Europe

PSA will recall 2,484 cars in Russia over possible problem with electronics

Feb. 2, 2016 14:18 CET

PSA/Peugeot-Citroen will recall 2,484 Peugeot 4007 crossovers in Russia because of possible problems with their electronics systems....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Opel CEO on reaching breakeven in 2016: 'We can see the target now'

Feb. 2, 2016 06:01 CET

Karl-Thomas Neumann says Opel has beaten all internal targets since he arrived four years ago as CEO and this year the automaker expects to break even after more than a decade of losses. Neumann spoke with Automotive News Europe about the challenges that need to be overcome to reach this point....
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French automakers lose ground to rebounding VW

Feb. 1, 2016 13:04 CET

French new-car registrations increased 3.5 percent in January, as Volkswagen Group appeared to shrug off the scandal over its diesel test-rigging with sales rising 12 percent, outpacing Renault and PSA/Peugeot-Citroen....
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Hyundai posts first monthly global sales decline since July

6:25 am U.S. ET | Feb. 1, 2016

Hyundai's sales fell for the first time in six months in January, dragged down by demand in emerging markets including China, Brazil and Russia....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Check out the ANE e-magazine for February

Feb. 1, 2016 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 Ford and Opel plan to turn their businesses in Europe into consistent money makers after years of struggle....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

How Opel, Ford will make Europe a reliable profit source after years of struggle

Jan. 31, 2016 06:01 CET

Ford and General Motors' European units have both suffered tough times in recent years but 2016 looks likely to be different. GM Europe is set to break even, while Ford of Europe expects to become the money-making machine it was from 2004 until 2011....
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Saab name won't be revived under Chinese owners

Jan. 30, 2016 06:01 CET

Saab AB, the Swedish aerospace company that owns the Saab brand, will not allow its name or logo to be used on future models produced by National Electric Vehicle Sweden....
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NICK GIBBS

BLOG: Nissan claims win in Europe, but Toyota had more sales

12:01 am U.S. ET | Jan. 29, 2016

Nissan claims it has achieved a long-stated goal of becoming the No. 1 Asian automaker in Europe by outselling Toyota last year. But Nissan's total was nearly 100,000 less than Toyota's. So which automaker won?...
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Land Rover ends Defender production

Jan. 29, 2016 14:37 CET

The last Land Rover Defender rolled off the production line, 68 years after output of the iconic offroader first began....
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Ford preps new Ka for Europe

Jan. 29, 2016 06:01 CET

Ford is getting closer to launching the European version of the Ka minicar. Ford plans to remain a key player in the region's entry-level sector, the automaker's Europe head, Jim Farley, said....
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Germany considers $5,500 incentive for electric cars

Jan. 29, 2016 16:07 CET

German politicians will discuss creating incentives worth up to $5,500 to boost sales of electric and plug-in hybrid cars, and may consider whether automakers could co-finance the new subsidies....
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Volvo will shift V60 production to Belgium

Jan. 29, 2016 06:01 CET

Volvo will shift production of the V60 model line to its Belgium factory. The move will free up capacity at Volvo's main plant in Sweden for new additions such as the S90 and V90, as well as the strong-selling XC90....
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ANE's February e-magazine goes live Monday

Jan. 29, 2016 06:01 CET

The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, Feb. 1. This month's edition looks at how Ford and Opel plan to turn their businesses in Europe into consistent money makers after years of struggle....
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VW CEO Mueller casts doubt on whistleblower's account of emissions scandal

Jan. 28, 2016 12:41 CET

VW CEO Matthias Mueller cast doubt on a newspaper report that said many managers at the automaker knew of, or were involved in, developing emissions test-rigging devices....
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PSA appoints former Yahoo exec as chief digital officer

Jan. 28, 2016 06:01 CET

PSA named former Yahoo executive Brigitte Cantaloube as the automaker's first chief digital officer to help spearhead the company's "digital transformation."...
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EU regulators fine Japanese suppliers 138 million euros for price fixing

Jan. 26, 2016 13:09 CET

EU antitrust regulators fined Mitsubishi Electric and Hitachi Ltd. a total of 137.8 million euros ($149.8 million) for fixing prices of car alternators and starters. Supplier Denso avoided a fine after alerting officials to the existence of the cartel....
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Hyundai posts lowest profit in 5 years on China slump

Jan. 26, 2016 09:40 CET

Hyundai posted its lowest annual profit in five years after a slump in China deliveries overshadowed gains in Europe, the U.S. and South Korea. Net income declined 13 percent to 6.42 trillion won ($5.3 billion) in 2015....
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VW's top committee will meet Feb. 3 on emissions crisis, report says

Jan. 26, 2016 12:09 CET

VW's supervisory board executive panel, the automaker's top committee, will meet for the third time in three weeks on Feb. 3, as the automaker continues to grapple with a scandal over rigged diesel emissions tests, sources said....
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VW given deadline to come clean by No. 2 shareholder

Jan. 25, 2016 16:39 CET

Volkswagen Group has been given three months by the prime minister of Lower Saxony, the carmaker's second-biggest shareholder, to provide a full account of the roots of its diesel-emissions cheating scandal....
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PSA board may meet over deal with Iran, report says

Jan. 25, 2016 23:01 CET

PSA could convene a board meeting to discuss business opportunities in Iran on Wednesday, a source close to the company said ahead of a visit by Iranian President Hassan Rouhani. Before leaving Tehran, Rouhani was quoted on state TV as saying he expected to close a deal with PSA during the trip....
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PSA, Renault, FCA eye deals as Iran president tours EU

Jan. 25, 2016 16:14 CET

Iranian President Hassan Rouhani arrived in Italy on Monday for the first stop of a European tour that may see him explore manufacturing partnerships with Fiat Chrysler Automobiles, PSA and Renault. FCA CEO Sergio Marchionne has said he sees opportunities in Iran....
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Russia's car industry will get new gov't subsidies

Jan. 22, 2016 15:01 CET

Russian Prime Minister Dmitry Medvedev signed a decree to provide $631.35 million in government subsidies to the country's troubled car industry....
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PSA may start fresh union talks by end of March

Jan. 22, 2016 12:02 CET

PSA/Peugeot-Citroen could start talks with French unions on a new competitiveness plan by the end of March, Reuters reported. PSA said working methods and digitalization would be of future labor talks....
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Jaguar Land Rover passes Nissan to become UK's No. 1 automaker

Jan. 22, 2016 06:01 CET

Jaguar Land Rover passed Nissan to become the UK's biggest auto manufacturer by vehicle production. Overall, UK car output increased by 3.9 percent last year to a 10-year high of 1.59 million....
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VW probe shows many bosses knew of 'defeat devices' as far back as 2006, report says

2:25 pm U.S. ET | Jan. 22, 2016

Many of VW's managers and staff dealing with emissions problems in the engine-development department knew about "defeat devices" being developed as far back as 2006, a German newspaper said today, citing results from VW's internal investigation....
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