AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Europe's first-half sales growth beats predictions, but Brexit could slow surge

July 31, 2016 06:01 CET

Europe's first-half vehicle deliveries grew by just over 9 percent, and June marked the 34th consecutive month of auto sales growth in the region, but despite this, there are big questions marks over whether the upward trend will continue this year as the UK's Brexit vote weighs on consumer confidence in the region's second-largest car market after Germany.... Read More »

Mercedes delays diesel version of C-class sedan

12:01 am U.S. ET | July 31, 2016

Previously slated to go on sale during the first quarter of 2016, Mercedes' C-class diesel sedan has been pushed back.... Read More »

Nissan backs off profit targets

12:01 am U.S. ET | July 31, 2016

Stung by currency changes and home-market problems, Nissan is stepping back from CEO Carlos Ghosn's big goal of reaching an 8 percent global operating profit by next March.... Read More »

Ford warning jolts the industry

12:01 am U.S. ET | July 31, 2016

After boasting of record profits earlier in the year, Ford has dropped a profit warning that is as jarring as concrete blocks hitting the bed of an aluminum pickup.... Read More »

Infiniti pumps up the power

12:01 am U.S. ET | July 30, 2016

Infiniti boss Roland Krueger is picking his battles to grow the premium brand. His strategy? Focus on what's under the hood.... Read More »

NAMAD: Prepare for a decline

12:01 am U.S. ET | July 30, 2016

The National Association of Minority Automobile Dealers is taking industry predictions of slowing new-vehicle sales seriously.... Read More »

Lincoln meets shoppers at the mall

12:01 am U.S. ET | July 30, 2016

Lincoln has a new gambit to regain brand awareness among luxury shoppers. It's located between a Starbucks and a spa offering a "15-minute laser and light facial."... Read More »

Tesla mulling 2 theories to explain 'Autopilot' crash, report says

2:06 pm U.S. ET | July 29, 2016

Tesla told U.S. Senate Commerce Committee staff it is considering two theories that may help explain what led to the May 7 fatal crash that killed a Florida man who was using the car's "Autopilot" system, a person familiar with the meeting told Reuters on Friday.... Read More »

Toyota Group suppliers grapple with yen's impact on profits

6:18 pm U.S. ET | July 29, 2016

Toyota Group suppliers posted mixed financial results in the April-June quarter, reflecting varying levels of success coping with adverse exchange rates in the wake of the yen's sharp rise following the U.K.'s Brexit vote.... Read More »

FCA safety, recall oversight extended by NHTSA for another year

3:23 pm U.S. ET | July 29, 2016

NHTSA will require Fiat Chrysler Automobiles to continue meeting monthly with the agency on potential safety issues at the company for another year, extending a part of the automaker’s 2015 consent order with the agency.... Read More »

American Axle Q2 net income rises 21%

4:14 pm U.S. ET | July 29, 2016

American Axle & Manufacturing's net income climbed 21 percent to $71 million in the second quarter from the year-earlier period, the supplier reported today. The company's revenue rose 2.1 percent to $1.02 billion in the quarter.... Read More »

Slight gains expected for July U.S. sales as analysts lower outlooks for 2016

11:40 am U.S. ET | July 29, 2016

U.S. new light-vehicle sales are forecast to rise slightly in July, helped by an extra weekend and sharply higher discounts from some automakers, amid more warnings the market is leveling off. Demand for new cars and light trucks is expected to rise about 0.45 percent in July, compared with a year ago.... Read More »

New Dodge ad campaign launched with tagline 'Domestic. Not Domesticated'

3:53 pm U.S. ET | July 29, 2016

Dodge is launching a new ad campaign with the tagline "Domestic. Not Domesticated." The brand, which had been running a Wieden & Kennedy campaign hearkening back to founding brothers John and Horace Dodge, has shifted gears with a pair of new ads backed by the Metallica song "Fuel."... Read More »

AutoNation expands TrueCar pilot, in latest sign of reconciliation

3:32 pm U.S. ET | July 29, 2016

After getting good results in an initial pilot program, AutoNation will expand its use of TrueCar to at least 23 more dealerships. After a bitter break in 2015, the third-party lead provider could be back in place at all AutoNation stores by the end of the year.... Read More »

VIDEO: AutoNews Now: Higher July sales? Yes and no

12:01 am U.S. ET | July 29, 2016

Higher July U.S. sales? Yes and no; Ford CFO: 'The growth is over'; Report: QNX founder now core member of Apple car team; Daimler plans Hungary plant; One giant leap for cupholders?... Read More »

Panasonic to raise about $3.9 billion from bonds to help fund Tesla gigafactory

3:08 pm U.S. ET | July 29, 2016

Panasonic Corp., the exclusive supplier of Tesla Motors' Model 3 lithium ion batteries, said today it would raise up to 400 billion yen ($3.86 billion) in corporate bonds primarily to invest in Tesla's gigafactory, Reuters reported.... Read More »

Tesla crash does little to sway public opinion on self-driving cars

2:21 pm U.S. ET | July 29, 2016

Consumers are more aware of self-driving cars, but slightly less interested in riding in them, according to two surveys conducted after a fatal crash of a Tesla equipped with self-driving technology.... Read More »

AutoNation Q2 profit slips 2.7% on lower unit sales

7:45 am U.S. ET | July 29, 2016

AutoNation's net income dropped 2.7 percent to $112 million in the second quarter as it sold fewer vehicles and saw same-store gross profits from three of its four business operations fall.... Read More »

Tenneco boosts net income 10% in Q2

1:31 pm U.S. ET | July 29, 2016

Tenneco, the suburban Chicago supplier of ride-control and emission control systems, reported net income of $86 million in the second quarter, a 10 percent increase from the year-earlier period.... Read More »

VIDEO: First Shift: Lower sales, profits at AutoNation

12:01 am U.S. ET | July 29, 2016

AutoNation profit drops amid lower sales; Penske, Asbury down, Group 1, Sonic, Lithia up; Mazda profit dips, Audi lowers outlook; VW fined; Mercedes pulls ad; Nissan future product.... Read More »

Daimler will build second Mercedes plant in Hungary

July 29, 2016 10:29 CET

Daimler will invest $1.1 billion in a second Mercedes plant in Hungary to build front- and rear-wheel drive cars, and possibly alternative powertrain models.... Read More »

Mazda profit falls on strong yen, lower N.A. sales

3:06 am U.S. ET | July 29, 2016

Mazda said quarterly profit fell 42 percent as foreign exchange rate losses hit earnings and sales slipped in North America and Japan.... Read More »

VW is top-selling carmaker in first half as Toyota slips

July 29, 2016 09:41 CET

VW Group was the world's top-selling automaker in the first six months despite its emissions scandal as rival Toyota was hit by production stoppages and slumping Prius sales in the U.S.... Read More »

VW 'regrets' Washington state's $176M fine for polluting diesels

July 29, 2016 12:08 CET

VW said it regretted the U.S. state of Washington's decision to fine it $176 million over the automaker's emissions scandal.... Read More »

Audi will miss profitability goal as VW scandal, Takata hit earnings

July 29, 2016 09:49 CET

Audi will miss its profitability target this year as costs for parent VW Group's diesel emissions scandal and possible recalls of cars fitted with Takata airbags hit earnings.... Read More »

 
PSA bravely reveals industry's dirty secret

Luca Ciferri
12:01 am U.S. ET | July 7 2016

image
Give credit to PSA for being bold enough to reveal in great detail something none of its rivals woul ...
 Read More ›

How to push self-driving tech to the limits without the risks

Nick Gibbs
12:01 am U.S. ET | July 6 2016

image
There's a risk-free way to push autonomous cars to their limits. A simulator in the UK is going to d ...
 Read More ›

Volvo defies gravity

Luca Ciferri
8:33 am U.S. ET | July 5 2016

image
Volvo doesn't consider itself a true global player in the premium segment. ...
 Read More ›

BMW CEO scores first big win with Intel, Mobileye deal

Christiaan Hetzner
10:40 am U.S. ET | July 2 2016

image
Led by CEO Harald Krueger, BMW's strong push into autonomous driving with Intel and Mobileye could b ...
 Read More ›

Why Europe's car buyer categories need a shake-up

Douglas A. Bolduc
4:49 am U.S. ET | July 1 2016

image
Johnson Controls says current car buyer categories aren't telling the full story. ...
 Read More ›

Nissan struggles to make sense of Sunderland shocker

Nick Gibbs
5:42 am U.S. ET | June 28 2016

image
Nissan's team in the UK is “shell-shocked” by the decision of the country's voters to leave the EU, a person close to the company told me. ...
 Read More ›

Goodbye to the Europe I knew

Bradford Wernle
12:01 am U.S. ET | June 27 2016

image
I am deeply shocked and disappointed by the decision of British voters to leave the European Union. ...
 Read More ›

Recapping Toyota's traumatic loss at Le Mans

Luca Ciferri
12:01 am U.S. ET | June 23 2016

image
Toyota was reminded of how cruel motorsports can be when it lost the 24 Hours of Le Mans to Porsche ...
 Read More ›

VW's long day as shareholders quiz management

Christiaan Hetzner
6:40 am U.S. ET | June 22 2016

image
As Volkswagen's 56th annual shareholder meeting began there were still long lines of people waiting ...
 Read More ›

Probe overshadows VW's annual meeting

Christiaan Hetzner
7:01 am U.S. ET | June 21 2016

image
When VW shareholders gather for their annual meeting it is sure to be a turbulent event, not least b ...
 Read More ›

Newsletters & Alerts
  • Sample
  • Sample
  • Sample
  • Sample
image
European June car sales slow as Brexit vote reduces confidence
European car-sales growth slowed to 6.5 percent in June as the British vote on exiting the EU weighe ...
 Read More ›
image
Russia car sales fall 13% in June
Russian car sales fell 13 percent in June as an economic crisis driven by low oil prices and Western ...
 Read More ›
image
UK's June car sales fall; gov't asked for support
UK car sales fell for only the second time in more than four years in June, prompting an industry bo ...
 Read More ›
image
W. Europe car sales up 6% in June despite UK decline
Western European car registrations increased nearly 6 percent in June as demand rose last month in G ...
 Read More ›
image
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 ...
 Read More ›
image
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 decl ...
 Read More ›
image
Russia car sales fall 15% in May
New-car sales in Russia fell 15 percent in May, after an 8. ...
 Read More ›
image
Western Europe car sales rise 14% in May
Western European car registrations increased 14 percent in May as demand rose last month in Germany, ...
 Read More ›
image
Mercedes SUVs help boost U.S. sales lead over Lexus, BMW
Mercedes outsold its luxury auto competitors in the U.S. in May, building its lead in a down month t ...
 Read More ›
image
VW sales in U.S. fall 17% for worst May since 2010
Continued weakness in car deliveries led Volkswagen of America to its worst May U.S. ...
 Read More ›
image
PSA names new Peugeot, China, Europe chiefs
PSA Group named new chiefs for its Peugeot brand and for its Europe and China regions. ...
 Read More ›
image
Daimler promotes Turkish unit boss Seeger to Mercedes sales and marketing chief
Daimler named Britta Seeger as global sales and marketing head of Mercedes cars. ...
 Read More ›
image
BMW names former F1 exec Duesmann as new purchasing chief
BMW has appointed Markus Duesmann, its former Formula One powertrain boss and current engine guru, t ...
 Read More ›
image
Fiat Chrysler creates post to oversee global regulatory compliance
Fiat Chrysler as appointed longtime engineering executive Mark Chernoby to a new role as the automaker's global chief technical compliance officer. ...
 Read More ›
image
VW's Seat recruits new sales boss from Audi
VW Group's Seat brand has recruited Audi veteran Wayne Griffiths as its new sales and marketing boss ...
 Read More ›
image
Daimler lures exec from Citroen to lead digital sales unit at Mercedes
Daimler has hired a former Citroen executive to run a new department focused on technology sales and ...
 Read More ›
image
FCA's U.S. communications chief Ranieri returns to Italy
Gualberto Ranieri, the senior vice president for communications for Fiat Chrysler Automobiles' subsidiary, FCA US, has returned to Italy, seven years after arriving to work... ...
 Read More ›
image
Former Audi, Mercedes exec named new Cadillac Europe boss
GM has appointed former Audi and Mercedes executive Felix Weller as head of Cadillac Europe as it tr ...
 Read More ›
image
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 ...
 Read More ›
image
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 More ›
image
Cadillac XT5 price undercuts rivals in Europe
Cadillac aims to increase its SUV market share in Europe by pricing its new XT5 below German premium ...
 Read More ›
image
Honda hopes NSX halo effect will give automaker a boost in Europe
Honda hopes for a halo effect boost in Europe from its NSX supercar. The NSX is a "branding exercise ...
 Read More ›
image
Alfa touts Giulia's driving dynamics
Alfa Romeo claims its new Giulia has better driving dynamics than rivals such as the BMW 3 series be ...
 Read More ›
image
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 fi ...
 Read More ›
image
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 budge ...
 Read More ›
image
Maserati expects first SUV to become its best-seller
Maserati is embracing the boom in luxury SUV sales with the launch of its Levante crossover, which t ...
 Read More ›
image
McLaren aims cozy 570GT at new audience
McLaren says that the 570GT is the first supercar it has produced that was not conceived primarily w ...
 Read More ›
image
VW Tiguan offers more room, less weight
Volkswagen has made its new Tiguan lighter, roomier and added more technology as standard equipment ...
 Read More ›
image
Audi SQ7's electric compressor banishes turbo lag
Audi's SQ7 is the world's first production vehicle equipped with an electric powered compressor, whi ...
 Read More ›
image
F-Pace set to become Jaguar's top-seller
Jaguar expects the F-Pace to become the brand's best-selling model to date after record advance sale ...
 Read More ›
image
Suppliers to the new Alfa Romeo Giulia
Assembly of the all-new Alfa Romeo Giulia began in March at parent Fiat Chrysler Automobile’s ...
 Read More ›
image
Suppliers to the new Audi A4
Assembly of the fifth-generation Audi A4 began in July 2015 at Audi's factory in Ingolstadt, Germany ...
 Read More ›
image
Suppliers to the new Skoda Superb
Assembly of the third-generation Skoda Superb began in April 2015 at Skoda's factory in Kvasiny, Cze ...
 Read More ›
image
Suppliers to the new Ford S-Max
Assembly of the second-generation Ford S-Max began in May 2015 at Ford's factory in Valencia, Spain. ...
 Read More ›