WAP ANE Breaking

Jaguar picks XE as first China-made model

Dec. 21, 2014 06:01 CET
Jaguar's new XE will be the brand's first model made in China. The midsize premium sedan will be built alongside the Land Rover SUVs in Changshu.... Read More »

 

Opel CEO warns that 2016 profit target is under threat

Dec. 20, 2014 22:07 CET
Opel CEO Karl-Thomas Neumann has warned top managers that the General Motors unit's 2016 profit target is under threat from economic setbacks, according to a German daily paper.... Read More »

 

AvtoVAZ blames supplier woes for Lada's loss of No. 1 spot

Dec. 20, 2014 06:01 CET
AvtoVAZ blamed supplier problems for Ladas failure to have the No. 1-selling car in Russia last month after the Kia Rio outsold the Lada Granta.... Read More »

 

Renault works on Citroen C4 Cactus rival

Dec. 19, 2014 14:47 CET
Renault is developing an affordable small car that could preview a future rival to the Citroen C4 Cactus.... Read More »

 

Ghosn says ruble plunge a 'bloodbath' for automakers

Dec. 19, 2014 10:04 CET
The ruble's plunge is creating a "bloodbath" for automakers in Russia, Renault-Nissan CEO Carlos Ghosn said. Nissan and Renault have stopped taking orders for some cars in Russia and could raise prices on others if the ruble continues to fall, he said.... Read More »

 

VW said to push forward with main car-brand margin revival plan

Dec. 18, 2014 17:29 CET
Volkswagen approved projects for adding several hundred million euros to earnings in coming years in its effort to almost triple profit margins at the namesake car brand, according to sources.... Read More »

 

Former Saab owner Spyker is bankrupt

Dec. 18, 2014 15:38 CET
Spyker -- the Dutch supercar maker that was hurt by its acquisition of Saab from General Motors -- was today declared bankrupt even as founder and CEO Victor Muller vowed to revive the company.... Read More »

 

GM, Audi, Jaguar halt Russia sales on ruble's collapse

Dec. 18, 2014 13:12 CET
GM, Audi and Jaguar Land Rover temporarily stopped selling cars in Russia this week, deciding that taking a timeout from the market was the best way to deal with the ruble's collapse.... Read More »

 

Ford shuts doors at Belgium plant

Dec. 18, 2014 15:12 CET
Ford produced the last car at its plant in Genk, Belgium, closing the site which produced some 14 million vehicles over the past 50 years.... Read More »

 

Renault-Nissan and AvtoVAZ form Russia's biggest auto parts buyer

Dec. 18, 2014 14:20 CET
The Renault-Nissan alliance and AvtoVAZ will merge their purchasing activities in Russia to create the largest buyer in the country's auto industry.... Read More »

 

UK car production seen flat in 2014 as exports weaken

Dec. 18, 2014 11:00 CET
British car production will remain flat in 2014 as model changeovers and economic uncertainty in export markets hit output.... Read More »

 

Bosch's automotive head quits to become CEO of Mahle

Dec. 17, 2014 18:09 CET
The head of Bosch's automotive division, Wolf-Henning Scheider, has quit the world's top-ranked supplier to head smaller German rival Mahle, a maker of engine components.... Read More »

 

Toyota-PSA Czech JV plant cuts 2015 production target

Dec. 17, 2014 13:47 CET
Czech car factory TPCA, a joint venture of Toyota and PSA/Peugeot-Citroen, cut its 2015 production outlook by 10 percent to 220,000 vehicles.... Read More »

 

VW will oust head product strategist, report says

Dec. 17, 2014 15:22 CET
Volkswagen will oust its head product strategist, Klaus-Gerhard Wolpert, sources said, as the company increases efforts to raise profitability. Former Porsche executive Wolpert, who oversees strategy affecting more than 100 models across the multi-brand group, will be moved to VW's heavy trucks division, two sources told Reuters.... Read More »

 

PSA may move Paris headquarters, report says

Dec. 17, 2014 15:01 CET
PSA/Peugeot-Citroen is considering shifting its headquarters away from the center of Paris as a cost-cutting push impacts executive ranks, Bloomberg reported.... Read More »

 

Asian carmakers' Russia ambitions hit by ruble collapse

Dec. 17, 2014 13:28 CET
Asian carmakers, which have been gaining market share in Russia at the expense of European and U.S. rivals, have been hit as the ruble plunges and auto sales skid.... Read More »

 

Alfa Romeo readies high-performance engines

Dec. 17, 2014 08:55 CET
Alfa Romeo plans to introduce new high-performance engines, including a range-topping V-6, in a bid to reconnect the brand to its sporty heritage.... Read More »

 

Budget brands win despite Europe's car sales slowdown

Dec. 16, 2014 09:33 CET
New-car registrations in Europe rose 1 percent in November, with budget brands beating the market as nervous consumers kept a tight lid on spending. Vehicle sales in the EU and EFTA markets advanced to 989,457 cars. Eleven-month sales are up 6 percent to 12 million.... Read More »

 

Volvo to start online car sales, skip some big auto shows

Dec. 15, 2014 08:39 CET
Volvo will start selling vehicles online as it rolls out new models. The automaker plans to have all its car lines offered digitally in all its markets, sales chief Alain Visser said.... Read More »

 

Fiat Chrysler exports from Brazil to Mexico after more than 3 years

Dec. 15, 2014 21:36 CET
Fiat Chrysler has resumed exports from Brazil to Mexico after a more than three-year hiatus due to weak Brazilian demand and a more favorable exchange rate, Cledorvino Belini, chief executive officer in Latin America, said.... Read More »

 

Mercedes prices new Maybach S class at 134,100 euros

Dec. 15, 2014 21:45 CET
Mercedes set the starting price of the Maybach S-class sedan at 134,100 euros ($166,700) and began taking orders for the would-be challenger to Rolls-Royce and Bentley.... Read More »

 

Bentley raises car sales target to 20,000, report says

Dec. 15, 2014 10:12 CET
Bentley is targeting 20,000 annual deliveries by 2020, double its 2013 sales, boosted by new models such as its first SUV, a report said.... Read More »

 

Smart says China will be its top market

Dec. 15, 2014 08:29 CET
China could overtake Germany and Italy to become the biggest market for Smart in a few years, Smart CEO Annette Winkler said. Smart will launch the latest ForTwo and its new ForFour in China next year.... Read More »

 

BMW i3 test in Berlin lead to 'range panic'

Dec. 13, 2014 06:01 CET
BMW's i3 is still rare enough to turn heads in Berlin, one of four cities chosen by the German government to promote electric cars, but finding a place to recharge the battery powered hatchback can be a challenge, meaning that range anxiety can turn to panic.... Read More »

 

Skoda shifts new Superb flagship upscale

Dec. 12, 2014 10:13 CET
Skoda will launch the third generation of its Superb flagship in mid-2015 after the midsize sedan debuts at the Geneva auto show in March. Skoda said the new Superb has shifted to the upper end of its segment.... Read More »

 

 
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Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

At Bay King Chrysler, Dodge, Jeep, Ram in Hamilton, Ontario, dealer Jamie Richter has put luxury-hotel touches in his new showroom. They include concierges who see to the needs of service customers. Mon., December 15
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