Automotive News Europe News Feed http://europe.autonews.com News, blogs and commentary from the leader in European automotive news en-us Fri, 2 Dec 2016 06:00:00 EST Rolls-Royce previews its first SUV as road tests startFri, 2 Dec 2016 08:19:36 ESTRolls-Royce released pictures of the prototype that will be used to develop the brand's first SUV-styled vehicle due to launch in 2018. The prototype will now be tested under winter and desert conditions. German sales gain nearly 2% as market heads for six-year highFri, 2 Dec 2016 06:23:48 ESTGerman new-car sales rose by nearly 2 percent in November. Full-year sales are headed for their strongest growth in six years, the VDA industry association said. Rental company demand boosts Spain salesFri, 2 Dec 2016 04:37:48 ESTSpanish new-car sales rose 14 percent in November pushed by strong demand from businesses and car rental companies. Italian sales jump 8% on business demandFri, 2 Dec 2016 04:14:10 ESTItalian new-car sales rose 8.2 percent in November as business buyers rushed to benefit from tax breaks ending in December. ANE's December issue goes live MondayFri, 2 Dec 2016 00:01:00 ESTThe latest issue of the Automotive News Europe monthly magazine goes live on Monday, Dec. 5. The new edition looks at what Chinese automakers have done to put themselves in position to succeed in Europe after a decade of failures. Volvo picks McDonald's exec as first chief digital officerThu, 1 Dec 2016 13:33:50 ESTVolvo has named Atif Rafiq its first chief digital officer, luring the longtime Silicon Valley executive from McDonald's, where he built the fast food giant's digital unit from scratch. Rafiq, who starts Jan. 2, will succeed Klas Bendrik. Porsche CEO expects annual sales of 20,000 for brand's first EVThu, 1 Dec 2016 00:01:00 ESTPorsche expects its Mission E electric car to account for about 10 percent of its vehicle sales after the car is launched in 2019. Renault, Toyota, Fiat gain as French sales rise 9% Thu, 1 Dec 2016 05:42:24 ESTFrench new-car sales rose by nearly 9 percent in November with Renault, Toyota, Audi and Fiat among brands showing big gains. China slaps 10% tax on Ferrari, Bentley cars to curb luxuryThu, 1 Dec 2016 03:54:17 ESTChina is introducing a 10 percent tax on cars such as Ferrari GTC4Lusso, Bentley Bentayga and Aston Martin DB9 in a bid to combat conspicuous consumption and promote more fuel-efficient vehicles. European auto sector surges in Q3Thu, 1 Dec 2016 08:35:43 ESTEurope's automakers, suppliers and retailers rebounded in the third quarter after a dismal six-month stretch for their shareholder values, as measured by the Automotive News Europe/PricewaterhouseCoopers Transaction Services Shareholder Value... PSA will open Tunisia factory to build new pickupThu, 1 Dec 2016 04:58:26 ESTPSA will open a factory in Tunisia in 2018 to build a Peugeot-badged pickup. The automaker joins Renault and VW Group in boosting North Africa production to meeting rising demand. BMW begins 7 series production in IndonesiaThu, 1 Dec 2016 03:34:20 ESTBMW will begin assembling its flagship 7-series sedan in Indonesia as the automaker seeks to tap into the long-term demand for luxury vehicles in Southeast Asia's biggest economy. GKN Driveline sees big gains for awd business on global success of SUVsThu, 1 Dec 2016 08:10:48 ESTThe automotive arm of British engineering firm GKN is in an enviable position as profits rise and growing global sales of SUVs boost demand for its all-wheel-drive systems. Peugeot lobbied to replace Audi in Le Mans series, source saysThu, 1 Dec 2016 00:01:00 ESTPeugeot is being asked to re-join the World Endurance Championship to fill the hole left by Audi's departure from the race series, whose showcase event is the annual 24 Hours of Le Mans. ZF to sell 20% Haldex stake to Knorr-BremseThu, 1 Dec 2016 04:35:41 ESTZF said it had agreed to sell a 20 percent stake in Swedish brake systems firm Haldex to rival German bidder Knorr-Bremse. Ford will expand Active crossover trim across lineupWed, 30 Nov 2016 04:50:30 ESTFord will roll out SUV-styled variants of its cars under the label Active to attract customers looking for high-riding vehicles. Ford seeks level terms with Nissan over BrexitWed, 30 Nov 2016 07:58:03 ESTFord of Europe CEO Jim Farley will call for a level playing field for automakers when he meets with the British chancellor this week to discuss the financial implications of the UK's exit from the EU. Toyota President Akio Toyoda will head EV divisionWed, 30 Nov 2016 05:41:31 ESTToyota appointed its president, Akio Toyoda, to lead the automaker's newly formed electric car division, underlining its commitment to develop a technology that the automaker has been slow to embrace. Brexit tariffs could lift UK car prices by 1,500 pounds, trade group saysWed, 30 Nov 2016 03:27:35 ESTBrexit could lift the average price of imported cars in the UK by as much as 1,500 pounds (1,762 euros) if the country loses tariff-free access to the EU, an industry group said. Ford packs new Fiesta with advanced tech; adds Vignale, crossover variantsWed, 30 Nov 2016 00:01:00 ESTFord is adding upscale and crossover versions of its new Fiesta, along with advanced safety technologies, to boost the car's competitiveness in the tough subcompact segment. Ford, BMW, Daimler, VW Group plan fast-charging EV networkTue, 29 Nov 2016 03:48:28 ESTFord, VW Group, BMW and Daimler plan to set up charging stations for electric vehicles in Europe. The move will be an important step toward facilitating the mass-market adoption of EVs, the companies said in a joint statement. Jaguar Land Rover to build Discovery in SlovakiaTue, 29 Nov 2016 10:05:38 ESTJaguar Land Rover will build its next-generation Land Rover Discovery in Slovakia, the first model chosen for a $1.25 billion plant that is due to open in 2018. Fiat heir Lapo Elkann arrested in New York over false reporting of incidentTue, 29 Nov 2016 04:23:47 ESTLapo Elkann, grandson of the late Fiat patriarch Gianni Agnelli, was arrested and charged in New York with falsely reporting an incident. Media reported that he was suspected of faking his own kidnapping. BMW hides tech under the hood in tepid 5-series revamp Tue, 29 Nov 2016 08:33:33 ESTBMW's new 5-series sedan can drive itself at speeds as fast as 210 kph (130 mph) per hour, turn up the radio with the wave of a hand and warn other cars of fog. But despite all that gadgetry, its looks have changed very little. VW stake in carbon-fiber maker SGL will fall after new share issueTue, 29 Nov 2016 05:11:06 ESTVolkswagen Group will not buy into a new share issue by SGL, reducing its stake in the German carbon-fiber maker and allowing rival BMW Group more control over one of its key materials suppliers. BMW, Porsche, Nissan face sales ban on some models in S. KoreaTue, 29 Nov 2016 04:44:52 ESTSouth Korea plans to disallow sales of some Porsche, BMW and Nissan models after finding errors in certification documents for the carmakers' imported vehicles. The country's environment ministry also plans to fine the automakers a combined $5. VW extends 20-billion-euro loan to weather diesel falloutMon, 28 Nov 2016 11:22:23 ESTVW Group has agreed to extend a 20-billion-euro ($21.2 billion) bank credit line, which is part of the automaker's efforts to maintain its financial strength while it counts the full cost of its emissions-cheating scandal. VW says CC successor Arteon will debut new design languageMon, 28 Nov 2016 10:43:47 ESTVW brand said its new top model, the Arteon, will introduce its new "progressive" design language. The four-door, coupe-like car will be positioned above the Passat midsize sedan and will replace the Passat-based CC. VW Group's Porsche and Audi brands battle for EV jobsMon, 28 Nov 2016 04:52:16 ESTPorsche and Audi are known as fierce competitors on the racetrack, but now the VW Group brands are also locked in a battle to develop and manufacture the next generation of electric cars. 2017 Rising Star nominations soughtMon, 28 Nov 2016 00:01:00 ESTAutomotive News Europe needs your help to identify the Rising Stars in the European automotive industry. The award honors executives with a pan-European profile who have driven change, fostered innovation and made courageous decisions. VW forms JV in Algeria to make Golf, other models starting in 2017Sun, 27 Nov 2016 10:00:00 ESTVW Group has formed a joint venture to assemble cars in Algeria, aiming for production capacity of more than 100 vehicles a day starting next year. The models that will be made include the VW Golf, Seat Ibiza and Skoda Octavia. Jaguar Land Rover wants to build electric cars in the UKFri, 25 Nov 2016 08:41:18 ESTJaguar Land Rover wants to build electric cars in the UK in what would be a further boost to Britain's automotive sector after the Brexit vote. The automaker previewed its first EV, the I-Pace SUV, at the Los Angeles auto show this month. France has not ruled out banning some diesel salesFri, 25 Nov 2016 03:58:04 ESTFrance will seek more information from criminal investigations into Renault and VW diesel emissions before deciding whether to ban any of their cars from sale, Environment Minister Segolene Royal said. FCA CEO expects earnings boost from strong dollar by year-endFri, 25 Nov 2016 07:00:00 ESTFiat Chrysler CEO Sergio Marchionne expects the automaker's earnings to start benefiting from a recent strengthening of the U.S. dollar against the euro toward the end of the year. "Let's hope it lasts as long as possible," Marchionne said. Daimler to invest 10 billion euros in EVs, randd boss saysFri, 25 Nov 2016 17:35:14 ESTDaimler is planning to invest up to 10 billion euros ($11 billion) in developing electric vehicles, randd head Thomas Weber told a German daily newspaper. Marchionne urges Italians to back constitutional reform referendumThu, 24 Nov 2016 21:23:28 ESTFCA CEO Sergio Marchionne warned that Italy could face serious damage to its image if voters rejected constitutional reform in a forthcoming referendum. Audi picks Volvo exec for top randd jobThu, 24 Nov 2016 08:46:16 ESTAudi has picked Volvo executive Peter Mertens to lead its randd. Audi looked outside the VW Group to fill the post after losing its previous two technical development chiefs in the fallout from the automaker's emissions-cheating scandal. UK gov't to fund autonomous car, EV developmentThu, 24 Nov 2016 03:49:35 ESTThe UK government has announced 390 million pounds ($484 million) of funding to boost the development of electric and autonomous vehicles. The money also will be used to support the country's EV infrastructure. Mercedes' Hungarian plant hit by brief wage strikeThu, 24 Nov 2016 08:09:24 ESTMercedes' plant in Kecskemet, Hungary, was hit by a two-hour strike on Wednesday involving 80 workers demanding higher wages and threatening a further walk-out if a deal is not agreed. VW adapts key design center for autonomous drivingThu, 24 Nov 2016 00:15:00 ESTVW Group is restructuring one of its most important design centers to prepare for the rapid move toward autonomous vehicles. UK car output falls 1% on slower domestic demandThu, 24 Nov 2016 04:41:21 ESTThe UK made fewer cars last month for the first time in more than a year as output fell 1 percent, driven by slower domestic demand. VW challenges Ford, Fiat, Mercedes with new CrafterThu, 24 Nov 2016 00:15:00 ESTVW aims to grab a greater share of the lucrative segment for large cargo vans dominated by Ford, Fiat and Mercedes after investing a record 800 million euros in a new Polish plant to make its Crafter. Toyota works to develop advanced EV batteryThu, 24 Nov 2016 05:09:40 ESTToyota says it aims to develop a more advanced electric-car battery "in a few years" that will allow it to build vehicles with up to 15 percent greater range than they currently have. Infineon reports 2% fall in quarterly operating profitWed, 23 Nov 2016 05:56:15 ESTGerman chip maker Infineon reported a 2 percent drop in quarterly profit today, but raised its medium-term operating margin target to 17 percent from 15 percent as the company expects to benefit from favorable currency conditions and the acquisition... Takata narrows buyer bids to Autoliv, Key Safety SystemsTue, 22 Nov 2016 03:53:15 ESTTakata has narrowed a list of bidders to Autoliv and Key Safety Systems for a final round of negotiations, moving the airbag maker a step a closer to securing a buyer to steer it through biggest safety recall crisis in automotive history, Bloomberg... VW brand targets 6% operating margin by 2025Tue, 22 Nov 2016 05:03:30 ESTVW Group aims to raise the profitability of its core VW brand to 6 percent by 2025. The operating margin at Europe's largest automaker is expected to reach 2 percent this year and 4 percent in 2020. Nissan suspends production at Fukushima engine plantTue, 22 Nov 2016 04:37:56 ESTNissan said it would suspend production at its engine factory in Fukushima at least until a tsunami warning is lifted after a powerful earthquake rocked northern Japan early today. VW will sell U.S.-sourced Atlas SUV in RussiaMon, 21 Nov 2016 00:01:00 ESTVW will export the Atlas large SUV to Russia from the U.S. starting at the end of next year, a source close to the company told Automotive News Europe. The executive said the Altas will be offered in Russia with a 2.0-liter diesel engine. VW revives Dresden plant with new electric GolfMon, 21 Nov 2016 00:01:00 ESTVW Group has given new life to its dormant factory in Dresden, Germany, by adding production of the revised electric Golf at the plant. Previously the site was used to build the slow-selling Phaeton luxury sedan. EU has no concerns yet about UK's Nissan dealMon, 21 Nov 2016 05:54:56 ESTThe EU's competition chief, Margrethe Vestager, says she does not see any concerns over a British assurance to Nissan concerning post-Brexit trade in the UK, but that she was still waiting for details to have more clarity about the case.