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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Aston Martin learns the scary meaning of 'China price'

David Sedgwick
12:01 am U.S. ET | Feb. 10 2014

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For any automaker or supplier doing business in China, Aston Martin's decision to recall 17,590 spor ...
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Bernhard may finally get Mercedes' top job

Paul McVeigh
12:01 am U.S. ET | Feb. 7 2014

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Daimler CEO Dieter Zetsche says the loss of long-serving executive Andreas Renschler offers new chances. ...
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Porsche Macan rises fast; VW Golf rules

Douglas A. Bolduc
12:01 am U.S. ET | Jan. 31 2014

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Porsche's Macan was a huge Web winner during the fourth quarter but the media champ of 2013 was the VW Golf, which was No. ...
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Is Chrysler American, Italian, Dutch or … ?

Nick Bunkley
12:01 am U.S. ET | Jan. 30 2014

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Yesterday was certainly a big day for the venerable Dutch auto industry. ...
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Will Renault and Nissan drift apart when Ghosn goes?

Bruce Gain
12:01 am U.S. ET | Jan. 29 2014

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The likelihood that Renault-Nissan will appoint a single executive to succeed Carlos Ghosn to run both automakers is remote. ...
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Asia boosts status as production powerhouse

Hans Greimel
12:01 am U.S. ET | Jan. 28 2014

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Where will the bulk of the world's cars be built this year? More than a third of the global total wi ...
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Alfa calls new architecture Giorgio

Luca Ciferri
7:57 am U.S. ET | Jan. 27 2014 UPDATED: Jan. 27 19:10 CET -- Corrects timing for new plan

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Alfa Romeo's new architecture will be code-named Giorgio, people working on the project told me. ...
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Self-driving shuttle shows way to autonomous cars

Vince Bond Jr.
12:01 am U.S. ET | Jan. 24 2014

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A French auto robotics company is taking development of autonomous vehicles in a new direction that ...
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Coming to ADAC's aid


8:43 am U.S. ET | Jan. 23 2014

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When most people in Germany think about the ADAC Yellow Angel they don't think about the powerful auto club's sullied car award, they think about the time a real-life Yellow.. ...
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Is PSA about to become a 'three-headed monster'?

Bruce Gain
12:01 am U.S. ET | Jan. 21 2014

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PSA's planned recapitalization that would see Dongfeng and the French government join the Peugeot family as equal shareholders may create more problems than it solves for the. ...
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Growth of 2% forecast for Europe car market
Europe's car market will probably expand 2 percent this year as demand recovers, ACEA said. ...
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European December car sales jump 13%, boosted by discounting
European new-car sales surged 13 percent in December, boosted by price cuts. Full-year sales fell by ...
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W. European 2013 sales beat forecast
Western Europe's 12 percent rise in new-car sales in December caused the region's overall 2013 volum ...
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Car-sales rise in southern Europe fails to halt regional decline in 2013
A rise in December new-car sales in France, Italy and Spain points to a pick-up in demand in souther ...
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Better Nov. car sales herald European growth in 2014, forecaster says
Western European car sales may improve by nearly 3 percent next year after November showed modest growth, LMC Automotive forecasts. ...
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European car sales rise as VW, Renault make Nov. gains
European new-car sales rose a third consecutive month in November, the longest period of gains in fo ...
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2013 Guide to Automotive Partnerships
Our comprehensive annual guide to global automotive partnerships offers a complete list of each auto ...
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Italy slump continues as November car sales fall 5%
New-car sales in Italy fell 5 percent in November continuing a slump in deliveries in Europe's fourt ...
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German car sales set to grow in 2014, VDA says
Car sales in Germany will recover next year even though November registrations showed a 2 percent de ...
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Spanish car sales rise 15% in November on subsidies
Spanish new-car sales jumped 15 percent in November from a year earlier as government subsidies continued to lift deliveries. ...
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Renault names former PSA exec Wertans as global sales boss
Renault named Nicolas Wertans, PSA's former international sales chief, as its new global sales boss. ...
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Vauxhall chief Aldred to head Buick-GMC
GM has appointed Vauxhall boss Duncan Aldred as U.S. vice president of sales at the Buick and GMC br ...
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Honda Europe promotes veteran exec Ross to sales chief
Honda Europe has promoted veteran executive Philip Ross to senior vice president for sales as the ca ...
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VW brings back Barnes as U.S. sales chief
Volkswagen of America has rehired former COO and sales chief Mark Barnes as vice president of sales as it plots the next step toward its goal of nearly doubling deliveries in. ...
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Kia Europe names former VW exec Martins as marketing chief
Kia's European marketing chief, Benny Oeyen, is being replaced by former Volkswagen executive Artur ...
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Former PSA executive is new CLEPA president
Former PSA executive Arnaud de David-Beauregard is the new president of European supplier group CLEPA. ...
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Nissan names VW exec Willcox as new Europe head
Nissan has appointed new regional bosses for Europe and the Africa-Middle East-India regions, tappin ...
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Audi's top designer Egger will move to Italdesign on Feb. 1
Audi confirmed that its chief designer, Wolfgang Egger, will move to Italdesign Giugiaro, where he w ...
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BMW promotes two European execs to key U.S. roles
BMW appointed two European executives to key roles in the United States as the company reshuffles it ...
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Nissan names veteran Griffiths as Europe managing director
Nissan veteran Danny Griffiths was named the automaker's new managing director for Europe tasked wit ...
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Ford tweaks India-built EcoSport for Europe
Ford has tweaked the EcoSport subcompact SUV for European markets as it hopes the model will help it ...
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Range Rover diesel-hybrid saves fuel on and off road
Land Rover says the Range Rover SDV6 Hybrid offers the performance of a model powered by a V-8 diese ...
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Peugeot says new 308 outshines VW Golf
With the new 308 hatchback, Peugeot thinks it has a worthy rival to the Volkswagen Golf, Europe's be ...
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S3 will be flagship sedan in Audi's compact range
Audi's range of A3 sedans gets a flagship with the arrival of the 300-hp S3 sporty variant, which de ...
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Hyundai aims higher with new i10
Hyundai has positioned the new i10 higher than the outgoing model by making it bigger, more attracti ...
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BMW has high hopes for i3
BMW is bullish on the market potential for the i3 EV, the first model from its i subbrand. ...
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SX4 S-Cross is crucial for Suzuki's European revival
Suzuki expects the SX4 S-Cross, the company's first compact crossover, to help the automaker turn ar ...
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Skoda Rapid Spaceback aimed at low-cost rivals
Skoda is challenging value brands such as Hyundai and Kia in Europe's key compact hatchback segment ...
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Alfa 4C delivers on promise to offer affordable supercar
Alfa Romeo's 4C coupe delivers on the brand's promise to offer a true supercar at a reasonable price ...
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BMW makes X5 more fuel efficient, less noisy
BMW says its latest X5 SUV is quieter and more comfortable than previous generations. ...
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Honeywell turbo reduces CO2 in new Renault Clio
Honeywell’s turbocharger in the new Renault Clio helps the car’s new 90-hp 1.5-liter dCi ...
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Magna contributes to new Mercedes CLA's aerodynamics
Magna International played key roles in the Mercedes-Benz CLA's interior and exterior. ...
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Delphi helps keep the new Range Rover safe
Delphi helps keep occupants safe in the new Range Rover with systems such as it electronically scann ...
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Faurecia, Plastic Omnium cut weight, emissions in new Citroen C4 Picasso
With help from Faurecia, the new C4 Picasso is the first Citroen model that meets Euro 6 emission st ...
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Honeywell, Hirschvogel help cut CO2 in new VW Golf
Suppliers such as Honeywell and Hirschvogel played key roles in helping Volkswagen reduce CO2 emissi ...
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ThyssenKrupp helps trim weight in new Skoda Octavia
ThyssenKrupp cut 20 percent from the weight of the crankshaft in the new Skoda Octavia’s revis ...
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