Headlines for Tuesday, April 9, 2013

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GM workers in Spain accept wage freeze to boost competitiveness

April 9, 2013 18:34 CET
General Motors workers at the company's Opel plant in Spain accepted a two-year salary freeze as part of a labor deal aimed at boosting competitiveness against other European factories.

GM cuts Korean production on weak Chevrolet sales in Europe

April 9, 2013 10:21 CET
General Motors is increasing production cuts at one of its Korean plants because of slow Chevrolet sales in Europe. GM's Korean unit produces most of the Chevrolets sold in Europe and more than 40 percent of those sold globally.

SUPPLIERS

Continental unit eyes overseas purchases to boost sales

April 9, 2013 16:16 CET
Continental's rubber and plastics division, Contitech, is targeting further acquisitions in overseas markets to boost sales. Contitech aims to expand operations through organic growth, but also through targeted purchases, division chief Heinz-Gerhard Wente said.

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

How Alfa Romeo plans to triple sales in 3 years

April 9, 2013 06:01 CET
Skeptics think Fiat CEO Sergio Marchionne's aim to triple Alfa Romeo's global sales to more than 300,000 units by 2016 is too ambitious. But Alfa's European boss, Louis-Carl Vignon, is convinced Alfa has enough fresh products to meet -- and possibly exceed -- Marchionne's target.

AUTOMAKERS

Fiat says it may need capital hike after Chrysler buyout

April 9, 2013 15:34 CET
Fiat's loss-making European operations will be further weakened by the region's drawn-out auto slump, CEO Sergio Marchionne warned, adding that the carmaker may need to raise capital after it completes a planned buyout of Chrysler.

Thatcher saved UK auto industry with bailout, academic says

April 9, 2013 15:17 CET
The UK has a healthy automotive industry because Margaret Thatcher bailed out British Leyland, once the country's biggest car company, and allowed Japanese automakers to establish their first European factories in the country, a leading academic said.

SALES

Volkswagen brand vehicle sales fall in March

April 9, 2013 13:19 CET
Volkswagen said sales of its main namesake brand slipped 0.8 percent in March on declining demand in western Europe and Latin America.

NEW PRODUCT

Ghibli will be Maserati's first diesel-powered car

April 9, 2013 12:44 CET
Maserati released images of the Ghibli four-door sedan ahead of the car's debut at the Shanghai auto show. The Ghibli will be the first Maserati production car to offer a diesel variant.

NUTS & BOLTS

Danny Glover's new role: Nissan's celebrity nemesis

April 9, 2013 06:01 CET
When Hollywood star Danny Glover recently wrapped up shooting his latest movie in Charlotte, North Carolina, he hopped on a plane and flew to Mississippi to be a nuisance to Nissan Motor Co. Glover has decided to devote his spare time to organizing Nissan's U.S.

SALES

BMW widens luxury-car lead over Audi as Mercedes gains momentum

April 9, 2013 13:15 CET
BMW widened its luxury-auto sales lead over Audi last month on demand for the 3-series sedan and X1 SUV, while the Mercedes brand gained momentum with new small cars.

RICHARD JOHNSON

Thatcher forged lasting imprint on Europe's luxury brands

12:01 am U.S. ET | April 9, 2013
Britain's auto industry changed dramatically under Maggie Thatcher's government. Her decision to allow foreign ownership of British carmakers set off a bidding war between General Motors and Ford.

 
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Greek sales slide amid broader European rebound
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UK new-car sales rise 13% in June boosted by low finance deals
UK new-car registrations in June increased 13 percent to 257,817. The increase meant that sales wer ...
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German car sales rose 13% in June, helped by extra sales days
New-car registrations in Germany increased 13 percent in June, helped by two extra sales days and a ...
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Spanish new-car sales jump 24% as scrappage program boosts demand
Spanish new-car sales rose 24 percent in June as a government-backed subsidy scheme continued to boo ...
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French car sales rise 15% in June on extra working days
French new-car sales increased 15 percent in June as two extra working days helped to lift registrat ...
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European car sales recovery slows in May
The recovery in European car sales slowed down in May as buyers' concerns about unemployment and the ...
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Western European sales rebound slowed in May
Western European car registrations rose 0.2 percent in May as the region's stop-go recovery faltered ...
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Europe's automakers boosted shareholder value 41% in first quarter
The average shareholder value of Europe's listed automakers improved by 41 percent, outpacing European and U.S. ...
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W. Europe car sales rise nearly 7% on new models, discounts
New-car sales in Western Europe increased by 6.7 percent in April -- helped by a continuing economic ...
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German car sales rise 6% in sign of Europe rebound
German car sales rose 6.3 percent in April as Europe's No. 1 market joined France, Italy and Spain i ...
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Opel names engineer to oversee quality
Opel named mechanical engineer Elvira Toelkes as its new head of quality in Europe. Toelkes will be ...
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Bugatti names former Bentley, Ferrari exec as marketing boss
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Industry veteran Steve Miller takes helm of IAC
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Renault-Nissan names Olive as head of manufacturing engineering, supply chain
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CLEPA names Brembo exec as next president
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Jaguar Land Rover will make China chief its Europe boss, source says
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JLR said to move China head to lead European unit
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Volvo's future rides on revived XC90
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