ANE Email Tuesday

LUCA CIFERRI

PSA's recovery will be boosted by the 'Tavares factor'

9:52 am U.S. ET | April 14, 2014
PSA CEO Carlos Tavares admits that his turnaround plan for the struggling automaker isn't a wonder cure: "I cannot make miracles." His honest, no-nonsense approach is one of his strengths.... Read More »

 

VW brand sales rebound in March as Europe recovers

April 8, 2014 12:16 CET
Volkswagen increased sales at its core VW passenger car brand by 5 percent in March, the second-highest growth rate in the past 10 months, as recovering demand in Europe and Chinese growth outweighed declines in the Americas.... Read More »

 

Continental aims to more than double sales at rubber, plastics unit

April 8, 2014 13:11 CET
Continental says it has a goal of more than doubling sales at its rubber and plastics unit, Contitech, to over 11 billion euros ($15.1 billion) within the next decade.... Read More »

 

2014 BEIJING AUTO SHOW

BMW set to debut concept for 9-series flagship sedan

April 8, 2014 11:15 CET
BMW will preview its upcoming 9-series sedan with a concept car at the Beijing auto show, according to a German report. The 9 series will take on the Mercedes S600 Maybach and will be based upon a new platform shared by BMW and Rolls-Royce models.... Read More »

 

Audi may further increase production in Germany on Europe, China demand

April 8, 2014 10:43 CET
Audi said it may further increase production in Germany during the second quarter after adding shifts in past months on strong demand from China and Europe.... Read More »

 

Magna will halt founder Stronach's compensation at end of 2014

April 8, 2014 11:10 CET
Canadian supplier Magna International paid $52 million in consulting fees to billionaire founder Frank Stronach in 2013, but the company is stressing that his compensation will stop at the end of this year.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Why Volvo CEO believes his automaker is better off than rivals in China

April 8, 2014 06:15 CET
Volvo CEO Hakan Samuelsson says his company's relationship with owner Zhejiang Geely Holding gives it a big advantage over rivals in China.... Read More »

 

Opel to add EV as soon as 2016, report says

April 7, 2014 15:00 CET
Opel plans to add an electric car below the Ampera by 2016 or 2017 as part of its effort to meet tougher EU emission targets, a report says.... Read More »

 

Daimler mulls production of Mercedes cars in Russia

April 1, 2014 15:51 CET
Daimler is examining whether to build Mercedes-Benz cars in Russia as it seeks to expand its global production base and overtake German rivals BMW and Audi to become the world's top-selling premium automaker.... Read More »

 

Daimler to acquire Evonik's stake in battery cell venture Li-Tec

April 1, 2014 11:48 CET
Daimler will acquire Evonik Industries' 50.1 percent stake in their Li-Tec joint venture, making it the sole owner of the lithium ion battery cell manufacturer.... Read More »

 

U.S. finalizes plan to phase in rearview camera mandate, starting in 2016

April 1, 2014 06:01 CET
The U.S. Department of Transportation has finalized a set of federal standards for rear visibility that will require all new vehicles under 4,536 kgs (10,000 pounds) in weight to have rearview cameras by mid-2018.... Read More »

 

Spanish car sales rise for seventh consecutive month

April 1, 2014 12:16 CET
New-car sales rose 10 percent in Spain in March, registering the seventh straight monthly increase as government subsidies continue to boost demand.... Read More »

 

Volvo aims for 1 million car sales, chairman tells paper

April 1, 2014 09:16 CET
Volvo targets annual sales of more than 1 million vehicles in the long term, chairman Li Shufu told a Swedish newspaper.... Read More »

 

McLaren expects big profit rise on P1 supercar sales

April 1, 2014 12:14 CET
McLaren Automotive expects pre-tax profit to rise fourfold this year on deliveries of its $1 million P1 supercar.... Read More »

 

PSA increases Peugeot 2008 production to meet rising demand

April 1, 2014 10:49 CET
PSA said it will increase daily production of the Peugeot 2008 by 25 percent after receiving 120,000 orders for the model.... Read More »

 

French new-car sales rise 9% but market still in 'crisis mode'

April 1, 2014 11:07 CET
French car sales rose 9 percent in March -- helped by strong gains for Renault and PSA -- but the CCFA industry association remains cautious, warning: "We're still in crisis mode."... Read More »

 

JENNIFER CLARK

End of an era at Fiat

12:01 am U.S. ET | April 1, 2014
Fiat held its last annual shareholder's meeting in Turin. The next one will be in the Netherlands, which is like Ford Motor holding its annual assembly in Canada.... Read More »

 

Chrysler will remain a U.S. legal entity

March 31, 2014 14:05 CET
Chrysler will remain a United States legal entity also after the completion of the Fiat Chrysler merger later this year, Fiat and Chrysler CEO Sergio Marchionne said.... Read More »

 

Leoni says CEO Probst will leave in June 2015

March 25, 2014 11:26 CET
German supplier Leoni said that CEO Klaus Probst will leave the company at his own request at the end of June 2015.... Read More »

 

Ferrari appoints new board members; chairman and CEO stay on

March 25, 2014 12:17 CET
Ferrari has reappointed Luca Cordero di Montezemolo as chairman and Amedeo Felisa as CEO, while appointing four new members to the board.... Read More »

 

Renault will revive Alpine brand alone after ending Caterham tie-up, reports say

March 25, 2014 06:01 CET
Renault will revive its Alpine brand on its own after ending a partnership with UK specialist sports car maker Caterham, reports said.... Read More »

 

SKF to supply transmission seals to China's Geely

March 25, 2014 11:45 CET
Swedish supplier SKF says it has signed a five-year deal to supply transmission seals to China's Zhejiang Geely Holding.... Read More »

 

Daimler, Bosch question Tesla's go-it-alone plan for German EV charging network

March 25, 2014 06:01 CET
Daimler has joined German supplier Bosch in questioning Tesla's decision to build so-called ''supercharger'' stations in Germany that only cater to the U.S. electric carmaker's vehicles.... Read More »

 

Russia to limit state procurement of imported cars, report says

March 24, 2014 16:17 CET
Russia plans to restrict state procurement of imported cars in a move aimed at helping domestic carmakers to weather a slump in demand, a report said.... Read More »

 

European car sales rise 8% in February as region's economy revives

March 18, 2014 10:34 CET
European car sales rose by nearly 8 percent percent in February, the sixth consecutive monthly gain, as a gradual economic revival in southern Europe and price cuts helped to boost demand for new models.... Read More »

 

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