ANE Email Tuesday

Mercedes is not chasing luxury sales lead at any price, Zetsche says

Feb. 9, 2016 11:29 CET

Daimler CEO Dieter Zetsche says Mercedes will not sacrifice margins in its quest to overtake rival BMW and become the world's best-selling luxury brand.... Read More »

Porsche CEO says profits will be hit by EV investment

Feb. 9, 2016 11:02 CET

Porsche is bracing for smaller profit gains in the future as the sports-car maker steps up spending on models such as its first EV, CEO Oliver Blume said.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Infiniti CEO calls Q30 a 'game changer' for brand; eyes adding a plug-in hybrid

Feb. 9, 2016 06:01 CET

Infiniti is bullish about its future in Europe. With Q30 production underway in England and output of the QX30 due to join it later this year, 2016 will be a breakout year for Nissan's premium brand, Infiniti CEO Roland Krueger told Automotive News Europe.... Read More »

DOUGLAS A. BOLDUC

BLOG: Ford faces tough decision on B-Max

12:01 am U.S. ET | Feb. 9, 2016

When Ford of Europe President Jim Farley says that the automaker must be even more selective on the segments where it competes it makes me think that the B-Max's days are numbered.... Read More »

Ferrari's 'family' car gets new name, more power

Feb. 8, 2016 15:41 CET

Ferrari is renaming its FF four-seat coupe as the GTC4Lusso and adding rear-wheel steering to boost the appeal of a model launched five years ago as a practical ultraluxury sports car aimed at wealthy families.... Read More »

VW quality chief quits amid diesel scandal fallout

Feb. 8, 2016 17:32 CET

Volkswagen named company veteran Hans-Joachim Rothenpieler as head of group quality assurance, replacing Frank Tuch who held the job for six years and, according to sources, was suspended amid the automaker's emissions scandal.... Read More »

Russian new-car sales continue steep decline in January

Feb. 8, 2016 15:45 CET

Russian new-car sales plunged 29 percent last month, extending a collapse from 2015 that is forcing the government to spend billions of rubles more to support the ailing auto industry.... Read More »

Emissions lies haunt VW as automaker faces tougher U.S. Justice Department

Feb. 8, 2016 14:18 CET

VW's emissions-cheating software has not directly been responsible for any deaths, yet the U.S. Justice Department may treat it more harshly than General Motors and Toyota, two automakers whose vehicles have killed people.... Read More »

Former Opel CEO Demant retires after VW role

Feb. 2, 2016 06:01 CET

Volkswagen Group's international projects chief, Hans Demant, has retired, ending a long career that was mainly spent at General Motors' European operations where he was known as "Mr. Opel."... Read More »

Automakers' political power may sway EU pollution-test vote

Feb. 2, 2016 12:02 CET

A European plan to test cars' pollution levels under real driving conditions may survive a veto threat this week, signaling that the VW cheating scandal has done little to reduce the auto industry's political influence.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Ford of Europe boss outlines plan to be a consistent profit maker

Feb. 2, 2016 06:01 CET

Ford of Europe President Jim Farley wants the division to be a consistent profit contributor to its U.S. parent. To do that, Farley wants the automaker to be selective on the segments where it competes, as he explained to Automotive News Europe.... Read More »

Growth in car sales in key European markets 'encouraging' in January

Feb. 2, 2016 11:28 CET

New-car sales increased in key European markets in January including 3 percent growth in Germany and double-digit rises in Italy and Spain.... Read More »

2016 GENEVA AUTO SHOW

Skoda set to take on Hyundai and Kia in large SUV segment

Feb. 2, 2016 10:12 CET

Skoda signaled it will expand its SUV offerings with a new model that will rival vehicles such as the Hyundai Santa Fe and Kia Sorento. VW Group's Czech brand released sketches of the VisionS large SUV concept that will debut at the Geneva auto show.... Read More »

Audi prepares recall of rigged diesels in Germany

Feb. 2, 2016 11:08 CET

Audi expects to begin recalling models fitted with rigged diesels in Germany next month. Audi plans to fix 580,000 cars in the country as part of a recall that will be expanded across Europe.... Read More »

Fiat Chrysler will offer new settings for diesel engines to make them cleaner

Feb. 2, 2016 10:56 CET

Fiat Chrysler will offer new calibrations to make its most recent generation of diesel vehicles cleaner on the road after completing an internal review of its cars following the Volkswagen Group emissions scandal.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Opel CEO on reaching breakeven in 2016: 'We can see the target now'

Feb. 2, 2016 06:01 CET

Karl-Thomas Neumann says Opel has beaten all internal targets since he arrived four years ago as CEO and this year the automaker expects to break even after more than a decade of losses. Neumann spoke with Automotive News Europe about the challenges that need to be overcome to reach this point.... Read More »

Hyundai posts lowest profit in 5 years on China slump

Jan. 26, 2016 09:40 CET

Hyundai posted its lowest annual profit in five years after a slump in China deliveries overshadowed gains in Europe, the U.S. and South Korea. Net income declined 13 percent to 6.42 trillion won ($5.3 billion) in 2015.... Read More »

VW given deadline to come clean by No. 2 shareholder

Jan. 25, 2016 16:39 CET

Volkswagen Group has been given three months by the prime minister of Lower Saxony, the carmaker's second-biggest shareholder, to provide a full account of the roots of its diesel-emissions cheating scandal.... Read More »

VW CEO calls for new emissions tests

Jan. 25, 2016 22:44 CET

VW Group CEO Matthias Mueller called for emissions tests in Europe to be reworked to close the gap between laboratory and real-world results, an issue brought to public attention by the German car manufacturer's cheating scandal.... Read More »

PSA board may meet over deal with Iran, report says

Jan. 25, 2016 23:01 CET

PSA could convene a board meeting to discuss business opportunities in Iran on Wednesday, a source close to the company said ahead of a visit by Iranian President Hassan Rouhani. Before leaving Tehran, Rouhani was quoted on state TV as saying he expected to close a deal with PSA during the trip.... Read More »

PSA, Renault, FCA eye deals as Iran president tours EU

Jan. 25, 2016 16:14 CET

Iranian President Hassan Rouhani arrived in Italy on Monday for the first stop of a European tour that may see him explore manufacturing partnerships with Fiat Chrysler Automobiles, PSA and Renault. FCA CEO Sergio Marchionne has said he sees opportunities in Iran.... Read More »

YANG JIAN

BLOG: How GM zoomed past VW in China

12:01 am U.S. ET | Jan. 25, 2016

The Volkswagen Group was China's largest automaker in 2013 and 2014, but last year, General Motors regained top billing. How did VW lose bragging rights as China's No. 1 automaker?... Read More »

Apple, Google making progress on car projects, Daimler's Zetsche tells paper

Jan. 24, 2016 12:07 CET

Daimler CEO Dieter Zetsche said a recent trip to Silicon Valley revealed that Apple and Google have made more progress on automotive projects than he had assumed.... Read More »

Renault recalls Captur diesels to fix emissions glitch

Jan. 19, 2016 09:10 CET

Renault is recalling 15,800 Captur SUVs to fix pollution-control systems and will offer voluntary emissions-system updates for about 700,000 diesel vehicles as the automaker seeks to avoid a Volkswagen-type crisis.... Read More »

VW's South Korea chief faces criminal case over emissions recall

Jan. 19, 2016 10:55 CET

South Korea plans to file a criminal complaint against the country's Volkswagen and Audi chief. It says a recall plan for emissions-cheating cars fell short of legal requirements.... Read More »

 
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