Automotive News Europe

Ford to cut Fiesta output in Germany

Sept. 19, 2014 10:47 CET
Ford said it will cut production of its Fiesta subcompact at its plant in Cologne, Germany, in the fourth quarter because of slowing demand in some of the region's key markets.... Read More »

 

Fiat will suspend Panda production at Italy plant as demand falls

Sept. 19, 2014 18:00 CET
Fiat will temporarily suspend production at its Pomigliano plant in southern Italy from Oct. 16-27 amid weak demand. The Fiat Panda minicar is built at the factory.... Read More »

 

2014 PARIS AUTO SHOW

Mini will show new five-door hatchback at Paris show

Sept. 19, 2014 14:52 CET
BMW's Mini brand will unveil its first five-door hatchback in Paris as the marque seeks to attract new customers and those seeking something bigger than the current three-door Mini.... Read More »

 

Fiat will source a midsize truck from Mitsubishi

Sept. 19, 2014 08:44 CET
Fiat Chrysler will source a pickup for Europe and Latin America from Mitsubishi starting in 2016. The automakers today signed an interim agreement to develop and manufacture a midsize truck based on the next Mitsubishi L200.... Read More »

 

BMW extends CFO Eichiner's contract until 2017

Sept. 19, 2014 11:31 CET
BMW will extend the contract of 59-year-old Chief Financial Officer Friedrich Eichiner by another two years, a change by the company that has until now forced its board members to retire at 60. Eichiner's contract was due to expire next year.... Read More »

 

EU antitrust chief says more cartel fines on way for suppliers

Sept. 19, 2014 12:41 CET
EU regulators say they are ready to penalize several suppliers found guilty of price fixing. The EU has already fined two supplier cartels more than 1 billion euros in the last year.... Read More »

 

2014 Eurostar winner Gregoire Olivier

Sept. 19, 2014 06:01 CET
The executives chosen as 2014 Automotive News Europe Eurostars rose above the rest by pushing their companies to new heights. PSA Operational Director for China Gregoire Olivier is this year's winner for Emerging Market Executive.... Read More »

 

Lotus plans to cut up to 325 jobs to reduce losses

Sept. 18, 2014 18:41 CET
UK sports car maker Lotus said it plans to cut as many as 325 jobs, a quarter of its workforce, as it seeks to reduce losses.... Read More »

 

ZF net debt seen at $11 billion after TRW deal, report says

Sept. 18, 2014 18:05 CET
ZF's net debt will rise to about 8.5 billion euros ($11 billion) -- about 2.4 times core earnings -- after it buys rival TRW, a banker familiar with the deal said. Earlier this week, ZF agreed to buy TRW for $13.5 billion including debt.... Read More »

 

VW's German workers will seek above-inflation pay hike

Sept. 18, 2014 23:49 CET
VW's German workers will push for above-inflation pay increases next year, even as the carmaker seeks to cut costs and boost flagging profitability in its core division, the IG Metall labor union said.... Read More »

 

Fiat Chrysler locates new HQ in London's West End

Sept. 18, 2014 15:58 CET
Fiat Chrysler will locate its new global headquarters in St James's Street in London's West End, near Buckingham Palace. London is neutral territory between the Italian carmaker's former HQ in Turin and Chrysler's historic association with Detroit.... Read More »

 

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 »

 

2014 PARIS AUTO SHOW

Toyota concept previews new crossover

Sept. 18, 2014 06:01 CET
Toyota will unveil the C-HR concept at the Paris auto show. The concept previews a potential new entry in Europe's booming crossover 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 »

 

 
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