Automotive News Europe News Feed http://europe.autonews.com News, blogs and commentary from the leader in European automotive news en-us Tue, 9 Feb 2016 06:00:00 EST Porsche CEO says profits will be hit by EV investmentTue, 9 Feb 2016 05:02:13 ESTPorsche is bracing for smaller profit gains in the future as the sports-car maker steps up spending on models such as its first EV, CEO Oliver Blume said. Infiniti CEO calls Q30 a 'game changer' for brand; eyes adding a plug-in hybridTue, 9 Feb 2016 00:01:00 ESTInfiniti is bullish about its future in Europe. Mercedes is not chasing volume at any price, Zetsche saysTue, 9 Feb 2016 05:29:27 ESTDaimler CEO Dieter Zetsche says Mercedes will not sacrifice margins in its quest to overtake rival BMW and become the world's best-selling luxury brand. Ferrari's 'family' car gets new name, more powerMon, 8 Feb 2016 09:41:33 ESTFerrari is renaming its FF four-seat coupe as the GTC4Lusso and adding rear-wheel steering to boost the appeal of a model launched five years ago as a practical ultraluxury sports car aimed at wealthy families. VW quality chief quits amid diesel scandal falloutMon, 8 Feb 2016 11:32:01 ESTVolkswagen named company veteran Hans-Joachim Rothenpieler as head of group quality assurance, replacing Frank Tuch who held the job for six years and, according to sources, was suspended amid the automaker's emissions scandal. Russian new-car sales continue steep decline in JanuaryMon, 8 Feb 2016 09:45:12 ESTRussian new-car sales plunged 29 percent last month, extending a collapse from 2015 that is forcing the government to spend billions of rubles more to support the ailing auto industry. Emissions lies haunt VW as automaker faces tougher U.S. Justice DepartmentMon, 8 Feb 2016 08:18:20 ESTVW's emissions-cheating software has not directly been responsible for any deaths, yet the U.S. Justice Department may treat it more harshly than General Motors and Toyota, two automakers whose vehicles have killed people. PSA will pay Iran partner $446 million compensation for quitting market, report saysMon, 8 Feb 2016 05:28:01 ESTPSA will pay its Iran partner $446 million in compensation for losses incurred after it quit the country due to sanctions, the Iranian company told a local news agency. VW will offer U.S. diesel scandal customers generous compensation, paper saysSun, 7 Feb 2016 08:16:40 ESTVolkswagen will offer generous compensation packages for the roughly 600,000 U.S. owners of diesel vehicles that emit an illegal amount of emissions, Ken Feinberg, the head of its claims fund, told a German paper. VW delays 2015 earnings report until April due to diesel scandalSun, 7 Feb 2016 07:52:37 ESTVolkswagen said it will publish its annual results as soon as April and may hold its annual shareholders' meeting in early June, four to six weeks later than scheduled as the company determines the financial fallout from the diesel emissions scandal. VW's Seat readies unveiling of its first SUVSun, 7 Feb 2016 00:01:00 ESTVW Group's Seat brand this week will unveil its first SUV as the struggling brand seeks to benefit from a booming segment in Europe. Automakers survive EU politicians' backlash on emissions for nowSat, 6 Feb 2016 00:01:00 ESTIntense lobbying by Europe's car manufacturers helped to save a compromise that will let automakers exceed EU pollution targets for now, but the narrowness of their victory shows that politicians are running out of patience. BMW's laser headlights showcase Osram's mass-market goalsSat, 6 Feb 2016 00:15:00 ESTGerman supplier Osram is equipping BMW 7-series sedans with laser headlight modules, marking a move to the mass-market for the technology, which is already available on BMW's i8 plug-in hybrid suprcar and Audi's R8 LMX sports car. Alfa Romeo, Maserati get new tech chief amid product launch delaysFri, 5 Feb 2016 05:53:15 ESTFiat Chrysler has lured former Ferrari chief engineer Roberto Fedeli back from BMW as the automaker faces technical challenges that have delayed the Alfa Romeo Giulia and Maserati Levante launches. VW delays 2015 results due to open issues on emissions Fri, 5 Feb 2016 08:34:21 ESTVolkswagen said its emissions scandal will delay its publication of last year's results, as the automaker struggles to determine the financial impact of its cheating. Volvo bets on wagons with V90 despite SUV boomFri, 5 Feb 2016 00:01:00 ESTVolvo will show its commitment to station wagons, whose sales are being hit by the global boom in SUVs, when it unveils its new V90 later this month. Mercedes sales rise 20% in Jan. on strong China demandFri, 5 Feb 2016 07:13:25 ESTSales of Mercedes brand cars increased by 20 percent in January to 150,814, buoyed by a 52 percent jump in China sales. Mahindra mulls Pininfarina-designed premium carFri, 5 Feb 2016 08:41:30 ESTMahindra has begun talks with Pininfarina, the Italian design house it agreed to buy in December, to build a premium car for the Indian market. VW launches ad campaign without 'Das Auto' sloganFri, 5 Feb 2016 00:01:00 ESTVolkswagen is launching an advertising campaign in Europe this month that will also roll out globally aimed at winning back trust and sales lost through its diesel emissions-cheating scandal. Renault-Nissan reports record EV sales in 2015 despite drop in Leaf demandFri, 5 Feb 2016 05:37:49 ESTRenault-Nissan said global sales of battery-powered vehicles rose 2.5 percent to a record 84,754 last year even though there was a slowdown in demand for the Nissan Leaf, the world's best-selling electric vehicle. Toyota quarterly net income rises 4.7% to $5.4 billionFri, 5 Feb 2016 03:23:10 ESTToyota posted a 4.7 percent gain in quarterly net income and raised its full-year profit forecast slightly due to strong demand in the U.S. Western European car sales rise 6% on Spain, Italy reboundFri, 5 Feb 2016 00:01:00 ESTWestern European car sales rose nearly 6 percent in January as the southern markets of Spain and Italy continued to lead demand with double-digit growth. Auto sector ends 2015 on a highFri, 5 Feb 2016 00:01:00 ESTThe European auto industry ended last year with strong gains in shareholder value across the board at automakers, suppliers and retailers, according to the latest Automotive News Europe/PricewaterhouseCoopers Transaction Services Shareholder... PSA plans to cut 850 jobs at French factory, report saysFri, 5 Feb 2016 05:04:31 ESTPSA/Peugeot-Citroen plans to cut the night shift and 850 jobs at its Poissy factory near Paris to adapt to lower output levels as production of the Citroen C3 is moved to Slovakia next year, Reuters reported. Daimler earnings surge 22% on new modelsThu, 4 Feb 2016 03:44:41 ESTDaimler's fourth-quarter operating profit surged by 22 percent, lifted by demand for SUVs, compact cars and sales of its C class. The company, however, warned of slower growth in 2016 as China cools. VW brand sales fall again in UK as market grows 3%Thu, 4 Feb 2016 05:06:25 ESTVW brand's UK car sales fell 14 percent in January, the fourth consecutive monthly drop since the automaker admitted cheating in diesel emissions tests. Jeep, Smart, Jaguar benefit most from Europe's forecast-beating 2015 salesThu, 4 Feb 2016 00:01:00 ESTJeep, Smart and Jaguar were the biggest winners last year in Europe, where overall vehicle sales rose 9 percent, exceeding initial analyst expectations of 3 percent growth at most. Ford will cut jobs in Europe to boost profitsWed, 3 Feb 2016 04:13:37 ESTFord plans to cut white collar jobs in Europe to help lift its weak profitability in the region. Ford also said it plans to reduce its European manufacturing expenses by 7 percent. Automakers win fight for diluted EU car-pollution testWed, 3 Feb 2016 08:13:07 ESTAutomakers won their fight for a diluted EU plan for testing NOx emissions of cars under real-driving conditions. Luxury car sales surge in Russia despite crisis Wed, 3 Feb 2016 10:34:55 ESTMore and more Porsche, Bentley and Rolls-Royce cars are appearing on Russian roads as wealthy buyers take advantage of a weak ruble that means luxury cars are considerably cheaper in Russia than in the U.S. VW's sales in Germany slip amid diesel scandalWed, 3 Feb 2016 02:30:05 ESTVW, Skoda and Seat sales fell last month in Germany in a market where total registrations rose 3.3 percent. VW brand sales declined by 8.6 percent in a sign that the automaker's diesel scandal may be deterring buyers. German gov't, automakers aim for deal by March to boost EV salesWed, 3 Feb 2016 05:56:13 ESTChancellor Angela Merkel's government is pushing for an agreement within the next month together with German automakers to boost electric car sales in the country as demand for EVs fails to take off in the market. Renault-Nissan plan cheap EV for ChinaWed, 3 Feb 2016 00:01:00 ESTRenault-Nissan will develop an affordable electric car for China because the alliance's current offering, the Nissan Leaf, is too expensive for the local market. Volvo sales rise 9% in January on U.S., China demandWed, 3 Feb 2016 05:25:32 ESTVolvo sales rose 9 percent in January as deliveries of the automaker's flagship XC90 SUV helped the automaker to achieve double-digit growth in China and the U.S. Automakers' political power may sway EU pollution-test voteTue, 2 Feb 2016 06:02:30 ESTA European plan to test cars' pollution levels under real driving conditions may survive a veto threat this week, signaling that the VW cheating scandal has done little to reduce the auto industry's political influence. Ford of Europe boss outlines plan to be a consistent profit makerTue, 2 Feb 2016 00:01:00 ESTFord of Europe President Jim Farley wants the division to be a consistent profit contributor to its U.S. parent. Growth in car sales in key European markets 'encouraging' in JanuaryTue, 2 Feb 2016 05:28:40 ESTNew-car sales increased in key European markets in January including 3 percent growth in Germany and double-digit rises in Italy and Spain. Skoda set to take on Hyundai and Kia in large SUV segmentTue, 2 Feb 2016 04:12:01 ESTSkoda signaled it will expand its SUV offerings with a new model that will rival vehicles such as the Hyundai Santa Fe and Kia Sorento. VW Group's Czech brand released sketches of the VisionS large SUV concept that will debut at the Geneva auto show. Audi prepares recall of rigged diesels in GermanyTue, 2 Feb 2016 05:08:31 ESTAudi expects to begin recalling models fitted with rigged diesels in Germany next month. Audi plans to fix 580,000 cars in the country as part of a recall that will be expanded across Europe. PSA will recall 2,484 cars in Russia over possible problem with electronicsTue, 2 Feb 2016 08:18:20 ESTPSA/Peugeot-Citroen will recall 2,484 Peugeot 4007 crossovers in Russia because of possible problems with their electronics systems. Fiat Chrysler will offer new settings for diesel engines to make them cleanerTue, 2 Feb 2016 04:56:50 ESTFiat Chrysler will offer new calibrations to make its most recent generation of diesel vehicles cleaner on the road after completing an internal review of its cars following the Volkswagen Group emissions scandal. Former Opel CEO Demant retires after VW roleTue, 2 Feb 2016 00:01:00 ESTVolkswagen Group's international projects chief, Hans Demant, has retired, ending a long career that was mainly spent at General Motors' European operations where he was known as "Mr. Opel." Opel CEO on reaching breakeven in 2016: 'We can see the target now'Tue, 2 Feb 2016 00:01:00 ESTKarl-Thomas Neumann says Opel has beaten all internal targets since he arrived four years ago as CEO and this year the automaker expects to break even after more than a decade of losses. French automakers lose ground to rebounding VWMon, 1 Feb 2016 07:04:28 ESTFrench new-car registrations increased 3.5 percent in January, as Volkswagen Group appeared to shrug off the scandal over its diesel test-rigging with sales rising 12 percent, outpacing Renault and PSA/Peugeot-Citroen. Renault opens China factory amid slowing marketMon, 1 Feb 2016 04:57:10 ESTRenault launched its new factory in China, saying it still sees plenty of growth in the market where new-car demand is slowing after years of double-digit growth. Check out the ANE e-magazine for FebruaryMon, 1 Feb 2016 00:01:00 ESTThe latest issue of the Automotive News Europe monthly e-magazine is ready for you to view. This month's edition looks at how Ford and Opel plan to turn their businesses in Europe into consistent money makers after years of struggle. Renault sees strong China potential despite late arrivalSun, 31 Jan 2016 17:09:33 ESTRenault sees plenty of growth in Chinese vehicle demand, the automaker said as it prepared to cut the ribbon on its first plant in the world's biggest auto market, where demand has slowed over the past year. Porsche has no plans to go down self-driving routeSun, 31 Jan 2016 15:24:46 ESTPorsche does not plan to develop self-driving vehicles because its customers like to drive their cars themselves, CEO Oliver Blume told a German newspaper. He also said Porsche aims to offer hybrid versions of all its models including the 911. How Opel, Ford will make Europe a reliable profit source after years of struggleSun, 31 Jan 2016 00:01:00 ESTFord and General Motors' European units have both suffered tough times in recent years but 2016 looks likely to be different. GM Europe is set to break even, while Ford of Europe expects to become the money-making machine it was from 2004 until 2011. Saab name won't be revived under Chinese ownersSat, 30 Jan 2016 00:01:00 ESTSaab AB, the Swedish aerospace company that owns the Saab brand, will not allow its name or logo to be used on future models produced by National Electric Vehicle Sweden.%]