SpainSALES Weak March dashes recovery hopes for European carmakersApril 3, 2013 08:37 CET European car sales shrank again in March, threatening more losses for carmakers in the region after a dismal 2012, according to figures and forecasts. With euro-zone unemployment at a record high, forecaster LMC Automotive sees this year's sales dropping 3.1 percent in western Europe to 11.4 million vehicles.... Read More »
Spain's car sales fell 14% in MarchApril 1, 2013 12:38 CET  Spanish car sales fell nearly 14 percent in March. Industry association Anfac said a government subsidy scheme aimed at boosting sales was working despite the slump.... Read More »
Spain car sales fell 10% in FebruaryMarch 1, 2013 12:01 CET  Spanish car sales fell 10 percent year-on-year in February, mirroring January's decline, car manufacturers' association Anfac said on Friday.... Read More »
Ford to shift 2-liter EcoBoost engine output to Ohio plant from Spain 3:01 pm U.S. ET | Feb. 21, 2013  Ford will begin domestic production of its 2.0-liter, four-cylinder EcoBoost engine at its Cleveland Engine Plant in Brook Park, Ohio, in late 2014, the automaker said today. Ford will invest nearly $200 million and add 450 jobs at the plant, which will produce all 2.0-liter EcoBoost engines for North America. Ford had previously imported the 2.0-liter EcoBoost from its factory in Valencia, Spain, which will continue to produce the engine for Europe.... Read More »
Ford plans 2-liter engine output in Ohio, report says 11:19 am U.S. ET | Feb. 20, 2013  Ford Motor Co. plans to begin making in Ohio a small four-cylinder engine that it builds in Spain, according to a person familiar with the matter.... Read More »
Europe's January car sales offer little hope of recoveryFeb. 14, 2013 06:01 CET LMC Automotive says it sees little hope of auto sales recovering in Europe this year after registrations in January plunged 9.5 percent. LMC predicted western Europe's full-year sales will drop 4.1 percent this year to 11.27 million, the sixth continual year of decline.... Read More »
Euro zone car markets likely to stabilize by mid-year, VDA saysFeb. 5, 2013 06:01 CET The German automakers association, the VDA, expects euro zone car markets to stabilize in the middle of the year.... Read More »
Nissan will build VW Golf rival in SpainFeb. 4, 2013 20:47 CET  Nissan will build a compact car to rival the VW Golf at its plant in Spain, dashing hopes that the model would be made in one of alliance partner Renault's factories in France.... Read More »
Spain new car sales fell 9.6% in JanuaryFeb. 1, 2013 11:46 CET Spanish new-car sales dropped 9.6 percent to 49,671 in January, car manufacturers' association Anfac said.... Read More »
Volkswagen joins other carmakers investing in Spanish outputJan. 24, 2013 10:13 CET  Volkswagen plans to invest 785 million euros ($1 billion) over the next 5 years in a plant in northern Spain that builds the subcompact Polo model. VW is the third carmaker in recent months to boost investment in the recession-hit country.... Read More »
Spanish bank nears deal to be Chrysler's financing arm, report saysJan. 17, 2013 20:01 CET Chrysler close to a deal that would make Spain's Banco Santander its in-house financing arm, replacing U.S.-based lender Ally Financial.... Read More »
Spain may extend subsidies for car buyersJan. 16, 2013 15:03 CET  Spain's government may extend a car-buying subsidy program in an effort to stimulate the country's flagging car market. New-car sales in Spain fell 13 percent to 699,589 in 2012.... Read More »
Car slump in France, Spain and Italy spells gloomy 2013Jan. 3, 2013 06:01 CET Car sales in France, Spain and Italy in 2012 fell to the lowest levels in years, with December registration data underscoring the challenges facing the broader European economy.... Read More »
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