Automotive News Europe

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Check out the ANE e-magazine for May

May 2, 2016 06:01 CET

The latest issue of the Automotive News Europe monthly e-magazine is ready to view. This month's edition looks at how CEO Carlos Tavares plans to turn PSA Group the world's most efficient carmaker.... Read More »

ANE SPECIAL EDITION

ANE BMW 100 supplement ready to view

May 2, 2016 06:01 CET

The Automotive News Europe BMW 100-year anniversary special edition is ready to view. This special edition highlights the people, events and models that made the automaker's the first 100 years so memorable.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

How PSA plans to become industry's 'most efficient' carmaker

May 1, 2016 06:01 CET

PSA Group CEO Carlos Tavares has named his latest strategy Push to Pass. The racing term seems appropriate as Tavares seeks to pass rivals to become the world's most efficient automaker.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Mini boss sees risks & rewards from further expanding brand

April 30, 2016 06:01 CET

Mini sales reached a record last year, but now the question is whether the BMW Group subsidiary can push volume even higher and what models it needs in its "superheroes" lineup to help achieve this? Peter Schwarzenbauer, the brand's chief, discussed this and other topics with Automotive News Europe.... Read More »

Fiat Chrysler and Google owner Alphabet near self-driving cars deal, reports say

April 29, 2016 08:44 CET

Fiat Chrysler and Google owner Alphabet are close to a deal on a technology partnership for self-driving cars, multiple reports said.... Read More »

Renault defends Ghosn's $8 million pay amid shareholder revolt

April 29, 2016 18:27 CET

Renault's board stuck by its decision to pay Carlos Ghosn $8.2 million for 2015 in defiance of a non-binding shareholder vote against the CEO's package.... Read More »

COMMENTARY

VW offers a look inside the diesel scandal — and it is not pretty

April 29, 2016 11:24 CET

Buried in VW's 400-page annual report are crucial details on the diesel-emissions scandal that investors can't afford to ignore. They show that the automaker failed to understand the costs of the scandal when it broke in September and it still can't guarantee the estimate now, many months later.... Read More »

Autoliv sees annual sales growth of 7% after robust Q1 earnings

April 29, 2016 12:43 CET

Autoliv, continuing to generate new business in the wake of the Takata airbag recall crisis, reported a bigger than expected rise in first-quarter earnings and raised its forecast for like-for-like sales this year while affirming its margin outlook.... Read More »

French probe highlights gap between real-world and lab test emissions

April 29, 2016 10:47 CET

French officials found that some cars they tested had higher CO2 and NOx emissions on the road than in laboratory tests but discovered no "cheat" devices.... Read More »

Continental raises margin target after Q1 profit gain

April 29, 2016 10:19 CET

Continental raised its profit margin target for this year after stronger demand for tires and industrial components pushed first-quarter profit and sales higher.... Read More »

CAR CUTAWAY

Suppliers to the new Skoda Superb

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

Assembly of the third-generation Skoda Superb began in April 2015 at Skoda's factory in Kvasiny, Czech Republic. Output is expected to peak at more than 75,000 units this year, according to IHS Automotive.... Read More »

NICK GIBBS

BLOG: Lightweighting push puts pressure on leather

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

Automakers' growing desire to cut weight from cars wherever they can is significantly boosting sales of an upmarket leather alternative, says the boss of the company that makes the substitute.... Read More »

ANE's May e-magazine goes live Monday

April 29, 2016 06:01 CET

The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, May 2. This month's edition looks at how CEO Carlos Tavares plans to turn PSA Group the world's most efficient carmaker.... Read More »

VW CEO eyes solid 2016 growth despite crisis

April 28, 2016 13:00 CET

VW Group has a chance to post solid growth in its operating business this year even as it grapples with its emissions-cheating scandal and a strategic repositioning, CEO Matthias Mueller said. Cost reductions are "in full swing" at individual brands and across the group, he added.... Read More »

Bosch set aside 650 million euros for legal costs in '15

April 28, 2016 11:20 CET

Bosch set aside 650 million euros in 2015 for potential legal costs, including for an investigation into the company's role in VW Group's emissions scandal. Bosch makes an engine management program used by automakers including VW.... Read More »

VW to pay top execs $72 million for 2015

April 28, 2016 10:14 CET

VW Group said it plans to pay the 12 current and former members of its management board $71.8 million for 2015, a year when Europe's largest carmaker posted a record loss due to legal and compensation costs for cheating on emissions tests.... Read More »

VW eyes new partners; not talking with Google, Apple

April 28, 2016 10:47 CET

VW will open itself up to more partnerships and strategic investments to help generate a "substantial proportion" of its revenue from new business models, CEO Matthias Mueller said. Discussions are already at an "advanced stage," but Google and Apple are not among tech companies VW is in discussions with, he said.... Read More »

VW will strengthen cooperation with Qatar, CEO says

April 28, 2016 12:10 CET

VW Group will strengthen it cooperation with Qatar, the automaker's third-largest shareholder, CEO Matthias Mueller said, as Europe's biggest carmaker struggles to overcome its emissions-cheating scandal and reposition its business.... Read More »

VW brand stumbles to Q4 loss on emissions crisis

April 28, 2016 08:17 CET

VW Group's namesake car brand slumped to a loss in the fourth quarter as the automaker's emissions-cheating scandal tarnished its reputation and added costs to appease customers and dealers. The VW brand posted a loss of 127 million euros ($144 million) in the final three months of 2015.... Read More »

Why the Porsche-Piech clan is not rushing in to fix VW

April 27, 2016 10:41 CET

The Porsche-Piech clan, led by Wolfgang Porsche, that controls scandal-hit VW Group has the voting power to muscle through change at the automaker, but family members are not acting on it. That has left a power vacuum even as VW faces costs that could top $30 billion.... Read More »

Germany to offer 4,000 euro subsidy to boost EV sales

April 27, 2016 12:25 CET

Germany announced a plan today to invest about 1 billion euros ($1.13 billion) to promote electric cars, which will include subsidies of 4,000 euros ($4,524) for buyers of EVs and 3,000 euros for those choosing to purchase a plug-in hybrid.... Read More »

VW said to hire McKinsey to address diesel scandal

April 27, 2016 18:05 CET

VW Group has hired external advisers McKinsey & Co. to better react to the turmoil caused by its emissions cheating and help draft a strategy to move beyond the scandal, people familiar with the matter said.... Read More »

Mitsubishi COO denies he and CEO plan to step down

April 27, 2016 10:09 CET

Mitsubishi Motors COO Tetsuro Aikawa today denied Japanese media reports that he and CEO Osamu Masuko plan to resign over the Japanese automaker's manipulation of fuel economy data. He added that the automaker has "absolutely no plans" to pull out of the automotive market... Read More »

Bosch profit boosted by auto sensor technology sales

April 27, 2016 14:26 CET

Robert Bosch said revenue rose 44 percent to an all-time high of 70.6 billion euros last year helped by strong sales of vehicle technology, but cautioned momentum had slowed at the start of 2016. Bosch's auto unit boosted sales 12 percent to 41.7 billion euros last year and achieved EBIT of 3.5 billion euros.... Read More »

Mazda sees operating profit falling 25% this fiscal year

April 27, 2016 13:47 CET

Mazda said it expects its operating profit to fall 25 percent in the current fiscal year because of a stronger yen and a slowdown in China and other emerging economies.... Read More »

 
Why a PSA-FCA merger should happen - but won't


12:01 am U.S. ET | May 4 2016

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Fiat Chrysler has been actively seeking a merger partner since September 2014 and a possible combina ...
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Lightweighting push puts pressure on leather

Nick Gibbs
12:01 am U.S. ET | April 29 2016

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Automakers' growing desire to cut weight from cars wherever they can is significantly boosting sales of an upmarket leather alternative, says the boss of the company that... ...
 Read More ›

VW's other headache: workers' demand for a 5% pay hike

Christiaan Hetzner
4:06 am U.S. ET | April 20 2016

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Volkswagen has enough money to cover the costs of its emissions-rigging scandal. ...
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VW's tone-deaf management


8:56 am U.S. ET | April 13 2016

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In view of Volkswagen's emissions-rigging scandal, it's amazingly tone-deaf and irresponsible that t ...
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Google and Apple can be good for industry, Renault-Nissan connectivity chief says

Bruce Gain
12:01 am U.S. ET | April 13 2016

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Are Google and Apple enablers or disruptors? A little of both, says Ogi Redzic, Renault-Nissan's head of connected vehicles and mobility services. ...
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Will the Mercedes pickup truck be called X class?

Jay Ramey
12:01 am U.S. ET | April 8 2016

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Mercedes will preview its upcoming pickup truck at the Paris auto show this autumn, according to a m ...
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Bo Andersson shares lessons learned at Lada

Nick Gibbs
12:01 am U.S. ET | April 7 2016

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Bo Andersson, the departing CEO of Lada maker AvtoVAZ, used his farewell email to say he was “ ...
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Is CNG the future? Yes, but…

Luca Ciferri
12:01 am U.S. ET | April 6 2016

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Rinaldo Rinolfi, one of the fathers of the common-rail diesel, and a true powertrain guru, is someon ...
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PSA demonstrates realistic way of measuring fuel economy

Nick Gibbs
12:01 am U.S. ET | April 2 2016

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PSA says it aims to win back trust from consumers in the wake of VW's emissions-cheating scandal by ...
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VW's Seat profit is actually a loss

Christiaan Hetzner
5:29 am U.S. ET | March 23 2016

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When is making a profit actually a loss? When you're the accountant at VW Group's underperforming Se ...
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Newsletters & Alerts
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German car sales rose 8% in April, adding to France, Italy, Spain gains
German new-car registrations rose 8 percent in April, joining robust growth in France, Italy and Spa ...
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French car sales rise nearly 7% in April
French new-car sales rose nearly 7 percent in April, boosted by strong gains at foreign automakers i ...
 Read More ›
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European car sales rise 6% in March but VW brand dips
European new-car sales rose nearly 6 percent last month despite a fall in sales for Volkswagen's cor ...
 Read More ›
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Russia's March car sales drop 10% as decline slows
New-car sales in Russia fell 10 percent in March, the smallest decline in 15 months, causing a leadi ...
 Read More ›
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Western Europe car sales rise 5% in March
Western European car sales rose 5.2 percent in March on strong growth in the UK, France and Italy. F ...
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VW brand trails rivals as Europe sales rise 14% in February
European new-car sales rose 14 percent in February, but Volkswagen lost market share for the sixth m ...
 Read More ›
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Nissan Qashqai, Audi Q3 lead continued sales surge for SUVs in Europe
Sales of SUVs and crossovers surged 22 percent in Europe last year, outpacing the overall market's 8 ...
 Read More ›
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Western Europe car sales rose 14% in February
Western European car sales rose 14 percent in February as key regional markets reported double-digit ...
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European car sales rise 6% in January but VW share hit by diesel scandal
European car sales rose 6.3 percent last month, although Volkswagen, the region's No. ...
 Read More ›
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Why French and Germans still believe in the compact minivan sector
Compact minivan sales remain valuable to French and German automakers even though more brands are qu ...
 Read More ›
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PSA's marketing revamp will be headed by Renault veteran
PSA Group's new head of sales and marketing, Stephen Norman, will lead an overhaul of the automaker' ...
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Porsche development chief Hatz to leave company
Porsche said its development chief, Wolfgang Hatz, has left the company amid parent VW Group's emiss ...
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BMW promotes Petter Witt to N.A. vice president of operations
BMW has rewarded a regional manager who “fully embraced” the automaker's efforts to create its Future Retail dealership standards. ...
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IAC promotes two execs to head N.A., Europe operations
International Automotive Components named Maurice Sessel and Kelli Carney to run its North American and European operations, respectively. ...
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Mini appoints new head of Americas
David Duncan, head of Mini of the Americas, will take on a new role as head of BMW Group's corporate and special sales. ...
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Renault names new finance chief as Thormann retires due to poor health
Renault finance director Dominique Thormann is retiring for health reasons. He will be succeeded by Clotilde Delbos, currently a senior vice president at the automaker. ...
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Renault picks company veteran to head Dacia
Renault named veteran executive Yves Caracatzanis as head of its Dacia low-cost brand in Romania. ...
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PSA promotes Italy chief to run Changan JV in China
PSA/Peugeot-Citroen named veteran manager Olivier Mornet as president of its Chongqing Changan Auto ...
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GM appoints veteran Brazilian executive as Europe engineering chief
GM named Brazilian national William Bertagni as head of its European vehicle engineering unit. Berta ...
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Porsche turbocharges new Boxster
Porsche is repositioning its latest Boxster with a new name, a higher price tag, and a new four-cyli ...
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Toyota counts on big boost from greener, zippier Prius
Toyota expects to solidify its position as the region's leader in hybrid sales with the new Prius, w ...
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High-tech E class pushes Mercedes ahead of rivals
Mercedes-Benz makes a big leap toward self-driving cars with the new E class, which debuts a hands-f ...
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Kia renews Sportage but drops the price
Kia has reduced the price of its new Sportage in the key German market even though the SUV is roomie ...
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Audi focuses on battery to make Q7 e-tron stand out from plug-in rivals
Audi expects its Q7 e-tron plug-in hybrid to stand out from a fast-growing list of competitors that ...
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Subaru wants Levorg to help brand forget losing Legacy
Subaru expects its new Levorg station wagon to have success in Europe that eluded the vehicle it rep ...
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SsangYong adds diesel, awd to Tivoli SUV
SsangYong hopes the addition of a diesel engine will boost sales of its Tivoli in Europe's booming s ...
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Range Rover Evoque convertible is not a 'niche too far'
Land Rover says its Range Rover Evoque created a new niche for sporty premium compact SUVs when the ...
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Hyundai Tucson gets big boost from Europe's SUV boom
Hyundai expects the Tucson to change perceptions of the brand in Europe, thanks to its bolder design ...
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Product launches follow a faster cadence
New model launches are getting faster, more frequent and less certain. They also might be a lot fart ...
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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 ›
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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 ›
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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. ...
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Suppliers to the new Mercedes GLC
Production of the first-generation Mercedes-Benz GLC began in June 2015 at parent Daimler's factory ...
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Suppliers to the new Jaguar XF
Assembly of the second-generation Jaguar XF began in June 2015 at Jaguar Land Rover's factory in Cas ...
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Suppliers to the new Audi Q7
Assembly of the second-generation Audi Q7 began in February 2015 at the German automaker's factory i ...
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