Headlines for Wednesday, January 2, 2013

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How Renault's low-cost Dacia has become a 'cash cow'

Jan. 2, 2013 06:01 CET
Once considered a risky bet, Romanian automaker Dacia has become Renault's global profit machine. Europeans think of Renault's Dacia lineup as cheap, entry-level models that compete with used cars for sales.

LUCA CIFERRI

Getting to know Dacia

12:01 am U.S. ET | Jan. 2, 2013
Until last year, I had not driven a modern Dacia model nor felt any compelling reason to do so. However, the huge sales success of the Duster SUV encouraged me to try one of the models made by Renault's low-cost subsidiary.

 
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Nick Gibbs
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Piech casts shadow over Porsche's annual meeting

Christiaan Hetzner
9:43 am U.S. ET | May 13 2015

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Ferdinand Piech upstaged his cousin Wolfgang Porsche and former protege Martin Winterkorn by missing the annual meeting of the family holding company that holds a majority... ...
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BMW's days of easy money in China are over


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Why VW tops rivals Toyota and GM in workforce size

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12:01 am U.S. ET | May 7 2015

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VW Group has more global employees than Toyota and GM combined. ...
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Marchionne is so right and so wrong about consolidation

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12:01 am U.S. ET | May 6 2015

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Fiat Chrysler chief Sergio Marchionne is absolutely right in his call for industry consolidation. Bu ...
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Piech's absence dominates VW annual meeting

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6:43 am U.S. ET | May 5 2015

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Ferdinand Piech may cause VW's leadership more headaches than ever before. ...
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Good news for Europe's late arrivers in China

Christiaan Hetzner
12:01 am U.S. ET | May 4 2015

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Late-arriving European brands in China such as Renault, Fiat and Jaguar have reason to be optimistic because most Chinese customers are ready to leave their current brands. ...
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Mercedes G class latest victim in China's clone wars

Jay Ramey
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China's Beijing Automotive has introduced an SUV that is a near clone of a western SUV, the classic ...
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Why Marchionne needs a powerful 'mother-in-law'

Luca Ciferri
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Fiat Chrysler CEO Sergio Marchionne will need a powerful, influential mother-in-law to help initiate the megamergers that he covets. ...
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8:54 am U.S. ET | April 30 2015

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German carmakers and suppliers expect currency effects to add hundreds of millions to their bottom lines. But moves by the Federal Reserve to prop up the U.S. ...
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Europe's automakers boosted shareholder value 41% in first quarter
The average shareholder value of Europe's listed automakers improved by 41 percent, outpacing European and U.S. ...
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W. Europe car sales rise nearly 7% on new models, discounts
New-car sales in Western Europe increased by 6.7 percent in April -- helped by a continuing economic ...
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German car sales rise 6% in sign of Europe rebound
German car sales rose 6.3 percent in April as Europe's No. 1 market joined France, Italy and Spain i ...
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Italy sales rose by 25% in April boosted by big discounts
Italy's new-car registrations rose 24.7 percent in April to 148,807, boosted by heavy discounting by ...
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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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Citroen names former BMW exec as China director
Former BMW executive Sabine Scheunert is the new head of Citroen in China. ...
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Borgward revival led by former Daimler China boss
Borgward named former Daimler China boss Ulrich Walker as its CEO as the company prepares to resurre ...
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Mopar head Gorlier gets additional component role
Pietro Gorlier, the head of Fiat Chrysler Automobiles' global parts and service organization, has be ...
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Hyundai names new Europe chief
Hyundai said company veteran Hyung Cheong Kim is the new president and CEO of its European operation ...
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Hella says its finance chief will leave
Hella, a German manufacturer of auto headlights and electronics, said its finance chief Wolfgang Oll ...
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Sogefi names former Faurecia exec as new CEO
Italian supplier Sogefi has named Laurent Hebenstreit as its new CEO. ...
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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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Kia bets on diesel demand for Sorento
Kia is selling its new Sorento in Europe with a diesel engine only due to low demand in the region f ...
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Espace starts Renault's upper-range revival
The new Renault Espace starts the renewal of the automaker's upper range where the brand trails riva ...
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Suzuki sees Vitara as its best-seller in Europe
Suzuki expects the new Vitara to become its best-seller in Europe because of its more mainstream loo ...
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BMW targets U.S. market with 2-series softtop
BMW has increased the size of the 2-series convertible compared with its predecessor model, the 1-se ...
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Volvo's future rides on revived XC90
Volvo says its all-new XC90 flagship represents the future of the automaker, which aims to nearly do ...
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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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Preh teams up with Audi on new TT's high-tech air vents
German supplier Preh teamed up with Audi to equip the TT with heating and air conditioning controls ...
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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
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