Headlines for Monday, February 25, 2013

Quick search (past 7 days):
- or -
Choose a date:


Use the form on the right to select a specific day >>

image

Ex-Porsche designer aims to give Chery a styling boost

Chery Automobile is counting on ex-Porsche designer Hakan Saracoglu to improve the Chinese carmaker's styling. Saracoglu, who has also worked at Ford of Europe, is leading a team of 30 at Chery's Shanghai-based design center to come up with new concepts for models from sedans to SUVs. Read More »

image

Ford unveils EcoSport SUV for Europe

Ford today unveiled the European version of its EcoSport subcompact SUV, a model the automaker hopes will help counter the company's falling sales in the region. The EcoSport will go on sale in Europe at the end of the year. Read More »

image

GM denies reports of proposed hike in CEO Akerson's 2013 pay

GM today strongly denied several media reports that it has requested an increase in CEO Dan Akerson's 2013 compensation. Akerson's pay last year of $11. Read More »

image

GM hires VW's Mahoney to steer Chevy global marketing

GM named Volkswagen of America executive Tim Mahoney to the newly created post of global chief marketing officer for Chevrolet. Mahoney also will carry the title of global GM marketing operations leader. Read More »

image
2013 GENEVA AUTO SHOW:

Bertone stretches the Aston Martin Rapide

Italian design house Bertone will unveil a one-off wagon-like version of the Aston Martin Rapide sports car at the Geneva auto show on March 5. Read More »

image

Volkswagen's start to year is worse than in 2012, Poetsch says

Volkswagen CFO Hans Dieter Poetsch predicted the first quarter would be worse than a year earlier, adding to a forecast last week that VW's 2013 operating profit probably wouldn't increase as Europe's auto market shrinks. Read More »

image

China's wealth fund is unlikely to become key Daimler shareholder, Uebber says

Daimler does not expect China's sovereign wealth fund to take a 10 percent stake in the automaker, thereby giving the automaker another anchor shareholder besides Kuwait. Chief Financial Officer Bodo Uebber told a German newspaper today that Chinese investment in the company is unlikely. Read More »

image

Daimler cuts Zetsche's pay as management bonuses are reduced

Daimler has cut CEO Dieter Zetsche's total pay by 5.8 percent to 8.15 million euros for 2012 as managers' bonuses were reduced following the scrapping of profit targets. Read More »

image

VW board cuts Winterkorn's 2012 pay

The VW supervisory board has taken steps to limit bonuses for CEO Martin Winterkorn and other top executives. Read More »

image

GM expects Opel labor deal soon

GM believes it can strike a deal in the next few days with German labor unions over a restructuring of its money-losing European unit Opel, GM Vice Chairman Steve Girsky said on Monday. Read More »

image

Nissan to sell Datsun cars in South Africa from next year

Nissan will start selling its Datsun brand in South Africa next year, the automaker said on Monday, as it aims to grab more first-time buyers in emerging markets with entry-level cars. Read More »

image

Amid insults, Mercedes and BMW both claim U.S. luxury crown

Mercedes-Benz and BMW have been trading insults since BMW sprinted ahead of Mercedes in December to snatch the 2012 luxury-sales crown in the U.S. The late burst by BMW ratcheted up as Mercedes laid claim to being the true winner based on newly released vehicle registration data. Read More »

 
Most Read
Carlos and Dieter show goes from strength to strength

Christiaan Hetzner
5:34 am U.S. ET | Oct. 6 2014

image
Dieter Zetsche and Carlos Ghosn dispelled speculation that the industrial partnership between Daimler and the Renault-Nissan alliance could crumble once they are not around... ...
 Read More ›

Tavares brings PSA back in the race

Bruce Gain
5:56 am U.S. ET | Oct. 3 2014

image
PSA CEO Carlos Tavares is already achieving positive results with his turnaround plan at the money-l ...
 Read More ›

From boosting Renault to designing boats

Richard Johnson
4:02 am U.S. ET | Oct. 3 2014

image
One reason why Renault shocked the auto world in 1998 by acquiring Nissan was the emergence of a del ...
 Read More ›

XC90 boosts Volvo CEO's belief in e-commerce

Douglas A. Bolduc
6:41 am U.S. ET | Oct. 2 2014

image
Volvo CEO Hakan Samuelsson's belief in e-commerce got a huge boost because of the XC90. ...
 Read More ›

Making a splashy entrance in Paris

Diana T. Kurylko
12:01 am U.S. ET | Oct. 2 2014

image
Land Rover pulled the wraps off its new compact Discovery Sport at a pre-show event for journalists, ...
 Read More ›

Ghosn's take on being on the front lines in battle for auto talent

Richard Johnson
5:53 pm U.S. ET | Oct. 1 2014

image
How does Carlos Ghosn feel about the high-level executives who have left Renault-Nissan of late? He takes it all in Ghosn-like stride, which is to say: analytically, not... ...
 Read More ›

For fuel efficiency, the time has come for plug-in hybrids

Paul McVeigh
9:52 am U.S. ET | Sept. 30 2014

image
Plug-in hybrids are about to become a lot more common on Europe's roads as the region's mass-market ...
 Read More ›

Renault Eolab's funny numbers

Luca Ciferri
5:37 am U.S. ET | Sept. 30 2014

image
I was stunned to discover the weight figures for the Renault Eolab plug-in hybrid concept that debuts at this week's Paris auto show. ...
 Read More ›

Tavares, Palmer, Gales ready to shine in new CEO roles

Douglas A. Bolduc
2:00 am U.S. ET | Sept. 30 2014

image
A year ago Carlos Tavares was unemployed, Andy Palmer was Nissan's planning chief and Jean-Marc Gales was leading supplier group CLEPA. ...
 Read More ›

Why climate change could stall growth in emerging markets

Hans Greimel
12:01 am U.S. ET | Sept. 26 2014

image
Auto executives have long salivated over the huge future sales possible in emerging markets. ...
 Read More ›

image
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 ...
 Read More ›
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. ...
 Read More ›
image
Western European car sales extend mixed recovery
Western European car sales rose 1 percent in August, the 12th consecutive monthly gain, as faltering ...
 Read More ›
image
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 ...
 Read More ›
image
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, ...
 Read More ›
image
French car sales drop 3% on weak August demand
French car sales fell 3 percent last month, led by an 11 percent drop at Renault. ...
 Read More ›
image
Recovery on track as western Europe car sales rise 5%
Car sales in western Europe grew by 5 percent in July to a little more than 1 million vehicles, brin ...
 Read More ›
Strong UK car sales in July part of improving European trend
New-car sales in the UK rose by 7 percent in July, as the country's credit-backed growth continued. The increase follows volume growth last month in Germany, Italy and Spain. ...
 Read More ›
image
German car sales bounce back in July
New-car sales in Germany bounced back in July, suggesting further improvement in second-half demand ...
 Read More ›
image
European car sales rise 4%, boosted by incentives
European car sales rose 4 percent in June as an economic recovery in southern Europe, new product la ...
 Read More ›
image
Aston Martin recruits Tesla spokesman Sproule as chief marketing officer
Aston Martin has recruited Simon Sproule, Tesla's communications head, to serve as chief marketing o ...
 Read More ›
image
VW picks Kantner to lead India sales
VW Group has named Manfred Kantner the new head of passenger car sales for India and the Far East at ...
 Read More ›
image
BMW names former Audi exec to lead high-performance M unit
BMW has appointed Franciscus "Frank" van Meel as head of its M in-house performance unit. Van Meel r ...
 Read More ›
VW-SAIC joint venture names industry veteran as president
Shanghai Volkswagen Automotive, a joint venture between VW and SAIC Motor, hired veteran executive Chen Zhangxian as its new president. ...
 Read More ›
image
Mazda names new sales chief for Europe
Mazda veteran Martijn ten Brink is the automaker's new head of sales in Europe. ...
 Read More ›
image
Lotus hires former Kia Europe exec Lievens
Lotus has hired Jean-Charles Lievens, Kia's former European markets expert, to develop the automaker ...
 Read More ›
image
Former BMW designer Rice is Mazda Europe's new design boss
Mazda has promoted Kevin Rice, who rejoined the automaker from BMW last year, to lead its European d ...
 Read More ›
image
Europe's slump creates new opportunities at the top
Europe's car sales slump took its toll on the executive ranks at automakers active in the region. ...
 Read More ›
Bentley names VW China exec as CFO
Bentley has appointed Joerg Mull, executive vice president of finance at Volkswagen Group in China, as its new finance chief. ...
 Read More ›
image
Bentley names VW veteran as human resources chief
Bentley named VW Group executive Marlies Rogait as its new head of human resources. ...
 Read More ›
image
Citroen touts 'cheerful' C1
Citroen is touting the C1's "cheerful" front-end design, open-top variant and a modern infotainment ...
 Read More ›
image
Mercedes has high hopes for S-class coupe
Mercedes expects a new name, fresh design and innovative technology will help double sales of the S- ...
 Read More ›
image
Citroen's clever C4 Cactus
Citroen has found clever ways to make its new C4 Cactus an unconventional and affordable alternative ...
 Read More ›
image
Toyota Aygo gets 'fun' makeover
Toyota is aiming its new Aygo minicar at younger buyers who don't take themselves too seriously, par ...
 Read More ›
image
Nissan X-Trail gets sporty
Nissan's new X-Trail, which is now available with front-wheel-drive and seven-seat models, has a dis ...
 Read More ›
image
The 'better Golf'
Volkswagen says the Golf Sportsvan combines the agility of the classic Golf hatchback with the roomi ...
 Read More ›
image
Honda rolls out the Civic wagon
Honda hopes that sleek styling and a smart interior will help its new Civic Tourer station wagon boo ...
 Read More ›
image
Ferrari California T is brand's fuel-sipper
Ferrari expects its California T, the brand's only model with a turbocharged engine, to attract cust ...
 Read More ›
image
BMW X4 fills tall order
BMW has taken steps to ensure that tall people will still feel comfortable inside the new X4 by lowe ...
 Read More ›
image
Nissan wants e-NV200 to win sales from diesels
Nissan wants fleet managers in Europe to turn away from diesel-powered delivery vans in favor of its ...
 Read More ›
image
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 ...
 Read More ›
image
Magna Powertrain helps Mercedes GLA stay on track
Magna Powertrain supplies the all-wheel-drive system for the new Mercedes-Benz GLA. ...
 Read More ›
image
Osram provides BMW i8's laser lights
Osram provides the headlamps for the optional laser high beams on the BMW i8 plug-in hybrid supercar ...
 Read More ›
image
Delphi helps reduce CO2, noise in new Peugeot 308
Delphi supplies the injectors to the new Peugeot 308's gasoline direct-injection engine, which produ ...
 Read More ›
image
Roechling, Plastic Omnium help cut CO2 in new Nissan Qashqai
Roechling Automotive and Plastic Omnium help reduce the drag coefficient in the new Nissan Qashqai t ...
 Read More ›
Rocket Fuel