OEM Coverage

Renault wants France to back down on voting rights rise

April 17, 2015 11:07 CET

Renault urged France, its largest-single shareholder, to back down from plans to increase its voting weight in the automaker, warning that the balance of power within its alliance with Nissan was at risk. The Japanese automaker holds a non-voting 15 percent stake in Renault.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Mercedes-Maybach offers quiet luxury

April 17, 2015 06:15 CET

Mercedes has upgraded its flagship sedan by giving it a more spacious rear cabin and features such as voice amplification, extra lining to reduce wind noise and reclining rear seats to create the Mercedes-Maybach S class.... Read More »

Europe recovery continues in March

April 16, 2015 09:15 CET

European car sales increased 11 percent in March, the strongest growth in a year, as the region's improving economy fueled demand for vehicles made by automakers such as VW Group, Renault and Fiat Chrysler. Last month 1.65 million vehicles were sold in the region.... Read More »

FCA has no plans to list other brands after Ferrari

April 16, 2015 13:44 CET

Fiat Chrysler Automobiles has no plans to list any other brand from its portfolio besides luxury unit Ferrari, FCA CEO Sergio Marchionne told a shareholder meeting.... Read More »

VW to issue statement on leadership today, report says

April 16, 2015 14:41 CET

VW is expected to issue a statement on Friday following a meeting of top executives on Thursday afternoon to discuss a leadership crisis sparked by negative comments from chairman Ferdinand Piech against CEO Martin Winterkorn, according to a report.... Read More »

Winterkorn opts out of German political event

April 16, 2015 13:18 CET

VW CEO Martin Winterkorn cancelled plans to take part in a political event with Germany's ruling parties on Thursday because of meetings at the Wolfsburg-based carmaker, a Social Democratic Party official said.... Read More »

Aluminum F-150 improves crash-test rating from all-steel predecessor

9:48 am U.S. ET | April 16, 2015

The aluminum-bodied Ford F-150 has earned a better government crash-test rating than its all-steel predecessor, countering any concerns that the lighter material would result in a weaker truck and eliminating one of the Chevrolet Silverado's advantages.... Read More »

Magna to sell interiors unit to Grupo Antolin for $525 million

9:17 am U.S. ET | April 16, 2015

Canadian auto supplier Magna has agreed to sell its interiors operations to Grupo Antolin, a Spanish supplier with global operations, in a deal valued at about $525 million, Magna said today in a statement.... Read More »

LUCA CIFERRI

BLOG: Fiat meeting goes from legendary to ordinary

11:52 am U.S. ET | April 16, 2015

Fiat’s investor meetings in Italy used to be legendary. Thursday's first gathering in Amsterdam was extremely ordinary.... Read More »

Chinese conglomerate completes acquisition of Prestolite Electric

1:11 pm U.S. ET | April 16, 2015

Chinese conglomerate Zhongshan Broad-Ocean Motor has completed its acquisition of Michigan-based supplier Prestolite Electric LLC.... Read More »

Volkswagen extends Routan ignition-switch recalls

12:55 pm U.S. ET | April 16, 2015

Volkswagen is recalling 20,676 Routan minivans with potentially faulty ignition switches. It is an extension of recalls for ignition-switch defects that replaced only detent plungers, instead of the full ignition switch.... Read More »

Fiat goes Dutch with first annual investor meeting in Amsterdam

6:38 am U.S. ET | April 16, 2015

After a century of meeting in Italy, Fiat shareholders convened today in Amsterdam, swapping the company's Lingotto factory with its rooftop racetrack for a luxury hotel in the Dutch city's red light district. Only 10 investors attended the session.... Read More »

Grupo Antolin to buy Magna unit for $525 million

April 16, 2015 15:17 CET

Spain's Grupo Antolin has reached an agreement to purchase Magna International's interiors unit for about $525 million, creating what Antolin estimates will be the world's third-largest player in the consolidating sector.... Read More »

Mahindra nears deal to buy Pininfarina, sources say

April 16, 2015 14:10 CET

Mahindra & Mahindra, India's largest maker of SUVs, is in the final stages of negotiations to buy Italian design and engineering firm Pininfarina, according to people familiar with the matter, who said a deal could be reached as early as next week.... Read More »

GM is shielded from some ignition-switch suits, ruling finds

4:45 pm U.S. ET | April 15, 2015

General Motors will not have to face dozens of lawsuits accusing it of concealing an ignition-switch defect that has been blamed for more than 200 deaths and serious injuries, a federal bankruptcy judge ruled Wednesday.... Read More »

Renault summons board in response to French stake hike, report says

April 15, 2015 22:09 CET

Renault will hold an emergency board meeting today in response to France's plans to tighten its grip on the carmaker and its alliance with Nissan, a source said. France is increasing its Renault holding to 19.7 percent from 15 percent.... Read More »

VW panel to meet today on leadership crisis, source says

April 15, 2015 19:08 CET

The steering committee of VW Group's supervisory board will meet today to try to resolve a leadership crisis caused by the exposure of a rift between its CEO and chairman, a source told Reuters.... Read More »

Faurecia sales boosted by European car demand, weaker euro

April 15, 2015 18:46 CET

Faurecia said its first-quarter sales rose 14 percent, helped by currency tailwinds and a recovery in European vehicle demand.... Read More »

DAVE GUILFORD

BLOG: Why we won't 'put' credence in GM-FCA merger talk

10:26 am U.S. ET | April 15, 2015

General Motors is unlikely to entertain a merger with Fiat Chrysler after the sour end to the GM-Fiat Alliance in 2005. That's when Sergio Marchionne forced GM to pay $2 billion to avoid buying Fiat Auto.... Read More »

VINCE BOND JR.

BLOG: Honda manager says effective auto design stretches well beyond the vehicle

4:01 pm U.S. ET | April 15, 2015

The car is just one piece of the mobility pie that auto designers consider when pursuing new ideas, says Jason Wilbur, manager of Honda's Advanced Design Studio.... Read More »

VW struggle in 'diplomacy phase' as investors weigh CEO change

April 15, 2015 12:11 CET

Volkswagen's leadership crisis has burst into the open with Chairman Ferdinand Piech's public denunciation of CEO Martin Winterkorn, but the standoff is now more likely to play out behind closed doors. Piech, 77, will meet his cousin, Wolfgang Porsche, and other family members to discuss the rift his comments appear to have opened up, sources said.... Read More »

Q&A

New Black Book exec looks to help dealers close loans, leases faster

11:15 am U.S. ET | April 15, 2015

Barrett Teague, Black Book's new vice president of lender solutions, says dealership F&I managers are never far from his mind. In part that's because he's been an F&I manager himself. Teague, 43, joined Black Book on April 6. His new role is to work with lenders, but how lenders use Black Book data also has a direct effect on dealerships, he says.... Read More »

FCA sale of Ferrari stake unlikely to exceed 10% after all

8:31 am U.S. ET | April 15, 2015

Fiat Chrysler does not expect to sell more than 10 percent of Ferrari in a planned initial public offering, CEO Sergio Marchionne said today, in a change of heart from a month ago.... Read More »

Marchionne will show data supporting industry need for consolidation

11:51 am U.S. ET | April 15, 2015

Fiat Chrysler Automobiles CEO Sergio Marchionne says he will produce data to back up his ongoing calls for consolidation in the auto industry.... Read More »

Toyota investments in Mexico, China to usher in new cost-efficiency strategy

9:00 am U.S. ET | April 15, 2015

Opening its purse after a three-year expansion freeze, Toyota announced plans today to spend nearly $1.5 billion on a new factory in Mexico and a new line in China to support sales growth in key markets and underpin a global overhaul in the way it builds vehicles.... Read More »

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Matthew Welch may own Auburn Volkswagen, but the title he cherishes is “chief relationship officer.' Mon., April 13
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