Headlines for Thursday, February 7, 2013

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PSA takes $5.53 billion in writedowns as auto sales plummet

PSA/Peugeot-Citroen took second-half writedowns of 4.13 billion euros ($5.53 billion), reflecting the falling value of assets as the region's auto sales sink a sixth straight year. Read More »

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Continental watches eyeballs to limit distraction

Continental AG is developing a system -- dubbed the Driver Focus Vehicle -- that monitors the driver's eye movements, then warns if the driver is looking away from the road under hazardous conditions. Read More »

Renault is confident a labor deal will be reached soon

Renault is confident it will reach a deal with unions next week to restructure the automaker's operations in France. Read More »

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Renault's European fix in danger as Russian growth slows

Russia's car market is forecast to slow and possibly decline this year, ending a three-year streak of gains of more than 10 percent and damping market leader Renault's efforts to offset slumping demand in Europe. Read More »

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Daimler sees flat 2013 profit after 10% fall last year

Daimler forecast unchanged 2013 profit as spending for new models and a revamp of the automaker's operations eat into earnings. The company said earnings fell 10 percent in 2012. Read More »

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Daimler CEO Zetsche vows comeback with 13 new models

Daimler CEO Dieter Zetsche will roll out 13 new models with no predecessor in the next eight years to hep Mercedes retake the top spot in luxury-car sales by 2020. Read More »

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PSA workers face threats from striking colleagues at doomed French plant

For workers on the assembly line at PSA's Aulnay plant near Paris, starting their shift has become a daily test of nerves.They face jeers and threats, as well as eggs and other objects hurled by striking colleagues protesting against the shutdown and PSA's restructuring plans Read More »

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2013 GENEVA AUTO SHOW:

Honda joins Toyota in targeting Europe's compact wagon market

Honda will unveil a concept for a station wagon version of its Civic hatchback at next month's Geneva auto show. A production version will go on sale early next year, marking Honda's return to the European compact station wagon market. Read More »

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2013 GENEVA AUTO SHOW:

BMW touts 3-series GT as sporty but practical car

BMW will debut the 3-series GT at next month's Geneva auto show. The company is promoting the car as a practical but sleek-looking variant of its 3-series lineup. Read More »

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DOUGLAS A. BOLDUC:

Zetsche: If Winterkorn can do it, so can I

Dieter Zetsche plans to keep his double role as Daimler chairman and Mercedes CEO despite the different challenges facing the businesses. Read More »

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VW workers receive 2% of voting rights from Piech's family holding

Volkswagen workers have had their influence boosted at Europe's largest carmaker after receiving 2 percent of VW's voting rights from the Piech-Porsche family. Read More »

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VW falls, Hyundai rises in innovation ranking

The VW brand fell badly in a new ranking of innovative companies, dropping to 45th overall from 15th in 2010, the last time senior executives were polled. Hyundai and Toyota came out on top among automakers. Read More »

 
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Why VW is closer than ever to global No. 1

Douglas A. Bolduc
5:26 am U.S. ET | Jan. 21 2015

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Volkswagen Group has reason to celebrate. Toyota seemingly conceded the title of world's largest automaker to its German rival 21 days into the new year. ...
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Farewell to an auto PR legend

Luca Ciferri
8:17 am U.S. ET | Jan. 21 2015

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Nothing was impossible for automotive PR man Tom Kowaleski even literally crashing into an auto show ...
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Jeep uses Paris boat show to gain traction

Bruce Gain
6:34 am U.S. ET | Jan. 16 2015

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Jeep hopes its role as a marketing partner at the Nautic in Paris, one of Europe's biggest boat show ...
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So what is a Bentayga?

Bradford Wernle
12:01 am U.S. ET | Jan. 14 2015

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When it comes to quirky names for SUVs, Volkswagen Group has the market pretty well cornered. Now we ...
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Zetsche, Tesla's Musk have similar timetables for self-driving cars

Douglas A. Bolduc
12:01 am U.S. ET | Jan. 14 2015

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Daimler CEO Dieter Zetsche and Tesla CEO Elon Musk have very similar timetables for when they think autonomous cars will be on the road. ...
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Why Jaguar's founder would love the F-Pace

Douglas A. Bolduc
12:25 am U.S. ET | Jan. 13 2015

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Jaguar Design Director Ian Callum believes that company founder Sir William Lyons would approve of t ...
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Zetsche rejoices in U.S. rebound

Christiaan Hetzner
5:20 am U.S. ET | Jan. 13 2015

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Daimler CEO Dieter Zetsche expects the U.S. ...
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Is BMW 9 series a step closer?

Jay Ramey
12:01 am U.S. ET | Jan. 7 2015

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BMW may decide this year whether to launch a new range-topping sedan. ...
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Nissan offers rare peek into battery making

Nick Gibbs
12:01 am U.S. ET | Dec. 12 2014

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A rare tour of Nissan's UK battery plant demonstrated how tricky it is to build the product. ...
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Why loyalty leads to fewer dealership visits

Luca Ciferri
12:01 am U.S. ET | Dec. 11 2014

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A customer visited a dealership an average of six times in the UK before completing a purchase in 1994. That number dropped to 1. ...
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Europe 2014 sales rise on low-cost brands shift
European car sales in 2014 rose for the first time in seven years, thanks to government incentives, ...
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Russia car sales forecast to drop 24% as economic crisis worsens
Russian car sales are set to decline by 24 percent this year after falling 10 percent in 2014 as the ...
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W. Europe car sales up 5% in 2014; 3% gain seen for 2015
New-car sales in western Europe increased by 5 percent in 2014, the best result since 2009, but grow ...
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German car sales rose 7% in December on extra selling day
New-car sales in Germany rose 7 percent in December, returning Europe's largest auto market back to positive annual growth after two years of shrinking sales. ...
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Car sales slump in France in December, but rise in Spain and Italy
France's floundering economy pushed car sales 7 percent lower in December, while Spanish sales jumpe ...
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Budget brands win despite Europe's car sales slowdown
New-car registrations in Europe rose 1 percent in November, with budget brands beating the market as ...
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Russian auto market decline slows in November
Russian car sales fell 1 percent in November compared with 10 percent the month before as a state sc ...
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Western Europe car sales lifted by UK as France, Germany falter
Western Europe new-car sales rose 1 percent in November as strong demand in the UK and Spain helped ...
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Auto sector takes hit in Q3
Automakers and suppliers were hit hard in the third quarter while car retailers continued to make gains, according to the Automotive News Europe/PwC shareholder value.. ...
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Europe's auto recovery continues without France
Western European new-car sales rose 6 percent in October as demand picked up in all major markets ex ...
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Ford names new lobbyist in Europe as free trade, CO2 pressure intensifies
Ford of Europe has promoted veteran lobbyist Andrew McCall as its new vice president for government ...
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New Mini boss is former Audi executive
BMW named former Audi executive Sebastian Mackensen as head of its Mini brand. ...
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Volvo appoints Kerssemakers as U.S. chief
Volvo is reshuffling its North American management by appointing global corporate product strategy c ...
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McLaren names new design chief
UK supercar maker McLaren promoted Robert Melville to the post of chief designer, reporting to the c ...
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VW's Seat brand recruits Ford designer Lamm
Volkswagen's Seat brand has recruited Ford of Europe stylist Stefan Lamm as its new head of exterior ...
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Aston Martin hires former Porsche exec as China boss
Aston Martin has hired former Porsche and BMW executive Michael Mingshan Peng as its new China boss ...
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Bosch's automotive head quits to become CEO of Mahle
The head of Bosch's automotive division, Wolf-Henning Scheider, has quit the world's top-ranked supp ...
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Ford-Getrag JV names new COO
Getrag Ford Transmissions, a joint venture between the U.S. automaker and the German supplier, has named Sue Slaughter as its chief operating officer. ...
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VW hires BMW exec Diess to lead core car brand
VW Group has appointed BMW development chief Herbert Diess to its management board. ...
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BMW names Krueger next CEO, Reithofer new chairman
BMW CEO Norbert Reithofer will step down in May, one year early, and hand over his post to productio ...
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Daimler seeks profitability at Smart with 2 minicar sizes
Daimler hopes to make its Smart small-car unit sustainably profitable by offering the same car in tw ...
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VW Passat tackles trailer troubles
Volkswagen has made a big effort to ensure its latest Passat remains Europe’s best-selling mid ...
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Audi boss calls A3 e-tron the 'perfect' EV
Audi CEO Rupert Stadler calls the A3 Sportback e-tron the “perfect electric vehicle for every ...
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Mercedes pushes S-class plug-in's zip
Mercedes-Benz's marketing plan for the new S-class plug-in hybrid aims to show prospective buyers th ...
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Lexus readies hybrid-only BMW X5, Mercedes M class rival
Lexus is counting on the NX hybrid to help it stand out against Europe's top-selling premium large c ...
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VW says Golf GTE plug-in hybrid offers the 'best of both worlds'
Volkswagen says its Golf GTE plug-in hybrid offers eco-friendly buyers the “best of both world ...
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Jeep pushes Renegade's off-road skills
Jeep says its Renegade is a true off-roader and is positioning the model at the higher end of the ho ...
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Mini 5-door may become best-seller
The Mini five-door variant targets customers who need more space. ...
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Nissan touts Pulsar's roominess
Nissan believes the sizeable rear-seat space of its new Pulsar compact hatchback will be the car's b ...
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Audi seeks to increase TT's market share
Audi expects its new TT to boost its market share even though demand for small sports cars is shrink ...
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ZF provides Maserati Quattroporte with leaner, smarter transmission
ZF supplies the new-generation Maserati Quattroporte's eight-speed automatic transmission, which is ...
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BWI Group gives Lamborghini Huracan added stability
BWI Group provides added stability to the new Lamborghini Huracan with its optional magneto-rheologi ...
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Magna, Haartz team up on Opel Cascada roof
Magna International and Haartz Corp. teamed up to supply the new Opel Cascada's folding softtop roof ...
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Marelli helps optimize Alfa 4C's transmission
Magneti Marelli supplies the Alfa Romeo 4C roadster with the technology that helps optimize the perf ...
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BorgWarner helps boost power in BMW 2 series
BorgWarner-sourced turbochargers for the new BMW 2 series help boost power by as much as 13 hp to 18 ...
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Jaguar F-Type relies on Stadco's aluminum skin
Stadco supplies the vast majority of the aluminum outer structure for the new Jaguar F-Type, includi ...
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Magna Powertrain helps Mercedes GLA stay on track
Magna Powertrain supplies the all-wheel-drive system for the new Mercedes-Benz GLA. ...
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