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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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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BMW's manufacturing arm also produces future leaders

Luca Ciferri
6:44 am U.S. ET | Dec. 9 2014

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BMW's manufacturing arm not only builds great cars -- it also produces the company's future leaders, as the appointment of Harald Krueger to succeed CEO Norbert Reithofer... ...
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VW's Diess takes pole position to replace Winterkorn

Christiaan Hetzner
6:30 am U.S. ET | Dec. 9 2014

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VW's announcement that it poached BMW development chief Herbert Diess to run its flagship VW brand puts the 56-year-old manager in pole position to succeed Martin Winterkorn.. ...
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Prepare to embrace McLaren's anticipate-and-act tactics

Lindsay Chappell
12:01 am U.S. ET | Dec. 8 2014

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People in the car business are so used to being lectured on how they are doing things wrong -- social media, customer service, what have you -- that it's notable whenever an.. ...
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France is hurting its domestic automakers with diesel policy shift


5:55 am U.S. ET | Dec. 5 2014

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For environmental and public health reasons France is ending a government policy that has long promoted the purchase of diesel cars, but the move will hurt domestic... ...
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FAW bribe scandal should be wake-up call for Beijing

Yang Jian
12:01 am U.S. ET | Nov. 28 2014

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Allegations of rampant bribery at FAW-VW should provide an urgent wake-up call to Beijing to abandon the country's JV rule for foreign automakers. ...
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Why Audi over-engineered its fuel cell

Luca Ciferri
12:01 am U.S. ET | Nov. 28 2014

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Audi r&d boss Ulrich Hackenberg provided a concise answer when asked why the carmaker's fuel cell al ...
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How to get the U.S. into diesels

Douglas A. Bolduc
8:07 am U.S. ET | Nov. 28 2014

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European automakers and suppliers have been trying for years to get U.S. drivers excited about diesels. Experience has proved that a test drive can be a deal-maker. ...
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Michelin gains from homegrown distrust in China

Nick Gibbs
6:22 am U.S. ET | Nov. 26 2014

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European sales of cheap Chinese tires are growing fast, but in China suppliers such as Michelin are winning customers who don't trust homegrown tire makers. ...
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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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Western European car sales rise 6% in September
Western European car sales rose 6 percent in September, according to forecaster LMC Automotive. ...
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Germany joins France, Italy in reporting car-sales rebound in September
Germany joined France and Italy in reporting a rebound in new-car registrations last month after poo ...
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Auto sector faltered in Q2
European automakers, suppliers and retailers experienced mixed fortunes in the second quarter of 2014, as measured by the Automotive News Europe/PricewaterhouseCoopers. ...
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Western European car sales extend mixed recovery
Western European car sales rose 1 percent in August, the 12th consecutive monthly gain, as faltering ...
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German, French and Italian car sales fall in August
New-car sales in Germany, France and Italy all fell slightly in August, a seasonally weak vacation m ...
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Spanish car sales rise 14% in August
Spain's new-car sales rose 14 percent to 45,355 in August, the twelfth straight month of increases, ...
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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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VW names veteran exec Schmall as components chief
VW named Thomas Schmall as the new core brand board member responsible for components – a key ...
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Daimler appoints journalist to ethics board
Daimler has appointed the former editor-in-chief of the German news agency dpa, Wilm Herlyn, as a me ...
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Opel names new engineering chief
Opel named Charlie Klein as its new engineering chief, promoting the executive from his current post ...
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GM shuffles top execs for quality, purchasing, powertrain
GM said Grace Lieblein will replace Alicia Boler-Davis as head of global quality as the company caps a year of record recalls. ...
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PSA moves Xavier Peugeot to Citroen, names new Peugeot product chief
PSA/Peugeot-Citroen named Xavier Peugeot as product planning chief of Citroen. ...
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Faurecia promotes seating chief Koller to No. 2 role
Faurecia promoted its automotive seating boss, Patrick Koller, to the role of chief operating office ...
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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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BMW's taboo-breaker, the 2-series Active Tourer
BMW's 2-series Active Tourer breaks new ground for the automaker as the brand's first minivan and fi ...
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Renault's radical new Twingo could become segment leader
Renault's new Twingo is radically different than the two previous generations of the minicar with a ...
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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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