WAP ANE Breaking

Ford gives EVs a boost in UK car-sharing program

May 27, 2015 12:38 CET

Ford has joined automakers including BMW and Daimler in offering electric cars for short-term hire as it expands its car-sharing projects to the UK. GoDrive, which will operate in London, offers access to 50 vehicles, half of them EVs, to drive for one-way journeys throughout the city.... Read More »

Valeo expects higher sales, profits this year

May 27, 2015 12:05 CET

Valeo CEO Jacques Aschenbroich reiterated that the supplier's sales in 2015 will outpace growth in global markets. Aschenbroich expects an operating margin slightly higher than the 7.2 percent margin in 2014.... Read More »

Ford's Turkish unit halts output

May 26, 2015 08:56 CET

The Turkish unit of Ford suspended operations at one of its plants after a week-long labor dispute flared up again.... Read More »

Jaguar Land Rover profit declines most in two years

May 26, 2015 15:13 CET

Jaguar Land Rover became the latest casualty of a slowdown in Chinese auto demand, reporting its steepest drop in quarterly profit in two years after retail deliveries slumped in the world's largest vehicle market.... Read More »

GM president rebuffs Marchionne's merger talk

May 26, 2015 17:10 CET

General Motors sees no need to merge with another automaker to maintain profitability, the company's president, Dan Ammann, said. Ammann was commenting after a report said Fiat Chrysler Automobiles CEO Sergio Marchionne had sent an email to General Motors CEO Mary Barra suggesting combining the automakers.... Read More »

VW opens new China car plant despite slowing sales

May 26, 2015 10:51 CET

Volkswagen Group has expanded production in China with a new car plant despite slowing sales in the market. The $194 million factory can build up to 300,000 VW brand and Skoda vehicles a year.... Read More »

European automakers criticize new tests to weed out 'dirty diesels'

May 24, 2015 06:01 CET

European automakers voiced concern over an upcoming regulation that will require diesel car emissions to be tested under "real world" conditions.... Read More »

Jaguar Land Rover close to deciding on eastern European plant, report says

May 22, 2015 21:33 CET

Jaguar Land Rover is close to deciding on a new plant in eastern Europe that likely will build its next Defender SUV, reports said.... Read More »

Daimler boosts German plant investment as it adds two new models

May 22, 2015 15:10 CET

Daimler plans to invest 750 million euros ($834 million) to modernize its Mercedes-Benz factory in Bremen, Germany, in preparation to build two new models.... Read More »

Audi will add Q8 in 2019, electric SUV in 2018

May 22, 2015 11:35 CET

Audi today said it will begin sales of the Q8 SUV in 2019 and launch an electric-powered sporty SUV in the upper-mid segment in 2018. The company will also add the subcompact Q1 crossover next year.... Read More »

Winterkorn says it will take time to replace Piech on Audi board

May 22, 2015 16:10 CET

Audi Chairman Martin Winterkorn said finding a board replacement for Ferdinand Piech will take time. Piech quit his Audi board role along with other VW Group posts last month after a public showdown with Winterkorn.... Read More »

Audi open to others joining bid for Nokia mapping unit

May 22, 2015 15:34 CET

Audi could imagine more bidders for Nokia's HERE maps business, the automaker's research and development chief, Ulrich Hackenberg, said. Sources say Audi is working together with BMW and Daimler on an approach for the mapping business, which has drawn interest from a range of companies and buyout firms.... Read More »

Mazda, Mitsubishi and Subaru add more cars to Takata airbag recall

May 22, 2015 11:04 CET

Mazda, Mitsubishi and Subaru maker Fuji Heavy Industries said they would recall about 715,000 more cars equipped with airbag inflators made by parts supplier Takata.... Read More »

Automakers' fears grow over possible UK exit from EU

May 21, 2015 06:01 CET

A UK exit from the EU will damage the country's automotive industry, the European automakers lobby group, ACEA, warned. The comments add to concerns expressed by automakers such as Ford, BMW and Nissan about the UK quitting the 28-nation economic and political union.... Read More »

Fiat unveils new model for key compact segment

May 21, 2015 13:31 CET

Fiat unveiled the first model in its new compact car family - the Aegea sedan. The car will go on sale in Turkey starting in November followed by a rollout in 40 countries in the company's Europe, Middle East and Africa region.... Read More »

Renault may reconsider Turkey investment amid instability from strike

May 21, 2015 15:02 CET

Renault says it could reconsider investment in Turkey after a labor dispute over working conditions stopped production at its Turkish joint venture. Ford and Fiat also halted output after the dispute began last week.... Read More »

PSA, Dongfeng plan to start production in Vietnam

May 21, 2015 11:12 CET

PSA/Peugeot-Citroen and its Chinese joint venture partner Dongfeng Motor Group will open an assembly plant in Vietnam and have already begun production in Malaysia.... Read More »

PSA plans factory in low-cost Morocco, report says

May 21, 2015 17:05 CET

PSA/Peugeot-Citroen plans to build a car factory in Morocco to help increase sales in Africa, a report said. The plant would have an initial annual capacity of under 100,000 vehicles and would build vehicles from the middle to lower portion of PSA's product range.... Read More »

German carmakers team up with private equity firm to bid for Nokia map unit, report says

May 21, 2015 16:48 CET

Mercedes, Audi and BMW have teamed up with private equity firm General Atlantic to raise their chances of clinching Nokia's map unit HERE, a report said. Automakers use HERE's maps in vehicle navigation systems and are counting on them to provide crucial context for upcoming collision-detection systems.... Read More »

VW works council boss calls for cuts to management board

May 21, 2015 15:40 CET

The head of Volkswagen Group's works council, Bernd Osterloh, has called for a pared-down management structure at the carmaker following the departure of Ferdinand Piech as the automaker's chairman.... Read More »

Schaeffler Q1 profit buoyed by vehicle demand, weak euro

May 21, 2015 11:41 CET

German supplier Schaeffler reported a 3.8 percent rise in quarterly operating profit because of robust demand from carmakers in the U.S. and China as well as the effects of a weaker euro.... Read More »

Citroen creates Trip Advisor-style Web forum

May 21, 2015 06:01 CET

Citroen has launched a website where customers can rate their experiences at dealerships and workshops in France, the UK and Germany. By the end of 2016, the automaker also expects to roll out its Advisor web sites throughout Europe, Turkey, Russia, Brazil and Argentina.... Read More »

JLR sees big potential in tapping into drivers' subconscious

May 21, 2015 06:01 CET

Jaguar Land Rover may change the way it engineers its models as data from connected cars gives the automaker an insight into drivers' subconscious actions.... Read More »

Autoliv is ready to increase capacity after Takata expands recall

May 20, 2015 11:10 CET

Swedish supplier Autoliv said it was ready to boost production capacity to meet increased demand as Japanese competitor Takata recalls an additional 17 million airbag inflators.... Read More »

Ford's Turkish plant cancels shift as labor unrest hits suppliers

May 20, 2015 08:27 CET

Ford Otosan, the Turkish arm of Ford, cancelled an extra working shift, citing supply chain problems amid widening labor unrest in Turkey's automotive sector.... Read More »

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