WAP ANE Breaking

GM, Ford, Toyota and VW among automakers hit by antitrust penalties in India

Aug. 26, 2014 10:21 CET
India's antitrust regulator fined 14 carmakers a combined $420 million for stifling competition in the market for spare parts. Among the companies fined were the local units of GM, Ford, Toyota, VW, Fiat, Nissan, BMW and Mercedes.... Read More »

 

VW Group sales rise 7% in July on Europe, China gains

Aug. 26, 2014 12:22 CET
VW Group sales increased 7 percent in July to 808,500 vehicles as gains in Europe and China outweighed declines in the Americas. Through seven months the automaker's volume is up 6 percent to 5.78 million.... Read More »

 

China's corruption watchdog investigates execs at Volkswagen JV

Aug. 26, 2014 12:51 CET
China's corruption watchdog says it is investigating one former and one current executive at VW Group's Chinese venture, FAW-Volkswagen Automotive, for "seriously violating the law."... Read More »

 

Tata brand plans upscale SUVs with Jaguar Land Rover tech, report says

Aug. 26, 2014 11:41 CET
Tata Motors is developing two upscale SUVs for its Tata brand using technology from Jaguar Land Rover, a Delhi-based business newspaper reported.... Read More »

 

VW will launch new Golf in 2017, report says

Aug. 25, 2014 06:01 CET
Volkswagen plans to launch the eighth generation of its best-selling Golf hatchback in 2017, five years after launching the current model, a German magazine reported.... Read More »

 

German suppliers asked to form JVs in China, report says

Aug. 25, 2014 10:39 CET
China has told three German suppliers they can no longer manage their Chinese units independently but need to form partnerships with local peers, the CEO of partsmaker ElringKlinger told a German newspaper.... Read More »

 

Russia's AvtoVAZ to cut Lada production

Aug. 25, 2014 12:02 CET
Russia's AvtoVAZ said it plans to cut production of its Lada cars in the next three months by 25,000 because of rapidly declining demand for new vehicles in the country.... Read More »

 

Deepening rivalries test German luxury car dominance

Aug. 25, 2014 08:57 CET
As German premium brands lose their exclusivity in a chase for volume, revived premium brands such as Jaguar, Land Rover, Volvo and Maserati are challenging the luxury-car market dominance of BMW, Audi and Mercedes.... Read More »

 

GM reviews timing of Russia plant expansion

Aug. 22, 2014 17:19 CET
GM is reviewing the timing of the expansion of its Russian plant near St. Petersburg because of a slump in the country's auto market.... Read More »

 

2014 PARIS AUTO SHOW

Skoda releases images of the new Fabia

Aug. 21, 2014 15:21 CET
Skoda has released images of its new Fabia subcompact, which will launch in Europe early next year after debuting at the Paris auto show in October.... Read More »

 

New and premium models boost UK car exports to July record

Aug. 21, 2014 10:44 CET
The UK has reported record car exports for July as production rose by nearly 3 percent year-on-year last month because of new models and strong sales of top-end vehicles.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Conti exec says automated driving requires tight ties with many partners

Aug. 21, 2014 06:01 CET
Continental executive Helmut Matschi says automated driving will emerge gradually in the next decade. He also believes that to be successful, suppliers will need to collaborate more than ever with non-automotive companies.... Read More »

 

EU regulators seek to close car emissions testing loopholes

Aug. 20, 2014 13:30 CET
EU regulators are pushing for legislation that will require vehicles to be tested on roads rather than in laboratories in a bid to close loopholes that allow carmakers to exaggerate fuel-saving and emissions credentials.... Read More »

 

Greens, industry square off over putting cars in EU carbon market

Aug. 20, 2014 16:55 CET
Environmental campaigners are bracing to take on big business over whether Europe should include road transport in the EU carbon market, a move that could bring down the costs faced by the auto industry to reduce emissions from new cars.... Read More »

 

Volvo swings to first-half profit on China, Europe gains

Aug. 20, 2014 07:42 CET
Volvo said it swung to a profit for the first half on the back of sharply rising sales in China and growth in Europe, which more than offset lingering weakness in the U.S.... Read More »

 

Russia will consider support for car market, reports say

Aug. 20, 2014 10:13 CET
Russia will consider taking measures aimed at supporting the auto market, news agencies quoted Prime Minister Dmitry Medvedev as saying. Car sales in Russia fell 23 percent in July as consumers worry about the impact of the Ukraine crisis.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Bosch, Faurecia, ZF grow in 2013; combined Europe sales for top 30 rise 7%

Aug. 20, 2014 06:01 CET
Europe's biggest suppliers rebounded last year as the region showed signs of recovery in the final months of 2013. Overall 2013 European sales by suppliers in the top 30 increased by 7 percent to $183.5 billion compared with the year before.... Read More »

 

Saab's owner seeks partner to secure brand's future

Aug. 19, 2014 11:15 CET
Saab's owner, National Electric Vehicle Sweden, says it is in discussions with potential partners as it seeks to restart car production and develop future models.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Ford Store borrows from Apple in bid to move brand upscale in Europe

Aug. 18, 2014 06:01 CET
Ford is the latest automaker to borrow ideas from tech giant Apple. The automaker is rebranding 500 European dealerships as Ford Stores ahead of launching its new Vignale premium trim line.... Read More »

 

Volvo CEO on new XC90: 'There is no second chance'

Aug. 18, 2014 15:00 CET
The new XC90 is crucial to Volvo's bid to close the sales gap with German premium rivals BMW, Mercedes and Audi. "There is no second chance," Volvo CEO Hakan Samuelsson said.... Read More »

 

China finds Mercedes guilty of price fixing, report says

Aug. 18, 2014 10:53 CET
Mercedes has been found guilty of manipulating prices for aftersales services in China, the official Xinhua news agency reported. Foreign automakers have been under scrutiny in China amid reports by state media that they are overcharging consumers.... Read More »

 

Russia may ban car imports if West applies new sanctions, report says

Aug. 18, 2014 11:54 CET
Russia may ban car imports if the West applies additional sanctions on Moscow over its involvement in Ukraine, a daily newspaper reported.... Read More »

 

China needs Europe-like open competition, Volvo Chairman says

Aug. 18, 2014 13:46 CET
Volvo Chairman Li Shufu says China should stop trying to hinder competition in the world's largest automaker. "It's best if it's completely open, like in the U.S. and Europe; whoever wants to produce cars can do it," Li said.... Read More »

 

Mercedes, Audi success boosts Hungary economy

Aug. 16, 2014 06:01 CET
Increased vehicle output by Mercedes and Audi is giving Hungary's economy a boost. Gross Domestic Product rose by 3.9 percent in the second quarter, the Hungarian Central Statistics Office said.... Read More »

 

Aston Martin's U.S. stores at risk due to new crash rule, dealer says

Aug. 15, 2014 10:45 CET
Aston Martin stores in the United States will become unprofitable and could be forced to close if the sports-car maker cannot get an exemption for two of its models from tougher new crash standards, a top dealer said.... Read More »

 

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