi's unions want electric model for main German plant:
"30.03.2017 06:42:35" europe.autonews.com Toyota recalls 2.9 million vehicles over Takata airbags Toyota is recalling 2.9 million vehicles in Japan, China, Europe and other regions due to potentially faulty airbags made by Takata. North America, Toyota's biggest market, is not part of the recall. #Toyota recalls 2.9 million vehicles over #Takata airbags:
"29.03.2017 18:25:38" europe.autonews.com Paris and London plan scoring system to monitor emissions The mayors of Paris and London announced a scoring system for monitoring emissions from vehicles to help improve air quality in the two capitals.
"29.03.2017 18:24:51" europe.autonews.com VW files legal complaint over searches at law firm handling diesel scandal Volkswagen Group has filed a legal complaint with a Munich court against searches carried out by German prosecutors against the law firm it hired to investigate its diesel-emissions scandal.
"29.03.2017 12:23:09" europe.autonews.com Opel managers in line for big bonuses after PSA deal, report says GM will pay Opel's senior managers million-euro bonuses following the sale of the German brand to PSA, regardless of whether the executives remain with the company, a German report said. Report states: #Opel managers in line for big bonuses after #PSA deal:
"29.03.2017 10:51:54" autonews.com Lithium next German power play? BMW, Daimler and VW came together to acquire Nokia's HERE high-definition mapping unit in 2015 so will the German companies join forces to secure a sufficient supply of lithium? BMW, for one, seems willing. Latest Blog:
"29.03.2017 10:25:27" europe.autonews.com VW supervisory board backs Stadler, top managers VW Group's supervisory board gave its support to Audi CEO Rupert Stadler and other senior managers after raids by German prosecutors related to the automaker's emissions-cheating scandal. Updated story:
"29.03.2017 10:24:14" europe.autonews.com Ford says Brexit deal must include tariff-free access to customs union Ford says the UK must secure a Brexit deal which includes full tariff-free access to the entire customs union of European countries and not just the other 27 members of the EU as Britain begins the process of separating from the bloc on Wednesday. Ford #Ford wants #Brexit dealto include tariff-free access:
"29.03.2017 10:23:25" europe.autonews.com Mitsubishi open to helping Renault in Southeast Asia Mitsubishi is open to rebadging and selling models from alliance partner Renault in Southeast Asia. It's one way the newest member of the Renault-Nissan alliance could create synergies with its partners, Mitsubishi COO Trevor Mann told Automotive News #Mitsubishi open to helping #Renault in Southeast Asia:
"29.03.2017 10:22:36" europe.autonews.com Daimler brings forward electric-car goal Daimler says it expects to bring more than 10 new electric cars to the market by 2022, bringing forward a goal it had previously set at 2025. #Daimler brings forward #EV goal:
"28.03.2017 18:11:04" europe.autonews.com London black cab company will build electric vans in UK The London Taxi company will invest an additional 25 million pounds (215 million yuan) in its new assembly plant near Coventry, England, to produce electric-powered vans alongside traditional black cabs.
"28.03.2017 18:08:40" europe.autonews.com Hyundai's Czech workers get big pay increase as labor market tightens Workers at Hyundai's Czech plant will get on average a 12 percent pay raise this year, the latest big increase at a major manufacturer in Europe's tightest labor market.
"28.03.2017 18:08:13" europe.autonews.com Mercedes-AMG expects another big year in U.S. Following a big rollout of new models, Mercedes-AMG sales are up 30 percent so far in 2017, according to Mercedes-Benz USA. While the pace will slow, a double-digit percentage increase is expected for 2017.
"28.03.2017 18:07:38" europe.autonews.com Volvo battery lab catches fire; production unaffected A fire broke out on Tuesday in a building housing an auto battery laboratory at Volvo Car Group's plant in Gothenburg, western Sweden, the company said. #Volvo battery lab catches fire; production not affected:
"28.03.2017 18:06:54" europe.autonews.com Opel sees Insignia turning heads of premium buyers Opel/Vauxhall believes the improved quality and upgraded technology in the new Insignia will help it lure customers from premium equivalents such as the BMW 3 series. #Opel hopes #Insignia might attract premium buyers:
"28.03.2017 18:05:43" europe.autonews.com Audi speeds up SUV surge SUV sales could account for half of Audi's total global volume in the future, the automaker's head of sales and marketing said. #Audi #SUV:
"28.03.2017 18:05:08" europe.autonews.com Italian police foil plot to steal Enzo Ferrari's body Italian investigators said they have foiled a plot to steal the body of legendary F1 racing pioneer Enzo Ferrari and demand a ransom. Italian police foil plot to steal Enzo #Ferrari's body:
"28.03.2017 08:22:26" europe.autonews.com France digs in as Peugeot shareholder with stake shift France's state holdings agency sold its stake in PSA to the Bpifrance sovereign wealth fund in a move signalling the government's intention to remain a shareholder in the automaker for years to come. #Peugeot:
"28.03.2017 08:21:30" autonews.com Volvo sticks with Uber partnership Volvo is standing by its partnership with Uber, despite the ride-hailing company's string of public relations disasters, including a high-profile accident this weekend that led to Uber temporarily shutting down its self-driving testing program. #Volvo to stick with #Uber:
"27.03.2017 12:59:05" europe.autonews.com Knorr-Bremse could make further acquisitions after Haldex German supplier Knorr-Bremse could make further acquisitions worth around 500 million euros ($543 million) each, after making a bid for Sweden's brake systems maker Haldex. #KnorrBremse could make further acquisitions after #Haldex:
"27.03.2017 12:57:25" autonews.com Audi halts A4, A5 production at German plant over parts shortage Audi will halt production of A4 and A5 cars at its Ingolstadt factory this week until Thursday due to a parts shortage after a fire at a supplier. The break in production is expected to result in 5,600 fewer vehicles being built at the German plant. #Audi halts #A4, #A5 production at German plant over parts shortage:
"27.03.2017 10:12:33" europe.autonews.com UK manufacturers urge PM to drop threat of no Brexit deal Britain's manufacturers told Prime Minister Theresa May to drop her threat that she might take the country out of the EU without a new trade deal, a move that could leave automakers facing tariffs averaging 5.3 percent. A little more than half of #Brexit: UK manufacturers urge PM to drop threat of no Brext deal:
"27.03.2017 10:10:32" autonews.com Shanghai show to measure progress of China's would-be Teslas At least six startups funded by Chinese backers have hatched plans to develop high-performance EVs and become the next Tesla. With most of them having yet to reveal a single vehicle, the upcoming Shanghai auto show will be the best place to check out
"27.03.2017 10:09:54" europe.autonews.com Renault's use of EU-backed loans questioned amid diesel-cheat inquiry The European Investment Bank has asked French investigators to find out whether EU-backed loans to Renault could have been used to develop test-cheating diesel engines, according to documents seen by Reuters.
"27.03.2017 10:09:13" europe.autonews.com SUV sales rise to 25% of European market SUVs and crossovers accounted for a quarter of all European passenger vehicle sales last year as models such as the Renault Captur and Nissan Qashqai continue to lure buyers from minivans, wagons and hatchbacks.
"27.03.2017 10:08:37" europe.autonews.com New mild hybrid tech will shake up green car sales Hybrid and plug-in hybrid sales grew 30 percent in Europe last year but new mild hybrids with cheaper and less complex 48-volt systems will reduce the region's diesel dependency in future, according to automakers such as VW and Renault.
"27.03.2017 10:07:59" europe.autonews.com German motor authority sued over VW scandal by environmental lobby A German environmental group has filed a suit against the country's KBA motor authority, accusing it of failing to act robustly enough over VW Group's diesel-emissions scandal.
"27.03.2017 10:06:39" autonews.com McLaren supercar gets stratospheric price McLaren Automotive's three-seat hypercar will cost a cool 2 million pounds ($2.5 million) in its home market when it launches in 2019.
"27.03.2017 10:05:42" europe.autonews.com UK manufacturers urge PM to drop threat of no Brexit deal Britain's manufacturers told Prime Minister Theresa May to drop her threat that she might take the country out of the EU without a new trade deal, a move that could leave automakers facing tariffs averaging 5.3 percent. A little more than half of
"27.03.2017 10:05:07" europe.autonews.com Piech nears endgame of bitter family dispute Ferdinand Piech, a figure of transcendent importance in the history of the auto industry, is selling his 14.7 percent voting stake in the family firm that controls VW Group. It is the endgame of a bitter family dispute.
"24.03.2017 09:01:49" europe.autonews.com Spain's Gestamp sets price range in $3.8 billion IPO Spanish supplier Gestamp will price its IPO at 5.6 to 6.7 euros per share, valuing the company at around 3.5 billion euros ($3.8 billion) in one of Europe's biggest stock market listings so far this year. #Gestamp sets new prices per share:
"24.03.2017 08:58:55" europe.autonews.com VW's Seat will get a midsize SUV built in Wolfsburg VW Group's Seat brand will add a midsize SUV that will be built in VW's factory in Wolfsburg, Seat CEO Luca de Meo said. The SUV will become the Spanish brand's third entry in the booming SUV/crossover segment. UPDATED #VW #Seat story:
"24.03.2017 08:58:17" europe.autonews.com New mild hybrid tech will shake up green car sales Hybrid and plug-in hybrid sales grew 30 percent in Europe last year but new mild hybrids with cheaper and less complex 48-volt systems will reduce the region's diesel dependency in future, according to automakers such as VW and Renault. Green car sales about to be shook up:
"23.03.2017 12:17:48" europe.autonews.com Nissan appoints EV expert as new tech boss for Europe Nissan has appointed company veteran Nobusuke Toukura as the head of its European technical center. Toukura succeeds Takashi Shirakawa, who will be chief vehicle engineer at Nissan's global product development division. #Nissan to appoint #EV expert as new tech boss for Europe:
"23.03.2017 12:16:09" europe.autonews.com VW Group's retail company to sell 275 dealerships Volkswagen Group's retail chain, Porsche Holding Salzburg, one of Europe's biggest dealer groups, is selling 275 sales locations to independent group Emil Frey to concentrate on selling cars only from VW's 12 brands. #VW Group's retail company looking to sell dealerships:
"23.03.2017 12:15:09" autonews.com Tata Steel looks to expand key product beyond BMW to volume brands Hurt by rising steel imports from China, Tata Steel in Europe is aggressively pushing its higher-margin tailored blanks business to generate more income. Tailored blanks are primarily used by premium automakers such as BMW Group to save weight in #Tata Steel looking to expand key product:
"23.03.2017 12:14:26" europe.autonews.com UK car production hits 17-year high in February UK car production rose by 8 percent in February to its highest level in 17 years, extending a recent trend of surging output as a strong rise in exports, helped by a weaker pound, once again compensated for a slump in demand at home. UK car production hits 17-year high in February:
"23.03.2017 12:13:53" europe.autonews.com France likely would reduce Renault 20% stake at right price France does not rule out reducing its stake in Renault under the best possible market conditions, its finance minister said. The country has increased its stake in the automaker in recent years, currently holding just under 20 percent of the company's #Renault, France
"23.03.2017 12:13:15" europe.autonews.com VW's Seat will get a midsize SUV built in Wolfsburg VW Group's Seat brand will add a midsize SUV that will be built in VW's factory in Wolfsburg, Seat CEO Luca de Meo said. The SUV will become the Spanish brand's third entry in the booming SUV/crossover segment. #VW's #Seat will get a midsize SUV built in #Wolfsburg:
"23.03.2017 09:13:08" europe.autonews.com Daimler faces complaint from China's Chery over EQ electric subbrand name Chinese automaker Chery has filed a complaint with the country's trademark regulator over Mercedes's use of the 'EQ' name for a subbrand of electric vehicles, throwing up a potential road block for the German carmaker in the world's largest EV market. #Daimler faces complaint from China's #Chery over #EQ electric subbrand name:
"23.03.2017 08:25:29" Automotive News Europe's cover photo
"23.03.2017 08:22:10" autonews.com Toyota gets license to Microsoft's connected vehicle patents Microsoft said it will license all of its connected vehicle patents to Toyota in its most wide-ranging intellectual property agreement with an automaker. #Toyota, #Microsoft, #connectedVehiclePatents:
"23.03.2017 08:20:24" autonews.com Suppliers see opportunity as auto industry shifts to mobility The automotive industry landscape is changing via rapid advancements in technology. So much so, that suppliers are joining their manufacturing customers in a whole new industry -- mobility. Mobility might bring opportunities, say suppliers:
"22.03.2017 20:51:23" autonews.com Why VW patriarch Piech's parting will be bitter Ferdinand Piech's decision to burn all bridges to his life's work and sell his indirect stake in VW Group shows that he has become increasingly embittered, family members believe. Latest Blog:
"22.03.2017 20:50:49" europe.autonews.com The Swedish emissions tester that checked VW sees opportunity in Trump The Swedish vehicle inspector whose technology identified emissions discrepancies in Volkswagen diesel engines sees Donald Trump as an opportunity-in-waiting.
"22.03.2017 20:50:28" europe.autonews.com Daimler employees investigated for potential emissions fraud German prosecutors have opened an investigation against employees at Daimler. The employees are being investigated over diesel-manipulation allegations, Bloomberg reported. #Daimler employees investigated for potential emissions fraud:
"22.03.2017 14:14:10" autonews.com Why VW patriarch Piech's parting will be bitter Ferdinand Piech's plan to burn all bridges to his life's work and sell his indirect stake in VW Group shows that he has become increasingly embittered, family members believe. http://www.autonews.com/article/20170322/BLOG06/303229943/why-vw-patriarch-piechs-parting-will-be-bitter?utm_source=dlvr.it&utm_medium=twitter
"22.03.2017 14:12:50" europe.autonews.com VW brand has no budget-car plans with Tata in India Volkswagen Group's core VW brand currently has no plans to develop a small budget car for India and other low-cost markets with Tata Motors. #VW brand has no budget-car plans with #Tata in India:
"22.03.2017 14:11:42" autonews.com London black-cab company starts electric taxi production The London Taxi Company has opened a new factory in central England to produce an electric verion of the iconic black cab, which it also hopes to sell overseas for the first time to cities keen on the famous brand and concerned about pollution. Electric taxi production begins:
"22.03.2017 14:10:54" europe.autonews.com Sogefi will open first Africa plant in Morocco Sogefi plans to open a new factory in Morocco to build engine filtration systems. Moroccan car output has grown as foreign automakers invest in a market that Sogefi predicts will reach a production volume of about 1 million vehicles annually by 2025. #Sogefi to open first Africa plant:
"22.03.2017 14:09:42" europe.autonews.com UK lawmakers demand more answers from VW over diesel scandal UK lawmakers have written to Volkswagen Group seeking more answers from the automaker over its diesel-missions scandal, after criticizing the firm for failing to adequately respond to their queries so far. UK lawmakers want additional answers from #VW over diesel scandal:
"22.03.2017 14:08:59" europe.autonews.com BMW chases volume growth in large cars, less so in small ones BMW is chasing volume growth mainly in the large car and SUV segments, while the less profitable small car segment is not being pushed as hard, CEO Harald Krueger said. #BMW wants volume growth in large cars, less so in small ones:
"22.03.2017 09:33:35" europe.autonews.com China's Geely doubles earnings as Volvo tech boosts sales China's Geely posted its biggest profit growth in eight years in 2016, as improved product design and engineering following its 2010 purchase of Sweden's Volvo helped propel it to record sales. China's #Geely doubles earnings; #Volvo tech boosts sales:
"22.03.2017 08:41:04" autonews.com Nissan promotes several key executives in U.S., globally Nissan North America will promote several US sales, marketing, planning and manufacturing directors and executives, with some receiving new global roles. http://www.autonews.com/article/20170321/OEM02/170329962/nissan-promotes-several-key-executives-in-u-s-globally?utm_source=dlvr.it&utm_medium=twitter
"22.03.2017 08:40:12" autonews.com Audi board to meet over recent raids, Stadler Top officials at Volkswagen AG's Audi division will meet next week to discuss a raid by German prosecutors on the carmaker's premises last week and the standing of its embattled CEO, following emissions violations, Reuters reported. http://www.autonews.com/article/20170321/OEM02/170329956/audi-board-to-meet-over-recent-raids-stadler?utm_source=dlvr.it&utm_medium=twitter
"22.03.2017 08:38:11" autonews.com Marchionne is 'waiting with anticipation' to meet VW chief FCA CEO Sergio Marchionne said he was looking forward to meeting Volkswagen boss Matthias Mueller to discuss a possible tie-up between the two carmakers but added he hadn't seen his counterpart in six to seven months. #Marchionne waiting to meet #VW chief:
"22.03.2017 08:37:31" autonews.com Fiat Chrysler under investigation in France for emissions cheating, report says A French prosecutor has opened an investigation into Fiat Chrysler over allegations that the carmaker cheated in diesel emission tests, Reuters reported. #FiatChrysler under investigation in France for emissions cheating, according to report:
"21.03.2017 13:33:08" europe.autonews.com BMW reviews UK options post-Brexit but presses ahead with Mexico plant BMW said it is reviewing its UK factories ahead of Brexit and that construction of its new Mexico plant is 'proceeding according to plan.' #BMW Mexico plant plans reportedly proceeding:
"21.03.2017 13:32:04" europe.autonews.com Porsche SE posts profit as owner clan plans to buy out Piech Porsche Holding SE, Volkswagen Group's majority shareholder, returned to profit as its billionaire owner family is in talks to buy out Ferdinand Piech following a clash between the former VW Group patriarch and his relatives.
"21.03.2017 13:31:27" europe.autonews.com BMW fights back against Mercedes with biggest model launch to date BMW plans the biggest rollout of new and revamped models in its history as the automaker fights back after losing the sales crown to Mercedes. Over the next two years, BMW will unveil 40 variants, including the new X2 compact SUV and full-sized X7 #BMW plans huge rollout of new and revamped models:
"21.03.2017 08:37:49" europe.autonews.com VW hurries new EVs to meet CO2 targets Volkswagen must have the first of its I.D. purpose-built electric cars on sale in 2020 to achieve CO2 reduction targets in Europe and China, company executives said. VW plans to approve in August the design of the first vehicle, a Golf-sized hatchback #VW hurries new #EVs to meet #CO2 targets:
"20.03.2017 19:45:53" europe.autonews.com VW clan aims for quick deal over Ferdinand Piech's shares, report says The Porsche and Piech families are looking to strike a swift deal to buy Ferdinand Piech's shares in Porsche SE, the holding company that controls 52 percent of VW Group's shares, Reuters reported. #VW, #Porsche, #Piech:
"20.03.2017 11:43:59" autonews.com Porsche pockets $17,250 profit on every vehicle Porsche's delivered 238,000 vehicles last year and posted an operating profit of $4.1 billion, up 14 percent from 2015. Put those numbers together and it's on pace to net about $17,250 a vehicle, up 9 percent. #Porsche profits:
"20.03.2017 11:42:41" autonews.com VW to launch T-Roc in U.S. in '19 Volkswagen will launch the T-Roc compact crossover in the United States in 2019 after U.S. dealers gave a firm commitment they can sell enough of the vehicle to make it profitable. #VW to launch #TRoc in US in 2019:
"20.03.2017 11:40:13" autonews.com How Aston Martin could help make your life better Aston Martin is playing a key role in reducing CO2 and giving back a huge amount of lost time to car owners. Here's how.
"20.03.2017 11:39:50" autonews.com Why city mayors may dictate which cars will rule the roads PSA Group CEO Carlos Tavares is scared that the mayors of the world's biggest cities -- especially those in Europe -- will have a powerful say in which powertrains will rule the road because they can dictate which types of vehicles will be allowed inside Latest Blog:
"20.03.2017 11:38:47" europe.autonews.com French watchdog clears Opel of cheating on diesel emissions France's consumer fraud watchdog has closed its investigation into diesel-emissions cheating by Opel. The body's probe, part of a wider investigation carried out in the wake of the VW's test-cheating scandal, 'did not bring to light any evidence of French watchdog clears #Opel of cheating on diesel emissions:
"19.03.2017 16:24:12" europe.autonews.com Renault faces tough task staying Europe's No. 2 brand as product push slows Renault has overtaken Ford and Opel to become the second-largest brand in Europe by unit sales, but analysts say that success will be harder to maintain in 2017 as growth in the overall European market slows and the product pipeline empties out.
"19.03.2017 16:23:50" europe.autonews.com VW CEO offices searched in Audi investigation, report says Munich prosecutors searched the offices of Volkswagen CEO Matthias Mueller as part of an investigation into diesel emission test cheating at Audi, Bild am Sonntag reported.
"19.03.2017 16:23:25" europe.autonews.com How PSA plans to succeed in India PSA believes it has a key to succeed in India. The country is a tantalizing prize for foreign automakers, who see an upwardly mobile, rapidly urbanizing and technologically savvy country that could pass Germany this year as the world's fourth-largest auto How #PSA plans to succeed in India:
"19.03.2017 16:22:47" europe.autonews.com Renault aims for profit from Alpine sports car Renault says its Alpine A110 sports car is more than an exercise in nostalgia. The company expects the mid-engine coupe to be profitable and it could be the first in a new line of vehicles for the revived Alpine brand.
"19.03.2017 16:22:20" europe.autonews.com Piech may sell Porsche SE stake by end May, paper says Former Volkswagen Group Chairman Ferdinand Piech may sell his stake in the company that is VW's majority shareholder to other members of the Porsche and Piech clans before May 30, Bild am Sonntag said. #Piech may sell #Porsche SE stake by the end of May; says report:
"19.03.2017 16:21:36" europe.autonews.com Peugeot family says Opel deal paves way for global expansion PSA Group's acquisition of Opel gives the French automaker greater scale to pursue global expansion plans, family shareholder Jean-Philippe Peugeot told a German newspaper. #Peugeot confient #Opel deal paves way for global expansion:
"17.03.2017 08:59:35" europe.autonews.com As sales tumble, Audi defends plan for second JV in China Audi defended a plan that has angered some of its China dealers and led to a plunge in its sales in its No. 1 market. Audi says the creation of a second China JV with SAIC-VW would help the company grow and also diversify risks. #Audi defends plan for second JV in China:
"16.03.2017 17:25:35" europe.autonews.com VW's Schmidt to remain in U.S. custody until trial next year Oliver Schmidt, the VW executive incarcerated since January when he tried to return to his native Germany after a Florida vacation, will remain in custody until his trial early next year. #VW's Oliver Schmidt to stay in jail until his trial early next year:
"16.03.2017 15:21:42" europe.autonews.com BMW could be key to Swedish dealer Bilia doubling Europe sales Bilia's partnership with Volvo has helped the Swedish auto dealer conquer the Nordic market. Now it's hoping a similar alliance with BMW will help it succeed in other parts of Europe as it tries to counter slowing growth at home. #BMW could be key to Swedish dealer Bilia doubling Europe sales:
"16.03.2017 15:19:49" europe.autonews.com VW says German prosecutors searched law firm handling diesel scandal German prosecutors searched the offices of Jones Day, the U.S. law firm tasked by VW with investigating its diesel emissions cheating scandal -- a step VW called 'unacceptable.' Updated Story:
"16.03.2017 15:19:17" europe.autonews.com BMW says self-driving car to be Level 5 capable by 2021 BMW is on track to deliver a self-driving car by 2021, said the company's senior vice president for autonomous driving. #BMW on track to deliver self-driving car by 2021:
"16.03.2017 13:51:59" Automotive News Europe's cover photo
"16.03.2017 13:50:14" europe.autonews.com Renault says emissions-cheating claim is unfair Renault pushed back against French newspaper article that described a confidential government report accusing the automaker of illegally manipulating diesel emissions tests.
"16.03.2017 13:47:20" europe.autonews.com European car sales rise 2% in February despite falling demand in key markets New-car registrations rose 2.1 percent in Europe last month, even as key markets such as Germany and volume brands including Volkswagen, Opel, and Peugeot posted lower sales. European car sales up in February:
"16.03.2017 13:46:37" europe.autonews.com Toyota will invest 240 million pounds in UK car plant Toyota will invest 240 million pounds ($294 million) in its UK car plant to allow it to build vehicles on a new platform, but the automaker warned that continued tariff-free access to the European single market after Brexit remained crucial. #Toyota to invest 240 million pounds in #UK car plant:
"16.03.2017 13:45:25" europe.autonews.com Renault-Nissan create LCV unit; Mitsubishi will be involved Renault and Nissan have taken another step toward integrating their global alliance, announcing the creation of a joint light commercial vehicle business unit in an effort to reduce costs, share technology and increase sales in a growing segment.
"16.03.2017 13:44:57" europe.autonews.com Audi offices, plants in Germany raided by prosecutors amid VW diesel scandal German prosecutors searched Audi's two biggest plants and other sites in connection with the emissions scandal still rocking parent Volkswagen Group, adding to pressure on the luxury division and its CEO Rupert Stadler. Updated story on #Audi raid:
"16.03.2017 13:44:13" europe.autonews.com VW says German prosecutors searched law firm handling diesel scandal German prosecutors searched the offices of Jones Day, the U.S. law firm tasked by VW with investigating its diesel emissions cheating scandal -- a step VW called 'unacceptable.' U.S. law firm searched by German prosecutors; #VW says this is "unacceptable":
"16.03.2017 08:54:45" autonews.com Mitsubishi gets a lot more European Mitsubishi is becoming a lot more European as Chairman Carlos Ghosn fills key posts with trusted French and British executives.
"16.03.2017 08:52:34" europe.autonews.com Renault CEO Ghosn targeted in French diesel probe, report says France's consumer fraud watchdog told prosecutors that Renault boss Carlos Ghosn should be held responsible for the carmaker's suspected diesel emissions cheating, Reuters reported.
"15.03.2017 17:02:25" europe.autonews.com Bosch sticks to own technology in face of Intel-Mobileye acquisition A top Bosch executive said the supplier will continue to develop its own visual technology regardless of Intel's $14.7 billion deal to buy Mobileye.
"15.03.2017 17:01:01" europe.autonews.com Opel CEO Neumann will stay on under PSA leadership, report says Opel CEO Karl-Thomas Neumann plans to remain in his job even after PSA buys the automaker from GM, he told a German motoring magazine. Earlier this month, PSA agreed to buy Opel from GM for $2.3 billion, raising questions about Neumann's future.
"15.03.2017 14:56:33" europe.autonews.com Nissan Europe names new sales and marketing chief Nissan Europe named Philippe Saillard as its new head of sales and marketing, a promotion from his current role as vice president for sales. #Nissan Europe names new sales and marketing chief:
"15.03.2017 13:59:03" europe.autonews.com Audi aims to make EVs a 'must have' Audi offered more details of its plans to launch three full-electric cars by 2020, starting with the e-tron SUV, as its CEO Rupert Stadler outlined the automaker's plans to make EVs a 'must have.'
"15.03.2017 12:09:53" europe.autonews.com VW, Audi offices raided by prosecutors in diesel probe German prosecutors raided the headquarters of VW Group and its Audi unit as part of investigations into the company's diesel-rigging scandal. Updated details on #VW, #Audi raid by German prosecutors:
"15.03.2017 12:09:07" europe.autonews.com Italdesign buyers get a say in Zerouno supercar design Italdesign is famous for designing cars for automotive customers. So when designing a car for individual customers, it followed the same route: Show them the design and ask what changes they'd make. #Zerouno supercar design:
"15.03.2017 12:08:15" europe.autonews.com Audi will launch Q4 in 2019 in SUV push Audi confirmed it will launch its Q4 in 2019 as the brand continues to expand in the hot-selling SUV/crossover market. The coupe-styled model will challenge rivals such as the upcoming BMW X2 and the Range Rover Evoque. #Audi to launch #Q4 in 2019 in SUV push:
"15.03.2017 10:35:21" autonews.com As VW exits crisis, the press spins next chapter like pirate radio When the financial and automotive press gathered Tuesday in Wolfsburg, home to a leading automaker, were they at a VW press conference or at a pop concert? Latest AutoNews Blog:
"15.03.2017 09:52:02" europe.autonews.com Audi offices in Germany raided by prosecutors Prosecutors searched premises at Audi's two German factories in connection with Volkswagen Group's diesel-rigging scandal. #Audi offices raided by German prosecutors:
"15.03.2017 09:51:27" europe.autonews.com Why tougher EU emissions rules put the combustion engine's future in doubt The EU is set to reshape the global auto industry later this year when it agrees on even more stringent emission targets for the next decade that could mark the beginning of the end for traditional combustion-powered vehicles in the world's largest Tougher EU emissions rules could put combustion engine's future in doubt:
"14.03.2017 15:18:59" europe.autonews.com VW CEO Mueller earns $8.28 million in pay and benefits VW Group CEO Matthias Mueller was awarded 7.78 million euros ($8.28 million) in pay and benefits for 2016, up from 4.17 million euros in total remuneration awarded a year earlier. VW overhauled its bonus and executive pay policy last month to cap payments #VW CEO Mueller's earnings and benefits:
"14.03.2017 15:18:13" europe.autonews.com VW 'is back on track' and working through diesel scandal, Mueller says Volkswagen Group 'Is back on track' even as it works through its global diesel scandal, CEO Matthias Mueller said. To move forward, though, VW “must become more international, more entrepreneurial and more female -- especially at the management level,” he #VW reportedly "back on track"; working through diesel scandal, says CEO Matthias Mueller:
"14.03.2017 15:17:11" europe.autonews.com Intel's Mobileye buy heats up competition with Qualcomm Intel's proposed $14.7 billion acquisition of Mobileye will make the chipmaker one of the top players in computer processing for self-driving cars.
"14.03.2017 14:05:51" europe.autonews.com VW's Mueller not ruling out merger talks with Fiat Chrysler Volkswagen Group CEO Matthias Mueller said he did not rule out the possibility he could hold merger talks with Fiat Chrysler boss Sergio Marchionne, in a marked change of tone by the German carmaker toward its Italian peer.
"14.03.2017 13:39:54" europe.autonews.com Ford sees further UK price increases after Brexit vote Ford says UK car prices will have to rise again to offset the fall in value of the pound following the county's vote to leave the EU. Major automakers have already increased prices at least once after the pound lost almost 20 percent of its value compared #Brexit: #Ford sees further UK price increases:
"14.03.2017 13:14:33" europe.autonews.com Nissan plots Micra's return to Europe's top 10 Nissan wants to re-establish the Micra subcompact as one of the 10 top-sellers in Europe's biggest and most competitive segment after its predecessor slipped to a disappointing No. 18. #Nissan plots #Micra's return to Europe's top 10:
"14.03.2017 13:13:52" europe.autonews.com Infiniti names former BMW exec Habib as new design chief Infiniti named Karim Habib, former global styling chief at BMW, as the brand's new chief designer, effective July 1. Habib will lead Infiniti's design teams in Japan, Beijing, San Diego and London. Former #BMW exec Karim Habib now #Infiniti's new chief designer:
"14.03.2017 13:10:44" europe.autonews.com Nissan's Nakamura retires as design team is reshuffled Shiro Nakamura, who penned some of Nissan's most daring and memorable cars, will retire after 17 years of pursuing cutting-edge looks that put the automaker on the map for its styling. Nakamura steps down amid a wider design shuffle that promotes a new #Nissan's Shiro Nakamura retires; design team being reshuffled:
"14.03.2017 10:51:02" europe.autonews.com VW targets strong 2017 even as core brand struggles VW Group said it was capable of shouldering the costs of its diesel-emissions crisis but warned that its core VW brand continued to struggle. The 12-brand group swung to a record underlying profit last year, helped by strong results at Porsche and Skoda. #VW targets strong 2017 despite core brand's struggles
"14.03.2017 09:11:47" europe.autonews.com Nissan puts its stamp on Mitsubishi with management shuffle Nissan, the most international and diverse of Japan's automakers, is increasing its mark on new alliance partner Mitsubishi though a new management shuffle that puts more foreigners and a woman into top executive slots. #Nissan puts stamp on #Mitsubishi:
"14.03.2017 09:11:03" europe.autonews.com VW's Seat brand swung to profit in 2016 VW's Seat brand finally contributed to group earnings in 2016 as its operating result jumped to 153 million euros, after posting a loss of 10 million euros last year. The result nearly matched the return at the group's core VW unit. #VW's #Seat brand on road to profit in 2016:
"14.03.2017 09:10:18" europe.autonews.com Pressure builds on Piech to sever VW links Ferdinand Piech, the long-time strong man of the billionaire clan behind Volkswagen Group, is under pressure to give up his last links to the automaker, a move that could mark the inglorious end to a storied career. Pressure on #Piech, #VW:
"14.03.2017 07:57:13" europe.autonews.com How Schreyer's passion to make a sports car became the Kia Stinger Peter Schreyer has dreamed of designing a true sports car for Kia since joining the Korean automaker from VW in 2006. The result is the Kia Stinger. Schreyer discussed the sport sedan's genesis with Automotive News Europe. #Kia Stinger's story:
"13.03.2017 12:37:58" europe.autonews.com Gestamp plans $3.6 billion initial public offering Spanish supplier Gestamp is planning an initial public offering valuing the company at around 3.4 billion euros ($3.6 billion), one of the biggest European stock market listings so far this year.
"13.03.2017 12:37:36" europe.autonews.com Intel to buy autonomous-tech firm Mobileye in $14.7 billion deal Intel has agreed to buy Israeli autonomous-driving technology company Mobileye in a deal valued at $14.7 billion. Mobileye accounts for 70 percent of the global market for advanced driver-assistance and anti-collision systems.
"13.03.2017 12:37:16" europe.autonews.com European execs wary of U.S. trade changes President Donald Trump's vows to turn American trade policy toward a more protectionist stance, including imposing a 35 percent tariff on imported cars, could have far-reaching consequences for European automakers.
"13.03.2017 12:36:47" europe.autonews.com VW brand's cost-cutting will slow down on product offensive Volkswagen Group's core VW brand reduced its fixed costs in Germany for the first time in nearly a decade last year, but management doesn't expect the brand can maintain the same momentum as it launches its biggest product offensive to date.
"13.03.2017 10:48:46" europe.autonews.com Could Opel deal set off a chain reaction? Historically, deals like GM's sale of Opel/Vauxhall to PSA have set off a chain reaction in the industry. Is a new round of consolidation in the works? Could #Opel deal set of a chain reaction within the industry?
"12.03.2017 19:09:20" europe.autonews.com Boys are back at Bentley The racing-driven marketing formula that helped build the Bentley legend back in the 1920s is enjoying another strong run now as CEO Wolfgang Duerheimer works to reinvigorate a brand that had gone stale.
"12.03.2017 19:08:57" autonews.com Why is GM clinging to Cadillac in Europe? GM has confirmed that it will remain in the European premium market with Chevy performance cars and Cadillac. But why? The answer arguably is threefold.
"12.03.2017 19:08:14" europe.autonews.com Can PSA succeed where GM failed? GM's sale of Opel represents a final acknowledgment that -- just as many industry experts in Europe believe -- a regional power such as PSA might be more suited to run the business in the face of increasingly challenging odds.
"12.03.2017 19:07:44" europe.autonews.com Ferdinand Piech to lose board seat at Porsche SE, report says Former VW Chairman Ferdinand Piech is set to lose his board seat at Porsche SE, in which the Porsche and Piech families have pooled their holding in VW, a German paper reported.
"10.03.2017 19:20:52" europe.autonews.com VW pleads guilty to 3 felonies in deal to settle U.S. emissions case VW Group pleaded guilty to three U.S. felony counts to settle criminal charges over emissions violations. VW agreed to pay $4.3 billion in penalties and cooperate with investigators. Sentencing has been delayed until April. #VW pleads guilty to 3 felonies in deal to settle U.S. emissions case:
"10.03.2017 13:24:56" europe.autonews.com Auto sector extends gains in Q4 In the final three months of 2016 Europe's automotive manufacturers and retailers extended their gains in shareholder value, as measured by the Automotive News Europe/PricewaterhouseCoopers Transaction Services Shareholder Value Indices.
"10.03.2017 13:24:34" europe.autonews.com DS 7 will be PSA's tech flagship With the DS 7 Crossback SUV, PSA Group's upscale brand faces a big challenge to win sales from the German brands the French automaker is targeting. However DS executives say the new model's significance goes beyond sales figures.
"10.03.2017 13:24:14" europe.autonews.com W. European sales edge up in February Western European car sales rose nearly 1 percent in February as demand slowed in key markets. Analysts LMC warned that uncertain political events could affect sales growth in the region. W.European sales edge up in February:
"10.03.2017 13:21:36" europe.autonews.com Daimler r&d boss outlines Mercedes' self-driving, EV, connectivity plans Daimler development boss Ola Kaellenius believes the auto industry is at a major crossroads as megatrends such as connectivity, autonomous drive, shared services and electrification combine to shape the future market. Self-driving, EV and connectivity plans outlined for #Mercedes:
"10.03.2017 13:20:32" europe.autonews.com Skoda will lead VW, Tata cooperation in India VW Group and Tata signed an agreement to explore a partnership in India. Tata and VW's Skoda unit will work together on studies for developing mobility services, vehicle components and models. #Skoda to lead #VW & #Tata cooperation in India:
"10.03.2017 08:38:16" europe.autonews.com Automakers eye more UK suppliers to handle hard Brexit As Britain prepares to leave the EU, some automakers are considering softening the blow of any tariffs by sourcing more parts locally and producing more models they can sell domestically rather than export.
"09.03.2017 19:15:52" europe.autonews.com VW, Tata sign accord to explore cooperation, report says VW Group has signed a memorandum of understanding with Tata Motors to explore cooperation in India, sources told Reuters, as VW takes a fresh attempt at conquering low-cost markets. #VW, #Tata sign accord to explore cooperation, according to report:
"09.03.2017 14:03:06" Automotive News Europe's cover photo
"09.03.2017 14:01:47" autonews.com Bentley says access to Europe is crucial as UK investment decision nears Bentley is due to make its next major UK investment decision on a new model around the start of next year and unfettered access to Europe is vitally important, CEO Wolfgang Duerheimer says. The automaker builds its entire lineup at its site in Crewe,
"09.03.2017 14:01:24" autonews.com Lamborghini is open to considering electric supercar Lamborghini is open to a full-electric addition to its lineup, CEO Stefano Domenicali said, evidence that parent VW Group's interest in producing zero-emission vehicles could extend to the very top end of its brands. #Lamborghini is open to adding full-electric supercar to lineup:
"09.03.2017 14:00:21" europe.autonews.com BMW profitability drops to lowest since 2010 amid tech rivalry BMW reported its weakest profitability since 2010, capping a negative year for CEO Harald Krueger after the brand lost the industry sales crown to rival Mercedes. Amid higher spending on technology, BMW's automotive profit margin fell to 8.9 percent in #BMW profitability drops to lowest since 2010; tech rivalry:
"09.03.2017 13:58:34" europe.autonews.com Magna develops self-charging fuel cell EV Magna International has developed a fuel cell range-extended electric vehicle that uses both electricity and hydrogen and can recharge its battery on the move. #Magna develops self-charging fuel cell EV:
"09.03.2017 13:57:56" europe.autonews.com Pagani's Huayra Roadster debuts after 6-year development Pagani's latest $2.4 million, hand-built supercar, the Huayra Roadster, has made its public debut at the Geneva auto show after six years of development. The car has already sold out its limited production run of 100 units. #Pagani's #Huayra roadster debuts after 6-year development:
"08.03.2017 17:04:32" europe.autonews.com Audi sued by Australia's consumer watchdog over VW Group emissions rigging The Australian consumer watchdog is suing the local Audi unit of VW Group for intentionally selling more than 12,000 vehicles with software which hid levels of toxic emissions.
"08.03.2017 17:04:12" europe.autonews.com Renault challenges Porsche with Alpine revival Renault's Alpine A110 high-end sports car is the first model from its revived Alpine subbrand. The car can accelerate to 100 kph (62 mph) in 4.5 seconds -- about as quickly as a Porsche 911 Carrera.
"08.03.2017 17:03:43" europe.autonews.com EU fines Denso, Valeo, Mahle Behr, other suppliers for air conditioning and engine cooling cartels Mahle Behr, Valeo, Denso and three other suppliers have been fined a total of $164 million by the EU's competition authorities for having operated cartels in a number of their markets. Automakers affected included VW, BMW, Mercedes, Nissan, Renault and
"08.03.2017 17:03:18" europe.autonews.com German court names Deka lead plaintiff in VW diesel test case A German court named Deka Investment as lead plaintiff for 1,470 damages claims against VW totaling $2 billion. The plaintiffs say they lost money on a drop of almost a quarter in VW's share price when it admitted cheating U.S. emissions tests.
"08.03.2017 17:02:00" autonews.com For Italy's Giugiaros, a return to the Geneva spotlight It would not be a Geneva auto show without Giorgetto and Fabrizio Giugiaro up on a small stand, surrounded by hordes of onlookers and admirers, bathed in brilliant light, joyfully pointing out details of their latest concept, all the while greeting
"08.03.2017 17:01:21" autonews.com Perseverance leads to perfect iPad pockets in new XC60 Volvo's new XC60 has an iPad-friendly storage space that took a decade to make a reality. The long road to perfect iPad pockets in new #XC60 :
"08.03.2017 16:50:04" europe.autonews.com Porsche mulls Macan EV amid VW's zero-emissions drive Porsche may offer an full-electric version of its Macan SUV and could turn models such as the iconic 911 into hybrids, its sales chief said, amid a push by parent VW Group to move on from its emissions-cheating scandal.
"08.03.2017 16:49:42" europe.autonews.com VW rejects Marchionne's merger suggestion: 'We have other problems' VW Group is not open to merger talks with Fiat Chrysler, VW CEO Matthias Mueller said. FCA CEO Sergio Marchionne had said that VW could be an attractive partner and may be interested in talks following PSA's announcement that it will buy GM's European #VW, #Marchionne:
"08.03.2017 16:48:57" europe.autonews.com Ex-Tesla manager seeks $4 billion for Europe's biggest battery plant A former Tesla executive is trying to raise at least $4 billion to build Europe's biggest battery factory in Sweden to meet an expected surge in demand as the region's automakers switch to electric vehicles.
"08.03.2017 16:48:30" europe.autonews.com Toyota may delay UK Auris production decision to see Brexit terms Toyota may delay a decision on whether to build its next Auris at its UK car plant to see the outcome of Brexit negotiations. #Toyota may delay UK #Auris production decison to see #Brexit terms:
"08.03.2017 16:47:43" europe.autonews.com Lexus takes aim at Mercedes, Tesla with new hybrid sedan Lexus's newest hybrid sedan, the LS 500h, is aimed squarely at luxury plug-in hybrid and full electric rivals from Mercedes and Tesla. New #Lexus hybrid sedan takes on #Mercedes, #Tesla:
"08.03.2017 16:46:53" europe.autonews.com Bentley surprises with first electric concept car Although most of the notable debuts at the Geneva auto show are teased well ahead of time, Bentley came out with the EXP 12 Speed 6e concept, a surprise showing of the marque's first full-electric concept. #Bentley surprises with first electric concept car:
"08.03.2017 16:45:59" europe.autonews.com Hyundai wants new fuel cell SUV to have 'own identity' Hyundai has revealed a fuel cell SUV concept that previews a stand-alone model due at the beginning of next year. “We wanted a specific design to give the fuel cell its own identity,” Hyundai Europe Chief Operating Officer Thomas Schmidt told Automotive #Hyundai wants new fuel cell SUV to have own identity:
"08.03.2017 08:59:10" europe.autonews.com EU consumer agencies to join forces to press VW over diesel scandal European national consumer agencies plan joint action to seek compensation for Volkswagen drivers who bought emissions-cheating diesel cars on the strength of their green credentials. More pressure by EU consumer agencies to press #VW over diesel scandal:
"07.03.2017 20:43:48" europe.autonews.com Italdesign and Airbus Pop.Up autonomous car/drone concept shows how to escape traffic Italdesign and Airbus offered a glimpse of a possible future solution to traffic congestion with the Pop.Up, a concept vehicle that consists of a passenger capsule that can be coupled with electric power modules for air and ground transport.
"07.03.2017 20:41:46" europe.autonews.com BMW says big industry investments may spur consolidation BMW CEO Harald Krueger said the big investments needed for next-generation drivetrains and digital business models were likely to spur further industry consolidation.
"07.03.2017 20:41:03" europe.autonews.com EU consumer agencies to join forces to press VW over diesel scandal European national consumer agencies plan joint action to seek compensation for Volkswagen drivers who bought emissions-cheating diesel cars on the strength of their green credentials.
"07.03.2017 20:40:34" europe.autonews.com Marchionne sees VW bid for Fiat Chrysler as Opel sale seen spurring car deals Volkswagen could make a bid for Fiat Chrysler following PSA's move to form Europe's second-largest carmaker with the purchase of Opel, FCA CEO Sergio Marchionne said.
"07.03.2017 20:39:02" europe.autonews.com F1 champion Fittipaldi will build Pininfarina-designed 600-hp supercar in Germany Racing legend Emerson Fittipaldi chose Italian design and German engineering to create a sports-car company that bears his name.The Brazilian chose Italian designer Pininfarina to pen the Fittipaldi EF7 Vision Gran Turismo and German race car specialist #Fittipaldi to build #Pininfarina-designed 600-hp supercar in Germany
"07.03.2017 11:20:54" europe.autonews.com Huracan Performante is the most powerful V-10 Lamborghini ever Lamborghini unveiled the latest in its line of Huracan variants, the Lamborghini Huracan Performante. The new, lighter Huracan model is the most powerful V-10 car in Lamborghini's lineup. The most powerful V-10 #Lamboghini ever:
"07.03.2017 11:14:30" europe.autonews.com VW CEO sees no immediate trouble from PSA-Opel deal PSA's purchase of GM's Opel/Vauxhall division will cause no immediate problems for VW Group's core autos division, which is undergoing major restructuring, VW CEO Matthias Mueller said. #VW CEO sees no immediate trouble from #PSA-#Opel deal:
"07.03.2017 11:13:40" europe.autonews.com VW Chairman expects to sanction more employees in emissions scandal VW Group expects to broaden disciplinary action beyond the two dozen employees the carmaker has already suspended as part of its emissions-cheating scandal, Chairman Hans Dieter Poetsch said. #VW expects to sanction more employees in emissions scandal:
"07.03.2017 11:12:51" europe.autonews.com Toyota Europe sees sales up 5% this year as hybrids push pays off Toyota Europe expects to increase its sales and market share this year, buoyed by the popularity of hybrids in the region. The automaker is targeting 50 percent of its European sales in hybrids by 2020. #Toyota Europe sees sales rise 5% this year; hybrid push pays off:
"07.03.2017 11:11:45" europe.autonews.com Opel CEO Neumann will remain in post as new era starts under PSA Karl-Thomas Neumann will remain at the helm of Opel/Vauxhall as the automaker revamps its lineup with PSA Group platforms in a technical convergence that will cause a delay to the next Corsa. Updated Story:
"07.03.2017 11:11:10" autonews.com For engineering, the good and the bad of GM's move to unload Opel GM's sale of Opel/Vauxhall to PSA will have wide-ranging effects on the U.S. automaker as an engineering organization.
"07.03.2017 11:10:34" autonews.com XC60 forced Volvo designer to 'break free' Volvo design boss Thomas Ingenlath knew when creating a successor for the XC60 he needed to preserve the features that made the car a success while still pushing hard to achieve more. “At some point you just have to break free,” he said. #XC60 forced #Volvo designer to "break free":
"07.03.2017 11:09:44" autonews.com Velar may signal new strategy at Land Rover The Range Rover Velar runs dangerously close to the Range Rover Sport in Land Rover's luxury lineup. Is this an error, or a clue as how the British brand will reposition the next Range Rover Sport and other models? #Velar may signa new strategy at #LandRover:
"07.03.2017 11:08:59" europe.autonews.com BMW champions profit over wow factor as product lull persists BMW's innovations on display at the Geneva auto show this week include a wagon version of the long-running 5 series and the 4-series coupe with an upgraded interior -- hardly the stuff to make a car lover swoon. This is in stark contrast to the flashy #BMW champions profit over wow factor as product lull persists:
"07.03.2017 11:08:12" europe.autonews.com Volvo makes new XC60 bigger, smarter, safer Volvo is counting on its bigger, safer, more technologically advanced XC60 to match or exceed the success of its predecessor, which is the brand's global best-seller as well as Europe's No. 1 premium midsize SUV. #Volvoe's #XC60 to be bigger, safer and smarter:
"06.03.2017 20:45:29" europe.autonews.com UK focused on Astra production after PSA buyout The UK government and the country's biggest trade union are focused on securing long-term production of the Astra after PSA confirmed it would buy the Vauxhall brand from General Motors. GM had committed to build the model until about 2021 in northern UK focused on #Astra production after #PSA buyout:
"06.03.2017 20:44:37" autonews.com VW's Sedric concept previews 'robo-taxi' VW Group unveiled the Sedric self-driving concept car that gives a glimpse of how robo-taxis could operate in the future. Meet #VW's #Sedric concept "robo-taxi"!
"06.03.2017 17:04:02" europe.autonews.com Tavares is a maestro who wants to orchestrate Opel's revival Carlos Tavares, the energetic executive who plans to fold General Motors' European operations into France's PSA Group is a modest man despite his high ambitions.
"06.03.2017 17:03:22" europe.autonews.com PSA's purchase of Opel will bring challenges and benefits PSA's rationale for acquiring GM's chronic money loser, Opel, has many industry watchers puzzled but it has potential benefits for both sides, analysts and experts say.
"06.03.2017 17:02:53" europe.autonews.com Why GM decided to sell Opel to PSA GM executives said they decided to sell Opel because Europe's changing geo-political and regulatory climate demands more investment at a time when they see a greater need to focus on North America, China and emerging technologies.
"06.03.2017 17:02:23" europe.autonews.com Will purchase of Opel mean deja vu for PSA? PSA has purchased a money-losing European arm from a U.S automaker before. It didn't go well.
"06.03.2017 17:01:58" europe.autonews.com PSA agrees to buy Opel in $2.3 billion deal, sets recovery goals PSA agreed to buy GM's Opel unit for 2.2 billion euros ($2.3 billion). The French automaker vowed to return Opel and its UK Vauxhall brand to profit with an operating margin of 2 percent within three years and 6 percent by 2026.
"06.03.2017 17:01:01" europe.autonews.com GM shifts from bigger is better to less global, more profitable GM's decision to sell its European operations doubles down on a bet that the company can win by being less global, but more profitable, in an auto industry increasingly driven by software.
"06.03.2017 17:00:09" autonews.com Tavares wins favorable terms with Opel takeover PSA's agreement to buy GM's Opel unit in a transaction valued at 2.2 billion euros ($2.3 billion) seems at first glance to have cost the French automaker a bit more than pre-deal expectations of just below 2 billion euros, but this is just an optical Today's blog:
"06.03.2017 16:58:57" europe.autonews.com Fiat may move Panda production to Poland to free capacity for Alfa Romeo in Italy, report says Fiat Chrysler is considering shifting manufacturing of its Panda to low-wage Poland to free capacity to build more Alfa Romeos in Italy, Bloomberg reported. #Fiat may move #Panda production; wants to free capacity for #AlfaRomeo in Italy - according to report
"06.03.2017 16:57:53" europe.autonews.com PSA-Opel joint cars, Renault Alpine coupe and first Porsche wagon seek Swiss spotlight The first cars shared between PSA and GM's Opel unit will be among the debuts at this week's Geneva auto show. Other premiers include Renault's Alpine sports car, Range Rover's Velar SUV and Porsche's first station wagon.
"06.03.2017 16:57:23" europe.autonews.com Opel CEO Neumann will remain in post after PSA takeover Karl-Thomas Neumann will remain at the helm of Opel after PSA completes a takeover of the General Motors unit, the French carmaker's CEO Carlos Tavares said. The comments confirm earlier reports that Tavares intends to maintain Opel's current management #Opel CEO to remain in post after #PSA takeover
"06.03.2017 14:30:02" Timeline Photos Connected Cars: This free supplement looks at the benefits and obstacles of vehicle connectivity. www.autonews.com/connected
"05.03.2017 11:06:44" europe.autonews.com Tavares is a maestro who wants to orchestrate Opel's revival Carlos Tavares, the energetic executive who plans to fold General Motors' European operations into France's PSA Group is a modest man despite his high ambitions. PSA CEO Carlos Tavares applied his gentle-yet-effective style in talks over four months to win support for his plan for the French automaker to acquire GM's Opel/Vauxhall division. The deal is expected to be announced at a joint PSA/GM press conference on
"05.03.2017 11:04:55" europe.autonews.com VW's Schmidt loved U.S. long before facing federal criminal charges Oliver Schmidt, the German-born VW executive now awaiting trial in a Michigan jail on 11 felony counts tied to VW's conspiracy to skirt U.S. emissions rules, in 2005 played a key role in a VW project designed to figure out what American consumers wanted. VW Group executive Oliver Schmidt was involved in a project at the automaker that an indelible mark on his psyche.
"05.03.2017 10:56:40" europe.autonews.com PSA-Opel joint cars, Renault Alpine coupe and first Porsche wagon seek Swiss spotlight The first cars shared between PSA and GM's Opel unit will be among the debuts at this week's Geneva auto show. Other premiers include Renault's Alpine sports car, Range Rover's Velar SUV and Porsche's first station wagon. Here are photos and details on some of the most important models that will be on display at the Geneva auto show this week.
"03.03.2017 17:51:20" europe.autonews.com PSA reaches deal to buy Opel from GM, wins board approval, report says PSA Group reached an agreement with General Motors to buy the U.S. carmaker's loss-making Opel division and won the support of its own board for the deal on Friday, a source familiar with the matter told Reuters. PSA plans to announce the acquisition of Opel early on Monday, a source said. Spokesmen for GM and PSA declined to comment.
"03.03.2017 17:36:21" europe.autonews.com Mercedes will recall 1 million vehicles after 51 fires Daimler will recall 1 million Mercedes vehicles worldwide due to the risk of fire, after 51 fires were reported. The vehicles to be recalled are newer models, including those from the 2017 model year. Daimler said that no injuries or deaths have been reported to them related to the fires that caused the recall.
"03.03.2017 14:41:14" europe.autonews.com Italy finds no defeat devices in diesel vehicle probe Tests carried out diesel vehicles sold in Italy have found no defeat devices, Italy's transport ministry said after publishing a final report on their investigation. The Italian transport ministry's probe, conducted on a total of 18 vehicles from various manufacturers, was launched in the wake of the Volkswagen Group emissions cheating scandal.
"03.03.2017 14:39:12" autonews.com PSA close to deal to acquire GM's Opel unit, reports say PSA is closing in on a deal to acquire General Motors' Opel unit to create Europe's second-largest automaker, with an agreement possibly coming early next week, according to wire reports. PSA and Opel/Vauxhall parent General Motors are planning to continue intense negotiations through the weekend with the aim of announcing a deal on Monday. The two automakers are said to be narrowing differences over pension liabilities, Reuters reported.
"03.03.2017 14:36:49" europe.autonews.com Kia expects 'significant' growth in Europe Kia expects its European market share to pass 3 percent this year for the first time, helped by new products such as the latest Picanto and Rio. The automaker aims to hit sales of 500,000 in the region in 2018. Kia sold 435,317 vehicles in the EU and EFTA markets last year, up 13 percent year-on-year, for a 2.9 percent market share, according to industry association ACEA.
"03.03.2017 14:35:13" europe.autonews.com Audi CEO steps down from Piech family foundation Audi CEO Rupert Stadler has stepped down from leadership roles at the Piech family foundation, Austrian company filings show. Stadler was a close confidant of former Volkswagen Group Chairman Ferdinand Piech. Audi CEO Rupert Stadler was a close confidant of former Volkswagen Group Chairman Ferdinand Piech, having worked as Piech's chief of staff before rising to the post of Audi CEO.
"02.03.2017 16:50:21" europe.autonews.com Diesels lose appeal in weaker German car market New-car sales in Germany fell nearly 3 percent last month, with diesel models worst hit as authorities debate tighter regulation to help tackle pollution. Other key European markets showed a mixed picture with sales up 6 percent in Italy, down 3 percent Diesel models' share of new-car sales in Germany plunged 11 percent in February to 43 percent, reflecting similar drops in France and Spain, and may shrink further in months ahead. Buyers are shunning diesel car purchases as Germany discusses driving bans
"02.03.2017 16:48:26" europe.autonews.com Porsche offers a 'practical' car with its first wagon Porsche aims to boost sales of its Panamera by offering a wagon version of the four-door sedan. Porsche says the Panamera Sport Turismo is designed to appeal to customers who want more practicality but are uncomfortable with the thought of owning an SUV. Broadening the Panamera's appeal is part of an expansion plan that also includes launching Porsche's first all-electric sports car by 2020. The design of the Sport Turismo sticks closely to the 2012 concept of the same name.
"02.03.2017 16:46:52" europe.autonews.com Mercedes updates E-class convertible with 4wd, new safety equipment Mercedes will show the fifth and final member of its new E-class family when its four-seat convertible debuts next week at the Geneva auto show. Mercedes' new E-class convertible has grown in dimensions, gaining 123mm in length, almost all of which stems from an extended wheelbase, providing passengers in the rear with 102mm more legroom. To compensate for the reduced body rigidity that stems from
"02.03.2017 16:44:47" europe.autonews.com SsangYong previews seven-seat SUV SsangYong will reveal an SUV concept at the Geneva show that points to a future rival to the Skoda Kodiaq. The Korean automaker describes its XAVL concept as blending the tough looks of an SUV with the practicality of a minivan. SsangYong describes its XAVL concept as blending the tough looks of an SUV with the practicality of a minivan. The concept, which is expected to spawn a seven-seat SUV that would arrive in Europe in 2020, will sit above the Korando compact SUV, due in
"02.03.2017 16:42:32" europe.autonews.com Ford seeks UK cost cuts as Brexit weighs on Europe outlook Ford has initiated labor talks to cut costs at a UK engine plant where more than 1,100 jobs are at risk, as the automaker grapples with the aftermath of Brexit and slowing growth in Europe. Ford is the latest carmaker to flag concerns about the outlook for its presence in the UK, as anxiety over tariffs on imported cars and parts deepen amid Brexit negotiations.
"02.03.2017 16:41:43" europe.autonews.com Jaguar Land Rover wants 'fair' UK support for automakers post-Brexit Jaguar Land Rover CEO Officer Ralf Speth backed Nissan's calls for extra funding for suppliers in the wake of last year's Brexit vote, while cautioning that there must be 'fair play' for all UK-based automakers. The sourcing of parts from the European continent has emerged as a key concern for UK car producers following the Britain's June 23 vote to quit the EU, especially since many components are re-exported and imported again several times during the
"02.03.2017 16:39:40" europe.autonews.com Jaguar Land Rover wants 'fair' UK support for automakers post-Brexit Jaguar Land Rover CEO Officer Ralf Speth backed Nissan's calls for extra funding for suppliers in the wake of last year's Brexit vote, while cautioning that there must be 'fair play' for all UK-based automakers. The sourcing of parts from the European continent has emerged as a key concern for UK car producers following the June 23 vote to quit the EU, especially since many components are re-exported and imported again several times during the manufacturing
"02.03.2017 16:38:08" europe.autonews.com F1 champion Fittipaldi partners with Pininfarina for 600-hp supercar A new sports-car company fronted by the Brazilian racing driver Emerson Fittipaldi will debut its first production model at the Geneva auto show. The Fittipaldi EF7 Vision Gran Turismo, designed by Pininfarina, will be the first of a series of cars from Brazilian racecar driver Emerson Fittipaldi won the Formula One drivers' championship in 1972.
"02.03.2017 16:35:17" europe.autonews.com Suzuki targets younger buyers with new Swift Suzuki aims to give its new Swift hatchback a more 'emotional' appeal to attract younger buyers when the model goes on sale in Europe this summer after its unveiling at the Geneva auto show. The Swift fits below the larger Baleno in Suzuki's range and will appeal to a younger customer group. The hatchback will be more of an "emotional purchase" while the Baleno is more of rational purchase for families wanting a bigger trunk and more rear
"02.03.2017 16:34:18" europe.autonews.com Continental backs higher sales target on self-driving tech Germany's Continental has reinforced expectations for higher sales this year as it says it will benefit from further growth in global auto production and returns on investments in self-driving technology. Continental expects to keep its 2017 margin on adjusted earnings before interest and tax (EBIT) above 10.5 percent, after finishing last year at 10.8 percent.
"02.03.2017 16:33:09" europe.autonews.com Sogefi posts big 2016 profit rise on turnaround plan Italian supplier Sogefi's saw its net profit rise to 9.3 million euros last year, up from 1.1 million euros in 2015, after the company instigated a turnaround plan.
"02.03.2017 16:32:29" europe.autonews.com VW's Oliver Schmidt faces U.S. criminal trial on April 18 A federal judge set for April 18 in Detroit the trial of a former U.S.-based Volkswagen executive charged with crimes related to the company's massive diesel-emissions scandal, but the defense indicated it may seek a postponement. Oliver Schmidt, who was the chief of Volkswagen Group's environmental and engineering center in Michigan, faces 11 felony charges that could put him in prison for up to 169 years if he is convicted.
"02.03.2017 15:24:10" Automotive News Europe's cover photo
"01.03.2017 21:27:15" europe.autonews.com Range Rover aims high with Velar The new Range Rover Velar will be positioned at the top end of the premium market, priced much higher than rivals from BMW, Mercedes and Audi. The SUV 'is the most road-oriented Range Rover we have ever designed,' exterior design director Massimo While Land Rover is renowned for the off-road capabilities of its vehicles, the Velar will aim to appeal to a wide range of buyers. Jaguar Land Rover CEO Ralph Speth said the Velar is a "more car-like Range Rover," but still with SUV capabilities."
"01.03.2017 15:22:30" europe.autonews.com How Opel and PSA are already successfully cooperating Opel's new Crossland X SUV has at first glance many of the characteristics and design features found in the brand's other cars, but look a little closer and its possible to see how GM and PSA have collaborated on the model, using Citroen C3 Aircross If it's up to GM CEO Mary Barra, the Crossland X will mark a new beginning for Opel and its UK sister brand, Vauxhall – one without GM.
"01.03.2017 14:41:15" europe.autonews.com Opel changes its mind, will debut Crossland X in Geneva Opel has decided to show its new Crossland X subcompact crossover, the brand's first collaboration with PSA, at the Geneva auto show next week. Previously Opel had planned to focus all the attention at its Geneva stand on the debuts of its new Insignia Opel originally planned to focus all the attention at its Geneva stand on the debut of its new Insignia midsize family. "Given the current media interest in PSA and Opel, we have now decided to also give the Crossland X its show premiere in Geneva,
"01.03.2017 14:38:38" europe.autonews.com Audi, Porsche, BMW top U.S. magazine brand rankings German automakers dominated a top U.S. magazine's annual ranking of automotive brands, with Audi leading ahead of Porsche and BMW. However, some German brands struggled as the core VW marque and Mercedes dropped down the list.
"01.03.2017 14:37:49" europe.autonews.com Mitsubishi Eclipse Cross will launch first in Europe Mitsubishi will launch its new Eclipse Cross compact SUV in Europe ahead of a roll out in other regions. The automaker released new pictures of the Nissan Qashqai rival prior to its debut at the Geneva auto show. The Eclipse Cross gives Mitusbishi a rival to cars such as the Nissan Qashqai and Volkswagen Tiguan. The car measures 4405mm long to fit above the ASX and below the Outlander in Mitusbishi's SUV range.
"01.03.2017 14:32:31" europe.autonews.com Mercedes will show X-class pickup concept Mercedes will give Geneva auto showgoers a glimpse of its first pickup that's due to go on sale toward the end of the year. The Mercedes pickup will be positioned just above the Volkswagen Amarok in terms of pricing. Mercedes has said that Europe, Latin America, South Africa and Australia will be key markets for the model.
"01.03.2017 14:25:57" europe.autonews.com Daimler looks to startups, small suppliers for innovative ideas Daimler is among automakers looking to establish a new structure of smaller partners and suppliers as they scramble to find a technological edge as cars become increasingly complicated and they face challenges from companies such as Google, Uber and As cars fill up with gadgets -- from gesture-controlled radios to 3D windshield displays -- carmakers are scrambling to find a technological edge.
"01.03.2017 14:12:00" europe.autonews.com Nissan could face $620 million Brexit toll Nissan could face a $620 million hit to profit should the UK fall back on World Trade Organization rules after two years of divorce negotiations with the EU, the first time the automaker has put an estimate on Brexit-related costs. Speaking to lawmakers in the House of Commons in London, Nissan Senior Vice President Colin Lawther said 10 percent tariffs on exports of the automaker's UK-built Qashqai and 2.5 percent to 4.5 percent tariffs on parts, would be "pretty disastrous" as the
"01.03.2017 10:53:21" europe.autonews.com Mercedes will show X-class pickup concept Mercedes will give Geneva auto showgoers a glimpse of its first pickup that's due to go on sale toward the end of the year.
"01.03.2017 10:52:54" europe.autonews.com Audi, Porsche, BMW top U.S. magazine brand rankings German automakers dominated a top U.S. magazine's annual ranking of automotive brands, with Audi leading ahead of Porsche and BMW. However, some German brands struggled as the core VW marque and Mercedes dropped down the list.
"01.03.2017 10:52:33" europe.autonews.com Daimler looks to startups, small suppliers for innovative ideas Daimler is among automakers looking to establish a new structure of smaller partners and suppliers as they scramble to find a technological edge as cars become increasingly complicated and they face challenges from companies such as Google, Uber and
"01.03.2017 10:52:12" europe.autonews.com Barra 'exploring opportunities' for Opel with PSA GM CEO Mary Barra said the automaker is exploring opportunities with PSA Group, but declined to discuss a potential sale of its money-losing European Opel unit.
"01.03.2017 10:51:53" europe.autonews.com How Opel and PSA are already successfully cooperating Opel's new Crossland X SUV has at first glance many of the characteristics and design features found in the brand's other cars, but look a little closer and its possible to see how GM and PSA have collaborated on the model, using Citroen C3 Aircross
"28.02.2017 21:59:15" autonews.com EU parliament says governments delayed new rules on car emissions European governments delayed stricter emissions tests by six years and did not do enough to uncover cheating by automakers, a European Parliament report into VW Group's diesel emissions scandal said. A European Parliament report into the diesel emissions scandal blamed the European Commission for failing to scrutinize governments' legal obligation to enforce a ban on so-called defeat devices, which can scale back car exhaust pollution under certain
"28.02.2017 21:55:42" europe.autonews.com PSA's DS brand unveils upscale SUV DS Automobiles, PSA Group's upscale brand, unveiled the DS 7 Crossback, its new flagship SUV. The model is a crucial launch for DS, which has struggled to gain a foothold since it was established to challenge Audi, BMW and Mercedes. PSA is emphasizing the DS 7 Crossback's luxury features and options, including five different interior "ambiences" and materials and details "inspired by haute couture."
"28.02.2017 21:54:35" europe.autonews.com Renault reveals name of its new sports car: A110 Renault will call its Alpine sports car the A110. The coupe will rival the Porsche 718 Cayman and Audi TT, and provide a halo effect across Renault's lineup. Renault revealed the name and released pictures of the Alpine A110 ahead of the car's unveiling at the Geneva auto show on March 7. The A110 has a full aluminum platform and upper body for optimum weight saving and agility, Renault said.
"28.02.2017 21:53:19" europe.autonews.com Barra 'exploring opportunities' for Opel with PSA GM CEO Mary Barra said the automaker is exploring opportunities with PSA Group, but declined to discuss a potential sale of its money-losing European Opel unit. Reports in Europe have suggested GM could have a deal with PSA as early as next week, but GM CEO Barra declined to discuss a timetable.
"28.02.2017 21:52:35" europe.autonews.com Nissan calls for government help to meet 'Made in Britain' rule Nissan wants the British government to help it source more components in Britain to ensure the carmaker complies with 'rules of origin' if the country leaves the European Union's customs union.
"28.02.2017 21:46:06" europe.autonews.com Volvo's new XC60 pushes it closer to 2 key goals Volvo will use the new XC60 to move closer to two of its midterm goals: having a fully autonomous car on the road in 2021 and making sure no one is killed or seriously injured in one of its new vehicles by 2020. The second generation of Volvo's global The XC60's City Safety system has been updated to include steering assistance, which engages when automatic braking alone would not help avoid a potential collision with another vehicle, pedestrians or large animals. The steering support is active between
"28.02.2017 09:25:08" europe.autonews.com Takata pleads guilty to U.S. fraud charge linked to faulty airbags Takata pleaded guilty to a felony charge as part of an expected $1 billion deal with the Justice Department that includes compensation funds for automakers and victims of its faulty airbag inflators. The plea removes a major obstacle to the potential sale #Takata guilty plea:
"28.02.2017 09:24:29" europe.autonews.com Nissan conducts first autonomous car tests on European roads Nissan has started its first European tests of an autonomous vehicle in London using a modified Leaf EV. The UK has been wooing developers of autonomous vehicles as it estimates the market could be worth 900 billion pounds worldwide by 2025. #Nissan to conduct first autonomos car tests on European roads:
"27.02.2017 21:36:29" europe.autonews.com Brexit could count against U.K. as base for electric Mini, report says Uncertainty about post-Brexit tariffs makes it harder for BMW to choose Britain as a production hub for an electric Mini, Reuters reported. BMW will review potential production locations in Germany, Britain and the Netherlands for manufacturing a Updated Story:
"27.02.2017 21:32:54" europe.autonews.com Daimler picks U.S. trucks chief Daum to replace Bernhard Daimler AG has appointed the head of its North American trucks division to run group-wide truck operations, replacing departed chief Wolfgang Bernhard.
"27.02.2017 16:36:35" europe.autonews.com VW's Seat sees strong 2017 sales after jump in first two months VW Group's Seat brand expects strong sales this year after deliveries grew by double-digit percentages in the first two months, thanks to new models and demand from southern Europe.
"27.02.2017 15:20:42" europe.autonews.com Can Continental score big with 48-volt hybrids? Continental's previous hybrid solutions failed to win over automakers because they were too 'exotic,' the supplier's powertrain boss, Jose Avila, says. But now the supplier has turned to 48-volt mild hybrids as an affordable solution to help combat
"27.02.2017 09:23:42" autonews.com Peugeot concept highlights self-driving, connectivity advances Peugeot will highlight its autonomous technology at the upcoming Geneva auto show with a self-driving, shooting brake concept car called the Instinct.
"27.02.2017 09:23:20" europe.autonews.com Can Continental score big with 48-volt hybrids? Continental's previous hybrid solutions failed to win over automakers because they were too 'exotic,' the supplier's powertrain boss, Jose Avila, says. But now the supplier has turned to 48-volt mild hybrids as an affordable solution to help combat
"27.02.2017 09:23:02" europe.autonews.com BMW may build Mini EV in Germany instead of UK, paper says BMW may build a Mini EV in Germany instead of the UK in response to plans by Britain to leave the EU's single market, a German paper reported.
"27.02.2017 09:22:33" europe.autonews.com Bentley mulls small electric SUV below Bentayga Bentley is eyeing a new strategy for both its SUV lineup and its electrification plans: combining them.
"27.02.2017 09:22:05" europe.autonews.com Ghosn's Nissan successor will have work to do Carlos Ghosn is handing the CEO reins for a vastly improved Nissan. Despite nearly two decades of gains, Nissan still has much to work on.
"27.02.2017 09:21:30" europe.autonews.com Trump administration re-evaluating self-driving car guidance U.S. Transportation Secretary Elaine Chao is reviewing self-driving vehicle guidance issued by the Obama administration. She urged companies to explain the benefits of automated vehicles to a skeptical public.
"24.02.2017 19:37:09" europe.autonews.com VW caps executive pay, tightens bonus eligibility VW is shaking up its executive pay with a cap on earnings as it looks to quell widespread anger over bonuses paid even as the carmaker suffered record losses in the aftermath of its emissions scandal.
"24.02.2017 19:36:44" europe.autonews.com VW's profit boost clouded by $6.8 billion diesel-crisis charge VW Group's provisions for its diesel scandal increased by 6.4 billion euros ($6.8 billion) last year. The costs overshadowed improving business as VW's operating profit rose to 14.6 billion euros, helped by record sales of Audi and Porsche cars.
"24.02.2017 17:41:54" europe.autonews.com Aston Martin's losses accelerate; new DB11 brings surge to sales Aston Martin reported a sharp rise in losses, failing to turn a profit for the sixth year running, but said the launch of the DB11 caused sales to surge at the end of 2016.
"24.02.2017 17:41:26" europe.autonews.com VW's refusal to compensate diesel owners leaves EU consumer chief 'desperate' The EU's consumer affairs chief said VW Group's failure to compensate European customers hit by the automaker's emissions-rigging scandal has made her feel 'desperate.'
"24.02.2017 16:39:06" europe.autonews.com Tavares offers UK union reassuring words on Vauxhall plants PSA CEO Carlos Tavares played down the threat to British plants as he discussed his potential takeover of General Motors' European operations during a visit to London.
"24.02.2017 14:24:25" europe.autonews.com GM said to demand non-compete clauses in return for Opel patents GM has told PSA it would only sell licenses for the manufacture of Opel cars to the French company if it agreed not to sell them in North America, Russia or China, a German magazine reported. Opel would only be allowed to sell new models in those markets
"24.02.2017 14:24:07" europe.autonews.com GM, PSA haggle over $9 billion pension gap, report says As GM tries to sell its European business to PSA, one issue looms large: how the companies will manage an underfunded pension plan. GM's pension plan for Opel and Vauxhall is underfunded by about $9 billion, according to Bloomberg. PSA would like GM to
"24.02.2017 13:16:51" europe.autonews.com VW brand chief Diess gets backing from Porsche-Piech clan, report says Volkswagen Group's embattled VW brand chief Herbert Diess still has the backing of the clan that controls the carmaker, despite his recurring clashes with labor leaders over cost-cutting plans, Reuters reported.
"24.02.2017 13:16:25" europe.autonews.com Audi supervisory board backs CEO Stadler Audi's supervisory board backed CEO Rupert Stadler, saying allegations brought against him by a former Audi employee suing for wrongful termination were not accurate.
"24.02.2017 13:16:06" europe.autonews.com Mercedes mulls U.S. potential for its new pickup Mercedes-Benz Vans division is looking closely at a growing demand in the United States for midsize pickups to see whether there is potential to launch its X class in the market, divisional head Volker Mornhinweg said.
"24.02.2017 13:15:46" europe.autonews.com PSA has 'track record' to turn around Opel/Vauxhall, Tavares says PSA CEO Carlos Tavares offered a robust justification for a potential deal to buy GM's Opel/Vauxhall business, saying his company has the track record and expertise to turn around GM's European operations, which has continued to lose hundreds of millions
"24.02.2017 13:15:25" europe.autonews.com How Spain could deliver swift savings in PSA-Opel deal Spain is the only European country where PSA's production overlaps with that of Opel, and the market could deliver the quick cost savings sought by the French automaker to convince investors to back its planned acquisition of GM's European unit.
"23.02.2017 17:12:19" europe.autonews.com VW board expected to support Audi's Stadler despite criticism over scandal Audi CEO Rupert Stadler is expected to win the backing of top officials at the carmaker and parent company Volkswagen Group this week, despite criticism of his handling of the group's emissions scandal, two sources close to the matter said.
"23.02.2017 17:11:34" europe.autonews.com PSA-Opel deal promises Big Bang in small cars, report says PSA plans an engineering blitz to redevelop Opel's core models with its own technology if it succeeds in buying GM's European arm, Reuters reported. PSA wants to build the next Corsa subcompact car on the same architecture as its Peugeot 208 and Citroen Big Bang in small cars; according to reports. #PSA #Opel deal
"23.02.2017 15:08:34" europe.autonews.com PSA could sell Opel cars outside of Europe PSA Group CEO Carlos Tavares laid out his vision for Opel that includes expanding the German brand outside its European home market.
"23.02.2017 15:08:18" europe.autonews.com PSA ready for 'opportunities' as profit gain helps Opel stance PSA's earnings jumped 18 percent last year on cost cuts, underscoring the automaker's revival and helping its efforts to buy GM's struggling European operations.
"23.02.2017 15:07:57" europe.autonews.com Tavares talks about Opel/Vauxhall jobs with Germany's Merkel and UK's May UK Prime Minister Theresa May and German Chancellor Angela Merkel have both spoken with PSA CEO Carlos Tavares in the last few days as the executive looks likely to preside over a deal with Opel/Vauxhall that may put UK and German car jobs at risk.
"23.02.2017 15:07:41" europe.autonews.com PSA's Tavares says Opel deal would find 'speedy' savings PSA's proposed acquisition of Opel would swiftly create savings and value for both companies, PSA CEO Carlos Tavares said. PSA could attract new customers currently reluctant to buy French cars, while generating savings from shared technical
"23.02.2017 15:07:15" europe.autonews.com Brexit-induced fall in pound left Nissan slightly worse off in UK Nissan said the Brexit-induced fall in the pound, which dropped by some 15 percent against the euro after the June 23 referendum, had left it slightly worse off in the UK after the extra cost of importing euro-denominated parts outweighed the currency
"23.02.2017 15:06:52" europe.autonews.com Kia counts on loyal buyers for new Picanto Kia hopes customer loyalty, along with new connectivity and safety features, will help lift sales of the Picanto in the price-sensitive minicar segment.
"23.02.2017 15:06:29" europe.autonews.com Audi CEO won't be fired despite criticism over diesel scandal, report says Audi CEO Rupert Stadler is not facing immediate dismissal by the automaker's supervisory board, two sources said, despite growing criticism of his role in Volkswagen Group's emissions scandal.
"23.02.2017 11:11:24" europe.autonews.com PSA's Tavares says Opel deal would find PSA's proposed acquisition of Opel would swiftly create savings and value for both companies, the French carmaker's CEO Carlos Tavares said. A deal would help PSA attract new customers reluctant to buy French cars, while generating savings from shared
"23.02.2017 09:55:24" europe.autonews.com UK car production reaches 9-year high in January UK car production rose by an annual 7.5 percent in January to hit its highest level since 2008, as strong demand for exports compensated for a decline in demand at home, according to data from the SMMT industry body. UK car production hits 9-year high in January:
"23.02.2017 09:51:06" europe.autonews.com Ghosn will focus on Renault, Mitsubishi; steps down as Nissan CEO Carlos Ghosn is stepping down as Nissan CEO, having driven the Renault-Nissan Alliance to new heights with the acquisition of Mitsubishi. Hiroto Saikawa will become sole CEO. Ghosn will retain his roles as chairman and CEO of Renault and of the #Ghosn steps down as #Nissan CEO:
"23.02.2017 09:50:28" europe.autonews.com PSA's 18% profit jump bolsters company amid GM deal talks PSA's earnings jumped 18 percent last year on cost cuts, underscoring the French carmaker's revival and buoying its efforts to buy General Motors' struggling European operations. #PSA's earnings jumped 18%; bolsters company amid #GM deal talks:
"23.02.2017 09:49:08" europe.autonews.com PSA takes first steps to U.S. market entry with ride-sharing service PSA will be a partner in TravelCar, a ride-sharing service set to begin in April at airports in San Francisco and Los Angeles, as the automaker takes the first steps toward re-entering the North American market.
"22.02.2017 20:53:51" Automotive News Europe's cover photo
"22.02.2017 20:51:26" europe.autonews.com German lawmakers call for inquiry into VW compliance chief exit Lawmakers from Volkswagen's home region called for an inquiry into the sudden departure of the carmaker's compliance chief last month, saying they were concerned the supervisory board was not overseeing the business effectively.
"22.02.2017 20:51:05" europe.autonews.com Volkswagen said to renew India push with Tata alliance talks VW Group is in advanced talks to team up with Tata Motors as the German automaker takes another stab at India's fast-growing demand for cars, Bloomberg reported. Competition for India's booming market of middle-class drivers is intensifying, with global
"22.02.2017 20:50:46" europe.autonews.com PSA sets sales and savings goals for Opel deal, report says PSA expects its planned acquisition of GM's Opel/Vauxhall division to lead to combined sales of 5 million vehicles by 2022 and save as much as $2.1 billion annually, Reuters reported. PSA plans to make swift progress on technical convergence, bringing new
"22.02.2017 13:11:33" europe.autonews.com German court bars discussion of emissions documents in Audi case A German labor court barred the public disclosure of documents relating to Volkswagen Group's emissions scandal during a hearing for wrongful dismissal brought by Ulrich Weiss, a former engineer at Audi, after the VW unit's lawyer requested
"22.02.2017 13:11:15" europe.autonews.com PSA seeks Southeast Asia expansion with Proton bid PSA confirmed it had submitted a bid for a partnership with Proton, putting the French automaker in a potential bidding war for the ailing Malaysian owner of the UK-based Lotus Cars unit. China's Zhejiang Geely Holding has also made an offer for Proton,
"22.02.2017 13:10:57" europe.autonews.com Stuttgart will ban some diesel cars from city center Stuttgart, home to German automakers Mercedes and Porsche, will ban from next year diesel cars which do not meet the latest Euro 6 emissions standards from entering the city on days when pollution is heavy.
"22.02.2017 13:10:37" europe.autonews.com High-end G class is first off-roader for Mercedes-Maybach Mercedes is adding an open-top G class to the Maybach family. Production of the Mercedes-Maybach G650 Landaulet will be limited to 99 vehicles.
"22.02.2017 13:10:04" europe.autonews.com Italdesign launches new division for limited-edition models Italdesign has formed a business division to build limited-edition supercars. The new unit will unveil its first car, a $1.6 million coupe, at the Geneva auto show next month.
"22.02.2017 13:09:39" europe.autonews.com Range Rover will add Velar as Porsche Macan rival Land Rover confirmed Velar as the name for a new SUV that will be a rival to the Porsche Macan. The Velar will be the fourth member of the Range Rover family and will be positioned between the Evoque and the Range Rover Sport. #RangeRover to add #Velar; rival for #PorscheMacan
"21.02.2017 21:05:30" europe.autonews.com BMW, Mobileye in deal to collect map data for self-driving cars BMW and Mobileye signed an agreement to install Mobileye's data generation technology in BMW cars starting with 2018 models.
"21.02.2017 17:47:22" europe.autonews.com PSA says it will honor existing Opel job guarantees PSA Group told German Chancellor Angela Merkel that it would uphold Opel and Vauxhall job guarantees if it buys the GM's European arm, though some analysts say thousands of job losses are likely eventually.