Headlines for Wednesday, March 6, 2013

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


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

Ford calls for mutual U.S.-Europe auto standards in trade deal

March 6, 2013 14:19 CET
Ford wants trade tariffs between the U.S. and Europe removed and believes the two markets' regulators should accept each other's safety and environmental standards.

GM struggles to overcome Chevrolet-Opel rivalry

March 6, 2013 17:03 CET
The rivalry between GM's Opel and Chevrolet brands in Europe risks damaging both automakers. While Chevrolet is GM's largest and most important brand worldwide, selling roughly 5 million cars last year alone, it is outsold five-to-one by Opel on its home turf in the EU.

2013 GENEVA AUTO SHOW

European automakers go big on small SUVs

March 6, 2013 12:42 CET
The popularity of subcompact SUVs is one of the bright spots in Europe's auto-sales slump and mass-market carmakershave been quick to join this growing segment.

Renault gains union OK to cut 7,500 jobs, freeze pay

March 6, 2013 14:19 CET
Renault can eliminate 7,500 jobs and freeze wages as part of a labor deal offering increased domestic production, after one of the main French unions at the carmaker gave their approval today.

Automaker chiefs urge end to European austerity

March 6, 2013 09:49 CET
Automakers joined growing opposition to Europe's austerity measures. Renault CEO Carlos Ghosn urged government spending to revive the region's anemic sales, which he forecast won't recover for another three years.

BMW shrugs off Europe market decline as Daimler seeks capacity

March 6, 2013 06:01 CET
BMW and Daimler are shrugging off the European auto-market decline as sales growth in China and the United States pushes their luxury-car production to maximum rates.

NICK GIBBS

EcoSport shows flaw in Ford's global design policy

12:01 am U.S. ET | March 6, 2013
Ford is downplaying sales expectations of the EcoSport subcompact SUV in Europe, admitting it was designed with emerging markets in mind.

DOUGLAS A. BOLDUC

Honda shows its European side

12:01 am U.S. ET | March 6, 2013
Honda is showing its European side with the Civic Tourer concept. The car was designed by a German specifically for Europe with the aim of being sleeker than BMW's wagons.

Toyota revamps management to battle GM, Volkswagen

March 6, 2013 12:49 CET
Toyota President Akio Toyoda overhauled his top management for a second straight year, strengthening his control over the world's largest carmaker to vie with General Motors Co. and Volkswagen.

LUCA CIFERRI

The LaFerrari is a Ferrari first

12:01 am U.S. ET | March 6, 2013
The LaFerrari supercar is the first model entirely designed by the company's styling center. Ferrari says it is not a bad sign for longtime partner Pininfarina.

2013 GENEVA AUTO SHOW

Ford to import EcoSport crossover, key to European margins

March 6, 2013 14:28 CET
Ford will import its EcoSport compact crossover from India for the European market, where the vehicle will compete in a growing, but increasingly crowded segment.

Ford awards Mulally nearly $12 million in performance bonuses

March 6, 2013 06:01 CET
Ford CEO Alan Mulally this week was awarded performance bonuses worth nearly $12 million, Ford disclosed to U.S. regulators.

DAVE GUILFORD

For Ghosn, just another impressive day in the media glare

12:01 am U.S. ET | March 6, 2013
For several years at major auto shows, Renault-Nissan CEO Carlos Ghosn has invited media to freewheeling Q&A sessions. Ghosn continued the tradition here today in an unscripted, open-ended session with about 75 international journalists.

DAVE GUILFORD

In the limelight, exotics shrug off austerity

12:01 am U.S. ET | March 6, 2013
So where's the new austere, euro-pinching European auto industry, the one that's struggling to cut capacity and bring wages to a competitive level? No where to be seen, at least at the luxo-elite displays here in Geneva.

2013 GENEVA AUTO SHOW

Hyper-hybrid LaFerrari could redefine green cars

March 6, 2013 10:50 CET
The LaFerrari is one of the most electrifying debuts at this year's Geneva show, and not only because of its sleek carbon-fiber body or its top speed of more than 350 km/h.

Marchionne says Fiat is in talks with banks about Chrysler merger

March 6, 2013 08:19 CET
Fiat- Chrysler CEO Sergio Marchionne said he is in talks with banks about financing a merger of the two automakers. The deal would involve purchasing the 41.5 percent of Chrysler that Fiat doesn't own.

 
Newsletters & Alerts
  • Sample
  • Sample
  • Sample
  • Sample
Most Read
Honda works smart to fill UK plant

Nick Gibbs
4:52 am U.S. ET | May 20 2015

image
Honda has reduced the problem of drastic undercapacity at its factory in Swindon, England, after the automaker's production took a hit from Europe's economic slump, by... ...
 Read More ›

Piech casts shadow over Porsche's annual meeting

Christiaan Hetzner
9:43 am U.S. ET | May 13 2015

image
Ferdinand Piech upstaged his cousin Wolfgang Porsche and former protege Martin Winterkorn by missing the annual meeting of the family holding company that holds a majority... ...
 Read More ›

BMW's days of easy money in China are over


6:30 am U.S. ET | May 8 2015

image
BMW executives are bracing the market for a profit-eroding performance in China as the automaker is weighed down by rising investment costs and an aging product lineup. ...
 Read More ›

Why VW tops rivals Toyota and GM in workforce size

Christiaan Hetzner
12:01 am U.S. ET | May 7 2015

image
VW Group has more global employees than Toyota and GM combined. ...
 Read More ›

Marchionne is so right and so wrong about consolidation

Richard Truett
12:01 am U.S. ET | May 6 2015

image
Fiat Chrysler chief Sergio Marchionne is absolutely right in his call for industry consolidation. Bu ...
 Read More ›

Piech's absence dominates VW annual meeting

Christiaan Hetzner
6:43 am U.S. ET | May 5 2015

image
Ferdinand Piech may cause VW's leadership more headaches than ever before. ...
 Read More ›

Good news for Europe's late arrivers in China

Christiaan Hetzner
12:01 am U.S. ET | May 4 2015

image
Late-arriving European brands in China such as Renault, Fiat and Jaguar have reason to be optimistic because most Chinese customers are ready to leave their current brands. ...
 Read More ›

Mercedes G class latest victim in China's clone wars

Jay Ramey
12:01 am U.S. ET | May 1 2015

image
China's Beijing Automotive has introduced an SUV that is a near clone of a western SUV, the classic ...
 Read More ›

Why Marchionne needs a powerful 'mother-in-law'

Luca Ciferri
5:59 am U.S. ET | April 30 2015

image
Fiat Chrysler CEO Sergio Marchionne will need a powerful, influential mother-in-law to help initiate the megamergers that he covets. ...
 Read More ›

German automakers' bonus from weak euro may be hit by U.S. Fed shift


8:54 am U.S. ET | April 30 2015

image
German carmakers and suppliers expect currency effects to add hundreds of millions to their bottom lines. But moves by the Federal Reserve to prop up the U.S. ...
 Read More ›

Europe's automakers boosted shareholder value 41% in first quarter
The average shareholder value of Europe's listed automakers improved by 41 percent, outpacing European and U.S. ...
 Read More ›
image
W. Europe car sales rise nearly 7% on new models, discounts
New-car sales in Western Europe increased by 6.7 percent in April -- helped by a continuing economic ...
 Read More ›
image
German car sales rise 6% in sign of Europe rebound
German car sales rose 6.3 percent in April as Europe's No. 1 market joined France, Italy and Spain i ...
 Read More ›
image
Italy sales rose by 25% in April boosted by big discounts
Italy's new-car registrations rose 24.7 percent in April to 148,807, boosted by heavy discounting by ...
 Read More ›
image
Europe recovery continues in March
European car sales increased 11 percent in March, the strongest growth in a year, as the region's im ...
 Read More ›
image
Western European sales recovery accelerated in March
Western European new-car sales rose nearly 11 percent in March, helped by an increasing willingness ...
 Read More ›
image
Russian new-car sales fall 43% as economy slides
Russian new-car sales fell 43 percent last month as a weak currency, falling oil prices and Western ...
 Read More ›
image
UK sales rise 6% in best March this century
British new-car registrations rose by 6 percent in March to 492,774 vehicles, a record for the month ...
 Read More ›
image
Germany's 9% sales rise a positive sign of Europe's continued rebound
New-car sales in Germany increased 9 percent last month, the VDA industry association said. ...
 Read More ›
image
France, Italy, Spain sales growth in March encourages European recovery hopes
New-car registrations rose in France, Italy and Spain last month, adding to signs that the European ...
 Read More ›
image
Porsche extends contract of production boss
Porsche has extended the contract of its production and logistics boss, Oliver Blume, by five years. ...
 Read More ›
image
GM promotes former Opel engineer to Asian tech center chief
General Motors named former Opel engineer Tobias Suenner as president of its technical center in Shanghai. ...
 Read More ›
image
Citroen names former BMW exec as China director
Former BMW executive Sabine Scheunert is the new head of Citroen in China. ...
 Read More ›
image
Borgward revival led by former Daimler China boss
Borgward named former Daimler China boss Ulrich Walker as its CEO as the company prepares to resurre ...
 Read More ›
image
Mopar head Gorlier gets additional component role
Pietro Gorlier, the head of Fiat Chrysler Automobiles' global parts and service organization, has be ...
 Read More ›
image
Hyundai names new Europe chief
Hyundai said company veteran Hyung Cheong Kim is the new president and CEO of its European operation ...
 Read More ›
image
Hella says its finance chief will leave
Hella, a German manufacturer of auto headlights and electronics, said its finance chief Wolfgang Oll ...
 Read More ›
image
Sogefi names former Faurecia exec as new CEO
Italian supplier Sogefi has named Laurent Hebenstreit as its new CEO. ...
 Read More ›
image
Fiat Chrysler promotes Gilles to global design boss
Fiat Chrysler promoted Ralph Gilles, its chief designer in the U.S., to global head of design. Gille ...
 Read More ›
image
Hyundai names sales veteran Schmid as No. 2 in Europe
Hyundai has promoted Thomas Schmid to chief operating officer in Europe. ...
 Read More ›
image
Kia bets on diesel demand for Sorento
Kia is selling its new Sorento in Europe with a diesel engine only due to low demand in the region f ...
 Read More ›
image
Espace starts Renault's upper-range revival
The new Renault Espace starts the renewal of the automaker's upper range where the brand trails riva ...
 Read More ›
image
Suzuki sees Vitara as its best-seller in Europe
Suzuki expects the new Vitara to become its best-seller in Europe because of its more mainstream loo ...
 Read More ›
image
BMW targets U.S. market with 2-series softtop
BMW has increased the size of the 2-series convertible compared with its predecessor model, the 1-se ...
 Read More ›
image
Volvo's future rides on revived XC90
Volvo says its all-new XC90 flagship represents the future of the automaker, which aims to nearly do ...
 Read More ›
image
Mercedes-Maybach offers quiet luxury
Mercedes has upgraded its flagship sedan by giving it a more spacious rear cabin and features such a ...
 Read More ›
image
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 ...
 Read More ›
image
Ford expects big boost from high-tech Mondeo
Ford expects a significant sales boost in the tough midsize segment from its latest-generation Monde ...
 Read More ›
image
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 ...
 Read More ›
image
Mazda2 gets bigger, lighter and bolder
Mazda expects its latest Mazda2 hatchback to make a bigger impact in Europe's highly competitive sub ...
 Read More ›
image
Preh teams up with Audi on new TT's high-tech air vents
German supplier Preh teamed up with Audi to equip the TT with heating and air conditioning controls ...
 Read More ›
image
Novelis helps make the Jaguar XE lean and green
Novelis plays a key role in the new Jaguar XE's aluminum-intensive monocoque structure. ...
 Read More ›
image
Faurecia helps cut CO2 in new Renault Twingo
Faurecia's emissions control systems helps the third-generation Renault Twingo reduce fuel consumpti ...
 Read More ›