WAP ANE Breaking

Mercedes-AMG to add entry line to help double sales

Nov. 27, 2014 12:28 CET
Daimler performance subbrand Mercedes-AMG aims to double sales in the next three years by offering a less expensive product line -- AMG Sport -- to narrow the price gap with Mercedes cars.... Read More »

 

Opel is succeeding in restoring poor image, exec says

Nov. 27, 2014 06:01 CET
Opel is succeeding in turning around its tattered image in Germany, the brand's marketing chief Tina Mueller said.... Read More »

 

Audi makes Q3 greener to keep lead over BMW X1

Nov. 27, 2014 11:34 CET
The Audi Q3 will get more efficient powertrains with technology such as the crossover's first use of fuel-saving cylinder deactivation as part of its mid-cycle refresh. Audi starts European sales of the revised Q3 in February.... Read More »

 

CLA wagon joins Mercedes' hot-selling compact family

Nov. 26, 2014 09:54 CET
Mercedes has released details on its new CLA Shooting Brake, the latest model to join the automaker's fast-growing, hot-selling compact lineup. Mercedes says that compacts accounted for nearly a third of its global sales through October.... Read More »

 

BMW, Audi lead shift from mass-market to luxury car output in Mexico

Nov. 25, 2014 11:40 CET
Mexico's relationship with German car production began nearly 50 years ago with output of VW's mass-market Beetle. Now it's becoming a place where luxury BMW, Audi and Mercedes cars roll out of billion-dollar factories.... Read More »

 

Opel unions upset over output plans for Karl, Corsa, report says

Nov. 25, 2014 06:15 CET
Opel faces labor unrest in Germany over production plans for the Corsa and Karl small cars, a business magazine reported. Workers think the Karl should be made in Germany rather than Korea and fear future Corsa output will be cut from Germany.... Read More »

 

PSA launches 4th Chinese-built SUV

Nov. 25, 2014 10:48 CET
PSA has launched its fourth Chinese-built SUV, the Citroen C3-XR, in the world's biggest auto market. PSA's other locally produced SUVs are the Peugeot 2008, Peugeot 3008 and DS6.... Read More »

 

BMW, Mercedes gain in once-impregnable Korea

Nov. 23, 2014 06:01 CET
South Korea's car imports have leapt from 3 percent of sales a decade ago to 14 percent today as foreign brands led by Germany's BMW and Mercedes take advantage of a free trade deal to grow sales in a once-impregnable market.... Read More »

 

SGL sees rising interest in carbon fiber parts

Nov. 23, 2014 20:25 CET
SGL Group, the materials supplier for carbon fiber reinforced parts in BMW's electric cars, is in talks with Audi, Porsche, GM and other carmakers to supply carbon fiber for a wider range of automotive components, its CEO said.... Read More »

 

VW on track to reach 2018 margin goal, report says

Nov. 23, 2014 20:41 CET
VW Group, which is cutting costs and overhauling its development and production, is on track to reach its goal of a pretax profit of 8 percent of sales by 2018, a German magazine reported.... Read More »

 

Continental mulls German factory closure

Nov. 23, 2014 20:58 CET
Continental is reviewing whether to close its factory in Gifhorn, Germany, which makes electric motors and hydraulic braking systems, because of a lack of customer orders. About 1,600 people work at the plant.... Read More »

 

VW will invest 86 billion euros chasing Toyota

Nov. 21, 2014 12:57 CET
Volkswagen will invest 85.6 billion euros ($106 billion) over the next five years on new vehicles, technology and factories as it tries to pass Toyota and become the world's largest automaker.... Read More »

 

Suzuki plant in Hungary will return to double shifts ahead of Vitara launch, report says

Nov. 21, 2014 06:01 CET
Suzuki will return to two-shift production at its plant in Hungary as it prepares to launch the new Vitara subcompact crossover, a report said.... Read More »

 

BMW may need to boost i8 output to cut waiting time

Nov. 20, 2014 18:26 CET
BMW may have to increase production of its i8 plug-in hybrid supercar to meet high demand. The waiting time of up to 18 months for the 120,000 euro coupe is too long, BMW sales chief Ian Robertson said.... Read More »

 

Alfa Romeo midsize sedan will be unveiled next June

Nov. 20, 2014 10:04 CET
Alfa Romeo's new midsized sedan will be unveiled next June, according to sources. The sedan will be positioned in the market between the BMW 3 series and 5 series, sources said.... Read More »

 

Schaeffler posts 36% jump in Q3 profit on car demand rebound in Europe

Nov. 20, 2014 15:12 CET
Schaeffler said profit rose 36 percent in the third quarter because of recovering car demand in Europe and growth in China. The supplier has lowered debt to 5.77 billion euros from more than 10 billion euros when its bid for Continental backfired.... Read More »

 

GM approves Opel SUV and engine investments in Germany, Poland

Nov. 20, 2014 16:22 CET
GM CEO Mary Barra said Opel will add a flagship SUV to its lineup. The model will launch by the end of the decade. GM will also invest more than 500,000 euros in the production of new engines and transmissions in Germany and Poland.... Read More »

 

Mercedes presents Maybach S class as luxury executive cocoon

Nov. 20, 2014 06:01 CET
Mercedes's new Maybach version of its flagship S class is challenging Bentley and Rolls-Royce for supremacy among customers who enjoy a chauffeured car's back seat.... Read More »

 

UK car production likely to miss full-year target on weak overseas demand

Nov. 20, 2014 12:09 CET
UK car production is unlikely to hit a full-year goal of 1.59 million as demand from key western European markets and Russia continues to fall, the SMMT industry association said.... Read More »

 

PSA plans to cut 3,450 French jobs in 2015, report says

Nov. 19, 2014 17:27 CET
PSA/Peugeot-Citroen is preparing to cut another 3,450 French jobs next year, sources said, as the troubled carmaker pursues a recovery plan under new CEO Carlos Tavares.... Read More »

 

Ford to cut 20% of staff at B-Max plant in Romania

Nov. 19, 2014 15:35 CET
Ford will lay off 20 percent of the workforce at the Romanian plant that builds the B-Max as it adjusts to falling sales of the subcompact minivan.... Read More »

 

LOS ANGELES AUTO SHOW

Bentley unveils potential range-topping convertible to take on Rolls-Royce

Nov. 19, 2014 13:16 CET
The Bentley Grand Convertible concept previews a possible production car to take on the Rolls-Royce Phantom Drophead Coupe. The Grand Convertible would be Bentley's most expensive car, if it is built.... Read More »

 

Europe car sales rebound continues in October

Nov. 18, 2014 08:39 CET
European new-car sales rose 6 percent in October as volume- and premium-brand leaders including VW and BMW recorded strong gains in key markets. Year-to-date deliveries increased by 6 percent to more than 11 million vehicles.... Read More »

 

VW will stop selling Seat cars in Russia next year

Nov. 18, 2014 15:36 CET
Volkswagen's Spanish subsidiary, Seat, will stop selling cars in Russia by early next year because of the country's economic downturn and weakening ruble.... Read More »

 

VW's China growth slows to 10% due to capacity limits

Nov. 18, 2014 17:51 CET
VW's growth in China is expected to slow to 10 percent this year from 16 percent in 2013 due to a conservative strategy that has limited its production capacity, VW China chief Jochem Heizmann said.... Read More »

 

 
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