Economy

SEPTEMBER U.S. AUTO SALES

Chrysler sales rise 19% on strong Jeep, Ram pickup volume

8:00 am U.S. ET | Oct. 1, 2014
Another month of robust demand for Ram pickups and Jeeps, combined with some of the industry's highest discounts, helped Chrysler Group's U.S. sales rise 19 percent in September. Jeep deliveries rose 47 percent and Ram pickup volume increased 30 percent to 36,612 units. Overall, U.S. light-vehicle sales are projected to rise nearly 10 percent to 1.25 million units from a relatively weak September 2013....
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Ford to cut Fiesta output in Germany

Sept. 19, 2014 10:47 CET
Ford said it will cut production of its Fiesta subcompact at its plant in Cologne, Germany, in the fourth quarter because of slowing demand in some of the region's key markets....
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Russia car sales fall 26% in August as Ukraine crisis hits confidence

Sept. 8, 2014 15:05 CET
New-car sales in Russia fell by 26 percent in August after a 23 percent decline the previous month as Western sanctions over the conflict in Ukraine hit consumer confidence....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

VW India boss outlines turnaround plan

Sept. 1, 2014 06:15 CET
VW India boss Mahesh Kodumudi explains to Automotive News Europe what measures the automaker is taking to reverse its slide in the key market....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

How India went from boom to bust

Sept. 1, 2014 06:15 CET
After a period of rapid expansion, India's car market entered a slump indirectly triggered by the U.S. Federal Reserve's announcement that it would start to gradually phase out its ultra-loose monetary policy....
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Dutch car sales likely to fall to 45-year low, industry group says

Aug. 19, 2014 13:36 CET
Dutch car sales will likely fall to their lowest level since 1969 this year as sluggish economic recovery and weak consumer confidence hit demand, automotive industry consultancy group Aumacon says....
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China's Brilliance mulls Italy car plant, prime minister says

Aug. 14, 2014 22:13 CET
Italian Prime Minister Matteo Renzi said that Chinese carmaker Brilliance China Automotive had expressed an interest in opening a plant in Italy. Renzi is trying to encourage foreign investment in Italy, which has fallen back into recession....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Europe's slump creates new opportunities at the top

Aug. 13, 2014 06:01 CET
Europe's car sales slump took its toll on the executive ranks at automakers active in the region. Just 13 of the 37 executives who topped their organizational charts before the crisis are still there....
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Europe group questions China antitrust probes

Aug. 13, 2014 13:25 CET
The European Union Chamber of Commerce in China on Wednesday expressed concern over a recent series of antitrust investigations, saying China was using strong-arm tactics and appeared to be unfairly targeting foreign firms....
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Trouble looms as industry zooms

12:01 am U.S. ET | Aug. 11, 2014
As U.S. auto sales and output roar back to levels many in the industry feared they would never see again, leading industry economists and forecasters have a warning: Dark clouds are on the horizon....
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2014 MANAGEMENT BRIEFING SEMINARS

Auto sales suffer when young adults work only part-time, economist says

3:25 pm U.S. ET | Aug. 5, 2014
New-vehicle sales are climbing steadily, but they are still depressed by a lack of full-time jobs for young adults, an economist said....
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2014 MANAGEMENT BRIEFING SEMINARS

Auto sales would be higher in 'normal' recovery, researcher says

12:24 pm U.S. ET | Aug. 5, 2014
If this were a normal recovery, the auto industry should be selling a lot more cars than it is this year, says an economist. But this is no normal recovery, said Itay Michaeli, director of Citi Investment Research and Analysis....
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Russian car sales sink most in 4 years on ruble weakness

July 10, 2014 12:29 CET
Sales of new cars in Russia plunged by the most in more than four years in June as a weaker ruble curbed demand. Automakers sold 199,398 vehicles last month, down 17 percent from a year earlier....
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Average U.S. fuel economy 25.5 mpg in June

1:38 pm U.S. ET | July 7, 2014
Average fuel economy for new vehicles sold in the United States remained above 25 mpg for the fifth straight month in June, researchers at the University of Michigan said....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

European plant capacity usage improves, but breakeven still years away

June 10, 2014 06:01 CET
Capacity utilization at Europe's vehicle plants should reach 70 percent this year. A return to the 2007 high of 85 percent is not expected until 2020 – if ever – forecasters say....
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European car sales lackluster in May

June 4, 2014 08:49 CET
New-car registrations across Europe were generally lackluster in May after a rebound in the first few months of the year, although sales in Germany and Spain rose due to incentives and subsidies....
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EDITORIAL

No margin for error

12:01 am U.S. ET | June 2, 2014
Even with the industry on a roll, dealers must keep working to control costs and protect their profitability....
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Toyota named most valuable car brand

May 21, 2014 06:15 CET
Toyota defended its title as the world's most valuable car brand. BMW was No. 2 while Ford made the biggest improvement, leaping past VW brand and Nissan into the top five, according to a study....
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Renault-Nissan's resilience to Russia's problems may be tested

May 14, 2014 15:46 CET
Renault is looking closely at Western sanctions on Russia even though its alliance with Nissan appears better positioned than others to ride out the crisis over Ukraine....
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Ford expects new models, stabilizing markets to sustain European sales growth

May 14, 2014 11:57 CET
Ford is counting on new models and stabilizing markets to boost its European sales after the automaker's regional deliveries rose 7 percent in April. The improvement outpaced total industry growth of 4 percent....
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Russian car sales fall 8% in April on weak ruble

May 13, 2014 16:08 CET
Russian car sales fell 8 percent in April as the weak ruble hit consumer demand. Car sales have been falling as Russia's already weak economy is further hit by Western sanctions over Ukraine and people delay making large purchases....
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Maserati, VW lead foreign automakers making inroads in Japan

May 12, 2014 11:00 CET
Maserati and VW are among foreign automakers benefitting from a sales rebound in Japan as 302,000 non-Japanese cars were sold in the country in the year ending March 31, the highest number since 1997....
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W. Europe car sales headed for 4% growth after strong April

May 9, 2014 10:27 CET
Western European car sales may rise 4 percent to 12.04 million this year as the region's auto market continues its recovery. Four-month sales were up in all of the region's major markets....
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VW to lay off 900 workers in Brazil

April 25, 2014 07:33 CET
VW will lay off about 900 workers at two Brazilian plants in response to sluggish demand for cars in Latin America's largest economy....
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UK car production returns to growth, boosted by increased European demand

April 24, 2014 08:40 CET
British car production returned to growth in March, boosted by increased demand in Europe and by automakers completing retooling to build new models. Output increased 12 percent last month....
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