Headlines for Tuesday, April 23, 2013

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

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. Read More »

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

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. Read More »

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DOUGLAS A. BOLDUC:

Green group spills oil; makes confusing point on CO2

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. Read More »

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Renault Captur joins crowded segment

Renault hopes a spacious interior and a competitive price will help the Captur win buyers in Europe's fast-growing small SUV segment. Read More »

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Daimler said to plan transmission plant in Romania

Daimler plans a large investment to build transmission components in Romania at the site of an existing joint venture, a German newspaper reported. Read More »

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Fiat close to securing financing for Chrysler buyout, report says

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. Read More »

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

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. Read More »

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Spain's Gestamp opens China parts factory

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. Read More »

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

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. Read More »

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

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. Read More »

 
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Ford, Farley hope for success in U.S.-Russian diplomacy

Dave Guilford
12:01 am U.S. ET | March 3 2015

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Jim Farley, newly installed as head of Ford of Europe, on Monday vowed that the money-losing unit is “going to make progress in spite of the headwinds.” ...
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Aston's clever distractions

Nick Gibbs
12:01 am U.S. ET | Feb. 27 2015

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Aston Martin is cleverly covering up its biggest weakness -- its slow-selling, money-losing, aging l ...
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Has diesel peaked in Europe?

Richard Truett
12:01 am U.S. ET | Feb. 16 2015

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Pollution is one reason why the diesel engine has perhaps peaked at 50 percent of new-car sales in m ...
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Did VW pick the wrong U.S. state to build the Passat?

Christiaan Hetzner
5:48 am U.S. ET | Feb. 11 2015

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Kentucky Gov. Steven Beshear has a message for any German carmaker or supplier considering expanding ...
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Ford Mondeo hybrid may benefit from diesel backlash

Nick Gibbs
7:53 am U.S. ET | Feb. 10 2015

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Ford does not expect its Mondeo hybrid to be a big seller in Europe but the environmentally friendly ...
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Has VW scored an own goal bankrolling its soccer club?

Christiaan Hetzner
10:05 am U.S. ET | Feb. 6 2015

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With Volkswagen looking to save 5 billion euros in costs at its core VW brand and key wage negotiati ...
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Qoros should ditch Europe ambitions and focus on China

Yang Jian
5:47 am U.S. ET | Feb. 6 2015

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China's Qoros is embarking upon an ambitious plan to reinvent itself as a global automaker with a ne ...
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German auto industry feels ripples from Paris terror attacks

Christiaan Hetzner
5:53 am U.S. ET | Jan. 30 2015

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The January killings of journalists at satirical magazine Charlie Hebdo in Paris have brought ...
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Zetsche done taking beating for Daimler double duty

Christiaan Hetzner
12:01 am U.S. ET | Jan. 28 2015

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Dieter Zetsche has been the whipping boy of the German premium auto industry for years, but that sho ...
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Why VW is closer than ever to global No. 1

Douglas A. Bolduc
5:26 am U.S. ET | Jan. 21 2015

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Volkswagen Group has reason to celebrate. Toyota seemingly conceded the title of world's largest automaker to its German rival 21 days into the new year. ...
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German car sales rise as Europe rebound continues
New-car sales in Germany rose 3 percent in January, adding to signs that the European rebound is con ...
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Spanish car sales jump 28% for 17th month of growth
New-car sales in Spain rose 28 percent in January, the 17th consecutive month of growth. ...
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French car sales rise 6% in Jan. as foreign brands gain
French car sales rose 6 percent in January, halting a three-month decline. Volkswagen, BMW, Toyota a ...
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Europe 2014 sales rise on low-cost brands shift
European car sales in 2014 rose for the first time in seven years, thanks to government incentives, ...
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Russia car sales forecast to drop 24% as economic crisis worsens
Russian car sales are set to decline by 24 percent this year after falling 10 percent in 2014 as the ...
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W. Europe car sales up 5% in 2014; 3% gain seen for 2015
New-car sales in western Europe increased by 5 percent in 2014, the best result since 2009, but grow ...
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German car sales rose 7% in December on extra selling day
New-car sales in Germany rose 7 percent in December, returning Europe's largest auto market back to positive annual growth after two years of shrinking sales. ...
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Car sales slump in France in December, but rise in Spain and Italy
France's floundering economy pushed car sales 7 percent lower in December, while Spanish sales jumpe ...
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Budget brands win despite Europe's car sales slowdown
New-car registrations in Europe rose 1 percent in November, with budget brands beating the market as ...
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Russian auto market decline slows in November
Russian car sales fell 1 percent in November compared with 10 percent the month before as a state sc ...
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Grupo Antolin shakes up management team
Grupo Antolin, the world's largest supplier of vehicle headliners, has shaken up the top tier of its ...
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Bentley names industry veteran Winkler to head Americas unit
Bentley said it appointed Michael Winkler as president and CEO of Bentley Motors in the Americas, replacing Christophe Georges, who will become director of product and... ...
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Ford names new lobbyist in Europe as free trade, CO2 pressure intensifies
Ford of Europe has promoted veteran lobbyist Andrew McCall as its new vice president for government ...
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New Mini boss is former Audi executive
BMW named former Audi executive Sebastian Mackensen as head of its Mini brand. ...
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Volvo appoints Kerssemakers as U.S. chief
Volvo is reshuffling its North American management by appointing global corporate product strategy c ...
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McLaren names new design chief
UK supercar maker McLaren promoted Robert Melville to the post of chief designer, reporting to the c ...
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VW's Seat brand recruits Ford designer Lamm
Volkswagen's Seat brand has recruited Ford of Europe stylist Stefan Lamm as its new head of exterior ...
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Aston Martin hires former Porsche exec as China boss
Aston Martin has hired former Porsche and BMW executive Michael Mingshan Peng as its new China boss ...
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Bosch's automotive head quits to become CEO of Mahle
The head of Bosch's automotive division, Wolf-Henning Scheider, has quit the world's top-ranked supp ...
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Ford-Getrag JV names new COO
Getrag Ford Transmissions, a joint venture between the U.S. automaker and the German supplier, has named Sue Slaughter as its chief operating officer. ...
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Sportier Skoda Fabia keeps its functionality
The new Skoda Fabia highlights how the fast-growing Czech value brand is adding a touch of style to ...
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Mazda2 gets bigger, lighter and bolder
Mazda expects its latest Mazda2 hatchback to make a bigger impact in Europe's highly competitive sub ...
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Fiat goes global with 500X
Fiat's 500X has the widest engine and transmission range in the automaker's lineup as the company pr ...
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BMW X6 gets sleeker to keep edge on new rivals
BMW successfully created a niche for coupe-styled large premium SUVs with the X6, but the second-gen ...
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Daimler seeks profitability at Smart with 2 minicar sizes
Daimler hopes to make its Smart small-car unit sustainably profitable by offering the same car in tw ...
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VW Passat tackles trailer troubles
Volkswagen has made a big effort to ensure its latest Passat remains Europe’s best-selling mid ...
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Audi boss calls A3 e-tron the 'perfect' EV
Audi CEO Rupert Stadler calls the A3 Sportback e-tron the “perfect electric vehicle for every ...
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Mercedes pushes S-class plug-in's zip
Mercedes-Benz's marketing plan for the new S-class plug-in hybrid aims to show prospective buyers th ...
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Lexus readies hybrid-only BMW X5, Mercedes M class rival
Lexus is counting on the NX hybrid to help it stand out against Europe's top-selling premium large c ...
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VW says Golf GTE plug-in hybrid offers the 'best of both worlds'
Volkswagen says its Golf GTE plug-in hybrid offers eco-friendly buyers the “best of both world ...
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Novelis helps make the Jaguar XE lean and green
Novelis plays a key role in the new Jaguar XE's aluminum-intensive monocoque structure. ...
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Faurecia helps cut CO2 in new Renault Twingo
Faurecia's emissions control systems helps the third-generation Renault Twingo reduce fuel consumpti ...
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ZF provides Maserati Quattroporte with leaner, smarter transmission
ZF supplies the new-generation Maserati Quattroporte's eight-speed automatic transmission, which is ...
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BWI Group gives Lamborghini Huracan added stability
BWI Group provides added stability to the new Lamborghini Huracan with its optional magneto-rheologi ...
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Magna, Haartz team up on Opel Cascada roof
Magna International and Haartz Corp. teamed up to supply the new Opel Cascada's folding softtop roof ...
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Marelli helps optimize Alfa 4C's transmission
Magneti Marelli supplies the Alfa Romeo 4C roadster with the technology that helps optimize the perf ...
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BorgWarner helps boost power in BMW 2 series
BorgWarner-sourced turbochargers for the new BMW 2 series help boost power by as much as 13 hp to 18 ...
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