ANE Email Tuesday

Borgward revival led by former Daimler China boss

May 19, 2015 06:01 CET

Borgward named former Daimler China boss Ulrich Walker as its CEO as the company prepares to resurrect the German brand with Chinese backing.... Read More »

Continental to buy Elektrobit auto unit in bid to boost autonomous tech

May 19, 2015 11:07 CET

Continental will buy the automotive business of Finnish software and hardware company Elektrobit Oyj for 600 million euros ($680 million) as the German company seeks to strengthen its position in automated driving technology.... Read More »

European car sales rose nearly 7% in April as market recovers faster than expected

May 19, 2015 08:58 CET

European car sales rose for a 20th consecutive month in April, bolstered by a reviving economy and new models. Registrations increased 6.9 percent to 1.21 million vehicles, industry association ACEA said. Four-month sales jumped 8.1 percent to 4.85 million cars.... Read More »

2015 RISING STARS

Automotive News Europe salutes Alessio Franco

May 19, 2015 06:01 CET

Automotive News Europe salutes the winners of the 2015 Rising Stars awards. Every day through June 4 one of the 14 winners will be featured. The Rising Star for Communications is Ford of Europe's Alessio Franco.... Read More »

Price cutting by VW, GM and Ford threatens automakers' rich margins in China

May 19, 2015 12:57 CET

Automakers including VW, GM and Ford are slashing prices for vehicles they sell in China in response to a slowdown in demand that threatens the industry's rich profit margins.... Read More »

Aston Martin CEO says Alabama 'obvious choice' for U.S. plant

May 19, 2015 12:01 CET

Aston Martin CEO Andy Palmer says the U.S state of Alabama is the “obvious choice” for a new plant to build the upcoming DBX crossover.... Read More »

BMW approves launch of X2 crossover, report says

May 19, 2015 06:01 CET

BMW has approved the launch of a coupe-styled crossover called the X2 to rival the Range Rover Evoque, a report said.... Read More »

Audi rules out entry into Formula One

May 18, 2015 16:06 CET

Audi has no plans to enter Formula One, the company has said, seeking to end speculation that the carmaker was tempted to broaden its commitment to motor racing.... Read More »

Audi edges ahead of BMW to lead luxury-car sales race

May 12, 2015 11:12 CET

Audi sold the most luxury cars globally in April, edging out BMW Group's namesake brand and fast-growing Mercedes. BMW kept its No. 1 ranking through the first four months.... Read More »

Reithofer's board role at BMW backed by fund firm

May 12, 2015 12:36 CET

UK fund firm Hermes Investment Management said it supported the election of BMW CEO Norbert Reithofer to the automaker's supervisory board. The proposal has drawn criticism for the lack of a cooling off period after Harald Krueger, the automaker's production chief, succeeds Reithofer as CEO.... Read More »

BMW car sales rose nearly 6% in April as Europe, U.S. offset sluggish China

May 12, 2015 09:29 CET

BMW said vehicle sales at its core BMW brand rose 5.6 percent in April as strong sales of the 2-series Active Tourer minivan in Europe and demand for SUVs in the U.S. helped to offset a sluggish China market.... Read More »

Volkswagen to break up MAN, report says

May 12, 2015 12:45 CET

Volkswagen will break up MAN and transfer its truck and bus businesses, as well as MAN Latin America, into VW's new Truck & Bus Holding, a German daily reported.... Read More »

Formula One is an option for Audi, CEO says

May 12, 2015 11:46 CET

Formula One racing remains an option for Audi, the carmaker's CEO Rupert Stadler was quoted as saying amid speculation about a partnership with former world champions Red Bull.... Read More »

Webasto expects to double China sales by 2020

May 12, 2015 10:17 CET

German supplier Webasto expects annual sales in China to double by 2020 to 8.3 billion yuan (1.2 billion euros) from last year's results, in part as consumers shift from smaller tilt-slide sunroofs to bigger and more expensive panoramic sunroofs.... Read More »

Audi A1 production will move to Seat plant in Spain from Belgium, reports say

May 11, 2015 13:54 CET

VW Group may build the Audi A1 entry premium car at Seat's factory in Spain instead of in Belgium as part of a production reshuffle, media reports said.... Read More »

Chinese automakers Dongfeng, FAW halt trading on merger reports

May 5, 2015 08:09 CET

Chinese automakers Dongfeng Motor, which has a 14 percent stake in PSA, and FAW Group, a joint venture partner of VW, today halted trading in shares of their listed subsidiaries, with Dongfeng saying it checked into reports that the two companies would merge.... Read More »

Lamborghini may get tax breaks to build SUV in Italy

May 5, 2015 12:06 CET

Lamborghini is being offered incentives by Italy's government to make sure the automaker builds a production version of its Urus SUV concept in the country, sources said. Lamborghini sees the potential to sell 3,000 units a year of the Urus, more than doubling the brand's global volume.... Read More »

Russia may ease ruble risk for foreign automakers

May 5, 2015 08:44 CET

Russia's government is planning to introduce measures to reduce the risk of ruble volatility for foreign automakers that have localized production in the country, a report said. After several years of growth in excess of 10 percent, car sales in Russia have plunged on a weaker ruble, dampened by Western sanctions over Ukraine and a slide in oil prices.... Read More »

VW to discuss new leadership structure as it seeks Piech successor

May 5, 2015 10:22 CET

Volkswagen's board will meet next month to discuss a new structure such as aligning individual brands more closely as the automaker seeks to return its focus to business following the shock ouster of former patriarch Ferdinand Piech.... Read More »

CHRISTIAAN HETZNER

BLOG: Piech's absence dominates VW annual meeting

6:43 am U.S. ET | May 5, 2015

Ferdinand Piech may cause VW's leadership more headaches than ever before. At VW's annual meeting today, the shadow of the VW patriarch seemed to follow CEO Martin Winterkorn wherever he went.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

BMW sales boss shares how brand is adapting to big changes in China

May 5, 2015 06:15 CET

China's rapidly developing auto market has led some cities to restrict new-car sales and forced the country's dealers to rely more heavily on selling used cars rather than new models. BMW brand sales boss Ian Robertson told Automotive News Europe what the automaker is doing to cope with these changes.... Read More »

Italy sales rose by 25% in April boosted by big discounts

May 4, 2015 21:10 CET

Italy's new-car registrations rose 24.7 percent in April to 148,807, boosted by heavy discounting by automakers including market leader Fiat.... Read More »

Volvo sales rise 2.3% in April as Europe growth offsets weak China, U.S.

May 4, 2015 15:56 CET

Volvo's vehicle sales rose 2.3 percent in April as growth in Western Europe offset weaker demand in China and the U.S. Separately, Volvo said it is adding a third shift at its plant in Sweden to meet demand for the new XC90 SUV.... Read More »

Hyundai names new Europe chief

May 4, 2015 15:09 CET

Hyundai said company veteran Hyung Cheong Kim is the new president and CEO of its European operations, the third major reshuffle for the automaker in the region in less than a year. Kim replaces Byung Kwon Rhim, who moves to Seoul to head Hyundai Motors' international sales division.... Read More »

Aston Martin mulls plant in Alabama to be near Mercedes, report says

April 28, 2015 10:42 CET

Aston Martin is considering a U.S. factory in Alabama to be near industrial partner Daimler, Aston Martin CEO Andy Palmer told a UK car magazine.... Read More »

 
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Special Video Report
Toyota's Lentz in Texas: A Lexus regret, fixing 'starved' Scion, the next Prius

Toyota's Lentz in Texas: A Lexus regret, fixing 'starved' Scion, the next Prius

Toyota North America CEO Jim Lentz is a pioneer. He and a handful of other employees moved to north Texas last September to help build the automaker's new U.S. headquarters.
» Watch the Video