WAP ANE Breaking

VW does not need chairman until new corporate structure is set, labor chief says

June 3, 2015 14:27 CET

Volkswagen needs to come up with a new structure before thinking about appointing a permanent chairman, VW's powerful labor chief, Bernd Osterloh, said.... Read More »

Volvo sales drop 1.3% as new XC90 impact awaited

June 3, 2015 11:17 CET

Volvo's global sales dropped 1.3 percent in May from last year as the first shipments of its new XC90 to customers did not fully compensate for higher volumes of the old model in 2014. Volvo says it has now received more than 36,000 pre-orders for the flagship SUV.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

VW's Seat brand targets women, will add crossovers to boost profits

June 3, 2015 06:15 CET

VW Group's Seat brand posted its first quarterly profit in seven years last month, but CEO Juergen Stackmann must still overcome big challenges to make the brand a consistent money-maker. Stackman discussed some of these issues including crossovers, attracting women buyers and resuming China sales with Automotive News Europe.... Read More »

German car sales fall 6.7% in May on seasonal effect

June 2, 2015 16:03 CET

German new-car sales fell by 6.7 percent in May in a month that had two fewer business days than the year-earlier month. Adjusted sales rose by almost 4 percent.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

How Peugeot CEO Picat improved the brand's pricing

June 2, 2015 06:15 CET

Peugeot CEO Maxime Picat has played a key role in PSA's financial turnaround as head of the automaker's largest division by improving the retail pricing of the French brand's vehicles in Europe. Picat told Automotive News Europe how Peugeot plans to keep improving.... Read More »

Bentley expands in hard-hit Russia with third dealership

June 2, 2015 16:30 CET

Bentley has added its third dealership in Moscow as the carmaker anticipates that wealthier Russians will shrug off an impending recession and buy its upcoming Bentayga SUV.... Read More »

Spanish car sales rise 14% on renewed subsidy program

June 1, 2015 14:18 CET

Spanish new-car sales rose 14 percent in May after the renewal of a government subsidy scheme helped to lift demand.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Profits remain elusive despite Europe's sales rebound

June 1, 2015 06:15 CET

New-car sales in Europe increased for the 20th consecutive month in April and four-month sales were up 8 percent, but not all executives are convinced that this higher volume will translate into higher profitability. Some have called what's happening a margin-less recovery because the rebound hides the fact that only the strongest can squeeze a profit.... Read More »

Opel says new Astra will be smaller but roomier than the current car

June 1, 2015 17:17 CET

Opel released details and pictures of its next-generation Astra compact car that will be key in helping the GM brand return to profitability in Europe. The Astra will have new infotainment and lighting technologies to help it compete better against rivals such as the VW Golf and Ford Focus.... Read More »

French car sales fall 4% in May on fewer working days

June 1, 2015 11:14 CET

New-car registrations in France fell 4 percent in May, mainly due to fewer working days. Sales rose 7.3 percent with the figures adjusted to include a comparable number of working days to May last year.... Read More »

BMW partner will build X4 in Russia from U.S. kits

May 31, 2015 06:01 CET

BMW will add production of the X4 SUV in Russia with local partner Avtotor using kits shipped from the automaker's U.S. plant. BMW and rival Mercedes-Benz are keen on Russian production despite the market's downturn to avoid import tariffs.... Read More »

PSA defends high self registrations for upscale DS cars

May 31, 2015 06:01 CET

DS Automobiles, the youngest brand in PSA/Peugeot-Citroen’s stable, has defended the high number of cars it sells through so-called self registrations, a practice that hurts profitability. The tactic is helping to boost awareness for the upscale marque among potential buyers, DS CEO Yves Bonnefont said.... Read More »

Regulated France is fertile ground for car-sharing

May 30, 2015 06:15 CET

Drivy, a French firm that helps car owners rent out their vehicles, has bought a German rival in the latest sign that France is becoming a hub for the booming vehicle-sharing sector, with help rather than hindrance from the country's notorious red tape.... Read More »

Fiat Chrysler Chairman Elkann confirms Marchionne sent merger email to GM

May 29, 2015 14:45 CET

Fiat Chrysler Chairman John Elkann confirmed that CEO Sergio Marchionne sent an email to GM about a possible tie-up. Elkann said discussions had taken place with other players as well.... Read More »

German automakers fear possible UK exit from EU

May 29, 2015 10:42 CET

As the UK prepares to make a decision on its future within the EU, German companies are beginning to count the cost of a possible exit, with automakers such as BMW possibly having the most to lose.... Read More »

Audi targets volume brands to keep China luxury lead

May 29, 2015 06:01 CET

Audi expects to offset softening demand for large luxury cars in China by winning sales from volume brands. Younger consumers are switching from midsize models to compact premium cars such as the A3 Sportback, according to company executives.... Read More »

Skoda fined 1.77 million euros for margin fixing

May 29, 2015 12:01 CET

Skoda has been fined 1.77 million euros for margin fixing with distributors in 2011 and 2012.... Read More »

Volvo plans rapid growth in U.S. with new factory

May 29, 2015 11:05 CET

Volvo aims to boost the brand's annual U.S. sales to 100,000 vehicles "as soon as possible" with help from a factory the company will open in 2018. The plant could one day build a Geely car, officials said.... Read More »

BMW recalls vehicles with Takata airbags

May 28, 2015 21:31 CET

BMW is recalling 420,661 vehicles in the U.S. due to issues involving Takata airbags. The automaker is recalling 20 models to replace driver-side front airbag inflators.... Read More »

UK car output drops 3.8% in April on falling exports to China, Russia

May 28, 2015 11:03 CET

UK car production fell 3.8 percent in April as stronger demand at home failed to outweigh a fall in exports to China and Russia.... Read More »

Opel CEO rules out deal with Fiat

May 28, 2015 12:52 CET

Opel CEO Karl-Thomas Neumann has ruled out a deal with Fiat after its CEO Sergio Marchionne suggested carmakers need to consolidate to cut costs. Neumann also said it was a "big mistake" for Opel to search for scale with PSA/Peugeot-Citroen and not within GM.... Read More »

Opel will offer Android Auto, Apple CarPlay

May 28, 2015 11:24 CET

Opel will offer Google's Android Auto and Apple's CarPlay across its model range as part of the brand's goal of becoming a leader in car connectivity. Opel will roll-out the telematics systems starting with the next-generation Astra that will debut at the Frankfurt auto show in September, the company said.... Read More »

Toyota keeps title as the most valuable car brand despite airbag recalls denting its worth

May 27, 2015 10:25 CET

Toyota kept its title as the most valuable car brand in 2015 despite recent airbag recalls denting its worth, according to a study that ranks the top 100 global brands. BMW remained No. 2, while Mercedes was third.... Read More »

Lamborghini will launch SUV in 2018

May 27, 2015 16:35 CET

Lamborghini will produce its new SUV in Italy, with the model due to enter the market in 2018. The company will hire 500 new employees and almost double the physical size of its plant in Italy's Emilia Romagna region.... Read More »

Renault resumes production in Turkey

May 27, 2015 16:39 CET

Renault resumed normal production at its plant in Turkey after employees ended a strike. The protest over working conditions also affected output at factories operated by Fiat and Ford.... Read More »

 
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