ANE Email Tuesday

Volkswagen plans $250 million investment in India

July 15, 2014 10:36 CET
Volkswagen plans to invest 15 billion rupees ($250 million) in India over the next five to six years. VW's market share in India fell in the last fiscal year to 2.1 percent from 2.4 percent.... Read More »

 

Porsche will consolidate sports car output in Zuffenhausen with 400 million euro investment for Boxster and Cayman production

July 15, 2014 12:57 CET
Porsche plans to consolidate production of its Boxster and Cayman sports cars at its main plant in Zuffenhausen, near Stuttgart.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Audi makes London showroom a technology showcase

July 15, 2014 06:01 CET
Audi's central London dealership has chosen a revolutionary new way for the automaker to sell not just cars but the brand itself by allowing customers to configure their vehicles on four huge powerwall screens.... Read More »

 

Audi to add shift at Hungary plant ahead of TT launch

July 15, 2014 11:28 CET
Audi will add a third shift at its car plant in Hungary in mid-August ahead of the launch of the new TT sports car.... Read More »

 

Russia bans state purchase of foreign-made cars to aid local automakers

July 15, 2014 13:16 CET
Prime Minister Dmitry Medvedev has ordered a ban on Russian state and municipal purchases of foreign-manufactured cars to support local producers.... Read More »

 

BMW open to sharing battery technology with rivals

July 15, 2014 09:52 CET
BMW is open to sharing with rival automakers the EV battery cell technology it co-developed with Samsung SDI. Sharing the technology would reduce the cost of the battery cells -- the most expensive part of an electric vehicle.... Read More »

 

Infiniti lures BMW exec to head global operations

July 8, 2014 12:49 CET
Infiniti has named longtime BMW executive Gaby-Luise Wuest as its head of global operations. Wuest succeeds Francois Goupil de Bouille, who has been appointed Infiniti's head of Europe, Middle East and Africa operations.... Read More »

 

Agnellis may tighten grip on Fiat after Chrysler merger

July 8, 2014 11:43 CET
Fiat's founding Agnelli family may see its voting rights rise to 46 percent as part of a scheme to reward long-term investors after a merger with Chrysler and a listing in New York, a U.S. regulatory filing showed.... Read More »

 

VW brand sales rise to record as China, Europe offset U.S., Brazil slide

July 8, 2014 12:21 CET
Sales of Volkswagen brand cars surpassed 3 million vehicles in the first half, marking a new record thanks mainly to double-digit growth in China.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

BMW CEO sees billion-euro challenge to meet EU's CO2 target

July 8, 2014 06:15 CET
BMW CEO Norbert Reithofer says the cost to meet tougher EU CO2 limits due in 2021 will cost the carmaker billions of euros, but he's confident that a new engine family will allow the automaker to achieve the target.... Read More »

 

Audi joins Mercedes in narrowing luxury-car sales gap with BMW

July 8, 2014 10:57 CET
Audi and Mercedes narrowed their sales gaps with global luxury-car leader BMW during the first half on robust sales of Audi's A3 compact and Mercedes' S-class flagship.... Read More »

 

PSA-Dongfeng raises 2014 China sales target

July 7, 2014 14:42 CET
PSA's Chinese joint venture with Dongfeng raised its 2014 sales target by about 50,000 vehicles after sales rose 24 percent in the first six months.... Read More »

 

Spanish car sales rise 24% in June

July 1, 2014 12:01 CET
New-car sales in Spain rose 24 percent in June, the tenth straight month of increases, as a government subsidy scheme continued to stimulate demand.... Read More »

 

BMW's new Mexico plant will build up to 150,000 cars a year, report says

July 1, 2014 12:37 CET
A new BMW car plant in Mexico will build 150,000 vehicles annually, a source said. BMW said it will make an announcement in Mexico on Thursday, although the company did not confirm it will be about a new factory.... Read More »

 

DOUGLAS A. BOLDUC

Gesture recognition makes dials, buttons obsolete

12:01 am U.S. ET | July 1, 2014
Buttons and dials may become obsolete to control your car's radio, heater and navigation system. That's because those functions can now be managed with the wave of the hand.... Read More »

 

Fiat Chrysler shareholders to vote on merger in early August

June 30, 2014 17:01 CET
Fiat Chrysler shareholders will meet early August to vote on the merger between the Italian carmaker and its U.S. unit, CEO Sergio Marchionne said on the sidelines of an event in Turin.... Read More »

 

BMW examines cars for potential airbag problems

June 24, 2014 09:16 CET
BMW is analyzing a limited number of its cars in Hawaii, Puerto Rico and the Virgin Islands as part of a broader investigation into the safety of airbags supplied by Japan's Takata.... Read More »

 

Ghosn set to top Japan pay rankings with $10 million pay

June 24, 2014 09:39 CET
Nissan CEO Carlos Ghosn earned more than $10 million last year, putting him on track to become the best-paid Japan executive for the fourth time in five years.... Read More »

 

BRUCE GAIN

At PSA, Tavares echoes Renault's management template

12:01 am U.S. ET | June 24, 2014
PSA/Peugeot-Citroen CEO Carlos Tavares's new executive committee structure is very much like the one he left behind at Renault when he was Carlos Ghosn's No. 2.... Read More »

 

Ferrari plans 20% CO2 cut by 2021

June 24, 2014 06:01 CET
Ferrari wants to reduce its fleet carbon dioxide emissions by 20 percent by 2021 while simultaneously boosting performance. To do this the supercar maker will use turbochargers on V-8 engines and hybrid systems on V-12s, a top executive said.... Read More »

 

Europe car sales rise for ninth month

June 17, 2014 09:32 CET
Europe's car sales rose 4 percent in May as growing consumer confidence encouraged purchases of new models. Volume brands such as Renault, Opel, Peugeot and Skoda gained while Ford, Fiat and Hyundai lost ground.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Auto companies continue gains in Q1

June 17, 2014 06:01 CET
European automakers, suppliers and retailers increased their value in the first quarter of this year, according to the Automotive News Europe/PricewaterhouseCoopers Transaction Services Shareholder Value Indices.... Read More »

 

Vodafone targets connected cars with acquisition of Cobra Automotive

June 17, 2014 06:01 CET
Vodafone plans to expand into automotive telematics by acquiring Cobra Automotive Technologies, an Italian provider of security, telecommunications and vehicle tracking data.... Read More »

 

Volvo plans to export China-made cars to U.S., Russia next year, executive says

June 17, 2014 11:26 CET
Volvo plans to start exporting Chinese-made cars to the United States and Russia as early as next year, a company executive said. The S60L sedan will be exported to the United States and the XC90 SUV to Russia.... Read More »

 

IAC promotes veteran exec to head European commercial operations

June 17, 2014 06:01 CET
Luxembourg-based supplier International Automotive Components (IAC) has promoted Marcus Nyman to senior vice president of commercial operations for the European region.... Read More »

 

Rocket Fuel