Europe

UK sales rise 6% in best March this century

April 8, 2015 11:03 CET

British new-car registrations rose by 6 percent in March to 492,774 vehicles, a record for the month this century. It was the 37th month of consecutive growth for the UK's new-car market.... Read More »

Russian auto sales plunge 43% as economy contracts

8:46 am U.S. ET | April 8, 2015

Russian car sales fell 43 percent last month, as the economy slides into recession. Sales of new cars and light commercial vehicles shrank to 139,850 units in March from 243,332 a year earlier, the Association of European Businesses in Russia said today in a statement.... Read More »

Asia-Pacific grabs bigger share of 2014 global vehicle output

2:55 pm U.S. ET | April 7, 2015

The Asia-Pacific region was the center of vehicle production again in 2014, accounting for more than half of global output, and is expected to keep grabbing a larger slice. The North American market also improved, with Mexico output jumping 10 percent.... Read More »

China gets the lion’s share of vehicle production capacity investments in 2014

7:00 pm U.S. ET | April 7, 2015

China once again captured the bulk of global investments in new or expanded vehicle production capacity last year, winning more than half of the auto industry’s total outlays earmarked to add or expand output.... 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 »

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 »

RICHARD TRUETT

BLOG: Remembering the rise and fall of MG Rover

12:01 am U.S. ET | April 4, 2015

Ladies and gentlemen, we are gathered here to pause for a moment and remember dear, old Rover.... 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 »

Germany's 9% sales rise a positive sign of Europe's continued rebound

April 2, 2015 11:45 CET

New-car sales in Germany increased 9 percent last month, the VDA industry association said. With March sales also up in other key markets such as France and Italy, the rise shows that the region's gradual recovery is continuing.... Read More »

Honda confirms Civic hatchback exports to U.S. from UK

April 2, 2015 10:36 CET

Honda confirmed it will export Civic hatchbacks to the U.S. from the UK, including the high-performance Civic Type R. The hatchback will join the Civic sedan in the automaker's North American lineup.... Read More »

ANE's April e-magazine goes live Monday

April 2, 2015 06:01 CET

The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, April 6. This month's edition looks at how PSA CEO Carlos Tavares made France's largest automaker operationally profitable again after years of huge losses.... Read More »

France, Italy, Spain sales growth in March encourages European recovery hopes

April 1, 2015 12:12 CET

New-car registrations rose in France, Italy and Spain last month, adding to signs that the European auto market is recovering. France's auto industry body, the CCFA, raised its full-year forecast for the country to a 2 percent gain, close to many predictions for Europe as a whole.... Read More »

PSA's Slovakia unit to boost output with new model

March 31, 2015 15:29 CET

PSA expects to raise annual capacity at its factory in Trnava, Slovakia, to more than 300,000 by 2017 with the production of a new Citroen model.... 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 »

ChemChina hopes to re-list Pirelli in Italy; says counterbid will hurt investors

March 30, 2015 09:14 CET

The chairman of China National Chemical Corp. (ChemChina), Ren Jianxin, said he hopes to re-list Italy's Pirelli on the Italian stock exchange. A counterbid for Pirelli would hurt the Italian firm's investors and long-term strategy, he warned.... Read More »

LUCA CIFERRI

BLOG: While others stand up, Italy stands aside

12:01 am U.S. ET | March 30, 2015

Formula One tire supplier Pirelli will have a Chinese owner, while Ferrari styling house Pininfarina could be acquired by an Indian company. Ducati, Lamborghini and Italdesign Giugiaro are already in German hands. So why isn't Italy doing what other countries are doing to protect its domestic auto sector?... Read More »

Dutch regulators raid Uber over court ruling compliance

March 27, 2015 11:41 CET

A Dutch regulatory agency raided the Amsterdam offices of ride-sharing service Uber in connection with its UberPOP unit after a court deemed it illegal in December.... Read More »

PSA picks France factory over Spain for engine production expansion

March 27, 2015 09:47 CET

PSA said it has chosen a French factory over a rival Spanish plant to expand engine production. PSA will upgrade its Tremery site to produce the turbocharged version of a three-cylinder engine already manufactured there. The plant beat out PSA's factory in Vigo, Spain, for the additional 200,000 engines a year.... Read More »

PSA, Mitsubishi cuts jobs in Russia, halt output again

March 27, 2015 11:06 CET

PSA and Mitsubishi will halt production at their joint venture plant in Russia for the second time this year and cut 100 jobs.... Read More »

Pirelli CEO sees strong future with ChemChina, no talks on counterbid

March 27, 2015 12:07 CET

Pirelli has a strong future with China National Chemical Corp. and is not talking to others about a possible counterbid, CEO Marco Tronchetti Provera said. ChemChina agreed to become the majority owner of the world's fifth-largest tire maker in an $8 billion deal. The market speculated that Bridgestone could be putting together a counterbid.... Read More »

Delphi employees killed in France plane crash

March 25, 2015 12:26 CET

Two Spain-based Delphi employees were among the 150 victims of a plane crash in a remote part of the French Alps. The employees were traveling to a meeting in Germany.... Read More »

India's Mahindra said to be in talks to buy car designer Pininfarina

7:49 am U.S. ET | March 25, 2015

Mahindra & Mahindra, India's largest maker of SUVs, is in talks to buy Italian auto design and engineering company Pininfarina SpA, people familiar with the matter told Bloomberg.... 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 »

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