Automotive News Europe News Feed http://europe.autonews.com News, blogs and commentary from the leader in European automotive news en-us Sun, 25 Jan 2015 06:00:00 EST Porsche plans Pajun as EV only to fight Tesla, report saysSat, 24 Jan 2015 00:01:00 ESTPorsche will sell its long-planned Pajun sedan only as a electric car to compete with cars such as the Tesla Model S, a German magazine said. Kia's fourth-quarter profit drops 54% on ruble plungeFri, 23 Jan 2015 05:31:07 ESTKia posted a 54 percent fall in quarterly profit as a weakening ruble reduced income earned in Russia where Kia ranks No. 2 after Lada. Honda axes Accord in EuropeFri, 23 Jan 2015 10:33:36 ESTHonda will end sales of the Accord midsize sedan in Europe after the car failed to make headway against German rivals. EU regulators to rule on ZF's bid for TRW by Feb. 26Fri, 23 Jan 2015 09:09:54 ESTEuropean Union antitrust authorities will decide by Feb. 26 whether to approve German supplier ZF Friedrichshafen's $13.5 billion bid for U.S. rival TRW Automotive. GM sees Europe turnaround on track even if local economy isn'tFri, 23 Jan 2015 04:34:54 ESTGeneral Motors' efforts to restore European operations to profitability are on track even as the region's economy fails to revive, GM President Dan Ammann said. However, Russia is big "wild card," he said. UK 2014 car production rises to highest since 2007Fri, 23 Jan 2015 03:48:22 ESTUK car production rose to its highest level since 2007 last year, up 1 percent to 1.53 million cars. The UK is a major center for manufacturers such as Jaguar Land Rover, BMW, Nissan, Honda, Toyota and GM. Opel plans EV version of its Karl minicar, report saysFri, 23 Jan 2015 00:01:00 ESTOpel plans an electric version of its new Karl minicar, a German magazine reported. The Karl EV could go on sale by the end of 2018, the report said. BMW, VW will build fast-charging stations for EVs in U.S.Fri, 23 Jan 2015 06:18:11 ESTBMW and Volkswagen are joining with ChargePoint, a company that provides EV charging facilities, to build nearly 100 fast-charging stations in the U.S. Ford names new lobbyist in Europe as free trade, CO2 pressure intensifiesFri, 23 Jan 2015 00:01:00 ESTFord of Europe has promoted veteran lobbyist Andrew McCall as its new vice president for government and community relations. New Mini boss is former Audi executive Thu, 22 Jan 2015 03:32:17 ESTBMW named former Audi executive Sebastian Mackensen as head of its Mini brand. BMW is seeking ways to boost Mini's long-term profitability and is expected to discontinue three slow-selling Minis -- the Coupe, Roadster and Paceman. Ghosn lifts European car market forecast on eurozone stimulus planThu, 22 Jan 2015 16:41:00 ESTRenault CEO Carlos Ghosn upgraded his European car market growth forecast after the European Central Bank unveiled a bond purchase program to boost the continent's flagging economy. Toyota may lose global sales lead to VW without new China strategyThu, 22 Jan 2015 05:11:21 ESTToyota remained the best-selling automaker worldwide in 2014 ahead of VW and GM, but the company may lose the sales crown this year as it falls behind in China, where rivals are expanding fast. Hyundai profit falls 19% on weak yen, ruble plungeThu, 22 Jan 2015 05:39:46 ESTHyundai's fourth-quarter profit fell 19 percent after the weaker yen and ruble eroded overseas earnings. A weaker yen gave rivals including Toyota a competitive edge in the U.S., while a plunge in the ruble lowered the value of earnings in Russia. PSA winds down hybrid air fuel-saving project, still seeks partner to share costsThu, 22 Jan 2015 06:45:07 ESTPSA/Peugeot-Citroen said it will continue development of its Hybrid Air technology to reduce fuel use, despite reports in the French press that the project almost certainly will not see commercialization. Kia needs India plant to offset slowing sales in Russia and China, report saysThu, 22 Jan 2015 06:10:21 ESTKia needs to set up a factory in India to tap growth in the fast-growing market and offset slowing sales in Russia and China, a Korean newspaper reported the automaker's CEO as saying. India may become the world's No. 3 auto market by next year. VW mulls separate listing of trucks business, report saysWed, 21 Jan 2015 09:16:00 ESTVolkswagen may restructure its truck business so that it could be spun off to raise cash, a German magazine reported. VW has hired former Daimler manager Andreas Renschler to integrate the unit, which includes Scania and MAN. VW targets 'significant' savings by reducing variety of partsWed, 21 Jan 2015 10:36:01 ESTVolkswagen Group plans to boost profitability by scaling back the range of components at its main VW brand. Reducing the variety of parts used in VW vehicles will offer "significant savings potential," finance chief Hans Dieter Poetsch said. Schaeffler shifts 34% Continental stake off balance sheetWed, 21 Jan 2015 04:58:10 ESTSchaeffler says a 34 percent stake in rival Continental has been shifted off the books in a move toward a possible stock market listing. Schaeffler borrowed heavily to buy Continental in 2008 in a deal that unraveled during the financial crisis. Michelin CEO aims to win share from Chinese rivalsWed, 21 Jan 2015 01:48:36 ESTMichelin aims to counter rising pressure from low-cost Chinese brands in Europe and North America by increasing the number of cheaper tires it offers from budget subbrands, the tire maker's CEO, Jean-Dominique Senard, told Automotive News... Daimler will invest more in Hungary to boost compact car outputTue, 20 Jan 2015 07:32:03 ESTDaimler will boost compact car output at its Mercedes-Benz factory in Hungary after the automaker launched production of a new model, the CLA Shooting Brake. Audi plans to build range-topping Q8 SUV, CEO Stadler saysTue, 20 Jan 2015 09:38:44 ESTAudi plans a range-topping SUV to go on sale before the end of the decade, CEO Rupert Stadler said. Dubbed the Q8, the SUV would be aimed at markets such as the U.S., China and the Middle East, where large coupe-styled SUVs are in demand. Ford revises EcoSport to counter slow salesTue, 20 Jan 2015 06:02:30 ESTFord will offer its EcoSport SUV in Europe without the spare wheel on the outside of the rear tailgate after the model's sales got off to a slow start. Daimler offers 'currency rebate' on Mercedes, Smart cars in SwitzerlandTue, 20 Jan 2015 07:26:54 ESTDaimler is cutting Mercedes and Smart car prices in Switzerland after the central bank's surprise abandonment of a minimum exchange rate caused the franc to surge versus the euro. Daimler seeks profitability at Smart with 2 minicar sizesTue, 20 Jan 2015 00:01:00 ESTDaimler hopes to make its Smart small-car unit sustainably profitable by offering the same car in two sizes: the two-seat ForTwo and the four-seat ForFour. McLaren names new design chiefTue, 20 Jan 2015 00:01:00 ESTUK supercar maker McLaren promoted Robert Melville to the post of chief designer, reporting to the company's design director, Frank Stephenson. Renault plans big nvestment to catch rivals in ChinaMon, 19 Jan 2015 11:21:31 ESTRenault will make "massive investments" in China, where it sees its market share rising as high as 6 percent after the company ramps up sales of locally built vehicles in the world's biggest car market. McLaren will unveil P1 GTR hybrid supercarMon, 19 Jan 2015 06:53:54 ESTMcLaren will unveil a production-ready version of the P1 GTR hybrid supercar, its fastest and most powerful vehicle to date, at the Geneva auto show in March. Renault's 2014 sales rise 3% as budget cars offset Russia dropMon, 19 Jan 2015 04:40:24 ESTRenault delivered 3 percent more vehicles globally last year as strong European sales of cars such as the Renault Captur and no-frills Dacia Sandero helped offset falling demand in Russia and South America. 2015 Rising Star nominations soughtMon, 19 Jan 2015 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's Seat brand recruits Ford designer LammMon, 19 Jan 2015 06:39:14 ESTVolkswagen's Seat brand has recruited Ford of Europe stylist Stefan Lamm as its new head of exterior design. Mini expects profit boost from leaner lineupMon, 19 Jan 2015 00:01:00 ESTBMW is trimming its Mini lineup from eight models down to five to boost the brand's prospects of long-term profitability. The carmaker is expected to discontinue three slow-selling vehicles -- the Coupe, Roadster and Paceman. Ford will launch new Galaxy minivan as brand pushes upscale in EuropeMon, 19 Jan 2015 05:28:48 ESTFord of Europe will start sales of its new-generation Galaxy large minivan this year as part of a wider product offensive that includes the launches of its Vignale upscale trim line and new Mustang sports car. Daimler will extend contract of China division boss, paper saysSun, 18 Jan 2015 04:41:45 ESTDaimler will extend the contract of the head of its China division, Hubertus Troska, according to a newspaper report. Troska is said to be a potential successor to CEO Dieter Zetsche. Jeep uses Paris boat show to gain tractionFri, 16 Jan 2015 06:34:58 ESTJeep hopes its role as a marketing partner at the Nautic in Paris, one of Europe's biggest boat shows, will help it get a leg up in the fast-growing small SUV market. The U.S. Honeywell turbo boss expects to gain from hot sector's growthFri, 16 Jan 2015 00:01:00 ESTHoneywell, the world's leading turbocharger supplier, foresees big gains for the performance-boosting, CO2-reducing technology, Terrence Hahn, CEO of the Switzerland-based Honeywell business unit, told Automotive News Europe. Europe 2014 sales rise on low-cost brands shiftFri, 16 Jan 2015 04:14:09 ESTEuropean car sales in 2014 rose for the first time in seven years, thanks to government incentives, tax breaks and a consumer shift to cheaper brands such as Dacia and Skoda. Strike ends at VW Brazil factory as 800 workers get jobs backFri, 16 Jan 2015 09:08:37 ESTWorkers at a Volkswagen factory in Brazil voted to end a 10-day strike after the carmaker agreed to reverse the layoff of 800 employees and presented a new labor deal through 2019. Ford will raise German production as demand reboundsFri, 16 Jan 2015 06:34:58 ESTFord will increase production of its Fiesta and three other models in Germany to meet growing demand in some of the region's key markets. Volvo may expand export markets for China-built cars beyond U.S.Fri, 16 Jan 2015 05:36:32 ESTVolvo, which will start shipping the S60L sedan to the U.S. later this year, says it could add additional export markets in the Asia-Pacific region and elsewhere. Crossover craze takes hold in EuropeFri, 16 Jan 2015 00:01:00 ESTSUVs and crossovers will feature heavily in the launch of new models in Europe this year. Audi, VW, Renault and Fiat are among carmakers planning to launch updated or new models in this hotly contested segment. Russia car sales forecast to drop 24% as economic crisis worsensThu, 15 Jan 2015 06:01:52 ESTRussian car sales are set to decline by 24 percent this year after falling 10 percent in 2014 as the country heads for recession. Major Western automakers including Ford, GM, and VW saw their Russian vehicle sales plunge steeply last year. Renault faces dealer criticism over China strategyThu, 15 Jan 2015 08:41:37 ESTRenault has become the latest foreign carmaker to be targeted by China dealers in disputes over who should bear the brunt of a market slowdown. BMW was persuaded earlier this month to pay $824 million in subsidies to its local dealers. Opel prices new Karl to win former Chevrolet customersThu, 15 Jan 2015 05:31:43 ESTOpel said its new Karl minicar will cost 9,500 euros in Germany. The Karl will offer safety and driver systems not common in the segment including lane departure warning, Opel said. VW Passat tackles trailer troublesThu, 15 Jan 2015 00:01:00 ESTVolkswagen has made a big effort to ensure its latest Passat remains Europe's best-selling midsize car, including adding a feature that can back the car and a trailer autonomously into a parking space. Volkswagen starts sales of black-box recorder for vehicle dataWed, 14 Jan 2015 12:18:47 ESTVolkswagen plans to sell a black box in Austria that records trips and tracks the location of a car. The box will be available for new and old VW and Audi models. VW plans to expand the service to other European markets. So what is a Bentayga? Wed, 14 Jan 2015 00:01:00 ESTWhen it comes to quirky names for SUVs, Volkswagen Group has the market pretty well cornered. Now we can add a new head-scratcher to the list: the Bentley Bentayga. Daimler recalls 114,000 Mercedes in Germany over seal faultWed, 14 Jan 2015 12:34:53 ESTDaimler said it is recalling 114,000 of its four-cylinder diesel-engined Mercedes-Benz cars in Germany because some are equipped with faulty seals that can cause potential oil leaks. PSA sales rise 4% on China surge, Europe reboundWed, 14 Jan 2015 03:50:15 ESTPSA/Peugeot-Citroen's deliveries rose for the first time in four years in 2014 as the automaker benefited from a surge in China and recovering demand in Europe. PSA's China sales boom may mark industry shift in favor of mass-market carmakersWed, 14 Jan 2015 05:45:17 ESTPSA/Peugeot-Citroen's 32 percent increase in China vehicle sales last year, almost double the 17 percent BMW achieved, may mark an industry shift in favor of mass-market carmakers over premium brands in a cooling market. Zetsche, Tesla's Musk have similar timetables for self-driving carsWed, 14 Jan 2015 00:01:00 ESTDaimler CEO Dieter Zetsche and Tesla CEO Elon Musk have very similar timetables for when they think autonomous cars will be on the road.%]