Expansion

Renault's first-half deliveries rise 5% on Dacia demand

July 7, 2014 12:20 CET
Renault's global auto sales rose 5 percent in the first six months on stronger demand for its Dacia brand. Group deliveries in Europe rose 18 percent, outpacing an overall market increase of 7 percent....
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VW to invest 2 billion euros to build new China plants

July 7, 2014 10:50 CET
VW says it will invest 2 billion euros ($2.7 billion) to construct two new vehicle plants in China. The move is part of a wider plan by the carmaker to invest 18.2 billion euros in its No. 1 market through 2018....
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Bosch to invest 400 million euros in Mexico production, report says

July 2, 2014 16:31 CET
German supplier Robert Bosch is preparing to invest 400 million euros ($546 million) to build car parts in Mexico for a growing North American market, a German newspaper reported....
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Porsche will increase work force 24% in global expansion

July 1, 2014 15:43 CET
Porsche will increase its headcount by about 5,000 to underpin its global growth ambitions. The new jobs will be created in model development, production, sales and servicing, Porsche said....
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BMW will decide on location of 2nd N.A. factory before summer break, CEO says

June 25, 2014 13:11 CET
BMW is still deliberating on where to locate a new factory in North America but will reach a decision before the summer break, CEO Norbert Reithofer said....
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Fiat will sell holdings worth 602 million euros to fund upscale shift

June 20, 2014 11:25 CET
Fiat Chrysler plans to sell holdings valued at about 602 million euros ($820 million), freeing up cash to invest in an expansion of its upscale brands....
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Q&A

BMW sees big growth potential in China for auto finance

June 18, 2014 06:01 CET
BMW sales in China have been boosted by the group's consumer finance unit, which was launched in the country four years ago. The carmaker's China finance boss, Uwe Stadtler, explained how BMW plans to expand the unit's business....
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Hitachi Automotive plans its overseas expansion

12:01 am U.S. ET | June 16, 2014
Hitachi Automotive Systems Ltd. aims to leverage its expertise in electronics to win more overseas customers. Its overseas push is part of a trend of Japanese suppliers' seeking growth abroad as vehicle sales stagnate at home....
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Supplier Toyoda Gosei to expand N.A. headquarters

1:32 pm U.S. ET | June 10, 2014
Toyota-affiliated supplier Toyoda Gosei plans to expand its North American headquarters in suburban Detroit, investing about $8 million and adding about 50 jobs....
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Seat brand will build SUV at Skoda factory, CEO says

June 6, 2014 10:48 CET
Seat's SUV will be built at a plant run by sister brand Skoda, the Spanish unit's CEO, Jurgen Stackmann, said....
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Renault starts assembly of Fluence in Malaysia

May 25, 2014 06:01 CET
Renault is stepping up efforts to grow market share in Southeast Asia by starting local assembly of the Fluence compact sedan in Malaysia....
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BMW may build Minis in Mexico, report says

May 15, 2014 12:12 CET
BMW Group may build Minis alongside BMW 3-series and 1-series cars at a new plant in Mexico, a German newspaper reported....
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BMW sees 2014 as year of growth opportunities for auto industry

May 15, 2014 11:42 CET
BMW Group expects global demand for cars to rise this year, underpinning its goal to sell a record number of vehicles in 2014....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Premium SUVs poised for sales surge after disappointing 2013

May 14, 2014 06:01 CET
European sales of premium SUVs are expected to surge as the market heads toward 1 million units by 2020, analysts predict. The sector has expanded as key players such as BMW, Audi and Mercedes-Benz have all launched smaller models....
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Fiat Chrysler will be OK if it misses lofty targets, Marchionne says

May 14, 2014 10:31 CET
Fiat Chrysler CEO Sergio Marchionne said the company will be much stronger than it is today at the end of his plan to sell 7 million cars by 2018, even if it misses the targets he set last week....
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VW CEO Winterkorn pledges growth in U.S., Brazil

May 13, 2014 12:24 CET
Volkswagen CEO Martin Winterkorn said the automaker will redouble efforts to boost flagging sales in the United States as well as grow in Brazil as VW chases Toyota's global sales lead....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Stadler confident Audi will keep lead over Mercedes despite product trough

May 12, 2014 06:01 CET
Audi CEO Rupert Stadler is confident that his automaker will remain the world's second-largest premium brand after BMW this year despite a product trough and a big challenge from fast-growing Mercedes....
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Car parts boom brings hope to Bulgaria

May 10, 2014 06:01 CET
Bulgaria, the EU's poorest member, is capitalizing on factors including its location, its low taxes and reduced labor costs to attract auto suppliers....
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Fiat targets doubling profit by 2018 on upscale models

May 7, 2014 06:01 CET
Fiat Chrysler plans to transform Alfa Romeo, Maserati and Jeep into global brands and more than double profit in the next five years. CEO Sergio Marchionne's goals also include boosting yearly deliveries for the group to 7 million in 2018....
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Fiat Chrysler projects major boost in U.S. market share

4:56 pm U.S. ET | May 6, 2014
Fiat Chrysler Automobiles projected that it will have roughly the same 2018 market share in the United States as Ford had last year and that its global sales would grow more than twice as fast as the rest of the industry....
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FIAT CHRYSLER 5-YEAR PLAN

Fiat focuses on profit in Europe

May 6, 2014 17:05 CET
Fiat aims to boost sales in its Europe, Africa and Middle East region by 27 percent to 1.5 million vehicles in 2018, but sees little growth for its core Fiat brand as it focuses on a return to profit....
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FIAT CHRYSLER 5-YEAR PLAN

Fiat Chrysler will 'write a completely new book,' Marchionne says

May 6, 2014 08:13 CET
Fiat Chrysler CEO Sergio Marchionne today said the company will move forward as a single global automaker....
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Conti can afford another big acquisition, CFO says

May 6, 2014 12:49 CET
Partsmaker Continental would be able to fund another multi-billion-euro acquisition in the next 18 months to spur growth, its finance chief said today....
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BMW Group Q1 profit rises 3% on SUVs

May 6, 2014 10:42 CET
BMW Group reported a 3 percent rise in first-quarter profit as increasing demand for its SUVs helped offset spending on expansion. Revenue gained 4 percent to 18.2 billion euros....
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Bosch sees up to 5% sales growth in 2014 amid strategy shift

April 30, 2014 12:40 CET
Bosch expects sales growth of between 3 percent and 5 percent this year, even as the supplier shifts its focus toward Asian markets and developing Internet-connected sensors....
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