Headlines for Tuesday, January 22, 2013

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Opel aims to woo Audi buyers with Cascada convertible

Jan. 22, 2013 13:26 CET
Opel/Vauxhall's new Cascada convertible will be priced 10,000 euros lower than potential rivals when it goes on sale in April as the money-losing brand seeks to attract buyers looking for a cheaper alternative to premium convertibles.

Renault denies it may close two French plants

Jan. 22, 2013 18:34 CET
Renault said its workers in France need to make concessions on pay and conditions to safeguard the future of domestic plants but denied a union leader's claim that it plans to shutter two French factories.

GM steps up cost-cutting pressure at Opel

Jan. 22, 2013 12:38 CET
General Motors said it may close a German factory at its Opel subsidiary earlier than proposed adding restructuring talks with unions must be wrapped up by February, as the U.S. carmaker seeks deep cuts to save its ailing brand.

Renault pledges extra production for labor deal

Jan. 22, 2013 15:01 CET
Renault told unions today that it could produce an additional 80,000 vehicles a year at its domestic factories for partners Nissan and Daimler if a labor deal was signed.

BMW, Mercedes hatches head to India after China flop

Jan. 22, 2013 06:01 CET
Hatchbacks from BMW, Mercedes-Benz and Audi grew so popular in Europe that the carmakers bet Chinese consumers would feel the same way. They didn't. Next stop: India.

Russian car sales will rise 5% in 2013, PwC says

Jan. 22, 2013 10:07 CET
Russian car sales will likely rise by 5 percent in 2013 to around 2.9 million, PricewaterhouseCoopers said on Tuesday. The figure represents a slowdown from the previous year but is in stark contrast to recession-bound Europe where car sales slid to a 17-year low.

Audi plans to double Middle East sales by 2020

Jan. 22, 2013 06:01 CET
Audi says it plans to double sales in the Middle East to at least 20,000 vehicles a year by 2020, as it predicts premium car deliveries in the region will grow 12 to 15 percent this year.

Daimler expects vehicle sales to grow in Turkey this year

Jan. 22, 2013 06:01 CET
Daimler's Turkish unit expects stronger car and van sales this year despite forecasting that the market will remain stagnant.

Toyota set to pick Prius developer as next chairman, report says

Jan. 22, 2013 06:01 CET
Toyota will probably pick Takeshi Uchiyamada, who led the development of the Prius hybrid car in 1990s, to replace Fujio Cho as the company's next chairman, Nikkei reported, without citing sources.

BMW offers engine to extend range of i3 EV

Jan. 22, 2013 06:01 CET
BMW will offer a two-cylinder motorcycle engine and a generator to extend the range of its i3 electric car. Herbert Diess, BMW's head of r&d, said the package will be offered as an option on the i3.

 
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Piech casts shadow over Porsche's annual meeting

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Good news for Europe's late arrivers in China

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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

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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'

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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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Jaguar Land Rover appoints former Porsche exec as China sales head
Jaguar Land Rover has appointed former Porsche executive Mark Bishop as its new China sales boss, am ...
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Porsche extends contract of production boss
Porsche has extended the contract of its production and logistics boss, Oliver Blume, by five years. ...
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GM promotes former Opel engineer to Asian tech center chief
General Motors named former Opel engineer Tobias Suenner as president of its technical center in Shanghai. ...
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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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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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