Executives

ZF to purchase TRW for $105.60 a share

Sept. 15, 2014 16:02 CET
ZF has reached a deal to buy TRW Automotive for $105.60 per share. The transaction will create the world's second-largest auto supplier with combined revenue of about 30 billion euros ($41 billion).... Read More »

 

Renault plans to build electric Fluence for Chinese brand

Sept. 15, 2014 14:55 CET
Renault plans to build its Fluence electric sedan in China for an unspecified local brand, CEO Carlos Ghosn said.... Read More »

 

Sell? Grow? IPO? Marchionne ponders Ferrari's future

12:01 am U.S. ET | Sept. 15, 2014
Sergio Marchionne rules out closer ties between Ferrari and Fiat Chrysler Automobiles as he prepares to take direct control of the independently run Italian sports car maker. But what will the Fiat Chrysler CEO do with Ferrari when he replaces longtime chairman Luca di Montezemolo next month?... Read More »

 

2014 Eurostar winner Dieter Zetsche

Sept. 15, 2014 06:01 CET
The executives chosen as 2014 Automotive News Europe Eurostars achieved success by exceeding expectations. Daimler CEO Dieter Zetsche is this year's Eurostar winner for Group CEO.... Read More »

 

Easing off on acquisitions

AutoNation adds 4 stores, but won't buy much more this year

12:01 am U.S. ET | Sept. 15, 2014
AutoNation Inc.'s deal to buy four Bellevue, Wash., luxury-brand dealerships is the company's biggest acquisition since late 2012.... Read More »

 

Ford's Hinrichs to speak at 2015 World Congress

12:01 am U.S. ET | Sept. 15, 2014
Joe Hinrichs, the executive guiding Ford Motor Co.'s high-stakes move to an aluminum-bodied F-150 pickup, will speak at the 2015 Automotive News World Congress in Detroit.... Read More »

 

Delphi's O'Neal to step down

12:01 am U.S. ET | Sept. 15, 2014
Rodney O'Neal, who led Delphi Automotive out of bankruptcy by slashing costs and reducing product lines to 33 from 131 during seven years as CEO, will stop down in March.... Read More »

 

Harbour gave it to automakers straight

12:01 am U.S. ET | Sept. 15, 2014
Automotive industry veteran James Harbour, who died Sept. 6 at age 86, developed unprecedented ways to analyze and improve manufacturing efficiency.... Read More »

 

Q&A

Tenneco cuts emissions with quick warm-up

12:01 am U.S. ET | Sept. 15, 2014
In Jan. 1, 2017, EPA's stricter Tier 3 emissions standards will kick in, affecting the 2018-25 model years. Tenneco Inc., a major supplier of exhaust systems and emissions equipment, is getting ready.... Read More »

 

Q&A

Grupo Antolin's goal: 'World's largest interiors supplier'

12:01 am U.S. ET | Sept. 15, 2014
Grupo Antolin -- already global No. 1 for vehicle headliners -- wants to become the world's largest supplier of automotive interiors. To get there Grupo Antolin, which estimates it is a top 10 interiors supplier now, will have to pass giants such as Magna International, Faurecia and Johnson Controls.... Read More »

 

KEITH CRAIN

Chairman's style was part of Ferrari

12:01 am U.S. ET | Sept. 15, 2014
Ferrari has been a unique brand. So far, it has not followed high-end competitors like Porsche into major volume expansions. Maintaining exclusivity was part of Luca di Montezemolo's vision. That will likely change now that he has resigned.... Read More »

 

Edmunds pushes dealers toward Price Promise

12:01 am U.S. ET | Sept. 15, 2014
Edmunds.com, a popular car-shopping site, intends to drop dealers unwilling to join a sales program that guarantees vehicle prices to consumers, President Seth Berkowitz said last week.... Read More »

 

Hyundai seeks boost from sporty 3-door i20

Sept. 14, 2014 06:01 CET
Hyundai hopes that a sporty three-door coupe version of its i20 will give it a boost in Europe's key subcompact segment, where the automaker's current-generation offerings have lagged behind competitors.... Read More »

 

Divine concept reflects Citroen DS's design direction

Sept. 14, 2014 06:01 CET
Citroen's DS brand is hinting at its future styling with the Divine concept car that will debut at next month's Paris auto show.... Read More »

 

LINDSAY CHAPPELL

Incentives prop up sedan-heavy strategies

12:01 am U.S. ET | Sept. 13, 2014
Take a look at who's been increasing incentives lately and you will see a larger trend in vehicle strategy for the United States.... Read More »

 

Peugeot heirs return to making pepper grinders after losing car legacy

Sept. 12, 2014 15:41 CET
The heirs of PSA/Peugeot-Citroen's founder are returning to the business of making pepper grinders -- among the first of the family's 19th century industrial activities -- in their latest move to diversify away from auto manufacturing.... Read More »

 

Ferrari to launch a 10-unit limited-edition model for the U.S.

3:36 pm U.S. ET | Sept. 12, 2014
Ferrari Chairman Luca Cordero di Montezemolo’s last public act at the helm of the Italian supercar maker will be the unveiling of a limited-edition model destined for the U.S. market only.... Read More »

 

GILLES CASTONGUAY

Montezemolo's Ferrari departure no laughing matter

4:48 am U.S. ET | Sept. 12, 2014
After Ferrari Chairman Luca Cordero di Montezemolo said he will no longer lead the sports car brand, he and Sergio Marchionne made a great show of being good friends, but they weren't fooling anyone.... Read More »

 

Audi set to add third TT variant

Sept. 12, 2014 13:21 CET
Audi has given the strongest hint so far that it intends to add an SUV/crossover derivative to its TT compact sports car lineup. An SUV variant would allow Audi to boost sales of the TT range in an increasingly popular vehicle segment.... Read More »

 

European chamber urges China to ease aftermarket rules

Sept. 12, 2014 14:03 CET
The European Union Chamber of Commerce in China has urged the nation's government to allow more competition for vehicle aftermarket service as it says current regulations are the "key driver" of the monopoly situation that has led to state probes within the auto industry.... Read More »

 

JLR will build Range Rover Evoque in China

Sept. 12, 2014 10:28 CET
Jaguar Land Rover says the Range Rover Evoque will be the first model built at the company's new China factory. The automaker also said that it may add production of its new Land Rover Discovery Sport at a later date.... Read More »

 

VW Group deliveries rise 3% in August

Sept. 12, 2014 12:29 CET
VW Group sales rose 3 percent in August as gains in Europe and China continued to offset declines in the U.S. and South America. Eight-month deliveries increase by 6 percent as group brands including Audi and Porsche increased volume.... Read More »

 

Fiat awards Ferrari Chairman Montezemolo 27 million euros severance package

Sept. 11, 2014 09:18 CET
Ferrari Chairman Luca Cordero di Montezemolo will receive a severance package worth nearly 27 million euros ($34.89 million). Montezemolo quit after clashing with Fiat Chrysler CEO Sergio Marchionne over the supercar maker's future.... Read More »

 

Ferrari will build more cars with Marchionne as chairman to keep pace with super rich

Sept. 11, 2014 16:18 CET
Ferrari will cater to growing numbers of super rich clients by building more cars than previously planned after Sergio Marchionne becomes chairman of the company. Marchionne said in May that the brand had the potential to sell about 10,000 vehicles annually, a rise of 43 percent over current figures.... Read More »

 

THE GM RECALL

GM has substantially completed vehicle recalls, Barra says

9:06 am U.S. ET | Sept. 11, 2014
General Motors has “substantially completed” its vehicle recalls, CEO Mary Barra said. “We're working hard to make sure that as new vehicles come out, they achieve even higher levels” of quality and safety, Barra told reporters in New Delhi today. “We're very focused to being industry leaders.”... Read More »

 

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