SpainCar sales fall in France, Spain in JulyAug. 1, 2012 12:18 CET French and Spanish car registrations declined in July. French registrations fell 7 percent, outpaced by plunging sales at PSA and Renault. Spain posted a 17 percent drop in car sales last month. Consumer registrations have now been in uninterrupted decline for more than two years.... Read More »
Russia's revival is expected to lastJuly 26, 2012 06:01 CET  Industry leaders believe the resurgence in Russian new-car sales may be long-lasting, putting the county on track to permanently become Europe's biggest car market. Sales in Russia this year are expected to be about 2.85 million, according to the Moscow-based Association of European Businesses (AEB) -- close to the country's pre-crash high of 2.9 million in 2008 and approaching Germany's 3.2 million sales last year.... Read More »
Seat goes upscale with new LeonJuly 24, 2012 06:01 CET  Seat has revealed the new Leon five-door hatchback, an upmarket reworking of its compact model that Seat hopes will help win customers outside its Spanish home market and reverse falling sales at the VW unit.... Read More »
French president says PSA job cut plan is not acceptableJuly 14, 2012 10:34 CET  President Francois Hollande said PSA's decision to close a factory and cut an additional 8,000 jobs is unacceptable and that he will lean on Europe's second-biggest carmaker to renegotiate the plan.... Read More »
Automakers, dealers say Spain's VAT hike will further depress car salesJuly 12, 2012 10:55 CET  Automakers and dealers said an increase in Spain's sales tax to 21 percent from 18 percent will hit the country's flagging auto sales.... Read More »
Spain's Gestamp Automocion to build plant in south ChinaJuly 5, 2012 06:01 CET  Spanish metal-parts supplier Gestamp Automocion has won local government approval to build a $120 million (764 million yuan) factory in Dongguan in South China's Guangdong province.... Read More »
German car sales may decline in second half after 3% rise in JuneJuly 3, 2012 11:46 CET Germany's new-car registrations rose 3 percent in June, but industry insiders don't expect Europe's biggest market to show growth during the rest of the year.... Read More »
GM-PSA ALLIANCE Opel dismisses report that a German factory will build PSA midsized carsJune 27, 2012 06:01 CET Opel dismissed as speculation a report that it will build Peugeot and Citroen midsized cars at its Ruesselsheim, Germany, factory. Citing union officials, a German paper reported that Opel is preparing to build future versions of the Citroen C5 and Peugeot 508 cars at Ruesselsheim.... Read More »
VW's Seat unveils affordable family carJune 26, 2012 08:46 CET  Seat is launching the five-door Toledo compact hatchback as an affordable family car as the Volkswagen Group brand seeks to win buyers hit by the economic crisis. The Toledo's value-for-money positioning marks a shift of emphasis by Seat, which has so far concentrated on building sporty cars to differentiate itself from sister brands VW and Skoda.... Read More »
DOUGLAS A. BOLDUC Saab's heart still beats 12:01 am U.S. ET | June 6, 2012  Saab is not producing cars any more but it hasn't abandoned its estimated 1.5 million customers. The company's parts and service arm, Saab Automobile Parts AB, continued its expansion this week by opening a North American subsidiary to serve an estimated 500,000 Saab owners in United States and Canada. That's the largest concentration of Saab owners anywhere.... Read More »
EU resists Marchionne's call for help on overcapacityJune 6, 2012 10:12 CET The European Union is resisting calls by Fiat CEO Sergio Marchionne and his French counterparts for EU help to tackle excess production capacity. Marchionne wants to share the burden of job cuts and factory closings among auto-producing countries, but VW, Daimler and BMW have little incentive to help their competitors.... Read More »
DOUGLAS A. BOLDUC Saab's heart still beats 12:01 am U.S. ET | June 6, 2012  Saab is not producing cars any more but it hasn't abandoned its estimated 1.5 million customers. The company's parts and service arm continued its expansion this week by opening a North American subsidiary to serve an estimated 500,000 Saab owners there.... Read More »
Nissan will build its second EV in SpainMay 24, 2012 06:01 CET  Nissan said it will start production of its second electric vehicle, the e-NV200 light commercial van, next year. The e-NV200 will be built for global markets alongside standard versions of the van in Nissan's factory in Barcelona, Spain.... Read More »
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