Headlines for Thursday, February 7, 2013

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PSA takes $5.53 billion in writedowns as auto sales plummet

PSA/Peugeot-Citroen took second-half writedowns of 4.13 billion euros ($5.53 billion), reflecting the falling value of assets as the region's auto sales sink a sixth straight year. Read More »

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Continental watches eyeballs to limit distraction

Continental AG is developing a system -- dubbed the Driver Focus Vehicle -- that monitors the driver's eye movements, then warns if the driver is looking away from the road under hazardous conditions. Read More »

Renault is confident a labor deal will be reached soon

Renault is confident it will reach a deal with unions next week to restructure the automaker's operations in France. Read More »

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Renault's European fix in danger as Russian growth slows

Russia's car market is forecast to slow and possibly decline this year, ending a three-year streak of gains of more than 10 percent and damping market leader Renault's efforts to offset slumping demand in Europe. Read More »

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Daimler sees flat 2013 profit after 10% fall last year

Daimler forecast unchanged 2013 profit as spending for new models and a revamp of the automaker's operations eat into earnings. The company said earnings fell 10 percent in 2012. Read More »

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Daimler CEO Zetsche vows comeback with 13 new models

Daimler CEO Dieter Zetsche will roll out 13 new models with no predecessor in the next eight years to hep Mercedes retake the top spot in luxury-car sales by 2020. Read More »

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PSA workers face threats from striking colleagues at doomed French plant

For workers on the assembly line at PSA's Aulnay plant near Paris, starting their shift has become a daily test of nerves.They face jeers and threats, as well as eggs and other objects hurled by striking colleagues protesting against the shutdown and PSA's restructuring plans Read More »

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2013 GENEVA AUTO SHOW:

Honda joins Toyota in targeting Europe's compact wagon market

Honda will unveil a concept for a station wagon version of its Civic hatchback at next month's Geneva auto show. A production version will go on sale early next year, marking Honda's return to the European compact station wagon market. Read More »

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2013 GENEVA AUTO SHOW:

BMW touts 3-series GT as sporty but practical car

BMW will debut the 3-series GT at next month's Geneva auto show. The company is promoting the car as a practical but sleek-looking variant of its 3-series lineup. Read More »

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DOUGLAS A. BOLDUC:

Zetsche: If Winterkorn can do it, so can I

Dieter Zetsche plans to keep his double role as Daimler chairman and Mercedes CEO despite the different challenges facing the businesses. Read More »

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VW workers receive 2% of voting rights from Piech's family holding

Volkswagen workers have had their influence boosted at Europe's largest carmaker after receiving 2 percent of VW's voting rights from the Piech-Porsche family. Read More »

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VW falls, Hyundai rises in innovation ranking

The VW brand fell badly in a new ranking of innovative companies, dropping to 45th overall from 15th in 2010, the last time senior executives were polled. Hyundai and Toyota came out on top among automakers. Read More »

 
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Porsche boss Mueller, 62, says he's young enough to be VW Group CEO

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12:01 am U.S. ET | March 20 2015

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China and cutting CO2 tough tasks for incoming BMW CEO Krueger


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How Michelin may give Europe's SUV craze even more traction

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Why Land Rover leads among China's second-tier luxury brands

Yang Jian
12:01 am U.S. ET | March 13 2015

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Land Rover has remained China's fourth-largest luxury brand behind Audi, BMW and Mercedes for two ye ...
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Ford's Farley feels the squeeze in Europe's middle

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12:01 am U.S. ET | March 11 2015

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The squeeze in the middle of the European car market is getting worse for volume automakers, Ford of ...
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Why McLaren can be profitable without an SUV

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12:01 am U.S. ET | March 10 2015

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McLaren Automotive CEO Mike Flewitt says the supercar maker doesn't need an SUV to generate the cash ...
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No German-driven 'rat race' for Volvo

Douglas A. Bolduc
12:01 am U.S. ET | March 5 2015

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Volvo r&d boss Peter Mertens is not impressed with the proliferation of models at the Swedish brand's bigger German rivals. “They are in a rat race. ...
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European February car sales rise as economy bolsters demand
European car-sales rose by 7 percent in February as signs of a strengthening economic expansion in t ...
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Russian car sales fall 38% in February
Russia's new-car sales fell 38 percent to 128,298 vehicle in February as consumers continued to avoi ...
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German car sales rise as Europe rebound continues
New-car sales in Germany rose 3 percent in January, adding to signs that the European rebound is con ...
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Spanish car sales jump 28% for 17th month of growth
New-car sales in Spain rose 28 percent in January, the 17th consecutive month of growth. ...
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French car sales rise 6% in Jan. as foreign brands gain
French car sales rose 6 percent in January, halting a three-month decline. Volkswagen, BMW, Toyota a ...
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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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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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Volvo appoints Europe boss as part of global reorganization
Volvo named Anders Gustafsson as head of Europe, Middle East and Africa, one of three global busines ...
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Renault reinforces quality oversight
Renault aims to improve its quality and customer satisfaction ratings by moving its Americas chief, ...
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Cadillac Europe will be run by former BMW executive
GM has appointed veteran BMW executive Andreas Schaaf as its new Cadillac chief in Europe. ...
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BMW names ex-Mini plant boss next production chief
BMW Group has promoted manufacturing expert Oliver Zipse to succeed incoming CEO Harald Krueger as h ...
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Grupo Antolin shakes up management team
Grupo Antolin, the world's largest supplier of vehicle headliners, has shaken up the top tier of its ...
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Bentley names industry veteran Winkler to head Americas unit
Bentley said it appointed Michael Winkler as president and CEO of Bentley Motors in the Americas, replacing Christophe Georges, who will become director of product and... ...
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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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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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Fiat goes global with 500X
Fiat's 500X has the widest engine and transmission range in the automaker's lineup as the company pr ...
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BMW X6 gets sleeker to keep edge on new rivals
BMW successfully created a niche for coupe-styled large premium SUVs with the X6, but the second-gen ...
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Daimler seeks profitability at Smart with 2 minicar sizes
Daimler hopes to make its Smart small-car unit sustainably profitable by offering the same car in tw ...
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VW Passat tackles trailer troubles
Volkswagen has made a big effort to ensure its latest Passat remains Europe’s best-selling mid ...
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Audi boss calls A3 e-tron the 'perfect' EV
Audi CEO Rupert Stadler calls the A3 Sportback e-tron the “perfect electric vehicle for every ...
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Mercedes pushes S-class plug-in's zip
Mercedes-Benz's marketing plan for the new S-class plug-in hybrid aims to show prospective buyers th ...
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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
ZF supplies the new-generation Maserati Quattroporte's eight-speed automatic transmission, which is ...
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BWI Group gives Lamborghini Huracan added stability
BWI Group provides added stability to the new Lamborghini Huracan with its optional magneto-rheologi ...
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Magna, Haartz team up on Opel Cascada roof
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