Automotive News Europe News Feed http://europe.autonews.com News, blogs and commentary from the leader in European automotive news en-us Thu, 23 Mar 2017 06:00:00 EST Nissan appoints EV expert as new tech boss for EuropeThu, 23 Mar 2017 05:39:38 ESTNissan has appointed company veteran Nobusuke Toukura as the head of its European technical center. Toukura succeeds Takashi Shirakawa, who will be chief vehicle engineer at Nissan's global product development division. VW Group's retail company to sell 275 dealershipsThu, 23 Mar 2017 05:20:32 ESTVolkswagen Group's retail chain, Porsche Holding Salzburg, one of Europe's biggest dealers, is selling 275 sales locations to independent group Emil Frey to concentrate on selling cars only from VW's 12 brands. VW's Seat will get a midsize SUV built in WolfsburgThu, 23 Mar 2017 07:17:23 ESTVW Group's Seat brand will add a midsize SUV that will be built at VW's factory in Wolfsburg. The SUV will help Seat, which reported its first annual operating profit since 2007, to build on its recovery. Mercedes faces complaint from China's Chery over EQ nameThu, 23 Mar 2017 04:33:17 ESTChinese automaker Chery has filed a complaint with the country's trademark regulator over Mercedes' use of the "EQ" name for a subbrand of electric vehicles, presenting a potential obstacle for the German carmaker in the world's largest EV market. UK car production hits 17-year high in FebruaryThu, 23 Mar 2017 06:34:10 ESTUK car production rose by 8 percent in February to its highest level in 17 years as a strong rise in exports helped by a weaker pound compensates for a slump in demand at home. Tata Steel looks to expand key product beyond BMW to volume brandsThu, 23 Mar 2017 00:01:00 ESTHurt by rising steel imports from China, Tata Steel in Europe is aggressively pushing its higher-margin tailored blanks business to generate more income. France likely would reduce Renault 20% stake at right priceThu, 23 Mar 2017 04:53:24 ESTFrance does not rule out reducing its stake in Renault under the best possible market conditions, its finance minister said. BMW chases volume growth in large cars, less so in small onesWed, 22 Mar 2017 08:01:31 ESTBMW is chasing volume growth mainly in the large car and SUV segments, while the less profitable small car segment is not being pushed as hard, CEO Harald Krueger said. Daimler employees investigated for potential emissions fraudWed, 22 Mar 2017 11:24:27 ESTGerman prosecutors have opened an investigation against employees at Daimler. The employees are being investigated over diesel-manipulation allegations, Bloomberg reported. UK lawmakers demand more answers from VW over diesel scandalWed, 22 Mar 2017 07:08:31 ESTUK lawmakers have written to VW Group seeking more answers from the automaker over its diesel-emissions scandal, after criticizing the firm for failing to adequately respond to their queries so far. London black cab company starts electric taxi productionWed, 22 Mar 2017 07:35:22 ESTThe London Taxi Company has opened a new factory in central England to produce an electric verion of the iconic black cab. Sogefi will open first Africa plant in MoroccoWed, 22 Mar 2017 06:36:26 ESTSogefi plans to open a new factory in Morocco to build engine filtration systems. Moroccan car output has grown as foreign automakers invest in a market that Sogefi predicts will reach a production volume of about 1 million vehicles annually by 2025. VW brand has no budget-car plans with Tata in IndiaWed, 22 Mar 2017 00:01:00 ESTVolkswagen Group's core VW brand currently has no plans to develop a small budget car for India and other low-cost markets with Tata Motors. China's Geely doubles earnings as Volvo tech boosts salesWed, 22 Mar 2017 04:43:56 ESTChina's Geely Automobile posted its biggest profit growth in eight years in 2016, as improved product design and engineering following its 2010 purchase of Volvo helped to propel it to record sales. Porsche SE posts profit as owner family plans to buy out PiechTue, 21 Mar 2017 06:29:12 ESTPorsche Holding SE, Volkswagen Group's majority shareholder, returned to profit last year after a loss in 2015 triggered by VW's emissions scandal. VW hurries new EVs to meet CO2 targetsTue, 21 Mar 2017 00:01:00 ESTVolkswagen must have the first of its I.D. purpose-built electric cars on sale by 2020 to achieve CO2 reduction targets in Europe and China, company executives said. BMW fights back against Mercedes with biggest model launch to dateTue, 21 Mar 2017 05:26:53 ESTBMW plans the biggest rollout of new and revamped models in its history as the automaker fights back after losing the luxury sales crown to Mercedes. BMW reviews UK options post-Brexit but presses ahead with Mexico plantTue, 21 Mar 2017 05:52:33 ESTBMW said it is reviewing its UK factories ahead of Brexit and that construction of its new Mexico plant is "proceeding according to plan." Panasonic will take control of Spanish supplier FicosaTue, 21 Mar 2017 04:52:18 ESTPanasonic will become the majority owner of Spanish supplier Ficosa as it bolsters its push into the automotive sector. The Japanese company, which already holds 49 percent of Ficosa, will buy an additional 20 percent of the Spanish firm. Mini maxes out with CountrymanTue, 21 Mar 2017 00:01:00 ESTThe Mini Countryman has grown to become the BMW subsidiary's biggest model to date and now competes in the compact class, the first Mini to do so. VW clan aims for quick deal over Ferdinand Piech's shares, report saysMon, 20 Mar 2017 10:55:14 ESTThe Porsche and Piech families are looking to strike a swift deal to buy Ferdinand Piech's shares in Porsche SE, the holding company that controls 52 percent of VW Group's shares, Reuters reported. French watchdog clears Opel of cheating on diesel emissionsMon, 20 Mar 2017 04:55:53 ESTFrance's consumer fraud watchdog cleared Opel of suspected diesel-emissions cheating. The watchdog has previously sent files to prosecutors detailing suspected emissions fraud by Fiat Chrysler, Renault and PSA. Peugeot family says Opel deal paves way for global expansionSun, 19 Mar 2017 09:45:06 ESTPSA Group's acquisition of Opel gives the French automaker greater scale to pursue global expansion plans, family shareholder Jean-Philippe Peugeot told a German newspaper. Piech may sell Porsche SE stake by end May, paper saysSun, 19 Mar 2017 04:14:07 ESTFormer Volkswagen Group Chairman Ferdinand Piech may sell his stake in the holding company that is VW's majority shareholder to other members of the Porsche and Piech clans before May 30, Bild am Sonntag said. Renault aims for profit from Alpine sports carSun, 19 Mar 2017 00:01:00 ESTRenault says its Alpine A110 sports car is more than an exercise in nostalgia. The company expects the mid-engine coupe to be profitable and it could be the first in a new line of vehicles for the revived Alpine brand. Renault faces tough task staying Europe's No. 2 brand as product push slowsSun, 19 Mar 2017 00:01:00 ESTRenault has overtaken Ford and Opel to become the second-largest brand in Europe by unit sales, but analysts say that success will be harder to maintain in 2017 as growth in the overall European market slows and the product pipeline empties out. How PSA plans to succeed in IndiaSat, 18 Mar 2017 00:01:00 ESTPSA believes it has a key to succeed in India. Piech is in talks to sell his stake in Volkswagen ownerFri, 17 Mar 2017 10:58:37 ESTFormer Volkswagen Chairman Ferdinand Piech is in talks to sell his stake in Porsche SE, the family company that controls VW Group. Audi defends plan for second JV in ChinaFri, 17 Mar 2017 00:01:00 ESTAudi defended a plan that has angered some of its China dealers and led to a plunge in its sales in its No. 1 market. Audi says the creation of a second China JV with SAIC-VW would help the company grow and also diversify risks. Magna may open Slovenia car plant as it adds Jaguar EV to BMW, Mercedes outputFri, 17 Mar 2017 04:57:52 ESTMagna may invest up to $1.3 billion in Slovenia to open a car plant. The company's current European plant in Austria, which builds Mercedes and BMW models, is running out of capacity as Magna gears up to add output of two Jaguar Land Rover vehicles. VW's Diess wins labor backing for reform, paper saysFri, 17 Mar 2017 05:21:42 ESTVW Group's powerful labor chief, Bernd Osterloh, said a dispute with VW brand boss Herbert Diess over how to implement reforms at the automaker's core brand has been laid to rest. "That's history," Osterloh told a German newspaper. VW Group sales fall nearly 1% in February as Audi suffers in ChinaFri, 17 Mar 2017 09:57:29 ESTVolkswagen Group's global vehicle sales fell 1 percent last month as growth in markets including the U.S. and Russia failed to offset declines in China and Europe. Porsche looks to digital services to lift revenueFri, 17 Mar 2017 09:38:07 ESTPorsche wants to generate at least 10 percent of its annual revenue from digital services. European sales rise 2% amid political uncertaintyThu, 16 Mar 2017 05:11:29 ESTNew-car registrations rose 2 percent in Europe last month even though major brands such as VW, Opel and Peugeot posted lower sales. Growth is cooling amid political uncertainty and a saturated market. BMW could be key to Swedish dealer Bilia doubling Europe salesThu, 16 Mar 2017 09:00:13 ESTBilia's partnership with Volvo has helped the Swedish auto dealer conquer the Nordic market. Now it's hoping a similar alliance with BMW will help it succeed in other parts of Europe as it tries to counter slowing growth at home. Renault-Nissan creates LCV unit; Mitsubishi will be involvedThu, 16 Mar 2017 05:45:02 ESTRenault and Nissan have taken another step toward integrating their global alliance, announcing the creation of a joint light commercial vehicle business unit in an effort to reduce costs, share technology and increase sales in a growing segment. Toyota will invest $294 million in UK car plantThu, 16 Mar 2017 07:03:45 ESTToyota will invest 240 million pounds ($294 million) in its UK car plant to prepare it to build vehicles on a new platform, but the automaker warned that continued tariff-free access to the European single market after Brexit remained a crucial... Opel will push ahead with EVs, flagship SUV under PSA ownershipWed, 15 Mar 2017 12:18:56 ESTOpel will press on with plans to add more EVs and a flagship SUV under new owners PSA, the German automaker's CEO, Karl-Thomas Neumann, told a motoring magazine. Audi offices, plants in Germany raided by prosecutors amid VW diesel scandalWed, 15 Mar 2017 04:33:09 ESTGerman prosecutors searched Audi's two biggest plants and other sites in connection with the emissions scandal still rocking parent Volkswagen Group, adding to pressure on the luxury division and its CEO Rupert Stadler. Audi aims to make EVs a 'must have'Wed, 15 Mar 2017 09:21:21 ESTAudi offered more details of its plans to launch three full-electric cars by 2020, starting with the e-tron SUV, as CEO Rupert Stadler outlined the automaker's plans to make EVs a "must have." Renault says emissions-cheating claim is unfairWed, 15 Mar 2017 11:14:46 ESTRenault pushed back against French newspaper article that described a confidential government report accusing the automaker of illegally manipulating diesel emissions tests. Nissan Europe promotes French exec to sales and marketing chiefWed, 15 Mar 2017 09:05:42 ESTNissan Europe named Philippe Saillard as its new head of sales and marketing, a promotion from his current role as vice president for sales. Audi will launch Q4 in 2019 in SUV pushWed, 15 Mar 2017 06:43:10 ESTAudi confirmed it will launch its Q4 in 2019 as the brand continues to expand in the fast-growing SUV/crossover market. The coupe-styled crossover will challenge models such as the BMW X2 and the Range Rover Evoque. Why tougher EU emissions rules put the combustion engine's future in doubtWed, 15 Mar 2017 00:01:00 ESTThe EU is set to reshape the industry later this year when it agrees on stringent emission targets for the next decade that could mark the beginning of the end for traditional combustion-powered vehicles in the world's largest economic bloc. Ford sees further UK price increases after Brexit voteTue, 14 Mar 2017 09:11:31 ESTFord says UK car prices will have to rise again to offset the fall in value of the pound following the country's vote to leave the EU. VW CEO Mueller earns $8.28 million in pay and benefitsTue, 14 Mar 2017 10:00:01 ESTVW Group CEO Matthias Mueller was awarded 7.78 million euros ($8.28 million) in pay and benefits for 2016, up from 4.17 million euros in total remuneration last year. Volkswagen leaves door open to Fiat Chrysler talksTue, 14 Mar 2017 09:27:33 ESTVolkswagen Group CEO Matthias Mueller said he did not rule out the possibility he could hold merger talks with Fiat Chrysler boss Sergio Marchionne, in a marked change of tone by the German carmaker toward its Italian peer. Mitsubishi management changes remake automaker in Nissan's imageTue, 14 Mar 2017 04:33:54 ESTNissan is increasing its mark on new alliance partner Mitsubishi though a new management shuffle that puts more foreigners and a woman into top executive slots. Infiniti names former BMW exec Habib as design chiefTue, 14 Mar 2017 05:16:55 ESTInfiniti, Nissan's premium brand, named Karim Habib, former global design chief for BMW, as the brand's new chief designer. VW Group targets strong 2017 even as Audi and VW brands struggleTue, 14 Mar 2017 05:04:29 ESTVolkswagen Group said it was capable of shouldering the costs of its diesel-emissions crisis even as its core VW brand continues to struggle and profitability is falling at Audi, the automaker's biggest earnings contributor. %]