Automotive News Europe

ZF's Sommer sees more acquisitions beyond TRW purchase

Sept. 18, 2014 09:05 CET
ZF, which agreed to buy TRW Automotive Holdings for $13.5 billion including debt, sees a need for more acquisitions as even the largest auto suppliers seek size and technology.... Read More »

 

Bentley adds models in Korea on rising ultraluxury demand

Sept. 18, 2014 12:25 CET
Bentley is adding new models in South Korea as the brand sees increased competition for ultraluxury cars in the market. The automaker says its dealership in Seoul has seen a 133 percent jump in deliveries so far this year.... Read More »

 

Mercedes opts for cloud-computing setup to protect data from hackers

Sept. 18, 2014 13:22 CET
Mercedes is using a cloud-computing setup to protect data generated by vehicles as the industry moves toward driverless cars. Automakers are looking for ways to stop hackers from gaining information or even hijacking vehicles by remote control.... Read More »

 

2014 PARIS AUTO SHOW

SsangYong set to join expanding subcompact SUV segment

Sept. 18, 2014 11:46 CET
SsangYong will preview two subcompact SUV concepts in Paris next month, ahead of the launch of a production model, the X100, next year. SsangYong is the latest automaker to join the fast-growing small SUV segment.... Read More »

 

CAR CUTAWAY

Magna Powertrain helps Mercedes GLA stay on track

5:02 am U.S. ET | Sept. 18, 2014
Magna Powertrain supplies the all-wheel-drive system for the new Mercedes-Benz GLA. The supplier eliminated seal rings and bearings in the system to reduce drag by about 14 percent and decrease weight by more than 2kg.... Read More »

 

2014 Eurostar winner Didier Leroy

Sept. 18, 2014 06:01 CET
The executives chosen as 2014 Automotive News Europe Eurostars rose above the rest by pushing their companies to new heights. Toyota Europe CEO Didier Leroy is this year's winner for European Operations CEO.... Read More »

 

Europe auto sales rose 2% in August as region's recovery slows

Sept. 17, 2014 08:43 CET
European car sales rose 2 percent in August but a heavy reliance on incentives in Spain and a fall in sales in Germany, France and Italy are signs that the region's recovery may be faltering, analysts and executives said.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

EVs, small SUVs are winners in first half

Sept. 17, 2014 06:30 CET
The European car market underwent a big shake-up in the first half as there was a change at the top of nine of the 24 segments tracked by Automotive News Europe. The biggest gainers were electric vehicles and small SUVs.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Premium automakers push into profitable niche segments in H1

Sept. 17, 2014 06:30 CET
Premium automakers are progressively pushing volume rivals out of profit-rich niches such as coupes and convertibles. In the first half, 67 percent of all coupes sold in Europe were from premium brands, up from 55 percent in 2013.... Read More »

 

2014 PARIS AUTO SHOW

Honda reveals longer, sleeker, sportier Jazz

Sept. 17, 2014 12:44 CET
Honda has released pictures of its near-production next-generation Jazz subcompact, which show a bigger, sportier-looking model than the current car. The Jazz is Honda's No. 3-selling model in Europe after the Civic and CR-V.... Read More »

 

2014 Eurostar winner Luca de Meo

Sept. 17, 2014 06:01 CET
The executives chosen as 2014 Automotive News Europe Eurostars outworked and outmaneuvered their rivals. Luca de Meo, Audi's sales boss, is this year's Eurostar winner for Sales & Marketing Executive.... Read More »

 

Mahindra said to be in talks to buy PSA's scooter unit

Sept. 16, 2014 16:32 CET
Indian SUV and tractor maker Mahindra & Mahindra is said to be in advanced talks to buy PSA/Peugeot-Citroen's scooter unit, after PSA CEO Carlos Tavares said the group was looking to offload the business.... Read More »

 

ZF says TRW takeover creates supplier ready for self-driving age

Sept. 16, 2014 14:19 CET
ZF wants to purchase TRW to create a global supplier ready for an age of self-driving cars. "The major motivation for this transaction is technology driven, in the field of electromobility and ... autonomous driving," ZF CEO Stefan Sommer said.... Read More »

 

Bosch benefits from ZF's bid to buy TRW

Sept. 16, 2014 12:45 CET
Robert Bosch is an unexpected beneficiary of ZF's plans to purchase TRW. Bosch is poised to take full control of a steering joint venture it co-founded with ZF that makes systems that are key to creating driverless cars.... Read More »

 

Opel shakes up Russia operations

Sept. 16, 2014 09:30 CET
Opel will reorganize its Russian operations in response to difficult market conditions amid the crisis over Ukraine. The GM subsidiary will reduce output at its St. Petersburg plant to one shift.... Read More »

 

VW boosts German brands' market share in China

Sept. 16, 2014 10:32 CET
VW Group's lead in China's compact sedan market this year has helped boost German automakers' share of the overall car market to 24 percent in July from 21 percent at the end of 2013.... Read More »

 

2014 Eurostar winner Ralf Speth

Sept. 16, 2014 06:01 CET
The executives chosen as 2014 Automotive News Europe Eurostars rose above the rest by pushing their companies to new heights. Jaguar Land Rover CEO Ralf Speth is this year's winner for Brand CEO.... Read More »

 

ZF to purchase TRW for $105.60 a share

Sept. 15, 2014 16:02 CET
ZF has reached a deal to buy TRW Automotive for $105.60 per share. The transaction will create the world's second-largest auto supplier with combined revenue of about 30 billion euros ($41 billion).... Read More »

 

Ford will debut new S-Max at Paris show

Sept. 15, 2014 17:28 CET
Ford will debut the new S-Max at the Paris auto show on Oct. 2 ahead of the minivan's sales launch in Europe next summer.... Read More »

 

ZF to sell steering-venture stake to Bosch to help TRW deal

Sept. 15, 2014 09:11 CET
ZF will sell its stake in a joint venture to partner Robert Bosch. The deal paves the way for ZF to buy TRW to create the world's No. 2 automotive supplier.... Read More »

 

EU asks WTO to rule on dispute with Russia over van exports

Sept. 15, 2014 16:15 CET
The EU wants the World Trade Organization to rule on its dispute with Russia after Moscow imposed tariffs on vans imported from Germany and Italy. The EU said Russia is illegally protecting its own producers.... Read More »

 

Renault plans to build electric Fluence for Chinese brand

Sept. 15, 2014 14:55 CET
Renault plans to build its Fluence electric sedan in China for an unspecified local brand, CEO Carlos Ghosn said.... Read More »

 

2014 Eurostar winner Dieter Zetsche

Sept. 15, 2014 06:01 CET
The executives chosen as 2014 Automotive News Europe Eurostars achieved success by exceeding expectations. Daimler CEO Dieter Zetsche is this year's Eurostar winner for Group CEO.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

European automakers reduce company-owned dealerships

Sept. 14, 2014 06:01 CET
Volkswagen, which has Europe's biggest company-owned dealership network, aims, along with other carmakers, to reduce the number of its wholly owned retail outlets.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Pendragon No. 1 in latest ranking of Europe's top independent dealer groups

Sept. 14, 2014 06:01 CET
UK car retailer Pendragon has topped Automotive News Europe's 2014 Guide to Europe's Biggest Dealers for the second consecutive year. The list ranks independent European dealer groups by 2013 revenue using data from auto retail analyst ICDP.... Read More »

 

 
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