Automotive News Europe News Feed http://europe.autonews.com News, blogs and commentary from the leader in European automotive news en-us Wed, 19 Sep 2018 06:00:00 EST VW's Seat counts on Tarraco to retain affluent customersTue, 18 Sep 2018 00:01:00 ESTSeat expects its new Tarraco flagship SUV to further boost to the company's profitability by retaining customers who are looking to move up to a bigger, more high-end model. Ferrari seeks profit boost with Monza retro-styled supercarTue, 18 Sep 2018 05:20:33 ESTFerrari's latest special-edition supercar will be called the Monza and will broaden the automaker's offering of models costing more than $1 million that earn high margins. Ferrari's SUV will be called PurosangueTue, 18 Sep 2018 09:52:13 ESTFerrari will launch the Purosangue, its much anticipated four-door utility vehicle, in 2022. The name means "thoroughbred" in Italian. Audi packs e-tron EV with interconnected featuresTue, 18 Sep 2018 00:01:00 ESTThe Audi e-tron will offer a 95-kilowatt-hour battery, full-time all-wheel drive and a host of interconnected features to make owning the automaker's first series full-electric vehicle more enjoyable. Mini prepares for no-deal Brexit by moving plant shutdownTue, 18 Sep 2018 09:35:16 ESTMini's UK plant in Oxford, England, will move its annual maintenance shutdown to April next year when Britain is due to leave the EU. Ferrari CEO cuts profit goal inherited from MarchionneTue, 18 Sep 2018 08:48:42 ESTFerrari CEO Louis Camilleri has cut a long-term profit goal set by his predecessor Sergio Marchionne, a month after calling it "aspirational." The CEO now expects earnings in a range of 1. Ferrari's plan through 2022 includes 15 new models, more hybrids, retail price growthTue, 18 Sep 2018 08:49:33 ESTFerrari plans to launch 15 new models by 2022, and the company expects the average retail price for its vehicles to increase "significantly." Renault, Daimler to showcase self-driving techTue, 18 Sep 2018 00:01:00 ESTThe future of vehicles will be electrified, autonomous and connected but trucks and vans might get there before passenger cars because the technologies will offer cost-savings to independent tradespeople and fleet operators. Renault-Nissan alliance lets Google's Android into its dashboardsTue, 18 Sep 2018 04:01:32 ESTRenault, Nissan and Mitsubishi Motors announced a technology partnership that will make its vehicles among the first to use Google's Android operating system in its dashboards to control navigation, infotainment and apps directly installed in... VW, BMW, Daimler face EU probe over collusion on emissions techTue, 18 Sep 2018 05:37:11 ESTThe EU has opened a formal investigation into whether BMW, Daimler and VW Group colluded to avoid competition in the development of emissions technology, including allegedly limiting the rollout of systems to reduce NOx and particulate pollution. With turnaround complete, Pininfarina bets on engineering, designTue, 18 Sep 2018 00:01:00 ESTThe Italian coachbuilding and design company has a new strategy based on two business areas #8212; engineering and design #8212; that have been split into separate legal entities. Jaguar Land Rover cuts production at UK plant on slow demandMon, 17 Sep 2018 10:04:00 ESTJaguar Land Rover is cutting production to three days at one of its UK plants as it deals with the fallout from the Brexit vote and the drop in diesel demand. Volkswagen Group plans to build 10 million electric vehicles in 'first wave'Mon, 17 Sep 2018 12:13:48 ESTVolkswagen plans to build 10 million electric cars based on its new MEB platform as it targets the launch of worldwide mass production toward the end of 2022. Ferrari investors want assurance on targets and SUV plansMon, 17 Sep 2018 08:40:17 ESTFerrari's new boss, Louis Camilleri, must convince investors that the automaker can live up to his predecessor Sergio Marchionne's goals of doubling core earnings by 2022 and introducing an SUV to the traditional supercar lineup. Ferrari will present supercar at strategy meeting, report saysMon, 17 Sep 2018 09:37:29 ESTThe so-called "Icona" project will broaden Ferrari's offering of limited-edition supercars, a range aimed at boosting profit margins, Bloomberg reported. Elon Musk says Tesla has gone from 'production hell' to 'delivery logistics hell'Mon, 17 Sep 2018 06:51:41 ESTTesla CEO Elon Musk has acknowledged that the electric-car maker's problems have now shifted to delivery logistics from production delays, the latest speed bump in its efforts to achieve profitability. FCA said to seek other suitors for Magneti Marelli after low KKR bidMon, 17 Sep 2018 04:08:14 ESTKKR offered less than the $6.98 billion minimum valuation Fiat Chrysler sought for Magneti Marelli, which ended the exclusivity of the talks, Bloomberg reported. Elon Musk says Tesla has gone from 'production hell' to 'delivery logistics hell'Mon, 17 Sep 2018 06:51:41 EST"We're making rapid progress. Should be solved shortly," Musk said in a tweet. Knorr-Bremse announces plans for IPOMon, 17 Sep 2018 04:41:49 ESTGerman brake systems maker Knorr-Bremse says it plans to list on the Frankfurt stock exchange this year. The supplier is expected to be valued at about 12 billion euros ($13.9 billion), sources say. BMW joins VW in calling for AV standardsSun, 16 Sep 2018 08:27:33 ESTBMW plans more deals with mining companies to secure electric vehicle battery materials, and is open to forming alliances to share the costs of developing AV systems, the automaker's randd chief said. Aston Martin joins Jaguar in calling out Brexit risk to industrySun, 16 Sep 2018 00:01:00 ESTAston Martin CEO Andy Palmer said that Brexit is "a disaster for the industry on both sides of the Channel if there is no negotiated exit." Europe's crossover craze drives market gainsSat, 15 Sep 2018 00:01:00 ESTSUVs and crossovers accounted for one-third of European sales through June for the first time. Their volume increased by almost 20 percent in a market that was up by just 2.5 percent. Only three non-SUV segments grew during the first six months. BMW's Vision iNext previews EV flagshipSat, 15 Sep 2018 07:31:43 ESTBMW's Vision iNext crossover concept showcases the automaker's ideas about how autonomous, connectivity and electric drivetrain technologies will be integrated into a flagship car planned to launch in 2021. VW moves toward mass production of 3D printed metal partsSat, 15 Sep 2018 00:01:00 ESTVolkswagen is working with GKN to integrate the mass production of 3D metal parts into its vehicle manufacturing, using a new "Metal Jet" printer from HP, the world's largest maker of personal computers. Volvo wants Trump exemption for tariffs on China-made XC60 crossoverFri, 14 Sep 2018 16:47:03 ESTVolvo asked the U.S. to exempt the company's Chinese-made XC60 midsize crossover from new 25 percent tariffs, the latest automaker to seek relief from new levies on imports from China. The home of Fiat says 'ciao' to Sergio MarchionneFri, 14 Sep 2018 11:55:52 ESTMore than 2,000 people, including townsfolk, Fiat workers, politicians, and corporate executives, gathered in a packed Turin cathedral for a memorial service to honor Sergio Marchionne, one of the auto industry's most exacting and determined... VW board to discuss Audi CEO Stadler's future, report saysFri, 14 Sep 2018 07:19:30 ESTAudi's suspended CEO, Rupert Stadler, who is in police custody, likely will be asked to step down by parent Volkswagen Group's supervisory board, German magazine Der Spiegel reported. Hyundai Motor promotes heir apparent Chung Euisun as succession loomsFri, 14 Sep 2018 03:51:57 ESTEuisun Chung moves a step closer to succeeding his 80-year-old father, Chung Mong-koo, who has presided over Hyundai for two decades, transforming Hyundai into the world's fifth-biggest automaker with affiliate Kia. Lotus Cars recruits former Jaguar Land Rover executive Popham as CEOFri, 14 Sep 2018 05:43:20 ESTLotus has recruited former Jaguar Land Rover executive Phil Popham as its CEO as its new parent Geely Holding considers an investment of $1.9 billion to turn the niche brand into a global competitor to Porsche and Aston Martin. IKEA plans home delivery by electric vehicles in Europe, U.S. and ChinaFri, 14 Sep 2018 07:57:52 ESTIKEA says all its home deliveries in the inner cities of Amsterdam, Los Angeles, New York, Paris and Shanghai will be made by EVs or through other zero-emission means by 2020. Toyota uses Yaris to launch GR Sport performance rangeFri, 14 Sep 2018 08:28:53 ESTToyota will use the Paris auto show to unveil the first of its GR Sport range of performance-oriented models, beginning with the Yaris small car. Brexit without a deal would complicate driving in Europe, UK saysFri, 14 Sep 2018 05:20:20 ESTLeaving the EU without a divorce deal could make life for UK citizens and businesses more difficult, including forcing motorists to get an international license to drive in Europe, the government said. UK government wants to uphold CO2 rules in no-deal BrexitFri, 14 Sep 2018 04:34:14 ESTThe UK government will try not to impose extra burdens on the auto industry for reporting CO2 emissions if it leaves the EU without a deal, but will seek to maintain rules that correspond to current bloc arrangements. VW seeks industry alliance for self-driving technologyFri, 14 Sep 2018 00:01:00 ESTVW wants to team up with other automakers to create an industry standard for self-driving technology. Such a move would give companies better legal protection following accidents involving autonomous cars, VW believes. Dealer groups' lost sales likely to be offset by rebound in Hurricane Florence's wake, analysts sayThu, 13 Sep 2018 16:20:47 ESTHurricane Florence -- now battering the North Carolina coast -- prompted store closures and lost sales, and is likely to result in property damage to showrooms and inventory, but analysts expect fourth-quarter benefits for dealers to more than... Denso, Bosch suspend operations at plants near Hurricane Florence pathThu, 13 Sep 2018 17:54:10 ESTAs the fringes of Hurricane Florence begin to slash the Carolina coasts in the U.S. with heavy rain and strong winds, Denso suspended operations at a plant. Bosch temporarily shut down three facilities. Adient names DelGrosso CEO, succeeding interim chief Fritz Henderson Thu, 13 Sep 2018 10:13:05 ESTSeating supplier Adient named turnaround veteran Douglas DelGrosso as its next CEO, replacing former GM chief Fritz Henderson. Iconic Volkswagen Beetle to become latest victim of SUV crazeThu, 13 Sep 2018 13:54:33 ESTVolkswagen will end production of the iconic Beetle in 2019, closing another chapter for one of the auto industry's most storied nameplates. DS 3 Crossback will give PSA's upscale brand an electric boostThu, 13 Sep 2018 10:55:19 ESTPSA's upscale brand, DS Automobiles, hopes the DS 3 Crossback will continue an upturn in the brand's fortunes. The SUV will offer electric, gasoline and diesel powertrains. Skoda unions oppose moving Superb output to GermanyThu, 13 Sep 2018 06:33:45 ESTVW Group has been looking for ways to increase Skoda's production to keep pace with robust demand. But Skoda unions oppose a proposal to move some production of the Superb sedan to Germany, from the Czech Republic. France's Saft plans next-gen EV battery output in 2020Thu, 13 Sep 2018 03:45:55 ESTFrance's Saft, a unit of energy company Total, expects its four-way European battery alliance with Siemens, Solvay and Manz to begin mass production of next-generation lithium ion batteries starting in early 2020. Daimler buys stake in VW's Heycar used-car platformThu, 13 Sep 2018 05:59:46 ESTDaimler will buy a 20 percent stake in Heycar, a used-car portal launched last year by rival VW Group. Why Fiat Chrysler wants $7 billion for Magneti MarelliWed, 12 Sep 2018 09:25:40 ESTFiat Chrysler is seeking more than $7 billion for partsmaker Magneti Marelli in exclusive sale talks with a supplier owned by KKR, Bloomberg reported. VW ex-CEO, Bosch CEO won't testify in diesel-cheat trialWed, 12 Sep 2018 15:52:54 ESTFormer VW Group CEO Martin Winterkorn and Bosch CEO Volkmar Denner are no longer expected to testify in a trial brought by investors against VW's main shareholder, Porsche SE. VW CEO warns of higher-than-expected EV costsWed, 12 Sep 2018 11:25:01 ESTVW Group CEO Herbert Diess said the automaker's plan to launch 80 new EVs across its brands including Audi, Porsche, Skoda and Seat, and offer an electrified version of each of its 300 group models will cost more than the $23 billion originally... Pioneer gets financial lifeline as car navigation business strugglesWed, 12 Sep 2018 07:41:47 ESTPioneer secured a bailout worth up to $540 million from Baring Private Equity Asia, after failed bets on car navigation and audio systems saddled it with debt and pushed it into the red. Lexus dumps side mirrors for sleek digital camera Wed, 12 Sep 2018 09:44:22 ESTLexus is dropping traditional side mirrors for sleek digital cameras in what it calls an industry-first move to improve safety, visibility and cabin solitude. VW brand must become significantly more efficient, Diess saysWed, 12 Sep 2018 06:12:14 ESTThe VW brand needs higher profits to be able to finance its future, VW Group CEO Herbert Diess told the automaker's staff magazine. Porsche's latest experiments with on-demand accessWed, 12 Sep 2018 09:46:56 ESTPorsche's ongoing experimentation with on-demand vehicle access has generated two more pilot programs. The goal: Find ways to get people into Porsches. Citroen to debut plug-in hybrid SUVWed, 12 Sep 2018 09:58:09 ESTCitroen will show a plug-in hybrid concept version of the C5 Aircross SUV at next month's Paris auto show.