Europe

2015 GENEVA AUTO SHOW

BMW expands minivan lineup with 7-seat 2 series

Feb. 11, 2015 16:45 CET
BMW will expand its minivan lineup with the seven-seat 2-series Gran Tourer that goes on sale in Europe in June. The latest 2-series variant will debut next month at the Geneva auto show....
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CHRISTIAAN HETZNER

Did VW pick the wrong U.S. state to build the Passat?

5:48 am U.S. ET | Feb. 11, 2015
Kentucky Gov. Steven Beshear has a message for any German carmaker or supplier considering expanding into the South: Labor unions are welcome, at least in his state....
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Renault halts Moscow output on Russian sales slump

Feb. 11, 2015 16:06 CET
Renault will stop production at its Moscow factory for three weeks in response to a slump in Russian car sales. Renault's vehicle sales in the country fell 32 percent last month in a market down 24 percent....
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UK gives go-ahead to test driverless cars on roads

Feb. 11, 2015 08:28 CET
Britons will be joined on the roads by driverless cars starting in the summer after the government gave the go-ahead for the vehicles to be tested on public roads to encourage companies developing the technology to invest in the country....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Premium compact SUV sales forecast to top 500,000

Feb. 10, 2015 06:01 CET
Sales of compact premium SUVs in Europe are poised to top half a million for the first time this year because of new model launches from brands such as BMW, Land Rover and Mercedes-Benz. The segment has expanded significantly since 2010, when about 270,000 units were sold....
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NICK GIBBS

Ford Mondeo hybrid may benefit from diesel backlash

7:53 am U.S. ET | Feb. 10, 2015
Ford does not expect its Mondeo hybrid to be a big seller in Europe but the environmentally friendly car could benefit from a backlash in some countries against diesels due to health fears over particulate emissions....
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German prosecutors drop probe of Daimler, Merkel aide

Feb. 10, 2015 11:50 CET
Prosecutors in Berlin have dropped a probe into whether Daimler granted "undue advantage" to a former treasurer of Chancellor Angela Merkel's Christian Democrats when it hired him as chief political lobbyist....
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Cooper-Standard plans to close factories in Europe in cost-cutting move

Feb. 10, 2015 06:01 CET
U.S. supplier Cooper-Standard Automotive plans to shutter factories and cut jobs in Germany and France as it restructures its European operations.The company, which has 12 factories in western Europe, declined to name which factories will be closed or downsized....
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Russian car sales may fall up to 35% in 2015, PwC says

Feb. 9, 2015 11:55 CET
Russian new-car sales are expected to decline by 25 percent to 35 percent this year as a weakening ruble and a sharply declining economy hit demand, accounting firm PricewaterhouseCoopers said. Sales fell 24 percent in January....
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Ford will roll out 6 new models in Russia despite market slump

Feb. 8, 2015 11:20 CET
Ford will roll out six new models in Russia this year despite the country's sagging economy and rising tensions over the conflict in Ukraine, CEO Mark Fields told a German business magazine....
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Daimler's innovation unit looks to products of the future

Feb. 7, 2015 06:01 CET
Daimler's business innovation unit is figuring out how current customers' children will use the automaker's products. That can mean everything from 3-D printing for classic car parts to package-delivery drones and a driverless concept car that doubles as a luxury lounge....
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CHRISTIAAN HETZNER

Has VW scored an own goal bankrolling its soccer club?

10:05 am U.S. ET | Feb. 6, 2015
With Volkswagen looking to save 5 billion euros in costs at its core VW brand and key wage negotiations with its German workforce just starting, is it sensible to use shareholder money to subsidize a soccer club's ambitions for a top-flight title?...
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Bollore wins backing for EV charging network

Feb. 6, 2015 13:45 CET
Bollore will invest 150 million euros ($172 million) to roll out a charging network across France after winning government approval for the plan. The company said it will install 16,000 new semi-fast chargers in the next four years....
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YANG JIAN

Qoros should ditch Europe ambitions and focus on China

5:47 am U.S. ET | Feb. 6, 2015
China's Qoros is embarking upon an ambitious plan to reinvent itself as a global automaker with a new CEO, Phil Murtaugh, a former boss of GM China, and a lineup of new vehicles. But with limited resources and rising debts, the automaker would do better to focus on its home market....
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Ford will boost production in Spain by 40% as it ramps up Mondeo, S-Max output

Feb. 5, 2015 16:40 CET
Ford will boost output at its plant in Valencia, Spain, by 40 percent to 400,000 units this year as it adds production of the Mondeo midsize model, along with the S-Max and Galaxy minivans....
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France offers up to 10,000 euros to encourage diesel drivers to switch to electric cars

Feb. 5, 2015 12:01 CET
France will gradually align taxes on diesel and gasoline and offer a bonus of up to 10,000 euros ($11,422) to consumers who buy an electric car to replace an old diesel vehicle....
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UK car sales grew 7% in January but slowdown looms

Feb. 5, 2015 10:50 CET
UK new-car registrations rose by 7 percent in January to their highest level for that month since 2007, but industry watchers expect growth to slow during the rest of the year....
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Ford's Europe unit hit by pension cost hike, Fields says

Feb. 5, 2015 12:51 CET
Ford CEO Mark Fields said rising pension costs and Russia's sales slump led the automaker to scrap its profit target for Europe. Ford says it expects to narrow its 2015 pretax loss in Europe, but the figure will exceed the $250 million loss it previously projected....
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Mazda profits dinged by lower-margin models, higher taxes

6:26 am U.S. ET | Feb. 4, 2015
A higher tax bill and a sales mix of richer in lower-margin models undercut profits at Mazda in the October-December quarter, despite rising global volume....
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Western European sales up 7% in Jan. as southern markets rebound

Feb. 4, 2015 18:50 CET
The car sales recovery in Western Europe gathered pace in January with a 7 percent gain as southern markets continued to bounce back. Industry association ACEA said European car sales are likely to rise by 2 percent this year, boosted by pent-up demand....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Ford, Opel, Renault step up battle for No. 2 in Europe

Feb. 3, 2015 06:01 CET
Renault and Opel/Vauxhall will step up their efforts this year to replace Ford as Europe's No. 2 brand by vehicle sales with major product pushes. Ford fought off both rivals last year but Renault's volume increased 9 percent, while Opel's sales were up 7 percent, both outpacing Ford's 5 percent gain....
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German car sales rise as Europe rebound continues

Feb. 3, 2015 14:30 CET
New-car sales in Germany rose 3 percent in January, adding to signs that the European rebound is continuing. The rise follows sales growth last month in France, Italy and Spain....
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Renault CEO Ghosn says one-third of Russian car market will vanish as recession deepens

Feb. 3, 2015 12:02 CET
Renault-Nissan CEO Carlos Ghosn said Russia's car market will probably shrink by another fifth this year, putting pressure on the alliance he leads after it teamed up with AvtoVAZ to strengthen its leading position in the country....
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Mitsubishi posts N.A. gains while Japan, Europe struggle

6:32 am U.S. ET | Feb. 3, 2015
Mitsubishi's nascent North America recovery gathered pace in the latest quarter with regional operating profit tripling on the back of expanding sales. But falling sales in Japan and tumbling profits in Europe, where the weakening Russia ruble undercut earnings, sapped overall results...
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Spanish car sales jump 28% for 17th month of growth

Feb. 2, 2015 12:09 CET
New-car sales in Spain rose 28 percent in January, the 17th consecutive month of growth. Car registrations have been boosted by a government subsidy program that helps consumers scrap old models for new vehicles....
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