Headlines for Tuesday, March 5, 2013
Use the form on the right to select a specific day >>
Opel prices new Cascada convertible under 25,000 euros
Opel/Vauxhall's new Cascada mid-sized convertible will be priced more than 14,000 euros less than potential rivals when it starts arriving at dealerships in April as the money-losing brand seeks to attract buyers looking for a cheaper alternative to premium convertibles. Read More »
Alfa says 4C is the 'ideal' car for U.S. relaunch
Alfa Romeo CEO Harald Wester said the 4C small sports coupe is the ideal model for Alfa's relaunch in North America. Read More »
Carmakers warn of weak European market for years to come
New-car sales in Europe are at the low end of expectations and the market is likely to remain shaky for at least five years as the region implements austerity measures to cut its debts, industry executives warned on Tuesday. Read More »
Jaguar Land Rover to lift investment at UK engine plant
Jaguar Land Rover plans to increase investment at its UK engine plant and double employment at the site to around 1,400, CEO Ralf Speth said. Read More »
New Opel CEO Neumann readies turnaround plans
Karl-Thomas Neumann, Opel's new CEO, outlined three priorities while saying he took the job at General Motors' money-losing European subsidiary because of its improved vehicles and GM's commitment to spend billions of dollars turning the business around. Read More »
Ferrari unveils its fastest model to date
Ferrari unveiled the LaFerrari supercar at the Geneva auto show today. The 963-hp hybrid is the fastest, most powerful and most expensive Ferrari model to date. It succeeds the Enzo. Read More »
Marchionne confirms Fiat's 2013 targets, sees no European market recovery
Fiat CEO Sergio Marchionne confirmed the company's 2013 profit targets today and said a recovery in Europe's car markets this year seemed unlikely. Read More »
Qoros will launch compact sedan in Europe priced below 20,000 euros
Chinese carmaker Qoros said its Qoros 3 sedan will cost below 20,000 euros ($26,000) when it launches later this year. Read More »
Is this really a different Note?
When I saw the new Nissan Note today I asked myself: Am I at the right auto show? Is this really the all-new Note that Nissan said would be dramatically different from the first-generation car? No chance. Read More »
Euro contagion means Russia car sales likely to pass Germany this year
Russia is likely to become Europe's biggest market for new vehicles as early as this year as current leader Germany succumbs to the euro zone crisis, according to Toyota Europe's sales and marketing boss Karl Schlicht. Read More »
Ghosn: Too early to revise European sales predictions downward
Renault-Nissan CEO Carlos Ghosn believes it is too early to revise downward sales predictions for Europe this year. Read More »
Why Corvette in Europe faces a tough road
By unveiling the 2014 Chevrolet Corvette Stingray convertible in Europe, GM is signaling that it believes this generation of the 'Vette can stretch its halo beyond American shores. Read More »
Toyota sees European profit as revamp bears fruit
Toyota will turn a profit in its European automotive business during the current fiscal year, ending this month, for the first time since 2007. Read More »
Lamborghini celebrates 50th with exclusive Veneno
Lamborghini stole the limelight from McLaren and Ferrari rivals on Monday by celebrating its 50th anniversary with an exclusive hypercar of which just three will be built. Read More »
VW marries massages, movies & maintenance
For most people in the Western world, going to the dealership is like going to the dentist. The visit is considered a success as long as it is quick and painless. At Volkswagen dealerships in China the expectations are higher – and the perks are much better. Read More »
