Headlines for Wednesday, January 9, 2013

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Hyundai picks former Russia boss to head Europe unit

Hyundai has appointed former Russia boss Byung Kwon Rhim to head its growing operations in Europe. Rhim, 52, also has held several marketing positions within Europe and previously headed the Europe division at Hyundai's headquarters in Korea. Read More »

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DETROIT AUTO SHOW PREVIEW:

Smaller, smarter cars to star in Detroit

Next week's Detroit auto show will demonstrate that automakers are finding ways to provide sharp looks and speed, even as cars are shrinking to save fuel. Audi may show the RS7, a high-performance version of the A7, while Chevrolet will unveil a redesigned Corvette. Read More »

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Renault to increase production in Turkey on recovering local demand

Renault plans to increase local production in Turkey to take advantage of a market expected to grow slightly in 2013. The automaker aims to use as much as 92 percent of the 360,000 vehicles-a-year capacity at its Bursa plant this year, compared with almost 86 percent in 2012. Read More »

PSA 2012 deliveries drop on Europe, Iran

PSA vehicle deliveries dropped 16.5 percent to 2.97 million last year as the struggling automaker lost ground in the European market and withdrew from Iran. Read More »

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Russia car output to soar, but not without risks

Russia's auto industry is in danger of sliding into the same overcapacity problem as the rest of Europe, analysts say. The warning comes after contract manufacturer Avtotor Holding became the latest to announce a major investment in Russian auto production. Read More »

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NICK GIBBS:

Overcapacity in Russia?

Automakers for months have been announcing plans to add local manufacturing in Russia. The list of companies planning to increase output includes VW, Nissan and Ford. But when Russian sales unexpectedly fell flat in November it caused concern. Read More »

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France seeks EU approval for PSA aid, report says

The French government has officially sought approval from the European Union for its 7 billion euro ($9.2 billion) state loan guarantee for PSA's financing arm, a French newspaper reported today. Read More »

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Japanese automakers take aim at Europe's growing wagon segment

The European market for compact station wagons is becoming more competitive after Honda said it will join Toyota in adding a wagon variant to its Civic lineup. Read More »

 
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Europe 2014 sales rise on low-cost brands shift
European car sales in 2014 rose for the first time in seven years, thanks to government incentives, ...
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Russia car sales forecast to drop 24% as economic crisis worsens
Russian car sales are set to decline by 24 percent this year after falling 10 percent in 2014 as the ...
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W. Europe car sales up 5% in 2014; 3% gain seen for 2015
New-car sales in western Europe increased by 5 percent in 2014, the best result since 2009, but grow ...
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German car sales rose 7% in December on extra selling day
New-car sales in Germany rose 7 percent in December, returning Europe's largest auto market back to positive annual growth after two years of shrinking sales. ...
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Car sales slump in France in December, but rise in Spain and Italy
France's floundering economy pushed car sales 7 percent lower in December, while Spanish sales jumpe ...
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Budget brands win despite Europe's car sales slowdown
New-car registrations in Europe rose 1 percent in November, with budget brands beating the market as ...
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Russian auto market decline slows in November
Russian car sales fell 1 percent in November compared with 10 percent the month before as a state sc ...
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Western Europe car sales lifted by UK as France, Germany falter
Western Europe new-car sales rose 1 percent in November as strong demand in the UK and Spain helped ...
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Auto sector takes hit in Q3
Automakers and suppliers were hit hard in the third quarter while car retailers continued to make gains, according to the Automotive News Europe/PwC shareholder value.. ...
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Europe's auto recovery continues without France
Western European new-car sales rose 6 percent in October as demand picked up in all major markets ex ...
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Ford names new lobbyist in Europe as free trade, CO2 pressure intensifies
Ford of Europe has promoted veteran lobbyist Andrew McCall as its new vice president for government ...
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New Mini boss is former Audi executive
BMW named former Audi executive Sebastian Mackensen as head of its Mini brand. ...
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Volvo appoints Kerssemakers as U.S. chief
Volvo is reshuffling its North American management by appointing global corporate product strategy c ...
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McLaren names new design chief
UK supercar maker McLaren promoted Robert Melville to the post of chief designer, reporting to the c ...
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VW's Seat brand recruits Ford designer Lamm
Volkswagen's Seat brand has recruited Ford of Europe stylist Stefan Lamm as its new head of exterior ...
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Aston Martin hires former Porsche exec as China boss
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Bosch's automotive head quits to become CEO of Mahle
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Ford-Getrag JV names new COO
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VW hires BMW exec Diess to lead core car brand
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BMW names Krueger next CEO, Reithofer new chairman
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Jeep pushes Renegade's off-road skills
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Mini 5-door may become best-seller
The Mini five-door variant targets customers who need more space. ...
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Nissan touts Pulsar's roominess
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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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ZF provides Maserati Quattroporte with leaner, smarter transmission
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