Headlines for Friday, March 8, 2013

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Volkswagen rules out refrigerant made by Honeywell, DuPont

Volkswagen has joined Daimler in deciding not to use a new air-conditioning refrigerant developed by Honeywell and DuPont in its cars. Read More »

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Carmakers seek new ways to cut CO2 emissions as EV optimism wanes

Automakers are rethinking fuel-saving technologies for passenger cars as hopes dampen that electric vehicles will play a big role in cutting CO2 emissions. Read More »

Plastic Omnium to close bumper plant in Belgium

French supplier Plastic Omnium said it plans to close its Belgian bumper manufacturing plant this summer in response to shrinking car sales in Europe. Read More »

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2013 GENEVA AUTO SHOW:

McLaren vs. Ferrari Formula One rivalry spills onto the road

The all-consuming rivalry McLaren and Ferrari display on the F1 racetrack was transferred to the Geneva auto show as the two carmakers unveiled competing million-euro hybrid hypercars. Read More »

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PSA signs Kazakhstan vehicle-assembly deal

PSA says a deal with the Russian company Agromash Holding to assemble cars in Kazakhstan could generate more than 300 jobs in France. Read More »

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Western Europe car sales decline 10.6% in February

New-car registrations in western Europe fell 10.6 percent to 771,695 in February, market forecaster LMC Automotive said. Read More »

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PSA wants GM to share development of compressed-gas hybrids

PSA/Peugeot-Citroen plans to talk to other carmakers including alliance partner General Motors about sharing development of low-cost compressed-gas hybrids. Read More »

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Honda needs more time to turn around Europe business

Honda will need more time to turn around its European business. “We want to be profitable within three years, by 2016,” Honda Europe President Manabu Nishimae said. Last year, Nishimae said Honda would be profitable in Europe starting in its 2013-2014 business year. Read More »

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BMW brand regained luxury sales lead from Audi in February

BMW regained the luxury lead from Audi after its vehicle sales rose 7 percent to 114,908 last month as increased demand in China, the UK and Russia offset weakness in Germany and other parts of Europe. Read More »

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Continental forecasts first-quarter sales drop on falling auto demand

Continental forecasts first-quarter sales will decline as much as 3 percent as demand for autos in its home market plunges. Revenue in the quarter will drop 1 percent to 3 percent, the company says. Read More »

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PSA will offer retail banking to raise funds for dealers, auto ops

PSA/Peugeot-Citroen will offer savings accounts through its financing arm to raise funding for dealerships and other automotive operations. PSA is following Renault in setting up a retail banking arm. Read More »

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Q&A:

BMW r&d boss bets on technology push to stay No. 1

BMW faces challenges to hold off rivals Audi and Mercedes to remain the world's largest premium automaker. Read More »

 
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Leroy's Toyota Europe success brings reward

Luca Ciferri
6:34 am U.S. ET | March 4 2015

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When Didier Leroy was promoted to head Toyota's European operations in April 2011, his goal was to return the region to sustainable profitability. ...
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Ford, Farley hope for success in U.S.-Russian diplomacy

Dave Guilford
12:01 am U.S. ET | March 3 2015

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Jim Farley, newly installed as head of Ford of Europe, on Monday vowed that the money-losing unit is “going to make progress in spite of the headwinds.” ...
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Aston's clever distractions

Nick Gibbs
12:01 am U.S. ET | Feb. 27 2015

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Aston Martin is cleverly covering up its biggest weakness -- its slow-selling, money-losing, aging l ...
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Has diesel peaked in Europe?

Richard Truett
12:01 am U.S. ET | Feb. 16 2015

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Pollution is one reason why the diesel engine has perhaps peaked at 50 percent of new-car sales in m ...
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Did VW pick the wrong U.S. state to build the Passat?

Christiaan Hetzner
5:48 am U.S. ET | Feb. 11 2015

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Kentucky Gov. Steven Beshear has a message for any German carmaker or supplier considering expanding ...
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Ford Mondeo hybrid may benefit from diesel backlash

Nick Gibbs
7:53 am U.S. ET | Feb. 10 2015

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Ford does not expect its Mondeo hybrid to be a big seller in Europe but the environmentally friendly ...
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Has VW scored an own goal bankrolling its soccer club?

Christiaan Hetzner
10:05 am U.S. ET | Feb. 6 2015

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With Volkswagen looking to save 5 billion euros in costs at its core VW brand and key wage negotiati ...
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Qoros should ditch Europe ambitions and focus on China

Yang Jian
5:47 am U.S. ET | Feb. 6 2015

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China's Qoros is embarking upon an ambitious plan to reinvent itself as a global automaker with a ne ...
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German auto industry feels ripples from Paris terror attacks

Christiaan Hetzner
5:53 am U.S. ET | Jan. 30 2015

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The January killings of journalists at satirical magazine Charlie Hebdo in Paris have brought ...
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Zetsche done taking beating for Daimler double duty

Christiaan Hetzner
12:01 am U.S. ET | Jan. 28 2015

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Dieter Zetsche has been the whipping boy of the German premium auto industry for years, but that sho ...
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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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Budget brands win despite Europe's car sales slowdown
New-car registrations in Europe rose 1 percent in November, with budget brands beating the market as ...
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Russian auto market decline slows in November
Russian car sales fell 1 percent in November compared with 10 percent the month before as a state sc ...
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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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New Mini boss is former Audi executive
BMW named former Audi executive Sebastian Mackensen as head of its Mini brand. ...
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Volvo appoints Kerssemakers as U.S. chief
Volvo is reshuffling its North American management by appointing global corporate product strategy c ...
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McLaren names new design chief
UK supercar maker McLaren promoted Robert Melville to the post of chief designer, reporting to the c ...
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VW's Seat brand recruits Ford designer Lamm
Volkswagen's Seat brand has recruited Ford of Europe stylist Stefan Lamm as its new head of exterior ...
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Aston Martin hires former Porsche exec as China boss
Aston Martin has hired former Porsche and BMW executive Michael Mingshan Peng as its new China boss ...
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Bosch's automotive head quits to become CEO of Mahle
The head of Bosch's automotive division, Wolf-Henning Scheider, has quit the world's top-ranked supp ...
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Ford-Getrag JV names new COO
Getrag Ford Transmissions, a joint venture between the U.S. automaker and the German supplier, has named Sue Slaughter as its chief operating officer. ...
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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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Lexus readies hybrid-only BMW X5, Mercedes M class rival
Lexus is counting on the NX hybrid to help it stand out against Europe's top-selling premium large c ...
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VW says Golf GTE plug-in hybrid offers the 'best of both worlds'
Volkswagen says its Golf GTE plug-in hybrid offers eco-friendly buyers the “best of both world ...
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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
Magna International and Haartz Corp. teamed up to supply the new Opel Cascada's folding softtop roof ...
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Marelli helps optimize Alfa 4C's transmission
Magneti Marelli supplies the Alfa Romeo 4C roadster with the technology that helps optimize the perf ...
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BorgWarner helps boost power in BMW 2 series
BorgWarner-sourced turbochargers for the new BMW 2 series help boost power by as much as 13 hp to 18 ...
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