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Is a focused, all-in Visteon now stable?

12:01 am U.S. ET | March 23, 2015

When Tim Leuliette steps down as CEO of Visteon Corp. late this year, he will leave behind a company working in just one major product sector: cockpit electronics. That's a radical change for Ford Motor Co.'s former in-house parts division, which had a vast, disjointed product portfolio.... Read More »

JLR chief Speth to keynote U.K. congress

12:01 am U.S. ET | March 23, 2015

Ralf Speth, CEO of Jaguar Land Rover, will be keynote speaker at the Automotive News Europe Congress on June 10 in Birmingham, U.K.... Read More »

New book details Mary Barra's big break

12:01 am U.S. ET | March 23, 2015

In Road to Power: How GM's Mary Barra Shattered the Glass Ceiling, a new book by Bloomberg reporter Laura Colby, the author suggests that a key person in Barra's career rise was Ken Varisco, her boss in the mid-1990s.... Read More »

Porsche nears a decision on 7th model line

12:01 am U.S. ET | March 23, 2015

Porsche is close to announcing plans to expand its model lineup. "In the not-too-distant future, we will present a seventh model line" that would hit the market by 2020, Porsche CEO Matthias Mueller said at the automaker's annual press conference this month.... Read More »

BMW brainstorms its next i model

12:01 am U.S. ET | March 23, 2015

BMW is weighing what type of model will join its "i" family of low-emission vehicles, said a top executive who added that the model will arrive after 2020.... Read More »

Navistar deal shows UAW president's pragmatism

12:01 am U.S. ET | March 21, 2015

The UAW's latest pact with Navistar -- including a raise for workers and changes that embrace lean manufacturing to aid the company's turnaround -- signals the pragmatic approach new union chief Dennis Williams is expected to deploy in talks later this year with the Detroit 3.... Read More »

BMW's expansion in N. America will counter cooling China

March 21, 2015 06:01 CET

BMW's decision to add a car plant in Mexico was motivated by a desire to reduce its reliance on the cooling Chinese market, CEO Norbert Reithofer said. BMW plans to build up to 150,000 cars a year at a new factory in Mexico starting in 2019.... Read More »

Nissan adds muscle to U.S. field ops

1:23 pm U.S. ET | March 20, 2015

Nissan North America Chairman Jose Munoz continues to put more power into the rising brand's US field organization, adding personnel to react faster to local dealer requests.... Read More »

Wagoner, Akerson depositions being sought by plaintiffs' lawyer

11:15 am U.S. ET | March 20, 2015

Former GM CEOs Rick Wagoner and Dan Akerson are among 96 current and ex-employees that lawyers involved in class-action lawsuits over faulty ignition switches have asked to question under oath from May through October. Neither appeared on a list of 35 scheduled depositions released Thursday by Texas lawyer Bob Hilliard.... Read More »

Audi has no plans for rival to BMW's minivans

March 20, 2015 06:01 CET

Audi development boss Ulrich Hackenberg says the automaker does not need minivans to reach its target of 2 million annual sales -- in contrast to BMW, which has launched two compact minivans to help attract family buyers.... Read More »

Barra, other GM execs to be deposed in ignition-switch case

6:19 pm U.S. ET | March 19, 2015

General Motors CEO Mary Barra is among current and former executives set to be questioned in litigation over ignition-switch defects that led to the recall of millions of vehicles. Lawyers suing GM on behalf of vehicle owners will begin taking sworn depositions on May 6, attorney Bob Hilliard said.... Read More »

Porsche seeks better 'connected car' technology, exec says

March 19, 2015 15:47 CET

Porsche is working to develop a more "connected car" that better integrates mobile technology into vehicles without distracting drivers.... Read More »

Tesla reprograms Model S to plan charging stops, ease range anxiety

3:00 pm U.S. ET | March 19, 2015

Tesla plans a software upgrade that adds two features -- Range Assurance and Trip Planner -- that automatically plan charging stops and warn a Model S driver if a road trip is likely to leave him stranded.... Read More »

Is Richard Branson's Virgin empire gearing up to take on Tesla?

1:54 pm U.S. ET | March 19, 2015

Richard Branson has slapped his Virgin brand on trains, planes, spacecraft, and (soon) cruise ships. Are cars next? The Virgin Racing team competed in the all-electric Formula E race this week in Miami, where Branson disclosed the company has teams of people working on EVs.... Read More »

Tesla free to sell cars in New Jersey as Christie signs bill

4:09 pm U.S. ET | March 18, 2015

Tesla Motors will be allowed to sell its electric cars straight to consumers in New Jersey, after Republican Governor Chris Christie signed a bill overhauling the state's dealership laws.... Read More »

BMW CEO signals core brand may lose luxury lead

March 18, 2015 14:14 CET

BMW may surrender its position as the No. 1 global premium brand by unit sales to rival Audi, although it will retain the title if sales of Mini are included, CEO Norbert Reithofer said. A push by competitors such as Audi into areas of subcompact cars, a segment where BMW does not offer a vehicle, is making it harder to retain the title, Reithofer said.... Read More »

LaSorda's venture capital fund invests in auto cyber-security firm

11:13 am U.S. ET | March 18, 2015

Tom LaSorda, the former CEO of Chrysler and Fisker, said his venture capital fund IncWell has invested in a global automotive cyber-security supplier called TowerSec. Terms of the investment were not disclosed.... Read More »

GM's Opel to exit Russia, Chevy to reduce lineup to 'iconic' models

9:10 am U.S. ET | March 18, 2015

General Motors' Opel division will exit the plunging Russian market and abandon production at its plant in St. Petersburg by the end of the year. In addition, Chevrolet will scale back its presence in Russia, selling “iconic” U.S.-built models such as the Corvette, Camaro and Tahoe.... Read More »

A French billionaire's anti-Tesla dream costs 20 cents a minute

7:12 am U.S. ET | March 18, 2015

The Tesla Model S, a sumptuous, four-door electric sedan with a sticker price of $71,000, has a waiting list that stretches to months. Vincent Bollore can get you behind the wheel of an electric with “far superior” technology this afternoon. For just 20 cents a minute.... Read More »

VW finance arm eyes record profit in 2015, CEO says

March 18, 2015 12:34 CET

Volkswagen's finance division is targeting 2015 operating profit that will not be below last year's record result of 1.7 billion euros ($1.80 billion), its CEO Frank Witter said.... Read More »

VW Chairman Piech, Porsche family on witness list in hedge-fund lawsuit

March 18, 2015 11:35 CET

VW Group Chairman Ferdinand Piech and Porsche SE Chairman Wolfgang Porsche are among 21 people who will be asked to testify by a German court in a 1.8 billion euro lawsuit filed by two U.S. hedge funds.... Read More »

Mini Superleggera roadster still under discussion, 'mini Mini' unlikely, top exec says

March 18, 2015 06:01 CET

BMW has not approved a roadster based on the Superleggera concept for its Mini brand nor a “mini Mini” that would be built with Toyota, Mini's top executive, Peter Schwarzenbauer, said.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Spain's Gestamp surged when main rivals slumped

March 18, 2015 06:01 CET

Spanish supplier Gestamp will continue along the growth path it started down when the auto industry was hit by the last financial crisis when it went on an expansion spree that boosted its operations in markets as far apart as Germany and China.... Read More »

Stakes are high for Ally's new CEO

12:01 am U.S. ET | March 17, 2015

New Ally Financial CEO Jeffrey Brown must hit the ground running. Along with a sizable to-do list, he must deal with a shrinking share of business supported by incentives from former parent GM. The decline in GM business is a long-term trend and an obvious priority for Brown.... Read More »

BMW's sales crown scrutinized as profits shrink, rivals catch up

March 17, 2015 15:58 CET

BMW's record car sales have meant big profits that have funded incentives and investment in new technologies. But competitors are catching up and profits are shrinking. Some industry observers are wondering if the "sales grow, profits look after themselves" formula still works.... Read More »

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