Headlines for Thursday, April 18, 2013

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2013 SHANGHAI AUTO SHOW:

Mercedes unveils GLA concept

Mercedes released pictures and details of the Concept GLA ahead of its debut at the Shanghai auto show. The production version will launch next year as a competitor to the BMW X1 and Audi Q3. Read More »

AvtoVAZ to lower sales forecast on weak Russian market

AvtoVAZ, Russia's largest carmaker, will cut its 2013 sales and production forecasts due to the weak state of its home market, the company's CEO said. "We saw a certain decline in sales in March," Igor Komarov said. Read More »

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Automakers will likely lower targets as German car sales plunge

Daimler and other global automakers will probably have to lower their forecasts after demand in Germany dropped the most in 2 1/2 years. The plunge in the German market is prompting companies to increase discounting, in turn pressuring earnings. Read More »

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BMW plans perks to win EV customers

BMW will offer extra services to attract drivers to its "i" electric-car lineup, including occasional use of fuel-powered models. Read More »

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PSA mulls Aulnay plant closure this year, sources say

PSA may shut its Aulnay plant near Paris as early as September, ahead of a proposed closure in 2014, because strikes are disrupting production, according to sources. Read More »

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Volvo to report big operating loss in China, paper says

Volvo is set to report an operating loss in China for 2012 of between 2 billion to 4 billion Swedish crowns ($308 million to $615 million) as weak car sales and a costly new factory weighed on results, a Swedish daily newspaper reported on Thursday. Read More »

Airbag maker Takata to book $307 million loss after Japan autos recall

Takata, the airbag manufacturer that last week was cited in the recall of 3.4 million vehicles made by Japanese automakers, said on Thursday it will book an annual extraordinary loss of $307 million. Read More »

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GKN's first-quarter profit falls on auto-industry volatility, restructuring costs

UK supplier GKN said today that first-quarter profit fell 4 percent after its auto-parts unit was hit by a restructuring charge and falling vehicle production in Europe, Japan and India. Read More »

BMW, VW supplier SGL issues profit warning

SGL Carbon, which is partly owned by the BMW and VW groups, reduced its profit outlook because of a "slow start" to the year, particularly for its graphite-materials and carbon-fiber units. Read More »

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Bosch sees sales gain of 4% in 2013 on growth outside Europe

German supplier Bosch forecasts its sales will increase as much as 4 percent this year as growth outside Europe makes up for a recession in the region. Read More »

Recall of airbags shows risk of global supply chains

A massive vehicle recall by four Japanese automakers because of faulty airbags underscores the perils of huge global supply chains as companies increasingly rely on a handful of suppliers for common or similar parts. Read More »

 
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Christiaan Hetzner
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Even BMW has to obey the laws of physics: a rwd car that is compact yet roomy is a paradox. ...
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PSA may be better off without Thierry Peugeot

Bruce Gain
12:01 am U.S. ET | July 11 2014

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PSA/Peugeot-Citroen's future could be brighter following former chairman Thierry Peugeot's departure ...
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Gesture recognition makes dials, buttons obsolete

Douglas A. Bolduc
12:01 am U.S. ET | July 1 2014

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Buttons and dials may become obsolete to control your car's radio, heater and navigation system. That's because those functions can now be managed with the wave of the hand. ...
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Will global automakers drop Chinese partners?

Yang Jian
7:32 am U.S. ET | June 30 2014

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BMW's iDrive earns high marks, but doesn't match Apple

Douglas A. Bolduc
7:37 am U.S. ET | June 27 2014

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BMW's iDrive system ranked highest in Germany and Italy for user experience in a recent test, but the automaker and its peers have a long way to go to match Apple. ...
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At PSA, Tavares echoes Renault's management template

Bruce Gain
12:01 am U.S. ET | June 24 2014

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PSA/Peugeot-Citroen CEO Carlos Tavares's new executive committee structure is very much like the one he left behind at Renault when he was Carlos Ghosn's No. 2. ...
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Toyota exec ready to 'help' Nissan in Europe

Douglas A. Bolduc
12:01 am U.S. ET | June 23 2014

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Toyota Europe CEO Didier Leroy says he's ready to “help” Nissan achieve its stated goal of becoming the top-selling Japanese automaker in the region. ...
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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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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 ...
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Ford, Toyota models will help boost Turkish car output to record
New models from Ford, Toyota and Hyundai are expected to help boost Turkish automotive production to ...
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Russian car sales sink most in 4 years on ruble weakness
Sales of new cars in Russia plunged by the most in more than four years in June as a weaker ruble cu ...
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German market slows down in June
French, Spanish and Italian car sales rose in June while the German market slowed down, held back by fewer working days as the European market rebound remained intact. ...
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Europe car sales rise for ninth month
Europe's car sales rose 4 percent in May as growing consumer confidence encouraged purchases of new ...
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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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Bentley names VW veteran as human resources chief
Bentley named VW Group executive Marlies Rogait as its new head of human resources. ...
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Rolls-Royce names new China boss
Rolls-Royce has named BMW veteran Leon Li as regional director for its China operations. ...
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CLEPA names new CEO
Veteran supplier executive Paul Schockmel is the new CEO of Europe's partmakers association, CLEPA. He succeeds Jean-Marc Gales who is now CEO of sports car maker Lotus. ...
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Infiniti lures BMW exec to head global operations
Infiniti has named longtime BMW executive Gaby-Luise Wuest as its head of global operations. ...
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Germany's Kiekert names new Asia chief
Kiekert, a German supplier of automotive door locks and latches, has named Karl Lambertz director of its Asian operations. ...
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VW taps veteran German exec for top U.S. quality post
Volkswagen Group of America named German national Stefan Schueller quality chief for VW and Audi in the United States. ...
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Renault names new engineering chief
Renault named company veteran Gaspar Gascon Abellan as its new engineering chief. Abellan succeeds J ...
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SGL Carbon names Majerus as CFO
Carbon fiber manufacturer SGL Carbon has named Michael Majerus as its new chief financial officer. He starts a three-year term on July 1. ...
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Tavares names Europe chief, reshuffles top jobs at PSA
PSA CEO Carlos Tavares has appointed a boss for the company's European operations and recruited a fo ...
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IAC promotes veteran exec to head European commercial operations
Luxembourg-based supplier International Automotive Components (IAC) has promoted Marcus Nyman to senior vice president of commercial operations for the European region. ...
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The 'better Golf'
Volkswagen says the Golf Sportsvan combines the agility of the classic Golf hatchback with the roomi ...
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Honda rolls out the Civic wagon
Honda hopes that sleek styling and a smart interior will help its new Civic Tourer station wagon boo ...
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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 ...
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BMW X4 fills tall order
BMW has taken steps to ensure that tall people will still feel comfortable inside the new X4 by lowe ...
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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 ...
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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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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 ...
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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 ...
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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 ...
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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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