Headlines for Tuesday, April 23, 2013

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Delphi, Continental bid for Johnson Controls' auto electronics unit, report says

April 23, 2013 19:00 CET
Delphi Automotive and Continental both bid for Johnson Controls' automotive electronics unit, Bloomberg sources said. The supplier is considering the sale to free up cash and focus on more profitable divisions, such as car seats.

VW exec Muir will move to top sales post from Seat, report says

April 23, 2013 06:01 CET
VW executive James Muir, who is being replaced as head of the struggling Seat brand, will get a top sales job with VW Group, a report said.

DOUGLAS A. BOLDUC

Green group spills oil; makes confusing point on CO2

12:01 am U.S. ET | April 23, 2013
Green lobby group T&E has released a YouTube video that it hopes will put pressure on lawmakers to prevent them from weakening Europe's passenger-car CO2 target of 95 grams per kilometer for 2020. The trouble is that the video's message is difficult to understand.

LATEST LAUNCHES

Renault Captur joins crowded segment

April 23, 2013 12:56 CET
Renault hopes a spacious interior and a competitive price will help the Captur win buyers in Europe's fast-growing small SUV segment.

Daimler said to plan transmission plant in Romania

April 23, 2013 09:21 CET
Daimler plans a large investment to build transmission components in Romania at the site of an existing joint venture, a German newspaper reported.

Fiat close to securing financing for Chrysler buyout, report says

April 23, 2013 21:02 CET
Fiat could secure financing by May for a possible buyout of the rest of Chrysler, sources said. CEO Sergio Marchionne wants to merge the carmakers to create the world's seventh-largest auto group, tapping Chrysler's cash flow to offset Fiat's losses in Europe.

U.S. union leader prods Opel workers to keep German plant open

April 23, 2013 23:19 CET
Workers at Opel's factory in Bochum, Germany, should accept a deal they previously rejected to keep their jobs, Bob King, the head of the U.S.-based United Auto Workers union, said.

Spain's Gestamp opens China parts factory

April 23, 2013 13:32 CET
Spanish supplier Gestamp has opened its sixth China plant. The new factory is in the northeast city of Shenyang and will to supply carmakers in the region including BMW, VW, Daimler, Hyundai and GM.

Mercedes, BMW, Audi chase young, female, frugal customers in India

April 23, 2013 12:11 CET
In an effort to raise stuttering sales in India that far lag emerging Asian rival China, Mercedes, Audi and BMW are targeting young and female buyers outside the ultra-rich classes with small locally made cars.

Faurecia Q1 revenue rises as N. America, Asia sales offset weak Europe

April 23, 2013 08:34 CET
French supplier Faurecia said today that first-quarter revenue rose 1.7 percent as growing sales in North America and Asia helped offset the slowdown in European markets.

 
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Western European car sales rise 6% on Spain, Italy rebound
Western European car sales rose nearly 6 percent in January as the southern markets of Spain and Ita ...
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Jeep, Smart, Jaguar benefit most from Europe's forecast-beating 2015 sales
Jeep, Smart and Jaguar were the biggest winners last year in Europe, where overall vehicle sales ros ...
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Jeep, Smart, Jaguar benefit most from Europe's forecast-beating 2015 sales
Jeep, Smart and Jaguar were the biggest sales winners last year in Europe, where overall vehicle sal ...
 Read More ›
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Growth in car sales in key European markets 'encouraging' in January
New-car sales increased in key European markets in January including 3 percent growth in Germany and ...
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French automakers lose ground to rebounding VW
French new-car registrations increased 3. ...
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European car-sales growth forecast to slow to 2% in 2016
European car sales likely will rise 2 percent in 2016, down from 9 percent last year, as northern ma ...
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European sales growth will slow this year, say Daimler, Ford, Volvo CEOs
European automotive executives expect the region's car sales to grow for a third straight year in 20 ...
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VW trails rivals as Europe sales rise 16% in December
New-car sales in Europe rose 16 percent in December in the 28th consecutive month of growth with For ...
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Western automakers hit hard as Russia car sales fell 36% in 2015
Russia's car sales plunged by 36 percent in 2015 in a disastrous year for Western automakers with op ...
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VW brand sales fall 8% in Dec., dragging down group result
Global sales of VW brand cars fell by 7.9 percent in December as the automaker's emissions crisis an ...
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Former Opel CEO Demant retires after VW role
Volkswagen Group's international projects chief, Hans Demant, has retired, ending a long career that ...
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PSA appoints former Yahoo exec as chief digital officer
PSA named former Yahoo executive Brigitte Cantaloube as the automaker's first chief digital officer ...
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Mercedes promotes UK sales boss to U.S. role
Mercedes-Benz named its UK sales boss, Adam Chamberlain, as head of sales in the U.S. ...
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VW picks ex-BMW manager to head core brand in North America
Volkswagen has picked ex-BMW manager Hinrich Woebcken to run the North American business of its core ...
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VW motorsport director Capito moves to McLaren
Volkswagen motorsport director Jost Capito has been appointed CEO of McLaren Racing. ...
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Nissan names new Europe marketing chief
Nissan has promoted company veteran Jean-Pierre Diernaz to its new Europe marketing head. ...
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Hyundai hires former Lamborghini exec to shape strategy at luxury Genesis brand
Hyundai has hired former Lamborghini executive Manfred Fitzgerald to shape strategy at its new Genes ...
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Porsche names new production chief
Porsche has named VW Group veteran Albrecht Reimold as new production boss to replace Oliver Blume w ...
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Porsche names new production chief
Porsche has named VW Group veteran Albrecht Reimold as new production boss to replace Oliver Blume w ...
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Renault names former EV boss as sales and marketing chief
Renault named its former EV program boss, Thierry Koskas, as the company's sales and marketing chief ...
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Hyundai Tucson gets big boost from Europe's SUV boom
Hyundai expects the Tucson to change perceptions of the brand in Europe, thanks to its bolder design ...
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Product launches follow a faster cadence
New model launches are getting faster, more frequent and less certain. They also might be a lot fart ...
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Opel boosts connectivity offer in new Karl
Opel's new entry-level model, the Karl, is the brand's cheapest car but it now offers advanced conne ...
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Infiniti's 'big bang' starts with Q30
Infiniti expects the Q30 hatchback and its sibling model, the QX30 crossover, to give the brand a hu ...
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Renault packs Megane with high-tech upgrades
Renault has added upscale features to its new Megane to make the hatchback a better challenger in Eu ...
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Mini tweaks Clubman, moves it up a class
Mini hopes the latest Clubman's four-door body style instead of a three-and-a-half door configuratio ...
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Renault thinks big, green with Talisman flagship
Renault hopes that its new Talisman midsize car will win customers because of its size, efficient po ...
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Opel wants leaner Astra to leap over rivals
Opel hopes to win sales from the Volkswagen Golf as well as compact luxury models such as the BMW 1 ...
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Audi sees A4 causing segment shake-up
Audi executives are optimistic the arrival of the new A4 will give the Volkswagen Group subsidiary t ...
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Toyota rolls out fuel cell cars, but Europe is not ready yet
Toyota's European rollout of the fuel cell Mirai this month will be limited to the few countries in ...
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Suppliers to the new Jaguar XF
Assembly of the second-generation Jaguar XF began in June 2015 at Jaguar Land Rover's factory in Cas ...
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Suppliers to the new Audi Q7
Assembly of the second-generation Audi Q7 began in February 2015 at the German automaker's factory i ...
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Suppliers to the new VW Touran
Assembly of the third-generation Volkswagen Touran began in June 2015 at the German automaker's fact ...
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Suppliers to the new BMW 7 series
Assembly of the sixth-generation BMW 7 series began in July 2015 at the automaker's factory in Dingo ...
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Magna makes new VW Passat lighter
Magna shaved weight off of the body stampings it provides to the eighth-generation VW Passat, which ...
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GKN helps slash CO2 in new Volvo XC90
GKN Automotive formed a partnership with Volvo to develop a so-called eAxle for the plug-in hybrid v ...
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