Europe

Ford to cut 500 jobs at B-Max plant in Romania

March 6, 2015 16:31 CET
Ford will lay off about 500 people at its B-Max plant in Romania this year, less than the 680 initially envisioned. Ford began building the subcompact minivan at the plant three years ago, but low demand has led to multiple production stoppages....
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Fiat will export new compacts to EU from Turkey, Marchionne says

March 6, 2015 06:01 CET
Fiat Chrysler will begin sales of a Turkey-built hatchback and station wagon in Europe's key compact segment next year, CEO Sergio Marchionne said. The new models will plug a big hole in Fiat's European product lineup. The compact car segment, led by the VW Golf, is Europe's second biggest by sales after subcompacts....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

SUVs poised to boost sales in Europe's priciest niche

March 6, 2015 06:01 CET
Sales in Europe's most exclusive car segment are poised to top 10,000 units in 2015 and will continue to grow in 2016 and beyond because of the arrival of as many as five SUVs from ultraluxury brands such as Bentley, Maserati, Rolls-Royce, Aston Martin and Lamborghini....
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Euro weakness, exports lift southern Europe car output

March 6, 2015 06:01 CET
While southern Europe is experiencing at best a patchy economic recovery, the outlook for the region's carmakers is a little less bumpy thanks to the weak euro, cheaper oil and labor reforms. Fiat, Ford and GM have boosted output in Spain and Italy....
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VW's German workers get 3% wage increase

March 5, 2015 12:56 CET
Volkswagen will give workers at German plants a 3.4 percent wage increase even as the automaker looks to boost profitability by cutting costs....
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Fiat Chrysler's Polish plant will build restyled Fiat 500, Lancia Ypsilon, reports say

March 5, 2015 11:09 CET
Fiat Chrysler will start producing restyled versions of its Fiat 500 and Lancia Ypsilon models this year at its Tychy plant in Poland, reports said. The plant already builds the current versions of the two models alongside Ford's Ka minicar....
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Ford warns on UK leaving EU

March 4, 2015 16:23 CET
Ford of Europe CEO Jim Farley said the UK needs to stay in the EU to keep its manufacturers at the forefront of global production. "We really believe that the UK being part of the EU is critical for business," Farley said in a radio interview....
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Fiat brand will never again be a mass-market player in Europe, Marchionne says

March 4, 2015 19:42 CET
The Fiat brand will never again be a mass-market marque in Europe, Fiat Chrysler CEO Sergio Marchionne said. The change reflects Fiat's increasing strategic emphasis on profit and brand discipline....
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Chevy Bolt EV variant may be sold as an Opel in Europe, sources say

March 4, 2015 19:08 CET
General Motors may sell a version of the Chevrolet Bolt electric car in Europe as an Opel/Vauxhall model, company sources said....
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Toyota promotes Europe CEO Leroy to new global role

March 4, 2015 09:55 CET
Toyota will add Europe boss Didier Leroy to its board and promote him to global head of business in developed countries in a wider management shuffle. Johan van Zyl, currently CEO of Toyota's Africa region, will become Europe chief....
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AvtoVAZ raises Lada prices again on weak ruble

March 4, 2015 15:21 CET
Russian automaker AvtoVAZ has raised the prices of its Lada cars for the second time this year because of the weaker ruble. The automaker said prices rose by 4.8 percent on average after an increase of around 9 percent in January this year....
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LUCA CIFERRI

Leroy's Toyota Europe success brings reward

6:34 am U.S. ET | March 4, 2015
When Didier Leroy was promoted to head Toyota's European operations in April 2011, his goal was to return the region to sustainable profitability. After a three-year plan that has brought success step-by-step, he now gets a new role with even more responsibility....
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2015 GENEVA AUTO SHOW

Opel/Vauxhall touts connectivity as OnStar rolls out in Europe

March 3, 2015 18:43 CET
Opel/Vauxhall believes its OnStar digital service will help it win new customers, boost sales and return to profit after it begins to roll out the service in 13 European markets including Germany, the UK, France, Italy and Spain....
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Opel, VW CEOs cautious on Europe sales growth amid Russia crisis

March 3, 2015 09:14 CET
Europe's carmakers are benefiting from robust demand for passenger cars in most of the region although the slumping Russian market continues to cast a shadow, making forecasts increasingly difficult, Opel CEO Karl-Thomas Neumann and VW boss Martin Winterkorn said....
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DAVE GUILFORD

Ford, Farley hope for success in U.S.-Russian diplomacy

12:01 am U.S. ET | March 3, 2015
Jim Farley, newly installed as head of Ford of Europe, on Monday vowed that the money-losing unit is “going to make progress in spite of the headwinds.”...
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Germany joins France, Spain, Italy in posting sales gains

March 2, 2015 19:15 CET
New-car sales in Germany rose 6.6 percent in February and are heading for a modest increase this year compared with 2014 levels. Germany joined France, Italy and Spain in posting gains last month....
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VW Passat named European Car of the Year

March 2, 2015 17:28 CET
The Volkswagen Passat is Europe's 2015 Car of the Year, marking the third time in six years that VW has won the title. The Passat beat its nearest competitor, the Citroen C4 Cactus, by nearly 100 points. The Mercedes C class finished third in the voting....
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Toyota sees its EU sales growth this year, boosted by UK, southern Europe rebound

March 2, 2015 22:32 CET
Toyota expects its EU sales to grow by 2 percent to 2.5 percent in 2015, compared to 0.8 percent growth for the market in Western Europe. The rise will come from recovery in southern Europe, as well as continued strong sales in the UK, the automaker says....
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Foreign carmakers lead February sales growth in France

March 2, 2015 13:36 CET
French car registrations grew 4.1 percent in February compared with a year earlier, led by growth in sales of cars made by foreign-owned manufacturers....
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Spain new-car sales rise 26% in February

March 2, 2015 14:00 CET
New-car sales rose 26 percent in Spain last month, the 18th consecutive month of growth, a car manufacturers' group said. Registrations have been boosted by a government subsidy program....
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DAVE GUILFORD

Ford, Farley hope for success in U.S.-Russian diplomacy

8:36 pm U.S. ET | March 2, 2015
Jim Farley, newly installed as head of Ford of Europe, on Monday vowed that the loss-making unit is “going to make progress in spite of the headwinds.”...
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DAVE GUILFORD

Russia, weak euro form backdrop for Geneva show

12:28 pm U.S. ET | March 2, 2015
Automakers usually don’t overreact to international tensions and currency fluctuations. That’s why the comments coming from auto execs on the verge of the Geneva auto show are so striking....
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A shakeup in Germany’s top auto ranks

12:01 am U.S. ET | March 2, 2015
Germany's automotive ranks are undergoing a generational shift. When Harald Krueger rises to CEO at BMW Group and Herbert Diess takes over as chairman of the Volkswagen brand this year, four of the six heads of Germany's biggest automotive brands will be in their late 40s to mid-50s....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Check out the ANE e-magazine for March

March 2, 2015 06:01 CET
The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, March 2. This month's edition looks why ultraluxury brands such as Bentley, Lamborghini, Rolls-Royce and Maserati are poised to keep experiencing unprecedented success....
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Golden Age for ultraluxury brands

12:01 am U.S. ET | March 1, 2015
Strong demand for ultraluxury brands -- driven by new models, improved U.S. and European economic conditions and a rising number of superwealthy -- has led forecasters to predict that overall global sales in the segment will grow by nearly 40 percent in the next five years. The bullish prediction is good news for Fiat Chrysler Automobiles, Volkswagen Group and BMW Group....
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