ANE Email Tuesday

Citroen CEO confirms next C5 for China; Europe future unclear

June 30, 2015 06:01 CET

Citroen will replace its C5 midsize model, CEO Linda Jackson told Automotive News Europe, but she would only confirm that the next-generation car would be sold in China. Jackson said there is a “question mark” over whether Citroen would sell the replacement in Europe.... Read More »

NEWS ANALYSIS

New VW brand boss Diess needs to cut costs, boost profits

June 30, 2015 06:01 CET

VW brand will have a new boss for the first time since 2007 when former BMW development chief Herbert Diess takes control. His tasks as successor to Martin Winterkorn, who remains VW Group CEO, include reining in costs, increasing profitability and making the brand a stronger player in the U.S.... Read More »

Spanish supplier Ficosa opens third China plant

June 30, 2015 11:32 CET

Spanish supplier Ficosa has opened its third Chinese plant in the city of Shenyang to supply automakers in the north of the country, including BMW.... Read More »

VW's Seat brand set to launch small SUV in 2017

June 29, 2015 21:34 CET

VW Group Spanish subsidiary Seat plans to launch a subcompact SUV/crossover by the end of 2017 as part of its effort to be sustainably profitable, a company source said.... Read More »

Audi makes key A4 model longer and lighter

June 29, 2015 14:23 CET

Audi released details and pictures of its new-generation A4, whose success will be crucial to the automaker's goal of passing BMW as the world's top-selling premium brand. The new A4 is slightly larger than the current model, which is Audi's global best-seller, but is lighter and has a more spacious interior.... Read More »

BMW, Toyota move ahead on sports car with agreement on platform

June 29, 2015 14:58 CET

BMW and Toyota have moved a step further on a project to jointly develop a midsize sports car with an agreement on common underpinnings for the model. The two carmakers outlined plans for the sports car in early 2013.... Read More »

Toyota Europe's new sales boss must hold off surging Nissan

June 23, 2015 06:01 CET

Toyota's new European sales and marketing boss, Matt Harrison, faces the challenge of defeating Japanese rival Nissan's goal of becoming Europe's top-selling Asian brand. Nissan sales are surging thanks to new products while Toyota's aging lineup is holding back growth.... Read More »

AvtoVAZ chief Andersson in struggle with Soviet-era suppliers

June 23, 2015 13:23 CET

AvtoVAZ Chairman Bo Andersson is fighting back against Russian suppliers he says are hindering his efforts to improve quality and cut purchasing costs at Lada, the country's best-selling car brand. AvtoVAZ resumed production today at its plant in Togliatti after output was suspended because of problems with the supply of parts.... Read More »

Ghosn's Nissan pay tops $8 million

June 23, 2015 10:48 CET

Nissan CEO Carlos Ghosn received a total of 1.03 billion yen ($8.3 million) in salary and bonuses for the year ended March 31, an increase of 4 percent from a year earlier, and the first time his pay has reached this figure.... Read More »

Ex-Porsche CEO Wiedeking faces more VW bid charges

June 22, 2015 15:19 CET

Former Porsche CEO Wendelin Wiedeking and ex-finance chief Holger Haerter face more charges over the use of a controversial options strategy in Porsche's doomed attempt to take over Volkswagen in 2008.... Read More »

Citroen will boost C4 Cactus production, add new markets

June 22, 2015 06:01 CET

Citroen will increase annual production of the C4 Cactus and expand sales outside Europe after the unconventionally designed compact model proved more popular than planned.... Read More »

CAR CUTAWAY

Eberspaecher, GKN, Marelli have key parts in new Fiat 500X

12:01 am U.S. ET | June 22, 2015

Eberspaecher, GKN Driveline and Magneti Marelli contribute key parts to the new Fiat 500X that include its NOx-reducing catalytic converter, rear-drive module and power transfer as well as its halogen and Xenon headlights.... Read More »

European car sales recovery slows in May

June 16, 2015 08:59 CET

The recovery in European car sales slowed down in May as buyers' concerns about unemployment and the Greek sovereign debt crisis held back demand. Sales were also hit by fewer business days.... Read More »

Citroen mulls Mehari revival to add fun to the brand

June 16, 2015 06:01 CET

Citroen is considering a revival of its iconic Mehari lightweight utility car to help give the brand a “fun” image, CEO Linda Jackson said.... Read More »

Germany may increase support for electric cars

June 16, 2015 10:56 CET

The German government is examining increased support to help bring 1 million electric cars onto the country's roads by the end of the decade. Unlike other European countries, Germany has so far refused to provide generous EV sales incentives.... Read More »

Geely will unveil compact car developed with Volvo at Geneva show

June 16, 2015 12:15 CET

Geely Automobile will unveil the first compact car jointly developed with Volvo at the Geneva auto show in March. The two automakers, both units of China's Zhejiang Geely Holding Group, plan to develop a series of models using a shared architecture.... Read More »

Ford-Jaguar consortium to test driver-less pods in UK

June 16, 2015 12:30 CET

Ford and Jaguar Land Rover are teaming up with the UK government to test autonomous cars as an add-on to public transport systems. The UK Autodrive Consortium will place 40 self-driving transport “pods” in a town north of London for six months beginning in late 2017.... Read More »

LARRY P. VELLEQUETTE

BLOG: Marchionne's merger mania: Why now?

5:34 am U.S. ET | June 16, 2015

There have been countless theories offered by analysts and in the press as to why Marchionne is on a quest to merge Fiat Chrysler with another automaker. Whatever the reason, it looks likely to benefit the Agnelli family that employs him.... Read More »

London cab maker takes legal action over rival taxi design

June 15, 2015 15:16 CET

London Taxi Company, which builds the UK capital's iconic black cabs, is taking legal action against a low-emission alternative, saying the similar design would confuse customers.... Read More »

Audi sales rise 1.2% in May as Europe, U.S. gains offset China slide

June 15, 2015 12:09 CET

Audi's global vehicle sales rose by 1.2 percent in May as gains in Europe and the U.S. offset lower volume in China. Audi sales in China fell 1.6 percent, the first drop in the carmaker's biggest market since February 2013.... Read More »

Hyundai, Kia will cut costs as sales, profits decline

June 9, 2015 11:41 CET

Hyundai and Kia will cut costs after first-quarter sales and profit fell at the carmakers. Sales have been hit by weak SUV demand in China and a strong currency, which has helped Japanese rivals gain a competitive edge in overseas markets.... Read More »

Marchionne asks investors for help persuading GM to merge with Fiat Chrysler, report says

June 9, 2015 09:01 CET

Fiat Chrysler Automobiles CEO Sergio Marchionne is reaching out to hedge funds and activist investors to help persuade General Motors to agree to a merger, the Wall Street Journal reported, citing people familiar with the matter.... Read More »

Mercedes' new E class will offer automated driving at highway speeds

June 9, 2015 10:22 CET

Drivers of Mercedes' new E class will have to get used to a startling feeling: the steering wheel moving in their hands as it pilots highways and country roads by itself. The technology will be available as of about March next year, when the next-generation model goes on sale.... Read More »

BMW plans to build an electric SUV in the U.S., report says

June 9, 2015 06:01 CET

BMW plans to build a battery-powered SUV in the U.S. as a rival to the upcoming Tesla Model X, a German business magazine said.... Read More »

Cars smart enough to drive still need to overcome human error

June 9, 2015 12:30 CET

As companies such as Google, Mercedes and Volvo race to develop vehicles that are smart enough to drive themselves, even the most sophisticated systems will sometimes be no match for human error.... Read More »

 
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