WAP ANE Breaking

Porsche will consolidate sports car output in Zuffenhausen with 400 million euro investment for Boxster and Cayman production

July 15, 2014 12:57 CET
Porsche plans to consolidate production of its Boxster and Cayman sports cars at its main plant in Zuffenhausen, near Stuttgart.... Read More »

 

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Audi makes London showroom a technology showcase

July 15, 2014 06:01 CET
Audi's central London dealership has chosen a revolutionary new way for the automaker to sell not just cars but the brand itself by allowing customers to configure their vehicles on four huge powerwall screens.... Read More »

 

Audi to add shift at Hungary plant ahead of TT launch

July 15, 2014 11:28 CET
Audi will add a third shift at its car plant in Hungary in mid-August ahead of the launch of the new TT sports car.... Read More »

 

VW aims to save 5 billion euros to lift profitability

July 15, 2014 15:27 CET
VW Group plans to reduce costs at its namesake brand by 5 billion euros ($6.8 billion) by 2017 as it seeks to lift sagging profitability after efficiency gains have failed to keep pace with rising labor costs.... Read More »

 

BMW open to sharing battery technology with rivals

July 15, 2014 09:52 CET
BMW is open to sharing with rival automakers the EV battery cell technology it co-developed with Samsung SDI. Sharing the technology would reduce the cost of the battery cells -- the most expensive part of an electric vehicle.... Read More »

 

VW outsells GM in China to remain on track for repeat sales win

July 14, 2014 10:01 CET
VW outsold GM in China in the first half, keeping it on track to extend its reign as the best-selling foreign car company in the world's biggest vehicle market.... Read More »

 

BMW expects to meet global sales target of over 2 million vehicles

July 14, 2014 10:44 CET
BMW expects to meet its target of selling more than 2 million vehicles globally this year, sales chief Ian Robertson said.... Read More »

 

BMW's gamble on U.S. factory provides export windfall

July 13, 2014 06:01 CET
BMW's U.S. factory in South Carolina -- its first test of full-scale auto production outside of Germany -- has become a bona fide success. The plant is integral to the luxury brand's efforts to protect profit margins and remain ahead of rivals.... Read More »

 

VW Group sales rise 4% in June on Europe, China

July 11, 2014 10:53 CET
Volkswagen Group's global deliveries rose 4 percent in June as renewed demand in Europe and strong sales in China helped offset declines in the United States and South America.... Read More »

 

Skoda bets on new models to revive China sales

July 11, 2014 06:01 CET
Skoda is counting on new models and dealership face-lifts to boost China sales more than 10 percent by the end of the year. Skoda was one of only two mass-market foreign brands to see a decline in China deliveries last year.... Read More »

 

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Ex-Opel CEO Stracke eyes acquisitions to boost Magna Steyr's engineering unit

July 11, 2014 06:01 CET
Karl-Friedrich Stracke, Magna Steyr's head of vehicle technology and engineering, is betting on acquisitions in China. The supplier is watching the M&A market very closely, Stracke said in an interview.... Read More »

 

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Mid-sized segment forecast to hit record low this year

July 10, 2014 06:01 CET
Sales in the once-strong volume mid-sized sector are forecast to fall to less than 500,000 in western Europe this year, down from more than 800,000 in 2011, as pressure from premium alternatives mounts.... Read More »

 

Bugatti mulls hybrid follow-up to Veyron, report says

July 10, 2014 09:29 CET
Bugatti may build a hybrid successor to its 1,200-hp Veyron, sources said. The new model will beat the top speed of Bugatti's Veyron Super Sport, the sources added.... Read More »

 

Bosch sees 2014 sales growth at top end of range

July 10, 2014 19:09 CET
Bosch expects full-year sales to be at the top end of its target range, CEO Volkmar Denner said. Bosch has forecast revenue growth of between 3 and 5 percent for 2014.... Read More »

 

GM recalls nearly 30,000 Saab 9-3 convertibles

July 10, 2014 13:56 CET
General Motors is recalling almost 30,000 Saab 9-3 convertibles in the United States for a seat belt issue that has previously affected sedan models.... Read More »

 

Nissan Pulsar price undercuts VW Golf, Ford Focus

July 10, 2014 11:31 CET
Nissan has priced its Pulsar compact hatchback to undercut equivalent versions of the Ford Focus and VW Golf, the segment's top-selling models.... Read More »

 

Bentley first-half sales up 23% on China, Middle East

July 9, 2014 11:22 CET
Bentley increased six-month vehicle sales by almost a quarter on demand from China and the Middle East, keeping the brand on track for another record year.... Read More »

 

Rolls-Royce reports record H1 sales on Europe demand

July 9, 2014 06:01 CET
Rolls-Royce said its global vehicle sales rose 33 percent to a record 1,968 in the first six months, helped by strong demand in Europe.... Read More »

 

EU probes state aid for Audi's Hungary expansion

July 9, 2014 16:22 CET
The European Commission is probing state aid to Audi to expand its plant in Hungary. The commission approved aid to Porsche and BMW to expand their factories in Germany.... Read More »

 

Opel hopes fresh design will boost Corsa sales

July 9, 2014 13:05 CET
Opel/Vauxhall unveiled the first images of the upcoming Corsa subcompact, hoping the same design cues sported by most other new Opels will rejuvenate sales of the key model.... Read More »

 

Nissan will build Infiniti crossover in UK

July 9, 2014 08:20 CET
The Infiniti QX30 compact SUV will be built for global markets including the U.S. and China at Nissan's factory in England, alongside the Infiniti Q30 hatchback. Q30 production will begin in mid-2015 with QX30 output starting shortly after.... Read More »

 

Audi will 'significantly' exceed 1.6 million sales in 2014, CEO Stadler says

July 9, 2014 09:36 CET
Audi expects to "significantly" beat last year's global sales figure, CEO Rupert Stadler said, effectively lifting the brand's full-year target.... Read More »

 

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Toyota Europe boss puts profit before volume, brushes aside Nissan challenge

July 9, 2014 06:01 CET
Toyota Europe CEO Didier Leroy is not worried about Nissan's publicly stated goal of passing his company as Europe's top-selling Asian brand. Leroy puts profit before volume and he has returned Toyota's European operations back to the black.... Read More »

 

Agnellis may tighten grip on Fiat after Chrysler merger

July 8, 2014 11:43 CET
Fiat's founding Agnelli family may see its voting rights rise to 46 percent as part of a scheme to reward long-term investors after a merger with Chrysler and a listing in New York, a U.S. regulatory filing showed.... Read More »

 

Renault plans swift China production ramp up

July 8, 2014 17:32 CET
Renault plans to add more Chinese production capacity to its new joint venture with Dongfeng soon after manufacturing begins in 2016. The carmaker is currently building its first Chinese factory to produce up to 150,000 vehicles annually.... Read More »

 

Special Report
Fewer bosses, Disney savvy, $2 idea lift stores

Fewer bosses, Disney savvy, $2 idea lift stores

A Chrysler Group dealership chain is stripping away layers of management to sell cars faster. A Chevrolet-Cadillac store is enchanting customers through Disney training. Mon., July 21
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