WAP ANE Breaking

VW brand sales fall nearly 9% in June on China slowdown

July 17, 2015 20:03 CET

Sales at Volkswagen's core division fell for an eighth time in nine months in June as slowing momentum in China and slumping demand in Latin America outweighed gains in Europe.... Read More »

Opel will shorten hours at two German plants

July 17, 2015 17:29 CET

Opel will shorten working hours at two German plants after exiting the plunging Russian auto market and because of moderate demand in Europe.... Read More »

BMW will unveil redesigned, upgraded models in China as sales slow

July 17, 2015 12:56 CET

BMW will unveil a new 7-series sedan, an upgraded version of the 3 series and cheaper versions of the X5 and X6 SUVs in China this year. The company is aiming to shore up weak sales and raise its competitiveness against German rival Mercedes in the market.... Read More »

Land Rover Defender production to be extended

July 17, 2015 10:43 CET

Jaguar Land Rover could extend production of its current-generation Land Rover Defender in Solihull, England, into early next year as it mulls where to build the iconic SUV's successor. Defender production had been scheduled to finish at the end of the year.... Read More »

Nissan passes Toyota to become Europe's top-selling Asian brand

July 17, 2015 10:20 CET

Nissan passed Toyota to become the top-selling Asian brand in Europe in the first six months as demand for the latest Qashqai compact crossover and growth in key markets such as the UK, France and Germany, helped the automaker gain market share.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

PSA exec foresees single regulation for diesel and gasoline emissions

July 17, 2015 06:01 CET

PSA/Peugeot-Citroen's chief engineer for downsized gasoline engines foresees a day when there is a single regulation for diesel and gasoline emissions. Denis Fourchon also told Automotive News Europe that diesels will struggle to remain Europe's top powertrain as gasoline engines become more fuel efficient.... Read More »

VW explores return to Iran after nuclear sanctions lift

July 16, 2015 14:48 CET

Volkswagen has taken the first steps to entering Iran after the Islamic Republic's nuclear accord with the West pointed to an easing of economic sanctions that have prevented carmakers from doing business in the country.... Read More »

Magna will buy Getrag for $1.9 billion to expand in transmissions

July 16, 2015 13:29 CET

Magna International, North America's biggest supplier, agreed to buy German manufacturer Getrag for 1.75 billion euros ($1.9 billion), gaining control of one of the largest independent producers of vehicle transmissions.... Read More »

European car sales rise 15% as recovery takes hold despite Greek crisis

July 16, 2015 08:32 CET

New-car sales in Europe rose at the highest monthly rate in five and a half years in June as extra selling days in key markets, increased discounting and strong demand for mid-market brands and luxury cars pushed growth. Registrations jumped 15 percent to 1.41 million.... Read More »

Audi reviews China 2015 sales target

July 16, 2015 10:57 CET

Audi is reviewing its 2015 target of selling 600,000 cars in China, the latest sign that a downturn in demand for passenger cars in the world's biggest car market is more severe than automakers expected.... Read More »

Jaguar Land Rover criticizes new UK tax aimed at expensive cars

July 16, 2015 06:01 CET

Jaguar Land Rover said premium automakers will be unfairly penalized by a new UK vehicle tax scheme that is expected to hit sales of large SUVs and big sedans.... Read More »

Strike at Spanish seating supplier ends

July 15, 2015 14:53 CET

Employees at a Spanish factory of seating supplier Johnson Controls today resumed work. Their strike had hit production at Volkswagen Group's Seat unit.... Read More »

Maserati sales will resume in India

July 15, 2015 16:16 CET

Fiat Chrysler will resume sales of its Maserati sports cars in India, nearly three years after troubles with its former partner forced it to leave the market. Growth in luxury car sales in India has outpaced sales of other passenger vehicles over the last few years.... Read More »

Porsche will spend 1.1 billion euros to upgrade plants

July 15, 2015 12:22 CET

Porsche will spend 1.1 billion euros ($1.21 billion) through 2020 to upgrade its main production and research sites in Germany.... Read More »

Marchionne drops GM merger quest, report says

July 15, 2015 12:16 CET

Fiat Chrysler CEO Sergio Marchionne does not plan to make another offer to merge with General Motors after being rejected by its U.S. rival four months ago, the New York Times quoted him as saying.... Read More »

PSA plans to expand Iran venture after nuclear deal

July 15, 2015 10:53 CET

PSA/Peugeot-Citroen is in advanced talks over an Iranian carmaking venture with its local partner, Iran Khodro. The new venture would build cars from scratch using the automaker's latest vehicle architectures and engines.... Read More »

Toyota will recall 625,000 Prius hybrids for software glitch

July 15, 2015 11:23 CET

Toyota will recall about 625,000 Prius hybrids globally, including 160,000 in Europe, to fix a software glitch that could shut down the hybrid system while the car is being driven.... Read More »

Ford's Europe sales rise 16% on new Mondeo, SUVs

July 14, 2015 14:31 CET

Ford's European car sales rose 16 percent in June as the automaker benefited from demand for its new Mondeo and SUVs. Ford also said it has received more than 6,700 European orders for the Mustang sports car.... Read More »

Volvo buys racecar maker's tuning arm to challenge BMW, Mercedes

July 14, 2015 10:58 CET

Volvo bought Swedish racecar maker Polestar's tuning division and will use the name for an expanded high-performance line to challenge Mercedes-AMG and BMW's M models.... Read More »

Jaguar Land Rover lowers China sales target

July 14, 2015 13:02 CET

Jaguar Land Rover cut its sales targets and prices in China amid slowing demand in the world's largest auto market. The UK automaker gets about a quarter of its sales from China.... Read More »

Ford expects Russian market to stabilize

July 14, 2015 11:35 CET

Russia's auto market could stabilize in the second half, said the head of Ford's Russian venture, Ted Cannis, halting a slide in sales fueled by the country's economic downturn.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Plastic Omnium boss foresees further gains from toughening emissions rules

July 14, 2015 06:01 CET

Plastic Omnium CEO Laurent Burelle wants to boost revenue 32 percent to 7 billion euros by 2018 at the French supplier of bumpers and fuel tanks. Much of the increase is expected to come from components that will help automakers meet tougher global emissions rules, Burelle told Automotive News Europe.... Read More »

Renault says strike at Spanish supplier has ended

July 13, 2015 16:22 CET

Renault said a 10-day strike at Spanish aluminum casting supplier Alumalsa had ended and had not significantly hit production.... Read More »

German premium brands hit by China stock market turmoil, slowing economy

July 13, 2015 15:15 CET

Prices for German luxury cars in China are tumbling as the country's stock market sell-off and worries about broader economic growth chill demand for auto brands that once commanded price premiums from affluent Chinese consumers.... Read More »

Brilliance China issues profit warning as slowing economy hits BMW sales

July 13, 2015 15:47 CET

Brilliance China Automotive Holdings, which makes BMW cars in China, issued a profit warning, citing slowing sales in the world's biggest car market.... Read More »

 
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