ANE Email Tuesday

Porsche will create 1,400 jobs for Tesla-fighting EV

July 26, 2016 10:34 CET

Porsche has raised the number of jobs it will create to produce its first all-electric car to more than 1,400 from 1,000.... Read More »

Hyundai quarterly profit slips 3%; tougher U.S. market, Brexit hit forecast

July 26, 2016 09:03 CET

Hyundai's quarterly profit slipped 3 percent to $1.46 billion, the 10th consecutive quarterly decline. Shrinking demand for its sedans in the U.S. hit earnings. Hyundai also said the UK's Brexit vote had clouded its outlook for the EU.... Read More »

Cadillac XT5 price undercuts rivals in Europe

July 26, 2016 06:01 CET

Cadillac aims to increase its SUV market share in Europe by pricing its new XT5 below German premium rivals such as the Audi Q5 and BMW X3, and by offering more equipment.... Read More »

Daimler's mytaxi will merge with Hailo to take on Uber

July 26, 2016 08:51 CET

Daimler's mytaxi said it will merge with British rival Hailo, creating Europe's largest smartphone-based taxi-hailing business.... Read More »

Higher GM, Volvo shipments to U.S. boost Chinese vehicle exports

July 26, 2016 09:51 CET

China's passenger vehicle exports rose 13 percent in June as GM and Volvo boosted exports to North America.... Read More »

Faurecia lifts 2016 profit guidance after strong first half

July 26, 2016 09:40 CET

Faurecia raised its full-year guidance after reporting a stronger first-half performance in Europe. Operating income rose to $539 million, the French supplier said.... Read More »

Smart owners in Germany can have parcels delivered to their parked cars

July 25, 2016 16:07 CET

Daimler's Smart cars will become delivery boxes for Deutsche Post's DHL package operation in Germany as the mail and auto industries begin to work together to leverage connected cars. Smart owners can arrange for DHL to deliver parcels to the trunks of their parked cars.... Read More »

Jaguar Land Rover said to be in talks with Ford, BMW over battery plant

July 25, 2016 14:11 CET

Jaguar Land Rover declined to comment on a newspaper report that it is in talks with Ford and BMW to build a battery plant in the UK.... Read More »

Audi plans electric car push to put heat on Tesla

July 19, 2016 09:16 CET

Audi will aim for electric cars to account for a quarter of its sales by 2025 as part of a strategic overhaul following the emissions scandal at parent VW Group, company sources said, in a move that could step up the challenge to Tesla.... Read More »

VW's dirty diesels won't meet U.S. air standards even after recall

July 19, 2016 12:17 CET

VW Group's $15.3 billion U.S. settlement for cheating on emissions tests fell short in one key respect: Even after the cars are recalled and repaired they won't be fully compliant with clean-air laws.... Read More »

VW seeks settlement with Canadian diesel owners, paper says

July 19, 2016 11:00 CET

Volkswagen Group is seeking a settlement with Canadian diesel vehicle owners similar to the one reached in the U.S., a German newspaper reported. VW agreed to pay as much as $15.3 billion in the U.S. after admitting it cheated on diesel-emissions tests.... Read More »

China bans highway testing of autonomous cars pending regulation

July 19, 2016 11:27 CET

China's auto-industry regulator warned automakers not to test self-driving vehicles on highways before it formulates rules governing the testing of autonomous cars.... Read More »

Ford sees weak pound as Brexit headache

July 19, 2016 06:01 CET

Ford of Europe expects a weak pound rather than reduced consumer confidence to be the biggest risk for car demand in the UK following the country's vote to quit the EU.... Read More »

Germany may require black box in autonomous cars

July 18, 2016 16:01 CET

Germany plans legislation to require manufacturers of cars equipped with an autopilot function to install a black box to help determine responsibility in the event of an accident, the country's transport ministry said.... Read More »

Mercedes beats BMW at half-year mark in luxury sales race

July 12, 2016 12:30 CET

Mercedes-Benz solidified its sales lead over the BMW brand in the first half of the year, moving closer to a goal of unseating its rival for the first time since 2005 as the global No. 1 in luxury deliveries.... Read More »

Google self-driving car project names general counsel as scrutiny rises

July 12, 2016 11:52 CET

Google's self-driving car project has appointed its first general counsel, Ken Vosen, as U.S. regulators increase their scrutiny of autonomous vehicles. The move could be a sign that Google is preparing to make its self-driving car unit a separate company.... Read More »

Daimler Q2 earnings rise nearly 6% boosted by Mercedes gains

July 12, 2016 10:57 CET

Daimler said earnings rose 5.6 percent in the second quarter as deliveries at its Mercedes unit soared even as the company set aside money for airbag recalls and legal charges. The company stuck to its forecast for full-year results, saying they will improve slightly from 2015.... Read More »

PSA car sales slide on China weakness as automaker sees slight Brexit impact

July 12, 2016 11:16 CET

PSA's first-half car sales fell 0.2 percent as a weaker Chinese market offset a stronger performance in Europe. The automaker also cautioned that the European market will likely see a slight decline following the UK's Brexit vote.... Read More »

UK consults on insurance, driving rules for autonomous cars

July 11, 2016 16:10 CET

The UK launched a consultation on changes to insurance rules and motoring regulations as it pursues its plans to allow driverless cars to take to the streets by 2020.... Read More »

Brexit hits Toyota, Nissan as rising yen weighs on profit outlook

July 5, 2016 12:24 CET

The yen's extended surge after UK's decision to exit the EU has turned put added pressure on Japan's automakers. Since the June 23 Brexit vote, the mean forecast for net income at Toyota has slid to $16.5 billion, with four analysts cutting their predictions by an average $2.3 billion for the fiscal year.... Read More »

VW, BMW, Daimler, others face German steel-price probe

July 5, 2016 11:15 CET

VW Group, Daimler, BMW and suppliers Bosch and ZF said they were cooperating with German authorities after their offices were searched as part of a steel price-fixing investigation.... Read More »

Delphi, Linamar to add Morocco plants, minister says

July 5, 2016 11:44 CET

North American parts suppliers Delphi and Linamar will be building plants in Morocco, the country's industry minister said. Morocco need to expand its supply base to support a PSA factory that opens in 2019 as well as Renault's two car assembly plants in the country.... Read More »

Volvo sales rise 11% in June on XC90 demand

July 4, 2016 12:07 CET

Volvo's sales rose 11 percent in June as demand for the automaker's XC90 flagship SUV helped boost deliveries in the key U.S. and China markets. Six-month deliveries at the automaker also rose 11 percent.... Read More »

German automakers expect strong H2 sales growth

July 4, 2016 12:51 CET

German automakers expect strong sales growth to continue in the second half of the year after deliveries in Europe's No. 1 market jumped 8 percent in June, a leading lobby group said. Six-month sales were up 7 percent.... Read More »

NICK GIBBS

BLOG: Nissan struggles to make sense of Sunderland shocker

5:42 am U.S. ET | June 28, 2016

Nissan's team in the UK is “shell-shocked” by the decision of the country's voters to leave the EU, a person close to the company told me. Especially surprising was that Sunderland, where Nissan has a massive car plant, voted emphatically to exit the EU.... Read More »

 
Ghosn's life-changing post-Christmas offer

Douglas A. Bolduc
5:37 am U.S. ET | Aug. 22 2016

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Carlos Ghosn's powers of persuasion are very hard to resist, Nissan Brazil's current boss learned on Dec. 26. 2011. ...
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Automakers face uncertainty over key Chinese government policies

Yang Jian
6:24 am U.S. ET | Aug. 19 2016

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Auto executives in China are worried these days. ...
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Confessions of a diesel junkie


12:01 am U.S. ET | Aug. 3 2016

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My plan to someday drive off into the sunset in a diesel-powered car at the conclusion of my career ...
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Newsletters & Alerts
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VW brand suffers most as car sales fall 2% in Europe's top 5 markets in July
VW brand car sales fell steeply in Europe's top five markets in July as the automaker continued to s ...
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Lada defies Russian market slump with new Western-style cars
Lada bucked the Russia's steep slump with a 4 percent rise in sales last month in a market down 17 p ...
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UK car sales flat in July amid signs of a consumer slowdown
British new-car sales were flat in July but demand from private consumers fell, suggesting a hit to ...
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Western Europe sales fall 2% in first monthly decline since 2013
New-car sales in western Europe fell 2 percent in July, the first monthly decline since August 2013, ...
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German car sales fell 3.9% in July as VW Group takes big hit
New-car sales in Germany fell 3.9 percent in July on fewer selling days, with VW Group brands suffer ...
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Italy car sales growth slows to 2.9% in July
New-car sales in Italy grew by 2.9 percent in July -- less than the double-digit growth recorded in ...
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French new-car sales plunged nearly 10% in July
French car sales fell 9.6 percent in July on fewer selling days with PSA and VW Group suffering stee ...
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Europe's first-half sales growth beats predictions, but Brexit could slow surge
Europe's first-half car sales grew by a stronger-than-expected 9.1 percent with nearly every automak ...
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European June car sales slow as Brexit vote reduces confidence
European car-sales growth slowed to 6.5 percent in June as the British vote on exiting the EU weighe ...
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Russia car sales fall 13% in June
Russian car sales fell 13 percent in June as an economic crisis driven by low oil prices and Western ...
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Bentley names new head of exterior design
Bentley has promoted John Paul Gregory to its head of exterior design. Gregory was previously advanc ...
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Audi lures Volvo exec to lead electrics unit
Audi has hired former high-ranking Volvo executive Thomas Mueller to be its head of electrics/electr ...
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Volkswagen Group appoints China chief for VW brand
VW Group appointed veteran manager Stephan Woellenstein to the newly created position of CEO for the ...
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Ford promotes UK exec Periam to Europe finance chief
Ford executive Will Periam is the new chief financial officer of the automaker's European subsidiary ...
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Ex-Mini design chief Warming joins Chinese-backed Borgward
Borgward, a German brand that has been revived with Chinese backing, has recruited Mini's former des ...
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PSA names new Peugeot, China, Europe chiefs
PSA Group named new chiefs for its Peugeot brand and for its Europe and China regions. ...
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Daimler promotes Turkish unit boss Seeger to Mercedes sales and marketing chief
Daimler named Britta Seeger as global sales and marketing head of Mercedes cars. ...
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BMW names former F1 exec Duesmann as new purchasing chief
BMW has appointed Markus Duesmann, its former Formula One powertrain boss and current engine guru, t ...
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Fiat Chrysler creates post to oversee global regulatory compliance
Fiat Chrysler as appointed longtime engineering executive Mark Chernoby to a new role as the automaker's global chief technical compliance officer. ...
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VW's Seat recruits new sales boss from Audi
VW Group's Seat brand has recruited Audi veteran Wayne Griffiths as its new sales and marketing boss ...
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Hyundai sees Ioniq as brand hero
Hyundai sees its new Ioniq as its green flagship and a key image booster in Europe even if sales wil ...
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Seat expects Ateca to strengthen its profitability
Seat, which recently returned to profitability after years of losses, expects to further strengthen ...
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Ford makes Edge its European flagship
Ford says it will target premium rivals including the Volvo XC60 and Audi Q5 with its new European f ...
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Cadillac XT5 price undercuts rivals in Europe
Cadillac aims to increase its SUV market share in Europe by pricing its new XT5 below German premium ...
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Honda hopes NSX halo effect will give automaker a boost in Europe
Honda hopes for a halo effect boost in Europe from its NSX supercar. The NSX is a "branding exercise ...
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Alfa touts Giulia's driving dynamics
Alfa Romeo claims its new Giulia has better driving dynamics than rivals such as the BMW 3 series be ...
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Suzuki Baleno is company's first model in Europe with fuel-saving mild hybrid
Suzuki has boosted fuel economy in its new Baleno hatchback by using a mild hybrid system for the fi ...
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MG aims first SUV at budget buyers
MG Motor, a Chinese-owned UK brand, is aiming its first SUV, the GS, at families looking for a budge ...
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Maserati expects first SUV to become its best-seller
Maserati is embracing the boom in luxury SUV sales with the launch of its Levante crossover, which t ...
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McLaren aims cozy 570GT at new audience
McLaren says that the 570GT is the first supercar it has produced that was not conceived primarily w ...
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Suppliers to the new VW Tiguan
VW started production of the new Tiguan in January at its factory in Wolfsburg, Germany. Output is e ...
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Suppliers to the new Bentley Bentayga
Bentley Bentayga production began in November 2015 at the brand's factory in Crewe, England. ...
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Suppliers to the new Renault Talisman
Assembly of the new Renault Talisman began in September 2015 at Renault's factory in Douai, France. ...
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Suppliers to the new Alfa Romeo Giulia
Assembly of the all-new Alfa Romeo Giulia began in March at parent Fiat Chrysler Automobile’s ...
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Suppliers to the new Audi A4
Assembly of the fifth-generation Audi A4 began in July 2015 at Audi's factory in Ingolstadt, Germany ...
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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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