Europe

NEWS ANALYSIS

New VW brand boss Diess needs to cut costs, boost profits

June 30, 2015 06:01 CET

Volkswagen brand will have a new boss for the first time since 2007 when former BMW development boss Herbert Diess takes control. His tasks as successor to Martin Winterkorn, who remains VW Group CEO, include reining in costs, increasing profitability and making the brand a stronger player in the U.S.... Read More »

Europe's car output may grow as China costs rise, VW exec says

June 29, 2015 12:12 CET

Automakers are returning some production to Europe from China as its cost advantage weakens, providing an opportunity for central European nations to attract investments, Martin Jahn, managing director of VW Group Fleet International, said.... Read More »

European automakers call for CO2 emissions delay

June 26, 2015 06:15 CET

The automakers' lobby group, ACEA, has asked the European Commission, the EU's executive arm, to postpone a 2025 CO2 emissions target that is currently being worked on by officials, saying the industry needs until 2030 – or about two full model cycles – to meet a new target.... Read More »

Jaguar r&d chief shuns driverless cars; says customers aren't 'cargo'

June 26, 2015 06:01 CET

Jaguar Land Rover will never make a driverless car, r&d boss Wolfgang Epple said. “We don't consider customers cargo. We don't want to build a robot that delivers the cargo from A to B,” he added.... Read More »

Automakers slam French decision on clean diesels

June 26, 2015 06:15 CET

Sales of diesel cars in France may fall after the government excluded diesel engines from the cleanest classification of vehicle pollution. Euro 6 standard diesels will not be included in the Category 1 scheme that classifies vehicles according to how much they pollute. French cities may use the ranking system to decide whether they want to ban diesels.... Read More »

German cartel office fines suppliers 75 million euros for price fixing

June 24, 2015 10:48 CET

Germany's cartel office has imposed about 75 million euros ($84.12 million) of fines on five automotive suppliers for price fixing.... Read More »

Toyota Europe's new sales boss must hold off surging Nissan

June 23, 2015 06:01 CET

Toyota's new European sales and marketing boss, Matt Harrison, faces the challenge of defeating Japanese rival Nissan's goal of becoming Europe's top-selling Asian brand. Nissan sales are surging thanks to new products while Toyota's aging lineup is holding back growth.... Read More »

AvtoVAZ chief Andersson in struggle with Soviet-era suppliers

June 23, 2015 13:23 CET

AvtoVAZ Chairman Bo Andersson is fighting back against Russian suppliers he says are hindering his efforts to improve quality and cut purchasing costs at Lada, the country's best-selling car brand. AvtoVAZ resumed production today at its plant in Togliatti after output was suspended because of problems with the supply of parts.... Read More »

Alfa Romeo readies unveiling of key Giulia midsize sedan

June 21, 2015 06:01 CET

Alfa Romeo's new Giulia midsize sedan, which will be unveiled Wednesday, is crucial to the struggling brand's revival. The Giulia will sit on Alfa's new rear-wheel/all-wheel-drive Giorgio platform and offer high-performance engines, including a Maserati-derived V-6.... Read More »

Daimler sells 15 German Mercedes dealerships to Chinese investor

June 19, 2015 17:03 CET

Daimler said it is selling 15 Mercedes-Benz dealerships in eastern Germany to a unit of China's Lei Shing Hong Group in a bid to lift profitability.... Read More »

Chinese group seeks to buy more Mercedes dealerships in Germany

June 18, 2015 11:14 CET

Lei Shing Hong, the world's largest Mercedes dealership group, is on the lookout for further sales outlets in Germany to develop techniques for operating in a mature market. After years of growth, cooling demand is forcing dealers in China to look beyond new-car sales to generate revenue.... Read More »

Car retailers face big changes, deep cuts to regain profitability

June 18, 2015 06:01 CET

Dealers can't make money by solely focusing on new cars any more, Audi's director of sales strategy says. Meanwhile, the head of analyst group ICDP says that Western Europe's car retail network needs to shrink by 20,000 stores. Both shared their views during a panel on the future of vehicle retailing.... Read More »

PSA will build Bollore electric car in France

June 17, 2015 10:43 CET

PSA/Peugeot-Citroen will build the Bollore Bluesummer electric car at its factory in Rennes, western France. The boxy convertible, which has a basic design similar to Citroen's iconic Mehari, will be sold through Citroen dealerships.... Read More »

European car sales recovery slows in May

June 16, 2015 08:59 CET

The recovery in European car sales slowed down in May as buyers' concerns about unemployment and the Greek sovereign debt crisis held back demand. Sales were also hit by fewer business days.... Read More »

Daimler to sell Mercedes dealerships to Chinese firm, report says

June 16, 2015 17:31 CET

Daimler is set to agree a deal to sell some Mercedes dealerships in eastern Germany to China's Lei Shing Hong, a German newspaper reported.... Read More »

Germany may increase support for electric cars

June 16, 2015 10:56 CET

The German government is examining increased support to help bring 1 million electric cars onto the country's roads by the end of the decade. Unlike other European countries, Germany has so far refused to provide generous EV sales incentives.... Read More »

Ford-Jaguar consortium to test driver-less pods in UK

June 16, 2015 12:30 CET

Ford and Jaguar Land Rover are teaming up with the UK government to test autonomous cars as an add-on to public transport systems. The UK Autodrive Consortium will place 40 self-driving transport “pods” in a town north of London for six months beginning in late 2017.... Read More »

GM to keep profitable JV in Russia

12:01 am U.S. ET | June 15, 2015

General Motors and AvtoVAZ will keep their profitable Russian joint venture, AvtoVAZ CEO Bo Andersson said. GM is ending sales of mainstream Chevrolet models and all Opel cars in Russia, and closing its St. Petersburg factory, after sales slumped in the country's economic crisis.... Read More »

AUTOMOTIVE NEWS EUROPE CONGRESS

Most Russian car plants are uncompetitive, AvtoVAZ CEO says

June 15, 2015 06:01 CET

Most car plants in Russia are not cost competitive because they are not producing enough vehicles, AvtoVAZ chief Bo Andersson said.... Read More »

London cab maker takes legal action over rival taxi design

June 15, 2015 15:16 CET

London Taxi Company, which builds the UK capital's iconic black cabs, is taking legal action against a low-emission alternative, saying the similar design would confuse customers.... Read More »

Porsche defeats Audi at 83rd Le Mans endurance race

June 15, 2015 12:32 CET

Porsche won the Le Mans 24-hour endurance race for the first time since 1998, defeating Audi, which triumphed in 10 of the 11 prior contests. Porsche's 919 Hybrid car took first and second places, while Audi's R18 e-tron came in third.... Read More »

AUTOMOTIVE NEWS EUROPE CONGRESS

Execs oppose a British exit from EU

12:01 am U.S. ET | June 15, 2015

The German heads of two iconic English car brands urged Great Britain to remain in the European Union during last week's Automotive News Congress here.... Read More »

Aston will decide plant site in third quarter

12:01 am U.S. ET | June 15, 2015

Aston Martin will decide on the location of its planned new plant to build the upcoming DBX crossover in the third quarter, CEO Andy Palmer said.... Read More »

Porsche, Audi, Nissan, Toyota hybrids battle at Le Mans

June 13, 2015 06:15 CET

Audi's R18 e-tron Quattro has won the Le Mans LMP1 race every year since the new hybrid powertrain rules were established in 2012, but this year it will face stiff competition from Porsche, Toyota, and Nissan.... Read More »

Czech car industry revenue rises 15% to new record in 2014

June 12, 2015 21:05 CET

The Czech car sector's revenue rose 15 percent to a record 991 billion crowns ($41 billion) in 2014, the country's Automotive Industry Association (AutoSAP) said, helped by a big increase in overall local production by automakers such as Skoda, Hyundai, Toyota and PSA.... Read More »

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