ANE Email Tuesday

Europe car sales rebound continues in October

Nov. 18, 2014 08:39 CET
European new-car sales rose 6 percent in October as volume- and premium-brand leaders including VW and BMW recorded strong gains in key markets. Year-to-date deliveries increased by 6 percent to more than 11 million vehicles.... Read More »

 

Schaeffler targets 12%-13% margin over long term

Nov. 18, 2014 12:30 CET
Schaeffler says it aims to keep its operating margin in the region of 12 percent to 13 percent over the long term as it expects the economic environment in its key markets to remain positive.... Read More »

 

As China's luxury car wave slows, foreign automakers seek domestic foothold

Nov. 18, 2014 11:18 CET
Daimler will present its new ultraluxury Mercedes-Maybach subbrand at this week's Guangzhou auto show, even as analysts warn the end is approaching for China's 10-year high-end car sales boom.... Read More »

 

Daimler, BMW cooperate on suppliers in Mexico

Nov. 18, 2014 10:17 CET
Daimler and BMW are working together to build a network of suppliers for their new factories in Mexico as both carmakers aim to take advantage of the country's tariff-free access to the U.S. market.... Read More »

 

2015 Rising Star nominations sought

Nov. 17, 2014 06:01 CET
Automotive News Europe needs your help to identify the Rising Stars in the European automotive industry. The award honors executives with a pan-European profile who have driven change, fostered innovation and made courageous decisions.... Read More »

 

Toyota aims to replicate Prius success with fuel cell Mirai

Nov. 17, 2014 04:12 CET
Toyota will introduce its first mass-market fuel cell car next month, hoping to replicate the success of its Prius hybrid with a vehicle that runs on hydrogen instead of gasoline.... Read More »

 

BMW sees popularity of sports cars waning as customer tastes change

Nov. 11, 2014 12:00 CET
BMW says sports car sales may never reach pre-recession levels again as changing tastes among rich customers in China and other emerging markets hits demand. In Europe and North America, sports car demand has been hit too by growing sales of SUVs and crossovers.... Read More »

 

VW brand sales fall on Latin America, Russia

Nov. 11, 2014 11:23 CET
Volkswagen said sales of its core passenger-car brand slipped 0.4 percent in October to 517,400 vehicles, weighed down by declines in Latin America and Russia.... Read More »

 

BMW Group deliveries rise 11% on China demand

Nov. 11, 2014 11:05 CET
BMW Group vehicle sales increased by 11 percent in October on strong demand from China, which helped 10-month deliveries rise 7 percent to 1.71 million, keeping the automaker on course to reach 2 million sales this year.... Read More »

 

DOUGLAS A. BOLDUC

How to humanize autonomous driving

12:01 am U.S. ET | Nov. 11, 2014
Self-driving cars are coming, but few people will hand over control to the vehicle unless the computer can match the way they like to drive. That's why experts already envision a world in which drivers pick the kind of self-driving experience they want.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Tesla, BMW, Nissan help boost EV sales in Europe

Nov. 11, 2014 06:15 CET
Helped by new entries such as the BMW i3 and Tesla Model S, the market for electric cars in Europe may rise to 150,000 with a "high scenario" of 250,000 by 2020 in a total global market forecast to be 19.3 million, analysts LMC Automotive predicts.... Read More »

 

CAR CUTAWAY

Marelli helps optimize Alfa 4C's transmission

12:01 am U.S. ET | Nov. 11, 2014
Magneti Marelli supplies the Alfa Romeo 4C roadster with the technology that helps optimize the performance of its six-speed dual-clutch transmission.... Read More »

 

2015 Rising Star nominations sought

Nov. 10, 2014 06:01 CET
Automotive News Europe needs your help to identify the Rising Stars in the European automotive industry. The award honors executives with a pan-European profile who have driven change, fostered innovation and made courageous decisions.... Read More »

 

Nissan profit rises as record U.S. sales offset China slowdown

Nov. 4, 2014 10:46 CET
Nissan reported a slight increase in quarterly profit as record U.S. sales dulled the effect of a slowdown in China and continuing problems in Russia. The company also narrowed its loss in Europe.... Read More »

 

BMW profit rises 17% as SUV demand outpaces EVs, Mini

Nov. 4, 2014 08:27 CET
BMW said third-quarter earnings before interest and tax rose 17 percent as demand for its SUVs more than offset slow sales of its electric cars and Mini brand. The automaker stuck to its forecast for a "significant" increase in 2014 pretax profit.... Read More »

 

Volvo sales up 13% on strong China, Europe demand

Nov. 3, 2014 17:52 CET
Volvo said its vehicle sales rose 13 percent in October, logging a 16th straight month of growth on the back of strong demand in China and Europe.... Read More »

 

Italy car sales increase 9% in October

Nov. 3, 2014 18:16 CET
New-car sales in Italy rose 9 percent in October. Fiat Chrysler Automobiles' share of the market dropped slightly.... Read More »

 

Spain sales rise for 14th month in a row

Nov. 3, 2014 12:50 CET
Spain's new-car sales rose 26 percent in October -- the country's 14th consecutive month of growth -- as a government subsidy program continued to stimulate demand. The subsidy program was extended for the sixth time in June.... Read More »

 

French sales dip 4% on economic gloom

Nov. 3, 2014 10:44 CET
French car sales fell 4 percent in October as consumers put off big purchases amid weakening economic confidence. The CCFA industry body says it will review its 2 percent full-year growth forecast.... Read More »

 

Hella IPO valued at up to 3.1 billion euros

Nov. 3, 2014 15:23 CET
Hella, a German manufacturer of auto headlights and electronics, will have a market value of 3.1 billion euros ($3.9 billion) if it sells shares at the top of its target price range in a flotation next week.... Read More »

 

Daimler opens China r&d center to help Mercedes close gap with Audi, BMW

Nov. 3, 2014 14:55 CET
Daimler has opened an r&d center in Beijing tasked with further tuning its Mercedes brand to wealthy Chinese tastes and closing the sales gap with Audi and BMW.... Read More »

 

VW will halt Russia output as sanctions, weak ruble hit demand

Nov. 3, 2014 13:52 CET
VW will halt production in Russia again as Western sanctions and the weak Russian ruble keep hurting auto demand. VW is shutting its factory in Kaluga for five working days through Nov. 7.... Read More »

 

Audi profit margin slips as new plants in Mexico and Brazil offset sales gains

Nov. 3, 2014 11:30 CET
Audi's profitability slipped during the third quarter as spending on new factories and models outweighed gains from record sales. Audi is spending more than $1.3 billion on plants in Mexico and Brazil.... Read More »

 

VW to launch more than 20 EVs, plug-ins in China

Oct. 28, 2014 15:53 CET
Volkswagen Group said it will launch more than 20 electric vehicles and plug-in hybrids in China by the end of 2018, as it capitalizes on Beijing's support for low-emission vehicles in the country's campaign against pollution.... Read More »

 

Hyundai Europe to add ix25 small SUV, source says

Oct. 28, 2014 15:36 CET
Hyundai will sell a version of the ix25 subcompact SUV in Europe and the U.S. starting in 2017, a company source told Automotive News Europe. The move would give Hyundai a competitor in Europe's booming small SUV segment.... Read More »

 

 
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