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Daimler to buy 25% of Italian motorbike maker MV Agusta

Oct. 31, 2014 16:04 CET

Daimler will buy a 25 percent stake in Italian motorcycle manufacturer MV Agusta as part of a long-term cooperation that gives the German car and truck maker access to lightweight three-cylinder engines.
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VW earnings outlook too cautious, analysts say
Oct. 31, 2014 10:54 CET

VW Group expects to post a 6 percent gain in underlying earnings this year, setting a new record, yet analysts believe the automaker is being overly cautious and can do e ...
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Daimler, VW bosses coy about succession
Oct. 31, 2014 06:01 CET

Succession is not an imminent topic at Daimler or Volkswagen, the CEOs of both carmakers said, adding that any potential candidates would most likely come from within the ...
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Mercedes, VW to put brakes on Google's in-car data inroads
Oct. 31, 2014 10:43 CET

VW Group and Mercedes called on fellow automakers to establish separate platforms for data on vehicle use to avoid handing over sensitive customer information to Google. ...
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Jaguar Land Rover opens $750 million engine plant
Oct. 31, 2014 06:01 CET

Jaguar Land Rover moved another step closer to gaining greater control of its destiny with the opening of its $750 million engine plant near Wolverhampton, England. ...
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Headlight maker Hella to raise 278 million euros in IPO
Oct. 31, 2014 13:16 CET

Family-owned German headlight maker Hella said today it would raise 278 million euros ($349.4 million) in a stock market flotation to fund international expansion and inn ...
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VW's Q3 profit jumps on record Audi, Porsche sales
Oct. 30, 2014 10:37 CET | UPDATED: Oct. 30 11:30 CET - Adds Audi, Skoda detail

VW Group posted higher-than-expected operating profit in the third quarter, boosted by strong demand for Audi and Porsche models in Europe and China. Earnings rose 16 per ...
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Ferrari spinoff's real winners: Agnelli clan
Oct. 30, 2014 14:31 CET

The real winners in Fiat Chrysler's spinoff of supercar unit Ferrari are Chairman John Elkann and the Agnelli industrial clan he represents, who will be the biggest share ...
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BMW, others bet on Brazil but benefits trail Mexico
Oct. 30, 2014 16:18 CET

BMW is among a group of carmakers investing in Brazil as a growing middle class fuels a surge in car sales, but high costs, poor infrastructure and few trade agreements m ...
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Renault's revenue rises on Dacia, Europe
Oct. 29, 2014 21:26 CET

Renault reported a 7 percent increase in revenue in the third quarter, boosted by higher demand for low-cost Dacia models in its home region. Revenue rose to 8.53 billion ...
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Fiat Chrysler profit increases 7% in Q3
Oct. 29, 2014 15:09 CET

Fiat Chrysler reported a slightly lower-than-expected 7 percent rise in third-quarter operating profit on weak margins in North America and a slowdown in Latin America, b ...
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Maserati beats Ferrari in Q3 profit on Montezemolo exit
Oct. 29, 2014 18:22 CET

Maserati's quarterly profit topped Ferrari's for the first time since it became part of Fiat Group more than 25 years ago. The main reason was that Ferrari took a big fin ...
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VW recalls Audi A4s in China over airbag issue
Oct. 29, 2014 10:33 CET

VW Group's joint venture with FAW Group will recall 270,635 Audi A4s in China due to an airbag software issue, the country's quality watchdog said on Wednesday. The recal ...
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VW closes sales gap with Toyota in race for No. 1
Oct. 29, 2014 11:56 CET

VW Group has narrowed its global sales gap with market leader Toyota as the world's two largest automakers enter the fourth quarter in a tight race for the industry's top ...
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Mazda readies CX-3 for Europe's hot small SUV segment
Oct. 29, 2014 06:01 CET

Mazda will join Europe's hot subcompact SUV segment early next year with the CX-3, a company spokesman said. Mazda will sell more than 25,000 CX-3s in Europe next year, a ...
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Fiat Chrysler will spin off 10% of Ferrari
Oct. 29, 2014 15:13 CET | UPDATED: Oct. 29 18:10 CET - Adds detail, analyst comment

Fiat Chrysler plans to spin off the Ferrari supercar brand, underpinning efforts to raise about $4.7 billion as the Italian-American carmaker counters rising debt. ...
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Fiat Chrysler to issue $2.5 billion bond
Oct. 29, 2014 15:40 CET | UPDATED: Oct. 29 16:33 CET - Adds detail on Exor investment

Fiat Chrysler will issue a mandatory convertible bond for $2.5 billion and place up to 100 million of its shares to shore up funding for its 48 billion euro ($61 billion) ...
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JLR picks Discovery Sport to lead Brazil output
Oct. 29, 2014 16:00 CET

The Land Rover Discovery Sport will be the first model Jaguar Land Rover produces at its new plant in Brazil, the automaker said. Output will begin in 2016. ...
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VW to launch more than 20 EVs, plug-ins in China
Oct. 28, 2014 15:53 CET | UPDATED: Oct. 29 11:44 CET - Adds detail, VW comment

Volkswagen Group said it will launch more than 20 electric vehicles and plug-in hybrids in China by the end of 2018, as it capitalizes on Beijing's support for low-emissi ...
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Hyundai Europe to add ix25 small SUV, source says
Oct. 28, 2014 15:36 CET

Hyundai will sell a version of the ix25 subcompact SUV in Europe and the U.S. starting in 2017, a company source told Automotive News Europe. The move would give H ...
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More Breaking News »    
 
Most Read
Dissecting Daimler's motorcycle deal

Christiaan Hetzner
12:53 pm U.S. ET | Oct. 31 2014

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Daimler's purchase of a stake in motorbike brand MV Agusta is nothing like Audi's purchase of Ducati ...
 Read More ›

Is Ferrari worth 12 billion euros?

Luca Ciferri
12:01 am U.S. ET | Oct. 31 2014

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Ferrari is worth as much as 12 billion euros on the open market based on Chairman Sergio Marchionne's most optimistic blue-sky estimate. ...
 Read More ›

Ferrari will go public but remain private

Luca Ciferri
3:40 pm U.S. ET | Oct. 29 2014

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Soon it will be possible to own a stake in Ferrari, but even when it is publicly listed the Italian supercar maker probably will be controlled by a very select group. ...
 Read More ›

China has room for PSA's upscale DS brand

Bruce Gain
12:01 am U.S. ET | Oct. 25 2014

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PSA's upscale DS brand is on track to be successful in China because of consumer demand for French l ...
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Japanese automakers drive UK car industry's rebound

Hans Greimel
12:01 am U.S. ET | Oct. 24 2014

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The UK's car industry is staging a big comeback. And it's mostly due to some not-so English names: Nissan, Toyota and Honda. ...
 Read More ›

Why Daimler doesn't share investors' love affair with Tesla

Christiaan Hetzner
9:14 am U.S. ET | Oct. 22 2014

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Are Tesla shares overvalued? If you ask Daimler, investors have gotten ahead of themselves with their exuberant love for Elon Musk's EV carmaker. ...
 Read More ›

Why Audi, BMW and Mercedes dominate China's luxury market

Yang Jian
8:25 am U.S. ET | Oct. 17 2014

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Brands such as Cadillac, Lexus and French newcomer DS are trying -- but failing -- to loosen the tight grip German automakers have on China's luxury car market. ...
 Read More ›

Reithofer's vision made U.S. plant into a global giant

Luca Ciferri
12:01 am U.S. ET | Oct. 11 2014

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BMW CEO Nortbert Reithofer has transformed the automaker's U.S. factory into one of the world's larg ...
 Read More ›

Carlos and Dieter show goes from strength to strength

Christiaan Hetzner
5:34 am U.S. ET | Oct. 6 2014

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Dieter Zetsche and Carlos Ghosn dispelled speculation that the industrial partnership between Daimler and the Renault-Nissan alliance could crumble once they are not around... ...
 Read More ›

Tavares brings PSA back in the race

Bruce Gain
5:56 am U.S. ET | Oct. 3 2014

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PSA CEO Carlos Tavares is already achieving positive results with his turnaround plan at the money-l ...
 Read More ›

2014
 
2013 Rising Stars 
2013 Rising Stars 
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Western European car sales rise 6% in September
Western European car sales rose 6 percent in September, according to forecaster LMC Automotive. ...
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Germany joins France, Italy in reporting car-sales rebound in September
Germany joined France and Italy in reporting a rebound in new-car registrations last month after poo ...
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Auto sector faltered in Q2
European automakers, suppliers and retailers experienced mixed fortunes in the second quarter of 2014, as measured by the Automotive News Europe/PricewaterhouseCoopers. ...
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Western European car sales extend mixed recovery
Western European car sales rose 1 percent in August, the 12th consecutive monthly gain, as faltering ...
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German, French and Italian car sales fall in August
New-car sales in Germany, France and Italy all fell slightly in August, a seasonally weak vacation m ...
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Spanish car sales rise 14% in August
Spain's new-car sales rose 14 percent to 45,355 in August, the twelfth straight month of increases, ...
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French car sales drop 3% on weak August demand
French car sales fell 3 percent last month, led by an 11 percent drop at Renault. ...
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Recovery on track as western Europe car sales rise 5%
Car sales in western Europe grew by 5 percent in July to a little more than 1 million vehicles, brin ...
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Strong UK car sales in July part of improving European trend
New-car sales in the UK rose by 7 percent in July, as the country's credit-backed growth continued. The increase follows volume growth last month in Germany, Italy and Spain. ...
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German car sales bounce back in July
New-car sales in Germany bounced back in July, suggesting further improvement in second-half demand ...
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Rolls-Royce names BMW exec interior design chief
Daniel Starke is the new Rolls-Royce interior design head, a role he previously held at BMW's i elec ...
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Lotus names Carr as new design chief
Lotus's design boss, Donato Coco, a former styling chief at Ferrari, will leave the UK sports car ma ...
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Bentley appoints Austrian dealership veteran as Europe sales boss
Bentley named Robert Engstler as its regional director for Europe. Austrian-born Engstler joins Bent ...
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Nissan recruits Hyundai Europe COO as global sales chief
Nissan has tapped Hyundai Europe's chief operating officer, Allan Rushforth, to be its new global sa ...
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BMW hires Ferrari's chief engineer
BMW has hired Ferrari's former technical director, Roberto Fedeli, for an as-yet unspecified role. ...
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Aston Martin recruits Tesla spokesman Sproule as chief marketing officer
Aston Martin has recruited Simon Sproule, Tesla's communications head, to serve as chief marketing o ...
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VW picks Kantner to lead India sales
VW Group has named Manfred Kantner the new head of passenger car sales for India and the Far East at ...
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BMW names former Audi exec to lead high-performance M unit
BMW has appointed Franciscus "Frank" van Meel as head of its M in-house performance unit. Van Meel r ...
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VW-SAIC joint venture names industry veteran as president
Shanghai Volkswagen Automotive, a joint venture between VW and SAIC Motor, hired veteran executive Chen Zhangxian as its new president. ...
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Mazda names new sales chief for Europe
Mazda veteran Martijn ten Brink is the automaker's new head of sales in Europe. ...
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Audi seeks to increase TT's market share
Audi expects its new TT to boost its market share even though demand for small sports cars is shrink ...
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BMW's taboo-breaker, the 2-series Active Tourer
BMW's 2-series Active Tourer breaks new ground for the automaker as the brand's first minivan and fi ...
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Renault's radical new Twingo could become segment leader
Renault's new Twingo is radically different than the two previous generations of the minicar with a ...
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Citroen touts 'cheerful' C1
Citroen is touting the C1's "cheerful" front-end design, open-top variant and a modern infotainment ...
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Mercedes has high hopes for S-class coupe
Mercedes expects a new name, fresh design and innovative technology will help double sales of the S- ...
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Citroen's clever C4 Cactus
Citroen has found clever ways to make its new C4 Cactus an unconventional and affordable alternative ...
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Toyota Aygo gets 'fun' makeover
Toyota is aiming its new Aygo minicar at younger buyers who don't take themselves too seriously, par ...
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Nissan X-Trail gets sporty
Nissan's new X-Trail, which is now available with front-wheel-drive and seven-seat models, has a dis ...
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The 'better Golf'
Volkswagen says the Golf Sportsvan combines the agility of the classic Golf hatchback with the roomi ...
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Honda rolls out the Civic wagon
Honda hopes that sleek styling and a smart interior will help its new Civic Tourer station wagon boo ...
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BorgWarner helps boost power in BMW 2 series
BorgWarner-sourced turbochargers for the new BMW 2 series help boost power by as much as 13 hp to 18 ...
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Jaguar F-Type relies on Stadco's aluminum skin
Stadco supplies the vast majority of the aluminum outer structure for the new Jaguar F-Type, includi ...
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Magna Powertrain helps Mercedes GLA stay on track
Magna Powertrain supplies the all-wheel-drive system for the new Mercedes-Benz GLA. ...
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Osram provides BMW i8's laser lights
Osram provides the headlamps for the optional laser high beams on the BMW i8 plug-in hybrid supercar ...
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Delphi helps reduce CO2, noise in new Peugeot 308
Delphi supplies the injectors to the new Peugeot 308's gasoline direct-injection engine, which produ ...
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Roechling, Plastic Omnium help cut CO2 in new Nissan Qashqai
Roechling Automotive and Plastic Omnium help reduce the drag coefficient in the new Nissan Qashqai t ...
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