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VW workers back new board members after Piech exit

May 1, 2015 20:10 CET
Volkswagen's works council has backed the automaker's choice of two new supervisory board members, appointments reportedly opposed by newly departed Chairman Ferdinand Piech.

Ghosn defeat exposes rival visions for Renault-Nissan

May 1, 2015 09:30 CET
The French government's move to tighten its hold on Renault, crowned by a rare defeat for CEO Carlos Ghosn, has exposed competing visions for the carmaker and its alliance with Nissan.

Lotus sees profit after cost cuts, U.S. relaunch

May 1, 2015 06:15 CET
UK sports car maker Lotus will be profitable again by 2017 after years of losing money, CEO Jean-Marc Gales said.

Germany's Brose expects China sales to rise 50% by 2020

May 1, 2015 06:01 CET
German supplier Brose Group expects its annual sales in China will grow by 50 percent by 2020, as the company undergoes a period of expansion in the...

ANE's May e-magazine goes live Monday

May 1, 2015 06:01 CET
The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, May 4.

NEWS ANALYSIS

Why the wrong side lost in VW's battle

May 1, 2015 06:01 CET
All good dictatorships come to an end and so it is with that of Ferdinand Piech, the patriarch who has ruled the Volkswagen Group since 1993, taking...

VW ex-chairman Piech challenges board nominees, report says

April 30, 2015 15:08 CET
Former VW Group Chairman Ferdinand Piech is challenging the company's choice of two of his nieces to replace him and his wife as board members, a...

Aston Martin secures funds to build DBX crossover

April 30, 2015 18:15 CET
Aston Martin is set to receive more than $300 million for the development of a crossover based on its DBX concept as well as other vehicles that fall...

Marchionne's talk of industry mergers seen as 'panic'

April 30, 2015 10:59 CET
CEO Sergio Marchionne has been talking for months about merging Fiat Chrysler with a rival automaker, a sign that he's panicking at how much sales...

Ghosn loses clash with French state on Renault control

April 30, 2015 18:47 CET
Renault CEO Carlos Ghosn lost a clash with French Economy Minister Emmanuel Macron, as the Socialist government won a shareholder vote that will...

COMMENTARY

Marchionne's proposal for Apple car deal isn't crazy

April 30, 2015 10:39 CET
Fiat Chrysler CEO Sergio Marchionne is open to an alliance with Apple or Google as he seeks a merger partner.

Ghosn's clash with French state comes to the boil

April 30, 2015 12:36 CET
The dispute between Renault CEO Carlos Ghosn and the French government was set to come to a head at the automaker's annual meeting today as the state...

Bidding auction for De Tomaso won by Chinese fund

April 30, 2015 11:49 CET
A Hong Kong-based investment fund called Ideal Team Venture has acquired Italy's iconic De Tomaso sports car brand for just over 1 million euros.

Continental Q1 profit rises 5% on Europe rebound

April 30, 2015 11:39 CET
Continental's first-quarter profit rose 5 percent to about 1 billion euros ($1.11 billion) as auto sales in Europe increased.

Marchionne argues if automakers won't consolidate, the market should make them

April 29, 2015 21:19 CET
Sergio Marchionne said major automakers need to stop wasting billions developing the same products and start working together.

VW Q1 profit rises 17% as cost cuts at core brand offset weaker Porsche, Audi earnings

April 29, 2015 08:56 CET
VW Group's first-quarter operating profit rose 17 percent, helped by cost cuts at the VW brand and a profit at Spanish unit Seat.

PSA reports 5% Q1 revenue increase; raises Europe market forecast

April 29, 2015 08:14 CET
PSA said first-quarter revenue rose 4.6 percent from a year earlier as deliveries increased in China.

Automakers welcome mandatory fitment of eCall in EU

April 29, 2015 10:43 CET
Automakers welcomed a new law that all cars and light vans in the EU will have to be fitted with automatic emergency calling devices starting in 2018.

Lotus to build SUV in China for Europe, possibly U.S.

April 29, 2015 16:25 CET
Lotus plans to build its first SUV in China and export it to Europe and possibly the U.S. The British sports car maker aims to launch the SUV in 2019.

Bosch says weak euro will help sales rise up to 5%

April 29, 2015 11:59 CET
Bosch forecasts that its 2015 sales will rise between 3 percent and 5 percent after a weaker euro bolstered its top line in the first three months.

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