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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Luca Ciferri
12:01 am U.S. ET | March 30 2015

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Formula One tire supplier Pirelli will have a Chinese owner, while Ferrari styling house Pininfarina could be acquired by an Indian company. ...
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With Volvo's help, Geely goes upscale


4:31 am U.S. ET | March 27 2015

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Zhejiang Geely Holding Group launched sales last week of its new flagship car, the GC9 midsize sedan ...
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Fiat Chrysler may find perfect partner is from Asia

Larry P. Vellequette
12:01 am U.S. ET | March 23 2015

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Sergio Marchionne wants a dance partner for Fiat Chrysler Automobiles. ...
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Porsche boss Mueller, 62, says he's young enough to be VW Group CEO

Christiaan Hetzner
12:01 am U.S. ET | March 20 2015

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Porsche CEO Matthias Mueller says he's young and fit enough to succeed Martin Winterkorn as head of ...
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China and cutting CO2 tough tasks for incoming BMW CEO Krueger


7:15 am U.S. ET | March 19 2015

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BMW CEO Norbert Reithofer sees China and CO2 emissions as the biggest challenges facing incoming chief Harald Krueger when he takes over the top job from Reithofer on May 15. ...
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How Michelin may give Europe's SUV craze even more traction

Nick Gibbs
12:01 am U.S. ET | March 13 2015

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Michelin has developed a tire that could give even more traction to Europe's SUV craze. ...
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Why Land Rover leads among China's second-tier luxury brands

Yang Jian
12:01 am U.S. ET | March 13 2015

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Land Rover has remained China's fourth-largest luxury brand behind Audi, BMW and Mercedes for two ye ...
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Ford's Farley feels the squeeze in Europe's middle

Nick Gibbs
12:01 am U.S. ET | March 11 2015

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The squeeze in the middle of the European car market is getting worse for volume automakers, Ford of ...
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Why McLaren can be profitable without an SUV

Nick Gibbs
12:01 am U.S. ET | March 10 2015

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McLaren Automotive CEO Mike Flewitt says the supercar maker doesn't need an SUV to generate the cash ...
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No German-driven 'rat race' for Volvo

Douglas A. Bolduc
12:01 am U.S. ET | March 5 2015

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Volvo r&d boss Peter Mertens is not impressed with the proliferation of models at the Swedish brand's bigger German rivals. “They are in a rat race. ...
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European February car sales rise as economy bolsters demand
European car-sales rose by 7 percent in February as signs of a strengthening economic expansion in t ...
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Russian car sales fall 38% in February
Russia's new-car sales fell 38 percent to 128,298 vehicle in February as consumers continued to avoi ...
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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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Hyundai names sales veteran Schmid as No. 2 in Europe
Hyundai has promoted Thomas Schmid to chief operating officer in Europe. ...
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Jaguar Land Rover names new global engineering chief
Jaguar Land Rover named company veteran Nick Rogers as its new engineering director to succeed Wolfg ...
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Former GM Europe chief Forster will lead UK taxi builder
Auto industry veteran Carl-Peter Forster, who once headed GM Europe and Tata Motors, is new board ch ...
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Volvo appoints Europe boss as part of global reorganization
Volvo named Anders Gustafsson as head of Europe, Middle East and Africa, one of three global busines ...
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Renault reinforces quality oversight
Renault aims to improve its quality and customer satisfaction ratings by moving its Americas chief, ...
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Cadillac Europe will be run by former BMW executive
GM has appointed veteran BMW executive Andreas Schaaf as its new Cadillac chief in Europe. ...
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BMW names ex-Mini plant boss next production chief
BMW Group has promoted manufacturing expert Oliver Zipse to succeed incoming CEO Harald Krueger as h ...
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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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Land Rover Discovery Sport on conquest path
Land Rover expects the Discovery Sport to join the Range Rover Evoque coupe-styled compact SUV in at ...
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Ford expects big boost from high-tech Mondeo
Ford expects a significant sales boost in the tough midsize segment from its latest-generation Monde ...
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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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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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