GermanyAutomakers seek stability after German election to aid Europe sales recoveryJune 14, 2013 06:01 CET Carmakers including Volkswagen and PSA haven't taken a stand on German Chancellor Angela Merkel's bid for a third term in September, but they all want the election to be over. Any recovery in European auto sales from a six-year slump will hinge largely on a stable Germany, but recent polls show there is likely to be no clear winner in September's election.... Read More »
Mercedes rolls out S class as Bernhard is replaced by Renschler as production bossJune 12, 2013 20:50 CET Daimler's new Mercedes-Benz S-class sedan rolled off the assembly line for the first time, coinciding with the first appearance of another important newcomer -- the company's head of production for Mercedes.... Read More »
Mercedes rolls out S-class as production boss takes charge 2:50 pm U.S. ET | June 12, 2013 Daimler's new Mercedes-Benz S-class sedan rolled off the assembly line for the first time today, coinciding with the first appearance of another important newcomer -- the company's head of production for Mercedes.... Read More »
Germany starts new push against EU car-emissions planJune 7, 2013 14:14 CET Germany has presented a fresh proposal on regulating CO2 limits for cars sold in the EU. Campaigners say it is a last-ditch attempt to dilute a new emissions law.... Read More »
Mercedes, BMW to skip summer breaks to meet demand outside EuropeJune 6, 2013 06:01 CET Daimler will largely refrain from taking a traditional summer break at its car factories with models like the revamped Mercedes E class and new CLA keeping assembly lines busy. BMW Group is also either preparing for new models or keeping plants churning out cars to meet demand.... Read More »
German car sales fall 10% in MayJune 4, 2013 10:42 CET New-car sales in Germany fell nearly 10 percent in May dampening hopes for any recovery in the crisis-hit European market in 2013.... Read More »
U.S. lawsuit accuses vehicle shipping companies of price fixing 11:09 am U.S. ET | May 30, 2013 Several major import-vehicle shippers, which together are said to command 70 percent of the global car-shipping market, face allegations of price fixing in a civil lawsuit filed federal court.... Read More »
BMW will recruit trainees from Spain's pool of young joblessMay 30, 2013 06:01 CET BMW is planning to recruit unemployed young Spaniards to work in Germany in a program that could be expanded to Italy or Greece... Read More »
Germany has complied with ruling on VW Law, EU court adviser saysMay 29, 2013 10:49 CET Germany has complied with a court ruling over a law that gives the state of Lower Saxony veto rights over Volkswagen, an adviser to Europe's highest court said.... Read More »
Chinese interior-trim supplier Huaxiang acquires German counterpart HIBMay 28, 2013 14:31 CET Ningbo Huaxiang Electronic Co., a major Chinese interior-trim supplier, has acquired German counterpart HIB Trim Part Solutions Group. HIB supplies wood, metal and carbon fiber interior trim to BMW, Daimler and Volkswagen Group.... Read More »
Volkswagen agrees to 5.7% pay raise for German workersMay 28, 2013 08:58 CET Volkswagen agreed to raise wages for German workers by 5.7 percent over 20 months as the country's biggest manufacturing union helped employees tap into the company's growing profit.... Read More »
U.S. dealer group Penske interested in buying Daimler stores in GermanyMay 27, 2013 06:01 CET Penske Automotive Group says it would be interested in buying some dealerships in Germany owned by Daimler. Daimler may want to sell four company-owned stores as it seeks to boost faltering profits.... Read More »
Merkel sticks to German EV target despite low consumer interestMay 27, 2013 13:24 CET German Chancellor Angela Merkel has reaffirmed her target to bring 1 million electric cars onto German roads by 2020, despite weak interest from consumers. Fewer than 3,000 EVs were delivered in Germany last year out of total car sales that exceeded 3 million.... Read More »
Penske: If Daimler sells stores in Germany, we're interested 12:01 am U.S. ET | May 27, 2013 Penske Automotive Group Inc. says it would be interested in buying some dealerships in Germany owned by Daimler AG. Daimler may want to sell four stores as it seeks to boost faltering profits, an unidentified source familiar with the company's thinking told Reuters. Daimler could sell more dealerships if those transactions go well, the source said.... Read More »
Daimler may sell company-owned German dealerships to cut costsMay 22, 2013 13:19 CET Daimler may sell four company-owned Mercedes-Benz dealerships in Germany to cut costs and help close a profitability gap with rivals BMW and Audi. Daimler owns 98 Mercedes car showrooms that account for about half of its car sales in Germany, the brand's second-biggest market after the United States.... Read More »
Opel keeps Bochum logistics center open to fulfill contractMay 22, 2013 06:01 CET Opel will keep a spare-parts distribution center open until 2016 at its plant in Bochum, Germany, as long as two years after car production ends at the site. The plant, which makes the Zafira minivan, is scheduled to close by the end of 2014 after workers rejected a restructuring plan in March that would have extended manufacturing there for another two years.... Read More »
M-B redesigned S class with China in mind 12:01 am U.S. ET | May 20, 2013 The redesigned Mercedes-Benz S class made its world debut last week in Hamburg, Germany, but Shanghai might have been more appropriate. Why? China accounted for 49 percent of all 2010-12 S-class sales.... Read More »
Small BMW team rethought electric cars for huge cities 12:01 am U.S. ET | May 20, 2013 Nearly six years ago, BMW AG's Project i began to position the automaker for the future. In an interview with Automobilwoche, a German language sibling to Automotive News, Project i chief Ulrich Kranz explained how the idea of a carbon-body car for megacities emerged from his team.... Read More »
Europe car sales rise for first time in 19 monthsMay 17, 2013 08:34 CET European car sales rose for the first time in 19 months on strong demand in the UK and a rebound in Germany. Registrations in April increased 2 percent to 1.08 million vehicles from 1.06 million cars a year earlier, industry association ACEA said.... Read More »
Audi Q7 will shed weightMay 17, 2013 06:01 CET The redesigned Audi Q7 that debuts next summer in Europe will weigh about 363kg less than the current model, company insiders said, adding that Audi is also planning a hybrid version of the next-generation large SUV.... Read More »
F-1 racing boss Ecclestone denies bribing German banker, lawyers sayMay 16, 2013 09:49 CET Lawyers for Formula One racing boss Bernie Ecclestone repeated that he had not bribed a German banker during the 2005-2006 sale of a stake in the motor-racing business, after a German newspaper reported he had been charged by prosecutors.... Read More »
Continental kept in the dark over Schaeffler's decision to end investment agreementMay 15, 2013 14:35 CET Continental said it was kept in the dark about the decision of Schaeffler to quit a five-year-old investment accord. Analysts suspect the accord's scrapping may be a prelude to Schaeffler restructuring Continental or reducing its stake.... Read More »
BMW's Reithofer tells Germans to embrace EVsMay 15, 2013 06:01 CET BMW CEO Norbert Reithofer told his fellow Germans to set aside their worries and embrace EV technology as the carmaker gears up to launch the i3 electric city car.... Read More »
GM will move Opel Zafira production to German plantMay 15, 2013 11:58 CET General Motors will move production of the Opel/Vauxhall Zafira minivan to Ruesselsheim in Germany from its Bochum factory. Ruesselsheim and Vauxhall's plant in Ellesmere Port, England, had been in the running to gain Zafira production after Bochum closes.... Read More »
Porsche SE to seek dismissal of legal claims filed in GermanyMay 14, 2013 12:04 CET Porsche SE says legal claims by plaintiffs in Germany seeking more than 1.36 billion euros ($1.77 billion) in connection with its failed attempt to takeover Volkswagen in 2008 are unfounded. The family-controlled holding company that owns a majority of VW, says it will file a motion to dismiss the claims.... Read More »
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Dealer O.C. Welch's big-truck turnaroundAfter Mercury's demise, South Carolina Ford-Lincoln dealer O.C. Welch had to find a way to replace lost revenue. He decided to load up on Super Duty pickups – and sell them online. Mon., June 17» Watch the Video |
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