Headlines for Friday, February 1, 2013

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Geely rescues London black cab maker

Feb. 1, 2013 10:34 CET
Geely agreed to purchase Manganese Bronze Holdings, rescuing the maker of London's iconic black taxis.

Ford sued in the UK by over 1,400 ex-employees on Visteon pension switch

Feb. 1, 2013 17:33 CET
Ford was sued by more than 1,400 former UK workers for making misleading statements about the security of transferring their pensions to Visteon during the 2000 spinoff of the auto-parts company.

Mazda Europe names new chief information officer

Feb. 1, 2013 06:01 CET
Mazda Europe has promoted company veteran Alex Janssens to be the unit's first chief information officer.

Declining January car sales sink European upturn hopes

Feb. 1, 2013 10:51 CET
New-car sales extended their declines in France, Italy and Spain last month, leaving little hope of a European auto market rebound anytime soon.

Spain new car sales fell 9.6% in January

Feb. 1, 2013 11:46 CET
Spanish new-car sales dropped 9.6 percent to 49,671 in January, car manufacturers' association Anfac said.

LUCA CIFERRI

Europe: Bad and getting worse

12:01 am U.S. ET | Feb. 1, 2013
Fiat and Ford lost a combined 2 billion euros in Europe last year and both automakers expect this year to be even tougher. Ford predicts its 2013 European loss will rise to $2 billion while Fiat CEO Sergio Marchionne says that Europe "perhaps has not yet hit bottom."

ANE monthly e-magazine goes live Monday

Feb. 1, 2013 06:01 CET
The new issue of the Automotive News Europe monthly e-magazine goes live on Monday, Feb. 4. Our cover story looks at the challenges facing European automakers as they battle to keep their light commercial vehicle businesses profitable.

PSA unions bicker over job cuts at crisis-hit automaker

Feb. 1, 2013 06:01 CET
PSA/Peugeot-Citroen labor leaders squared off against one another over a plan to eliminate 17 percent of the automaker's French work force, with three of the five main unions urging immediate action to stem losses.

Daimler will buy 12% stake in Beijing Auto's car unit

Feb. 1, 2013 12:04 CET
Daimler will pay 640 million euros for a 12 percent stake in the car unit of Chinese partner Beijing Automotive and get two seats on the board, the German company said on Friday.

 
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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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