Headlines for Thursday, February 7, 2013

Quick search (past 7 days):
- or -
Choose a date:


Use the form on the right to select a specific day >>

image

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 »

image

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 »

image

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 »

image

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 »

image

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 »

image

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 »

image
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 »

image
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 »

image
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 »

image

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 »

image

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 »

 
Most Read
Gesture recognition makes dials, buttons obsolete

Douglas A. Bolduc
12:01 am U.S. ET | July 1 2014

image
Buttons and dials may become obsolete to control your car's radio, heater and navigation system. That's because those functions can now be managed with the wave of the hand. ...
 Read More ›

Will global automakers drop Chinese partners?

Yang Jian
7:32 am U.S. ET | June 30 2014

image
China may relax its 50 percent ceiling on foreign automakers' ownership of joint ventures, but this ...
 Read More ›

BMW's iDrive earns high marks, but doesn't match Apple

Douglas A. Bolduc
7:37 am U.S. ET | June 27 2014

image
BMW's iDrive system ranked highest in Germany and Italy for user experience in a recent test, but the automaker and its peers have a long way to go to match Apple. ...
 Read More ›

At PSA, Tavares echoes Renault's management template

Bruce Gain
12:01 am U.S. ET | June 24 2014

image
PSA/Peugeot-Citroen CEO Carlos Tavares's new executive committee structure is very much like the one he left behind at Renault when he was Carlos Ghosn's No. 2. ...
 Read More ›

Toyota exec ready to 'help' Nissan in Europe

Douglas A. Bolduc
12:01 am U.S. ET | June 23 2014

image
Toyota Europe CEO Didier Leroy says he's ready to “help” Nissan achieve its stated goal of becoming the top-selling Japanese automaker in the region. ...
 Read More ›

Walter de Silva: Italy's loss, VW's gain

Luca Ciferri
6:37 am U.S. ET | June 13 2014

image
Walter de Silva had to leave Italy to become a legend in the vehicle design world. It's a common sto ...
 Read More ›

Ford of Europe's quiet designer made a big impact

Bradford Wernle
12:01 am U.S. ET | June 6 2014

image
Martin Smith, Ford's longtime design director for Europe, is not a man of many words. ...
 Read More ›

Toyota Europe boss shares secrets to his success

Douglas A. Bolduc
1:22 am U.S. ET | June 4 2014

image
Toyota Europe CEO Didier Leroy says that to become a true leader you should not worry about making your boss happy. ...
 Read More ›

Zetsche sees speedy uptake of F1 tech in Mercedes cars

Luca Ciferri
12:01 am U.S. ET | May 30 2014

image
Dieter Zetsche foresees Mercedes models benefiting quicker than ever from the automaker's participat ...
 Read More ›

How PSA's DS division aims to sell French chic worldwide

Bruce Gain
12:01 am U.S. ET | May 29 2014

image
PSA's Paris dealership dedicated to the upscale DS brand is much like a high-end French restaurant: ...
 Read More ›

image
Europe car sales rise for ninth month
Europe's car sales rose 4 percent in May as growing consumer confidence encouraged purchases of new ...
 Read More ›
image
UK car sales rise to 10-year monthly record in May
UK car sales rose nearly 8 percent in May to hit a 10-year record for the month, but future demand i ...
 Read More ›
image
European car sales lackluster in May
New-car registrations across Europe were generally lackluster in May after a rebound in the first fe ...
 Read More ›
image
European sales rise 4% in April
New-car registrations in Europe rose 4 percent in April with mass-market automakers Renault, Ford, O ...
 Read More ›
image
Russian car sales fall 8% in April on weak ruble
Russian car sales fell 8 percent in April as the weak ruble hit consumer demand. ...
 Read More ›
W. Europe car sales headed for 4% growth after strong April
Western European car sales may rise 4 percent to 12.04 million this year as the region's auto market continues its recovery. ...
 Read More ›
image
German car sales fall for first time in five months
Sales of new cars in Germany fell by nearly 4 percent in April, bucking the trend in the other major ...
 Read More ›
image
European car sales rise 10% in March
European car sales jumped 10 percent in March, the seventh consecutive monthly gain, as new models t ...
 Read More ›
image
European car sales recovery gains pace as German deliveries rise 5%
Germany joined France, Italy and Spain in posting higher new-car sales in March, adding to signs tha ...
 Read More ›
image
European car sales rise 8% in February as region's economy revives
European car sales rose by nearly 8 percent percent in February, the sixth consecutive monthly gain, ...
 Read More ›
image
VW taps veteran German exec for top U.S. quality post
Volkswagen Group of America named German national Stefan Schueller quality chief for VW and Audi in the United States. ...
 Read More ›
image
Renault names new engineering chief
Renault named company veteran Gaspar Gascon Abellan as its new engineering chief. Abellan succeeds J ...
 Read More ›
image
SGL Carbon names Majerus as CFO
Carbon fiber manufacturer SGL Carbon has named Michael Majerus as its new chief financial officer. He starts a three-year term on July 1. ...
 Read More ›
image
Tavares names Europe chief, reshuffles top jobs at PSA
PSA CEO Carlos Tavares has appointed a boss for the company's European operations and recruited a fo ...
 Read More ›
image
IAC promotes veteran exec to head European commercial operations
Luxembourg-based supplier International Automotive Components (IAC) has promoted Marcus Nyman to senior vice president of commercial operations for the European region. ...
 Read More ›
image
Hyundai Europe marketing boss Hall quits
Hyundai, one of the few carmakers not benefiting from a rebound in European car sales, said its mark ...
 Read More ›
image
Ford names Mustang styling chief new Europe design boss
Ford has named Joel Piaskowski, who helped create the automaker's new Mustang, to head its design team in Europe. He will succeed Martin Smith on July 1. ...
 Read More ›
image
Rolls-Royce picks former Infiniti, Audi exec to lead sales
Rolls-Royce has named former Infiniti and Audi executive Fintan Knight as its new director of sales ...
 Read More ›
image
Ex-Renault marketing boss Norman joins PSA
PSA CEO Carlos Tavares has chosen former Renault colleague Stephen Norman as senior vice president o ...
 Read More ›
image
Rolls-Royce recruits former Chery executive
Rolls-Royce named Brett Soso, a former executive at China carmaker Chery, as regional director for t ...
 Read More ›
image
Nissan wants e-NV200 to steal sales from diesel rivals
Nissan wants fleet managers in Europe to turn away from diesel-powered delivery vans in favor of its ...
 Read More ›
image
Peugeot's crossover fighter
Peugeot has high hopes for the new 308 SW despite many customers deserting compact station wagons fo ...
 Read More ›
image
Porsche adds second SUV
Porsche hopes its Macan compact SUV will be able to repeat the success of its Cayenne, which account ...
 Read More ›
image
Mercedes C class gets French power
Mercedes is offering a more fuel-efficient powertrain lineup in its new lighter, bigger C class, inc ...
 Read More ›
image
Kia enhances Soul's SUV traits
Rising demand for subcompact-sized SUV-styled models has driven Kia to put more emphasis on the late ...
 Read More ›
image
BMW woos U.S. buyers with 2 series
BMW is aiming the 2-series coupe at drivers looking for performance and driving dynamics in a compac ...
 Read More ›
image
Nissan moves Qashqai upmarket
Nissan is so confident about the new Qashqai that its production capacity is three times that of the ...
 Read More ›
image
Bigger Mini keeps its charm
The third-generation Mini looks very much like its predecessor but beneath the longer body shell a l ...
 Read More ›
image
Mercedes touts GLA's sporty looks
Mercedes expects a 70 percent conquest rate for the GLA, the brand's smallest and cheapest SUV. ...
 Read More ›
image
Seat goes large with Leon ST
Seat is hoping to win new customers to its compact Leon range with the arrival of the Sports Tourer, ...
 Read More ›
image
Roechling, Plastic Omnium help cut CO2 in new Nissan Qashqai
Roechling Automotive and Plastic Omnium help reduce the drag coefficient in the new Nissan Qashqai t ...
 Read More ›
image
Brose, Behr, Conti keep Skoda Octavia's cabin cozy
Several suppliers contributed to the Octavia's HVAC system. ...
 Read More ›
image
TrelleborgVibracoustic helps cut CO2 in Porsche Macan
TrelleborgVibracoustic supplies the Porsche Macan's optional air springs that allow the crossover to ...
 Read More ›
image
ZF 8-speed cuts fuel use in new BMW 4 series
ZF supplies the new BMW 4 series with its optional eight-speed automatic transmission. ...
 Read More ›
Rocket Fuel