Automotive News Europe

Hyundai names sales veteran Schmid as No. 2 in Europe

March 31, 2015 11:21 CET

Hyundai has promoted Thomas Schmid to chief operating officer in Europe. He succeeds Allan Rushforth, who quit the automaker last October to become Nissan's global sales chief.... Read More »

Hyundai aims to have autonomous driving tech on the road in 2020

March 31, 2015 14:33 CET

Hyundai said it aims to commercialize autonomous driving capabilities in some of its cars in 2020, as the automaker plays catch-up with carmakers such as Mercedes and General Motors in the increasingly competitive technology.... Read More »

PSA's Slovakia unit expects to boost output with new model

March 31, 2015 15:29 CET

PSA/Peugeot-Citroen expects to raise annual capacity at its factory in Trnava, Slovakia, to more than 300,000 by 2017 with the production of a new Citroen model. PSA did not name the new model but previous reports have said the automaker will move production of the Citroen C3 hatchback to the plant from its factory in Poissy, France, where the company will add a subcompact model for the upscale DS brand.... Read More »

Mercedes pickup will be built by Nissan, report says

March 31, 2015 06:01 CET

Daimler declined to comment on a report that its first Mercedes pickup will be based on the Nissan Navara and built by the Japanese automaker.... Read More »

PSA CEO Tavares dampens talk of Fiat Chrysler merger

March 31, 2015 11:48 CET

PSA/Peugeot-Citroen will only be ready for a possible merger after it has completed its recovery plan, CEO Carlos Tavares told a newspaper, dampening speculation of a potential tie-up with Fiat Chrysler.... Read More »

Honda will upgrade UK plant, move CR-V production to Canada

March 31, 2015 10:30 CET

Honda will upgrade its UK factory to turn it into a global production hub for the next-generation Civic compact car. The automaker will also transfer production of its European-market CR-V crossover from the UK to Canada.... Read More »

Faurecia forms joint venture with China's Dongfeng

March 31, 2015 11:26 CET

Faurecia has agreed to form a joint venture with Dongfeng Motor to help increase its presence in the world's biggest car market. Faurecia is majority-owned by PSA/Peugeot-Citroen. Dongfeng has a 14 percent stake in PSA.... Read More »

VW halts output for 3 weeks at Brazil plant, union says

March 30, 2015 19:14 CET

Volkswagen has halted production at its second-largest factory in Brazil for three weeks, a local union said, as a steep decline in demand forces carmakers to manage excess capacity. VW is one of many automakers working to cut costs in the country, where sales and output are down more than 20 percent in the first two months.... Read More »

ChemChina hopes to re-list Pirelli in Italy; says counterbid will hurt investors

March 30, 2015 09:14 CET

The chairman of China National Chemical Corp. (ChemChina), Ren Jianxin, said he hopes to re-list Italy's Pirelli on the Italian stock exchange. A counterbid for Pirelli would hurt the Italian firm's investors and long-term strategy, he warned.... Read More »

LUCA CIFERRI

BLOG: While others stand up, Italy stands aside

12:01 am U.S. ET | March 30, 2015

Formula One tire supplier Pirelli will have a Chinese owner, while Ferrari styling house Pininfarina could be acquired by an Indian company. Ducati, Lamborghini and Italdesign Giugiaro are already in German hands. So why isn't Italy doing what other countries are doing to protect its domestic auto sector?... Read More »

Jaguar Land Rover names new global engineering chief

March 27, 2015 17:11 CET

Jaguar Land Rover named company veteran Nick Rogers as its new engineering director to succeed Wolfgang Ziebart. Rogers will assume board-level responsibilities for the UK automaker's global engineering operations, reporting directly to CEO Ralf Speth, JLR said.... Read More »

Mercedes plans to launch its first pickup by 2020

March 27, 2015 13:40 CET

Daimler's Mercedes unit plans to launch its first pickup truck by 2020, targeting sales at the European, Latin American, Australian and South African markets. The pickup will contribute to the brand's global growth targets, Daimler CEO Dieter Zetsche said.... Read More »

Valeo's self-driving systems learn from military drones

March 27, 2015 17:55 CET

Valeo plans to draw on drone software and other military technologies from partner Safran to offer self-driving vehicle platforms to carmakers by the end of the decade. The French supplier said the first applications may reach automaker customers within three years.... Read More »

Renault increases Zoe EV's range by 30km

March 27, 2015 06:01 CET

Renault has extended the range of its battery powered Zoe subcompact hatchback by 30km to 240km (149 miles) to help boost sales.... Read More »

Dutch regulators raid Uber over court ruling compliance

March 27, 2015 11:41 CET

A Dutch regulatory agency raided the Amsterdam offices of ride-sharing service Uber in connection with its UberPOP unit after a court deemed it illegal in December.... Read More »

PSA picks France factory over Spain for engine production expansion

March 27, 2015 09:47 CET

PSA said it has chosen a French factory over a rival Spanish plant to expand engine production. PSA will upgrade its Tremery site to produce the turbocharged version of a three-cylinder engine already manufactured there. The plant beat out PSA's factory in Vigo, Spain, for the additional 200,000 engines a year.... Read More »

Ghosn's pay increase criticized by Renault union

March 27, 2015 09:23 CET

Renault's biggest trade union, the CGT, criticized the automaker's proposal to more than double CEO Carlos Ghosn's 2014 pay package to 7.22 million euros ($7.85 million). Renault, which is cutting 7,200 jobs in France, says Ghosn's higher earnings are tied to the company's profit increase.... Read More »

YANG JIAN

BLOG: With Volvo's help, Geely goes upscale

4:31 am U.S. ET | March 27, 2015

Zhejiang Geely Holding Group launched sales last week of its new flagship car, the GC9 midsize sedan, which is the first product developed by the Chinese automaker with the support of Volvo.... Read More »

PSA, Mitsubishi cuts jobs in Russia, halt output again

March 27, 2015 11:06 CET

PSA and Mitsubishi will halt production at their joint venture plant in Russia for the second time this year and cut 100 jobs.... Read More »

Pirelli CEO sees strong future with ChemChina, no talks on counterbid

March 27, 2015 12:07 CET

Pirelli has a strong future with China National Chemical Corp. and is not talking to others about a possible counterbid, CEO Marco Tronchetti Provera said. ChemChina agreed to become the majority owner of the world's fifth-largest tire maker in an $8 billion deal. The market speculated that Bridgestone could be putting together a counterbid.... Read More »

Pininfarina investor confirms India's Mahindra is interested in buying Italian design company

March 26, 2015 11:39 CET

Pininfarina's controlling shareholder, Pincar, confirmed that India's Mahindra & Mahindra has expressed interest in buying the Italian car designer. Mahindra is one of heavily indebted Pininfarina's most important customers.... Read More »

German court dismisses hedge funds' suit against Porsche holding company

March 26, 2015 16:21 CET

A German court has dismissed claims brought against Porsche SE by hedge funds seeking $1.3 billion in damages over its botched attempt to take over Volkswagen in 2008.... Read More »

Ford aims to triple exports from India with new plant

March 26, 2015 10:09 CET

Ford has invested $1 billion in a new plant in India that will help the automaker triple exports from the country. The factory will build the EcoSport subcompact SUV, which Ford exports to Europe.... Read More »

2015 NEW YORK AUTO SHOW

McLaren aims 570S at high-end Porsche 911, Audi R8

March 26, 2015 12:50 CET

McLaren has named the first of its entry-level supercars the 570S. The V-8 powered coupe will compete against high-end versions of the Porsche 911 and Audi R8.... Read More »

Tesla sued in UK in fight over charging stations rollout

March 26, 2015 11:06 CET

Tesla was sued in London in a dispute over whether the company interfered with a competitor's plan to rollout electric-car chargers at UK highway rest stops. Renewable energy supplier Ecotricity claims Tesla tried to induce companies to breach agreements for exclusive charging points. Tesla countersued accused Ecotricity acting abusively in its dominant position as a supplier.... Read More »

 
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