Europe

ThyssenKrupp plans to sell axle systems unit, report says

9:40 am U.S. ET | April 14, 2015

German steelmaker ThyssenKrupp is selling its automotive contract assembly unit, which makes axle systems for car makers, as it seeks to streamline its activities and beef up profitability, two sources familiar with the deal told Reuters....
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Is Germany making too many luxury cars?

8:39 am U.S. ET | April 14, 2015

Massive sales gains present some tricky terrain for a luxury brand. The appeal of a German-born luxury car, at least in part, is the air of exclusivity. So how do Germany's car bosses deal with that potential stigma?...
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UK tribunal cuts fine against accountancy firm over MG Rover work

April 14, 2015 12:53 CET

A UK tribunal has cut a 14 million pound ($20.5 million) fine against accountancy firm Deloitte in relation to work done for carmaker MG Rover Group. The British automaker was put into administration in 2005 with debts of 1.4 billion pounds and the loss of 6,000 jobs....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Renault Kadjar, VW Tiguan will help drive compact SUV sales past 2 million

April 14, 2015 06:15 CET

Rivalry in Europe's compact SUV/crossover segment will intensify as more brands compete with refreshed models or all-new entries such as the Renault Kadjar. By 2020 sales in the segment are forecast to double to more than 2 million....
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Valeo says Audi will use its supercharger to reduce lag and save fuel

April 13, 2015 06:01 CET

Valeo says other automakers likely will follow Audi in using its electric supercharger that boosts an engine's acceleration while also saving fuel. The supplier said Audi will launch a production car with the supercharger next year....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Automakers defend diesels, call them key to meeting CO2 goals

April 13, 2015 06:15 CET

Automakers in Europe are calling for long-term clarity on legislation that affects diesels after some governments, including France, started to discourage buyers from purchasing vehicles that use the fuel because of air pollution concerns....
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Ford bullish on Russia as it takes control of local JV

April 10, 2015 11:58 CET

Ford says it has confidence in the Russian market despite collapsing vehicle sales. Ford is taking control of its Russian joint venture with Sollers and providing it with additional financial support. The automaker started production of its latest Mondeo at its St. Petersburg plant, the first of at least four new models the company plans to launch in Russia this year....
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Ford bullish on Russia as it takes control of local joint venture

6:00 am U.S. ET | April 10, 2015

Ford says it has confidence in the Russian market despite collapsing vehicle sales. Ford is taking control of its Russian joint venture with Sollers and providing it with additional financial support. The automaker today started production of its latest Mondeo at its St. Petersburg plant, the first of at least four new models the company plans to launch in Russia this year....
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VW will expand Slovak plant for Bentley SUV production

April 10, 2015 06:01 CET

VW Group will invest 500 million euros to expand its Bratislava, Slovakia, factory as it prepares to add production of bodies for Bentley's new SUV. The factory builds minicars for VW, Skoda and Seat, along with the VW Touareg and Audi Q7 large SUVs and bodies for the Porsche Cayenne....
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EVs under pressure as plug-ins rise in Europe

April 10, 2015 06:01 CET

More full-electric vehicles were sold in Europe last year than plug-in hybrids, but plug-ins are poised to overtake EVs soon. The biggest market for EVs was Norway while the Netherlands was the biggest market for plug-ins....
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Daimler nearing decision on Russian Mercedes plant, report says

April 9, 2015 06:01 CET

Daimler has narrowed down potential sites for a Mercedes car plant in Russia to three locations, according to a Russian media report. Daimler will likely make a decision next month on whether to build Mercedes cars in the country where its vehicle sales are increasing despite the market's steep downturn, the report said....
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Skoda unions issue strike threat over pay demands

April 9, 2015 12:53 CET

Unions at Skoda, Volkswagen's Czech unit, warned that they may strike after rejecting the company's offer for a 3 percent pay rise....
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Western European sales recovery accelerated in March

April 8, 2015 17:46 CET

Western European new-car sales rose nearly 11 percent in March, helped by an increasing willingness by private customers to make purchases, particularly in the ailing southern European economies....
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Russian new-car sales fall 43% as economy slides

April 8, 2015 15:00 CET

Russian new-car sales fell 43 percent last month as a weak currency, falling oil prices and Western sanctions over Ukraine push the economy into recession....
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New Alfa Romeo engines will be built in Italy

April 8, 2015 17:27 CET

Fiat Chrysler said two high-performance engines that will play an important role in Alfa Romeo's global relaunch will be built at the automaker's plant in Termoli, Italy....
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UK sales rise 6% in best March this century

April 8, 2015 11:03 CET

British new-car registrations rose by 6 percent in March to 492,774 vehicles, a record for the month this century. It was the 37th month of consecutive growth for the UK's new-car market....
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Russian auto sales plunge 43% as economy contracts

8:46 am U.S. ET | April 8, 2015

Russian car sales fell 43 percent last month, as the economy slides into recession. Sales of new cars and light commercial vehicles shrank to 139,850 units in March from 243,332 a year earlier, the Association of European Businesses in Russia said today in a statement....
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Asia-Pacific grabs bigger share of 2014 global vehicle output

2:55 pm U.S. ET | April 7, 2015

The Asia-Pacific region was the center of vehicle production again in 2014, accounting for more than half of global output, and is expected to keep grabbing a larger slice. The North American market also improved, with Mexico output jumping 10 percent....
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China gets the lion’s share of vehicle production capacity investments in 2014

7:00 pm U.S. ET | April 7, 2015

China once again captured the bulk of global investments in new or expanded vehicle production capacity last year, winning more than half of the auto industry’s total outlays earmarked to add or expand output....
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LUCA CIFERRI

BLOG: How PSA's Tavares keeps his desk clean

12:01 am U.S. ET | April 6, 2015

PSA's Carlos Tavares has topped past and present CEOs Lee Iacocca, Jacques Nasser and Sergio Marchionne in an interesting category: He has the cleanest desk of any automaker CEO I have ever met....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Check out the ANE e-magazine for April

April 6, 2015 06:01 CET

The latest issue of the Automotive News Europe monthly e-magazine is ready for you to view. This month's edition looks at how PSA CEO Carlos Tavares made France's largest automaker operationally profitable again after three years of huge losses....
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Toyota's Leroy defies doubters, prepares for VW challenge

April 4, 2015 14:00 CET

When Toyota hired Didier Leroy, headhunters told the Frenchman he would never get far as a foreigner at the world's largest automaker. Starting this month, Leroy oversees the planning, building and selling of Toyotas in half the world....
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RICHARD TRUETT

BLOG: Remembering the rise and fall of MG Rover

12:01 am U.S. ET | April 4, 2015

Ladies and gentlemen, we are gathered here to pause for a moment and remember dear, old Rover....
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SsangYong aims to triple European sales, CEO says

April 3, 2015 06:01 CET

Korean automaker SsangYong aims to nearly triple its European sales this year to help offset a big slump in Russia, the company's CEO said....
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Germany's 9% sales rise a positive sign of Europe's continued rebound

April 2, 2015 11:45 CET

New-car sales in Germany increased 9 percent last month, the VDA industry association said. With March sales also up in other key markets such as France and Italy, the rise shows that the region's gradual recovery is continuing....
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