Europe

Auto bosses say billions in savings at stake if EU-U.S. trade deal fails

Jan. 28, 2015 19:41 CET
The CEOs of Germany's top auto companies said Wednesday that they could save roughly 5 billion euros in annual costs if the European and U.S. governments can agree on a landmark free trade deal....
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Marchionne has FCA on fast track to profit in Europe

Jan. 28, 2015 16:28 CET
Fiat Chrysler Automobiles will be profitable in Europe a year earlier than expected, CEO Sergio Marchionne said today....
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Cost-cutting VW baffles experts with Phaeton plans

Jan. 28, 2015 10:05 CET
With VW having embarked on a big cost-cutting drive, industry experts are baffled why the "people's car" maker plans to spend millions of euros upgrading the money-losing Phaeton premium sedan. Analysts say the costly car should be axed....
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Zetsche, other top auto chiefs to lobby for EU-U.S. trade deal

Jan. 27, 2015 21:06 CET
Daimler CEO Dieter Zetsche, Volkswagen boss Martin Winterkorn and other captains of Germany's automotive industry have gathered in Berlin today to try to rally support for a transatlantic free trade deal that faces potential collapse....
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Germany plans driverless-car pilot project on autobahn

Jan. 27, 2015 10:36 CET
Germany plans a driverless-car pilot project on a portion of the A9 autobahn between Munich and Berlin. The project would be one of the first to equip a stretch of public highway specifically for testing autonomous vehicles....
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Entry-level Jeep Renegade should boost brand in subcompact market

12:01 am U.S. ET | Jan. 23, 2015
The Renegade subcompact SUV is Jeep's latest attempt at an entry-level vehicle. With prices starting at $18,990, including shipping, the first Italian-made Jeep should help the brand thrive in the competitive subcompact market....
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Honda axes Accord in Europe

Jan. 23, 2015 16:33 CET
Honda will end sales of the Accord midsize sedan in Europe after the car failed to make headway against German rivals....
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Kia's fourth-quarter profit drops 54% on ruble plunge

Jan. 23, 2015 11:31 CET
Kia posted a 54 percent fall in quarterly profit as a weakening ruble reduced income earned in Russia where Kia ranks No. 2 after Lada. Kia expects sales in the market to fall 12 percent this year, because the ruble's decline could force further price rises, denting demand....
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GM sees Europe turnaround on track even if local economy isn't

Jan. 23, 2015 10:34 CET
General Motors' efforts to restore European operations to profitability are on track even as the region's economy fails to revive, GM President Dan Ammann said. However, Russia is big "wild card," he said....
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UK 2014 car production rises to highest since 2007

Jan. 23, 2015 09:48 CET
UK car production rose to its highest level since 2007 last year, up 1 percent to 1.53 million cars. The UK is a major center for manufacturers such as Jaguar Land Rover, BMW, Nissan, Honda, Toyota and GM....
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Ghosn lifts European car market forecast on eurozone stimulus plan

Jan. 22, 2015 22:41 CET
Renault CEO Carlos Ghosn upgraded his European car market growth forecast after the European Central Bank unveiled a bond purchase program to boost the continent's flagging economy. Ghosn now expects Europe's auto market to grow by at least 2 percent in 2015....
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Daimler will invest more in Hungary to boost compact car output

Jan. 20, 2015 13:32 CET
Daimler will boost compact car output at its Mercedes-Benz factory in Hungary after the automaker launched production of a new model, the CLA Shooting Brake. The automaker has seen strong demand for its compact lineup, which grew 25 percent last year....
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Daimler offers 'currency rebate' on Mercedes, Smart cars in Switzerland

Jan. 20, 2015 13:26 CET
Daimler is cutting Mercedes and Smart car prices in Switzerland after the central bank's surprise abandonment of a minimum exchange rate caused the franc to surge versus the euro....
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Renault's 2014 sales rise 3% as budget cars offset Russia drop

Jan. 19, 2015 10:40 CET
Renault delivered 3 percent more vehicles globally last year as strong European sales of cars such as the Renault Captur and no-frills Dacia Sandero helped offset falling demand in Russia and South America....
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Ford will launch new Galaxy minivan as brand pushes upscale in Europe

Jan. 19, 2015 11:28 CET
Ford of Europe will start sales of its new-generation Galaxy large minivan this year as part of a wider product offensive that includes the launches of its Vignale upscale trim line and new Mustang sports car....
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BRUCE GAIN

Jeep uses Paris boat show to gain traction

6:34 am U.S. ET | Jan. 16, 2015
Jeep hopes its role as a marketing partner at the Nautic in Paris, one of Europe's biggest boat shows, will help it get a leg up in the fast-growing small SUV market. The U.S. off-road brand says it is considering partnering with the event this year after gaining “positive feedback” at last year's show in December....
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Europe 2014 sales rise on low-cost brands shift

Jan. 16, 2015 10:14 CET
European car sales in 2014 rose for the first time in seven years, thanks to government incentives, tax breaks and a consumer shift to cheaper brands such as Dacia and Skoda....
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Ford will raise German production as demand rebounds

Jan. 16, 2015 12:34 CET
Ford will increase production of its Fiesta and three other models in Germany to meet growing demand in some of the region's key markets....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Crossover craze takes hold in Europe

Jan. 16, 2015 06:01 CET
SUVs and crossovers will feature heavily in the launch of new models in Europe this year. Audi, VW, Renault and Fiat are among carmakers planning to launch updated or new models in this hotly contested segment....
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Russia car sales forecast to drop 24% as economic crisis worsens

Jan. 15, 2015 12:01 CET
Russian car sales are set to decline by 24 percent this year after falling 10 percent in 2014 as the country heads for recession. Major Western automakers including Ford, GM, and VW saw their Russian vehicle sales plunge steeply last year....
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Opel prices new Karl to win former Chevrolet customers

Jan. 15, 2015 11:31 CET
Opel said its new Karl minicar will cost 9,500 euros in Germany. The Karl will offer safety and driver systems not common in the segment including lane departure warning, Opel said....
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2015 AUTOMOTIVE NEWS WORLD CONGRESS

Mercedes-Benz seeks new communication ties to customers

11:31 am U.S. ET | Jan. 14, 2015
Mercedes-Benz is on a mission to expand its footprint in the digital world, improve its customer service and maintain its ionic status, Ola Kaellenius, the executive charged with the brand's marketing and sales, said today at the 2015 Automotive News World Congress....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

European sales of compact cars forecast to dip after strong 2014

Jan. 14, 2015 06:01 CET
Europe's volume compact segment may become a victim of its own success this year as compact car sales, which were on track to reach nearly 3 million in 2014, are forecast to dip below 2.9 million on a lack of new volume models in 2015....
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Lada prices will rise 9% on ruble weakness

Jan. 13, 2015 13:54 CET
AvtoVAZ will increase the price of Lada cars by 9 percent as Russia's biggest carmaker becomes the latest automaker to push up prices in a worsening economy hit by low oil prices and Western sanctions over the Ukraine crisis....
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VW to expand Slovakia plant, report says

Jan. 13, 2015 13:00 CET
Volkswagen will invest up to 500 million euros in its Slovakia plant, a report said. The plant builds minicars and large SUVs for the VW group and will add production of bodies for the Bentley Bentayga SUV....
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