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"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.
"21.02.2017 16:38:49" autonews.com Once upon a time, Opel was GM's little engine that could Europe has been a drain on General Motors for a long time, but Opel did have its glory days and at least once helped keep GM afloat. Automotive News Print Editor RIck Johnson was there when it happened.
"21.02.2017 15:44:59" europe.autonews.com Daimler will open Russia plant in 2019 Daimler will establish its first factory in Russia to build SUVs and the E-class sedan. The factory, located northwest of Moscow, will open in 2019, the automaker said. #Daimler to open plant in Russia:
"21.02.2017 15:44:19" europe.autonews.com VW softens some cost cut demands, workers say VW Group has rowed back on some demands for larger cost cuts than previously agreed with unions at its core VW brand, the company's labor bosses works, as both sides seek to end a dispute over implementing a turnaround plan.
"21.02.2017 12:55:35" europe.autonews.com Geely, PSA will bid for Lotus owner Proton, reports say Chinese automaker Geely and France's PSA Group are expected for struggling Malaysian carmaker Proton Holdings, owner of the UK sports-car maker Lotus, reports said.
"21.02.2017 12:53:57" europe.autonews.com China's Techrules will debut Giugiaro-styled supercar Chinese startup Techrules will debut a supercar at the Geneva auto show next month styled by Italian designers Giorgetto Giugiaro and his son Fabrizio. The as yet unnamed car will be the production version of the 1,030-hp GT96 concept unveiled in Geneva #Giugiaro-styled supercar about to debut:
"21.02.2017 12:53:05" europe.autonews.com British buyers jump into pickups The vacuum left by the death last year of Land Rover's utilitarian Defender has been quickly filled in the UK by one of the country's fastest-growing segments: the pickup. Pickups hot in Britain:
"21.02.2017 12:52:26" europe.autonews.com Incentive squeeze zaps Netherlands' electrified sales What happens if a government yanks generous incentives to buy electrified cars? Sales crash. At least they do in the Netherlands.
"21.02.2017 12:51:51" europe.autonews.com PSA willing to stick to labor agreements at Opel PSA said it would adhere to labor agreements at Opel. It also expressed its willingness to cooperate with Opel's works council to safeguard jobs if the French automaker buys the business from GM. #PSA willing to stick to labor agreements at #Opel:
"21.02.2017 09:52:20" europe.autonews.com VW may face UK emissions probe after politicians plan German fact-finding trip Volkswagen Group could face a government investigation over its diesel scandal in the UK after British government ministers plan to travel to Germany next month to quiz their opposite numbers over the emissions cheating.
"20.02.2017 17:45:45" europe.autonews.com VW, unions make headway in talks over turnaround plan VW's labor bosses and top executives are making headway in talks to resolve a dispute over the implementation of a turnaround plan. Labor leaders earlier this month halted cooperation with management on issues including overtime work and accused
"20.02.2017 17:45:23" europe.autonews.com Audi fires 4 engineers from diesel division Audi, which has been caught up in parent VW Group's emissions-cheating scandal, has fired four engineers from its diesel division. The dismissed engineers include the automaker's engine development chief and a former head of emissions in the U.S., a UPDATED Story:
"20.02.2017 16:13:18" europe.autonews.com Audi fires 4 engineers from diesel unit Audi, which has been caught up in parent VW Group's emissions-cheating scandal, has fired four engineers from its diesel division. The dismissed engineers include the automaker's engine development chief and a former head of emissions in the U.S., a #Audi fires 4 engineers from diesel unit:
"20.02.2017 16:12:37" europe.autonews.com China's Geely to bid for Lotus owner Proton, report says Chinese automaker Geely is expected to bid as early as this week for a strategic partnership with struggling Malaysian carmaker Proton, owner of the UK sports-car maker Lotus, Reuters reported.
"20.02.2017 13:50:04" europe.autonews.com UK union fears grow over future of GM's Vauxhall plants, report says PSA Group CEO Carlos Tavares will meet union chiefs amid growing concerns over the future of Vauxhall plants if the French automaker buys the business from GM, Reuters reported. German media reports suggested PSA will continue production at Opel's German
"20.02.2017 13:49:10" europe.autonews.com Ford's big Russia gamble pays off as sales finally rise Ford has become the first major foreign automaker in Russia to see sales grow after three bad years, potentially vindicating its decision to double down on a notoriously volatile market when rivals including General Motors decided to quit. #Ford's sales in Russia rise:
"20.02.2017 13:48:33" europe.autonews.com How Ford found a recipe for profits in Europe GM hasn't made money in Europe since former U.S. President Bill Clinton was in office. If the world's third-largest automaker fails to unload its European division on PSA, it could look to its rival Ford for an example of how to make things work in the
"20.02.2017 13:48:08" europe.autonews.com VW Group sales rise 5% in January despite China, Brazil losses VW Group's global vehicle sales rose 5 percent last month as growth in Europe and the U.S. helped offset steep declines in China and Brazil.
"20.02.2017 13:47:47" europe.autonews.com Marchionne: Alfa to get 2 more crossovers Fiat Chrysler CEO Sergio Marchionne says Alfa Romeo will soon have two more crossovers positioned below and above the Stelvio, the brand's first SUV. #Marchionne; #Alfa; two more crossovers planned:
"20.02.2017 13:45:37" europe.autonews.com PSA's takeover plan has analysts puzzled Carlos Tavares, PSA Group's energetic CEO, made a promise when he took over the struggling automaker in 2014: Let us fix the business, then we can look to forge partnerships that foster our growth. He's done the first part. Analysts puzzled y #PSA takeover plan:
"19.02.2017 15:58:44" europe.autonews.com PSA may vow to maintain Opel sites as CEO Tavares tours for support PSA CEO Carlos Tavares will meet with UK and France government leaders this week to discuss the potential purchase of GM's Opel and Vauxhall brands. To win support for the takeover, PSA will pledge to maintain Opel's independence, honor existing
"19.02.2017 15:58:16" europe.autonews.com PSA's Tavares will meet British PM about planned Vauxhall takeover PSA Group CEO Carlos Tavares will meet British Prime Minister Theresa May to discuss the automaker's planned acquisition of Opel and Vauxhall. Vauxhall plants in the UK are at risk if the takeover goes ahead and Britain has offered PSA assurances on
"18.02.2017 13:23:57" europe.autonews.com Why leave Europe's car market? So many reasons. Why is GM looking for a way out of Europe? That's easy. While home to many of the oldest and most venerable car brands in the world, Europe may also be the most brutally competitive and demanding market, with a complicated patchwork of regulations under
"18.02.2017 13:23:15" europe.autonews.com Once Buick's lifeline, Opel isn't so crucial anymore GM has already gotten more out of Opel for Buick than many ever would have imagined eight years ago -- the last time the automaker nearly sold the German carmaker.
"18.02.2017 13:22:43" europe.autonews.com Opel CEO sees PSA takeover as creating 'European champion,' paper says A takeover of GM's European arm, Opel, by PSA would make sense from an industrial point of view, a German newspaper reported, citing comments by Opel CEO Karl-Thomas Neumann in a letter to employees. #Opel CEO sees #PSA takeover as creating a European champion; according to paper:
"18.02.2017 13:21:33" europe.autonews.com Nissan gives Micra a diesel to better battle VW Polo, Ford Fiesta Despite falling demand for diesels, Nissan decided to offer the powertrain in its new Micra in Europe. Nissan's head of planning, Philippe Klein, explained why in an interview with Automotive News Europe. #Nissan gives #Micra a diesel:
"17.02.2017 19:39:14" europe.autonews.com GM, PSA said to value Opel at $2 billion as talks advance GM and PSA are discussing a valuation for GM's Opel unit of about $2 billion as the automakers push to reach an agreement as soon as the end of next week, sources told Bloomberg.
"17.02.2017 16:32:33" autonews.com Will cockpits of tomorrow require one-stop suppliers? As automakers consider how to build self-driving vehicles, seat suppliers are reconsidering an old idea -- becoming one-stop cockpit integrators.
"17.02.2017 16:30:38" europe.autonews.com Opel CEO says sale to PSA would start new chapter, report says A takeover of GM's European arm, Opel, by PSA would make sense from an industrial point of view, a German newspaper reported, citing comments by Opel CEO Karl-Thomas Neumann in a letter to employees.
"17.02.2017 16:30:07" europe.autonews.com PSA's bid for Opel offers chance to thrive in tough Europe PSA's bid to create a European auto giant by acquiring GM's European unit may be the best chance Peugeot, Citroen and Opel have to thrive as high-volume, low-margin manufacturers.
"17.02.2017 13:38:28" europe.autonews.com PSA will be allowed to license GM's EV technology, report says General Motors will make available its electric-car technology to PSA if a deal to sell GM's Opel/Vauxhall business to the French automaker goes through, a German magazine reported.
"17.02.2017 13:37:58" europe.autonews.com France pledges daily contacts with UK, Germany on PSA-Opel deal France says it will evaluate the proposed sale of General Motors' Opel division to PSA in close daily consultation with the German and UK governments after saying it too learned of the announcement in the press.
"17.02.2017 13:37:28" europe.autonews.com Audi China dealers demand $4 billion to cover sales losses Audi dealers in China are demanding 28 billion yuan ($4 billion) to cover losses over the past three years that they blame on the automaker adding too many distributors, potentially worsening a sales decline that saw BMW and Mercedes overtake the luxury
"17.02.2017 13:37:04" europe.autonews.com BMW could shift car production to U.S. from Germany to avoid tariff BMW could conceivably shift some car production from Germany to its U.S. crossover plant if President Donald Trump follows through on threats to erect high barriers to trade.
"17.02.2017 13:36:32" europe.autonews.com Aston Martin looks to leverage Daimler technology without being bought Cooperation with a larger automaker and gaining access to large automaker technologies is Aston Martin's path to future success, CEO Andy Palmer told the first Automotive News Canada Congress Story includes correction:
"17.02.2017 10:58:01" europe.autonews.com Vauxhall future uncertain after GM-PSA deal and Brexit vote Less than 12 months after the UK's vote to leave the EU, Vauxhall's future is uncertain as GM mulls the sale of its European arm to PSA -- a move that may have been triggered by the Brexit vote.
"17.02.2017 10:16:33" europe.autonews.com Hyundai gives i30 a tech boost The Hyundai i30's success has been important in boosting the brand's European growth in the past 10 years and to improve the hatchback's competitiveness in the compact segment, the automaker has added so many extras to the latest model that it claims the
"17.02.2017 10:14:51" europe.autonews.com Aston Martin looks to leverage Daimler technology without being bought Cooperation with a larger automaker and gaining access to large automaker technologies is Aston Martin's path to future success, CEO Andy Palmer told the first Automotive News Canada Congress
"17.02.2017 10:14:28" europe.autonews.com Kia steps up product offensive in Europe Kia is stepping up its product offensive in Europe with the launches of new models such as a small SUV, a sporty sedan and replacements for its Rio and Picanto cars. The brand plans to introduce 22 new or replacement models, facelifts and derivatives in
"17.02.2017 10:14:07" europe.autonews.com Brexit puts Vauxhall at risk after PSA deal Less than 12 months after the UK's vote to leave the EU, Vauxhall's future is uncertain as owner General Motors mulls the sale of its unprofitable European arm to France's PSA -- a move that may have been triggered by the Brexit vote.
"17.02.2017 10:13:39" europe.autonews.com UK says PSA wishes to build on Vauxhall's success PSA has told the UK government it would seek to build on the strengths of the Vauxhall business if the company buys it. However two sources close to PSA said plant cuts were part of discussions to buy GM's Opel and Vauxhall brands, with UK sites in the
"16.02.2017 19:20:06" europe.autonews.com German economy minister expects PSA/Opel deal to go through German Economy Minister Brigitte Zypries expects a deal between PSA and GM's Opel unit. German officials had held talks with senior managers in the two companies, she said.
"16.02.2017 18:45:00" europe.autonews.com GM tries to reassure UK, Germany over PSA-Opel talks GM played down the possibility of large-scale factory closures in Germany and Britain following any deal to sell its European brands to PSA, according to officials in both countries. However, PSA sources said plant closures were part of the automaker's
"16.02.2017 15:50:58" europe.autonews.com GM will not British business minister Greg Clark said he had been reassured by GM that the automaker did not intend to 'rationalize' its Vauxhall operations. Clark made the comments after meeting with GM to discuss its plan to sell Opel/Vauxhall to PSA Group.
"16.02.2017 15:50:24" autonews.com Ferrari will unveil fastest series car to date Ferrari will debut the 812 Superfast, its most powerful series production car to date. The mid-front-engine sports car is an updated version of the F12 berlinetta fitted with an enlarged variant of that model's naturally aspirated V-12 engine that
"16.02.2017 12:44:58" Automotive News Europe's cover photo
"16.02.2017 12:41:13" europe.autonews.com VW said to reduce Passat output in Germany due to parts shortage VW has been forced to reduce production of Passat cars at its Emden plant in Germany because of a shortage of components caused by a fire at one of its suppliers, a report said.
"16.02.2017 11:10:14" europe.autonews.com Opel, PSA lag rivals as Europe sales rise 10% in January Opel and PSA posted weaker European sales in January than their rivals amid discussions of a possible purchase of the GM unit by the French automaker. Europe registrations rose 10 percent last month, driven by extra selling days and robust demand in
"16.02.2017 11:09:53" europe.autonews.com Hyundai, Kia launch captive finance arm in Germany Hyundai and Kia plan to support their new-car sales in Europe by launching a captive financial services business, breaking away from partner Santander and starting with the foundation of a bank in Germany.
"16.02.2017 11:09:33" europe.autonews.com Aston Martin expects return to profitability in 2018 Aston Martin CEO Andy Palmer expects a return to profitability in 2018 as the money-losing automaker invests heavily to update existing models and develop several new vehicles through 2019.
"16.02.2017 11:09:09" europe.autonews.com PSA buys Ambassador nameplate to win in India PSA has bought the rights to the Ambassador nameplate as part of its plan to return to India after a 20-year absence and win over local car buyers who are unfamiliar with the Peugeot marque. The Ambassador brand is best known for the Hindustan sedan,
"16.02.2017 11:08:31" europe.autonews.com PSA intends to keep Opel as a German brand, reports say PSA Group CEO Carlos Tavares intends to keep Opel as a German company if the French automaker acquires the brand from GM, reports said. Tavares also is open to maintaining Opel's current management structure, the reports said. #PSA wants #Opel to remain a German brand, according to reports:
"16.02.2017 11:07:32" europe.autonews.com Fiat Chrysler shares jump on GM speculation; Barra still not interested Fiat Chrysler shares have outpaced GM in the initial aftermath of a potential Opel sale, amid fresh speculation the two could combine. The problem: GM CEO Mary Barra still isn't interested.
"15.02.2017 17:38:30" europe.autonews.com GM, PSA bosses defend Opel deal under political fire GM and PSA mobilized their CEOs to defend the PSA's planned acquisition of GM's Opel against a German-led backlash that could derail the deal even before its terms are finalized. UPDATED Story:
"15.02.2017 16:47:01" europe.autonews.com Toyota sees plug-in hybrids catching on faster than conventional hybrids Toyota's chairman, who led the development of the Toyota Prius, expects the latest plug-in hybrid vehicles will catch on with consumers far more rapidly than the original Prius did. #Toyota sees plug-in hybrids catching on faster than conventional ones:
"15.02.2017 14:08:28" europe.autonews.com GM, PSA bosses try to sell Europe deal amid German, UK worries General Motors and PSA Group bosses are striving to calm worried governments in Germany and the UK over their plans for the French automaker to buy GM's European business Opel/Vauxhall. A hard sell...
"15.02.2017 14:07:29" europe.autonews.com Opel CEO mulls making the automaker into a pure electric brand, report says Opel CEO Karl-Thomas Neumann has been working on a strategy to turn the automaker into an electric car only brand in parallel to parent GM discussing a potential sale of the division to PSA, a German business magazine reported, citing company sources. #Opel CEO considers making the automaker into a pure electric brand, report says:
"15.02.2017 11:13:10" europe.autonews.com PSA's Tavares shifts to expansion mode with eye on Opel deal The auto racer leading PSA is entering the passing lane. CEO Carlos Tavares is exploring an acquisition of GM's Opel/Vauxhall European operations, a step that would vault PSA past Renault into the No. 2 spot among the region's automakers, behind VW Group. UDATE: Possible Merkel meeting:
"15.02.2017 10:45:47" europe.autonews.com GM CEO Barra at Opel HQ for talks with management General Motors CEO Mary Barra and President Dan Ammann are at Opel's headquarters in Ruesselsheim, Germany, after PSA and GM on Tuesday said they were exploring a potential deepening of strategic initiatives, including a sale of Opel to the French
"15.02.2017 09:48:49" europe.autonews.com Barra's move to sell Opel signals deeper change at GM If General Motors CEO Mary Barra succeeds in concluding a deal with PSA, she will have delivered in an unexpected way on her promise to have GM “disrupt ourselves” rather than wait to be jolted by outside forces.
"15.02.2017 09:47:56" europe.autonews.com PSA's Tavares shifts to expansion mode with eye on Opel deal The auto racer leading PSA is entering the passing lane. CEO Carlos Tavares is exploring an acquisition of GM's Opel/Vauxhall European operations, a step that would vault PSA past Renault into the No. 2 spot among the region's automakers, behind VW Group.
"14.02.2017 21:44:59" europe.autonews.com How a GM sale of Opel could open door to purchase of FCA Removing Opel from GM's brand offerings could, ironically, make it more attractive for GM to purchase all or parts of FCA, which is still actively seeking a merger partner. That is, if GM were interested.
"14.02.2017 21:44:28" europe.autonews.com GM looks to sell European unit to PSA seven years after aborted deal GM and PSA said they are discussing a potential sale of Opel to PSA. GM had a deal to unload its money-losing European division in 2009 before backing out at the last minute, saying its prospects there had improved.
"14.02.2017 21:44:07" europe.autonews.com PSA's plan to acquire Opel hits potential German hurdle PSA's proposal to buy Opel ran into a potential hurdle in Germany, with politicians and labor leaders vowing to protect jobs and the unit's manufacturing footprint in the country. However France voiced support for PSA's plan.
"14.02.2017 21:43:40" autonews.com GM's talks to sell Opel are a blow to best management team in years GM's confirmation that it is discussing selling its Opel/Vauxhall business to PSA Group is a blow for Opel CEO Karl-Thomas Neumann and the best management team the unit has had in years.
"14.02.2017 21:43:06" europe.autonews.com VW, Bosch diesel settlements receive preliminary court approval A U.S. judge granted preliminary approval of a VW settlement to pay at least $1.22 billion to fix or buy back nearly 80,000 polluting 3.0 liter diesel-engine vehicles. U.S. District Judge Charles Breyer also granted preliminary approval to Bosch's
"14.02.2017 16:57:40" europe.autonews.com Daimler to focus on electric Smart cars in U.S., Canada Daimler will stop selling combustion engine Smart cars in the U.S. and Canada and focus the brand on electric versions of the Smart ForTwo models in the two markets as sales at the brand fell 16 percent in the U.S. last year.
"14.02.2017 16:57:17" europe.autonews.com Tata Motors posts 96% profit plunge as Land Rover sales decline Tata Motors has reported a 96 percent fall in net profit for its third quarter, citing sharply lower earnings at its Jaguar Land Rover unit and losses in its domestic business.
"14.02.2017 16:56:54" europe.autonews.com Zetsche's Daimler pay drops 21% in 2016 Daimler CEO Dieter Zetsche's total pay including bonuses dropped 21 percent to 7.6 million euros last year. Including share awards, his total compensation was 13.8 million euros.
"14.02.2017 16:56:31" europe.autonews.com Nissan, BMW, Porsche face fuel economy probes in S. Korea South Korea has filed a complaint against Nissan alleging the automaker manipulated the fuel economy test results of its Infiniti Q50. BMW and Porsche are also being investigated. The latest action comes after sales of some Nissan, BMW and Porsche cars
"14.02.2017 16:55:56" europe.autonews.com Nissan, BMW, Porsche face fuel economy probes in S. Korea South Korea has filed a complaint against Nissan alleging the automaker manipulated the fuel economy test results of its Infiniti Q50. BMW and Porsche are also being investigated. The latest action comes after sales of some Nissan, BMW and Porsche cars
"14.02.2017 16:55:32" europe.autonews.com Daimler strikes EV agreement with workers at German plant Daimler has struck an agreement with workers at Mercedes's biggest transmission factory in Germany, under which work on electric vehicles will be based at the plant. The Untertuerkheim transmission site, which employs 19,000 people, would be particularly
"14.02.2017 16:55:10" europe.autonews.com Grammer to sell stake to Ningbo Jifeng Germany's Grammer said it plans to sell a 9.2 percent stake to China's Ningbo as the automotive interiors maker looks to counter activist shareholders the Hastor family, who have campaigned for seats on the supervisory board.
"14.02.2017 16:54:48" autonews.com EU clears German plan for EV charging network The European Commission said it had approved German plans for an EV charging network across the country. The plan, at a total cost of 300 million euros over four years, will require that the electricity comes from renewable energy sources, with contracts
"14.02.2017 16:54:23" europe.autonews.com Daimler invests in U.S. vehicle finance app Daimler is investing a double-digit million-euro amount into AutoGravity, a smartphone-based U.S. vehicle leasing and financing app as part of a broader push by the carmaker to build a digital platform for financial services.
"14.02.2017 16:53:47" europe.autonews.com GM, PSA confirm talks for PSA to buy Opel General Motors and PSA said they are discussing a potential sale of Opel to PSA as part of an initiative aimed at improving profitability and operational efficiency.
"14.02.2017 09:23:37" europe.autonews.com Land Rover Defender's spirit to be revived by chemical company Jaguar Land Rover halted production of the original Land Rover Defender over a year ago, but now Ineos Group, a company better known for chemical production, is bankrolling an attempt at reviving the rugged model's heritage. #LandRover #Defender might be back:
"13.02.2017 20:35:29" autonews.com Chevy's 2017 Cruze diesel hits milestone with 52 mpg highway rating The 2017 Chevrolet Cruze Diesel will achieve the highest highway fuel economy of any non-hybrid/electric vehicle on the market. http://www.autonews.com/article/20170213/OEM04/170219954/chevys-2017-cruze-diesel-hits-milestone-with-52-mpg-highway-rating?utm_source=dlvr.it&utm_medium=twitter
"13.02.2017 20:34:17" europe.autonews.com PSA sees Trump's Iran stance boosting market lead PSA is pushing ahead with an Iranian plant investment and production ramp-up in the face of a hardened U.S. stance against Tehran under President Donald Trump that could play to the automaker's advantage, a senior executive said. #PSA pushes ahead with Iranian plant investment & production ramp-up:
"13.02.2017 14:43:57" europe.autonews.com VW CEO slams infighting as spat escalates over worker agreement VW Group CEO Matthias Mueller sought to calm nerves at the automaker as festering disputes with labor leaders and allegations from former Chairman Ferdinand Piech threatened to disrupt efforts to overcome its diesel-cheating scandal. #VW CEO slams infighting; spat escalates over worker agreement:
"13.02.2017 13:28:38" europe.autonews.com Fiat Chrysler scraps plans for Alfa Romeo Giulia Sport Wagon Fiat Chrysler has scrapped plans for an Alfa Romeo Giulia Sport Wagon after deciding that the model would be a little too much like the brand's first-ever crossover, the Stelvio. No #AlfaRomeo Giulia sport wagon after all; #FiatChrysler:
"13.02.2017 12:02:18" autonews.com VW works council says talks over strategy pact broken off without results VW Group's cost-cutting deal with unions was left in limbo after talks between labor leaders and top executives over the implementation of the turnaround plan were broken off without an agreement. #VW works council says talks over strategy pact broken off - no results:
"13.02.2017 12:01:08" europe.autonews.com Audi reaches two-year wage deal with Hungary workers Audi's Hungarian unit has reached an agreement with its workers' union on wage rises for the next two years. The automaker will increase base salaries by 30,000 forints ($103) per month as of January this year, and by another 30,000 forints from the start #Audi reaches 2-year wage deal with Hungary workers:
"13.02.2017 12:00:23" europe.autonews.com Irish new-car sales fall in January as Brexit bites New-car sales in Ireland fell in January as the British pound's sharp decline after the Brexit vote caused a surge in used-car imports from the UK. Irish new-car sales down in January; #Brexit:
"13.02.2017 08:37:06" europe.autonews.com Ex-VW chairman Piech refuses to testify in German emissions inquiry Former VW Chairman Ferdinand Piech has refused to testify to German lawmakers investigating a possible government's role in the VW emissions scandal. Ex-VW chairman Piech refuses to testify in German emissions inquiry:
"11.02.2017 14:10:11" europe.autonews.com AvtoVAZ will make money next year, Ghosn says Renault CEO Carlos Ghosn said Friday that he expected its Russian unit, AvtoVAZ, to be profitable next year, even if the Lada maker's home market remains volatile. Ghosn is bullish about AvtoVAZ because of the company's midterm recovery plan that includes #Ghosn predicts Ato VAZ will make money next year:
"11.02.2017 14:08:36" europe.autonews.com Ghosn outlines Brexit, NAFTA uncertainties facing Renault-Nissan Renault CEO Carlos Ghosn acknowledged that uncertainties surrounding Britain's exit from the European Union and a possible renegotiation of the North American Free Trade Agreement under President Donald Trump posed “risks” for Renault and its Japanese #Ghosn talks about #Brexit, #NAFTA - uncertainties facing Renault-Nissan:
"11.02.2017 14:07:14" europe.autonews.com Toyota gets quirky with C-HR to 'turn heads' Toyota is a latecomer to Europe's crossover segment with the new C-HR. To stand out in the crowded sector the automaker has done something out of character -- it has given the C-HR a polarizing design. #Toyota gives C-HR quirky design:
"10.02.2017 17:52:08" europe.autonews.com Bernhard quits Daimler; Zetsche will be interim trucks boss Daimler has confirmed that trucks chief Wolfgang Bernhard, a top manager once seen as a successor to CEO Dieter Zetsche, will leave the company 'at his own request and for personal reasons.' Zetsche will take over Bernhard's duties until a successor is Bernhard quits #Daimler; #Zetsche will be interim trucks boss:
"10.02.2017 13:34:13" europe.autonews.com Renault sets new midterm goals after strong earnings Renault set itself ambitious new midterm goals after operating profit surged 38 percent to 3.28 billion euros in 2016 on 51.2 billion euros in revenue. Renault's new goals include a 7 percent operating margin and 70 billion euros in revenue by 2022. UPDATED Story: #Renault sets new midterm goals after strong earnings.
"10.02.2017 13:32:23" europe.autonews.com Ghosn says France stake hinders deeper Renault ties with Nissan Renault and alliance partner Nissan are ready to forge closer capital ties but will only do so if France sells its Renault stake, CEO Carlos Ghosn said. With little warning to Ghosn or the French automaker's board, the government increased its stake in #Ghosn says France stake hinders deeper #Renault ties with #Nissan:
"10.02.2017 10:32:08" europe.autonews.com PSA referred to French prosecutors over diesel emissions PSA has been referred to prosecutors over suspected diesel emissions cheating in France. The automaker, which has until now largely avoided scrutiny, is the fourth carmaker to be referred for possible prosecution by authorities, after Volkswagen, Renault
"10.02.2017 08:59:15" europe.autonews.com Peugeot delays 5008 to protect hot-selling 3008 Peugeot has delayed the launch of its 5008 large SUV by two months to protect output of its strong-selling 3008 compact crossover. Both models were affected by a fire at supplier Recticel's plant in the Czech Republic. The 5008 will now arrive in late #Peugeotto delay 5008 to protect hot-selling 3008:
"10.02.2017 08:57:39" europe.autonews.com Renault sets new midterm goals after record earnings Renault posted record full-year sales and profit and set itself ambitious new midterm goals. Operating profit surged 38 percent to 3.28 billion euros in 2016 on a 51.2 billion euros in revenue, lifting operating margin to 6.4 percent from 5.2 percent. After record earnings #Renault sets new midterm goals:
"10.02.2017 08:56:58" europe.autonews.com Former front-runner for CEO role Bernhard to leave Daimler, report says Daimler trucks chief Wolfgang Bernhard, a maverick manager once seen as a successor to CEO Dieter Zetsche, has made clear he does not want his contract extended, German magazine Der Spiegel said. Report: Former front-runner for CEO role at #Daimler to leave:
"10.02.2017 08:55:58" europe.autonews.com Why Renault's investment in Dacia keeps paying big dividends Renault's investment in Dacia continues to pay off in the showroom and on the balance sheet. The low-frills brand set new sales records worldwide, maintaining the marque as a money-maker for its parent. #Renault's investment in #Dacia keeps paying dividends - here's why:
"09.02.2017 17:07:59" europe.autonews.com EU will be tougher on gov'ts soft on emissions cheating The EU plans more legal action soon against governments that have failed to police emissions test cheating by automakers in the wake of the VW Group diesel scandal, EU industry Commissioner Elzbieta Bienkowska said. UPDATE to this story:
"09.02.2017 17:07:11" europe.autonews.com Nissan used defeat device in Qashqai, S. Korean court rules A South Korean court ruled against Nissan in an emissions case, siding with the government in its accusations that the automaker had used a so-called defeat device in some diesel variants of its Qashqai SUV. The models were produced at Nissan's UK plant S. Korean court rules: #Nissan used defeat device in #Qashqai
"09.02.2017 13:27:18" europe.autonews.com Piech returns to settle old scores in diesel scandal Ferdinand Piech abruptly departed Volkswagen Group nearly two years ago. Now the former VW chairman is looking to settle old scores and has rekindled accusations that top managers knew about falsified emissions tests months before publicly admitting to #DieselScandal: Piech returns to settle old scores:
"09.02.2017 12:40:39" europe.autonews.com EU to take more legal action against nations soft on automakers The European Union will soon take more legal action against governments who have failed to crack down on car industry cheating, Elzbieta Bienkowska, Europe's industry commissioner said, accusing them of obstructing the EU's own efforts.
"09.02.2017 12:40:16" europe.autonews.com EU car sales growth expected to slow to 1%, ACEA says Car sales in the EU are expected to grow by about 1 percent in 2017, a sharp slowdown from last year's 6.8 percent gain, said European auto industry association ACEA.'Uncertainty is expected to overshadow 2017,' ACEA said, citing political developments #ACEA reports #EU car sales growth expected to slow:
"09.02.2017 12:39:00" europe.autonews.com McLaren will move chassis output to UK from Austria McLaren Automotive will invest nearly 50 million pounds ($62 million) to bring production of its carbon fiber chassis to northern England from Austria, a move it said was initiated long before the Brexit vote. McLaren will begin building the facility in #McLaren moves chassis output to UK from Austria:
"09.02.2017 12:37:56" europe.autonews.com Nissan's quarterly profit drops 15% on yen, incentives Nissan reported a 15 percent drop in operating profit to 163.51 billion yen ($1.40 billion) in the latest quarter as foreign exchange losses, falling revenue and rising incentives sapped earnings. #Nissan's quarterly profit drops 15% on yen, incentives:
"09.02.2017 09:46:26" europe.autonews.com UK plans to remove insurance barriers for self-driving cars The UK plans to introduce new insurance rules to ensure victims of accidents involving self-driving cars are compensated quickly in a bid to remove a major obstacle for a growing branch of the industry. The British government expects the global market for UK plans to remove insurance barriers for self-drivin cars:
"09.02.2017 09:45:32" europe.autonews.com Citroen sees small SUV concept replacing C3 Picasso Citroen will reveal a small SUV concept at the Geneva auto show next month that previews a future rival to the Renault Captur and Fiat 500X as well as a replacement for the C3 Picasso in the shrinking subcompact minivan segment. #Citroen about to reveal small SUV concept to replace C3 Picasso:
"09.02.2017 09:44:14" Automotive News Europe's cover photo
"08.02.2017 20:05:30" europe.autonews.com BMW taps turbos to make new 7 series more powerful BMW's new 7-series sedan will get a gasoline-powered twin-turbo variant with 610 hp, a boost of 70 hp on the flagship model's most powerful predecessor. The upgrade means the new 7 series can go 0 to 100 kph in 3.7 seconds compared with 4.6 seconds for #BMW taps turbos to make new 7 series more powerful:
"08.02.2017 20:03:16" europe.autonews.com VW mulls steps against Piech over diesel claims against board VW said it was weighing steps against ex-Chairman Ferdinand Piech after media reports that Piech had accused supervisory board members of inaction after learning of VW's diesel-emissions cheating in the U.S. #VW mulls legal steps against Piech over diesel claims against board:
"08.02.2017 18:05:19" europe.autonews.com Russia sales fall 5% despite expected market rebound New-car sales in Russia fell 5 percent last month, despite predictions from the country's industry association and other market watchers that registrations would begin to rebound. The market is expected to recover after a four-year decline and grow by up New-car sales in Russia fall 5%:
"08.02.2017 18:04:03" europe.autonews.com VW union accuses Diess of undermining cost-cutting deal VW Group's works council has accused executives including brand chief Herbert Diess of undermining a cost-cutting deal forged late last year. Labor leaders said the managers had breached the November pact by ruling out possible hirings in the first half #VW union accuses Diess of undermining cost-cutting deal:
"08.02.2017 15:52:25" autonews.com The Volvo numbers that stood out Volvo's latest financial results were full of positive numbers but a couple really stood out. Volvo finished 2016 with $5.55 billion in liquidity and a net cash position of $2.13 billion. Latest ANE blog: #Volvo numbers stand out.
"08.02.2017 15:51:14" europe.autonews.com Renault-Nissan nears GM global sales after Mitsubishi rescue The Renault-Nissan alliance came just short of matching General Motors and joining the ranks of the three biggest automakers by global sales, after CEO Carlos Ghosn rescued a Japanese peer last year. Nissan, Renault and Mitsubishi combined delivered 9.96
"08.02.2017 15:38:40" europe.autonews.com BMW picks Skoda exec to lead design at core brand BMW has picked Skoda executive Jozef Kaban to lead design at its namesake brand, a move that fills the hole left by Karim Habib's departure last month and helps address some of the upheaval at the luxury carmaker's styling department. Jozef Kaban's stellar career at VW Group has includes stops at Bugatti, Audi and Skoda.
"08.02.2017 10:05:14" europe.autonews.com Volvo upbeat on 2017 after 66% earnings jump Volvo Cars reported double-digit improvements in 2016 earnings and revenue on Wednesday and forecast a fourth consecutive year of record sales for 2017. Operating profit rose 66 percent to 11 billion Swedish crowns ($1.24 billion) and revenue increased 10 #Volvo upbeat on 2017 after 66% earnings jump:
"08.02.2017 10:03:18" europe.autonews.com Volvo CEO predicts 4th straight year of record sales Volvo CEO Hakan Samuelsson expects the automaker to build on recent success and set a new all-time sales record for a fourth consecutive year in 2017. The executive explained to Automotive News Europe that he is bullish in part because Volvo will debut #Volvo CEO predicts 4th straight year of record sales:
"08.02.2017 10:01:06" europe.autonews.com Italian diesel probe omitted key tests for Fiat Chrysler models Fiat Chrysler vehicles were allowed to skip key tests for illegal engine software during Italy's main emissions-cheating investigation following the VW Group scandal, according to the transport ministry's own report.
"07.02.2017 17:20:56" europe.autonews.com BMW will pay $478 million to fix water-damaged vehicles BMW has agreed to pay up to $477.7 million to settle a class-action lawsuit covering about 318,000 U.S. luxury car owners who may have suffered water damage harming electrical components in vehicle trunks. #BMW
"07.02.2017 15:52:45" europe.autonews.com E.ON, Clever team up to build fast EV charging network in Europe German energy group E.ON has entered a strategic partnership with Denmark's Clever to build a network of ultra-fast charging stations for electric vehicles in Europe at a time when automakers are gearing up to rollout a range of long-range EVs in the next
"07.02.2017 15:52:15" europe.autonews.com GM's Q4 profits hit by weak pound following Brexit vote GM said on Tuesday that fourth-quarter net income fell in part due to $500 million in foreign exchange losses, caused mainly by the decline of the British pound after the UK's vote to leave the EU. GM's European arm, which prior to the Brexit vote #GM's profits hit during Q4; #Brexit
"07.02.2017 12:54:48" europe.autonews.com Fiat Chrysler emissions case referred to French prosecutors French investigators have referred Fiat Chrysler for possible prosecution after alleging some of the automaker's diesels produce NOx emissions that are several times higher than regulatory limits. FCA is the the third manufacturer after VW Group and #FiatChrysler emissions case referred to French prosecutors:
"07.02.2017 12:53:43" europe.autonews.com Opel makes new Insignia wagon lighter, longer Opel/Vauxhall has made the new Insignia wagon 200kg lighter and longer than rivals from Mercedes and Audi while borrowing heavily from its 2013 Monza concept to give the midsize model a sleek look. The Insignia Sports Tourer will debut at next month's New look for #Opel #Insignia wagon:
"06.02.2017 19:02:02" europe.autonews.com Lear to buy Grupo Antolin's seating unit for 286 million euros Lear said it agreed to buy Grupo Antolin's automotive seating unit for 286 million euros in a bid to expand sales abroad. For Antolin, the sale will let the Spain-based interiors specialist improve its production capabilities, open new factories and
"06.02.2017 19:01:31" europe.autonews.com VW to cap CEO pay at 10 million euros, report says VW is planning to cap the annual pay package of its CEO at 10 million euros and keep wages for other management board members below that, a source familiar with the matter told Reuters. #VW plans to cap CEO pay, report says:
"06.02.2017 19:00:31" europe.autonews.com Luxembourg opens criminal case over VW emissions scandal Luxembourg has started criminal proceedings in response to the VW Group diesel-emissions scandal, saying that regulators had been cheated by car manufacturers. The EU country's infrastructure minister said it was lodging a complaint with prosecutors #VW Group faces more charges as Luxembourg opens criminal case:
"06.02.2017 18:02:20" europe.autonews.com Check out the ANE monthly magazine for February The latest issue of the Automotive News Europe monthly magazine is ready to view. The new edition looks at whether Russia sales are ready to rebound after a four-year drought during which sales halved. Check out our #ANE monthly magazine for February!
"06.02.2017 18:00:14" europe.autonews.com Toyota's global profit declines 39%, but Europe earnings rise 11% Toyota reported a 39 percent decline in global operating profit in the latest quarter as foreign exchange losses and higher expenses offset an increase in worldwide sales. Operating profit plunged to 438.5 billion yen ($3.76 billion) in the fiscal third #Toyota's global profit declines 39%; Europe earlings rise 11%, according to reports:
"06.02.2017 17:59:09" europe.autonews.com Western European car sales show strong start to 2017 Western European car sales rose 9.5 percent in January on buoyant demand in Germany, France, Italy and Spain, according to industry data compiled by LMC Automotive. Strong start to car sales in 2017 for Western Europe:
"06.02.2017 17:58:09" europe.autonews.com Russia sales slump forecast to end, but rapid recovery unlikely After a four-year drop, Russia's car market looks to have bottomed out, leaving manufacturers optimistic that 2017 will bring signs of recovery for a market with the potential to become Europe's biggest for new-car sales. Russia sales slump forecast to end; not rapid recovery expected:
"06.02.2017 11:53:30" europe.autonews.com UK new-car sales rise 3% in Jan. on consumer demand UK new-car registrations rose 3 percent in January, spurred on by the first increase in demand from private consumers since March last year. The rise came despite fears a vote to leave the EU in June would hit private car sales.
"06.02.2017 10:40:55" europe.autonews.com Toyota, Suzuki outline plans to deepen collaboration Toyota and Suzuki announced Monday that they have agreed to start concrete talks about collaborating in environmentally friendly technologies, safety systems, information technology and the mutual supply of products and components.
"06.02.2017 10:40:34" autonews.com PSA will assemble Peugeot 3008, 508 in Kenya PSA will begin assembling the Peugeot 3008 and 508 models in Kenya with local partner URYSIA, its long-standing Kenyan importer and distributor. The automaker previously assembled vehicles in the east African country between 1974 and 2002.
"06.02.2017 09:07:09" europe.autonews.com VW sued by first major German customer over diesel scandal Volkswagen Group is being sued by German fish distributor Deutsche See for misrepresenting a fleet of vehicles it leased as environmentally friendly, making the company the first major German customer to sue VW over its emissions-cheating scandal.
"06.02.2017 09:06:44" europe.autonews.com Jaguar, Honda, Jeep rose fastest in 2016 by tapping crossover craze Jaguar, Honda and Jeep were the biggest winners last year among brands sold in Europe, where overall vehicle sales rose 6.5 percent to 15.1 million, easily exceeding initial analyst expectations that the region's volume would increase by a maximum of 4
"06.02.2017 09:06:19" europe.autonews.com VW exec predicts a fast rollout for group's EV lineup Christian Senger, director of VW Group's electric model line, is predicting a fast model rollout with the launch of the VW I.D. in 2020. Audi, Skoda and Seat will also build models on the new MEB EV platform at an early stage, Senger said.
"06.02.2017 09:05:56" europe.autonews.com Thieves take 2 trailer loads of JLR engines in minutes Thieves in central England stole two trailer loads of new engines from the Jaguar Land Rover plant in Solihull, England, this week. JLR will not say how many or which engines were stolen, but they are valued at 3 million pounds ($3.75 million).
"06.02.2017 09:05:27" autonews.com Maserati recalls nearly 40,000 U.S. vehicles on fire risk Maserati North America is recalling at least 39,381 Quattroporte, Ghibli, and Levante vehicles in the U.S. after discovering two defects that could lead to fires.
"03.02.2017 18:47:25" europe.autonews.com Ex-VW chairman Piech testifies in Winterkorn probe VW Group's former Chairman, Ferdinand Piech, who left the company following a showdown with ex-CEO Martin Winterkorn in 2015, has testified to prosecutors investigating Winterkorn's involvement in the carmaker's diesel-emission cheating scandal, according #VW's ex-chairman Ferdinand Piech testifies in Wintekorn probe; #DieselEmisionCheatingScandal
"03.02.2017 18:44:00" europe.autonews.com Range Rover will launch Porsche Macan, BMW X6 rival, report says Land Rover will launch a sporty Range Rover to rival the Porsche Macan and BMW X6, a report said. The SUV will sit between the Range Rover Evoque and Range Rover Sport and will be called the Velar, according to the report. #RangeRover plans launch for #PorscheMacan, #BMWX6 rival; according to report:
"03.02.2017 11:49:42" europe.autonews.com Hastor family says it's not seeking a hostile takeover of Grammer Bosnia's Hastor family said its demand to replace nearly half of Grammer's supervisory board should not be construed as an aggressive move to gain control of the company.
"03.02.2017 11:48:50" europe.autonews.com Tata's Tamo brand will unveil halo sports car to help shed budget image Tata Motors will unveil a concept at the Geneva auto show next month that could preview the first model sold under its new, upscale Tamo brand. Tata, which owns Jaguar Land Rover, is seeking to shed its budget image with the brand. #Tata's #Tamo: Racy times ahead:
"03.02.2017 08:56:28" europe.autonews.com ANE's February issue goes live Monday The latest issue of the Automotive News Europe monthly magazine goes live on Monday, Feb. 6. The new edition looks at whether Russia sales are ready to rebound after a four-year drought during which sales halved. ANE's February issue goes live Monday!
"03.02.2017 08:54:58" youtube.com Audi #DriveProgress Big Game Commercial – “Daughter” Progress is in every decision we make, every technology we invent, every vehicle we build. It's our past, our future, our reason to exist. Audi of America is... #Audi Super Bowl commercial with a message: #PayEquality
"03.02.2017 08:51:10" europe.autonews.com Honda earnings surge 27% on North America, China Robust sales in North America and China, along with lower recall costs, powered a 27 percent surge in operating profit at Honda in the latest quarter. The sales increase and falling costs more than offset huge foreign exchange losses. #Honda earings up by 27%; robust sales in North America and China:
"02.02.2017 18:46:43" autonews.com Daimler, Nissan reviewing collaboration at Mexico auto plant Daimler and Nissan are re-examining the scope of collaboration at their planned Mexican factory that's set to make Mercedes-Benz and Infiniti cars. #Daimler, #Nissan review collaboration at Mexico auto plant:
"02.02.2017 18:45:23" autonews.com Suppliers to the new Renault Megane Assembly of the fourth-generation Renault Megane began in November 2015 at the French automaker's factory in Palencia, Spain. Output is expected to peak at more than 210,000 units this year, according to IHS Automotive. http://europe.autonews.com/article/20170202/CUTAWAY01/161229952/suppliers-to-the-new-renault-megane?utm_source=dlvr.it&utm_medium=twitter
"02.02.2017 14:39:29" youtube.com KIA Super Bowl Commercials 2017 Melissa McCarthy “Hero's Journey” MOST FUNNY AD EVER! More Funny Super Bowl 2017 Commercials. Subscribe Now. Super Bowl 2017, 2017 Super Bowl Ads, Super Bowl 2017 Commercial 2017 Super Bowl Ads, Top Super Bowl C... This will brighten your day! #Kia
"02.02.2017 14:34:39" europe.autonews.com Alfa's relaunch costs will be recouped by platform-sharing with Maserati, Dodge, Jeep, Marchionne says Fiat Chrysler CEO Sergio Marchionne has said the automaker will offset the high costs of relaunching Alfa Romeo by sharing the brand's Giorgio platform with Maserati, Dodge and Jeep vehicles. Marchionne talks about Alfa's relaunch costs: #Marchionne #FiatChrysler #Alfa #Maserati #Dodge
"02.02.2017 14:33:10" europe.autonews.com Opel expects Crossland X to win more women buyers Opel/Vauxhall's decision to use a crossover design for its new Crossland X minivan will help the automaker to win more women buyers, executives said, citing the high seating position and the OnStar 24-hour concierge service as some of the features favored #Opel expects #CrosslandX to win over more women:
"02.02.2017 14:32:25" europe.autonews.com Ferrari Q4 earnings rise 38%, expectations for 2017 rise Ferrari reported a 38 percent rise in fourth-quarter adjusted core earnings and gave a strong guidance for 2017. #Ferrari Q4 earnings up by 38%:
"02.02.2017 11:29:23" europe.autonews.com Thyssenkrupp to produce springs, stabilizers at new plant in China German supplier Thyssenkrupp will build a factory in the east China city of Pinghu to produce springs and stabilizers for a variety of automaking customers. ThyssenKrupp's plans for new plant in China:
"02.02.2017 11:27:38" europe.autonews.com Auto demand lifts chipmaker Infineon's first-quarter profit by 12% German chipmaker Infineon reported a 12 percent rise in first-quarter profit on strong demand for its chips from automakers and stuck to its full-year forecast for revenue growth and profit margin. Chipmaker Infineon's first quarter profits up due to auto demand:
"02.02.2017 11:26:49" europe.autonews.com Mazda profit falls 71% on foreign exchange losses Mazda's operating profit tumbled 71 percent in the latest quarter, as foreign exchange rate losses hit earnings and offset small sales gains. Mazda profit falls 71% on foreign exchange losses: #Mazda
"02.02.2017 08:55:45" Automotive News Europe's cover photo
"02.02.2017 08:54:18" europe.autonews.com Italy's January sales best since 2010 New-car sales in Italy increased by 10 percent in January for the best monthly result since 2010, with Citroen, Dacia and Toyota among brands showing big gains. Italy's January new-car sales best since 2010:
"02.02.2017 08:53:23" europe.autonews.com Daimler earnings rise 3% in Q4: cautious outlook for 2017 Daimler reported a third-quarter earnings increase of 3 percent year-on-year and gave a tepid earnings outlook for 2017 as aggressive spending to develop next-generation cars holds back gains at Mercedes and heavy truck demand slumps Daimler earnings up in Q4: cautious 2017 outlook: #Daimler #Outlook2017
"01.02.2017 14:53:49" autonews.com Why China's new EV policy could cause a rift with Germany Germany's ambassador to China, Michael Clauss, is a vocal opponent of Beijing's environmental plans to force foreign automakers to develop and build EVs under local joint ventures. With Germany as the biggest foreign investor in China's auto industry, New Blog:
"01.02.2017 14:49:04" europe.autonews.com Daimler will build electric cars in existing Mercedes plants Daimler will build its new electric vehicles in existing Mercedes plants by integrating them with serial production of cars with combustion engines. The company has said its Mercedes and Smart brands will launch more than 10 electric cars by 2025. Daimler plans to build electric cars in existing Mercedes plants: #Daimler #ElectricCars
"01.02.2017 14:48:13" europe.autonews.com VW's Seat brand mulls compact EV Seat says it could launch a compact-sized EV in 2019, backtracking on the Volkswagen unit's previous strategy to shun electric cars because they would cost too much for its mainly young customer base. VW's Seat brand mulls compact EV: #Seat #VW #EV
"01.02.2017 14:47:17" europe.autonews.com Spanish sales gain 11% as Seat, Dacia and Fiat show strong growth Spanish new-car sales rose 11 percent in January, with Seat, Dacia and Fiat brands leading gains among volume makers, while registrations were flat at Volkswagen brand. Spanish sales gain:
"01.02.2017 12:46:52" europe.autonews.com EV, hybrid, fuel-cell sales rose 10% in Europe Sales of electric, plug-in hybrid and fuel-cell cars rose nearly 10 percent in Europe last year. Plug-in hybrid sales increased 17 percent and registrations of EVs were up 3 percent. EV, hybrid, fuel-cell sales up 10% in Europe:
"01.02.2017 12:46:11" europe.autonews.com BMW will stick to investment plans despite Trump threats, CEO says BMW will stick to its investment plans for Mexico and the U.S. despite warnings from President Trump to impose border taxes on cars imported into the U.S., CEO Harald Krueger said. Last month, the automaker said it plans to finish construction of a new $1 BMW sticks to U.S. investment plans for now despite Trump threats: #BMW
"01.02.2017 12:45:10" europe.autonews.com Audi reviews provisions for diesel emissions scandal Audi is reviewing whether it needs to put aside more money to cover the costs of a settlement in the U.S. over parent Volkswagen Group's diesel emissions scandal. VW has agreed to pay at least $1.26 billion to fix or buy back and compensate owners of #Audi #DieselEmissions
"01.02.2017 12:44:24" europe.autonews.com VW, Bosch agree to pay $1.6 billion to settle U.S. diesel claims Volkswagen and Bosch have agreed to pay at least $1.6 billion to fix or buy back and compensate owners of about 80,000 polluting 3.0-liter diesel vehicles. The settlement is the last major hurdle to VW moving beyond its emissions scandal. #VW #Bosch #DieselSettlementUS
"31.01.2017 18:52:40" europe.autonews.com PSA halts 3008 production after supplier plant fire A fire at Recticel International's factory in Most, Czech Republic, has forced PSA to halt the production of the Peugeot 3008 at its plant in Sochaux, France. Story Update:
"31.01.2017 18:52:07" europe.autonews.com PSA will give DS brand separate showrooms to reverse sales slide PSA Group will pull its DS cars out of Citroen showrooms as the automaker builds a smaller, distinct sales network in an effort to revive the upscale brand's sliding sales. #PSA #DS
Separate showroos for PSA's DS brand to keep sales from sliding.
"31.01.2017 18:50:45" autonews.com VW's Seat says the new Ibiza is a major step forward VW Group's Seat unit said its new Ibiza is a major step forward for the brand in safety, design, performance and comfort, thanks to its new platform. The fifth-generation of the subcompact is the 'best Ibiza ever,' Seat said. #VW #Seat #SeatIbiza
"31.01.2017 17:14:34" europe.autonews.com PSA halts 3008 production after supplier plant fire A fire at Recticel International's factory in Most, Czech Republic, has forced PSA to halt the production of the Peugeot 3008 at its plant in Sochaux, France. Supplier's plant fire halts Peugeot 3008 production: #PSA #3008Production #Peugeot
"31.01.2017 17:12:55" autonews.com Daimler, Uber strike partnership for self-driving vehicles Daimler, the owner Mercedes-Benz, has struck an agreement with Uber to include the automaker's self-driving vehicles on Uber's ride-hailing network. #Daimler #Uber: Partnership for self-driving cars planned:
"31.01.2017 17:12:04" europe.autonews.com German automakers see no way around post-Brexit tariffs Germany's auto industry is losing hope that trade tariffs with the UK can be avoided, despite warnings from British Prime Minister Theresa May that an overly tough stance on post-Brexit commerce would seriously harm the country's EU partners. Hope is fading when it comes to fending off trade tariffs after Brexit: #Ford #Brexit
"31.01.2017 12:15:07" europe.autonews.com VW compliance chief will receive payout of up to 15 million euros, reports say VW Group's outgoing compliance chief, Christine Hohmann-Dennhardt will receive a payout of up to 15 million euros after quitting the automaker over policy differences, German press reports said. http://europe.autonews.com/article/20170131/ANE/170139961/vw-compliance-chief-will-receive-payout-of-up-to-15-million-euros
"31.01.2017 12:14:34" europe.autonews.com VW seeks boost with Arteon flagship Volkswagen brand is seeking an upscale boost with its new flagship, the Arteon, which will debut at the Geneva auto show next month. http://europe.autonews.com/article/20170131/ANE/170139998/vw-seeks-boost-with-arteon-flagship
"31.01.2017 12:14:12" europe.autonews.com Mitsubishi's quarterly profit plunges 81% on fuel economy scandal Mitsubishi's operating profit tumbled 81 percent in the latest quarter, hit by falling sales, foreign exchange rate losses and costs from a fuel economy scandal. http://europe.autonews.com/article/20170131/ANE/170139962/mitsubishis-quarterly-profit-plunges-81-on-fuel-economy-scandal
"31.01.2017 12:13:47" autonews.com BMW's Mini brand may build new EV outside UK after Brexit, report says BMW's Mini brand may build its first electric car in the Netherlands and not at its main plant in Oxford, England, a German press report said. http://europe.autonews.com/article/20170131/ANE/170139997/bmws-mini-brand-may-build-new-ev-outside-uk-after-brexit-report-says
"31.01.2017 09:04:51" autonews.com VW designers explore new shapes for EVs VW is developing a fresh design language for its purpose-built electric vehicles. The EVs will be taller and have shorter hoods, longer wheelbases and bigger passenger compartments. VW designers looking at new shapes for EVs: #VW #EVs #Designs
"31.01.2017 09:03:36" europe.autonews.com Saab owner NEVs cleared to build EVs in China National Electric Vehicle Sweden, which acquired the assets of bankrupt Swedish automaker Saab, has received permission from China to start producing EVs at a plant being built in the country that is expected to produce up to 200,000 cars annually. Saab owner cleared to build EVs in China: #Saab #NEV #ChinaEVs
"30.01.2017 18:43:59" europe.autonews.com Valmet gets Chinese investor in EV push Chinese battery maker Contemporary Amperex Technology has bought a 22 percent stake in Finnish contract manufacturer to expand in the European electric car market. http://europe.autonews.com/article/20170130/ANE/170139994/valmet-gets-chinese-investor-in-ev-push
"30.01.2017 14:51:34" europe.autonews.com Valmet gets Chinese investor in EV push Chinese battery maker Contemporary Amperex Technology has bought a 22 percent stake in Finnish contract manufacturer to expand in the European electric car market. http://europe.autonews.com/article/20170130/ANE/170139994/valmet-gets-chinese-investor-in-ev-push
"30.01.2017 13:16:24" autonews.com VW compliance chief's departure is chairman Poetsch's failure The departure of Christine Hohmann-Dennhardt as VW Group's compliance chief suggests her appointment was a cynical publicity stunt to profit from her 'brand' as a former judge and from her success in helping to clean up a corruption scandal at Daimler. Blog:
"30.01.2017 13:15:11" europe.autonews.com Toyota loses global sales crown to VW as U.S. trade barriers loom Toyota lost its title as the world's best-selling automaker to VW Group, ending the Japanese company's four-year reign, as demand for its flagship Camry sedan waned in the U.S. and sales in China expanded at a slower pace than the overall market. Toyota loses global sales crown to VW - U.S. trade barriers loom: #Toyota #VW #USTradeBarriers
"30.01.2017 07:05:04" autonews.com Audis, VWs recalled for airbag defects, coolant-pump fire risks Volkswagen is recalling hundreds of thousands of cars and SUVs in the U.S., almost all of them Audi models, to fix two airbag defects and coolant pumps that may overheat and cause fires. http://europe.autonews.com/article/20170128/COPY/301289951/audis-vws-recalled-for-airbag-defects-coolant-pump-fire-risks
"30.01.2017 07:04:41" europe.autonews.com VW's Seat brand bets on elegant simplicity to stand out Seat, VW Group's once-struggling Spanish subsidiary, is enjoying a boost thanks to the popularity of the Leon and Ibiza cars and the arrival of the Ateca, the brand's first SUV. Design boss Alejandro Mesonero-Romanos spoke about the brand's future styling #VW #Seat
"30.01.2017 07:04:04" europe.autonews.com German watchdog suspected VW cheat on CO2 emissions, report says Germany's motor authority raised suspicions that VW was using prototype vehicles to lower CO2 emissions in tests in 2015, soon after VW's manipulation of diesel emissions tests was uncovered, a German newspaper reported. http://europe.autonews.com/article/20170128/ANE/170129834/german-watchdog-suspected-vw-cheat-on-co2-emissions-report-says
"30.01.2017 07:03:36" europe.autonews.com Schaeffler sees 48-volt mild hybrids displacing diesels as fuel-saving choice Schaeffler and Continental have created a 48-volt hybrid prototype that can greatly reduce CO2 emissions and fuel consumption in compact cars. Schaeffler CTO Peter Gutzmer explained why he believes the technology could become dominant in Europe at the Schaeffler sees 48-volt mild hybrids displacing diesels:
#Hybrid #Diesel #FuelSaving
"28.01.2017 13:27:26" autonews.com Tesla sues former head of Autopilot, former Google exec Urmson Tesla is suing its former head of Autopilot software for stealing company information and recruiting Tesla employees for a competing startup while still employed by the automaker. http://europe.autonews.com/article/20170126/COPY/301269912/tesla-sues-former-head-of-autopilot-former-google-exec-urmson
"28.01.2017 13:26:15" europe.autonews.com VW's compliance head quit automaker after being sidelined in emissions scandal, report says Volkswagen Group's compliance chief, Christine Hohmann-Dennhardt, who has quit the company, was sidelined as the automaker negotiated with U.S. authorities to resolve its emissions scandal, sources told Reuters. http://europe.autonews.com/article/20170126/ANE/170129880/vws-compliance-head-quit-automaker-after-being-sidelined-in?utm_source=dlvr.it&utm_medium=twitter
"28.01.2017 13:24:29" autonews.com EU gets tougher over defeat devices after VW scandal The European Commission issued guidance on how EU countries should enforce a ban on defeat devices. EU officials said the move would likely lead to legal action against countries that fail to clamp down on cheating of diesel emissions regulations. http://europe.autonews.com/article/20170126/ANE/170129877/eu-gets-tougher-over-defeat-devices-after-vw-scandal
"28.01.2017 13:24:00" europe.autonews.com Mitsubishi fined $4.2 million over mileage cheating by Japan watchdog Japan's consumer watchdog ordered Mitsubishi to pay a 480 million yen ($4.2 million) fine for false advertising of its vehicles sold in the domestic market, after the automaker last year admitted to overstating their mileage readings. http://europe.autonews.com/article/20170127/ANE/170129864/mitsubishi-fined-4-2-million-over-mileage-cheating-by-japan-watchdog
"28.01.2017 13:23:29" autonews.com Mercedes begins product overhaul with A class Mercedes will overhaul its lineup beginning with the A-class, which will feature a 'predator faced' grille. The styling revamp comes after the automaker overtook BMW and Audi to become the world's biggest luxury-car brand, and now aims to avoid the http://europe.autonews.com/article/20170127/ANE/170129865/mercedes-begins-product-overhaul-with-a-class
"28.01.2017 13:22:59" europe.autonews.com Bosch's 2016 profit slides 7% on EV investments Operating profit at Bosch fell 6.5 percent in 2016 as the company invested in the development of products for electric vehicles. Bosch has been investing in technologies such as intelligent systems that cut down on how much power electric cars use, while http://europe.autonews.com/article/20170127/ANE/170129860/boschs-2016-profit-slides-7-on-ev-investments
"28.01.2017 13:22:25" europe.autonews.com Former VW CEO Winterkorn investigated for fraud by German prosecutors German prosecutors are investigating former VW Group CEO Martin Winterkorn on suspicion of fraud as they expand a probe into the automaker's emissions scandal. Prosecutors said 28 homes and offices were searched this week in connection with the Winterkorn investigation:
"28.01.2017 13:21:45" europe.autonews.com Bosch will disclose provisions related to VW diesel scandal in May Bosch will disclose provisions in May for costs related to its involvement in VW Group's diesel scandal as the supplier continues its probe into possible misconduct by employees. http://europe.autonews.com/article/20170127/ANE/170129857/bosch-will-disclose-provisions-related-to-vw-diesel-scandal-in-may
"28.01.2017 13:21:07" europe.autonews.com Ford of Europe bracing for $600 million Brexit currency hit Ford's 2017 earnings will be hit by a delayed currency impact of at least $600 million from Britain's vote to leave the EU, the automaker said, putting last year's record European profit levels beyond reach. Ford of Europe braces for Brexit hit: #Ford #Brexit
"28.01.2017 13:20:17" europe.autonews.com Expanded VW probe in Germany not prompted by new U.S. evidence German investigators did not rely on evidence provided by U.S. prosecutors when deciding this week to expand a probe into former Volkswagen CEO Martin Winterkorn to include potential fraud charges related to VW's diesel emissions scandal. #VW
"26.01.2017 16:58:39" autonews.com EU gets tougher over defeat devices after VW emissions scandal The European Commission issued guidance on how EU countries should enforce a ban on defeat devices. EU officials said the move would likely lead to legal action against countries that fail to clamp down on cheating of diesel emissions regulations. http://europe.autonews.com/article/20170126/ANE/170129877/eu-gets-tougher-over-defeat-devices-after-vw-emissions-scandal
"26.01.2017 13:35:10" europe.autonews.com FCA Q4 adjusted earnings rise 1%; company pledges to cut debt nearly in half Fiat Chrysler said its fourth-quarter earnings before interest and taxes rose 1 percent to 1.5 billion euros ($1.7 billion) Revenue during the quarter also gained 1 percent to 29.7 billion euros ($31.9 billion). http://europe.autonews.com/article/20170126/COPY/301269976/fca-q4-adjusted-earnings-rise-1-company-pledges-to-cut-debt-nearly
"26.01.2017 13:34:44" europe.autonews.com Ford posts record 2016 profit in Europe Ford finished 2016 with a $10.4 billion pre-tax profit, down slightly from 2015. Fourth-quarter pre-tax profit was $2.1 billion, down $500 million. The company posted a record $1.2 billion pre-tax profit for 2016 in Europe. Fourth-quarter pretax profit in http://europe.autonews.com/article/20170126/COPY/301269965/ford-posts-record-2016-profit-in-europe
"26.01.2017 13:33:39" europe.autonews.com VW's compliance chief leaves automaker after disagreement VW Group's compliance chief, Christine Hohmann-Dennhardt, will leave the automaker after clashing with other senior people at the automaker over her responsibilities. Hohmann-Dennhardt was tasked with helping to clean up VW's diesel-emissions scandal.
"26.01.2017 11:28:59" Automotive News Europe's cover photo
"26.01.2017 11:26:23" europe.autonews.com Jaguar Land Rover appoints Wittemann as China sales chief Jaguar Land Rover has assigned Frank Wittemann, chief of its operations in Latin America, to lead its sales in China. http://europe.autonews.com/article/20170126/ANE/170129964/jaguar-land-rover-appoints-wittemann-as-china-sales-chief?utm_source=dlvr.it&utm_medium=twitter
"26.01.2017 11:24:56" europe.autonews.com Audi workers strike at Hungary engine plant Audi workers at the automaker's engine plant in Hungary stopped work for two hours on Thursday in a protest over pay. Audi workers on strike at Hungary engine plant: #Audi
"26.01.2017 11:24:10" europe.autonews.com Kia drafts Trump contingency plan Kia said it is drawing up a contingency plan to cope with the policies of U.S. President Donald Trump, reflecting growing wariness by Asian exporters about the prospect of U.S. protectionism. Kia works on contingency plan to cope with pending new U.S. policies:
"26.01.2017 11:22:53" europe.autonews.com UK production hits 17-year high but investment tumbles UK car production reached a 17-year high last year, but the country's vote to leave the EU contributed to a roughly 33 percent drop in investment in the sector, a leading industry body said. UK production on 17-year high - but investment tumbles, says report:
"26.01.2017 11:22:03" europe.autonews.com Kia will launch small SUV this year Kia will debut a subcompact SUV later this year as the automaker bids to enter a booming segment and challenge models such as the Nissan Juke Kia's new SUV:
"26.01.2017 07:57:48" europe.autonews.com German carmakers warn U.S. against launching trade curbs German automakers warned that the United States would suffer significant economic damage from imposing trade curbs, after President Donald Trump put renewed pressure on U.S. carmakers to build more vehicles at home. German carmakers warn US against launching trade curbs:
"25.01.2017 19:30:55" europe.autonews.com Ford Mustang gets low safety rating in Europe Ford will add automatic emergency braking to Mustang cars sold in Europe after the model received two stars out of a maximum of five from the Euro NCAP safety organization. #Ford #Mustan #LowSafetyRating:
"25.01.2017 16:26:50" europe.autonews.com New York prosecutor drops charges against Fiat heir Lapo Elkann New York prosecutors have dropped charges that Lapo Elkann, grandson of late Fiat patriarch Gianni Agnelli, falsely reported that he had been kidnapped in an effort to get ransom money.
"25.01.2017 15:40:44" Automotive News Europe Rising Stars 2017 Automotive News Europe Rising Stars 2017
"25.01.2017 15:38:24" Automotive News Europe Congress Automotive News Europe Congress
"25.01.2017 15:34:35" europe.autonews.com PSA's return to India after 20 years will have modest start PSA will return to India by 2020, the automaker said after unveiling a modest production investment with CK Birla Group, the New Delhi-based conglomerate. http://europe.autonews.com/article/20170125/ANE/170129916/psas-return-to-india-after-20-years-will-have-modest-start
"25.01.2017 15:34:03" europe.autonews.com Subaru will debut new XV Subaru released a teaser photo of its second-generation XV and confirmed that the crossover will debut in March at the Geneva auto show. Look what's new at Subaru: #Subaru #NewXV
"25.01.2017 15:33:12" europe.autonews.com Discounts drive Hyundai profit to 5-year low; uncertain 2017 ahead Hyundai Motor posted its lowest quarterly profit in about five years, hurt by the cost of steep discounts on small sedans. The automaker cautioned it expected more uncertainty ahead as competition and protectionism increase. http://europe.autonews.com/article/20170125/ANE/170129915/discounts-drive-hyundai-profit-to-5-year-low-uncertain-2017-ahead
"25.01.2017 15:32:39" europe.autonews.com Mitsubishi seeks to benefit from SUV boom with new sporty model Misubishi looks to benefit from SUV boom: #Mitsubishi #SUV
"25.01.2017 15:31:06" europe.autonews.com Citroen expected to give C3 Picasso successor crossover looks Citroen is expected to show a crossover styling for its C3 Picasso successor at the Geneva auto show. The new model may take the name C3 Aircross already used in some global markets to distance it from the current model. New look expected for Citroen's C3 Picasso: #Citroen #C3Picasso
"25.01.2017 09:19:06" europe.autonews.com BMW details plan to build X1 at Dutch contract manufacturer BMW will build its X1 SUV at a Dutch contract manufacturer that also produces some of the automaker's Mini models. X1 production will begin in August at the VDL Nedcar plant, BMW said. Strong demand in the United States is one of the reasons why BMW has contracted VDL Nedcar to produce the X1.
The Dutch plant will supplement output at the X1's main factory in Regensberg, Germany.
"24.01.2017 20:25:28" europe.autonews.com Fire at Recticel's Czech plant may impact suppliers globally A serious fire at Recticel's factory in Most, Czech Republic, has forced the company to halt production of a urethane auto interior skin product used by global auto suppliers. Fire at Czech plant might impact suppliers worldwide:
"24.01.2017 20:24:32" europe.autonews.com Schaeffler sees sales growth picking up this year Schaeffler expects its sales growth to accelerate this year after rising car demand and cost cuts helped push up revenues and profit in 2016. #Schaeffler #SalesGrowth
"24.01.2017 20:20:56" europe.autonews.com VW's Passat plant in Germany extends production stop VW will halt production at its factory in Emden, Germany, on more days than originally planned because of shrinking demand for Passat sedans and wagons. #VW #Passat #GermanyProductionStop
"24.01.2017 15:53:05" europe.autonews.com German auto supplier SHW plunges on loss of electric car order German automotive supplier SHW Automotive said a maker of electric cars had cancelled a $107 million order, sending its shares down to a four-month low. http://europe.autonews.com/article/20170124/ANE/170129934/german-auto-supplier-shw-plunges-on-loss-of-electric-car-order
"24.01.2017 13:04:38" autonews.com Automotive News Europe Congress Home Page The Congress was established in 1997 and provides a comprehensive perspective of the industry's big issues through a series of keynote addresses, top-level presentations and panel discussions. It answers critical questions from the best in the business. Early Bird Registration Now Open:
"24.01.2017 13:03:24" europe.autonews.com europe.autonews.com Latest Blog:
"24.01.2017 13:02:40" europe.autonews.com Paris introduces color-coded stickers to reduce car pollution Paris launched a new color-coded sticker scheme to restrict diesel car use in its latest attempt to reduce air pollution many citizens blame for coughing fits, eye irritation and runny noses. Paris tackels pollution:
"24.01.2017 13:02:03" europe.autonews.com Audi workers threaten strike at A3, TT plant in Hungary Audi workers at a plant in Hungary that builds the A3 and TT models have set up a strike committee to push for higher salaries in the latest sign of how labor shortages in the country are driving up wage expectations. #Audi Audi workers threaten strike at A3, TT plant in Hungary:
"24.01.2017 13:01:09" europe.autonews.com Ford's new Omnicraft brand will sell parts to fix competitors' vehicles Ford is expanding its customer service division with a new Omnicraft brand of aftermarket parts to cover non-Ford vehicles. Omnicraft parts will be sold at 10,500 dealerships globally. Ford expects the global business for automotive parts and service will #Ford #Omnicraft
"24.01.2017 12:59:58" Automotive News Europe Congress: June 20 & 21, Barcelona, Spain
"24.01.2017 12:57:45" Photos from Automotive News Europe's post Automotive News Europe Congress
June 20 and 21 - Barcelona, Spain
"23.01.2017 17:40:46" autonews.com Trump tells automakers, manufacturers U.S. will cut regulations, taxes President Trump met with a dozen prominent American manufacturers, such as Ford and Tesla, and promised them he would slash regulations and cut corporate taxes, but warned them again of penalties if they move production outside the country. http://www.autonews.com/article/20170123/OEM/170129960/trump-tells-automakers-manufacturers-u-s-will-cut-regulations-taxes
"23.01.2017 17:32:30" europe.autonews.com PSA said to return to India through joint venture PSA Group will announce a return to India this week through a manufacturing venture with New Delhi-based CK Birla Group, a French press report said. The joint venture deal will include a Chennai assembly plant, Les Echos said. #PSA #India PSA said to return to India:
"23.01.2017 17:31:43" europe.autonews.com VW EVs will debut 5G connectivity services Volkswagen plans to equip its family of I.D. electric cars with next-generation 5G mobile connectivity and vehicle-to-everything communication standards as the brand prepares to offer full autonomous driving functionality in 2025. #VW #EV #ConnectivityServies
"23.01.2017 17:30:29" autonews.com Mitsubishi crossover expected in Geneva Mitsubishi will launch a compact crossover at the Geneva auto show, according to reports. The vehicle may be styled after the XR-PHEV concept first shown at the 2013 Tokyo auto show. #Mitsubishi #Geneva
"23.01.2017 17:29:40" europe.autonews.com PSA's China sales fall 16% in 2016 on lack of crossovers PSA Group's deliveries in China declined 16 percent last year, as the company's two Chinese joint ventures were hobbled by a lack of crossovers. http://europe.autonews.com/article/20170123/ANE/170129965/psas-china-sales-fall-16-in-2016-on-lack-of-crossovers
"23.01.2017 17:29:09" Automotive News Europe's cover photo
"23.01.2017 10:02:45" autonews.com Automakers, others battle for position in lucrative connected car sector Cars are rapidly being transformed into connectivity centers constantly linked to the outside world as automakers, suppliers and service providers try to benefit from a multi-billion-dollar sector forecast to grow at a double-digit rate for the rest of #ConnectedCarSector
"22.01.2017 16:09:10" europe.autonews.com Uber hires Google veteran Singhal to aid self-driving engineering Ride-hailing company Uber said it hired the man behind Google search to work closely with CEO Travis Kalanick and help grow the company's self-driving car program. http://europe.autonews.com/article/20170120/COPY/301209945/uber-hires-google-veteran-singhal-to-aid-self-driving-engineering
"22.01.2017 16:08:21" autonews.com Ford, London partner to test plug-in hybrid commercial vans Ford is teaming up with city officials in London to launch a year-long test of 20 Transit Custom plug-in hybrid vans. The vans will be available for commercial purchase in Europe in 2019. http://europe.autonews.com/article/20170120/COPY/301209944/ford-london-partner-to-test-plug-in-hybrid-commercial-vans
"22.01.2017 16:07:51" europe.autonews.com Ghosn says Nissan will review UK investment once Brexit terms clear Nissan will review the case for future investment in the UK when the terms of the country's departure from the European Union finally become clear, CEO Carlos Ghosn said. http://europe.autonews.com/article/20170120/ANE/170129992/ghosn-says-nissan-will-review-uk-investment-once-brexit-terms-clear
"20.01.2017 17:14:11" europe.autonews.com Nissan is the only automaker to receive Brexit letter, UK minister says Nissan is the only automaker to be sent a letter about the UK's policies toward the auto industry after the country quits the EU, Britain's Industry Minister, Nick Hurd said. #Brexit #Nissan #UK
"20.01.2017 17:12:53" europe.autonews.com Ghosn says Nissan will review UK investment once Brexit terms clear Nissan will review the case for future investment in the UK when the terms of the country's departure from the European Union finally become clear, CEO Carlos Ghosn said. #Ghosn #Nissan #Brexit
"20.01.2017 12:47:47" autonews.com Suppliers to the new Mercedes C-class Coupe Assembly of the second-generation Mercedes-Benz C-class Coupe began in Bremen, Germany, in October 2015. Output is expected to peak at more than 80,000 units this year, according to IHS Automotive. http://europe.autonews.com/article/20170120/CUTAWAY01/161229953/suppliers-to-the-new-mercedes-c-class-coupe?utm_source=dlvr.it&utm_medium=twitter
"20.01.2017 12:42:50" europe.autonews.com BMW said to plan more purchasing with Daimler BMW plans to expand its cooperation with Daimler in purchasing components, the automaker's new head of purchasing, Markus Duesmann, told a German newspaper. BMW will have to alter its procurement to meet the trend for EVs and autonomous driving, Duesmann http://europe.autonews.com/article/20170120/ANE/170129998/bmw-said-to-plan-more-purchasing-with-daimler
"20.01.2017 12:42:23" europe.autonews.com Bollore's EV venture hits investors French billionaire Vincent Bollore's push into electric vehicles has been a huge success, at least in terms of publicity and eye-catching contracts. For investors, it hasn't worked out so well. http://europe.autonews.com/article/20170120/ANE/170129997/bollores-ev-venture-hits-investors
"20.01.2017 12:42:01" autonews.com Ghosn pushes commonization at measured pace Renault- Nissan CEO Carlos Ghosn would like the alliance partners to pick up the pace on commonizing their platforms and technologies. But not too fast. http://europe.autonews.com/article/20170120/COPY/301209998/ghosn-pushes-commonization-at-measured-pace
"20.01.2017 12:40:51" europe.autonews.com UK looks to ensure best EU market access for 'key' auto industry Britain says its car industry is a key part of the economy and it is seeking the best possible EU market access for automakers. The comments were in response to a newspaper interview with Toyota's chairman,Takeshi Uchiyamada, in which he said he would http://europe.autonews.com/article/20170120/ANE/170129995/uk-looks-to-ensure-best-eu-market-access-for-key-auto-industry
"20.01.2017 12:40:22" europe.autonews.com Daimler will begin building first Russia plant in 2018, report says Daimler will begin building a Mercedes car plant in Russia next year, the country's trade and industry minister told a business publication. The automaker confirmed last year that it was in talks with authorities to build cars in the country. #Daimler to build first Russia plant in 2018:
"20.01.2017 12:39:25" europe.autonews.com BMW design boss Habib is quitting automaker BMW's design boss, Karim Habib, is leaving the automaker, a company source said. Habib's departure follows the exit of two other key designers, exacerbating a period of upheaval in BMW's design department. #BMW design boss Habib quits:
"20.01.2017 07:35:22" autonews.com VW joins Ford, BMW to offer Amazon's 'Alexa' voice service Volkswagen will offer the first embedded application of Amazon's Alexa voice service in a vehicle, as the growing focus on network-connected appliances and other home devices inspires collaborations between automakers and technical service providers. #VW #Ford #BMW #Amazon
"20.01.2017 07:34:25" europe.autonews.com French state will keep stake in PSA Group The French government will keep its stake in PSA Group, the office of president Francois Hollande tweeted. http://europe.autonews.com/article/20170119/ANE/170119733/french-state-will-keep-stake-in-psa-group
"19.01.2017 14:39:50" autonews.com Winterkorn denies early knowledge of VW diesel emissions cheating Former VW Group CEO Martin Winterkorn told German lawmakers he did not know about the company's systematic emissions cheating earlier than VW has officially admitted. UPDATE: #VW
"19.01.2017 14:32:00" europe.autonews.com Volkswagen to make first cars with China's JAC by 2018 Volkswagen Group plans to make its first cars with China's JAC by 2018 and hopes the joint venture will get government approval in the first half of this year. In September, VW and JAC signed a preliminary deal to explore making electric vehicles. http://europe.autonews.com/article/20170119/ANE/170119748/volkswagen-to-make-first-cars-with-chinas-jac-by-2018
"19.01.2017 12:03:13" europe.autonews.com Kia Stinger aims for halo effect in Europe Kia will launch its Stinger four-door fastback model in Europe in the fourth quarter. The brand hopes the rwd Stinger will serve as a halo model and will offer the car with a 3.3-liter engine variant that will be Kia's fastest production car to date. http://europe.autonews.com/article/20170119/ANE/170119752/kia-stinger-aims-for-halo-effect-in-europe
"19.01.2017 12:02:33" autonews.com Winterkorn denies early knowledge of VW diesel emissions cheating Former VW Group CEO Martin Winterkorn told German lawmakers he did not know about the company's systematic emissions cheating earlier than VW has officially admitted. Update: #VW
"19.01.2017 10:32:18" autonews.com Winterkorn denies early knowledge of VW diesel emissions cheating Former VW Group CEO Martin Winterkorn told German lawmakers he did not know about the company's systematic emissions cheating earlier than VW has officially admitted. Former VW Group CEO Martin Winterkorn denies early knowledge of VW diesel emission cheating: #VW
"19.01.2017 09:31:12" europe.autonews.com Germany's Merkel seen putting EU values ahead of car lobby in Brexit talks Chancellor Angela Merkel is likely to put EU principles ahead of the German car industry's interests in her dealings with the UK over Brexit, the head of the German-British Chamber of Industry and Commerce, Ulrich Hoppe, said. http://europe.autonews.com/article/20170119/ANE/170119753/germanys-merkel-seen-putting-eu-values-ahead-of-car-lobby-in-brexit
"19.01.2017 09:03:03" europe.autonews.com Nissan, Toyota back UK plants despite 'hard Brexit' plan Toyota and Nissan say they will continue to build cars in the UK despite Prime Minister Theresa May's plan to leave the EU's single market, which could make exporting from British factories less lucrative. UPDATE: Nissan and Toyota back UK plants: #Brexit
"18.01.2017 21:17:58" europe.autonews.com U.S. to remain Germany's top export destination despite Trump German industry expects the U.S. to remain its most important export destination this year despite protectionist threats from President-elect Donald Trump, Germany's Chamber of Commerce and Industry said. http://europe.autonews.com/article/20170118/COPY/301189949/u-s-to-remain-germanys-top-export-destination-despite-trump
"18.01.2017 17:53:37" europe.autonews.com Nissan will maintain UK investment despite 'hard Brexit' plan Nissan's deal to invest in a UK plant that exports most of its cars remains on track after Prime Minister Theresa May signaled plans to leave the EU's single market, the automaker's CEO, Carlos Ghosn, said. Nissan plans to maintain UK investment despite hard Brexit: #Nissan #Brexit
"18.01.2017 15:41:24" europe.autonews.com Smart improves ForTwo, ForFour EV variants with Renault tech Smart has improved its EV technology for the battery-powered versions of its ForTwo and ForFour with help from Renault. At 160 km, the Daimler subsidiary's electric drivetrain has a 10 percent longer range under the European testing regime than the #Smart #ForTwo #ForFour
"18.01.2017 15:37:44" autonews.com Germany's auto industry warns 'hard Brexit' will stifle UK investment Germany's automakers warned that uncertainty about future tariffs in the wake of a 'hard Brexit' could deter investment in Britain over a number of years, hampering their largest export market. German auto industry issues warning: #Brexit
"18.01.2017 15:35:22" europe.autonews.com VW Group ordered to take back emissions-cheating Skoda by German court Volkswagen Group has been ordered by a German court to take back a Skoda Yeti caught up in its emissions scandal and pay the buyer the full price of his car. German court orders VW Group to take back emissions-cheating Skoda: #VW #Skoda
"18.01.2017 15:34:11" europe.autonews.com Opel will unveil Crossland X next month Opel/Vauxhall will debut the Crossland X, a small crossover that replaces its Meriva minivan, in Berlin on Feb. 1 as part of the General Motors unit's latest product offensive. Opel will unvail Crossland X next month: #OpelCrosslandX
"18.01.2017 09:36:25" europe.autonews.com VW delays China Audi, SAIC deal until 2018 Volkswagen Group says it will not produce or sell any Audi cars with SAIC in China until at least 2018, seeking first to strengthen ties with existing Audi partner FAW. Audi's joint venture with FAW plans to introduce five more electric cars in China in VW delays deal in China: #VW
"17.01.2017 19:32:42" autonews.com BMW urges Britain to retain tariff-free access to EU single market BMW said it was best for business for the UK to be in the EU single market and urged London to ensure the country retained tariff-free access to the bloc. BMW's comments were made after the government said the UK would no longer be a full member of UPDATE: BMW urges Britain to retain tariff-free access to EC:
"17.01.2017 16:19:41" europe.autonews.com VW Golf, other volume compacts lose share to premium rivals, SUVs http://europe.autonews.com/article/20170117/ANE/170119991/vw-golf-other-volume-compacts-lose-share-to-premium-rivals-suvs
"17.01.2017 16:19:13" europe.autonews.com Renault reports record 2016 sales, expects further growth Renault Group sales rose 13 percent in 2016 to a record 3.18 million vehicles thanks to growth in Europe and in overseas markets such as India and Iran, as the automaker expects more progress this year. http://europe.autonews.com/article/20170117/ANE/170119812/renault-reports-record-2016-sales-expects-further-growth
"17.01.2017 16:18:43" europe.autonews.com Audi, FAW sign China EV deal Audi said it will expand its model portfolio in China to include five additional electric e-tron models in the next five years that will be built by FAW VW. http://europe.autonews.com/article/20170117/ANE/170119810/audi-faw-sign-china-ev-deal
"17.01.2017 16:18:16" europe.autonews.com Volkswagen will copy Apple's User-ID strategy VW brand is copying a strategy from tech companies such as Apple by introducing its own 'Volkswagen User-ID.' This will allow customers to take their favorite music, screen configurations and pre-programmed seat positions with them when they use different http://europe.autonews.com/article/20170117/ANE/170119947/volkswagen-will-copy-apples-user-id-strategy