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Greek exit from euro could bring stability, German auto lobby group says

July 1, 2015 09:54 CET

Germany's auto industry lobby group, the VDA, believes a Greek exit from the eurozone may be necessary despite the setback this may bring for Europe's fragile recovery in new-car sales. Automakers are monitoring the potential effects on capital markets and exchange rates if Greece leaves the European single currency – dubbed Grexit.
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Fiat Chrysler will start Jeep output in India in 2017
July 1, 2015 16:10 CET

Fiat Chrysler will invest $280 million to begin Jeep production in India in 2017 through an expanded joint venture with Tata Motors. ...
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Toyota's top female executive, Hamp, steps down after arrest in Japan
July 1, 2015 10:34 CET

Toyota said Julie Hamp, its first female managing officer, had resigned following her arrest last month on suspicion of illegally importing the painkiller oxycodone into ...
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French car sales rise 15% in June on extra working days
July 1, 2015 11:14 CET

French new-car sales increased 15 percent in June as two extra working days helped to lift registrations to the biggest monthly gain in four years. ...
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Porsche labor chief joins VW board
July 1, 2015 14:41 CET

Porsche's labor chief, Uwe Hueck, who once fought a merger with Volkswagen, is joining the parent company's supervisory board as a reshuffle of positions at Europe's larg ...
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Spanish new-car sales jump 24% as scrappage program boosts demand
July 1, 2015 12:31 CET

Spanish new-car sales rose 24 percent in June as a government-backed subsidy scheme continued to boost demand. In the first six months, sales increased 22 percent. ...
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Jaguar Land Rover will make China chief its Europe boss, source says
July 1, 2015 10:45 CET

Jaguar Land Rover will move Bob Grace, its China chief, to lead its European unit, a source said. The company's new China chief will have to deal with slowing industrywid ...
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Toyota touts long range of hydrogen-powered Mirai
July 1, 2015 06:01 CET

Toyota said that its hydrogen-powered Mirai has an estimated range of 312 miles (502km) between refueling stops, giving the sedan a key edge over battery-powered cars suc ...
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NEWS ANALYSIS
New VW brand boss Diess needs to cut costs, boost profits
June 30, 2015 06:01 CET

VW brand will have a new boss for the first time since 2007 when former BMW development chief Herbert Diess takes control. His tasks as successor to Martin Winterkorn, wh ...
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Suzuki patriarch appoints son as president and likely successor
June 30, 2015 11:50 CET

Osamu Suzuki, the outspoken patriarch of Suzuki Motor, positioned his son, Toshihiro, as his successor, appointing him president of the family's namesake carmaker. Osamu ...
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Citroen CEO confirms next C5 for China; Europe future unclear
June 30, 2015 06:01 CET

Citroen will replace its C5 midsize model, CEO Linda Jackson told Automotive News Europe, but she would only confirm that the next-generation car would be sold in ...
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Getrag getting interest from Magna, Dana, Chinese suppliers, report says
June 30, 2015 21:36 CET

Getrag, one of the biggest independent makers of transmissions, has attracted interest from suppliers including Magna International, sources said. Chinese competitors hav ...
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Bosch positions for electrification growth
June 30, 2015 06:01 CET

Robert Bosch and battery partner GS Yuasa are “on a good path” toward developing a lithium ion battery that costs half as much as today's batteries but has tw ...
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Audi makes key A4 model longer and lighter
June 29, 2015 14:23 CET

Audi released details and pictures of its new-generation A4, whose success will be crucial to the automaker's goal of passing BMW as the world's top-selling premium brand ...
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VW's Seat brand set to launch small SUV in 2017
June 29, 2015 21:34 CET

VW Group Spanish subsidiary Seat plans to launch a subcompact SUV/crossover by the end of 2017 as part of its effort to be sustainably profitable, a company source said. ...
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Alfa Romeo's high goals doubted by analysts
June 29, 2015 06:01 CET

Analysts are skeptical that Fiat Chrysler CEO Sergio Marchionne can achieve his ambitious sales goals for Alfa Romeo. "Despite our love of Alfa's past, we're unconvinced ...
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Europe's car output may grow as China costs rise, VW exec says
June 29, 2015 12:12 CET

Automakers are returning some production to Europe from China as its cost advantage weakens, providing an opportunity for central European nations to attract investments, ...
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Fiat Chrysler's Jeep delay highlights challenges to a potential merger
June 29, 2015 10:50 CET

The chief of Fiat Chrysler Automobiles' Jeep brand, Mike Manley, says a redesign of its Grand Cherokee SUV will be delayed by at least a year, intensifying the challenges ...
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BMW, Toyota move ahead on sports car with agreement on platform
June 29, 2015 14:58 CET

BMW and Toyota have moved a step further on a project to jointly develop a midsize sports car with an agreement on common underpinnings for the model. The two carmakers o ...
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VW to launch low-cost car family for China, possibly elsewhere, in 2018
June 28, 2015 15:16 CET

VW plans to launch a family of low-cost cars in China and possibly elsewhere starting in 2018, CEO Martin Winterkorn said. The cars will cost between 8,000 euros ($8,930) ...
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VW says the Golf will be first car to offer gesture controls

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12:01 am U.S. ET | June 3 2015

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Honda works smart to fill UK plant

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Piech casts shadow over Porsche's annual meeting

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Italy sales rose by 25% in April boosted by big discounts
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Europe recovery continues in March
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Jaguar Land Rover will make China chief its Europe boss, source says
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