Automotive News Europe News Feed http://europe.autonews.com News, blogs and commentary from the leader in European automotive news en-us Sat, 17 Nov 2018 06:00:00 EST Maserati profit slide, lack of new products is a headache for Fiat Chrysler CEO ManleySat, 17 Nov 2018 00:01:00 ESTFiat Chrysler's slumping Maserati business is a headache for new CEO Mike Manley after the brand's profitability and vehicle sales went into a steep slide. How SUVs will boost Ferrari, Aston Martin, other ultraluxury brandsSat, 17 Nov 2018 00:01:00 ESTUltraluxury automakers including Ferrari and Aston Martin are gambling they can keep their exclusivity while increasing production and breaking into new market segments such as SUVs. VW will spend $50 billion over 5 years on electric, connected and self-driving car techFri, 16 Nov 2018 08:51:38 ESTVW Group is significantly raising investment plans for the next five years in the race to keep up with the shift to electric and self-driving cars, as well as new services in connected vehicles. UK Chemicals company will decide on SUV production in Europe or UK this yearFri, 16 Nov 2018 10:30:46 ESTPetrochemicals company Ineos said it will decide on the manufacturing location for its new off-road vehicle, currently in design and development, by the end of the year and flagged a number of "very strong options" in the UK and Europe. Ex-Bosch engineers aim to strengthen self-driving car softwareFri, 16 Nov 2018 04:16:16 ESTA company formed by two veteran Bosch engineers is seeking to make the open-source software that powers many experimental self-driving cars safe and reliable enough to be used in commercially available vehicles. VW invests in electrification, seeks to strengthen alliances with battery makers and rival automakersFri, 16 Nov 2018 03:32:57 ESTVW Group's supervisory board is due to vote on a multi-billion-euro investment plan on Friday, including steps to retool three German plants to mass produce EVs and to explore alliances with battery partners and rival automakers. Polestar targets China despite Tesla competitionFri, 16 Nov 2018 07:40:01 ESTVolvo's performance subbrand Polestar expects to get as much as half of its sales from China, but is not underestimating the stiff competition it faces from Tesla in the world's biggest auto market. 2019 Rising Star nominations soughtFri, 16 Nov 2018 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. Vauxhall's Ellesmere Port Astra plant faces Brexit closure riskThu, 15 Nov 2018 14:59:11 ESTTwo UK factories may be too many for British automaker Vauxhall, whose owner PSA is weighing its options in case of a dip in car demand post-Brexit. Automakers urge EU to consider 5G Internet connectivityThu, 15 Nov 2018 06:21:42 ESTBMW is trying to persuade the EU to support the use of 5G technology in cars while other automakers including VW and Renault support a Wi-Fi standard. BMW prepares Mini, Rolls-Royce for Brexit despite UK-EU dealThu, 15 Nov 2018 14:55:02 ESTBMW said it was continuing to prepare for a no-deal Brexit, given uncertainty around Prime Minister Theresa May's deal after several of her ministers resigned in protest. Another Uber competitor plans push into Mexico CityThu, 15 Nov 2018 11:34:06 ESTA Daimler-owned startup plans to challenge Uber in Mexico City, Latin America's biggest metropolis, at the beginning of next year. Rival Didi Chuxing is also due to start ride-hailing services in the city next month. Ford Motor's blueprint for autonomous vehicle profitsThu, 15 Nov 2018 06:00:00 ESTJust because Ford doesn't have plans to launch a commercial business with autonomous vehicles until 2021 does not necessarily mean the company is behind, argues Sherif Marakby, CEO of Ford Autonomous Vehicles. VW tools German plant for Tesla-fighting electric carsThu, 15 Nov 2018 11:43:22 ESTVolkswagen will invest $1.4 billion to revamp a plant in eastern Germany into Europe's largest electric-car factory, giving chase to Tesla's move into affordable zero-emission vehicles. UK's Brexit deal with EU 'positive,' auto industry saysThu, 15 Nov 2018 04:47:47 ESTThe UK auto industry said British Prime Minister Theresa May's tentative Brexit deal with the European Union was a "positive step" for car companies operating in Britain. German court bans diesel vehicles from Essen and Gelsenkirchen after DUH environmental lobby lawsuitThu, 15 Nov 2018 10:30:48 ESTA German court ruled that North Rhine-Westphalia must ban older diesel vehicles from the cities of Gelsenkirchen and Essen, including part of the A40 autobahn. Renault recruits consumer goods veteran as global marketing chiefThu, 15 Nov 2018 05:39:14 ESTRenault has appointed former Unilever executive Francois Renard as global marketing director, replacing Thierry Koskas, who will become president of Renault Sport Racing. Ford open to investors in autonomous vehicles but cautious on VW, Hackett saysThu, 15 Nov 2018 06:06:52 ESTFord CEO Jim Hackett says the automaker is open to investment by automakers and others in its autonomous vehicle business, but cautioned that expanding partnerships with Volkswagen is a "delicate dance." Aston Martin's quarterly profits leap tenfold as sales doubleThu, 15 Nov 2018 05:12:54 ESTAston Martin's quarterly profit before tax rose tenfold increase as the newly listed automaker continues a growth plan which saw its sales volumes double in the three-month period. WLTP testing hits VW Fiat Chrysler sale sin EuropeThu, 15 Nov 2018 04:31:16 ESTVW Group, Fiat Chrysler and Renault were among the biggest losers last month as Europe car sales fell 7 percent following the introduction of a new testing regime in September. VW to create Europe's largest electric-car production networkWed, 14 Nov 2018 10:13:16 ESTVW will convert two more plants in Germany to build electric vehicles, creating what the automaker said will be Europe's largest EV production network. Aston Martin confirms DBX name for SUVWed, 14 Nov 2018 00:01:00 ESTAston Martin confirmed the DBX name for its first SUV, which CEO Andy Palmer said will be the most beautiful ultraluxury crossover on the market. Walmart partners with Ford on autonomous vehiclesWed, 14 Nov 2018 06:00:00 ESTFord and Walmart have started a joint pilot to explore how the companies can use self-driving vehicles to deliver groceries and other consumer goods. EU would strike back at U.S. car tariffs, trade chief warnsWed, 14 Nov 2018 18:16:17 ESTThe EU would retaliate against any U.S. decision to impose tariffs on car imports, though the bloc hopes it can avoid such a confrontation, European Trade Commissioner Cecilia Malmstrom said. Skoda may gain production of VW Passat, new factory in Bulgaria or TurkeyWed, 14 Nov 2018 11:27:17 ESTVW Group may move production of the VW Passat to a Skoda plant in the Czech Republic as part of a wider factory shake-up to accommodate electric cars, a German press report said. Audi's Brazil chief criticizes country's closed marketWed, 14 Nov 2018 08:41:21 ESTMexico is a "marvelous place to make vehicles" with bilateral accords with almost the entire world, while Brazil is a closed market that should be opened to avoid collapse in the future, said Audi's Brazil chief, Johannes Roscheck. Redesigned 2020 Kia Soul stays funky for Los Angeles Auto ShowWed, 14 Nov 2018 09:00:00 ESTKia keeps its boxy Soul urban runabout true to its funky inner spirit with the unveiling of the third generation at this month's Los Angeles auto show. Despite Brexit UK sports car company opens new parts factory in EnglandWed, 14 Nov 2018 03:31:18 ESTMcLaren is bringing more work from mainland Europe to the UK as it opens a composite-parts factory in northern England, bucking a trend among automakers to shift output outside Britain in the run up to Brexit next year. Daimler opens second research and development center in ChinaWed, 14 Nov 2018 05:24:40 ESTDaimler plans to invest 1.1 billion yuan ($158.23 million) in a second research and development center in Beijing to help accelerate localization of Mercedes vehicles in China. PSA Spain plant hit by Turkey slumpWed, 14 Nov 2018 05:55:52 ESTPSA is seeking to eliminate a production shift at its factory in Vigo, Spain, to counter falling demand for its Peugeot 301 and Citroen C-Elysse models. France boosts incentives for low-income motoristsWed, 14 Nov 2018 04:49:56 ESTThe French government will double the 2,000-euro bonus granted to motorists on low incomes who change old-model cars for newer ones. China's Zotye plans to begin U.S. sales with budget SUVTue, 13 Nov 2018 09:59:59 ESTChina's Zotye has begun recruiting U.S. dealers and aims to bring a budget crossover to America in 2020. European automakers reprive U.S. holds off on car tariffsTue, 13 Nov 2018 22:26:24 ESTThe Trump administration will hold off for now on imposing new tariffs on automobile imports as top officials weigh revisions to a report on the national security implications, Bloomberg reported. U.S. tariffs to hit European automakers BMW, VW, DaimlerTue, 13 Nov 2018 09:08:32 ESTVW, Daimler and BMW are bracing themselves after the U.S. circulated a draft report on tariffs and the EU said a looming trade war between Europe and the U.S. may soon come to an end. BMW may sell credit car businessTue, 13 Nov 2018 05:05:46 ESTBMW is one of the last major consumer companies to still own and manage its card portfolio. The automaker has held talks with banks about selling its credit card portfolio, sources told Bloomberg. Car parts suppliers adapt to autonomous carsTue, 13 Nov 2018 00:01:00 ESTValeo has kept pace as the automotive industry moves toward more electrification and autonomous driving technology. Company CEO Jacques Aschenbroich spoke to Automotive News Europe about how the supplier is adapting to a changing industry. Spain may join UK, France banning petrol, gasoline cars to combat climate changeTue, 13 Nov 2018 10:41:43 ESTSpain is considering a ban on sales of diesel and gasoline cars beginning in 2040 to counter climate change. Toyota exec touts ethanol hybrids, laments Brazil economyTue, 13 Nov 2018 10:36:38 ESTToyota's new ethanol hybrid vehicle being developed in Brazil is exceeding all the manufacturer's expectations, a top executive said. VW said to be open to joining German battery cell consortiumTue, 13 Nov 2018 03:50:20 ESTVW is open to joining a German consortium exploring the production of EV battery cells and will discuss the matter at a board meeting on Friday, Reuters reported. Waymo will launch commercial robotaxi service next month, report saysTue, 13 Nov 2018 05:52:05 ESTWaymo will launch a commercial robotaxi service next month operating under a new brand to compete with Uber and Lyft, Bloomberg reported. Stuttgart fails to halt ban on older diesel carsTue, 13 Nov 2018 04:24:41 ESTStuttgart will enforce a ban on older diesel vehicles following a local German court ruling, the latest German city to fall into line with moves to cut pollution. VW's CEO Herbert Diess says big changes are ahead for automaker, 'big potential' in United StatesMon, 12 Nov 2018 00:01:00 ESTHerbert Diess has been CEO of Volkswagen Group only since April, yet the 60-year-old former BMW executive now heading one of the world's largest automakers has a clear vision of where he wants to lead his company. VW CEO Herbert Diess says automaker can help make EVs mainstreamMon, 12 Nov 2018 00:01:00 ESTIf electric vehicles fail to catch on globally over the next several years, it will be because Volkswagen did not try, CEO Herbert Diess says. EU signals U.S. car-tariffs truce may not last long Mon, 12 Nov 2018 08:57:03 ESTEuropean Commission President Jean-Claude Juncker signaled that Europe's avoidance of extra U.S. car tariffs might last only until year-end, the latest indication of the fragility of the trans-Atlantic truce reached in the summer. Daimler CFO reported to become Thyssenkrupp chairmanMon, 12 Nov 2018 12:49:02 ESTThyssenkrupp will propose departing Daimler CFO Bodo Uebber as a candidate for its supervisory board, with the aim of installing him as chairman, Reuters reported. Maserati recruits new sales chief from FerrariMon, 12 Nov 2018 21:15:43 ESTMaserati has shaken up its leadership team, recruiting a sales chief from Ferrari and appointing a new head in North America. BMW, Daimler profit warnings hit shareholder valueMon, 12 Nov 2018 00:01:00 ESTUncertainty over international trading conditions, profit warnings from two leading German automakers and the death of a CEO all contributed to declines seen in the latest Automotive News Europe/PricewaterhouseCoopers Transaction Services... Swiss dealer group Emil Frey rises to No. 1 on big deal with VW GroupMon, 12 Nov 2018 00:01:00 ESTSwitzerland's Emil Frey is now Europe's biggest dealer group based on revenue after its purchase of 275 sites from the Volkswagen Group. Russia sales rise 8% in Oct. as Mitsubishi, Skoda, VW lead gainsMon, 12 Nov 2018 00:01:00 ESTNew-car sales in Russia rose 8 percent in October, with Mitsubishi, Skoda, and VW leading gains among the market's major brands. Ford open to working with rivals on driverless cars, report saysSun, 11 Nov 2018 03:34:20 ESTFord is open to working with foreign rivals to expand self-driving services internationally, the Financial Times reported. VW CEO Herbert Diess says automaker has put most of its diesel emissions scandal in the pastSun, 11 Nov 2018 00:01:00 ESTVW CEO Herbert Diess says the automaker has put most of its diesel scandal in the past, thanks in part to a strategy shift to electric vehicles and efforts to clean up its own house. Germany's auto rebound may be stung by trade tensions, China's slowdownSun, 11 Nov 2018 07:04:55 ESTGerman auto production should pick up this quarter after new emissions tests choked production. But the strength of the rebound is in doubt as automakers feel the pain of trade tensions and China's slowdown. VW said to plan Tesla rival for less than $23,000, may share van production with FordFri, 9 Nov 2018 03:47:43 ESTVW intends to protect German jobs by converting three factories to make Tesla rivals and may transfer van production to a Ford factory in Turkey, Reuters reported. BMW says it is committed to U.S. plant, sees trade wars as temporaryFri, 9 Nov 2018 09:55:19 ESTBMW, which exports SUVs to China from its plant in the U.S., says the tensions surrounding a U.S. trade dispute with China will play a secondary role in decisions on where it builds cars. VW may invest in Ford-backed Argo as alliance talks advanceFri, 9 Nov 2018 11:56:12 ESTVW may invest in Ford's self-driving partner Argo AI as the two automakers near a framework agreement to join forces on electric and autonomous vehicles. Fiat Chrysler should consider selling Europe business, spinning off Maserati, Alfa, investor saysFri, 9 Nov 2018 05:28:44 ESTFiat Chrysler is being urged by an investor to consider selling its European business and spinning off Maserati and Alfa Romeo to focus on its profitable U.S. brands. VW, Daimler agree to pay for diesel retrofits in GermanyFri, 9 Nov 2018 04:35:19 ESTVolkswagen and Daimler have agreed to spend up to 3,000 euros ($3,430) per vehicle to offer hardware retrofits to clean up older diesel vehicles at their own cost, but rival BMW is still refusing to do so, Germany's Transport Minister said. Opel LCV chief Stoever expects big boost from move to PSA's platformsFri, 9 Nov 2018 00:01:00 ESTLight commercial vehicles are playing a bigger role at Opel/Vauxhall under PSA ownership and Tobias Stoever, Opel's senior manager for LCVs, expects a move to the French automaker's platforms will give Opel a "big boost," as he explained to... Tesla names new board chair to replace Elon MuskThu, 8 Nov 2018 06:31:53 ESTTesla chose Robyn Denholm to succeed Elon Musk as board chair, selecting an independent director to contend with the automaker's mercurial CEO following his run-ins with regulators and investors. VW plans $21,000 electric crossover to challenge Tesla, report saysThu, 8 Nov 2018 15:18:47 ESTVolkswagen plans to add a subcompact crossover priced at about $21,000 to its all-electric I.D. family of vehicles, expanding its lineup of zero-emissions vehicles that are more affordable than those of Tesla, Bloomberg reported. Who is Tesla's new chairman, Robyn Denholm?Thu, 8 Nov 2018 06:52:44 ESTTesla named Robyn Denholm to be chairman of the board of directors. She arrives from the role of CFO and head of strategy at Telstra, Australia's former phone monopoly. VW still faces a 'lot of work' after diesel violations, compliance auditor saysThu, 8 Nov 2018 14:54:46 ESTVolkswagen and an independent monitoring team still have "a lot of work to do" before the company's compliance procedures can be certified after a $27 billion global emissions cheating scandal, an independent auditor said. Volvo, citing U.S.-China trade dispute, shuffles production plansThu, 8 Nov 2018 14:35:00 ESTVolvo canceled plans to export S60 sedans from its first U.S. plant to China, just months after starting output. Volvo also will stop importing XC60 SUVs and dramatically reduce shipments of S90 sedans from China to the U.S. Why Magna lowered its outlook after record thirdr quarterThu, 8 Nov 2018 09:14:40 ESTMagna said its third-quarter profit grew compared with a year ago as revenue also climbed, but the supplier trimmed the outlook for the year on production headwinds. Cologne, Bonn must impose limited diesel bans, German court saysThu, 8 Nov 2018 09:47:30 ESTA German court has ruled that the western cities of Cologne and Bonn must introduce bans on older diesel vehicles in certain areas from early 2019. Renault will build vans for Nissan, Mitsubishi in FranceThu, 8 Nov 2018 08:20:38 ESTRenault will build Nissan and Mitsubishi vans at two plants in France, raising investment in the country as the three companies seek closer integration. Mazda3 teaser photo signals new design languageThu, 8 Nov 2018 03:30:00 ESTMazda will present the next-generation Mazda3 small car at this month's Los Angeles auto show, beginning a new era of performance-oriented vehicle platforms and Skyactiv-X drivetrains, all wrapped in a voluptuous new design language. Mazda plans electric push to avoid EU emissions penaltiesThu, 8 Nov 2018 06:14:56 ESTMazda is accelerating a push into electrified vehicles to help avoid EU fines for failing to cut greenhouse gas emissions. Mazda and rivals face total fines in excess of more than $16 billion if they fail to comply with tighter CO2 emission limits. Ford of Europe names electrified vehicles bossThu, 8 Nov 2018 00:01:00 ESTFord named company veteran Steve Hood to head its electrified business in Europe as the company prepares to ramp up sales of electric cars. BMW under pressure to help finance diesel retrofits in GermanyThu, 8 Nov 2018 05:55:58 ESTBMW is under pressure from Germany's government to drop its opposition to funding hardware upgrades on some diesel vehicles in the country and join rivals Daimler and VW Group in agreeing to meet the costs of the cleaner-emissions retrofits. Daimler, BMW get EU approval for car-sharing dealThu, 8 Nov 2018 03:52:07 ESTDaimler and BMW won approval from the EU's competition authority to combine their car-sharing businesses to better compete with U.S. rival Uber and China's Didi Chuxing. Toyota, Fiat Chrysler will sell same car to game Beijing emissions rulesThu, 8 Nov 2018 00:01:00 ESTChina's push for greener vehicles is prompting Toyota, Fiat Chrysler, Honda and Mitsubishi to sell the same vehicle based on the Guangzhou GS4 crossover. Toyota Europe shifts focus to hot SUV segmentThu, 8 Nov 2018 00:01:00 ESTToyota's European sales are growing fast after a diesel backlash helped to increase demand for its hybrids. Nissan earnings fall 21% as U.S. turnaround stallsThu, 8 Nov 2018 05:00:38 ESTNissan said its push to improve profitability in the U.S. is taking more time and money than expected. The automaker's North American profit climbed 13 percent but fell 21 percent globally. Continental reaffirms reduced margin forecast on weaker auto production, warranty claimsThu, 8 Nov 2018 04:10:19 ESTContinental reaffirmed its outlook for a margin decline in 2018, citing warranty claims and weaker auto production in China and Europe. Ford buying U.S. scooter hire company SpinThu, 8 Nov 2018 00:01:00 ESTFord will buy an electric scooter hire company called Spin and aims to expand the service in 100 U.S. cities over the next 18 months. BMW secures supply routes by air as part of Brexit contingency planWed, 7 Nov 2018 06:49:02 ESTBMW has strengthened its logistics to include air freight options as part of contingency plans to prepare itself for the UK's exit from the EU. BMW faces tough decision on crossover productionWed, 7 Nov 2018 13:47:25 ESTBMW is considering building more crossovers in China as tariffs between the U.S. and China are expected to dent the automaker's 2018 earnings by $344 million. Toyota tightens grip as Europe's No. 1 Asian brand despite Nissan, Hyundai challengesWed, 7 Nov 2018 00:01:00 ESTOvertaking Toyota to become Europe's top-selling Asian automaker has long been the aim of Nissan and Hyundai. But Toyota's success selling hybrids is making the goal tougher. BMW Q3 profit falls 27% amid U.S.-China trade tensions, Europe price warWed, 7 Nov 2018 03:25:20 ESTBMW reported a 27 percent drop in third-quarter operating profit to $2 billion amid currency headwinds, trade tensions and higher research and development expenses. Why horsepower needs to be retiredWed, 7 Nov 2018 00:01:00 ESTWith the mass-market introduction of electric vehicles it is time to think less of horsepower and more of kilowatts when judging a vehicle's power. VW sees global potential for compact pickupTue, 6 Nov 2018 11:49:20 ESTVW said the Tarok compact pickup will soon be offered in Brazil and it has the potential to boost the brand's model range in other global markets. Ford's plan for building profits in IndiaTue, 6 Nov 2018 16:44:20 ESTFord made a profit in India for the first time in a decade in the last fiscal year, signaling that the automaker's strategy conceived two years ago is starting to show some success. Magna founder's family feud worsensTue, 6 Nov 2018 09:19:28 ESTFormer Magna International CEO Belinda Stronach -- already the target of a $520 million lawsuit filed by her billionaire father Frank Stronach -- is now being sued by her brother Andrew. Schaeffler to close two UK plants amid Brexit concernsTue, 6 Nov 2018 07:47:51 ESTGerman supplier Schaeffler will shut two factories in the UK as part of changes prompted partly by Britain's planned exit from the EU, with production shifting to Germany, China, South Korea and the U.S. VW brand warns 2018 operating return on sales to be at lower end of rangeTue, 6 Nov 2018 11:23:22 ESTVolkswagen Group said the operating return on sales at its core VW brand would come in at the lower end of its 4 percent to 5 percent target range. Car battery pioneer Kenan Sahin says new breakthrough will lower cobalt useTue, 6 Nov 2018 07:35:33 ESTThe scientist-turned-entrepreneur behind a battery technology adopted by chemical giants BASF and Johnson Matthey is back with another invention #8212; one he claims will boost electric-vehicle performance for years to come. Forecast for W. Europe 2018 sales cut on new emissions rules Tue, 6 Nov 2018 04:35:53 ESTLMC consulting firm cut its forecast for full-year registrations in western Europe as the implementation of a tighter emissions regime continued to weigh on sales. Tarraco gives Seat a flagship SUV to help retain wealthy buyersTue, 6 Nov 2018 00:01:00 ESTThe Seat Tarraco gives the brand an upmarket model that will compete at the high end of Europe's fastest-growing compact SUV segment. Italy sales down 7%; diesel plunges 27 percentTue, 6 Nov 2018 00:01:00 ESTDiesel's market share in Italy fell to 44 percent #8212; the lowest since March 2010 #8212; from 47.9 percent in September and 55.5 percent in October 2017.