Eastern EuropeRussian car sales down 8% in AprilMay 17, 2013 06:01 CET Russia's year-on-year car sales fell 8 percent in April after a decline of 4 percent in the previous month, the Association of European Businesses (AEB) said.... Read More »
Ford will build EcoSport in Russia for local marketMay 15, 2013 08:57 CET Ford's Russian joint venture will begin building the EcoSport compact SUV in Russia next year for the local market, at a time when the demand for small SUVs is gaining traction in the country..... Read More »
Ford's Russian joint venture will build engine plantMay 14, 2013 14:13 CET Ford's Russian joint venture will invest $274 million to build a new powertrain plant in Tatarstan. The plant will manufacture three different versions of 1.6-liter Duratec engines starting in December 2015.... Read More »
AUTOMOTIVE NEWS EUROPE E-MAGAZINE Kia Europe boss sees growth despite tough marketMay 9, 2013 06:01 CET Kia Europe President Brandon Yea believes the brand will continue its growth in the region this year despite tough economic conditions. Kia is sticking to its target of boosting annual sales to 420,000 by 2016 in the EU and EFTA markets from 338,000 last year. The brand's vehicle sales were up 3.5 percent in the first quarter in a market down nearly 10 percent.... Read More »
Growing Audi demand prompts TRW to boost output at new Romania plantMay 7, 2013 11:09 CET TRW will boost production at a new eastern European factory on growing demand from Audi and other automakers. The U.S. supplier plans a fivefold output boost at a steering wheel leather wrapping plant in Baia Mare, Romania, that opened in January.... Read More »
Opel to cut CO2 by 27% with new powertrainsMay 3, 2013 06:01 CET Opel/Vauxhall says new powertrains will cut its average CO2 output 27 percent by 2020, helping the automaker comply with tougher EU emissions regulations. With 13 new engines, Opel will renew 80 percent of its engine portfolio between 2012 and 2016.... Read More »
Daimler plans 300 million euro expansion in RomaniaApril 24, 2013 15:08 CET Daimler will invest more than 300 million euros to build a factory in Romania to assemble transmissions for its Mercedes-Benz brand after reaching full capacity at its main powertrain plant near Stuttgart.... Read More »
Daimler said to plan transmission plant in RomaniaApril 23, 2013 09:21 CET Daimler plans a large investment to build transmission components in Romania at the site of an existing joint venture, a German newspaper reported.... Read More »
AvtoVAZ to lower sales forecast on weak Russian marketApril 18, 2013 15:57 CET AvtoVAZ, Russia's largest carmaker, will cut its 2013 sales and production forecasts due to the weak state of its home market, the company's CEO said. "We saw a certain decline in sales in March," Igor Komarov said. "We expect that in April the [growth] result will be also negative compared to April of 2012."... Read More »
VW, BMW, Daimler plan $25 billion hedge by building more autos abroadApril 16, 2013 08:34 CET Volkswagen and its German peers are planning to spend more than $25 billion by 2017 to expand production outside their home region and insulate themselves from currency convulsions.... Read More »
Opel to push growth in Russia, Akerson tells paperApril 15, 2013 10:07 CET General Motors' Opel brand will push growth in Russia and Turkey to offset slumping European slumping business but steer clear of China, GM CEO Dan Akerson said.... Read More »
LATEST LAUNCHES CLA is halo car of Mercedes compact rangeApril 12, 2013 06:01 CET Mercedes is aiming the CLA coupe-styled four-door sedan at younger buyers, especially those in the United States and China where sedans are popular.... Read More »
Ford 1.5-liter EcoBoost engine to debut on 2014 Fusion 6:00 pm U.S. ET | April 11, 2013 When the 2014 Ford Fusion debuts this fall it will be offered with a new 1.5-liter, four-cylinder EcoBoost engine, the fifth member of Ford's EcoBoost family, Ford said Thursday.... Read More »
Ford introduces fifth version of its EcoBoost engineApril 11, 2013 23:49 CET Ford will introduce this month a 1.5-liter version of its turbo-charged EcoBoost engine. The UK-designed engine will be offered in the Mondeo in Europe and China and in the Fusion in the United States.... Read More »
Ford begins full-scale Explorer output in RussiaApril 11, 2013 22:10 CET The first built-from scratch Ford Explorer rolled off the assembly line today in Russia -- the first time an Explorer produced outside the United States didn't come from a knock-down kit.... Read More »
Ford begins full-scale Explorer output in Russia 4:10 pm U.S. ET | April 11, 2013 The first built-from scratch Ford Explorer rolled off the assembly line today in Russia -- the first time an Explorer produced outside the United States didn't come from a knock-down kit.... Read More »
Dacia says strikes may push production to MoroccoApril 10, 2013 15:05 CET Renault's Dacia unit may shift output to cheaper sites in Morocco if a pay conflict in Romania escalates. Workers at Dacia's assembly plant went on strike for two days demanding a 40 percent pay increase.... Read More »
Polish car production falls 24% in first quarterApril 10, 2013 13:31 CET Polish car production fell an annual 24 percent in the first quarter following a decision by Fiat to transfer output of its best-selling Panda minicar from Poland to Italy and layoff workers at its Tychy factory.... Read More »
PRODUCTION Weak car output hits Czech economyApril 8, 2013 11:46 CET Czech industrial production edged up in February but thinning order books show the central European country may not yet be coming out of its longest recession in two decades. The main problem has been falling car production.... Read More »
LUCA CIFERRI Germany stumbles in global sales race 12:01 am U.S. ET | April 4, 2013 Germany knows just how powerful the BRIC nations have become. Once the world’s third-largest vehicle-sales market, Germany is at risk of falling to seventh in the global ranking this year because of the rise of the BRICs (Brazil, Russia, India and China).... Read More »
NEW PRODUCT Audi aims A3 sedan at young luxury buyersMarch 27, 2013 01:00 CET Audi released the first images of its A3 sedan, a new variant of its A3 compact line that will compete for young luxury buyers with the Mercedes-Benz CLA. The sedan will mainly be aimed at customers in the United States and China where sedans are more popular than in Audi's home European market.... Read More »
PRODUCTION Fiat, Serbia said to agree deal to build cheaper 500L for domestic marketMarch 26, 2013 11:15 CET Fiat and Serbia have agreed on a subsidy deal to produce a cheaper version of the 500L minicar for domestic sales, a local newspaper reported. Under the agreement, Fiat's Serbian unit would produce the model for 10,900 euros ($14,200), which is around 3,000 euros less than its regular sticker price.... Read More »
PRODUCTION Dacia unions seek new wage deal after strike endsMarch 25, 2013 15:21 CET Dacia unions are negotiating a new work agreement at the Renault unit's plant in Pitesti, Romania, after employees resumed work on Friday following a spontaneous strike over pay.... Read More »
PRODUCTION Fiat's Serbia expects to ship up to 150,000 cars in 2013March 23, 2013 13:29 CET Fiat's Serbian factory, which will export the 500L minivan to the US, expects to deliver 110,000 to 150,000 vehicles this year after six-month orders exceeded targets.... Read More »
PRODUCTION Renault's Dacia output halted by pay strike in RomaniaMarch 20, 2013 16:45 CET Renault's Romanian unit Dacia stopped production as employees went on strike in a dispute over pay, the company said.... Read More »
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Toyota's Lentz: Camry in a 'three-horse race'Toyota's Jim Lentz says the Camry will fend off main rival Honda Accord and upstarts such as the Ford Fusion... Mon., May 20» Watch the Video |
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