ANE Email Tuesday

BMW sales rise 5% in March on minivan, 4-series demand

April 14, 2015 11:35 CET

BMW said sales of its core luxury brand rose 5.1 percent in March to a record 195,593 cars, thanks to strong demand for the 2-series Active Tourer minivan and 4-series coupe.... Read More »

Piech, Winterkorn to discuss VW leadership crisis, report says

April 14, 2015 10:22 CET

Volkswagen Chairman Ferdinand Piech and the automaker's CEO, Martin Winterkorn, will discuss the company's leadership crisis when they meet in the next few days, a German newspaper reported. The two executives will discuss Piech's statement that he doesn't want Winterkorn to succeed him as VW chairman, the report said.... Read More »

VW brand sales fall nearly 1% in March on weak Russia, Brazil

April 14, 2015 12:46 CET

Volkswagen Group said sales of its core VW brand fell 0.9 percent last month. "Demanding" conditions in South America, especially Brazil, along with the Russian market slump, impacted deliveries, according to sales and marketing chief, Christian Klingler.... Read More »

UK tribunal cuts fine against accountancy firm over MG Rover work

April 14, 2015 12:53 CET

A UK tribunal has cut a 14 million pound ($20.5 million) fine against accountancy firm Deloitte in relation to work done for carmaker MG Rover Group. The British automaker was put into administration in 2005 with debts of 1.4 billion pounds and the loss of 6,000 jobs.... Read More »

2015 SHANGHAI AUTO SHOW

China's Qoros says subcompact SUV has German-inspired design

April 14, 2015 10:29 CET

Chinese carmaker Qoros said its Qoros 2 concept has a "German-inspired" design. The concept for a subcompact SUV is set to become the brand's fourth model. It was created by Qoros design teams in Munich and Shanghai.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Renault Kadjar, VW Tiguan will help drive compact SUV sales past 2 million

April 14, 2015 06:15 CET

Rivalry in Europe's compact SUV/crossover segment will intensify as more brands compete with refreshed models or all-new entries such as the Renault Kadjar. By 2020 sales in the segment are forecast to double to more than 2 million.... Read More »

BMW, Mercedes probe unauthorized exports from U.S. to China

April 7, 2015 11:29 CET

Mercedes and BMW are probing unauthorized exports of vehicles from the U.S. to China, which have recently surged and threaten profit in the world's largest auto market. So-called gray imports to China have jumped since the country allowed dealers in Shanghai's free trade zone to import cars without the consent of foreign carmakers.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

PSA CEO reveals the next steps in automaker's revival

April 7, 2015 06:15 CET

PSA/Peugeot-Citroen CEO Carlos Tavares discussed the challenges the automaker needs to overcome to complete its turnaround, including boosting scale, improving net pricing and giving customers options they really value.... Read More »

LUCA CIFERRI

BLOG: How PSA's Tavares keeps his desk clean

12:01 am U.S. ET | April 6, 2015

PSA's Carlos Tavares has topped past and present CEOs Lee Iacocca, Jacques Nasser and Sergio Marchionne in an interesting category: He has the cleanest desk of any automaker CEO I have ever met.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Check out the ANE e-magazine for April

April 6, 2015 06:01 CET

The latest issue of the Automotive News Europe monthly e-magazine is ready for you to view. This month's edition looks at how PSA CEO Carlos Tavares made France's largest automaker operationally profitable again after three years of huge losses.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Bold moves, positive results highlight Tavares' 1st year as PSA boss

April 6, 2015 06:15 CET

PSA CEO Carlos Tavares has succeeded in putting the automaker back on track a year after its 3 billion euro bailout. He has returned PSA to France’s benchmark CAC-40 stock index and implemented cost cuts that helped the automobile division record its first operating profit in three years in 2014.... Read More »

Toyota's Leroy defies doubters, prepares for VW challenge

April 4, 2015 14:00 CET

When Toyota hired Didier Leroy, headhunters told the Frenchman he would never get far as a foreigner at the world's largest automaker. Starting this month, Leroy oversees the planning, building and selling of Toyotas in half the world.... Read More »

Mercedes plans Audi TT, Porsche Panamera rivals, report says

April 3, 2015 06:01 CET

Mercedes may launch rivals to the Audi TT roadster and Porsche Panamera sedan, a German auto magazine said. Mercedes aims to pass BMW as the world's top-selling premium automaker by 2020.... Read More »

Ford unveils new Galaxy minivan with fresh styling, advanced safety features

April 3, 2015 06:01 CET

Ford unveiled its latest Galaxy large minivan with a fresh design, fuel-efficient engines and advanced safety systems. The Galaxy will join the new S-Max large minivan in the automaker's freshened people-mover lineup. The seven-seat Galaxy is aimed at families while the S-Max has a broader appeal with its sporty styling.... Read More »

SsangYong aims to triple European sales, CEO says

April 3, 2015 06:01 CET

Korean automaker SsangYong aims to nearly triple its European sales this year to help offset a big slump in Russia, the company's CEO said.... Read More »

Honda will make UK plant global production hub for the Civic, move CR-V output to Canada

March 31, 2015 10:30 CET

Honda will upgrade its UK factory to turn it into a global production hub for the next-generation Civic compact car. The automaker will also transfer production of its European-market CR-V crossover from the UK to Canada.... Read More »

Hyundai names sales veteran Schmid as No. 2 in Europe

March 31, 2015 11:21 CET

Hyundai has promoted Thomas Schmid to chief operating officer in Europe. He succeeds Allan Rushforth, who quit the automaker last October to become Nissan's global sales chief.... Read More »

Mercedes pickup will be built by Nissan, report says

March 31, 2015 06:01 CET

Daimler declined to comment on a report that its first Mercedes pickup will be based on the Nissan Navara and built by the Japanese automaker.... Read More »

PSA CEO Tavares dampens talk of Fiat Chrysler merger

March 31, 2015 11:48 CET

PSA/Peugeot-Citroen will only be ready for a possible merger after it has completed its recovery plan, CEO Carlos Tavares told a newspaper, dampening speculation of a potential tie-up with Fiat Chrysler.... Read More »

Faurecia forms joint venture with China's Dongfeng

March 31, 2015 11:26 CET

Faurecia has agreed to form a joint venture with Dongfeng Motor to help increase its presence in the world's biggest car market. Faurecia is majority-owned by PSA/Peugeot-Citroen. Dongfeng has a 14 percent stake in PSA.... Read More »

VW halts output for 3 weeks at Brazil plant, union says

March 30, 2015 19:14 CET

Volkswagen has halted production at its second-largest factory in Brazil for three weeks, a local union said, as a steep decline in demand forces carmakers to manage excess capacity. VW is one of many automakers working to cut costs in the country, where sales and output are down more than 20 percent in the first two months.... Read More »

Volvo appoints Europe boss as part of global reorganization

March 24, 2015 11:43 CET

Volvo named Anders Gustafsson as head of Europe, Middle East and Africa, one of three global business regions that also include new divisions for the Americas and Asia.... Read More »

Renault reinforces quality oversight

March 24, 2015 12:09 CET

Renault aims to improve its quality and customer satisfaction ratings by moving its Americas chief, Denis Barbier, to a new role overseeing those two areas.... Read More »

Mercedes begins output of GLA engines in China

March 24, 2015 12:28 CET

Mercedes has added production of engines for the GLA compact crossover at its powertrain plant in Beijing. The automaker has now localized all engine production for the three models it produces locally with partner Beijing Automotive, that also include the C class and E class.... Read More »

Mercedes plant has highest per-hour labor cost in U.S.; VW and BMW pay least

March 24, 2015 10:42 CET

Workers at Daimler's Mercedes-Benz plant in Vance, Alabama, have the highest hourly pay among employees at U.S. car factories while Volkswagen and BMW workers earn the least, a study shows.... Read More »

 
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Special Report
Seattle VW dealer mixes metrics and fun

Seattle VW dealer mixes metrics and fun

Matthew Welch may own Auburn Volkswagen, but the title he cherishes is “chief relationship officer.' Mon., April 13
» Watch the Video