ForecastsRenault may boost Captur output as small SUV segment boomsNov. 30, 2013 06:01 CET  Renault may boost production of its Captur subcompact crossover by a third in 2014 as demand for small SUVs in Europe jumps.... Read More »
Faurecia trims mid-term goals after acquisitionsNov. 25, 2013 14:22 CET  Faurecia said that it has trimmed its mid-term sales and margin goals as it digests several acquisitions made over the past few years.... Read More »
Ford's profit goal for Europe in reach, Odell saysNov. 22, 2013 17:20 CET  Ford's European turnaround is gaining traction as the auto market stabilizes, though there is work to do controlling costs and launching new models before a promised return to profit, said Stephen Odell, the carmaker's regional chief.... Read More »
Toyota lowers car sales goal in Germany due to hybrid shortagesNov. 14, 2013 06:01 CET  Toyota says it will not sell as many cars in Germany as it originally hoped this year after failing to keep up with demand for its hybrid cars in the market.... Read More »
Schaeffler backs 2013 outlook on 'robust' third-quarter businessNov. 11, 2013 10:53 CET  German supplier Schaeffler reaffirmed its full-year forecast of growing group revenue between 1 and 2 percent after the supplier said third-quarter sales rose 2 percent.... Read More »
Continental raises earnings forecast on China, U.S. growthNov. 7, 2013 09:11 CET  Continental raised its earnings forecast for 2013 as growth in China and North America offset the effects of the euro's currency-market gains.... Read More »
Audi sticks to profit margin goal despite costs of growthNov. 4, 2013 11:34 CET  Audi reaffirmed a goal to achieve an operating profit margin of 8 percent to 10 percent this year despite higher spending on models, technology and factories.... Read More »
Subaru lifts full-year profit forecast on record U.S. sales 12:01 am U.S. ET | Nov. 4, 2013  The maker of Subaru cars has raised its already rosy full-year profit and revenue forecasts. Fuji Heavy Industries President Yasuyuki Yoshinaga said the improved outlook builds on a more favorable yen-dollar exchange rate and booming U.S. demand.... Read More »
Autoliv raises sales outlook for 2013 as Q3 profit rises 1%Oct. 24, 2013 13:22 CET  Auto safety specialist Autoliv posted a small rise of 1 percent in quarterly pre-tax earnings and raised its sales outlook for the full year.... Read More »
VW's Winterkorn says Germany's 1 million electric-car goal is achievableOct. 24, 2013 06:01 CET  VW CEO Martin Winterkorn said the German government's goal to have 1 million electric cars on the country's roads by 2020 can be achieved if hybrids are included.... Read More »
PSA forecasts fourth-quarter market share gain in EuropeOct. 16, 2013 14:04 CET  PSA/Peugeot-Citroen forecasts a fourth-quarter market share increase in Europe as new models including the Peugeot 2008 crossover and Peugeot 308 hatchback help boost demand.... Read More »
Mazda wants to sell about 500,000 Mazda3s a yearOct. 10, 2013 06:01 CET  Mazda aims to sell about 500,000 redesigned Mazda3 compact cars a year around the world, CEO Masamichi Kogai said, setting the highest target ever for its best-selling model.... Read More »
VW denies it may miss profit goals on slow growth, higher MQB costs 12:01 am U.S. ET | Sept. 21, 2013  VW denied that the company may miss its profit goals because of slower growth and higher-than-expected costs for the ramp up of its MQB architecture.... Read More »
VW denies it may miss profit goals on slow growth, higher MQB costs 12:01 am U.S. ET | Sept. 20, 2013  VW denied that the company may miss its profit goals because of slower growth and higher-than-expected costs for the ramp up of its MQB architecture.... Read More »
VW denies it may miss profit goals on slow growth, higher MQB costsSept. 19, 2013 15:41 CET  VW denied that the company may miss its profit goals because of slower growth and higher-than-expected costs for the ramp up of its MQB architecture.... Read More »
Maserati sees sales jumping to 16,000 this yearSept. 11, 2013 15:42 CET  Maserati expects sales to jump to about 16,000 cars this year from 6,300 last year, driven by demand for its new Quattroporte and Ghibli models.... Read More »
Ghosn sees global car market up 1.5% in 2013Sept. 10, 2013 10:13 CET  Renault-Nissan CEO Carlos Ghosn says the global auto market will grow by just 1.5 percent this year and by about 3 percent in 2014, helped by an improvement in Europe.... Read More »
Russian car sales fall for 6th straight monthSept. 9, 2013 15:33 CET  Russian car sales fell for a sixth straight month in August, down 10 percent, although sales should stabilize by the year end.... Read More »
Used-vehicle forecast: Softer prices, better selection 12:01 am U.S. ET | Sept. 9, 2013  An industrywide uptick in used-vehicle volume into 2014 will soften prices of those vehicles, forecasters and industry executives predict.... Read More »
Volvo targets BMW, Audi buyers with Chinese premium growthSept. 4, 2013 18:00 CET  Volvo is working to upgrade its model lineup with the aim of winning Chinese customers away from premium rivals BMW and Audi.... Read More »
AUTOMOTIVE NEWS EUROPE E-MAGAZINE UK car market still has room to grow, auto bosses saySept. 4, 2013 06:15 CET  UK car sales have risen for 17 consecutive months and automaker bosses believe the volume gains will continue as competitive finance deals and low interest rates drive sales.... Read More »
AUTOMOTIVE NEWS EUROPE E-MAGAZINE Europe ready to re-bootSept. 2, 2013 06:01 CET  Green shoots of recovery are beginning to appear for Europe's carmakers, despite continued shrinkage in the region's overall new-car sales. “The worst is over,” Roelant de Waard, Ford of Europe's head of sales and marketing said in an interview last month.... Read More »
Daimler sees double-digit growth in China marketAug. 30, 2013 11:36 CET  Daimler expects to see growth of up to 15 percent in China's luxury car segment this year and is trying to grab a bigger share of that market by expanding into the inland-west and smaller cities.... Read More »
Turkish auto market seen as flat in 2013Aug. 30, 2013 09:21 CET Turkish auto sales will reach about 820,000 vehicles in 2013, almost unchanged from last year, said Kamil Basaran, CEO of Tofas, Fiat's joint-venture in the country.... Read More »
Germany's Schaeffler cuts revenue target on weak industrial demandAug. 29, 2013 13:14 CET  German supplier Schaeffler lowered its full-year revenue target to 1 percent to 2 percent from 4 percent after first-half growth stalled amid a sharp drop in demand at its industrial division.... Read More »
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Special Report
 Dealer aims to create a 'place of delight'Bernie Moreno has expanded the suburban Cleveland-based Collection Auto Group from a single store in 2005 to 21 dealerships today. Mon., December 9» Watch the Video |
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