Headlines for Monday, April 8, 2013

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AUTOMOTIVE NEWS EUROPE CONGRESS

How to prosper during tough times

April 8, 2013 06:01 CET
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.

PRODUCTION

Weak car output hits Czech economy

April 8, 2013 11:46 CET
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.

VW patriarch Piech's wife up for election to Audi board

April 8, 2013 18:18 CET
Volkswagen Chairman Ferdinand Piech's wife looks set to join the supervisory board of Audi in a move by the controlling Piech-Porsche family to solidify its sway over Europe's biggest carmaker.

SALES

Porsche's March sales rise 19.8% on strong German, U.S. demand

April 8, 2013 06:01 CET
Porsche said today its global vehicle sales rose 19.8 percent to a record 14,494 units in March on strong demand in Germany, the United States and China.

SUPPLIERS

SAIC unit aims to buy JCI's electronics business, report says

April 8, 2013 06:01 CET
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.

ASIA

As Korea gets hot, carmakers stay cool

April 8, 2013 06:01 CET
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.

SALES

Audi sets March and first-quarter sales records

April 8, 2013 11:16 CET
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.

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Renault takes aim at VW

April 8, 2013 06:01 CET
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.

SUPPLIERS

Pirelli studying plan to offset weak Europe demand, source says

April 8, 2013 06:01 CET
Pirelli plans to offset weakening demand in Europe for its premium tires by shipping tires produced in Europe to emerging markets, where demand is growing, said an industry source on Sunday.

CHINA

Dongfeng-PSA venture sales, fueled by 2 new models, jump 20% in March

April 8, 2013 06:01 CET
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.

NUTS & BOLTS

Ford seeks to register 'inflatable light urban vehicle' trademark

April 8, 2013 06:34 CET
Ford has filed an application to register the term "inflatable light urban vehicle (iLuv)" as a trademark, according to the database of the U.S. Patent and Trademark Office.

 
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