Headlines for Thursday, February 14, 2013

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GM is confident of Europe turnaround after losses doubled

General Motors reiterated that it expects to break even in Europe by mid-decade after reporting losses in the region that more than doubled. GM said the market will fall further in 2013. Read More »

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Fiat wins removal of false 500X image from Geneva show site

Geneva auto show organizers apologized to Fiat after a fake image of the automaker's upcoming 500X crossover was published on the show's Web site. The picture was taken off the site after Fiat complained that the image was not genuine. Read More »

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Tata Motors Q3 profit falls as Jaguar Land Rover cash boom shifts into reverse

Hit by falling margins and rising capital expenditure, roaring Jaguar Land Rover may be heading for a speed trap. Read More »

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Renault-Nissan, UniCredit create Russia finance venture

Renault-Nissan will create a joint venture with Italian bank UniCredit to sell loans to car buyers in Russia. The alliance will have a 60 percent stake in the venture, while UniCredit will hold 40 percent, the companies said in a joint statement. Read More »

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LUCA CIFERRI:

Why Daimler should have more faith in Italy

Daimler is one of the companies bracing itself against Italy's possible exit from the euro. The controversial move comes at a tense time for the country. Read More »

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Opel labor talks resume Friday with no end in sight

German labor leaders will return to the negotiating table with Opel for two days of talks starting Friday. Read More »

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Renault 2012 earnings beat estimates as debt is eliminated

Renault eliminated debt at its auto manufacturing unit last year for the first time since its tie-up with Nissan. The company said 2012 earnings before interest, taxes and one-time items were 729 million euros, beating analysts' estimates. Read More »

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Russian automakers mull luxury brand to rival BMW, Mercedes

Russian automakers are considering their government's desire for a domestic luxury brand to challenge the dominance of Western premium brands such as BMW, Mercedes-Benz and Audi, but they appear cool on the proposal. Read More »

Europe's January car sales offer little hope of recovery

LMC Automotive says it sees little hope of auto sales recovering in Europe this year after registrations in January plunged 9.5 percent. LMC predicted western Europe's full-year sales will drop 4.1 percent this year to 11.27 million, the sixth continual year of decline. Read More »

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

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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. ...
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At PSA, Tavares echoes Renault's management template

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

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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. ...
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Toyota exec ready to 'help' Nissan in Europe

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

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

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

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Walter de Silva had to leave Italy to become a legend in the vehicle design world. It's a common sto ...
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Ford of Europe's quiet designer made a big impact

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

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Martin Smith, Ford's longtime design director for Europe, is not a man of many words. ...
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Toyota Europe boss shares secrets to his success

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

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Toyota Europe CEO Didier Leroy says that to become a true leader you should not worry about making your boss happy. ...
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Zetsche sees speedy uptake of F1 tech in Mercedes cars

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

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Dieter Zetsche foresees Mercedes models benefiting quicker than ever from the automaker's participat ...
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How PSA's DS division aims to sell French chic worldwide

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

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PSA's Paris dealership dedicated to the upscale DS brand is much like a high-end French restaurant: ...
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Mini boss experiences love at first sight

Luca Ciferri
5:43 am U.S. ET | May 26 2014

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Mini boss Peter Schwarzenbauer's passion for the Superleggera Vision concept is deep. One look at the car and you'll understand why. ...
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Zetsche on EU: Relish the peace


12:01 am U.S. ET | May 23 2014

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Daimler CEO Dieter Zetsche says it is important not to lose sight of the many benefits of a united Europe. One he never takes for granted is peace. ...
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Europe car sales rise for ninth month
Europe's car sales rose 4 percent in May as growing consumer confidence encouraged purchases of new ...
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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 ...
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European car sales lackluster in May
New-car registrations across Europe were generally lackluster in May after a rebound in the first fe ...
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European sales rise 4% in April
New-car registrations in Europe rose 4 percent in April with mass-market automakers Renault, Ford, O ...
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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. ...
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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. ...
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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 ...
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European car sales rise 10% in March
European car sales jumped 10 percent in March, the seventh consecutive monthly gain, as new models t ...
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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 ...
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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, ...
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Renault names new engineering chief
Renault named company veteran Gaspar Gascon Abellan as its new engineering chief. Abellan succeeds J ...
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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. ...
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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 ...
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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. ...
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Hyundai Europe marketing boss Hall quits
Hyundai, one of the few carmakers not benefiting from a rebound in European car sales, said its mark ...
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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. ...
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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 ...
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Ex-Renault marketing boss Norman joins PSA
PSA CEO Carlos Tavares has chosen former Renault colleague Stephen Norman as senior vice president o ...
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Rolls-Royce recruits former Chery executive
Rolls-Royce named Brett Soso, a former executive at China carmaker Chery, as regional director for t ...
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PSA names new chiefs for Citroen and DS brands
Citroen's UK chief, Linda Jackson, will replace Frederic Banzet as the brand's CEO while strategy di ...
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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 ...
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Peugeot's crossover fighter
Peugeot has high hopes for the new 308 SW despite many customers deserting compact station wagons fo ...
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Porsche adds second SUV
Porsche hopes its Macan compact SUV will be able to repeat the success of its Cayenne, which account ...
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Mercedes C class gets French power
Mercedes is offering a more fuel-efficient powertrain lineup in its new lighter, bigger C class, inc ...
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Kia enhances Soul's SUV traits
Rising demand for subcompact-sized SUV-styled models has driven Kia to put more emphasis on the late ...
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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 ...
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Nissan moves Qashqai upmarket
Nissan is so confident about the new Qashqai that its production capacity is three times that of the ...
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Bigger Mini keeps its charm
The third-generation Mini looks very much like its predecessor but beneath the longer body shell a l ...
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Mercedes touts GLA's sporty looks
Mercedes expects a 70 percent conquest rate for the GLA, the brand's smallest and cheapest SUV. ...
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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, ...
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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 ...
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Brose, Behr, Conti keep Skoda Octavia's cabin cozy
Several suppliers contributed to the Octavia's HVAC system. ...
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TrelleborgVibracoustic helps cut CO2 in Porsche Macan
TrelleborgVibracoustic supplies the Porsche Macan's optional air springs that allow the crossover to ...
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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. ...
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