Europe

Russia's slump threatens Ford, GM in Europe

April 6, 2014 06:01 CET
Russia's falling ruble, shrinking car demand and threat of additional economic sanctions are hitting automakers such as Ford and GM's Opel division just as their European operations are recovering from a six-year slump.... Read More »

 

Russia's slump threatens Ford, GM in Europe

12:01 am U.S. ET | April 5, 2014
Russia's falling ruble, shrinking car demand and threat of additional economic sanctions are hitting automakers such as Ford and General Motors' Opel division just as their European operations are recovering from a six-year slump.... Read More »

 

Daimler expands Romania transmission plant to meet car demand

April 4, 2014 16:18 CET
Daimler is expanding its transmission plant in Sebes, Romania, as the manufacturer ramps up component supply to meet rising demand for Mercedes-Benz cars.... Read More »

 

Polish new-car sales rise 39% in March

April 4, 2014 10:11 CET
Polish new-car registrations increased 39 percent in March, providing another sign that Europe's car market is picking up after a six-year slump. It's Poland's 10th consecutive rise in year-on-year sales.... Read More »

 

Czech car sales up 20% in March on economy gains

April 4, 2014 12:44 CET
Czech new-car registrations increased 20 percent in March and grew 18 percent in the first quarter to 42,993 cars, the country's car importers association said. The Czech economy is rebounding after a record long recession.... Read More »

 

Nissan appoints diesel expert Shirakawa as European r&d chief

April 3, 2014 06:01 CET
Nissan named Takashi Shirakawa as its head of research and development in Europe, effective April 1.... Read More »

 

Ford boosts Fiesta output in Germany on growing demand

April 3, 2014 13:28 CET
Ford says it has increased production of the Fiesta by 200 units a day at its plant in Cologne, Germany, to satisfy growing demand for the subcompact.... Read More »

 

Infiniti names French executive as new Europe head

April 3, 2014 10:47 CET
Infiniti has named former Ford executive Francois Goupil de Bouille as head of its European operations to succeed Fintan Knight, who was in the post for less than a year.... Read More »

 

European car sales recovery gains pace as German deliveries rise 5%

April 2, 2014 12:46 CET
Germany joined France, Italy and Spain in posting higher new-car sales in March, adding to signs that a recovery in the European market is gaining strength.... Read More »

 

British car industry overwhelmingly backs EU membership, SMMT survey says

April 2, 2014 11:24 CET
More than 90 percent of companies operating in the British car industry want the UK to stay in the European Union, a survey commissioned by the Society of Motor Manufacturers and Traders showed.... Read More »

 

Ford will cut output, jobs in Russia as ruble and car demand weaken

April 2, 2014 06:01 CET
Ford's Russian joint venture is cutting production and about 950 jobs at two factories in response to the falling ruble and deteriorating demand in the country.... Read More »

 

Daimler mulls production of Mercedes cars in Russia

April 1, 2014 15:51 CET
Daimler is examining whether to build Mercedes-Benz cars in Russia as it seeks to expand its global production base and overtake German rivals BMW and Audi to become the world's top-selling premium automaker.... Read More »

 

Spanish car sales rise for seventh consecutive month

April 1, 2014 12:16 CET
New-car sales rose 10 percent in Spain in March, registering the seventh straight monthly increase as government subsidies continue to boost demand.... Read More »

 

French new-car sales rise 9% but market still in 'crisis mode'

April 1, 2014 11:07 CET
French car sales rose 9 percent in March -- helped by strong gains for Renault and PSA -- but the CCFA industry association remains cautious, warning: "We're still in crisis mode."... Read More »

 

Ukraine crisis makes Andersson's turnaround of AvtoVAZ tougher

12:01 am U.S. ET | March 31, 2014
Bo Andersson, the new CEO of Russia's No.1 carmaker AvtoVAZ, is battling to revive the business amid economic uncertainty caused by the Crimea crisis.... Read More »

 

Skoda unions, management agree 2% wage rise

March 28, 2014 16:15 CET
Unions and management at Skoda have agreed a wage deal for the next 12 months that will see workers receive a 2 percent rise in wages and a one-off payment.... Read More »

 

GM faces French dealer challenge over Chevy exit from Europe

March 28, 2014 19:47 CET
GM is facing a legal battle with a group of French Chevrolet dealers who are preparing to go to court over the terms of the brand's withdrawal from Europe.... Read More »

 

PSA and Dongfeng may cooperate in Russia, Brazil

March 28, 2014 11:20 CET
Dongfeng Motor Chairman Xu Ping said his company's cooperation with PSA could be expanded to include Brazil and Russia, two regions where the French automaker must improve its financial performance.... Read More »

 

AvtoVAZ's 2013 loss shows scale of turnaround task for Russia's No. 1 automaker

March 28, 2014 10:54 CET
Russia's No. 1 carmaker, AvtoVAZ, slumped to a loss last year, hit by falling sales of its Lada cars, underlining the task facing new CEO Bo Andersson as he battles to revive the business amid economic uncertainty caused by the Crimea crisis.... Read More »

 

GM faces French dealer challenge over Chevy exit from Europe

1:47 pm U.S. ET | March 28, 2014
General Motors is facing a legal battle with a group of French Chevrolet dealers who are preparing to go to court over the terms of the brand's withdrawal from Europe.... Read More »

 

VW's Slovak unit raises vehicle output 2% in 2013

March 27, 2014 15:51 CET
VW Group raised output at its Slovak unit 2 percent last year on strong demand for the SUVs and minicars built at its Bratislava plant.... Read More »

 

European suppliers' prospects helped by region's recovery, Moody's says

March 26, 2014 11:49 CET
European suppliers' prospects should be boosted by a recovery in domestic demand for new cars, coupled with continued emerging market growth, Moody's credit rating agency said.... Read More »

 

VW's Seat brand will add SUV in 2016

March 26, 2014 13:27 CET
Volkswagen Group will add a compact SUV to its Seat division's lineup in 2016 to win new customers and accelerate a turnaround at VW's only unprofitable unit.... Read More »

 

Honda cuts UK car output on weak growth outlook

March 25, 2014 16:50 CET
Honda will cut 340 jobs at its UK factory and reduce production to two shifts from three. The company said it does not expect sales to rebound in Europe in the next couple of years.... Read More »

 

Ferrari appoints new board members; chairman and CEO stay on

March 25, 2014 12:17 CET
Ferrari has reappointed Luca Cordero di Montezemolo as chairman and Amedeo Felisa as CEO, while appointing four new members to the board.... Read More »

 

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