Headlines for Thursday, February 14, 2013

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GM is confident of Europe turnaround after losses doubled

General Motors reiterated that it expects to break even in Europe by mid-decade after reporting losses in the region that more than doubled. GM said the market will fall further in 2013. Read More »

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Fiat wins removal of false 500X image from Geneva show site

Geneva auto show organizers apologized to Fiat after a fake image of the automaker's upcoming 500X crossover was published on the show's Web site. The picture was taken off the site after Fiat complained that the image was not genuine. Read More »

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Tata Motors Q3 profit falls as Jaguar Land Rover cash boom shifts into reverse

Hit by falling margins and rising capital expenditure, roaring Jaguar Land Rover may be heading for a speed trap. Read More »

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Renault-Nissan, UniCredit create Russia finance venture

Renault-Nissan will create a joint venture with Italian bank UniCredit to sell loans to car buyers in Russia. The alliance will have a 60 percent stake in the venture, while UniCredit will hold 40 percent, the companies said in a joint statement. Read More »

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LUCA CIFERRI:

Why Daimler should have more faith in Italy

Daimler is one of the companies bracing itself against Italy's possible exit from the euro. The controversial move comes at a tense time for the country. Read More »

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Opel labor talks resume Friday with no end in sight

German labor leaders will return to the negotiating table with Opel for two days of talks starting Friday. Read More »

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Renault 2012 earnings beat estimates as debt is eliminated

Renault eliminated debt at its auto manufacturing unit last year for the first time since its tie-up with Nissan. The company said 2012 earnings before interest, taxes and one-time items were 729 million euros, beating analysts' estimates. Read More »

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Russian automakers mull luxury brand to rival BMW, Mercedes

Russian automakers are considering their government's desire for a domestic luxury brand to challenge the dominance of Western premium brands such as BMW, Mercedes-Benz and Audi, but they appear cool on the proposal. Read More »

Europe's January car sales offer little hope of recovery

LMC Automotive says it sees little hope of auto sales recovering in Europe this year after registrations in January plunged 9.5 percent. LMC predicted western Europe's full-year sales will drop 4.1 percent this year to 11.27 million, the sixth continual year of decline. Read More »

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Honeywell's hot streak

Douglas A. Bolduc
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Hollywood gives French brands a marketing boost

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

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PSA and Renault are taking a battering in their slumping French domestic market, but globally the au ...
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Renault to gain most from closer ties with Nissan

Bruce Gain
12:01 am U.S. ET | March 20 2014

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Renault stands to benefit the most from deeper ties with alliance partner Nissan, industry watchers believe. ...
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Ford of Europe CEO's new conversation with dealers

Douglas A. Bolduc
5:40 am U.S. ET | March 19 2014

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Ford of Europe CEO Stephen Odell is having a very different conversation with his car retailers. “Now dealers are asking us for cars,” he said. ...
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Ferrari bets big on Europe's rebound

Jennifer Clark
1:35 pm U.S. ET | March 14 2014

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Ferrari's decision to open a theme park in Spain rather than China or another growing market is a bi ...
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Fallout from Ukraine crisis weighs on VW

Gabe Nelson
12:01 am U.S. ET | March 14 2014

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The Ukraine crisis has led to a sharp depreciation of the ruble, making imported cars more expensive for Russians. That is bad news for VW. ...
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VW, Toyota poised to make history


9:47 am U.S. ET | March 13 2014

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No automaker has sold 10 million vehicles in a single year but it's very likely that both Toyota and VW will surpass that milestone in 2014. ...
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Porsche is Volkswagen's profit champion

Paul McVeigh
12:01 am U.S. ET | March 13 2014

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The true worth of the Porsche sports car brand to Volkswagen Group became apparent when VW released its 2013 financial results. ...
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Hackenberg's next Audi R8 could rock the EV world

Douglas A. Bolduc
7:27 am U.S. ET | March 11 2014

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Audi technology boss Ulrich Hackenberg believes the R8 E-tron supercar's 450km range could change th ...
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Audi TT scores double Web win at Geneva show

Douglas A. Bolduc
4:34 am U.S. ET | March 10 2014

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The new Audi TT scored a double victory at the Geneva auto show, finishing No. 1 in both online news ...
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European car sales rise 8% in February as region's economy revives
European car sales rose by nearly 8 percent percent in February, the sixth consecutive monthly gain, ...
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Automakers, suppliers extend strong gains in Q4
After particularly strong Q3 gains, automakers, suppliers and retailers saw further improvements in ...
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German sales recovery will lift European car market in 2014
A strong increase in January car sales in Germany bodes well for western Europe as a whole for 2014, according to market analyst LMC Automotive. ...
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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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Infiniti names new product strategy head
Infiniti named industry veteran Francois Bancon as its product strategy head. Bancon now leads advan ...
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Infiniti names new product strategy head
Infiniti has named industry veteran Francois Bancon as its product strategy head. Currently Bancon l ...
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Tesla hires Renault-Nissan chief spokesman Sproule in global push
Tesla is hiring a veteran of Carlos Ghosn's Renault-Nissan alliance to manage its marketing and mess ...
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Porsche extends CEO Mueller's contract by five years
Porsche CEO Matthias Mueller, who has led the sports car brand to record sales and defended the marq ...
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Back to Britain for ex-Volkswagen exec Browning
Jonathan Browning, who departed as CEO of Volkswagen's U.S. ...
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Honda names veteran exec Mikoshiba to head Europe operations
Honda named veteran executive Toshiaki Mikoshiba to head operations in Europe as the carmaker seeks ...
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Renschler hired by VW to push truck alliance
VW Group appointed former Daimler executive Andreas Renschler to its management board to deepen coop ...
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Daimler names former VW, BMW CEO Pischetsrieder to supervisory board
Daimler nominated former Volkswagen CEO Bernd Pischetsrieder to the company's supervisory board. ...
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Audi names VW executive as production chief
Audi named Volkswagen executive Hubert Waltl as its production chief. Waltl succeeds Frank Dreves wh ...
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New Vauxhall chief is former Mitsubishi Europe boss Tozer
Vauxhall brand has named former Mitsubishi Europe boss Tim Tozer as its new chief. Tozer succeeds Du ...
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Nissan moves Qashqai upmarket
Nissan is so confident about the new Qashqai that its production capacity is three times that of the ...
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Bigger Mini keeps its charm
The third-generation Mini looks very much like its predecessor but beneath the longer body shell a l ...
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Mercedes touts GLA's sporty looks
Mercedes expects a 70 percent conquest rate for the GLA, the brand's smallest and cheapest SUV. ...
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Seat goes large with Leon ST
Seat is hoping to win new customers to its compact Leon range with the arrival of the Sports Tourer, ...
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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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ZF 8-speed cuts fuel use in new BMW 4 series
ZF supplies the new BMW 4 series with its optional eight-speed automatic transmission. ...
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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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