WAP ANE Breaking

Trump blasts German automakers' U.S. sales and threatens barriers

May 26, 2017 11:37 CET

President Trump criticized German automakers for selling too many vehicles in the U.S. in a meeting with EU officials, Der Spiegel said. "We're going to stop that," he was quoted as saying by the magazine.... Read More »

GSR nears $1 billion deal for Nissan battery venture, report says

May 26, 2017 13:32 CET

GSR Capital, a Chinese private equity firm, is nearing a deal to acquire control of a Nissan's rechargeable battery unit for about $1 billion, Bloomberg reported. The venture makes the lithium ion cells for the automaker's Leaf electric car.... Read More »

EVs seen as cheaper than gasoline models within a decade

May 26, 2017 12:12 CET

Electric cars will soon be cheaper to buy than conventional gasoline ones, new research shows. Batteries currently account for about half the cost of EVs, and their prices will fall by about 77 percent between 2016 and 2030, a Bloomberg study says.... Read More »

VW faces emissions-cheating damages claim in Italy

May 26, 2017 10:09 CET

An Italian court will hear a class action suit for damages against VW Group over its diesel-emissions cheating. The suit was filed on behalf of consumers from all of the group's affected brands, including Audi, Skoda, Seat and the core VW unit.... Read More »

Ford's new Europe boss says region is 'in good shape'

May 26, 2017 10:36 CET

Ford of Europe's new president, Steven Armstrong, believes the automaker is in great shape and has the right products for the region after undergoing major restructuring. The automaker posted a record $1.2 billion pre-tax profit in Europe last year.... Read More »

BMW 8-series concept stakes claim for luxury leadership

May 25, 2017 16:40 CET

BMW say its new 8-series flagship will raise the benchmark for luxury coupes. The automaker unveiled a concept for the car, which will rival the Mercedes S-class coupe and convertible models.... Read More »

Renault sees wireless charging as answer to EV range anxiety

May 25, 2017 06:01 CET

As automakers and governments work to add more charging stations to ease electric vehicle range anxiety, Renault is touting dynamic wireless charging as a technology that could eliminate that fear. Renault has partnered with Qualcomm and French research consortium Vedecom to develop the technology.... Read More »

Bosnian activists fail to secure seats on Grammer board

May 25, 2017 09:46 CET

Bosnia's Hastor family failed in a bid to get three representatives onto the supervisory board of German supplier Grammer at the annual shareholder meeting.... Read More »

Late Easter pulls down UK production by 18%

May 25, 2017 09:29 CET

UK car production fell 18 percent in April as the number of manufacturing days in the month was reduced by a later Easter break.... Read More »

EU probes aid for Jaguar Land Rover's Slovak factory

May 24, 2017 13:13 CET

EU regulators are investigating the legality of Slovakia's plan to grant $139.7 million to Jaguar Land Rover to support a new plant in the country. The facility, which will build up to 300,000 cars annually, is due to open next year.... Read More »

Aston Martin swings to profit, boosted by DB11 flagship

May 24, 2017 18:20 CET

Aston Martin reported its first quarterly profit in a decade, as the automaker benefits from cost cuts and demand for its new DB11 sports car.... Read More »

German prosecutor investigating Daimler is in touch with U.S. authorities

May 24, 2017 14:03 CET

German authorities involved in raiding Daimler's offices as part of a probe into diesel pollution are talking to U.S. authorities, prosecutors said.... Read More »

VW's Mueller says culture change could take years

May 23, 2017 09:33 CET

VW Group CEO Matthias Mueller said some managers are resisting the automaker's push for a new era of accountability after its emissions fraud. "There are definitely people who are longing for the old centralistic leadership," Mueller said.... Read More »

Jaguar Land Rover profit margin improves

May 23, 2017 14:56 CET

Jaguar Land Rover's profit margin widened to 14.5 percent in its latest quarter on strong demand for SUVs in major markets including China and the U.S.... Read More »

VW faces big fines in France for emissions cheat

May 23, 2017 13:11 CET

VW Group made nearly $26 billion in sale proceeds on cars sold in the country with illegal defeat devices, France's consumer fraud watchdog believes, according to a French newspaper. The figure could be used by a court to set fines against VW.... Read More »

Daimler, BYD to recapitalize EV joint venture

May 23, 2017 10:09 CET

Daimler and BYD will each invest 500 million yuan ($72.6 million) to shore up their debt-laden EV joint venture in China. The partnership has been unprofitable since 2014, when its sole model, the Denza EV compact sedan, hit the market.... Read More »

Geely will buy stakes in Malaysia's Proton, UK automaker Lotus

May 23, 2017 19:14 CET

Chinese automaker Geely Holding will buy a 49.9 percent stake in struggling Proton from Malaysian conglomerate DRB-Hicom. Geely will also acquire a 51 percent share in UK sports car company Lotus from Proton.... Read More »

Ford's leadership reboot brings focus on Europe

May 23, 2017 11:42 CET

Ford's replacement of CEO Mark Fields with turnaround specialist Jim Hackett has put its European operations under scrutiny, with industry watchers speculating whether the company will exit the region like its rival, GM.... Read More »

VW electric-car venture approved by Chinese regulator

May 22, 2017 13:29 CET

Volkswagen and JAC have received approval from Chinese regulators to form a joint venture to build 100,000 EVs annually.... Read More »

VW's soccer sponsorship under threat

May 22, 2017 14:12 CET

Volkswagen's expensively assembled soccer team, VfL Wolfsburg, faces relegation from Germany's Bundesliga for the first time in 20 years, a move that could lead the automaker to reduce sponsorship as it grapples with its emissions crisis.... Read More »

Daimler starts work on Europe's biggest battery factory in challenge to Tesla

May 22, 2017 10:07 CET

Daimler broke ground on plant in Germany that will assemble lithium ion energy-storage units. The factory marks the arrival of battery-making gigafactories in Europe that will challenge Tesla.... Read More »

BMW aims to be electrification, connectivity leader

May 20, 2017 06:01 CET

BMW will focus on leadership in electric drivetrains and connectivity rather than increasing vehicle sales, CEO Harald Krueger said.... Read More »

Audi reaches agreement resolving dispute with dealers in China

May 20, 2017 14:51 CET

Audi and its dealers in China have reached an agreement on how cars produced with SAIC Motor will be sold in the country. Audi's local sales plunged following a dispute with dealers.... Read More »

German supplier Grammer faces watchdog probe amid power struggle

May 19, 2017 12:55 CET

Germany's financial watchdog will launch an investigation into market manipulation allegations against Grammer. The supplier is locked in a power struggle with Bosnia's Hastor family, which last year brought VW production lines to a halt in a dispute with the automaker.... Read More »

BMW to boost China production capacity

May 19, 2017 09:13 CET

BMW said its annual production capacity in China will reach 450,000 vehicles once an investment plan to upgrade its local factories is completed. The figure is nearly 150,000 more than last year.... Read More »

 
Lotus can thrive under Geely

Nick Gibbs
5:47 am U.S. ET | May 24 2017

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Geely's decision to take a majority stake in Lotus is great news for the unprofitable UK sports-car maker because the Chinese company has had great success in reviving... ...
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How Renault plans to keep the Captur ahead of rivals

Peter Sigal
12:01 am U.S. ET | May 19 2017

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Renault hopes to keep the Captur as Europe's top-selling subcompact SUV by giving it an upgraded int ...
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After attracting top suppliers, Macedonia eyes bigger prize

Douglas A. Bolduc
12:01 am U.S. ET | May 10 2017

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Macedonia has spent the last decade establishing itself as open for business to global automotive suppliers such as Delphi, Adient and Lear, but is it ready to become home to. ...
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Why VW brand's plunging revenue is good news

Christiaan Hetzner
7:14 am U.S. ET | May 3 2017

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One aspect of VW Group's first-quarter report is the plunge in revenue at its core brand. ...
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VW has no compelling reason to sell Ducati


4:33 am U.S. ET | May 2 2017

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Volkswagen's 747-million-euro acquisition of Ducati might not have been based on any industrial logi ...
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China's bigger families are good news for minivan sales

Luca Ciferri
12:01 am U.S. ET | April 28 2017

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China's scrapping of its one-child per family policy has created an unexpected increase in minivan s ...
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Volvo exec says risk factor for XC60 exceeds XC90

Douglas A. Bolduc
5:09 am U.S. ET | April 27 2017

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Volvo's r&d boss says the new XC60 is even more of a high-risk model than the second-generation XC90 ...
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Germany's auto industry welcomes prospect of Macron presidency in France

Christiaan Hetzner
8:34 am U.S. ET | April 24 2017

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Sunday's election outcome in France, in which a moderate Europhile investment banker won the first r ...
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China lands Chevy Volt in a Buick wrapper

Jay Ramey
8:14 am U.S. ET | April 20 2017 UPDATED: 4/20/17 2:27 pm ET - adds details

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Buick offers far more models in China than it does in the U.S. ...
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Tavares' tall task for PSA and Opel: brand management

Luca Ciferri
12:01 am U.S. ET | April 7 2017

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The buzz at last month's Geneva auto show was what would PSA CEO Carlos Tavares do to streamline his enlarged stable of brands, given that Citroen, Peugeot and new addition... ...
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Newsletters & Alerts
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European sales fall 7% on VW, British slump
Passenger car registrations fell 7 percent in Europe in April on fewer selling days and a big slump ...
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VW, Kia, Renault benefit as Russia sales rise 7%
New-car sales in Russia rose 7 percent last month as the market's rebound gathered momentum after fo ...
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Spanish sales rise on Easter tourism boost
New-car registrations in Spain rose 1.1 percent in April, boosted by holiday rental sales. VW's Seat ...
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Premium brands gain ground as UK sales plunge 20%
UK new-car registrations slumped 20 percent in April, the biggest year-on-year drop for over six yea ...
 Read More ›
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German sales fall 8% as diesel share declines
German new-car registrations fell 8 percent in April as buyers turned away from diesel cars and fewe ...
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Renault, Skoda and Citroen among winners as Italy sales fall 5%
New-car registrations in Italy fell 4.6 percent last month with most major automakers losing volume ...
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Renault, PSA suffer as French sales decline 6%
French registrations fell 6 percent in April on two fewer selling days. ...
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FCA, Ford and Renault gain share as European sales rise 11%
European sales rose 11 percent in March as automakers took advantage of a solid economy and more sel ...
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VW brand sales rose 2.5% in March but are down for first quarter
Volkswagen brand's global sales rose 2.5 percent in March but slid 1. ...
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Lada, Kia and Renault see big gains as Russia sales rise nearly 10%
New-car sales in Russia rose 9.4 percent last month as the market's rebound begins to gain momentum. ...
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Europe's compact minivan sales forecast to see steady decline
Europe's compact minivan segment is forecast to continually decline until 2020 because of rising dem ...
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Europe's small SUV sales forecast to top 2 million next year
Europe's small SUV/crossover segment is forecast to continue its rapid growth as models from latecom ...
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New mild hybrid tech will shake up green car sales
Mild hybrid cars with cheaper and less complex technology than plug-in and full hybrids will reduce ...
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SUV sales rise to 25% of European market
SUVs and crossovers accounted for a quarter of all European passenger vehicle sales last year as mod ...
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VW Golf, other volume compacts lose share to premium rivals, SUVs
The VW Golf and Ford Focus compacts are being squeezed as premium competitors such as the Mercedes A ...
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Europe's large premium SUV segment heads for record year
Europe's large premium SUV segment is on track for a record year, helped by rising sales of models s ...
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Audi, Mercedes push key segment toward milestone
Audi, BMW and Mercedes-Benz are largely responsible for the growing success of the compact premium s ...
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Renault names new boss for India, Africa and Middle East
Renault named Fabrice Cambolive as head of the automaker's operations in Africa, the Middle East and ...
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Ford appoints Armstrong head of Europe operations
Ford named company veteran Steven Armstrong as head of its European operations. ...
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Toyota hires key U.S. marketing exec from VW
Toyota has named Volkswagen of America marketing executive Vinay Shahani its vice president of integ ...
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VW brand recruits Hyundai's Sengpiehl as global marketing chief
Volkswagen Group has recruited Hyundai's Jochen Sengpiehl to be global marketing director for its co ...
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BMW adds 2 execs to North American leadership
BMW's new North America chief has appointed two lieutenants to help him as he works to revive the au ...
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VW names U.S. compliance officer after diesel scandal
Volkswagen's U.S. unit named a KPMG director, Stephanie Davis, as its chief compliance officer after the automaker was sentenced in April in its diesel-emissions scandal. ...
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Continental names new head of China operations
Continental appointed Enno Tang, who runs the German supplier's chassis and safety business in China ...
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BMW i subbrand exec to join energy group Innogy
German energy group Innogy has recruited Stefan von Dobschuetz, a key executive from BMW Group's i s ...
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Mini USA appoints new heads of sales and marketing
Mini USA has appointed new heads of both sales and marketing. ...
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VW names new communications, logistics chiefs for North America
Volkswagen Group of America has promoted two executives to top positions running the company's commu ...
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Softer Land Rover Discovery keeps its go-anywhere skills
Land Rover is determined to demonstrate that even though the fifth generation of the Discovery has b ...
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Honda counts on new Civic for boost in Europe
Honda's latest Civic benefited from the largest development program for a single model in the compan ...
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Mercedes makes E-class coupe more practical
Mercedes is repositioning its E-class coupe to offer more room and more functionality, promoting the ...
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Kia gives Rio better tech to challenge European rivals
Kia has added driver assistance systems not typical in small cars as well as upgraded connectivity i ...
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Mini maxes out with Countryman
The Mini Countryman has grown to become the BMW subsidiary's biggest model to date and now competes ...
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Nissan plots Micra's return to Europe's top 10
Nissan wants to re-establish the Micra subcompact as one of the 10 top-sellers in Europe's biggest a ...
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Hyundai gives i30 a tech boost
The Hyundai i30's success has been important in boosting the brand's European growth in the past 10 ...
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Toyota gets quirky with C-HR to 'turn heads'
Toyota is a latecomer to Europe's crossover segment with the new C-HR. ...
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Better-connected 5 series gets tech from BMW flagship
BMW has made its 5 series lighter, more economical and fully connected with advanced technology firs ...
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Smart improves ForTwo, ForFour EV variants with Renault tech
Smart has improved its EV technology for the battery-powered versions of its ForTwo and ForFour with ...
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Suppliers to the new Renault Megane
Assembly of the fourth-generation Renault Megane began in November 2015 at the French automaker's fa ...
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Suppliers to the new Infiniti Q30
Assembly of the all-new Infiniti Q30 began on Daimler's MFA platform in December 2015 at the Nissan' ...
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Suppliers to the new Mercedes C-class Coupe
Assembly of the second-generation Mercedes-Benz C-class Coupe began in Bremen, Germany, in October 2 ...
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Suppliers to the new Opel/Vauxhall Astra
Assembly of the latest Opel/Vauxhall Astra began in Gliwice, Poland, in August 2015 and then in Elle ...
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