Eastern Europe

VW keeps to Russia growth plan as Europe weighs sanctions

March 20, 2014 16:52 CET
Volkswagen CEO Martin Winterkorn says the carmaker will stick with ambitious expansion plans in Russia even as European leaders consider sanctions over the country's seizure of Crimea.... Read More »

 

BMW's finance chief sees risks to group's Russia business

March 20, 2014 11:58 CET
BMW CFO Friedrich Eichiner said any worsening of the crisis between Ukraine and Russia would jeopardize the company's outlook.... Read More »

 

Daimler adds 3rd shift in Hungary to hike Mercedes CLA output

6:09 am U.S. ET | March 19, 2014
Mercedes is adding a third shift at its Kecskemet plant in Hungary, which builds the B class and CLA models, to keep up with demand for its compact cars.... Read More »

 

Daimler adds third shift in Hungary to meet compact-car demand

March 19, 2014 12:09 CET
Mercedes is adding a third shift at its Kecskemet plant in Hungary, which builds the B class and CLA models, to keep up with demand for its compact cars.... Read More »

 

Volkswagen restructures production; new Polish factory to open in 2016

March 18, 2014 14:33 CET
Volkswagen is shuffling its European production, adding a new van plant in Poland and rearranging output of the VW Tiguan, Porsche Panamera and Porsche Cayenne models.... Read More »

 

GABE NELSON

Fallout from Ukraine crisis weighs on VW

12:01 am U.S. ET | March 14, 2014
The Ukraine crisis has led to a sharp depreciation of the ruble, making imported cars more expensive for Russians. That is bad news for VW.... Read More »

 

Russian car slump slows on weak ruble

March 12, 2014 12:33 CET
Russian new-car sales fell 2 percent in February, which was an improvement on a 6 percent drop in January, as a sliding ruble encouraged consumers to place orders.... Read More »

 

Ford, GM, Renault fear Ukraine crisis may hit key Russian market

March 4, 2014 12:29 CET
Top executives from Ford, General Motors, Renault and other global automakers said they're watching with keen interest the impact on automotive markets from Russia's territorial dispute with neighboring Ukraine.... Read More »

 

Carmakers worry emerging markets gloom could overshadow European recovery

March 4, 2014 11:40 CET
Renault has trimmed its growth forecast for the global car market this year, in a sign that the industry is becoming increasingly worried about volatile emerging markets even as demand in Europe starts to pick up.... Read More »

 

Ford, GM, others monitor Russian dispute with Ukraine

6:29 am U.S. ET | March 4, 2014
Top executives from Ford, General Motors, and other global automakers said they're watching with keen interest the impact on automotive markets from Russia's territorial dispute with neighboring Ukraine.... Read More »

 

China's Changan to assemble vehicles in Russia and Iran

Feb. 28, 2014 10:23 CET
China's Changan Automobile, a major state-owned automaker, plans to build complete knockdown plants in Russia and Iran to increase its exports, according to local media and the company.... Read More »

 

Porsche founder's legacy hits Nazi past in Czech hometown

Feb. 28, 2014 06:01 CET
Ferdinand Porsche created the first hybrid more than 100 years ago and designed the original Volkswagen Beetle. Those achievements haven't counted for much in his hometown.... Read More »

 

Porsche founder's legacy hits Nazi past in Czech hometown

9:15 am U.S. ET | Feb. 27, 2014
Ferdinand Porsche created the first hybrid more than 100 years ago and designed the original Volkswagen Beetle. Those achievements haven't counted for much in his hometown.... Read More »

 

Porsche founder's legacy hits Nazi past in Czech hometown

Feb. 27, 2014 15:15 CET
Ferdinand Porsche created the first hybrid more than 100 years ago and designed the original Volkswagen Beetle. Those achievements haven't counted for much in his hometown.... Read More »

 

Russia's AvtoVAZ reports 2013 loss on market slump

Feb. 18, 2014 12:02 CET
Russia's AvtoVAZ, which builds Lada cars, reported a loss of 6.9 billion rubles ($196 million) for 2013 due to a slump in the country's auto market.... Read More »

 

GM to expand Opel diesel-engine plant in Poland

Feb. 11, 2014 13:28 CET
General Motors will spend $342 million on expanding its Opel engine plant in Poland for a new 1.6-liter four-cylinder diesel unit.... Read More »

 

GM to spend $342 million expanding Opel diesel-engine plant in Poland

7:28 am U.S. ET | Feb. 11, 2014
General Motors will spend 250 million euros ($342 million) expanding its Opel diesel-engine plant in Tychy, Poland, as the carmaker seeks to return to profit in Europe.... Read More »

 

Russian car sales fall 6% in January amid weak economy

Feb. 10, 2014 15:41 CET
Russian vehicle sales got off to a poor start in 2014, falling 6 percent in January. Full-year deliveries may decline 2 percent, delaying the country's bid to pass Germany as Europe's No. 1 market.... Read More »

 

Ford to pause Romanian B-Max output again in February, report says

Feb. 5, 2014 12:02 CET
Ford will halt production of the B-Max small minivan at its Romanian car factory for four days this month because of continued low demand, a report said.... Read More »

 

China's Guangzhou plans to assemble cars in Russia

Jan. 29, 2014 13:17 CET
China's Guangzhou Auto will start assembling vehicles in Russia and Iran using complete knockdown kits shipped from China. The move is part of a wider plan to push into emerging markets this year that includes the start of vehicle exports.... Read More »

 

GKN Driveline to open first Russia plant

Jan. 28, 2014 06:01 CET
UK supplier GKN Driveline will start production at its first plant in Russia next year. Suppliers are being drawn to Russia by automakers that hope to capitalize on forecast growth.... Read More »

 

Lada-maker AvtoVAZ to cut 7,500 jobs as Russian car market slows

Jan. 23, 2014 17:26 CET
Russia's biggest carmaker, AvtoVAZ, will cut 11 percent of its work force to maintain profitability as economic stagnation hurts the domestic car market, CEO Bo Andersson said.... Read More »

 

VW will build Crafter van in Poland after ending Daimler tie-up, report says

Jan. 22, 2014 12:41 CET
VW will build its Crafter van in Poland after ending a partnership with Daimler, a German newspaper reported. Currently, Daimler builds the Crafter alongside the Mercedes Sprinter in Germany.... Read More »

 

Russia to support domestic car industry with subsidy program

Jan. 21, 2014 06:15 CET
Russia plans to support its struggling auto industry with subsidies of up to 271 billion rubles ($8 billion) in the three years to 2016.... Read More »

 

TRW will add Romania plant on airbag demand

Jan. 20, 2014 06:01 CET
TRW will open a new airbag sewing factory in Romania to meet anticipated growth in demand for airbag cushions over the next five years.... Read More »

 

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