Western Europe

Mini and Rolls leader to speak at congress

12:01 am U.S. ET | April 20, 2015

BMW board member Peter Schwarzenbauer, who is leading Mini and Rolls-Royce through periods of major change, will speak at the Automotive News Europe Congress on June 10 in Birmingham, England.... Read More »

LUCA CIFERRI

BLOG: Fiat meeting goes from legendary to ordinary

12:01 am U.S. ET | April 17, 2015

Fiat's investor meetings in Italy used to be legendary. Thursday's first gathering in Amsterdam was extremely ordinary.... Read More »

Renault wants France to back down on voting rights rise

April 17, 2015 11:07 CET

Renault urged France, its largest-single shareholder, to back down from plans to increase its voting weight in the automaker, warning that the balance of power within its alliance with Nissan was at risk. The Japanese automaker holds a non-voting 15 percent stake in Renault.... Read More »

Europe recovery continues in March

April 16, 2015 09:15 CET

European car sales increased 11 percent in March, the strongest growth in a year, as the region's improving economy fueled demand for vehicles made by automakers such as VW Group, Renault and Fiat Chrysler. Last month 1.65 million vehicles were sold in the region.... Read More »

Magna to sell interiors unit to Grupo Antolin for $525 million

9:17 am U.S. ET | April 16, 2015

Canadian auto supplier Magna has agreed to sell its interiors operations to Grupo Antolin, a Spanish supplier with global operations, in a deal valued at about $525 million, Magna said today in a statement.... Read More »

LUCA CIFERRI

BLOG: Fiat meeting goes from legendary to ordinary

11:52 am U.S. ET | April 16, 2015

Fiat’s investor meetings in Italy used to be legendary. Thursday's first gathering in Amsterdam was extremely ordinary.... Read More »

Fiat goes Dutch with first annual investor meeting in Amsterdam

6:38 am U.S. ET | April 16, 2015

After a century of meeting in Italy, Fiat shareholders convened today in Amsterdam, swapping the company's Lingotto factory with its rooftop racetrack for a luxury hotel in the Dutch city's red light district. Only 10 investors attended the session.... Read More »

Grupo Antolin to buy Magna unit for $525 million

April 16, 2015 15:17 CET

Spain's Grupo Antolin has reached an agreement to purchase Magna International's interiors unit for about $525 million, creating what Antolin estimates will be the world's third-largest player in the consolidating sector.... Read More »

VW struggle in 'diplomacy phase' as investors weigh CEO change

April 15, 2015 12:11 CET

Volkswagen's leadership crisis has burst into the open with Chairman Ferdinand Piech's public denunciation of CEO Martin Winterkorn, but the standoff is now more likely to play out behind closed doors. Piech, 77, will meet his cousin, Wolfgang Porsche, and other family members to discuss the rift his comments appear to have opened up, sources said.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Crossovers to boost awd suppliers for rest of the decade

April 15, 2015 06:15 CET

Booming demand for SUVs and crossovers in Europe and China will keep benefiting suppliers of all-wheel-drive technology such as GKN Driveline, BorgWarner and JTEKT for the rest of the decade.... Read More »

HANS GREIMEL

BLOG: Mazda gets artsy in Milan

7:38 am U.S. ET | April 14, 2015

Is Ikuo “Speedy” Maeda, the black-clad lead stylist at Mazda, making good on his ambition to launch a designer goods line tied to the Japanese carmaker?... Read More »

ThyssenKrupp plans to sell axle systems unit, report says

9:40 am U.S. ET | April 14, 2015

German steelmaker ThyssenKrupp is selling its automotive contract assembly unit, which makes axle systems for car makers, as it seeks to streamline its activities and beef up profitability, two sources familiar with the deal told Reuters.... Read More »

Is Germany making too many luxury cars?

8:39 am U.S. ET | April 14, 2015

Massive sales gains present some tricky terrain for a luxury brand. The appeal of a German-born luxury car, at least in part, is the air of exclusivity. So how do Germany's car bosses deal with that potential stigma?... Read More »

UK tribunal cuts fine against accountancy firm over MG Rover work

April 14, 2015 12:53 CET

A UK tribunal has cut a 14 million pound ($20.5 million) fine against accountancy firm Deloitte in relation to work done for carmaker MG Rover Group. The British automaker was put into administration in 2005 with debts of 1.4 billion pounds and the loss of 6,000 jobs.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Renault Kadjar, VW Tiguan will help drive compact SUV sales past 2 million

April 14, 2015 06:15 CET

Rivalry in Europe's compact SUV/crossover segment will intensify as more brands compete with refreshed models or all-new entries such as the Renault Kadjar. By 2020 sales in the segment are forecast to double to more than 2 million.... Read More »

Valeo says Audi will use its supercharger to reduce lag and save fuel

April 13, 2015 06:01 CET

Valeo says other automakers likely will follow Audi in using its electric supercharger that boosts an engine's acceleration while also saving fuel. The supplier said Audi will launch a production car with the supercharger next year.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Automakers defend diesels, call them key to meeting CO2 goals

April 13, 2015 06:15 CET

Automakers in Europe are calling for long-term clarity on legislation that affects diesels after some governments, including France, started to discourage buyers from purchasing vehicles that use the fuel because of air pollution concerns.... Read More »

VW will expand Slovak plant for Bentley SUV production

April 10, 2015 06:01 CET

VW Group will invest 500 million euros to expand its Bratislava, Slovakia, factory as it prepares to add production of bodies for Bentley's new SUV. The factory builds minicars for VW, Skoda and Seat, along with the VW Touareg and Audi Q7 large SUVs and bodies for the Porsche Cayenne.... Read More »

EVs under pressure as plug-ins rise in Europe

April 10, 2015 06:01 CET

More full-electric vehicles were sold in Europe last year than plug-in hybrids, but plug-ins are poised to overtake EVs soon. The biggest market for EVs was Norway while the Netherlands was the biggest market for plug-ins.... Read More »

Western European sales recovery accelerated in March

April 8, 2015 17:46 CET

Western European new-car sales rose nearly 11 percent in March, helped by an increasing willingness by private customers to make purchases, particularly in the ailing southern European economies.... Read More »

New Alfa Romeo engines will be built in Italy

April 8, 2015 17:27 CET

Fiat Chrysler said two high-performance engines that will play an important role in Alfa Romeo's global relaunch will be built at the automaker's plant in Termoli, Italy.... Read More »

UK sales rise 6% in best March this century

April 8, 2015 11:03 CET

British new-car registrations rose by 6 percent in March to 492,774 vehicles, a record for the month this century. It was the 37th month of consecutive growth for the UK's new-car market.... Read More »

Asia-Pacific grabs bigger share of 2014 global vehicle output

2:55 pm U.S. ET | April 7, 2015

The Asia-Pacific region was the center of vehicle production again in 2014, accounting for more than half of global output, and is expected to keep grabbing a larger slice. The North American market also improved, with Mexico output jumping 10 percent.... Read More »

China gets the lion’s share of vehicle production capacity investments in 2014

7:00 pm U.S. ET | April 7, 2015

China once again captured the bulk of global investments in new or expanded vehicle production capacity last year, winning more than half of the auto industry’s total outlays earmarked to add or expand output.... Read More »

LUCA CIFERRI

BLOG: How PSA's Tavares keeps his desk clean

12:01 am U.S. ET | April 6, 2015

PSA's Carlos Tavares has topped past and present CEOs Lee Iacocca, Jacques Nasser and Sergio Marchionne in an interesting category: He has the cleanest desk of any automaker CEO I have ever met.... Read More »

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