WAP ANE Breaking

Daimler plans Mercedes engine factory in Poland

May 4, 2016 10:30 CET

Daimler said it plans to invest about 500 million euros ($575 million) in a new engine factory in Poland to broaden its production footprint outside its German home market.... Read More »

Continental expects no major hit from carmakers' price cuts

May 4, 2016 12:01 CET

Continental is bracing for tough talks with Volkswagen and other carmakers over prices, though it does not expect to take a major hit on its results, finance chief Wolfgang Schaefer said.... Read More »

Volvo swings to profit in first quarter

May 4, 2016 07:50 CET

Volvo swung to a profit in the first quarter as its new XC90 helped to drive growth. Operating earnings rose to $392 million from a year-ago loss.... Read More »

Volvo sales rise 11% in April as U.S., Europe growth offsets China slowdown

May 3, 2016 21:33 CET

Volvo's vehicle sales grew 11.3 percent in April as gains in the U.S. and Europe offset lower demand in China.... Read More »

Renault pressed by French gov't to cut Ghosn's pay after investor revolt

May 3, 2016 17:38 CET

France will maintain pressure on Renault to rein in Carlos Ghosn's pay, Economy Minister Emmanuel Macron said, after shareholders voted against the CEO's $8.3 million payout for 2015.... Read More »

BMW i brand sales fall 23% as key execs join Chinese EV startup

May 3, 2016 16:18 CET

BMW's i subbrand of electric and plug-in hybrid cars saw sales plunge in the first quarter while it also suffered the defections of key executives to a Chinese startup.... Read More »

BMW Q1 profit falls nearly 3% on currency, development spending

May 3, 2016 08:36 CET

BMW's first-quarter operating profit slid nearly 3 percent due to currency headwinds and higher investment in new technologies such as self-driving cars.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Audi will invest heavily in technology despite emissions scandal costs, development boss Knirsch says

May 3, 2016 06:01 CET

Audi will not stop or delay investing in future technology despite being hit by parent VW Group's emissions-cheating scandal, the brand's new development chief Stefan Knirsch said. Knirsch shared his views on the future of diesels, e-motors and autonomous cars with Automotive News Europe.... Read More »

FCA's Marchionne adds Ferrari CEO title

May 2, 2016 10:36 CET

Ferrari appointed Sergio Marchionne as CEO in a move that will accelerate the brand's expansion into non-auto luxury goods.... Read More »

Ferrari raises forecast after Q1 profit jumps 19%

May 2, 2016 16:41 CET

Ferrari said its net profit rose 19 percent to 78 million euros ($90 million) in the first quarter, its first as an independent company.... Read More »

VW could face worker protests if wage talks delayed, union warns

May 2, 2016 16:38 CET

Volkswagen was warned by Germany's biggest trade union that it could face protests from workers if it sought to delay talks about wage rises for 120,000 staff who work for the carmaker in western Germany.... Read More »

U.S. threatens to block easing of EU car exports in trade talks, reports say

May 2, 2016 10:43 CET

The U.S. is threatening to prevent the easing of export controls on European cars in talks on the Transatlantic Trade and Investment Partnership free trade deal, German media reported.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

How PSA plans to become industry's 'most efficient' carmaker

May 1, 2016 06:01 CET

PSA Group CEO Carlos Tavares has named his latest strategy Push to Pass. The racing term seems appropriate as Tavares seeks to pass rivals to become the world's most efficient automaker.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Mini boss sees risks & rewards from further expanding brand

April 30, 2016 06:01 CET

Mini sales reached a record last year, but now the question is whether the BMW Group subsidiary can push volume even higher and what models it needs in its "superheroes" lineup to help achieve this? Peter Schwarzenbauer, the brand's chief, discussed this and other topics with Automotive News Europe.... Read More »

Fiat Chrysler and Google owner Alphabet near self-driving cars deal, reports say

April 29, 2016 08:44 CET

Fiat Chrysler and Google owner Alphabet are close to a deal on a technology partnership for self-driving cars, multiple reports said.... Read More »

Renault defends Ghosn's $8 million pay amid shareholder revolt

April 29, 2016 18:27 CET

Renault's board stuck by its decision to pay Carlos Ghosn $8.2 million for 2015 in defiance of a non-binding shareholder vote against the CEO's package.... Read More »

COMMENTARY

VW offers a look inside the diesel scandal — and it is not pretty

April 29, 2016 11:24 CET

Buried in VW's 400-page annual report are crucial details on the diesel-emissions scandal that investors can't afford to ignore. They show that the automaker failed to understand the costs of the scandal when it broke in September and it still can't guarantee the estimate now, many months later.... Read More »

Autoliv sees annual sales growth of 7% after robust Q1 earnings

April 29, 2016 12:43 CET

Autoliv, continuing to generate new business in the wake of the Takata airbag recall crisis, reported a bigger than expected rise in first-quarter earnings and raised its forecast for like-for-like sales this year while affirming its margin outlook.... Read More »

French probe highlights gap between real-world and lab test emissions

April 29, 2016 10:47 CET

French officials found that some cars they tested had higher CO2 and NOx emissions on the road than in laboratory tests but discovered no "cheat" devices.... Read More »

Continental raises margin target after Q1 profit gain

April 29, 2016 10:19 CET

Continental raised its profit margin target for this year after stronger demand for tires and industrial components pushed first-quarter profit and sales higher.... Read More »

VW CEO eyes solid 2016 growth despite crisis

April 28, 2016 13:00 CET

VW Group has a chance to post solid growth in its operating business this year even as it grapples with its emissions-cheating scandal and a strategic repositioning, CEO Matthias Mueller said. Cost reductions are "in full swing" at individual brands and across the group, he added.... Read More »

Bosch set aside 650 million euros for legal costs in '15

April 28, 2016 11:20 CET

Bosch set aside 650 million euros in 2015 for potential legal costs, including for an investigation into the company's role in VW Group's emissions scandal. Bosch makes an engine management program used by automakers including VW.... Read More »

VW to pay top execs $72 million for 2015

April 28, 2016 10:14 CET

VW Group said it plans to pay the 12 current and former members of its management board $71.8 million for 2015, a year when Europe's largest carmaker posted a record loss due to legal and compensation costs for cheating on emissions tests.... Read More »

VW eyes new partners; not talking with Google, Apple

April 28, 2016 10:47 CET

VW will open itself up to more partnerships and strategic investments to help generate a "substantial proportion" of its revenue from new business models, CEO Matthias Mueller said. Discussions are already at an "advanced stage," but Google and Apple are not among tech companies VW is in discussions with, he said.... Read More »

VW will strengthen cooperation with Qatar, CEO says

April 28, 2016 12:10 CET

VW Group will strengthen it cooperation with Qatar, the automaker's third-largest shareholder, CEO Matthias Mueller said, as Europe's biggest carmaker struggles to overcome its emissions-cheating scandal and reposition its business.... Read More »

 
Why a PSA-FCA merger should happen - but won't


12:01 am U.S. ET | May 4 2016

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Fiat Chrysler has been actively seeking a merger partner since September 2014 and a possible combina ...
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Lightweighting push puts pressure on leather

Nick Gibbs
12:01 am U.S. ET | April 29 2016

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Automakers' growing desire to cut weight from cars wherever they can is significantly boosting sales of an upmarket leather alternative, says the boss of the company that... ...
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VW's other headache: workers' demand for a 5% pay hike

Christiaan Hetzner
4:06 am U.S. ET | April 20 2016

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Volkswagen has enough money to cover the costs of its emissions-rigging scandal. ...
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VW's tone-deaf management


8:56 am U.S. ET | April 13 2016

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In view of Volkswagen's emissions-rigging scandal, it's amazingly tone-deaf and irresponsible that t ...
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Google and Apple can be good for industry, Renault-Nissan connectivity chief says

Bruce Gain
12:01 am U.S. ET | April 13 2016

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Are Google and Apple enablers or disruptors? A little of both, says Ogi Redzic, Renault-Nissan's head of connected vehicles and mobility services. ...
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Will the Mercedes pickup truck be called X class?

Jay Ramey
12:01 am U.S. ET | April 8 2016

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Mercedes will preview its upcoming pickup truck at the Paris auto show this autumn, according to a m ...
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Bo Andersson shares lessons learned at Lada

Nick Gibbs
12:01 am U.S. ET | April 7 2016

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Bo Andersson, the departing CEO of Lada maker AvtoVAZ, used his farewell email to say he was “ ...
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Is CNG the future? Yes, but…

Luca Ciferri
12:01 am U.S. ET | April 6 2016

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Rinaldo Rinolfi, one of the fathers of the common-rail diesel, and a true powertrain guru, is someon ...
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PSA demonstrates realistic way of measuring fuel economy

Nick Gibbs
12:01 am U.S. ET | April 2 2016

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PSA says it aims to win back trust from consumers in the wake of VW's emissions-cheating scandal by ...
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VW's Seat profit is actually a loss

Christiaan Hetzner
5:29 am U.S. ET | March 23 2016

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When is making a profit actually a loss? When you're the accountant at VW Group's underperforming Se ...
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Newsletters & Alerts
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German car sales rose 8% in April, adding to France, Italy, Spain gains
German new-car registrations rose 8 percent in April, joining robust growth in France, Italy and Spa ...
 Read More ›
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French car sales rise nearly 7% in April
French new-car sales rose nearly 7 percent in April, boosted by strong gains at foreign automakers i ...
 Read More ›
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European car sales rise 6% in March but VW brand dips
European new-car sales rose nearly 6 percent last month despite a fall in sales for Volkswagen's cor ...
 Read More ›
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Russia's March car sales drop 10% as decline slows
New-car sales in Russia fell 10 percent in March, the smallest decline in 15 months, causing a leadi ...
 Read More ›
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Western Europe car sales rise 5% in March
Western European car sales rose 5.2 percent in March on strong growth in the UK, France and Italy. F ...
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VW brand trails rivals as Europe sales rise 14% in February
European new-car sales rose 14 percent in February, but Volkswagen lost market share for the sixth m ...
 Read More ›
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Nissan Qashqai, Audi Q3 lead continued sales surge for SUVs in Europe
Sales of SUVs and crossovers surged 22 percent in Europe last year, outpacing the overall market's 8 ...
 Read More ›
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Western Europe car sales rose 14% in February
Western European car sales rose 14 percent in February as key regional markets reported double-digit ...
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European car sales rise 6% in January but VW share hit by diesel scandal
European car sales rose 6.3 percent last month, although Volkswagen, the region's No. ...
 Read More ›
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Why French and Germans still believe in the compact minivan sector
Compact minivan sales remain valuable to French and German automakers even though more brands are qu ...
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PSA's marketing revamp will be headed by Renault veteran
PSA Group's new head of sales and marketing, Stephen Norman, will lead an overhaul of the automaker' ...
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Porsche development chief Hatz to leave company
Porsche said its development chief, Wolfgang Hatz, has left the company amid parent VW Group's emiss ...
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BMW promotes Petter Witt to N.A. vice president of operations
BMW has rewarded a regional manager who “fully embraced” the automaker's efforts to create its Future Retail dealership standards. ...
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IAC promotes two execs to head N.A., Europe operations
International Automotive Components named Maurice Sessel and Kelli Carney to run its North American and European operations, respectively. ...
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Mini appoints new head of Americas
David Duncan, head of Mini of the Americas, will take on a new role as head of BMW Group's corporate and special sales. ...
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Renault names new finance chief as Thormann retires due to poor health
Renault finance director Dominique Thormann is retiring for health reasons. He will be succeeded by Clotilde Delbos, currently a senior vice president at the automaker. ...
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Renault picks company veteran to head Dacia
Renault named veteran executive Yves Caracatzanis as head of its Dacia low-cost brand in Romania. ...
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PSA promotes Italy chief to run Changan JV in China
PSA/Peugeot-Citroen named veteran manager Olivier Mornet as president of its Chongqing Changan Auto ...
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GM appoints veteran Brazilian executive as Europe engineering chief
GM named Brazilian national William Bertagni as head of its European vehicle engineering unit. Berta ...
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Porsche turbocharges new Boxster
Porsche is repositioning its latest Boxster with a new name, a higher price tag, and a new four-cyli ...
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Toyota counts on big boost from greener, zippier Prius
Toyota expects to solidify its position as the region's leader in hybrid sales with the new Prius, w ...
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High-tech E class pushes Mercedes ahead of rivals
Mercedes-Benz makes a big leap toward self-driving cars with the new E class, which debuts a hands-f ...
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Kia renews Sportage but drops the price
Kia has reduced the price of its new Sportage in the key German market even though the SUV is roomie ...
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Audi focuses on battery to make Q7 e-tron stand out from plug-in rivals
Audi expects its Q7 e-tron plug-in hybrid to stand out from a fast-growing list of competitors that ...
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Subaru wants Levorg to help brand forget losing Legacy
Subaru expects its new Levorg station wagon to have success in Europe that eluded the vehicle it rep ...
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SsangYong adds diesel, awd to Tivoli SUV
SsangYong hopes the addition of a diesel engine will boost sales of its Tivoli in Europe's booming s ...
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Range Rover Evoque convertible is not a 'niche too far'
Land Rover says its Range Rover Evoque created a new niche for sporty premium compact SUVs when the ...
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Hyundai Tucson gets big boost from Europe's SUV boom
Hyundai expects the Tucson to change perceptions of the brand in Europe, thanks to its bolder design ...
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Product launches follow a faster cadence
New model launches are getting faster, more frequent and less certain. They also might be a lot fart ...
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Suppliers to the new Skoda Superb
Assembly of the third-generation Skoda Superb began in April 2015 at Skoda's factory in Kvasiny, Cze ...
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Suppliers to the new Ford S-Max
Assembly of the second-generation Ford S-Max began in May 2015 at Ford's factory in Valencia, Spain. ...
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Suppliers to the new Mercedes GLC
Production of the first-generation Mercedes-Benz GLC began in June 2015 at parent Daimler's factory ...
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Suppliers to the new Jaguar XF
Assembly of the second-generation Jaguar XF began in June 2015 at Jaguar Land Rover's factory in Cas ...
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Suppliers to the new Audi Q7
Assembly of the second-generation Audi Q7 began in February 2015 at the German automaker's factory i ...
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