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The Hyundai Kona full-electric crossover will end 2018 on a high note after receiving 7,000 orders just in Norway after its launch in July.
Fiat has stopped producing diesel versions of the Panda and is phasing out the 500 diesel, sources said.
Sales had jumped 49 percent in August as carmakers rushed to clear out vehicle stocks ahead of the Sept. 1 introduction of the tougher emissions tests under the Worldwide Harmonised Light Vehicle Test Procedure.
Ferrari plans to sell 499 units of the Monza SP1 and SP2 supercars with a €1.6 million ($1.85 million) price tag. Over two years of production, that would generate an additional $755 million in revenue.
After pushing deliveries up in July and August, when some carmakers had to register older vehicles that no longer would be compliant after Sept. 1, the WLTP standards triggered the September fall. Many carmakers had not yet homologated models according to the new rules.
Ferrari plans to sell 499 units of the Monza SP1 and SP2 supercars with a 1.6 million euro ($1.85 million) price tag that will equate to 654 million euros ($755 million) over two years of production.
GAC's percentage of foreign sales is around 10 percent, and the long-term target is to have a 50-50 split between sales in China and abroad.
Ferrari's limited-edition, retro-styled Monza supercars are part of the automaker's new Icona line. The line's models, which are inspired by iconic past Ferraris, are expected to boost profit margins because they are aimed at the automaker's most passionate and wealthiest owners.
Ferrari will launch the Purosangue four-door utility vehicle in 2022. The name means "thoroughbred" in Italian.
The Italian coachbuilding and design company has a new strategy based on two business areas — engineering and design — that have been split into separate legal entities.
Fiat Chrysler Automobiles CEO Mike Manley is set to reveal a new executive team and management structure later this month.
Contrary to what happened in France, Spain, Germany and the UK, Italian registrations did not rise dramatically in August ahead of a deadline for the new WTLP testing regime on Sept. 1.
Registrations in Spain jumped 49 percent in August as automakers rushed to clear out vehicle stocks ahead of the introduction of the new WLTP testing regime on Sept. 1.
Mike Manley took the helm at FCA just four days before the death of former CEO Sergio Marchionne. That same day Manley had to present FCA's disappointing Q2 results and lower annual profit goals.
Mike Manley took the helm at Fiat Chrysler just four days before the death of former CEO Sergio Marchionne. That same day Manley had to present FCA's disappointing second-quarter results and lower annual profit goals.
As one of the leading suppliers of interior equipment in the world, Spain's Grupo Antolin believes it is ideally positioned to capitalize on the shift toward autonomous and connected cars, CEO Jesus Pascual told Automotive News Europe.
Spanish supplier Gestamp has expanded extensively since 2009 through organic growth and takeovers. Francisco Riberas, founder of the company, talked with Automotive News Europe about Gestamp's future goals and challenges.
Spain is working to expand rules for self-driving vehicles and on modifications to insurance law, aiming to offer an overall legal framework for autonomous driving.
Self-driving tests will be permitted on "specific roads" in Italy after the country passed its first law regulating testing in February.
Maserati will rebound after plunging China sales almost wiped out the brand's profit in the last quarter, Fiat Chrysler CEO Mike Manley said.
Mahindra & Mahindra are hoping to get a much larger slice of the European car market with the launch of their KUV 100 small crossover. Last year, the Indian automaker sold fewer than 800 vehicles, but hopes to lift this to 10,000 a year by 2021 with the KUV 100's help.
Fiat Chrysler's decision to shrink its Fiat brand in Europe to include an electrified 500 family and its popular Panda hatchback is a smart one, industry watchers say.
Loyal minivan buyers who aren't willing to join the shift to SUVs appear to have found refuge in one of Europe's least glamorous segments.
Sales of new cars in Italy declined 7.3 percent in June, according to figures published by the country's transport ministry. The decrease follows a 2.8 percent drop in May. Last month's loss was attributed to declines in self-registrations and short-term rentals.
New-car registrations in Spain increased 8 percent in June to 142,376 despite one fewer selling day compared with the same month last year. A dealer association official said that “thanks to the positive first half, we now estimate a 7 percent increase in sales in 2018.”
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