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AUTOMOTIVE NEWS EUROPE E-MAGAZINE Race for luxury lead heats upApril 2, 2013 06:01 CET Audi and Mercedes are both vying to be the world's No. 1 luxury brand as the race heats up to topple BMW from the top position. The three premium giants not only want to lead with the most sales, but also in profitability and with the desirability of their products.... Read More »
VW profit lead over Toyota under threat as demand wobbles 12:01 am U.S. ET | March 18, 2013 VW CEO Martin Winterkorn achieved the company's goal of surpassing rivals GM and Toyota in profit in 2012 but this year's race will be tighter as Toyota bounces back.... Read More »
VW profit lead over Toyota under threat as demand wobblesMarch 18, 2013 06:01 CET VW CEO Martin Winterkorn achieved the company's goal of surpassing rivals GM and Toyota in profit in 2012 but this year's race will be tighter as Toyota bounces back.... Read More »
Marchionne's big gambleMarch 7, 2013 06:01 CET Fiat CEO Sergio Marchionne is betting billions of euros that Alfa Romeo and Maserati will help drive the automaker's money-losing European operations back into the black by 2015-2016. He's also counting on the underperforming sporty brands to help ignite a production boom that will turn the company's under-used European plants into export champions.... Read More »
PAUL MCVEIGH Three words describe PSA's new brand strategy 12:01 am U.S. ET | Feb. 15, 2013 CEO Philippe Varin said PSA's latest product strategy can be summarized in three words for each brand and subbrand.... Read More »
Has VW discovered the Holy Grail of carmakers? 2:17 am U.S. ET | Feb. 11, 2013 Ulrich Hackenberg isn't yet a household name but if Volkswagen's $70 billion bet on his big idea pays off, he may join the likes of Henry Ford, Alfred Sloan and Taiichi Ohno in the canon of auto industry pioneers.... Read More »
Has VW discovered the Holy Grail of carmakers?Feb. 11, 2013 08:17 CET Ulrich Hackenberg isn't yet a household name but if Volkswagen's $70 billion bet on his big idea pays off, he may join the likes of Henry Ford, Alfred Sloan and Taiichi Ohno in the canon of auto industry pioneers.... Read More »
Zetsche's next term turns on Mercedes passing BMWFeb. 5, 2013 06:01 CET Daimler's board is set to extend CEO Dieter Zetsche's contract by five years, handing him the chance to deliver on his goals or risk the Mercedes brand falling further behind its competitors.... Read More »
LUCA CIFERRI Big, boring but profitable 12:01 am U.S. ET | Feb. 4, 2013 They are big and boring-looking, but light commercial vehicles are crucial to the financial health of many European volume brands. LCVs provide hefty profits -- as high as 9 percent -- and that cash has been invaluable to Renault, Fiat, Peugeot and Opel.... Read More »
VW sells 2.5 billion euros in bonds to raise cash after buying Porsche, DucatiNov. 6, 2012 12:49 CET Volkswagen has sold 2.5 billion euros ($3.2 billion) in bonds in order to boost liquidity after recently adding Porsche and Ducati to its brand portfolio. Analysts said the money may be used to complete the takeover of German truckmaker MAN SE, which VW already controls.... Read More »
VW's European dominance overpowers rivalsAug. 21, 2012 06:01 CET Volkswagen Group has become so dominant in Europe that rivals are being left behind.... Read More »
DOUGLAS A. BOLDUC VW Group has rivals by the throat – don't expect any mercy 12:01 am U.S. ET | July 23, 2012 How has VW Group been able to boost its western European market share to 23.8 percent after five months this year from 18.1 percent in 2004? Rival automakers and market watchers say the increase has been fueled by massive Chinese profits.... Read More »
Daimler profit warning looms; PSA's woes don't make sense, analyst saysJuly 11, 2012 14:00 CET Daimler is “moments away from a profit warning” and things should not be as bad as they are at PSA. Those were some of the views shared by Bernstein Research analyst Max Warburton during his presentation at the Automotive News Europe Congress.... Read More »
COMMENTARY Should General Motors and Ford pull out of Europe?June 25, 2012 06:01 CET Do General Motors and Ford Motor still need to compete in Europe? Do they really need to keep building and selling cars in a market that has shifted from being low growth/low margin to no growth/no margin? Why continue losing money in Europe when China is forecast to become a 30 million unit-a-year market by 2020 and U.S. new-car sales are poised to return to 16 million a year much sooner than expected?... Read More »
Marchionne cuts 500 million euros from Fiat's European investmentsJune 15, 2012 08:19 CET Fiat is cutting investments in Europe by 500 million euros ($632 million) on expectations that the region's auto market won't recover in the second half. "The capital expenditure reduction is about half a billion euros from what we planned last year for 2012 in Europe," CEO Sergio Marchionne said.... Read More »
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