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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

 

Blogs

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