Global

Spain's car-sales growth slows as latest phase of subsidies end

May 4, 2015 13:20 CET

Spanish new-car sales rose 3.2 percent last month, down from a 41 percent rise in March as the latest phase of a government subsidy scheme came to an end at the beginning of April. The government is expected to further extend the scheme which has resulted in 20 straight months of growth in the market.... Read More »

French vehicle sales rise 1.8% in April

May 4, 2015 11:03 CET

French vehicle sales rose 1.8 percent in April with Renault's performance outpacing its peer PSA/Peugeot-Citroen. The figures confirm the positive trend so far this year, which led industry association CCFA to upgrade its annual forecast from flat to 2 percent growth.... Read More »

CHRISTIAAN HETZNER

BLOG: Good news for Europe's late arrivers in China

12:01 am U.S. ET | May 4, 2015

Late-arriving European brands in China such as Renault, Fiat and Jaguar have reason to be optimistic because most Chinese customers are ready to leave their current brands.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

How European automakers aim to keep winning in China despite market's slowdown

May 4, 2015 06:01 CET

Foreign carmakers face a tough battle in China as double-digit volume gains and fat profit margins recede and Chinese automakers make inroads into profitable segments. To combat the challenges, Volkswagen and others are focusing on low-emission models, budget vehicles and local production.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Check out the ANE e-magazine for May

May 4, 2015 06:01 CET

The latest issue of the Automotive News Europe e-magazine is ready for you to view. This month's edition looks at what European automakers plan to do to keep winning in China despite the normalization of the market's growth.... Read More »

HANS GREIMEL

Detroit has little to gain from free trade with Japan

12:01 am U.S. ET | May 4, 2015

Detroit's automakers have little to gain by having Japan in the Trans-Pacific Partnership free-trade pact, even if the U.S. wins auto import concessions from Tokyo.... Read More »

Germany's Brose expects China sales to rise 50% by 2020

May 1, 2015 06:01 CET

German supplier Brose Group expects its annual sales in China will grow by 50 percent by 2020, as the company undergoes a period of expansion in the country.... Read More »

ANE's May e-magazine goes live Monday

May 1, 2015 06:01 CET

The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, May 4. This month's edition looks at what European automakers plan to do to keep winning in China despite the normalization of the market's growth.... Read More »

Lotus to build SUV in China for Europe, possibly U.S.

April 29, 2015 16:25 CET

Lotus plans to build its first SUV in China and export it to Europe and possibly the U.S. The British sports car maker aims to launch the SUV in 2019. The vehicle will compete against models such as the Porsche Macan.... Read More »

Automakers welcome mandatory fitment of eCall in EU

April 29, 2015 10:43 CET

Automakers welcomed a new law that all cars and light vans in the EU will have to be fitted with automatic emergency calling devices starting in 2018. The so-called eCall device will automatically alert the nearest emergency center in the event of a crash.... Read More »

Hella says its finance chief will leave

April 29, 2015 11:41 CET

Hella, a German manufacturer of auto headlights and electronics, said its finance chief Wolfgang Ollig had asked that his contract not be renewed when it runs out in mid-2016.... Read More »

Ally pushes to make up for lost GM lease business

8:01 am U.S. ET | April 28, 2015

Ally Financial is responding to GM pulling its subsidized lease business by getting more aggressive in near-prime and subprime loans, and by courting dealers harder than ever, especially non-GM and non-Chrysler dealers.... Read More »

LINDSAY CHAPPELL

BLOG: The president should have said 'Mexico'

11:23 am U.S. ET | April 28, 2015

Is China really the competitive threat that will spur Congress to sign off on the proposed new free-trade pact with Japan and other Asian nations?... Read More »

Denso forecasts profit growth on higher Asia sales

11:10 am U.S. ET | April 28, 2015

Denso, the world's second-biggest auto supplier based on revenue, forecast a 7 percent rise in operating profit for the year ahead, citing an anticipated rise in Asian sales.... Read More »

Francois to speak at congress

12:01 am U.S. ET | April 27, 2015

Olivier Francois, FCA's chief marketing officer who has been the driving force behind several highly praised and high-impact advertising campaigns in Europe and the United States, will speak at the Automotive News Europe Congress on June 10 in Birmingham, England.... Read More »

Piech, Wiedeking unlikely to testify in hedge-fund case against Porsche SE

April 27, 2015 15:20 CET

Hedge funds involved in a legal fight against Porsche SE seemed to score a victory when a German court asked 21 people, including former VW Chairman Ferdinand Piech and ex-Porsche CEO Wendelin Wiedeking, to testify. Most of the witnesses will likely assert their right not to testify.... Read More »

Hyundai to create shareholder-rights group after land deal irks investors

7:23 am U.S. ET | April 27, 2015

Hyundai Motor will establish a committee to represent shareholder interests when the board makes key decisions such as acquisitions, heeding calls from investors angered over a $10 billion land purchase last year.... Read More »

Peugeot family to meet over future of its PSA stake, report says

April 27, 2015 11:27 CET

The Peugeot family plans to hold a meeting in June to work out its differences over the future of its 14.1 percent stake in PSA/Peugeot-Citroen, a newspaper reported today.... Read More »

Geely will expand UK site to build low-emission taxis

April 27, 2015 06:15 CET

The Chinese-owned UK factory that builds the iconic London black taxi will be expanded to boost output tenfold, including production of low-emission plug-in hybrid taxis.... Read More »

SHANGHAI AUTO SHOW: PRICED TO SELL

China's cheap car strategy for the U.S.

12:01 am U.S. ET | April 27, 2015

Wu Song, boss of China's Guangzhou Automobile, says his cars need to be 30 percent cheaper than rivals to make it in America. If everything goes his way, GAC will test his pricing strategy with the U.S. launch of its GS4 crossover in 2017.... Read More »

To EV or not to EV: The China question

12:01 am U.S. ET | April 27, 2015

As automakers race to comply with China's increasingly stringent emissions rules, they are conflicted about the best electric-vehicle strategy and about whether the Beijing government is sufficiently supporting its avowed desire to see more EV sales.... Read More »

VW C Coupe GTE will be brand's low-emissions flagship in China

April 25, 2015 06:15 CET

VW plans to launch a production version of the C Coupe GTE plug-in hybrid concept in China, where it will be the flagship of the automaker's low-emissions lineup.... Read More »

Bitter rivals at home, GM and Ford taking different roads abroad

12:01 am U.S. ET | April 25, 2015

General Motors and Ford, Detroit's two venerable rivals, usually compete toe-to-toe in everything they do. But in Russia, they are headed in radically different directions.... Read More »

Booming Ford banks on China product blitz

12:01 am U.S. ET | April 25, 2015

Ford, on a rampage in China, aims improve on its 4.3 percent market share in China this year by outpacing the market's expected 7 percent growth with an onslaught of new product, including a Taurus flagship sedan and a clutch of performance cars to burnish the brand's image.... Read More »

Volvo will build new compacts in Belgium, CEO says

April 24, 2015 14:57 CET

Volvo will build a new family of compact cars on a common platform shared with parent Zhejiang Geely at its Belgian factory, CEO Hakan Samuelsson said. The compacts may also be built in China, the CEO said.... Read More »

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