SalesIndustry: EU trade deal would lift exports 12:01 am U.S. ET | May 20, 2013 U.S. auto exports to Europe could quadruple within 15 years if regulators get rid of tariffs and adopt standard vehicle-safety rules, automaker associations say.... Read More »
Europe car sales rise for first time in 19 monthsMay 17, 2013 08:34 CET European car sales rose for the first time in 19 months on strong demand in the UK and a rebound in Germany. Registrations in April increased 2 percent to 1.08 million vehicles from 1.06 million cars a year earlier, industry association ACEA said.... Read More »
Ford aid from Spain probed by EU antitrust regulatorsMay 15, 2013 12:19 CET European Union antitrust regulators will investigate whether a 25.2 million euro ($32.71 million) grant given by Spanish authorities to Ford's factory in Valencia breached EU state aid rules.... Read More »
BMW CEO raps EU calls for stiffer car emissions goalsMay 14, 2013 13:25 CET BMW CEO Norbert Reithofer criticized calls by European Union lawmakers for tougher fuel efficiency goals by 2025, warning their demands would hurt the European industry in competition with the United States and China.... Read More »
Speed limit for new vans backed by EU Parliament committeeMay 8, 2013 06:01 CET The top speed of vans in the EU should be electronically limited to 120kph (75 mph), according to a proposal backed by the European Parliament's environment committee.... Read More »
PSA faces EU antitrust probe of restructuring plansMay 2, 2013 12:19 CET EU antitrust regulators are investigating whether a 7 billion-euro ($9.24 billion) guarantee to PSA complies with state aid rules and also ensures the automaker's long-term viability.... Read More »
BMW CEO says Europe needs at least 5 years to solve debt crisisMay 2, 2013 11:16 CET BMW's boss expects European governments to need at least five more years to overcome the region's protracted debt crisis. "I don't think that's a pessimistic assumption," CEO Norbert Reithofer said on Thursday during a conference call to discuss first-quarter results.... Read More »
EU politicians back compromise on car emission targetsApril 25, 2013 09:07 CET EU politicians have backed a compromise deal to reduce car emissions to 95g/km starting in 2020, while calling for moves to further reduce this to 68g/km to 78g/km by 2025. The agreement will also allow manufacturers to claim supercredits to partly offset the requirement for some models but sets strict limits on the number. The proposal still has to be voted on by the full European Parliament and needs the endorsement of member states.... Read More »
Dingell, Ford unite on Europe 12:01 am U.S. ET | April 15, 2013 Ford Motor Co., which wants the federal government to align U.S. vehicle standards with those of the European Union, has enlisted a longtime ally in its campaign: U.S. Rep. John Dingell, the 29-term Michigan Democrat known for his ardent backing of the domestic auto industry.... Read More »
Ford, allies in U.S. Congress make case for EU trade dealApril 10, 2013 22:17 CET Ford, which wants the U.S. government to align vehicle standards with those of the EU, has enlisted a longtime ally in its campaign: U.S. politician John Dingell, who is known for his ardent backing of the domestic auto industry.... Read More »
Ford, allies in Congress make case for EU trade deal 4:17 pm U.S. ET | April 10, 2013 Ford Motor Co., which wants the federal government to align U.S. vehicle standards with those of the European Union, has enlisted a longtime ally in its campaign: U.S. Rep. John Dingell, the 29-term Michigan Democrat known for his ardent backing of the domestic auto industry.... Read More »
Europe's automakers worried by Japan free-trade agreementApril 6, 2013 06:01 CET Europe's automakers are concerned that a proposed free-trade agreement between the EU and Japan may end up favoring their Japanese competitors.... Read More »
Opel says crash test shows new refrigerant is safeApril 4, 2013 06:01 CET Opel has found no evidence in a crash test on its new Mokka small SUV that a controversial air conditioning refrigerant could catch fire in a collision and release toxic fumes.... Read More »
Autos seen as flashpoint in EU-Japan trade talksMarch 25, 2013 14:08 CET Japan and the EU agreed to begin talks on a trade deal despite opposition from European automakers who are suspicious of how far Japan is committed to open up its market to imports.... Read More »
GREEN CARS EU needs stricter car CO2 standards to keep driving affordable, consumer body saysMarch 25, 2013 11:52 CET High oil prices will make driving a car less and less affordable unless the European Union's vehicle industry faces more stringent emissions limits than those the European Commission is battling to enforce, the body representing European consumers said.... Read More »
GREEN CARS EU industry boss defies German pressure on car coolantsMarch 21, 2013 11:30 CET The European Union's Industry Commissioner Antonio Tajani say he will enforce new rules that ban extremely potent greenhouse gases in car air-cooling systems, defying opposition from the German government and the country's automakers.... Read More »
GREEN CARS EU politicians back compromise on car emissions targetsMarch 20, 2013 12:47 CET The European Union's industry committee has backed a compromise that would give carmakers limited leeway in the race to cut CO2 emissions in line with targets while rejecting German calls for more lenient rules.... Read More »
Tougher CO2 emission limits could get EU on road to growth, study saysMarch 18, 2013 06:01 CET Proposed European legislation to cut CO2 emissions from Europe's new cars to 95g/km could create about 400,000 jobs and save tens of billions of euros in fuel costs, a study said. The European Parliament will vote on the proposals on Tuesday.... Read More »
PSA sells BNP stake for 177 million euros to boost financingMarch 15, 2013 06:01 CET PSA sold its stake in French bank BNP Paribas for about 177 million euros ($229 million) to boost financing as part of a restructuring at Europe's second-largest carmaker.... Read More »
Germany said to make new offer over EU-Daimler coolant disputeMarch 14, 2013 06:01 CET Germany has written to the EU with a new set of proposals aiming to break a deadlock over a law requiring carmakers to stop using extremely potent greenhouse gases in air cooling systems, EU sources told Reuters.... Read More »
VW takeover law ruling may lead to big EU fine on GermanyMarch 12, 2013 23:14 CET Germany may be forced to pay millions of euros in penalties by the European Union's highest court for failing to change its so-called Volkswagen law to conform to EU rules.... Read More »
Ford calls for mutual U.S.-Europe auto standards in trade dealMarch 6, 2013 14:19 CET Ford wants trade tariffs between the U.S. and Europe removed and believes the two markets' regulators should accept each other's safety and environmental standards.... Read More »
FEBRUARY U.S. AUTO SALES Sales rise modest 4% on solid light-truck demand 8:00 am U.S. ET | March 1, 2013 U.S. light-vehicle sales rose a modest 4 percent to 1.19 million units last month, with Volkswagen AG, Ford Motor Co. and General Motors setting the pace as automakers overcame severe winter weather, higher taxes and rising gasoline prices to keep the industry's recovery on track.... Read More »
Volkswagen gov't subsidy probe dropped by EUFeb. 26, 2013 12:34 CET The EU has dropped a probe into aid given to Volkswagen by Germany after the government reduced the planned subsidy for the automaker, the European Commission said today.... Read More »
Daimler says refrigerant dispute won't delay S-class launchFeb. 20, 2013 16:25 CET Daimler's summer launch of the Mercedes S class will not be delayed by uncertainty over whether the carmaker must use a new air-conditioning refrigerant. Daimler is banking on the success of the new S class, expected to hit European markets in July, to help it to offset a weak first half.... Read More »
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