WAP ANE Breaking

PSA will pay Iran partner $446 million compensation for quitting market, report says

Feb. 8, 2016 11:28 CET

PSA will pay its Iran partner $446 million in compensation for losses incurred after it quit the country due to sanctions, the Iranian company told a local news agency.... Read More »

THE VW EMISSIONS SCANDAL

VW will offer U.S. diesel scandal customers generous compensation, paper says

Feb. 7, 2016 14:16 CET

Volkswagen will offer generous compensation packages for the roughly 600,000 U.S. owners of diesel vehicles that emit an illegal amount of emissions, Ken Feinberg, the head of its claims fund, told a German paper.... Read More »

THE VW EMISSIONS SCANDAL

VW delays 2015 earnings report until April due to diesel scandal

Feb. 7, 2016 13:52 CET

Volkswagen said it will publish its annual results as soon as April and may hold its annual shareholders' meeting in early June, four to six weeks later than scheduled as the company determines the financial fallout from the diesel emissions scandal.... Read More »

2016 GENEVA AUTO SHOW

VW's Seat readies unveiling of its first SUV

Feb. 7, 2016 06:01 CET

VW Group's Seat brand this week will unveil its first SUV as the struggling brand seeks to benefit from a booming segment in Europe.... Read More »

NEWS ANALYSIS

Automakers survive EU politicians' backlash on emissions for now

Feb. 6, 2016 06:01 CET

Intense lobbying by Europe's car manufacturers helped to save a compromise that will let automakers exceed EU pollution targets for now, but the narrowness of their victory shows that politicians are running out of patience.... Read More »

BMW's laser headlights showcase Osram's mass-market goals

Feb. 6, 2016 06:15 CET

German supplier Osram is equipping BMW 7-series sedans with laser headlight modules, marking a move to the mass-market for the technology, which is already available on BMW's i8 plug-in hybrid suprcar and Audi's R8 LMX sports car.... Read More »

VW delays 2015 results due to open issues on emissions

Feb. 5, 2016 14:34 CET

Volkswagen said its emissions scandal will delay its publication of last year's results, as the automaker struggles to determine the financial impact of its cheating.... Read More »

Volvo bets on wagons with V90 despite SUV boom

Feb. 5, 2016 06:01 CET

Volvo will show its commitment to station wagons, whose sales are being hit by the global boom in SUVs, when it unveils its new V90 later this month.... Read More »

Mercedes sales rise 20% in Jan. on strong China demand

Feb. 5, 2016 13:13 CET

Sales of Mercedes brand cars increased by 20 percent in January to 150,814, buoyed by a 52 percent jump in China sales.... Read More »

Mahindra mulls Pininfarina-designed premium car

Feb. 5, 2016 14:41 CET

Mahindra has begun talks with Pininfarina, the Italian design house it agreed to buy in December, to build a premium car for the Indian market.... Read More »

VW launches ad campaign without 'Das Auto' slogan

Feb. 5, 2016 06:01 CET

Volkswagen is launching an advertising campaign in Europe this month that will also roll out globally aimed at winning back trust and sales lost through its diesel emissions-cheating scandal. The campaign drops the slogan "Das Auto" previously used by the automaker in its marketing.... Read More »

Renault-Nissan reports record EV sales in 2015 despite drop in Leaf demand

Feb. 5, 2016 11:37 CET

Renault-Nissan said global sales of battery-powered vehicles rose 2.5 percent to a record 84,754 last year even though there was a slowdown in demand for the Nissan Leaf, the world's best-selling electric vehicle.... Read More »

Toyota quarterly net income rises 4.7% to $5.4 billion

Feb. 5, 2016 09:23 CET

Toyota posted a 4.7 percent gain in quarterly net income and raised its full-year profit forecast slightly due to strong demand in the U.S.... Read More »

PSA plans to cut 850 jobs at French factory, report says

Feb. 5, 2016 11:04 CET

PSA/Peugeot-Citroen plans to cut the night shift and 850 jobs at its Poissy factory near Paris to adapt to lower output levels as production of the Citroen C3 is moved to Slovakia next year, Reuters reported.... Read More »

Daimler earnings surge 22% on new models

Feb. 4, 2016 09:44 CET

Daimler's fourth-quarter operating profit surged by 22 percent, lifted by demand for SUVs, compact cars and sales of its C class. The company, however, warned of slower growth in 2016 as China cools.... Read More »

VW brand sales fall again in UK as market grows 3%

Feb. 4, 2016 11:06 CET

VW brand’s UK car sales fell 14 percent in January, the fourth consecutive monthly drop since the automaker admitted cheating in diesel emissions tests. Total new-car registrations rose nearly 3 percent, making it the market's best January since 2005.... Read More »

Ford will cut jobs in Europe to boost profits

Feb. 3, 2016 10:13 CET

Ford plans to cut white collar jobs in Europe to help lift its weak profitability in the region. Ford also said it plans to reduce its European manufacturing expenses by 7 percent.... Read More »

Automakers win fight for diluted EU car-pollution test

Feb. 3, 2016 14:13 CET

Automakers won their fight for a diluted EU plan for testing NOx emissions of cars under real-driving conditions. The plan today cleared the final hurdle in the European Parliament, defying calls for more radical reform following Volkswagen's test-cheating scandal.... 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 »

VW's sales in Germany slip amid diesel scandal

Feb. 3, 2016 08:30 CET

VW, Skoda and Seat sales fell last month in Germany in a market where total registrations rose 3.3 percent. VW brand sales declined by 8.6 percent in a sign that the automaker's diesel scandal may be deterring buyers.... Read More »

German gov't, automakers aim for deal by March to boost EV sales

Feb. 3, 2016 11:56 CET

Chancellor Angela Merkel's government is pushing for an agreement within the next month together with German automakers to boost electric car sales in the country as demand for EVs fails to take off in the market.... Read More »

Renault-Nissan plan cheap EV for China

Feb. 3, 2016 06:01 CET

Renault-Nissan will develop an affordable electric car for China because the alliance's current offering, the Nissan Leaf, is too expensive for the local market.... Read More »

Volvo sales rise 9% in January on U.S., China demand

Feb. 3, 2016 11:25 CET

Volvo sales rose 9 percent in January as deliveries of the automaker's flagship XC90 SUV helped the automaker to achieve double-digit growth in China and the U.S.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Ford of Europe boss outlines plan to be a consistent profit maker

Feb. 2, 2016 06:01 CET

Ford of Europe President Jim Farley wants the division to be a consistent profit contributor to its U.S. parent. To do that, Farley wants the automaker to be selective on the segments where it competes, as he explained to Automotive News Europe.... Read More »

2016 GENEVA AUTO SHOW

Skoda set to take on Hyundai and Kia in large SUV segment

Feb. 2, 2016 10:12 CET

Skoda signaled it will expand its SUV offerings with a new model that will rival vehicles such as the Hyundai Santa Fe and Kia Sorento. VW Group's Czech brand released sketches of the VisionS large SUV concept that will debut at the Geneva auto show.... Read More »

 
Newsletters & Alerts
  • Sample
  • Sample
  • Sample
  • Sample