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Europe Breaking News

VW's U.S. settlement to grow to $15 billion in emissions scandal, report says

Volkswagen AG's settlement with nearly 500,000 U.S. diesel owners and government regulators over polluting vehicles is valued at more than $15 billion cash, two sources briefed on the matter told Reuters on Monday.  » READ

Renault-Nissan-Mitsubishi giant could overtake Toyota in global vehicle production

Nissan's proposed takeover of Mitsubishi would produce a automaking giant with Renault that could overtake Toyota in global light-vehicle production by 2017, an analyst predicts.  » READ

China may lift cap on foreign carmaker stakes in JVs


UK will not get 'special treatment' in EU exit, Merkel ally says


Aston Martin's financial losses nearly double


VW should pay Europeans same compensation as U.S. drivers, EU commissioner says


A split heard round the industry


BMW's Mexican plant will be group's most resource-efficient factory


VW may pick China for first battery plant


Mercedes looks to become the top choice of female premium-car buyers


UK 'Leave' vote deflates hopes for U.S.-EU trade deal


Norway's wealth fund files complaint against VW over emissions scandal


Automakers call for tariff-free trade between UK and EU after Brexit win


PSA looking at UK price changes in response to Brexit vote


VW Korea exec arrested over emissions manipulation



Goodbye to the Europe I knew

I am deeply shocked and disappointed by the decision of British voters to leave the European Union. A place I loved called Britain may no longer be so great any more.  » READ

Recapping Toyota's traumatic loss at Le Mans

Toyota was reminded of how cruel motorsports can be when it lost the 24 Hours of Le Mans to Porsche during the final lap of the race. I was with Toyota's executive team members when their elation was transformed into complete deflation last weekend.  » READ

VW's long day as shareholders quiz management


Probe overshadows VW's annual meeting


How Ford's European arm became a money maker again


Inside the Numbers

VW Group sales rise nearly 2% in May, helped by Audi, Skoda gains

Volkswagen Group's global sales rose 1.6 percent in May, helped by rising demand for Audi and Skoda cars, along with gains in China and Europe.  » READ

VW brand sales stable as Europe, China demand offsets drops in U.S., Brazil

Volkswagen brand sales slipped 0.7 percent last month with gains in Europe and China offsetting declines in the Americas.  » READ

Russia car sales fall 15% in May


Western Europe car sales rise 14% in May


Mercedes SUVs help boost U.S. sales lead over Lexus, BMW


On the Move

VW veteran Powels faces tough task in South America

VW brand named David Powels as head of its South American operations. Powels faces a tough challenge restoring sales amid an economic crisis in the key Brazilian market.  » READ

Faraday names Ferrari exec Mattiacci global brand chief

Electric vehicle startup Faraday Future appointed longtime Ferrari executive Marco Mattiacci to the post of global chief brand and commercial officer.  » READ

GM names Boler-Davis head of global manufacturing


Ford picks VanDyke to be new Europe marketing chief


Nissan Europe names new product planning chief


Latest Launches

Suzuki Baleno is company's first model in Europe with fuel-saving mild hybrid

Suzuki has boosted fuel economy in its new Baleno hatchback by using a mild hybrid system for the first time in one of its models sold in Europe.  » READ

MG aims first SUV at budget buyers

MG Motor, a Chinese-owned UK brand, is aiming its first SUV, the GS, at families looking for a budget vehicle.  » READ

Maserati expects first SUV to become its best-seller


McLaren aims cozy 570GT at new audience


VW Tiguan offers more room, less weight