Volkswagen
VW profit falls in second-quarter, raising pressure to cut costsJuly 31, 2014 11:38 CET
Volkswagen said operating profit declined 3.1 percent in the second quarter as emerging-market volatility and a plunge in earnings at its core passenger-car division weighed on earnings....Read More »
Audi said to plan efficiency push to lower costsJuly 30, 2014 20:45 CET
Audi CEO Rupert Stadler plans steps to boost efficiency and lower costs on all operating levels, a source said, as the luxury carmaker struggles to raise output and profit margins....Read More »
Audi CEO vows efficiency drive to enhance margins, report says 2:45 pm U.S. ET | July 30, 2014
Audi plans steps to boost efficiency and lower costs on all operating levels, according to a senior company source, as the luxury carmaker struggles to raise output and profit margins....Read More »
VW closes gap on Toyota's global leadJuly 30, 2014 08:02 CET
Volkswagen is closing in on Toyota as the global leader in vehicle sales, with a rapid expansion drive in China while Toyota curbs growth to focus on shoring up quality....Read More »
VW suffers production woes adjusting to MQB platform, report saysJuly 29, 2014 16:38 CET
Volkswagen's move to add extra German production shifts for the Golf, which the company has attributed to strong demand, is also due to problems adjusting to its new MQB platform, company sources said....Read More »
GUIDO REINKING
Fiat would find a safe haven in VW 4:59 am U.S. ET | July 29, 2014
Reports that VW may buy Fiat-Chrysler sound improbable, but the idea has appeal. It would allow VW to overcome its weakness in North America and offer Fiat Chrysler a safe haven....Read More »
2014 PARIS AUTO SHOW
Skoda bets on sporty design to boost Fabia salesJuly 29, 2014 06:01 CET
Skoda has given its Fabia subcompact a more dynamic, sharper and sportier design. The latest-generation Fabia will debut at the Paris auto show in October....Read More »
SHAREHOLDER VALUE
Lithia's big DCH deal was a boon for shareholders 12:01 am U.S. ET | July 28, 2014
Lithia Motors' big acquisition last month fueled a strong second quarter for the publicly traded retailer in terms of shareholder value return....Read More »
VW plans Apple-like model updates 12:01 am U.S. ET | July 28, 2014
Volkswagen AG plans to mimic the fast-paced rollouts of products made by the likes of Apple Inc. to adapt quicker to changing customer demands for technology in its vehicles....Read More »
Audi cuts spare-part prices in China amid anti-monopoly probe 9:58 am U.S. ET | July 27, 2014
Volkswagen AG's luxury Audi brand plans to cut spare-part prices in China as global automakers rush to change their pricing strategies after Chinese anti-monopoly regulators began probing the auto industry....Read More »
Jaguar Land Rover taps ex-military to combat skills shortage 12:01 am U.S. ET | July 27, 2014
Jaguar Land Rover has created a training course to attract former military personnel amid a shortage of skilled workers in Britain. Ford and Bentley are also competing for talent with trainee programs as the U.K.'s expanding auto industry devises new ways to draw workers to manufacturing....Read More »
Volkswagen marketing chief quitsJuly 25, 2014 22:20 CET
Volkswagen's global marketing head, Simon Thomas, will leave the post after about a year in the job. Thomas, a former top Nissan Europe executive, said he is leaving VW at his own request....Read More »
VW may open planning center in Brazil to revive salesJuly 25, 2014 10:07 CET
VW Group is mulling a planning center in Brazil. It would be part of the automaker's 3.6 billion euro ($4.85 billion) investment in new models, plants and technology for the country through 2018, sources said....Read More »
Audi, BMW and Mercedes pressure Ford, GM as UK market boomsJuly 25, 2014 06:01 CET
Germany's premium automakers are benefiting most from the UK car market boom. Audi, BMW and Mercedes are winning customers from mass-market brands such as Ford and Vauxhall....Read More »
Audi, BMW and Mercedes pressure Ford, GM as UK market booms 12:01 am U.S. ET | July 25, 2014
Germany's premium automakers are benefiting most from the UK car market boom. Audi, BMW and Mercedes are winning customers from mass-market brands such as Ford and Vauxhall....Read More »
Bentley may add a fifth model after SUV launch 9:51 am U.S. ET | July 24, 2014
Bentley may add a fifth model to its lineup after it launches an SUV in 2016, CEO Wolfgang Duerheimer said. The new model could be a two-seat sports car or a larger model slotted between the Continental GT coupe and Mulsanne sedan....Read More »
Bentley may add a 5th model after SUV launchJuly 24, 2014 15:51 CET
Bentley may add a fifth model to its lineup after it launches an SUV in 2016, CEO Wolfgang Duerheimer said. The new model could be a two-seat sports car or a larger model slotted between the Continental GT coupe and Mulsanne sedan....Read More »
Bentley CEO rolls back 'aggressive' sales forecastsJuly 24, 2014 13:12 CET
Bentley expects 2014 deliveries to be lower than previously forecast as the carmaker is hit by the crisis in Ukraine and Russia and struggles to maintain high sales growth in China....Read More »
Marchionne says Fiat Chrysler tie-up with VW was never on agendaJuly 23, 2014 12:27 CET
Fiat Chrysler CEO Sergio Marchionne quashed all speculation of a possible tie-up with Volkswagen, saying the idea had never been on the agenda....Read More »
Bentley names VW veteran as human resources chiefJuly 23, 2014 06:01 CET
Bentley named VW Group executive Marlies Rogait as its new head of human resources....Read More »
Buick Regal, Volvo S60 join Consumer Reports' list of top upscale, sports sedans 6:00 am U.S. ET | July 22, 2014
The Buick Regal, refreshed with a revamped powertrain for 2014, now ranks among the top upscale sports sedans tested by Consumer Reports, just behind the BMW 328i but high enough to easily top the magazine's road test scores for the Cadillac ATS and CTS sedans....Read More »
VW CEO to address workers about billions in planned cost cuts 1:49 pm U.S. ET | July 22, 2014
Volkswagen's CEO will address thousands of workers at its biggest plant on Wednesday as he attempts to win their support for cost cuts at the carmaker's core VW brand....Read More »
NEWS ANALYSIS
A VW-FCA deal would be risky, reasonable 12:01 am U.S. ET | July 21, 2014
If Volkswagen does buy Fiat Chrysler -- despite the companies' denials of a report that they are in talks -- it would be because the fixations of VW Chairman Ferdinand Piech may line up perfectly with the needs of the family that controls Fiat Chrysler....Read More »
AUTOMOTIVE NEWS EUROPE E-MAGAZINE
The 'better Golf'July 21, 2014 08:09 CET
Volkswagen says the Golf Sportsvan combines the agility of the classic Golf hatchback with the roominess, easier access and higher seating position of a minivan, leading some commentators to dub it “the better Golf.”...Read More »
Volkswagen puts its faith in Tennessee 12:01 am U.S. ET | July 21, 2014
In conjunction with its announcement last week that it would invest $900 million to expand its Tennessee factory to accommodate a mid-sized cross-over tailored to the U.S. market, VW also mapped out plans for a new vehicle r&d center at its Chattanooga site, deviating from a tradition of central planning from Wolfsburg....Read More »
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