Headlines for Thursday, December 13, 2012

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Audi will decide on Brazil assembly line in 2013

Audi will decide next year whether to start producing vehicles in Brazil again, following rival BMW's plans for a new plant and word that Japanese brands Acura and Infiniti are on the way. Read More »

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Q&A WITH GM CEO DAN AKERSON:

Akerson bullish on PSA alliance, Opel's new models

General Motors CEO Dan Akerson is steadily putting his stamp on the automaker. He is forging a cost-saving alliance with PSA/Peugeot-Citroen and is bullish about Opel's entry into new segments with the debuts of the Adam minicar and Mokka subcompact SUV. Read More »

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Ex-VW boss Pischetsrieder to chair Munich Re insurance group

Former VW chief Bernd Pischetsrieder will be the new supervisory board chairman of Munich Re. Read More »

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DOUGLAS A. BOLDUC:

If it's not core, it's out the door

The simple rhyme above seems to be the mantra at European automakers lately. Renault, PSA and Daimler have shed substantial stakes in non-core assets. Read More »

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Jaguar drops plan to build C-X75 supercar

Jaguar said it will not build the hybrid C-X75 supercar, citing global economic pressures. The British luxury brand announced in May last year it would build 250 units of the two-seat car that would sell at prices up to 900,000 pounds ($1.5 million). Read More »

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PSA declines to comment on report of Algeria investment

PSA has declined to comment on a French news report that says the Algerian government plans to discuss an investment in the automaker with French officials during a visit by President Francois Hollande to the country next week. Read More »

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Marchionne to outline plans to build Jeeps, Fiat SUVs in Italy, report says

Fiat CEO Sergio Marchionne will soon give details of his plans for the production of Jeeps and Fiat SUVs at the automaker's factory in Melfi, Italy, sources said. Read More »

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JLR sales rise 14% in Nov. as China offsets weak N. America

Jaguar Land Rover global sales rose a record 14 percent in November as China demand surged, helping to offset a decline in North American deliveries. Read More »

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Porsche shores up profitability dominance with labor accord

Porsche will shore up its industry-leading profit margins by cutting the number of labor hours required to produce a vehicle. Read More »

VW negotiates with Chrysler on minivan future as output pauses

Volkswagen is negotiating with Chrysler about future production of its Routan minivan in Windsor, Canada, as output of the model stops for at least five months. Read More »

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Renault will sell Volvo Trucks stake to boost investment in carmaking

Renault will sell its remaining 6.5 percent stake in truckmaker Volvo as it seeks to cut debt and boost investment in carmaking. The sale will raise $1.92 billion and ends Renault's 11-year run as the Swedish truckmaker's largest shareholder. Read More »

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Lamborghini will mark 50th anniversary with new model

Lamborghini is laying big plans for its 50th birthday celebration next year, including a new car. Lamborghini CEO Stephan Winkelmann said the automaker will unveil "a special car that will celebrate" the anniversary -- a one-off design. Read More »

 
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Porsche boss Mueller, 62, says he's young enough to be VW Group CEO

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Why Land Rover leads among China's second-tier luxury brands

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Europe recovery continues in March
European car sales increased 11 percent in March, the strongest growth in a year, as the region's im ...
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Western European sales recovery accelerated in March
Western European new-car sales rose nearly 11 percent in March, helped by an increasing willingness ...
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Russian new-car sales fall 43% as economy slides
Russian new-car sales fell 43 percent last month as a weak currency, falling oil prices and Western ...
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UK sales rise 6% in best March this century
British new-car registrations rose by 6 percent in March to 492,774 vehicles, a record for the month ...
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Germany's 9% sales rise a positive sign of Europe's continued rebound
New-car sales in Germany increased 9 percent last month, the VDA industry association said. ...
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France, Italy, Spain sales growth in March encourages European recovery hopes
New-car registrations rose in France, Italy and Spain last month, adding to signs that the European ...
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European February car sales rise as economy bolsters demand
European car-sales rose by 7 percent in February as signs of a strengthening economic expansion in t ...
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Russian car sales fall 38% in February
Russia's new-car sales fell 38 percent to 128,298 vehicle in February as consumers continued to avoi ...
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German car sales rise as Europe rebound continues
New-car sales in Germany rose 3 percent in January, adding to signs that the European rebound is con ...
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Spanish car sales jump 28% for 17th month of growth
New-car sales in Spain rose 28 percent in January, the 17th consecutive month of growth. ...
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Fiat Chrysler promotes Gilles to global design boss
Fiat Chrysler promoted Ralph Gilles, its chief designer in the U.S., to global head of design. Gille ...
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Hyundai names sales veteran Schmid as No. 2 in Europe
Hyundai has promoted Thomas Schmid to chief operating officer in Europe. ...
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Jaguar Land Rover names new global engineering chief
Jaguar Land Rover named company veteran Nick Rogers as its new engineering director to succeed Wolfg ...
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Former GM Europe chief Forster will lead UK taxi builder
Auto industry veteran Carl-Peter Forster, who once headed GM Europe and Tata Motors, is new board ch ...
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Volvo appoints Europe boss as part of global reorganization
Volvo named Anders Gustafsson as head of Europe, Middle East and Africa, one of three global busines ...
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Renault reinforces quality oversight
Renault aims to improve its quality and customer satisfaction ratings by moving its Americas chief, ...
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Cadillac Europe will be run by former BMW executive
GM has appointed veteran BMW executive Andreas Schaaf as its new Cadillac chief in Europe. ...
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BMW names ex-Mini plant boss next production chief
BMW Group has promoted manufacturing expert Oliver Zipse to succeed incoming CEO Harald Krueger as h ...
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Grupo Antolin shakes up management team
Grupo Antolin, the world's largest supplier of vehicle headliners, has shaken up the top tier of its ...
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Bentley names industry veteran Winkler to head Americas unit
Bentley said it appointed Michael Winkler as president and CEO of Bentley Motors in the Americas, replacing Christophe Georges, who will become director of product and... ...
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Mercedes-Maybach offers quiet luxury
Mercedes has upgraded its flagship sedan by giving it a more spacious rear cabin and features such a ...
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Land Rover Discovery Sport on conquest path
Land Rover expects the Discovery Sport to join the Range Rover Evoque coupe-styled compact SUV in at ...
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Ford expects big boost from high-tech Mondeo
Ford expects a significant sales boost in the tough midsize segment from its latest-generation Monde ...
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Sportier Skoda Fabia keeps its functionality
The new Skoda Fabia highlights how the fast-growing Czech value brand is adding a touch of style to ...
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Mazda2 gets bigger, lighter and bolder
Mazda expects its latest Mazda2 hatchback to make a bigger impact in Europe's highly competitive sub ...
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Fiat goes global with 500X
Fiat's 500X has the widest engine and transmission range in the automaker's lineup as the company pr ...
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BMW X6 gets sleeker to keep edge on new rivals
BMW successfully created a niche for coupe-styled large premium SUVs with the X6, but the second-gen ...
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Daimler seeks profitability at Smart with 2 minicar sizes
Daimler hopes to make its Smart small-car unit sustainably profitable by offering the same car in tw ...
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VW Passat tackles trailer troubles
Volkswagen has made a big effort to ensure its latest Passat remains Europe’s best-selling mid ...
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Audi boss calls A3 e-tron the 'perfect' EV
Audi CEO Rupert Stadler calls the A3 Sportback e-tron the “perfect electric vehicle for every ...
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Novelis helps make the Jaguar XE lean and green
Novelis plays a key role in the new Jaguar XE's aluminum-intensive monocoque structure. ...
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Faurecia helps cut CO2 in new Renault Twingo
Faurecia's emissions control systems helps the third-generation Renault Twingo reduce fuel consumpti ...
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ZF provides Maserati Quattroporte with leaner, smarter transmission
ZF supplies the new-generation Maserati Quattroporte's eight-speed automatic transmission, which is ...
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BWI Group gives Lamborghini Huracan added stability
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