Renault says the new Zoe is the first mass-market EV available at an affordable price with low running costs and a long driving range. The automaker expects the battery-driven hatchback to be the biggest seller among its range of electric vehicles that also includes the Fluence Z.E. sedan, Kangoo Z.
General Motors Vice Chairman Steve Girsky took inspiration from a historical figure to try and stem chronic losses at Opel. GM is the leader in China and the United States but turning around its Europe operations remains spectacularly challenging.
Audi released the first images of its A3 sedan, a new variant of its A3 compact line that will compete for young luxury buyers with the Mercedes-Benz CLA. The sedan will mainly be aimed at customers in the United States and China where sedans are more popular than in Audi's home European market.
Mitsubishi seeks to gain sales in the minicar segment in Europe with the launch of the Space Star, which replaces the Colt subcompact. The Space Star's retail price of 9,690 euros will help it gain share against rivals such as the Nissan Micra and the Fiat Panda, a Mitsubishi spokesman said.
The rising popularity of electric vehicles in France could present a problem to the country's fragile power grid, power sector executives say, particularly if owners all recharge their batteries at the same time of day.
French supplier Saint-Gobain plans to close a factory in Belgium that supplies glass windscreens to Ford's doomed plant in Genk. Ford announced late last year that it would be closing the Genk plant as well as two others in Britain, to stem losses in Europe.
German supplier Continental says it expects 'high single-digit growth' in 2014 if economic conditions don't worsen. The company added that it is sticking to its forecast of a 5 percent increase in sales this year.
Johan de Nysschen, president of Infiniti, has overhauled his top management with hand-picked executives tasked with taking the brand global. The changes inject the top ranks with non-Japanese executives, many poached from rivals.
Fiat and Serbia have agreed on a subsidy deal to produce a cheaper version of the 500L minicar for domestic sales, a local newspaper reported. Under the agreement, Fiat's Serbian unit would produce the model for 10,900 euros ($14,200), which is around 3,000 euros less than its regular sticker price.