VolkswagenPorsche-Piech family buys Qatar's 10% stake in VW's majority ownerJune 17, 2013 11:19 CET The Porsche-Piech family bought Qatar Holding's 10 percent stake in Porsche Automobil Holding SE to regain full control of the majority owner of Volkswagen Group.... Read More »
AUTOMOTIVE NEWS EUROPE E-MAGAZINE Peugeot, Seat, Ford push LED headlamps into European mass marketJune 17, 2013 06:01 CET When Peugeot launches its new 308 at the Frankfurt auto show in September it will become the first automaker in Europe to offer full-LED headlamps as standard in the majority of the compact's trim lines. This is a big leap for the technology, which for years was only available on high-end models such as the Audi R8 and Mercedes-Benz CLS because of it costs about three times as much as comparable xenon lights.... Read More »
Audi puts $2,000 premium on 3 new diesels 12:01 am U.S. ET | June 17, 2013 Audi plans to charge a premium of more than $2,000 for its three new TDI models, testing luxury buyers' willingness to pay for the fuel economy of a diesel. The company announced last week that the A6 TDI sedan will start at $58,395; the A7 TDI four-door coupe will start at $67,795; and the Q5 TDI crossover will start at $47,395. All prices include shipping.... Read More »
AUTOMOTIVE NEWS EUROPE CONGRESS Audi sales boss calls for car-to-car data standard 12:01 am U.S. ET | June 17, 2013 The auto industry needs a standard for car-to-car and car-to-infrastructure data communication in order to keep a leading role in providing services to motorists, says Luca de Meo, Audi board member for sales and marketing.... Read More »
AUTOMOTIVE NEWS EUROPE CONGRESS VW, BMW expected to come out of Europe's crisis best 12:01 am U.S. ET | June 17, 2013 The biggest and strongest automakers, or those whose vehicles have high average selling prices, will best emerge from the European economic crisis, Morgan Stanley analyst Stuart Pearson said.... Read More »
Automakers spread more glue to eliminate weight, rattles 12:01 am U.S. ET | June 17, 2013 Carmakers including Audi and Mercedes-Benz are turning to high-tech adhesives as they seek ways to make vehicles lighter and tougher. Automakers are using more aluminum and exotic composites, which cannot be welded together but have to be glued with adhesives that will not lose their strength and can hold together parts even at top speeds and high pressure.... Read More »
Soon, waving a finger will switch radio stations 12:01 am U.S. ET | June 17, 2013 Gesture control, the use of hand gestures to control a vehicle's infotainment system, is gaining momentum. Suppliers are developing technologies that allow motorists and passengers to adjust a vehicle's audio, climate control or navigation system through motion sensors. The technology works like Microsoft's Kinect game system.... Read More »
NUTS & BOLTS Audi is cheaters' top choice, says UK Web siteJune 14, 2013 06:01 CET Audi seems to be suffering from declining loyalty -- or rather, the spouses of Audi owners may be.... Read More »
VW Group sales up 7% in May on China, U.S. demandJune 14, 2013 10:59 CET VW says global group sales rose 7 percent to 816,500 in May as strong demand in China and the United States continued to help offset weaker deliveries in European markets.... Read More »
VW-brand China sales rise 19% in MayJune 14, 2013 09:35 CET Sales of Volkswagen's core brand in China rose nearly 19 percent to 197,000 units in May outpacing overall industry sales, which rose just 9 percent. The Lavida sedan and Tiguan compact SUV both helped power demand in the market last month, according to LMC Automotive.... Read More »
VW bond sale is not preparation for further takeovers, report saysJune 13, 2013 09:28 CET Volkswagen's second bond sale in seven months aims to bolster finances strained by takeovers, rather than readying the group to add further acquisitions to its 12-brand portfolio, sources close to the German automaker said.... Read More »
2013 AUTOMOTIVE NEWS EUROPE CONGRESS Investors pick VW and BMW as crisis winners in EuropeJune 12, 2013 12:27 CET Investors have picked Volkswagen Group and BMW as the winners in a European automotive market that will continue to decline, Morgan Stanley analyst Stuart Pearson said.... Read More »
Mercedes reloads E class to take on BMW, Audi 3:34 pm U.S. ET | June 12, 2013 Daimler AG's Mercedes-Benz is rolling out a revamped E class line as it tries to win back the U.S. luxury sales crown from BMW.... Read More »
2013 AUTOMOTIVE NEWS EUROPE CONGRESS Audi sales boss calls for global car-to-car data standardJune 12, 2013 17:00 CET Audi sales boss Luca de Meo wants the European auto industry to lead the way when it comes to creating a common global standard for car-to-car and car-to-infrastructure data communication.... Read More »
For some, driving is more stressful than skydiving 10:54 am U.S. ET | June 12, 2013 According to research funded by Audi, driving in chaotic urban traffic can be nearly as stressful for some people as skydiving. The study, conducted by the Massachusetts Institute of Technology, used Audi Q5s to test driver frustration, Audi said in a statement.... Read More »
Volkswagen will recall 26,000 cars in Australia on transmission worriesJune 12, 2013 08:55 CET Volkswagen will recall almost 26,000 cars in Australia in response to potential problems with its DSG dual-clutch transmission, mirroring recalls already ordered in China, Singapore and Japan.... Read More »
Audi sees sedan becoming best-selling A3 variantJune 12, 2013 09:19 CET Audi says it expects half of future A3 customers will opt for its new sedan variant after the model goes on sale in the third quarter.... Read More »
VW brand sales rise 5.5% in May as China demand offsets Europe dropJune 11, 2013 09:47 CET Volkswagen Group said that global sales of its core VW brand rose 5.5 percent in May to 503,100 vehicles, lifted by gains in China, which helped offset weak Europe sales and a slowdown in markets including the United States.... Read More »
Audi revamps Web site for the smartphone set 12:01 am U.S. ET | June 10, 2013 Audi has tried to cultivate a tech-savvy image in the United States, becoming one of the first brands to offer Wi-Fi in most vehicles. But until recently, Audi of America's Web site, audiusa.com, did little to shore up that image. When shoppers configured cars, the photos were small, drab and not very useful, says Mark Ramsey, general manager of digital retail operations at Audi of America.... Read More »
Lithia adds BMW, Honda, VW stores in Oregon to growing roster 6:40 pm U.S. ET | June 10, 2013 Lithia Motors has acquired three new-car dealerships in Oregon that will add $110 million in estimated annual revenues. Lithia said Monday it had purchased the O'Brien Auto Group of Salem in Salem, Ore.... Read More »
Need a parking space? Audi has an app for that 12:01 am U.S. ET | June 10, 2013 A new app available in Audi vehicles makes it easier to find parking spaces. ParkMe Inc., a Santa Monica, Calif., company that collects parking data from operators of lots in 1,800 cities in 19 countries, said at a telematics conference here that it is providing Audi with real-time parking data available through vehicle infotainment systems.... Read More »
Audi is cheaters' top choice, says U.K. Web site 12:01 am U.S. ET | June 10, 2013 Audi seems to be suffering from declining loyalty -- or rather, the spouses of Audi owners may be.... Read More »
Wall Street executive buys a car, then the dealership 12:01 am U.S. ET | June 10, 2013 In 2005 Jonathan Sobel bought an M3 convertible at a BMW dealership. At the time, he was a partner at Goldman Sachs. Five years later, Sobel -- by then a financial services and real estate entrepreneur -- came back and bought the dealership.... Read More »
Pohlad family was drawn by strength of the brands 12:01 am U.S. ET | June 10, 2013 The Pohlad family is better known for its achievements in banking, beverages and baseball. They own the Minnesota Twins baseball team and bankrolled the movie sensation Brokeback Mountain. When the chance to buy a BMW dealership in Minnesota came along in 2008, the three Pohlad brothers studied auto retailing's parallels to their other businesses.... Read More »
Polish car production falls 7% in MayJune 10, 2013 11:01 CET Car production in Poland -- where Fiat, GM and VW Group have plants -- fell 7 percent in May, industry monitor SAMAR said. The group added that weak European demand and a run of public holidays had reversed a rise in the previous month. In Poland, nearly 99 percent of cars assembled are for export, mostly within Europe.... Read More »
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Dealer O.C. Welch's big-truck turnaroundAfter Mercury's demise, South Carolina Ford-Lincoln dealer O.C. Welch had to find a way to replace lost revenue. He decided to load up on Super Duty pickups – and sell them online. Mon., June 17» Watch the Video |
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