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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Why Skoda's fast rise helps and hurts parent VW Group

July 6, 2015 06:15 CET

Skoda and VW brand are heading in opposite directions. Skoda's car sales rose to a record last year and its profit margin was 7 percent, far higher than VW's 2.5 percent. Now Skoda's success is attracting the wrong kind of attention at VW Group headquarters in Wolfsburg.... Read More »

New Honda CEO Hachigo wants exciting cars, maximum capacity use

July 6, 2015 08:39 CET

Honda's new CEO, Takahiro Hachigo, aims to reboot the automaker by developing more exciting cars, steering clear of numerical targets and maximizing use of the company's overseas production to soak up global overcapacity.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Check out the ANE e-magazine for July

July 6, 2015 06:01 CET

The latest issue of the Automotive News Europe e-magazine is ready for you to view. This month's edition looks at why Skoda's rising sales and profits both help and hinder its parent, VW Group.... Read More »

A new Suzuki leader for a new era

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

Toshihiro Suzuki, tapped June 30 as president of Suzuki Motor Corp., is a different leader for a different era. A wallflower next to his father Osamu, Toshihiro says he has no intention of sitting as long at the helm as the chairman CEO.... Read More »

Obituaries

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

Former Ford Motor Co. President Philip Benton died June 14. He was 86.... Read More »

Giugiaro steps aside; Audi takes over

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

Legendary car designer Giorgetto Giugiaro, whose work includes the original Volkswagen Golf and first Fiat Panda, last week resigned from Italdesign Giugiaro S.p.A., the styling and engineering company he founded in 1968.... Read More »

Austria deal to ease JLR production

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

Jaguar Land Rover has signed a contract to build vehicles at Magna Steyr's plant in Graz, Austria, to ease production constraints in the United Kingdom.... Read More »

THE SUPPLIER SPEAKS: TADASHI ARASHIMA, PRESIDENT, TOYODA GOSEI CO.

Toyoda Gosei 'on track' to loosening Toyota ties

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

Toyoda Gosei President Tadashi Arashima says his company is on track to reducing its dependence on Toyota Motor Corp., which accounts for nearly two-thirds of the Japanese supplier's annual sales.... Read More »

THE SUPPLIER SPEAKS: GUILLAUME DEVAUCHELLE, HEAD OF INNOVATION, VALEO

'Everything will be different' with self-driving tech

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

Autonomous driving will become Valeo's main growth driver by 2020, says Guillaume Devauchelle, who is head of innovation at the French supplier. Valeo expects to combine its expertise in sensors, radar and other technologies to play an integral role in automakers' development of autonomous vehicles.... Read More »

Ferrari's value to exceed $11 billion in IPO, Marchionne says

2:04 pm U.S. ET | July 3, 2015

Fiat Chrysler's CEO expects the company's Ferrari supercar unit to be valued "at least" at $11 billion in an initial public offering scheduled for year end.... Read More »

Honda to make English official language by 2020

6:57 am U.S. ET | July 3, 2015

Former Honda Motor Co. CEO Takanobu Ito famously said five years ago that it was “stupid” to make English the official work language of a Japanese company. Now that he’s left the building, however, Japan’s No. 3 carmaker is changing its tune.... Read More »

Skoda may outsource non-core services

July 3, 2015 06:15 CET

Skoda says it is examining whether to outsource certain parts of its non-manufacturing business such as peripheral services, and has initiated negotiations with local unions over such a move.... Read More »

Citroen will drop hydropneumatic suspension

July 3, 2015 06:01 CET

Citroen will stop selling cars equipped with its once-renowned hydropneumatic suspension system. Instead it's working on “new technologies” to ensure that a comfortable ride remains at the heart of the French brand's top models, CEO Linda Jackson told Automotive News Europe.... Read More »

ANE's July e-magazine goes live Monday

July 3, 2015 06:01 CET

The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, July 6. This month's edition looks at why Skoda's rising sales and profits both help and hinder its parent, VW Group.... Read More »

NHTSA sees FCA penalties over recall, safety shortcomings

4:14 am U.S. ET | July 2, 2015

Fiat Chrysler Automobiles is expected to face penalties by NHTSA for violating auto safety laws over its handling of recalls under federal scrutiny. NHTSA officials used a roughly three-hour hearing Thursday to detail and spotlight FCA's safety and recall shortcomings.... Read More »

Legendary car designer Giugiaro quits company that bears his name

12:42 pm U.S. ET | July 2, 2015

Legendary car designer Giorgetto Giugiaro, whose work includes the original VW Golf and first Fiat Panda, has resigned from Italdesign Giugiaro, the styling and engineering company he founded in 1968.... Read More »

Car design legend Giugiaro quits company he founded

July 2, 2015 18:42 CET

Legendary car designer Giorgetto Giugiaro, whose work includes the original VW Golf and first Fiat Panda, has resigned from Italdesign Giugiaro, the styling and engineering company he founded in 1968.... Read More »

GM fund leaves out scores hurt or killed in cars with switch flaw

10:53 am U.S. ET | July 1, 2015

GM's compensation fund for faulty ignition switches covers only 2.59 million vehicles with that specific flaw. GM says a similar defect subsequently detected in an additional 10 million vehicles is ineligible for compensation because the company recalled the cars immediately after discovering the flaw. Some victims and their advocates think GM should expand the fund for other victims.... Read More »

Toyota's top female executive, Hamp, steps down after arrest in Japan

4:34 am U.S. ET | July 1, 2015

Toyota said Julie Hamp, its first female managing officer, had resigned following her arrest last month on suspicion of illegally importing the painkiller oxycodone into Japan. Hamp, 55, notified Toyota of her intent to resign, the company said in a statement today.... Read More »

Fiat Chrysler will start Jeep output in India in 2017

July 1, 2015 16:10 CET

Fiat Chrysler will invest $280 million to begin Jeep production in India in 2017 through an expanded joint venture with Tata Motors.... Read More »

Q&A

What Tuttle-Click stores look for in lenders

11:00 am U.S. ET | July 1, 2015

Bill Paschen, finance director at Tuttle-Click Automotive Group, says the ideal lender offers aggressive programs to help sell light vehicles, help dealers make money on the back end, and is available by phone when needed. But he says most lenders still don't fully understand the importance dealers place on making money on finance and insurance products.... Read More »

Porsche labor chief joins VW board

8:41 am U.S. ET | July 1, 2015

Porsche's labor chief, who once fought a merger with Volkswagen, is joining the parent company's supervisory board as a reshuffle of positions at Europe's largest automaker continues.... Read More »

GM Korea workers approve strike over pay, output

6:57 am U.S. ET | July 1, 2015

GM employees in South Korea voted today in favor of a strike over wages and production volumes, prompted by uncertainty over the automaker's output plans as its labor costs in the country rise.... Read More »

Citroen CEO confirms next C5 for China; Europe future unclear

June 30, 2015 06:01 CET

Citroen will replace its C5 midsize model, CEO Linda Jackson told Automotive News Europe, but she would only confirm that the next-generation car would be sold in China. Jackson said there is a “question mark” over whether Citroen would sell the replacement in Europe.... Read More »

Suzuki patriarch appoints son as president and likely successor

5:50 am U.S. ET | June 30, 2015

Osamu Suzuki, the outspoken patriarch of Suzuki Motor, positioned his son Toshihiro as his successor, appointing him president and COO of the family's namesake carmaker. Osamu Suzuki will keep his positions as chairman and CEO.... Read More »

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