Headlines for Wednesday, March 20, 2013

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PRODUCTION

Opel will build next Mokka in Europe

March 20, 2013 06:01 CET
Opel says it will build the next generation of its Mokka subcompact crossover in Europe and not in Korea, where the current model is manufactured.

PRODUCTION

Ford to pay $750 million severance to workers at Belgium plant

March 20, 2013 06:01 CET
Hourly workers at Ford's plant in Genk, Belgium, will get $750 million in severance as part of a deal to close that factory by the end of 2014. The per-worker severance payment is less than what GM spent in 2010 to close its factory in Antwerp, Belgium

PRODUCTION

Renault's Dacia output halted by pay strike in Romania

March 20, 2013 16:45 CET
Renault's Romanian unit Dacia stopped production as employees went on strike in a dispute over pay, the company said.

CHINA

VW China recall may cost more than $600 million

March 20, 2013 10:00 CET
VW Group's recall in China to fix defective gearboxes may cost it more than $600 million. The recall affects 384,181 vehicles including the VW Golf Audi A3, China's quality inspector said.

RETAIL SALES/NEW PRODUCT

Skoda sees new models helping to offset Europe slump

March 20, 2013 14:34 CET
Skoda is confident that deliveries this year will rise as the introduction of new or updated models, including a new large SUV, the Octavia compact and the Rapid Spaceback compact hatchback, offsets a drop in European demand.

GREEN CARS

EU politicians back compromise on car emissions targets

March 20, 2013 12:47 CET
The European Union's industry committee has backed a compromise that would give carmakers limited leeway in the race to cut CO2 emissions in line with targets while rejecting German calls for more lenient rules.

TECHNOLOGY

Audi headlights banned in U.S. by 1968 ruling

March 20, 2013 14:29 CET
Audi customers buying the A8 sedan in the United States will have to live without new matrix-beam headlights because of a 45-year-old regulation that prohibits their use on U.S. roads.

LATEST LAUNCHES

Mazda6 seeks gain in shrinking sector

March 20, 2013 06:01 CET
Mazda hopes to have a bigger impact in the shrinking mid-sized segment with the new Mazda6. Buyers are increasingly switching to crossovers from sedans. As a result, European sales of mid-sized cars dropped by 13 percent to 751,805 last year, according to researchers JATO Dynamics.

 
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Europe recovery continues in March
European car sales increased 11 percent in March, the strongest growth in a year, as the region's im ...
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Western European sales recovery accelerated in March
Western European new-car sales rose nearly 11 percent in March, helped by an increasing willingness ...
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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 ...
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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 ...
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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. ...
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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 ...
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European February car sales rise as economy bolsters demand
European car-sales rose by 7 percent in February as signs of a strengthening economic expansion in t ...
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Russian car sales fall 38% in February
Russia's new-car sales fell 38 percent to 128,298 vehicle in February as consumers continued to avoi ...
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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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Hella says its finance chief will leave
Hella, a German manufacturer of auto headlights and electronics, said its finance chief Wolfgang Oll ...
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Sogefi names former Faurecia exec as new CEO
Italian supplier Sogefi has named Laurent Hebenstreit as its new CEO. ...
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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 ...
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Hyundai names sales veteran Schmid as No. 2 in Europe
Hyundai has promoted Thomas Schmid to chief operating officer in Europe. ...
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Jaguar Land Rover names new global engineering chief
Jaguar Land Rover named company veteran Nick Rogers as its new engineering director to succeed Wolfg ...
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Former GM Europe chief Forster will lead UK taxi builder
Auto industry veteran Carl-Peter Forster, who once headed GM Europe and Tata Motors, is new board ch ...
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Volvo appoints Europe boss as part of global reorganization
Volvo named Anders Gustafsson as head of Europe, Middle East and Africa, one of three global busines ...
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Renault reinforces quality oversight
Renault aims to improve its quality and customer satisfaction ratings by moving its Americas chief, ...
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Cadillac Europe will be run by former BMW executive
GM has appointed veteran BMW executive Andreas Schaaf as its new Cadillac chief in Europe. ...
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BMW names ex-Mini plant boss next production chief
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Suzuki sees Vitara as its best-seller in Europe
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Volvo's future rides on revived XC90
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Sportier Skoda Fabia keeps its functionality
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Mazda2 gets bigger, lighter and bolder
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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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Preh teams up with Audi on new TT's high-tech air vents
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Novelis helps make the Jaguar XE lean and green
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