WAP ANE Breaking

Volkswagen Group sales rise 3% in October on Europe, China gains

Nov. 14, 2014 11:09 CET
Volkswagen said group sales increased 3 percent in October as strong gains in western Europe and China helped offset declining demand in the U.S. and South America. Ten-month deliveries rose 5 percent to 8.24 million.... Read More »

 

AUTOMOBILWOCHE CONGRESS 2014

Ford taps independent software developers

Nov. 14, 2014 08:23 CET
Ford is betting on open systems and the innovative capabilities of external software developers in its vehicle connectivity strategy, Barbara Samardzich, Ford of Europe's chief operating officer, said.... Read More »

 

Jaguar Land Rover's UK staff rejects pay deal

Nov. 13, 2014 15:46 CET
Jaguar Land Rover's UK workers have voted overwhelmingly against an offered pay rise and pension changes as the Unite union says the automaker should return to the negotiating table or face a ballot for industrial action.... Read More »

 

Ford's European sales up 8% on UK, Italy gains

Nov. 13, 2014 15:07 CET
Ford increased European car sales by 8 percent in October, its fifth straight monthly gain, as it benefited from double-digit growth in the UK and Italy. Overall 10-month sales also rose 8 percent.... Read More »

 

Ferrari to provide Fiat Chrysler big pre-spinoff payout

Nov. 13, 2014 18:02 CET
Fiat Chrysler Automobiles expects to get 2.25 billion euros ($2.81 billion) from Ferrari via transactions it will execute before it spins off the supercar maker from the group, a filing with U.S. regulators showed.... Read More »

 

Car2Go poised to top 1-million users

Nov. 13, 2014 10:19 CET
Daimler's Car2Go car-sharing unit will have more than 1 million registered users by the end of the year, a company executive said, up from 900,000 now. The company aims to double penetration to 50 cities by 2016 with an emphasis on China.... Read More »

 

Weak ruble, gov't subsidy slow Russia's sales decline

Nov. 12, 2014 15:14 CET
Russian car sales fell 10 percent last month, slowing from a 20 percent drop a month earlier, as the weak ruble and a government subsidy started to provide benefits.... Read More »

 

Zetsche: Daimler has no ambition to run Aston Martin

Nov. 12, 2014 06:01 CET
Daimler CEO Dieter Zetsche says his company has no plans to increase its stake in Aston Martin or involve itself in operational matters at the UK sports car maker. Daimler supplies Aston Martin with electric and electronic parts and V-8 engines.... Read More »

 

Faurecia aims to nearly double sales in China by 2018

Nov. 12, 2014 11:07 CET
Faurecia is targeting sales of more than 4 billion euros ($4.97 billion) in China by 2018, up from the 2.3 billion euro estimated for this year. The supplier says it will invest 400 million euros in the country over the next five years.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Supplier competition intensifies for infotainment software

Nov. 12, 2014 06:01 CET
The battle for the dashboard will intensify as companies fight to supply the brains and technology behind increasingly sophisticated infotainment systems in a western European market that IHS Automotive believes will be worth 3 billion euros by 2020.... Read More »

 

Daimler will revive Maybach with 3 sedans but no SUV

Nov. 11, 2014 17:49 CET
Daimler will revive its Maybach ultraluxury marque as a subbrand with three variants of its flagship S-class sedan, including a version aimed at Chinese buyers, but the company ruled out a Maybach SUV for now.... Read More »

 

Marchionne expects Ferrari IPO next year

Nov. 11, 2014 16:05 CET
The initial public offering of Ferrari is expected to happen between the second and the third quarter of 2015, said Sergio Marchionne, CEO of parent Fiat Chrysler Automobiles.... Read More »

 

VW's talks to raise stake in its Chinese joint venture stall

Nov. 11, 2014 16:16 CET
Volkswagen's bid to increase its stake in a lucrative joint venture with Chinese partner FAW has stalled just as the German automaker is stepping up expansion in its biggest market, company sources said.... Read More »

 

BMW sees popularity of sports cars waning as customer tastes change

Nov. 11, 2014 12:00 CET
BMW says sports car sales may never reach pre-recession levels again as changing tastes among rich customers in China and other emerging markets hits demand. In Europe and North America, sports car demand has been hit too by growing sales of SUVs and crossovers.... Read More »

 

VW brand sales fall on Latin America, Russia

Nov. 11, 2014 11:23 CET
Volkswagen said sales of its core passenger-car brand slipped 0.4 percent in October to 517,400 vehicles, weighed down by declines in Latin America and Russia.... Read More »

 

BMW Group deliveries rise 11% on China demand

Nov. 11, 2014 11:05 CET
BMW Group vehicle sales increased by 11 percent in October on strong demand from China, which helped 10-month deliveries rise 7 percent to 1.71 million, keeping the automaker on course to reach 2 million sales this year.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Tesla, BMW, Nissan help boost EV sales in Europe

Nov. 11, 2014 06:15 CET
Helped by new entries such as the BMW i3 and Tesla Model S, the market for electric cars in Europe may rise to 150,000 with a "high scenario" of 250,000 by 2020 in a total global market forecast to be 19.3 million, analysts LMC Automotive predicts.... Read More »

 

Renault taps into growing North African market with new Algeria plant

Nov. 10, 2014 12:04 CET
Renault today opened a new factory in Algeria. The company sees growth potential in the country where the ownership rate is 100 vehicles per 1,000 inhabitants, compared with 500 in western Europe.... Read More »

 

Volvo begins XC60 production in China

Nov. 10, 2014 11:03 CET
Volvo has begun local production of the XC60 SUV at its plant in Chengdu, China. The carmaker recently announced plans to begin car exports from China to the U.S. starting next year.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

How Renault is cutting costs through more synergies with Nissan

Nov. 10, 2014 06:15 CET
Thierry Bollore has the task of boosting synergies with alliance partner Nissan in his role as chief competitive officer and joint No. 2 at Renault. Bollore spoke about this challenge and other future plans with Automotive News Europe.... Read More »

 

Mitsubishi mulls Renault-Nissan based compact for Europe

Nov. 9, 2014 06:01 CET
A new Mitsubishi compact based on a Renault-Nissan platform could be sold in Europe, Mitsubishi CEO Osamu Masuko said. The automaker's current compact for Europe, the Lancer, has been a disappointment.... Read More »

 

Ford's new Europe chief tasked with accelerating turnaround

Nov. 7, 2014 15:14 CET
Ford said new Europe chief Jim Farley is tasked with accelerating the automaker's turnaround in the region. Farley is swapping jobs with Ford of Europe President Stephen Odell, who takes Farley's role as global sales and marketing boss.... Read More »

 

A3 and Q5 demand help boost Audi sales 11%

Nov. 7, 2014 12:05 CET
Audi's global deliveries rose 11 percent in October helped by strong sales in China, the U.S. and the UK, and robust demand for the automaker's A3 and Q5 models.... Read More »

 

Mercedes sales rise to new record in October, boosted by China demand

Nov. 7, 2014 11:35 CET
Daimler said vehicle sales at its Mercedes-Benz Cars unit, which includes the Mercedes and Smart brands, rose 8 percent to 146,112 in October.... Read More »

 

BMW, Toyota move ahead with development of midsize sports car platform

Nov. 6, 2014 16:29 CET
BMW and Toyota have moved closer to a jointly developed sports car platform. A technical feasibility study has been completed and development of vehicle underpinnings has moved on to the concept phase, BMW said.... Read More »

 

 
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