Headlines for Tuesday, March 19, 2013

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John Broderick, auto consultant and former Ford, Subaru employee, dies

John Broderick, an automotive consultant who had worked for Ford Motor Co. and Subaru of America, died Feb. 15. He was 66. Read More »

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PSA reaches deal with majority of French workers on restructuring

PSA has struck a deal with five French unions, representing 76 percent of its workforce, over severance packages that the automaker will offer employees as it seeks to reduce its headcount in the country by 17 percent. Read More »

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NEW PRODUCT:

BMW X4 to lure new buyers to brand, sales boss says

BMW's new X4 model will bring a new type of customer to the brand, sales chief Ian Robertson said. The X4 will launch next year as a sportier version of the X3 SUV with a lower roofline and coupe styling. It follows BMW's launch of the coupe-styled X6 as a sportier alternative to the X5. Read More »

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Ford to pay $750 million severance to workers at Belgium plant

Hourly workers at Ford's plant in Genk, Belgium, will get $750 million in severance as part of a deal that allows the automaker to close that factory by the end of 2014. Ford and the 4,000 hourly workers at the plant reached a deal last week that allows the U.S. Read More »

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First Shift: Nissan taxi picks up critics

Wheelchair-access plan may remove at least one NY political obstacle, Honda's agency shuffle, Sonic delay, Europe sales fall. Read More »

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NEW PRODUCT:

Bentley may build its new SUV in Slovakia

Bentley may build a planned SUV in Volkswagen's factory in Slovakia. The brand's CEO Wolfgang Schreiber said VW could give a green light for production in the next few weeks and it may opt to build the SUV outside the UK. Read More »

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GM's liquidating trust settlement talks fail

The trust liquidating General Motors' old assets in bankruptcy said settlement talks with a group of note holders failed, in a lawsuit over how hedge funds made claims in the company's 2009 bankruptcy. Read More »

EUROPEAN SALES:

Ford, GM and Fiat worst hit by 10% drop in European car sales in February

Ford, General Motors and Fiat were the automakers worst hit as European passenger car registrations fell 10 percent last month to their lowest February level for 23 years. The region's deepening recession continued to deter customers from buying cars despite steep discounting. Read More »

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COMPANY EARNINGS:

Fiat says profit to fall as Jeep shortage adds to Europe woes

Fiat warned first-quarter earnings will fall as U.S. delivery snags at Chrysler Group's Jeep brand compound the effects of Europe's sales slump. Read More »

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Fiat says profit to fall as Jeep launch compounds Europe woes

Fiat SpA warned first-quarter earnings will fall as U.S. delivery snags at Chrysler Group's Jeep brand compound the effects of Europe's sales slump. Read More »

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NEW PRODUCT:

Suzuki expects a big sales boost from larger SX4

Suzuki expects a sales boost for its SX4 crossover after moving the car into a larger segment. The SX4 will compete against models such as the Nissan Qashqai. Read More »

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Ford to pay $750 million severance to workers at Belgium plant

Hourly workers at Ford's plant in Genk, Belgium, will get $750 million in severance as part of a deal that allows the automaker to close that factory by the end of 2014. Ford and the 4,000 hourly workers at the plant reached a deal last week that allows the U.S. Read More »

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Detroit Electric to start EV output in Michigan this summer

Detroit Electric, the Detroit electric vehicle startup led by former Lotus executive Albert Lam, said today it plans to start building a two-seat electric sports car this summer in Michigan. Read More »

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AutoNews Now: Should EVs speak up?

Automakers say too much sound could hurt sales of electrified cars; Fisker losing suitors?; insider's view of Jeep Cherokee. Read More »

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2014 NEW YORK AUTO SHOW:

Chrysler video teases '14 Jeep Cherokee

Chrysler Group has released a short video showing the upcoming 2014 Jeep Cherokee Trailhawk traversing obstacles off-road in Texas before its official launch next week at the New York auto show. Read More »

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BMW, for now, to rely on S.C. plant to build new X4

Despite tight capacity to build its expanding crossover lineup, BMW AG says its Spartanburg, S.C., plant will be the sole global source for the X4 crossover coming next year. Read More »

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U.S. upgrades probe of fuel leaks in 250,000 Mercedes E-Class models

U.S. safety officials have upgraded an investigation into an estimated 250,000 Mercedes-Benz E-Class sedans for a possible leak from the fuel tank. Read More »

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Funding rift prompted resignation of Fisker founder, report says

The abrupt resignation of Fisker Automotive's founder Henrik Fisker was prompted by disagreements with the company's chief executive over funding and operational strategy, two people familiar with the matter said. Read More »

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BMW sees 2013 pretax profits flat on new-model rollout, Europe woes

BMW AG says 2013 pretax profits will remain flat as European auto sales drop and BMW spends money to bring out 25 new models in the next two years. Read More »

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COMPANY EARNINGS:

McLaren Automotive will post 2012 loss but is positive on future earnings

McLaren Automotive will be profitable next year after posting a loss for the year ending March 31, Managing Director Mike Flewitt said. Read More »

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COMPANY EARNINGS:

BMW forecasts flat 2013 profit on Europe decline

BMW forecast unchanged 2013 pretax profit as European auto sales drop and the automaker increases spending to bring out 25 new models in the next two years. Pretax profit climbed 6 percent to 7.82 billion euros ($10.1 billion) in 2012. Read More »

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ELECTRIC CARS:

BMW details driving range of i3 EV

BMW says its i3 EV, which will begin sales in Europe, the United States and China this year, can cover up to 220 kilometers (136 miles) on a single battery charge, which can be extended up to 350 kilometers using an optional range extender. Read More »

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GABE NELSON:

Why no Disneyland of cars in Detroit?

When Volkswagen executives designed the Autostadt, a combination of museum, theme park and car dealership down the road from VW's corporate headquarters, they were not following an old German formula. They were imitating America. Read More »

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Volvo wins approval to produce in China, report says

Volvo Cars, the Swedish carmaker owned by Zhejiang Geely Holding Group Co., won the approval of China's main industry planner to begin making vehicles in the country, three people familiar with the matter said. Read More »

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Ford, GM and Fiat hit hard as European auto sales fall 10% in Feb.

Ford, GM and Fiat were the automakers worst hit as European passenger car registrations fell 10 percent in February. The region's deepening recession continued to deter customers from buying cars despite steep discounting. Read More »

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Volvo said to win China approval to begin local car production

Volvo is said to have won the approval of China's main industry planner to begin making vehicles in the country. The automaker, which is owned by China's Geely, has set itself the target of boosting local sales to 200,000 by 2020 from 41,989 last year. Read More »

 
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Walter de Silva: Italy's loss, VW's gain

Luca Ciferri
6:37 am U.S. ET | June 13 2014

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Walter de Silva had to leave Italy to become a legend in the vehicle design world. It's a common sto ...
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Ford of Europe's quiet designer made a big impact

Bradford Wernle
12:01 am U.S. ET | June 6 2014

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Martin Smith, Ford's longtime design director for Europe, is not a man of many words. ...
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Toyota Europe boss shares secrets to his success

Douglas A. Bolduc
1:22 am U.S. ET | June 4 2014

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Toyota Europe CEO Didier Leroy says that to become a true leader you should not worry about making your boss happy. ...
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Zetsche sees speedy uptake of F1 tech in Mercedes cars

Luca Ciferri
12:01 am U.S. ET | May 30 2014

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Dieter Zetsche foresees Mercedes models benefiting quicker than ever from the automaker's participat ...
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How PSA's DS division aims to sell French chic worldwide

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

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PSA's Paris dealership dedicated to the upscale DS brand is much like a high-end French restaurant: ...
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Mini boss experiences love at first sight

Luca Ciferri
5:43 am U.S. ET | May 26 2014

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Mini boss Peter Schwarzenbauer's passion for the Superleggera Vision concept is deep. One look at the car and you'll understand why. ...
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Zetsche on EU: Relish the peace


12:01 am U.S. ET | May 23 2014

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Daimler CEO Dieter Zetsche says it is important not to lose sight of the many benefits of a united Europe. One he never takes for granted is peace. ...
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Google self-driving cars master delicate dance of city driving

Gabe Nelson
1:19 pm U.S. ET | May 14 2014

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Sitting in one of Google's self-driving vehicles feels like it does with a person in control. The te ...
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Marchionne lets the secrets flow

Jason Stein
12:01 am U.S. ET | May 13 2014

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Sergio Marchionne last week showed us how to open up a little more and how to let our secrets flow. ...
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Citroen's incoming CEO worked wonders in the UK

Nick Gibbs
12:01 am U.S. ET | May 9 2014

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Incoming Citroen CEO Linda Jackson has proved herself in the UK by reducing image-harming discounts and boosting morale. ...
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UK car sales rise to 10-year monthly record in May
UK car sales rose nearly 8 percent in May to hit a 10-year record for the month, but future demand i ...
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European car sales lackluster in May
New-car registrations across Europe were generally lackluster in May after a rebound in the first fe ...
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European sales rise 4% in April
New-car registrations in Europe rose 4 percent in April with mass-market automakers Renault, Ford, O ...
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Russian car sales fall 8% in April on weak ruble
Russian car sales fell 8 percent in April as the weak ruble hit consumer demand. ...
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W. Europe car sales headed for 4% growth after strong April
Western European car sales may rise 4 percent to 12.04 million this year as the region's auto market continues its recovery. ...
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German car sales fall for first time in five months
Sales of new cars in Germany fell by nearly 4 percent in April, bucking the trend in the other major ...
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European car sales rise 10% in March
European car sales jumped 10 percent in March, the seventh consecutive monthly gain, as new models t ...
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European car sales recovery gains pace as German deliveries rise 5%
Germany joined France, Italy and Spain in posting higher new-car sales in March, adding to signs tha ...
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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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Ford names Mustang styling chief new Europe design boss
Ford has named Joel Piaskowski, who helped create the automaker's new Mustang, to head its design team in Europe. He will succeed Martin Smith on July 1. ...
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Rolls-Royce picks former Infiniti, Audi exec to lead sales
Rolls-Royce has named former Infiniti and Audi executive Fintan Knight as its new director of sales ...
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Ex-Renault marketing boss Norman joins PSA
PSA CEO Carlos Tavares has chosen former Renault colleague Stephen Norman as senior vice president o ...
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Rolls-Royce recruits former Chery executive
Rolls-Royce named Brett Soso, a former executive at China carmaker Chery, as regional director for t ...
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PSA names new chiefs for Citroen and DS brands
Citroen's UK chief, Linda Jackson, will replace Frederic Banzet as the brand's CEO while strategy di ...
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New Lotus CEO is industry veteran Gales
Industry veteran Jean-Marc Gales is the new CEO of Lotus. ...
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Daimler names Brecht as company's top workforce representative
Daimler's supervisory board has chosen Michael Brecht as its deputy chairman replacing Erich Klemm, ...
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CLEPA CEO Gales steps down
Industry veteran Jean-Marc Gales has stepped down as CEO of the European supplier group CLEPA. ...
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VW picks former Audi r&d boss to run Bentley, Bugatti brands
Volkswagen said Audi's former development chief, Wolfgang Duerheimer, will head its Bentley and Buga ...
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Ford moves Europe exec Cortesi to global corporate communications role
Ford of Europe executive Elena Cortesi has been given a global role as the automaker's corporate communications manager. ...
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Peugeot's crossover fighter
Peugeot has high hopes for the new 308 SW despite many customers deserting compact station wagons fo ...
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Porsche adds second SUV
Porsche hopes its Macan compact SUV will be able to repeat the success of its Cayenne, which account ...
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Mercedes C class gets French power
Mercedes is offering a more fuel-efficient powertrain lineup in its new lighter, bigger C class, inc ...
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Kia enhances Soul's SUV traits
Rising demand for subcompact-sized SUV-styled models has driven Kia to put more emphasis on the late ...
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BMW woos U.S. buyers with 2 series
BMW is aiming the 2-series coupe at drivers looking for performance and driving dynamics in a compac ...
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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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Brose, Behr, Conti keep Skoda Octavia's cabin cozy
Several suppliers contributed to the Octavia's HVAC system. ...
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TrelleborgVibracoustic helps cut CO2 in Porsche Macan
TrelleborgVibracoustic supplies the Porsche Macan's optional air springs that allow the crossover to ...
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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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