Business and Finance

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Citroen CEO on why the C4 Cactus embodies brand's revised values

Sept. 3, 2014 06:15 CET
Linda Jackson, Citroen's new CEO, has the tough task of leading the brand without the newly independent DS line. The executive told Automotive News Europe that focusing on design and technology will be central to facing this task....
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Tesla says it didn't violate Georgia regulations

9:24 pm U.S. ET | Sept. 2, 2014
Tesla Motors, facing a challenge from Georgia dealerships over how it sells cars, said claims made in a petition filed on behalf of auto retailers in the state that it breached its license agreement aren't valid....
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GM says early orders surge for Colorado pickup

6:25 pm U.S. ET | Sept. 2, 2014
Chevrolet dealers requested nearly 30,000 Colorado pickups in the month since GM began taking orders for the midsize truck -- about five times more than the company had forecast. The launch of the Colorado and its sibling, the GMC Canyon, is among the most closely watched in years for GM....
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Land Rover sets base Discovery Sport price at $38,920

7:00 pm U.S. ET | Sept. 2, 2014
The seven-seat Discovery Sport, the first vehicle in a new family of Land Rovers aimed at buyers in the middle of the luxury market, will go on sale in early 2015 with a base price of $38,920, including shipping....
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Tesla stock reaches new record high after bullish analyst report

3:02 pm U.S. ET | Sept. 2, 2014
Tesla Motors shares rose to another record high after an analyst report cited the electric-car maker's increasing production and said it may be worth $400 a share even before it starts making a lower-priced model....
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AUGUST U.S. SALES PREVIEW

Chrysler Group's hot streak putting heat on competition

8:55 am U.S. ET | Sept. 2, 2014
As Jeep benefits from consumers' renewed attraction to SUVs, Chrysler Group also has been aided by strong demand for Ram pickups and Town & Country minivans. That helped propel its U.S. sales up 12 percent last month, the largest increase of any major automaker, according to the average of eight analyst estimates compiled by Bloomberg....
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VinSolutions promotes 2 managers after exec departs

2:39 pm U.S. ET | Sept. 2, 2014
Dealership software supplier VinSolutions has promoted two of its top managers, effective immediately, upon the departure of executive Brian Skutta, the company said today....
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Ford abandons practice of removing items to boost heavy-duty pickup payload ratings

9:35 am U.S. ET | Sept. 2, 2014
Ford said it will abandon its practice of stripping removable items from its heavy-duty pickups to boost their payload ratings and will join competitors in using base curb weights. The automaker also said today that it will state the maximum towing rating for the 2015 F-450 using the industry's SAE J2807 towing standard....
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DOUGLAS A. BOLDUC

Tough times for Carlos Ghosn

4:49 am U.S. ET | Sept. 2, 2014
Renault-Nissan CEO Carlos Ghosn has had three highly skilled leaders leave the alliance since last August. Nissan Chief Planning Officer Andy Palmer is the latest top-ranked executive to depart....
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DOUGLAS A. BOLDUC

Tough times for Carlos Ghosn

4:49 am U.S. ET | Sept. 2, 2014
Renault-Nissan CEO Carlos Ghosn has had three highly skilled leaders leave the alliance since last August. Nissan Chief Planning Officer Andy Palmer is the latest top-ranked executive to depart....
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Nissan exec Palmer leaves to become Aston Martin CEO

Sept. 2, 2014 08:56 CET
Andy Palmer, the car-guy chief planning officer at Nissan, who was once tipped as a possible future CEO, is leaving the company to head UK sports car maker Aston Martin....
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German, French and Italian car sales fall in August

Sept. 2, 2014 11:25 CET
New-car sales in Germany, France and Italy all fell slightly in August, a seasonally weak vacation month, while Spain's subsidy-led recovery continued....
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Europe business chamber says China won't force foreign suppliers to form JVs

Sept. 2, 2014 12:19 CET
Recent media reports that China will force foreign automotive suppliers to form joint ventures with local companies are unfounded, the European Union Chamber of Commerce in China said....
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China targeting auto industry, other foreign companies unfairly, U.S. group says

6:30 am U.S. ET | Sept. 2, 2014
China is targeting foreign companies -- including automakers and suppliers -- with opaque laws and rules, according to a group representing U.S. businesses there, contributing to a deteriorating environment for investment in the nation....
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Renault names new product planning, Russia chiefs

Sept. 2, 2014 11:16 CET
Renault announced top management changes that included naming a new product planning chief and a new boss for the region that includes the key Russian market....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

How Infiniti plans to capture the new breed of premium customers

Sept. 2, 2014 06:15 CET
Infiniti is working to reposition itself as a unique design- and technology-driven alternative to Germany's premium automakers, the carmaker's Chairman, Andy Palmer, told Automotive News Europe....
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Dealers

12:01 am U.S. ET | Sept. 1, 2014
Dealers featured this week include the Joseph family at Oliver C. Joseph Inc. (Chrysler-Dodge-Jeep-Ram) in Belleville, Ill.; Cary Shaffer of Shaffer Hyundai in Merrillville, Ind.; and Paul and Tom Barberino, owners of Barberino Nissan in Wallingford, Conn....
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The marketing move behind Buick's big year

12:01 am U.S. ET | Sept. 1, 2014
Buick-GMC chief Duncan Aldred believes that the ad campaign that's been running since March just might be starting to do something that a lineup of handsome sheet metal could not: transform Buick's old-fogey image. Aldred is doubling down with the release this week of several more spots, each featuring people who can't wrap their heads around the fact that they're looking at a Buick....
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Palmer: Infiniti is 'different, personalized and provocative'

12:01 am U.S. ET | Sept. 1, 2014
Infiniti Chairman Andy Palmer is working to reposition the brand as a design- and technology-driven alternative to Germany's premium automakers....
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PSA to cut jobs and output at French plant, unions say

Sept. 1, 2014 23:08 CET
PSA will cut 300 jobs as it reduces output at its factory in Sochaux, eastern France, starting in November, trade union officials said....
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Thailand set to approve Volkswagen factory, report says

Sept. 1, 2014 23:00 CET
Thailand is set to approve the construction of a VW factory near Bangkok, a German newspaper reported. The investment would secure tax and customs advantages for VW if it builds fuel-efficient cars there....
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French car sales drop 3% on weak August demand

Sept. 1, 2014 10:45 CET
French car sales fell 3 percent last month, led by an 11 percent drop at Renault. PSA sales fell in line with the market, while VW deliveries rose 11 percent, boosted by gains at Skoda....
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Spanish car sales rise 14% in August

Sept. 1, 2014 11:47 CET
Spain's new-car sales rose 14 percent to 45,355 in August, the twelfth straight month of increases, car manufacturers' association Anfac said....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

European automakers seek firmer foothold in India

Sept. 1, 2014 06:15 CET
When VW reported group deliveries in India had more than doubled in 2011, it looked as if the market would help the automaker achieve its goal of being No. 1 in global sales. Things have changed since then, forcing VW to rework its plans....
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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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