Eastern Europe

Russia's March car sales drop 10% as decline slows

April 8, 2016 15:31 CET

New-car sales in Russia fell 10 percent in March, the smallest decline in 15 months, causing a leading business group in the country to forecast that the market is close to hitting bottom.... Read More »

NICK GIBBS

BLOG: Bo Andersson shares lessons learned at Lada

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

Bo Andersson, the departing CEO of Lada maker AvtoVAZ, used his farewell email to say he was “proud” of what he and staff achieved and that the experience “strengthened my belief in dealing with data and not opinions.”... Read More »

Volvo to recall 3,316 cars in Russia, agency says

April 1, 2016 12:40 CET

Volvo will recall 3,316 vehicles built this year on possible faults with the cars' electronic systems, the country's technical safety watchdog said today.... Read More »

Audi workers in Hungary threaten to strike over pay

March 30, 2016 13:52 CET

Workers at Audi's factory in Hungary are threatening to strike unless they get a back-dated pay rise and other benefits. A strike would hit production of A3 and TT models built at the plant.... Read More »

Daimler plans to boost efficiency at Hungary compact car plant

March 23, 2016 13:06 CET

Daimler said it will invest 250 million euros to improve the flexibility and efficiency of its Mercedes plant in Kecskemet, Hungary. The factory builds three Mercedes compact cars.... Read More »

PEOPLE ON THE MOVE

Renault picks company veteran to head Dacia

March 21, 2016 16:18 CET

Renault named veteran executive Yves Caracatzanis as head of its Dacia low-cost brand in Romania.... Read More »

Daimler may pick Poland instead of Russia for new car plant, reports say

March 18, 2016 06:01 CET

Daimler is considering Poland instead of Russia for a Mercedes car plant, reports in the Polish and German press said. The automaker is looking at a Polish site rejected by Jaguar Land Rover when the UK company opted for Slovakia for its new factory.... Read More »

AvtoVAZ's new boss faces a tough job at Russian carmaker

March 16, 2016 10:28 CET

Nicolas Maure, brought in to turn around Renault-Nissan's Russian carmaker, AvtoVAZ, faces a tough challenge at a company where his predecessor, Bo Andersson, failed to stop sales from falling and could not overcome powerful vested interests among shareholders, suppliers and workers.... Read More »

Renault Romania chief Maure to become AvtoVAZ CEO

March 15, 2016 12:42 CET

Nicolas Maure, the head of Renault's Romanian business, will replace Bo Andersson as CEO of AvtoVAZ, Russia's biggest automaker.... Read More »

Renault Romania chief to become AvtoVAZ CEO, report says

March 15, 2016 10:25 CET

Nicolas Maure, the head of Renault's Romanian subsidiary Dacia, will replace Bo Andersson as CEO of Lada owner AvtoVAZ, Russia's largest automaker, Reuters reported.... Read More »

Kia eyes steady sales, increased market share in Russia

March 14, 2016 15:43 CET

Kia aims to increase its share of the ailing Russia car market where it is the No. 2 brand by vehicle sales. Kia's investments in local production have allowed it to undercut rivals who rely on costly imported parts.... Read More »

Was Bo Andersson too tough for AvtoVAZ?

12:01 am U.S. ET | March 14, 2016

The tougher the challenge, the more Bo Andersson, the former purchasing czar at General Motors, seemed to relish it. But Russia’s recession-plagued auto industry proved more of a challenge than even Andersson could master.... Read More »

Ford, Toyota buck Russian market slump with sales gains

March 10, 2016 12:46 CET

Ford and Toyota had sales gains in an overall Russian market that was down 13 percent in February. A stronger ruble and increased government aid for the auto industry slowed the market's slump.... Read More »

NICK GIBBS

BLOG: At AvtoVAZ, Andersson is a tough act to follow

4:28 am U.S. ET | March 8, 2016

Former top GM executive Bo Andersson looked the ideal candidate to turn around the maker of Lada cars when he became AvtoVAZ's first Western CEO. Now Russia's biggest automaker and its majority owner Renault-Nissan will have a hard time replacing arguably the world's toughest auto executive.... Read More »

NICK GIBBS

BLOG: At AvtoVAZ, Andersson is a tough act to follow

4:28 am U.S. ET | March 8, 2016

Former top GM executive Bo Andersson looked the ideal candidate to turn around the maker of Lada cars when he became AvtoVAZ's first Western CEO. Now Russia's biggest automaker and its majority owner Renault-Nissan will have a hard time replacing arguably the world's toughest auto executive.... Read More »

Nobody is making money in Russia, right, Toyota?

12:01 am U.S. ET | March 7, 2016

Carlos Ghosn may be in an awkward position the next time he runs into Toyota CEO Akio Toyoda. At the Geneva show last week, the Renault-Nissan CEO said he didn't think anyone was making money in Russia. But Toyota did last year, and in 2014.... Read More »

AvtoVAZ CEO Andersson to step down

March 7, 2016 09:36 CET

Renault-Nissan said Bo Andersson planned to step down as CEO of AvtoVAZ, which builds Lada cars. Renault-Nissan has a majority stake in the holding company that controls AvtoVAZ.... Read More »

LUCA CIFERRI

BLOG: Does Carlos Ghosn owe Akio Toyoda an award?

11:00 am U.S. ET | March 4, 2016

Renault-Nissan CEO Carlos Ghosn may have unknowingly left himself in an awkward position the next time he sees Toyota CEO Akio Toyoda.... Read More »

AvtoVAZ's owners looking for new CEO, report says

March 1, 2016 16:51 CET

The owners of Russian carmaker AvtoVAZ are searching for a new CEO to replace Bo Andersson, sources told Reuters, weeks after the Lada maker reported a record loss that led to Renault slashing the value of its stake.... Read More »

GM eyes Russia production restart

Feb. 26, 2016 10:38 CET

General Motors can envision a day when it restarts vehicle production in Russia, although the company is unlikely to relaunch Opel in the market, GM's top European executive said.... Read More »

Thyssenkrupp builds new auto-parts plant in Hungary

Feb. 23, 2016 12:14 CET

German supplier Thyssenkrupp is investing 100 million euros ($110 million) to build a new engine and steering components plant in Hungary. The company currently has a software development center for steering technology in the country and a factory to supply Audi.... Read More »

Ford to add EcoSport, Ka output in Romania, report says

Feb. 16, 2016 12:44 CET

Ford will add production of two models, the Ka minicar and EcoSport small SUV, at its underused plant in Craiova, Romania, a report said.... Read More »

Renault vows to sustain AvtoVAZ after record loss

Feb. 12, 2016 11:46 CET

Renault pledged to support AvtoVAZ, which warned it may not survive without help from shareholders after the collapse of the domestic car market pushed it into a record $930 million loss.... Read More »

Russian new-car sales continue steep decline in January

Feb. 8, 2016 15:45 CET

Russian new-car sales plunged 29 percent last month, extending a collapse from 2015 that is forcing the government to spend billions of rubles more to support the ailing auto industry.... Read More »

Luxury car sales surge in Russia despite crisis

Feb. 3, 2016 16:34 CET

More and more Porsche, Bentley and Rolls-Royce cars are appearing on Russian roads as wealthy buyers take advantage of a weak ruble that means luxury cars are considerably cheaper in Russia than in the U.S.... Read More »

 
Ghosn's life-changing post-Christmas offer

Douglas A. Bolduc
5:37 am U.S. ET | Aug. 22 2016

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Carlos Ghosn's powers of persuasion are very hard to resist, Nissan Brazil's current boss learned on Dec. 26. 2011. ...
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Automakers face uncertainty over key Chinese government policies

Yang Jian
6:24 am U.S. ET | Aug. 19 2016

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Auto executives in China are worried these days. ...
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Confessions of a diesel junkie


12:01 am U.S. ET | Aug. 3 2016

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My plan to someday drive off into the sunset in a diesel-powered car at the conclusion of my career ...
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PSA bravely reveals industry's dirty secret

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

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Give credit to PSA for being bold enough to reveal in great detail something none of its rivals woul ...
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Newsletters & Alerts
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VW brand suffers most as car sales fall 2% in Europe's top 5 markets in July
VW brand car sales fell steeply in Europe's top five markets in July as the automaker continued to s ...
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Lada defies Russian market slump with new Western-style cars
Lada bucked the Russia's steep slump with a 4 percent rise in sales last month in a market down 17 p ...
 Read More ›
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UK car sales flat in July amid signs of a consumer slowdown
British new-car sales were flat in July but demand from private consumers fell, suggesting a hit to ...
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Western Europe sales fall 2% in first monthly decline since 2013
New-car sales in western Europe fell 2 percent in July, the first monthly decline since August 2013, ...
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German car sales fell 3.9% in July as VW Group takes big hit
New-car sales in Germany fell 3.9 percent in July on fewer selling days, with VW Group brands suffer ...
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Italy car sales growth slows to 2.9% in July
New-car sales in Italy grew by 2.9 percent in July -- less than the double-digit growth recorded in ...
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French new-car sales plunged nearly 10% in July
French car sales fell 9.6 percent in July on fewer selling days with PSA and VW Group suffering stee ...
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Europe's first-half sales growth beats predictions, but Brexit could slow surge
Europe's first-half car sales grew by a stronger-than-expected 9.1 percent with nearly every automak ...
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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 ...
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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 ...
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Volkswagen Group appoints China chief for VW brand
VW Group appointed veteran manager Stephan Woellenstein to the newly created position of CEO for the ...
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Ford promotes UK exec Periam to Europe finance chief
Ford executive Will Periam is the new chief financial officer of the automaker's European subsidiary ...
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Ex-Mini design chief Warming joins Chinese-backed Borgward
Borgward, a German brand that has been revived with Chinese backing, has recruited Mini's former des ...
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PSA names new Peugeot, China, Europe chiefs
PSA Group named new chiefs for its Peugeot brand and for its Europe and China regions. ...
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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. ...
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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 ...
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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. ...
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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 ...
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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 ...
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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... ...
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Seat expects Ateca to strengthen its profitability
Seat, which recently returned to profitability after years of losses, expects to further strengthen ...
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Ford makes Edge its European flagship
Ford says it will target premium rivals including the Volvo XC60 and Audi Q5 with its new European f ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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VW Tiguan offers more room, less weight
Volkswagen has made its new Tiguan lighter, roomier and added more technology as standard equipment ...
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Suppliers to the new VW Tiguan
VW started production of the new Tiguan in January at its factory in Wolfsburg, Germany. Output is e ...
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Suppliers to the new Bentley Bentayga
Bentley Bentayga production began in November 2015 at the brand's factory in Crewe, England. ...
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Suppliers to the new Renault Talisman
Assembly of the new Renault Talisman began in September 2015 at Renault's factory in Douai, France. ...
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Suppliers to the new Alfa Romeo Giulia
Assembly of the all-new Alfa Romeo Giulia began in March at parent Fiat Chrysler Automobile’s ...
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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 ...
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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 ...
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