Headlines for Friday, March 1, 2013
Use the form on the right to select a specific day >>
PSA in talks with Russia's ZIL on vehicle making pact
PSA confirmed it is talking with Russian vehicle manufacturer AMO ZIL about the possibility of cooperating as the French company plans to boost sales in the country. Read More »
Automakers push into new niches
This year's Geneva auto show highlights how automakers are increasingly pushing into new market niches as they seek to maximize showroom sales and profits. Ultraluxury niche models will debut alongside limited-edition supercars by Ferrari and McLaren. Read More »
Video: Behind the Europeans' success in the U.S.
European automakers are marking record achievements in the United States. Jesse Snyder, a former editor for Automotive News Europe, explores why in this segment from Automotive News TV's First Shift newscast on Feb. 26. Read More »
China's newest brand is one to watch
European automakers reeling from the region's car sales slump have another reason to worry as ambitious Chinese brand Qoros will unveil three models at the Geneva show March 5. Read More »
Alfa 4C, Act II
Getting a close look at the Alfa Romeo 4C when it debuts in Geneva will be a challenge if there is a repeat of what happened two years ago at the same show. Read More »
Don't mess with Ferrari
Give credit to the organizers of the Geneva auto show, they know better than to mess with Ferrari. Read More »
Spain car sales fell 10% in February
Spanish car sales fell 10 percent year-on-year in February, mirroring January's decline, car manufacturers' association Anfac said on Friday. Read More »
ThyssenKrupp offices raided in German auto steel suppliers probe
ThyssenKrupp AG, Germany's biggest steelmaker, said an antitrust watchdog in the country raided its offices in the western city of Duisburg. Read More »
Europe's turnaround to take longer than U.S. rebound, Visteon CEO says
The auto industry's turnaround efforts will take longer to gain traction in Europe than in the United States, where some companies were able to see the positive results from their plans within a year, Visteon CEO Tim Leuliette said. Read More »
GM-Opel labor deal faces opposition from Bochum union chief
GM may still struggle to push through a labor deal announced yesterday after the works council leader at a German Opel factory slated to end production in 2016 said he doesn't support the plan. Read More »
Volvo promotes China manufacturing head Danielson to regional chief
Volvo has promoted China manufacturing boss Lars Danielson to its top job in the key market, where the automaker plans a major sales push this decade. Read More »
Marchionne sees clarity on Chrysler ownership in Q3
Sergio Marchionne, the CEO seeking to combine Chrysler and Fiat, predicted that Chrysler's future ownership structure won't be clear until the third quarter. He said his "best estimate" is that Fiat has a 50-50 chance of avoiding a Chrysler IPO and creating "one organization." Read More »
Ford hurt most by French car sales decline
Ford was hurt most by a steep decline in French car registrations in February as a weak economy continued to weigh on demand for new vehicles. Read More »
ANE monthly e-magazine goes live Monday
The new issue of the Automotive News Europe monthly e-magazine goes live on Monday, March 4. Our cover story examines Sergio Marchionne's multi-billion-euro bet that he can turn Alfa Romeo and Maserati into global sales powerhouses. Read More »
