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VW profit falls amid emerging-market troubles

July 31, 2014 11:38 CET | UPDATED: July 31 12:10 CET- adds brand results

Volkswagen said operating profit declined 3.1 percent in the second quarter as emerging-market volatility weighed on earnings.
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Fiat investors likely to approve Chrysler merger
July 31, 2014 06:01 CET

Fiat shareholders will likely approve the automaker's merger with Chrysler when they meet in Italy for the last time on Friday. Industry watchers expect Fiat to win the t ...
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Daimler will invest 1.5 billion euros in its biggest German plant
July 31, 2014 10:51 CET

Daimler plans a 1.5 billion euros investment its Mercedes plant in Sindelfingen, Germany, after employees agreed a labor deal that the company says will save 100 million ...
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Continental raises 2014 profit forecast on lower costs, auto demand
July 31, 2014 11:26 CET | UPDATED: July 31 12:35 CET - Adds CFO comments

Continental raised its 2014 profit forecast for the second time this year to 11 percent of sales from 10.5 percent, after lower production costs and improving auto demand ...
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VW closes gap on Toyota's global lead
July 30, 2014 08:02 CET

Volkswagen is closing in on Toyota as the global leader in vehicle sales, with a rapid expansion drive in China while Toyota curbs growth to focus on shoring up quality. ...
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PSA's car division back in profit as new CEO makes mark
July 30, 2014 08:27 CET

PSA/Peugeot-Citroen narrowed its first-half net loss and posted the first positive contribution from its core auto division in three years, as the carmaker's recovery pla ...
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Audi said to plan efficiency push to lower costs
July 30, 2014 20:45 CET

Audi CEO Rupert Stadler plans steps to boost efficiency and lower costs on all operating levels, a source said, as the luxury carmaker struggles to raise output and profi ...
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Marchionne says he is open to new alliances but won't sell Alfa Romeo
July 30, 2014 17:10 CET

Fiat CEO Sergio Marchionne reiterated that Alfa Romeo will not be sold but said he remains open to forming alliances with other carmakers if it helped cut costs. ...
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Fiat profit falls on weak North, South America performance; Europe loss reduced
July 30, 2014 11:33 CET | UPDATED: July 30 14:17 CET - adds details

Fiat reported a fall in second-quarter operating profit as a better performance from its luxury brands and its Asia and European operations failed to offset weak Latin Am ...
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ZF in advanced talks to buy TRW for near $12 billion, report says
July 30, 2014 19:22 CET

ZF Friedrichshafen is in advanced talks to acquire TRW Automotive for nearly $12 billion, in a deal that would create an automotive supply powerhouse, Reuters reported.. ...
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2014 PARIS AUTO SHOW
Jaguar touts aluminum features on upcoming XE
July 30, 2014 18:35 CET

Jaguar Land Rover is touting the aluminum features on its upcoming Jaguar XE sedan, promising it will be the most fuel efficient vehicle in brand's history. ...
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VW suffers production woes adjusting to MQB platform, report says
July 29, 2014 16:38 CET

Volkswagen's move to add extra German production shifts for the Golf, which the company has attributed to strong demand, is also due to problems adjusting to its new MQB ...
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Italy mulls incentives to boost 'fragile' car market
July 29, 2014 13:32 CET

The Italian government is considering offering tax incentives to encourage new car purchases by both private and public sector owners, Transport Minister Maurizio Lupi sa ...
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AvtoVAZ CEO Andersson aims to restore pride to Lada
July 29, 2014 13:12 CET

Bo Andersson, a former top purchasing manager at GM, aims to turn around the struggling Russian automaker AvtoVAZ through cost reductions and launching new Lada cars that ...
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Carmakers see Russia's potential, but huge risks remain
July 29, 2014 06:01 CET

For General Motors, Ford, Volkswagen, Renault-Nissan and other carmakers, Russia is an emerging market with huge strategic significance. But the risks are there too, and ...
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Renault first-half profit surges 25% on cost cuts
July 29, 2014 08:28 CET

Renault reported a 25 percent jump in first-half operating profit thanks to cost-cutting even as currency headwinds and mounting inventories hurt sales and cash flow. ...
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2014 PARIS AUTO SHOW
Land Rover preps Discovery Sport with seating for 7
July 30, 2014 04:33 CET

Land Rover will sell a Discovery Sport model that will be available with seating for seven passengers in a 5+2 configuration. ...
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2014 PARIS AUTO SHOW
Skoda bets on sporty design to boost Fabia sales
July 29, 2014 06:01 CET

Skoda has given its Fabia subcompact a more dynamic, sharper and sportier design. The latest-generation Fabia will debut at the Paris auto show in October. ...
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2014 PARIS AUTO SHOW
Kia hints at next Sorento with design sketches
July 30, 2014 03:58 CET

Kia has given its Sorento a bolder look for the third-generation of the SUV. ...
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Faurecia increases earnings target
July 29, 2014 11:39 CET

Faurecia raised its 2014 earnings forecast after first-half profit jumped 21 percent on strong demand in Asia and higher market share in its home region. ...
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Fiat would find a safe haven in VW

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BMW's iDrive system ranked highest in Germany and Italy for user experience in a recent test, but the automaker and its peers have a long way to go to match Apple. ...
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At PSA, Tavares echoes Renault's management template

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PSA/Peugeot-Citroen CEO Carlos Tavares's new executive committee structure is very much like the one he left behind at Renault when he was Carlos Ghosn's No. 2. ...
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Toyota exec ready to 'help' Nissan in Europe

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Walter de Silva had to leave Italy to become a legend in the vehicle design world. It's a common sto ...
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