ANE Email Tuesday

PSA to cut jobs and output at French plant, unions say

Sept. 1, 2014 23:08 CET
PSA will cut 300 jobs as it reduces output at its factory in Sochaux, eastern France, starting in November, trade union officials said.... Read More »

 

BRUCE GAIN

Hollywood glamour, Parisian chic and the Peugeot 308

12:01 am U.S. ET | Aug. 26, 2014
PSA is using the Hollywood film "Lucy" to give its Peugeot 308 a marketing boost in more than 50 markets around the world as the automaker strives to build sales outside Europe.... Read More »

 

Ex-Porsche CEO Wiedeking to be tried for VW share manipulation

Aug. 26, 2014 12:29 CET
A German court revived criminal charges against former Porsche CEO Wendelin Wiedeking and ex-finance chief Holger Haerter involving a failed takeover of Volkswagen, saying prosecutors' findings indicate it "seems quite likely" the company hid its plan.... Read More »

 

Volvo counts on high-cost Sweden for crucial XC90

Aug. 26, 2014 06:01 CET
Volvo is sticking to its Scandinavian roots with its first model since being acquired by Chinese owners four years ago. Rather than chase low wages, Volvo will build the new XC90 SUV in Sweden, where auto workers get about $62 an hour.... Read More »

 

GM, Ford, Toyota and VW among automakers hit by antitrust penalties in India

Aug. 26, 2014 10:21 CET
India's antitrust regulator fined 14 carmakers a combined $420 million for stifling competition in the market for spare parts. Among the companies fined were the local units of GM, Ford, Toyota, VW, Fiat, Nissan, BMW and Mercedes.... Read More »

 

VW Group sales rise 7% in July on Europe, China gains

Aug. 26, 2014 12:22 CET
VW Group sales increased 7 percent in July to 808,500 vehicles as gains in Europe and China outweighed declines in the Americas. Through seven months the automaker's volume is up 6 percent to 5.78 million.... Read More »

 

China's corruption watchdog investigates execs at Volkswagen JV

Aug. 26, 2014 12:51 CET
China's corruption watchdog says it is investigating one former and one current executive at VW Group's Chinese venture, FAW-Volkswagen Automotive, for "seriously violating the law."... Read More »

 

Tata brand plans upscale SUVs with Jaguar Land Rover tech, report says

Aug. 26, 2014 11:41 CET
Tata Motors is developing two upscale SUVs for its Tata brand using technology from Jaguar Land Rover, a Delhi-based business newspaper reported.... Read More »

 

Saab's owner seeks partner to secure brand's future

Aug. 19, 2014 11:15 CET
Saab's owner, National Electric Vehicle Sweden, says it is in discussions with potential partners as it seeks to restart car production and develop future models.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Citroen's clever C4 Cactus

Aug. 19, 2014 06:01 CET
Citroen has found clever ways to make its new C4 Cactus an unconventional and affordable alternative to hatchbacks that dominate Europe's compact segment.... Read More »

 

Volvo CEO on new XC90: 'There is no second chance'

Aug. 18, 2014 15:00 CET
The new XC90 is crucial to Volvo's bid to close the sales gap with German premium rivals BMW, Mercedes and Audi. "There is no second chance," Volvo CEO Hakan Samuelsson said.... Read More »

 

China needs Europe-like open competition, Volvo Chairman says

Aug. 18, 2014 13:46 CET
Volvo Chairman Li Shufu says China should stop trying to hinder competition in the world's largest automaker. "It's best if it's completely open, like in the U.S. and Europe; whoever wants to produce cars can do it," Li said.... Read More »

 

VW brand sales rise on Europe, China gains

Aug. 12, 2014 11:48 CET
VW increased sales at its core passenger-car brand by 4 percent in July as higher deliveries in western Europe and China offset declines in the United States and Brazil. Global sales of VW brand cars and SUVs rose to 491,600 last month.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

BMW invests 55 million euros to boost image in Korea

Aug. 12, 2014 06:01 CET
BMW will open its third global brand experience center later this month in South Korea, which will allow customers to test their driving skills on features including a winding handling circuit and an off-road course.... Read More »

 

German gov't wants e-bikes to replace trucks for local deliveries

Aug. 11, 2014 14:49 CET
Chancellor Angela Merkel's government is looking for ways to encourage electric bikes to replace trucks for local freight shipments in Germany. BMW and Daimler's subsidiary, Smart, already offer e-bikes.... Read More »

 

Jaguar Land Rover helps parent Tata triple Q1 profit

Aug. 12, 2014 01:20 CET
Jaguar Land Rover's surging vehicle sales and rising profit helped parent Tata Motors triple its first-quarter net income. JLR's pre-tax profit more than doubled to 924 million pounds (1.2 billion euros) during the quarter.... Read More »

 

Mercedes' office in China raided by anti-trust regulators

Aug. 5, 2014 11:15 CET
Daimler's Mercedes-Benz unit said it is cooperating with China's anti-monopoly authorities over an investigation into unspecified matters, after local Chinese media said the automaker's Shanghai office had been raided.... Read More »

 

BMW second-quarter profit jumps 26% boosted by record car sales

Aug. 5, 2014 09:02 CET
BMW said its second-quarter operating profit rose 26 percent, as new models, a rebounding Europe and strong China sales boosted earnings.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Volvo r&d boss shares strategy to take lead in self-driving cars

Aug. 5, 2014 06:01 CET
Volvo wants self-driving cars to be a cornerstone of its efforts to produce the safest cars on the road, the automaker's r&d chief Peter Mertens said.... Read More »

 

China business helps Pininfarina to cut its first-half loss

Aug. 4, 2014 13:05 CET
Pininfarina had an operating loss of 4.5 million euros in the first six months, 1.8 million euros less than in the same period last year.... Read More »

 

Daimler will raise its Aston Martin stake to 5% as it deepens ties with UK sports-car maker

Aug. 4, 2014 15:39 CET
Daimler will raise its stake in Aston Martin to 5% and supply the U.K. sports-car producer with electric and electronic parts to deepen an alliance that started last year.... Read More »

 

2014 PARIS AUTO SHOW

Skoda bets on sporty design to boost Fabia sales

July 29, 2014 06:01 CET
Skoda has given its Fabia subcompact a more dynamic, sharper and sportier design. The latest-generation Fabia will debut at the Paris auto show in October.... Read More »

 

GUIDO REINKING

Fiat would find a safe haven in VW

4:59 am U.S. ET | July 29, 2014
Reports that VW may buy Fiat-Chrysler sound improbable, but the idea has appeal. It would allow VW to overcome its weakness in North America and offer Fiat Chrysler a safe haven.... Read More »

 

Italy mulls incentives to boost 'fragile' car market

July 29, 2014 13:32 CET
The Italian government is considering offering tax incentives to encourage new car purchases by both private and public sector owners, Transport Minister Maurizio Lupi said.... Read More »

 

Faurecia increases earnings target

July 29, 2014 11:39 CET
Faurecia raised its 2014 earnings forecast after first-half profit jumped 21 percent on strong demand in Asia and higher market share in its home region.... Read More »

 

 
Most Read
Special Report
Defying Dad, by building on his legacy

Defying Dad, by building on his legacy

At Courtesy Auto Group in Illinois, second-generation dealers Ray and Rik Fregia have seen a 30 percent boost in sales this year, thanks largely to million-dollar overhauls at their three stores. Mon., September 15
» Watch the Video
     
Rocket Fuel