Headlines for Wednesday, January 9, 2013

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Hyundai picks former Russia boss to head Europe unit

Jan. 9, 2013 17:38 CET
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.

DETROIT AUTO SHOW PREVIEW

Smaller, smarter cars to star in Detroit

Jan. 9, 2013 06:01 CET
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.

Renault to increase production in Turkey on recovering local demand

Jan. 9, 2013 10:19 CET
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.

PSA 2012 deliveries drop on Europe, Iran

Jan. 9, 2013 08:34 CET
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.

Russia car output to soar, but not without risks

Jan. 9, 2013 08:00 CET
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.

NICK GIBBS

Overcapacity in Russia?

12:01 am U.S. ET | Jan. 9, 2013
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.

France seeks EU approval for PSA aid, report says

Jan. 9, 2013 10:09 CET
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.

Japanese automakers take aim at Europe's growing wagon segment

Jan. 9, 2013 06:01 CET
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.

 
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Western European car sales rise 6% on Spain, Italy rebound
Western European car sales rose nearly 6 percent in January as the southern markets of Spain and Ita ...
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Jeep, Smart, Jaguar benefit most from Europe's forecast-beating 2015 sales
Jeep, Smart and Jaguar were the biggest sales winners last year in Europe, where overall vehicle sal ...
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Growth in car sales in key European markets 'encouraging' in January
New-car sales increased in key European markets in January including 3 percent growth in Germany and ...
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French automakers lose ground to rebounding VW
French new-car registrations increased 3. ...
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European car-sales growth forecast to slow to 2% in 2016
European car sales likely will rise 2 percent in 2016, down from 9 percent last year, as northern ma ...
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European sales growth will slow this year, say Daimler, Ford, Volvo CEOs
European automotive executives expect the region's car sales to grow for a third straight year in 20 ...
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VW trails rivals as Europe sales rise 16% in December
New-car sales in Europe rose 16 percent in December in the 28th consecutive month of growth with For ...
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Western automakers hit hard as Russia car sales fell 36% in 2015
Russia's car sales plunged by 36 percent in 2015 in a disastrous year for Western automakers with op ...
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VW brand sales fall 8% in Dec., dragging down group result
Global sales of VW brand cars fell by 7.9 percent in December as the automaker's emissions crisis an ...
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Europe must look south for car sales growth this year
Western European car sales rose nearly 9 percent last year but the region will likely need a continu ...
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Former Opel CEO Demant retires after VW role
Volkswagen Group's international projects chief, Hans Demant, has retired, ending a long career that ...
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PSA appoints former Yahoo exec as chief digital officer
PSA named former Yahoo executive Brigitte Cantaloube as the automaker's first chief digital officer ...
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Mercedes promotes UK sales boss to U.S. role
Mercedes-Benz named its UK sales boss, Adam Chamberlain, as head of sales in the U.S. ...
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VW picks ex-BMW manager to head core brand in North America
Volkswagen has picked ex-BMW manager Hinrich Woebcken to run the North American business of its core ...
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VW motorsport director Capito moves to McLaren
Volkswagen motorsport director Jost Capito has been appointed CEO of McLaren Racing. ...
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Nissan names new Europe marketing chief
Nissan has promoted company veteran Jean-Pierre Diernaz to its new Europe marketing head. ...
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Hyundai hires former Lamborghini exec to shape strategy at luxury Genesis brand
Hyundai has hired former Lamborghini executive Manfred Fitzgerald to shape strategy at its new Genes ...
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Porsche names new production chief
Porsche has named VW Group veteran Albrecht Reimold as new production boss to replace Oliver Blume w ...
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Porsche names new production chief
Porsche has named VW Group veteran Albrecht Reimold as new production boss to replace Oliver Blume w ...
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Renault names former EV boss as sales and marketing chief
Renault named its former EV program boss, Thierry Koskas, as the company's sales and marketing chief ...
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Hyundai Tucson gets big boost from Europe's SUV boom
Hyundai expects the Tucson to change perceptions of the brand in Europe, thanks to its bolder design ...
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Product launches follow a faster cadence
New model launches are getting faster, more frequent and less certain. They also might be a lot fart ...
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Opel boosts connectivity offer in new Karl
Opel's new entry-level model, the Karl, is the brand's cheapest car but it now offers advanced conne ...
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Infiniti's 'big bang' starts with Q30
Infiniti expects the Q30 hatchback and its sibling model, the QX30 crossover, to give the brand a hu ...
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Renault packs Megane with high-tech upgrades
Renault has added upscale features to its new Megane to make the hatchback a better challenger in Eu ...
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Mini tweaks Clubman, moves it up a class
Mini hopes the latest Clubman's four-door body style instead of a three-and-a-half door configuratio ...
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Renault thinks big, green with Talisman flagship
Renault hopes that its new Talisman midsize car will win customers because of its size, efficient po ...
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Opel wants leaner Astra to leap over rivals
Opel hopes to win sales from the Volkswagen Golf as well as compact luxury models such as the BMW 1 ...
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Audi sees A4 causing segment shake-up
Audi executives are optimistic the arrival of the new A4 will give the Volkswagen Group subsidiary t ...
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Toyota rolls out fuel cell cars, but Europe is not ready yet
Toyota's European rollout of the fuel cell Mirai this month will be limited to the few countries in ...
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Suppliers to the new Jaguar XF
Assembly of the second-generation Jaguar XF began in June 2015 at Jaguar Land Rover's factory in Cas ...
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Suppliers to the new Audi Q7
Assembly of the second-generation Audi Q7 began in February 2015 at the German automaker's factory i ...
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Suppliers to the new VW Touran
Assembly of the third-generation Volkswagen Touran began in June 2015 at the German automaker's fact ...
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Suppliers to the new BMW 7 series
Assembly of the sixth-generation BMW 7 series began in July 2015 at the automaker's factory in Dingo ...
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Magna makes new VW Passat lighter
Magna shaved weight off of the body stampings it provides to the eighth-generation VW Passat, which ...
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GKN helps slash CO2 in new Volvo XC90
GKN Automotive formed a partnership with Volvo to develop a so-called eAxle for the plug-in hybrid v ...
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