Europe car sales rise for first time in 19 monthsMay 17, 2013 08:34 CET European car sales rose for the first time in 19 months on strong demand in the UK and a rebound in Germany. Registrations in April increased 2 percent to 1.08 million vehicles from 1.06 million cars a year earlier, industry association ACEA said.... Read More »
Valeo Q1 sales edge higher as China, N.A. demand offsets Europe weaknessApril 25, 2013 06:01 CET  French supplier Valeo said first-quarter sales rose slightly as demand in China and North America helped offset a slump in Europe's car markets.... Read More »
Europe car sales drop 10% as Germany plungesApril 17, 2013 08:34 CET European car sales dropped 10 percent in March as declines at PSA, Ford and VW and a plunge in Germany put the industry on pace for the fewest annual deliveries in 20 years.... Read More »
Polish car production falls 24% in first quarterApril 10, 2013 13:31 CET  Polish car production fell an annual 24 percent in the first quarter following a decision by Fiat to transfer output of its best-selling Panda minicar from Poland to Italy and layoff workers at its Tychy factory.... Read More »
Europe's automakers worried by Japan free-trade agreementApril 6, 2013 06:01 CET  Europe's automakers are concerned that a proposed free-trade agreement between the EU and Japan may end up favoring their Japanese competitors.... Read More »
PRODUCTION Renault's Dacia output halted by pay strike in RomaniaMarch 20, 2013 16:45 CET  Renault's Romanian unit Dacia stopped production as employees went on strike in a dispute over pay, the company said.... Read More »
Opel aims to match last year's European car sales in softer 2013 marketMarch 4, 2013 16:40 CET  Opel aims to match last year's European sales results in 2013 thanks to the launch of the new Adam subcompact and Cascada cabriolet models, the brand's sales chief Duncan Aldred said.... Read More »
Ford unveils EcoSport SUV for EuropeFeb. 25, 2013 13:55 CET  Ford today unveiled the European version of its EcoSport subcompact SUV, a model the automaker hopes will help counter the company's falling sales in the region. The EcoSport will go on sale in Europe at the end of the year.... Read More »
Ford, PSA and Toyota hit hard as Europe sales slump to 23-year lowFeb. 19, 2013 08:34 CET  European passenger car registrations fell 8.5 percent in January to their lowest total for the month since 1990. Ford, PSA and Toyota had the steepest declines while Opel and Kia bucked the downward trend, along with most premium brands.... Read More »
Carmakers pin hopes on Europe's UK bright spotFeb. 19, 2013 14:18 CET  The UK was the only major European car market to grow sales last year, but to maintain the growth, automakers may have to keep offering such large incentives that they may erode any remaining profit.... Read More »
BMW, Mercedes hatches head to India after China flopJan. 22, 2013 06:01 CET  Hatchbacks from BMW, Mercedes-Benz and Audi grew so popular in Europe that the carmakers bet Chinese consumers would feel the same way. They didn't. Next stop: India.... Read More »
Russian car sales will rise 5% in 2013, PwC saysJan. 22, 2013 10:07 CET  Russian car sales will likely rise by 5 percent in 2013 to around 2.9 million, PricewaterhouseCoopers said on Tuesday. The figure represents a slowdown from the previous year but is in stark contrast to recession-bound Europe where car sales slid to a 17-year low.... Read More »
Faurecia profit drops on weak European car marketJan. 16, 2013 09:25 CET  French supplier Faurecia posted a 62 percent drop in full-year net income, due partly to restructuring charges linked to falls in production in Europe's troubled car markets.... Read More »
Honda will cut 800 UK jobs on falling European demandJan. 11, 2013 11:35 CET  Honda plans to cut about 800 jobs at its plant in Swindon, southwest England, due to falling demand for its vehicles across Europe. It is the first time Honda has cut jobs in the UK since it began car production there in 1992.... Read More »
Opel dismisses report of possible PSA takeoverJan. 8, 2013 12:44 CET  Opel says a French newspaper report that cited government officials as saying PSA should buy the GM subsidiary is "pure speculation."... Read More »
Europe car sales fall to 19-year lowDec. 14, 2012 09:49 CET European car sales fell 10 percent to 965,918 units in November, bringing registrations this year to a 19-year low, as austerity-hit buyers stayed out of showrooms.... Read More »
European car sales seen flat in 2013, says Italy's ANFIADec. 12, 2012 14:05 CET European new-car sales in 2013 will remain more or less at 2012 levels, the chief of the Italian carmakers' association ANFIA said.... Read More »
PSA will eliminate additional 1,500 jobs as Europe sales dropDec. 12, 2012 06:01 CET  PSA plans to shed an additional 1,500 jobs by 2014, deepening its workforce reduction as car sales in Europe plunge to levels not seen in nearly two decades. The cuts, which come on top of 8,000 announced in July, will be made by not replacing people who leave.... Read More »
Marchionne takes Volkswagen rivalry to U.S. with special rebatesDec. 10, 2012 06:01 CET  Fiat and Chrysler boss Sergio Marchionne is exporting his rivalry with VW from Europe to the United States, with the offer of a $1,000 rebate to current Volkswagen owners in the U.S. to buy a Fiat or Chrysler vehicle.... Read More »
EU will start free trade talks with Japan despite carmaker fearsNov. 29, 2012 13:47 CET EU trade ministers agreed to start negotiations toward a free-trade agreement with Japan despite resistance from European carmakers.... Read More »
European car market shrinkage slows in OctoberNov. 16, 2012 08:16 CET  Europe's new car market shrank at a slower pace in October than in recent months, but nearly all major groups still suffered double-digit declines, as consumers showed little inclination to make big-ticket purchases in a slow economy.
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Fiat-VW dispute highlights tensions as market hits 17-year lowSept. 28, 2012 10:04 CET  Fiat CEO Sergio Marchionne and Volkswagen CEO Martin Winterkorn resolved a dispute that threatened to paralyze Europe's main car lobby group as the region's market sinks to a 17-year low.... Read More »
Renault seeks French labor deal to cut costs, Tavares saysSept. 27, 2012 16:57 CET Renault will ask unions for a new nationwide deal on pay and conditions to avert plant closures and mass layoffs of the kind announced by troubled rival PSA/Peugeot-Citroen, Chief Operating Officer Carlos Tavares told Reuters.... Read More »
Hyundai Europe to delay sales, market share targets by at least one yearSept. 26, 2012 11:37 CET  Hyundai's European operations will likely need to defer its mid-term sales and market share targets due to a dismal outlook for overall demand in the region, said Allan Rushforth, COO of Hyundai Europe.... Read More »
Fiat will delay disclosing future production plans in Italy, reports saySept. 24, 2012 09:31 CET Fiat will delay disclosing plans for the future of its Italian factories when it reports results at the end of next month, two newspapers said on Monday.... Read More »
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