Headlines for Friday, August 29, 2014

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Saab carmaker NEVS granted creditor protection by court but loses right to use Saab name

Aug. 29, 2014 12:46 CET
National Electric Vehicle Sweden (NEVS), which bought Saab in 2012, won court protection from creditors today. But the automaker suffered a blow when Saab AB, the defense firm, withdrew NEVS' right to use the brand name Saab for its cars.

Lexus NX may become brand's top-selling nameplate

Aug. 29, 2014 12:51 CET
The Lexus NX compact crossover may unseat its larger sibling, the RX, as the brand's top global nameplate. It is racking up thousands of orders in Japan on top of heavy order flow in Europe, Russia and China.

Audi will recall 70,000 cars for potential brake problem

Aug. 29, 2014 16:58 CET
Audi will recall 70,000 cars worldwide because of a potential fault with the brake booster. Audi's A4, A5, A6, A7 and Q7 models equipped with a 3.0-liter diesel engine and built between March and December 2012 are being recalled.

JLR intensifies efforts to meet tough EU CO2 target

Aug. 29, 2014 06:01 CET
Jaguar Land Rover will “turn over every stone” including launching plug-in hybrids to bring its high average CO2 emissions down to an EU-approved level by 2021, JLR head of product development Wolfgang Ziebart said.

2014 PARIS AUTO SHOW

Suzuki gives the Vitara SUV a sleeker look

Aug. 29, 2014 06:01 CET
Suzuki is giving is new Vitara a more mainstream look to broaden the subcompact SUV's appeal. The five-door Vitara will go on sale in Europe early next year.

Ford to halt B-Max production on slow sales, report says

Aug. 29, 2014 11:22 CET
Ford will halt production of the B-Max at its Romanian plant for nine days in September, a report said. The automaker has halted output in Romania several times since September 2013 on slow sales of the minivan.

ANE's September e-magazine goes live Monday

Aug. 29, 2014 06:01 CET
The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, Sept. 1. This month's edition looks at why European automakers have struggled to gain a foothold in India and what they are doing to turn things around.

Nissan's revived Datsun launches mi-Do hatchback

Aug. 29, 2014 12:55 CET
Datsun unveiled its second model, the mi-Do hatchback, at the Moscow auto show. The car, based on the Lada Kalina, is aimed at Russian families who want to own a foreign car but cannot afford current offerings from Western brands.

Fiat clears Chrysler merger hurdle

Aug. 29, 2014 08:39 CET
Fiat will spend less than the limit the carmaker set to buy shares from investors who opted to sell ahead of its merger with Chrysler Group, clearing a key hurdle before the deal can close.

AvtoVAZ to cut workforce by 45%, report says

Aug. 29, 2014 12:22 CET
AvtoVAZ plans to reduce staff numbers by 25,000, finance head Evgeny Belinin told a French newspaper. AvtoVAZ, controlled by the Renault-Nissan alliance, is also cutting Lada production and freezing vehicle prices.

Infiniti readies dedicated design centers

Aug. 29, 2014 06:01 CET
Infiniti will open design studios in the UK., U.S. and China to separate its luxury-vehicle designers from Nissan stylists. Infiniti will open a London studio next month in a separate building only a few steps from its Nissan studio.

Mercedes to bridge gap with midlevel AMGs

Aug. 29, 2014 06:01 CET
Daimler plans a line of vehicles with modified engines and sport-tuned suspensions to bridge the gap between standard Mercedes-Benz models and high-performance AMG derivatives.

 
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UK new-car sales rise 13% in June boosted by low finance deals
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German car sales rose 13% in June, helped by extra sales days
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French car sales rise 15% in June on extra working days
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Western European sales rebound slowed in May
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Europe's automakers boosted shareholder value 41% in first quarter
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CLEPA names Brembo exec as next president
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Jaguar Land Rover will make China chief its Europe boss, source says
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JLR said to move China head to lead European unit
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