With sales slowing and government debt a growing crisis, the European auto industry is in for a rough ride over the next few years. What are the solutions? Which companies will emerge as winners? The 16th Automotive News Europe Congress will explore answers to those questions on June 12 in Paris.
Czech industrial production edged up in February but thinning order books show the central European country may not yet be coming out of its longest recession in two decades. The main problem has been falling car production.
An automotive supplier majority owned by China's SAIC Motor Corp. is in talks with Johnson Controls Inc. about acquiring the U.S. supplier's electronics business, a daily Chinese business newspaper reports.
The expressway from downtown Seoul to the city's auto show venue is lined with tank traps, barbed wire and guard towers. Mounting tensions with North Korea are a chilling reminder why. Automakers there have long factored this into their business plans.
Audi said today it increased global vehicle sales 3 percent in March to a record 147,700 because of strong demand for its SUVs. The Volkswagen Group subsidiary finished the first-quarter will an all-time high of 369,500 sales, up 6.8 percent on the year-ago period.
Renault says its net prices last year were higher than domestic rivals Citroen and Peugeot. Now the company wants to narrow the gap with Europe's price leader among volume brands: Volkswagen. Carlos Tavares explains how Renault will do this.
Dongfeng Peugeot Citroen Automobile Co.'s sales in March rose 20 percent year-on-year to 49,009 Peugeot and Citroen vehicles. The company, a joint venture between PSA/Peugeot-Citroen and Dongfeng Motor Corp.