WAP ANE Breaking

Jaguar Land Rover forced to accept Range Rover Evoque lookalike from China's Jiangling

April 20, 2015 13:31 CET

Jaguar Land Rover will not take action against Jiangling Motors over the Chinese automaker's Landwind X7, which the UK automaker says closely resembles the Range Rover Evoque SUV.... Read More »

Mahindra will present bid for Pininfarina by April 29, report says

April 20, 2015 14:48 CET

India's Mahindra & Mahindra aims to present a formal offer for the car designer Pininfarina in time for the Italian company's shareholder meeting on April 29, a report said.... Read More »

BMW cutting production, prices in China as market slows

April 20, 2015 14:28 CET

BMW has reduced the prices of some of its vehicles in China and will cut local production in the country to ensure that dealers are not overstocked as luxury demand in the world's largest auto market slows.... Read More »

PSA plans joint small-car platform with Dongfeng

April 20, 2015 06:01 CET

PSA will focus on two core platforms for its volume models including a small-car architecture that it will jointly develop with China's Dongfeng. PSA aims to reduce the number of its passenger-car platforms to two by 2022 from five now.... Read More »

Piech's grip on VW weakened by row with CEO

April 19, 2015 18:12 CET

Volkswagen Chairman Ferdinand Piech's iron grip on the automaker has been severely weakened after a confrontation with senior board members over the future of CEO Martin Winterkorn. The dispute could cost Piech his job as key power players at the automaker move to oust him, a German newspaper reported.... Read More »

Volkswagen mulls budget SUVs, minivans for China

April 19, 2015 11:13 CET

Volkswagen is exploring the possibility of developing budget SUVs and minivans in China to keep up with shifts in the market, its China chief executive, Jochem Heizmann, said. VW is considering a product family of low-cost models, he said.... Read More »

2015 SHANGHAI AUTO SHOW

Audi aims Q7, A6L plug-in hybrids at Chinese buyers

April 18, 2015 06:01 CET

Audi will aim plug-in hybrid versions of the Q7 SUV and long-wheelbase A6 at Chinese customers as the company seeks to maintain its sales lead over rivals BMW and Mercedes in the world's largest vehicle market.... Read More »

BMW says new 7 series can park itself

April 18, 2015 00:15 CET

BMW says the new 7-series flagship sedan will be the world's first series-production car that can be parked without anyone at the wheel. The remote control parking feature will help make the car the most technologically advanced model in its class, r&d boss Klaus Froehlich said.... Read More »

Lotus plans to build cars in China

April 17, 2015 16:24 CET

Lotus plans to build cars and engines in China in a joint venture, DRB-Hicom, the UK sports car maker's Malaysian parent company, said. The venture will involve an investment of $1.6 billion over 15 years.... Read More »

Oman will use Italian expertise to help build auto industry

April 17, 2015 06:01 CET

The Oman government has bought into an Italian supplier as part of its goal to develop car production in the oil-rich Middle Eastern state. The state-owned Oman Investment Fund last month bought a 40 percent stake in Italian thermoplastic parts supplier Sigit.... Read More »

VW Group sales rise 2% on Europe, China demand

April 17, 2015 12:25 CET

VW said group sales rose 2.3 percent in March to 968,300 vehicles, as gains in Western Europe and China helped offset declines in the U.S. and South America. The result extended first-quarter deliveries to a total of 2.49 million vehicles, a rise of 1.8 percent.... Read More »

Renault wants France to back down on voting rights rise

April 17, 2015 11:07 CET

Renault urged France, its largest-single shareholder, to back down from plans to increase its voting weight in the automaker, warning that the balance of power within its alliance with Nissan was at risk. The Japanese automaker holds a non-voting 15 percent stake in Renault.... Read More »

Mahindra nears deal to buy Pininfarina, sources say

April 16, 2015 14:10 CET

Mahindra & Mahindra, India's largest maker of SUVs, is in the final stages of negotiations to buy Italian design and engineering firm Pininfarina, according to people familiar with the matter, who said a deal could be reached as early as next week.... Read More »

FCA has no plans to list other brands after Ferrari

April 16, 2015 13:44 CET

Fiat Chrysler Automobiles has no plans to list any other brand from its portfolio besides luxury unit Ferrari, FCA CEO Sergio Marchionne told a shareholder meeting.... Read More »

VW, Metzler terminate talks to sell LeasePlan

April 16, 2015 18:56 CET

VW Group and private German bank Metzler have terminated talks to sell LeasePlan, a Dutch fleet-management company with 1.42 million vehicles spread across 32 countries. The deal was valued at about 3 billion euros, people familiar with the situation said.... Read More »

Grupo Antolin to buy Magna unit for $525 million

April 16, 2015 15:17 CET

Spain's Grupo Antolin has reached an agreement to purchase Magna International's interiors unit for about $525 million, creating what Antolin estimates will be the world's third-largest player in the consolidating sector.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

BorgWarner CEO welcomes electrification of the powertrain

April 16, 2015 06:15 CET

BorgWarner sees the electrification of the powertrain as a positive for the supplier despite its heavy reliance on sales of parts that EVs don't need, such as turbochargers and glow plugs, James Verrier, the company's CEO, explained to Automotive News Europe.... Read More »

Faurecia sales boosted by European car demand, weaker euro

April 15, 2015 18:46 CET

Faurecia said its first-quarter sales rose 14 percent, helped by currency tailwinds and a recovery in European vehicle demand.... Read More »

CO2 emissions from new cars in EU fell 2.6% in 2014, study says

April 15, 2015 16:29 CET

Average CO2 emissions from new cars sold in the EU fell 2.6 percent to to 123.4g/km last year, beating goals set for 2015 as part of efforts to slow climate change, the European Environment Agency said.... Read More »

PSA's upscale DS brand will join booming SUV/crossover segment

April 15, 2015 11:40 CET

PSA/Peugeot-Citroen's upscale DS brand plans to launch a subcompact SUV/crossover that will rival models such as the Renault Captur and Mini Countryman.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Crossovers to boost awd suppliers for rest of the decade

April 15, 2015 06:15 CET

Booming demand for SUVs and crossovers in Europe and China will keep benefiting suppliers of all-wheel-drive technology such as GKN Driveline, BorgWarner and JTEKT for the rest of the decade.... Read More »

BMW sales rise 5% in March on minivan, 4-series demand

April 14, 2015 11:35 CET

BMW said sales of its core luxury brand rose 5.1 percent in March to a record 195,593 cars, thanks to strong demand for the 2-series Active Tourer minivan and 4-series coupe.... Read More »

VW brand sales fall nearly 1% in March on weak Russia, Brazil

April 14, 2015 12:46 CET

Volkswagen Group said sales of its core VW brand fell 0.9 percent last month. "Demanding" conditions in South America, especially Brazil, along with the Russian market slump, impacted deliveries, according to sales and marketing chief, Christian Klingler.... Read More »

2015 SHANGHAI AUTO SHOW

China's Qoros says subcompact SUV has German-inspired design

April 14, 2015 10:29 CET

Chinese carmaker Qoros said its Qoros 2 concept has a "German-inspired" design. The concept for a subcompact SUV is set to become the brand's fourth model. It was created by Qoros design teams in Munich and Shanghai.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Renault Kadjar, VW Tiguan will help drive compact SUV sales past 2 million

April 14, 2015 06:15 CET

Rivalry in Europe's compact SUV/crossover segment will intensify as more brands compete with refreshed models or all-new entries such as the Renault Kadjar. By 2020 sales in the segment are forecast to double to more than 2 million.... Read More »

 
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