Eastern Europe

Russian car sales sink most in 4 years on ruble weakness

July 10, 2014 12:29 CET
Sales of new cars in Russia plunged by the most in more than four years in June as a weaker ruble curbed demand. Automakers sold 199,398 vehicles last month, down 17 percent from a year earlier.... Read More »

 

EU probes state aid for Audi's Hungary expansion

July 9, 2014 16:22 CET
The European Commission is probing state aid to Audi to expand its plant in Hungary. The commission approved aid to Porsche and BMW to expand their factories in Germany.... Read More »

 

With fwd and sleeker design, Nissan aims to double X-Trail sales in Europe

June 27, 2014 06:01 CET
Nissan expects to double sales of the X-Trail in its European markets after giving the latest generation of the mid-sized SUV a less rugged design and a front-wheel-drive option.... Read More »

 

Renault-Nissan completes deal to take control of AvtoVAZ

June 27, 2014 12:10 CET
Renault-Nissan has completed a deal to take control of Russia's largest automaker, AvtoVAZ, Renault said today. The alliance now has a 67.1 percent stake in the holding company that controls AvtoVAZ.... Read More »

 

Hyundai Mobis plans headlight factory in Czech Republic, report says

June 25, 2014 13:43 CET
Hyundai Mobis wants to build a factory to produce headlights in the Czech Republic where parent Hyundai Motor has a car plant, a report said.... Read More »

 

Tavares names Europe chief, reshuffles top jobs at PSA

June 18, 2014 11:23 CET
PSA CEO Carlos Tavares has appointed a boss for the company's European operations and recruited a former top Renault executive to head manufacturing in his latest management changes at the automaker.... Read More »

 

Ford will keep Fiesta production in Germany after cost-saving deal

June 10, 2014 06:01 CET
Ford will keep production of the Fiesta in Germany after agreeing with workers to cut assembly costs. Reports had said Ford could move Fiesta production to its Romanian factory where the B-Max is built.... Read More »

 

AvtoVAZ plans deeper job cuts; 13,000 to go at Togliatti

June 6, 2014 16:40 CET
Russia's largest carmaker, AvtoVAZ, says it expects to cut about 13,000 workers -- up from 7,500 -- at its Togliatti plant due to falling sales of its Lada brand. The factory employed 65,891 at the end of last year.... Read More »

 

PSA to move Citroen C3 output to Slovakia from France, sources say

May 22, 2014 14:58 CET
PSA will build its next C3 subcompact in Slovakia instead of France, sources close to the carmaker said. The move is part of a strategy to shift production of low-margin small cars away from western Europe, where costs are considered too high.... Read More »

 

Russian car sales will fall up to 20% in 2014, AvtoVAZ CEO says

May 22, 2014 15:51 CET
Russia's car market will shrink by as much as 20 percent this year as economic growth slows, AvtoVAZ CEO Bo Andersson said. Last year, sales fell 6 percent.... Read More »

 

Fiat will invest $773 million in Polish plant, gov't says

May 21, 2014 12:52 CET
Fiat plans to invest about 2.36 billion zlotys ($773 million) to upgrade its factory in southern Poland where it plans to start the production of a new Fiat model, the Polish government said.... Read More »

 

Interactive: European assembly plant map

May 19, 2014 06:01 CET
Europe's vehicle production footprint is undergoing big changes as automakers race to right-size their operations. Automotive News Europe's interactive assembly plant map is the go-to resource to help stay on top of all of the changes.... Read More »

 

Renault-Nissan's Russian resilience has limits

May 14, 2014 16:55 CET
Renault is looking closely at Western sanctions on Russia even though its carmaking alliance with Nissan appears better positioned than others to ride out the crisis over Ukraine.... Read More »

 

Renault-Nissan's resilience to Russia's problems may be tested

May 14, 2014 15:46 CET
Renault is looking closely at Western sanctions on Russia even though its alliance with Nissan appears better positioned than others to ride out the crisis over Ukraine.... Read More »

 

Magna denies being asked by Canada to end Russia JV

May 14, 2014 10:54 CET
Magna International CEO Donald Walker says he hasn't been asked to end a Russian joint venture amid mounting tension over Ukraine even as an executive from partner Avtotor cited pressure from Canada to do so.... Read More »

 

Russian car sales fall 8% in April on weak ruble

May 13, 2014 16:08 CET
Russian car sales fell 8 percent in April as the weak ruble hit consumer demand. Car sales have been falling as Russia's already weak economy is further hit by Western sanctions over Ukraine and people delay making large purchases.... Read More »

 

Car parts boom brings hope to Bulgaria

May 10, 2014 06:01 CET
Bulgaria, the EU's poorest member, is capitalizing on factors including its location, its low taxes and reduced labor costs to attract auto suppliers.... Read More »

 

Fiat will build Punto replacement in Poland

May 8, 2014 10:31 CET
Fiat will upgrade its Polish factory to build the Punto replacement, a report said. The new subcompact will launch in 2016 and could be named the 500 Plus, sources said.... Read More »

 

Daimler resumes production at Mercedes plant in Hungary after bomb threat

May 7, 2014 16:32 CET
Daimler has resumed production at its Mercedes plant in Hungary after a bomb threat on Wednesday. The plant produced more than 100,000 vehicles in 2013 including the Mercedes CLA.... Read More »

 

Michelin to close truck tire plant in Hungary

May 6, 2014 13:07 CET
Michelin plans to close its truck tire plant in Budapest, Hungary, in response to adverse trends and aggressive competition in the European market. The French firm, however, will keep making high-performance car tires in the country.... Read More »

 

Mitsubishi ends Europe profit drought

May 1, 2014 06:01 CET
Mitsubishi's European operations ended a three-year profit drought because of foreign exchange windfalls, demand for the Outlander plug-in hybrid and the closure of its Dutch plant. The unit reported an operating profit of 261 million euros.... Read More »

 

Lamborghini SUV will be built at VW's Slovakia plant, sources say

April 25, 2014 06:01 CET
The Lamborghini Urus SUV will be built at parent VW Group's factory in Slovakia starting in 2017, sources said.... Read More »

 

Renault freezes plans for Russian van production on weak ruble

April 24, 2014 13:35 CET
Renault has frozen plans to build vans with Russian truckmaker ZIL due to a weakening of the ruble. The company had planned to build Renault and Fiat vans with ZIL in Moscow.... Read More »

 

JESSE SNYDER

New Russian outlook: 'Slower, lower, weaker'

12:01 am U.S. ET | April 23, 2014
Days after Russia annexed a province of Ukraine and U.S. and European forces mobilized, you would expect a conference in the United States on the future of the Russian auto industry to be pessimistic.... Read More »

 

JESSE SNYDER

New Russian outlook: 'Slower, lower, weaker'

3:50 pm U.S. ET | April 22, 2014
Days after Russia annexed a province of Ukraine and U.S. and European forces mobilized, you'd expect a conference on the future of the Russian auto industry to be pessimistic.... Read More »

 

 
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