Headlines for Thursday, April 25, 2013

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U.S. suppliers take Q1 hit from European downturn

Economic troubles in Europe cut into the first-quarter earnings of U.S. suppliers Lear, BorgWarner and Dana. Read More »

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Fiat may have to pay union trust fund more for Chrysler shares, judge suggests

Fiat may have to pay more than its $139.7 million offer for Chrysler Group shares that the automaker wants to buy from the United Auto Workers' retiree health-care trust, a judge suggested. Read More »

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VW, board member Garcia Sanz under investigation

VW Group and management board member Francisco Javier Garcia Sanz are under investigation by German prosecutors over allegations they failed to prevent corruption at the company. Read More »

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Opel rejects new vote for Bochum workers on plant's restructuring

GM's Opel division is against giving workers another vote on a restructuring deal at the automaker's embattled plant in Bochum, Germany. Read More »

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VW says 2013 will be tough, eyes H2 upturn

VW Group is bracing itself for a tough year ahead, though the automaker believes business may improve in the second half as non-European markets keep growing. The automaker plans to tap into these markets by adding an additional 1,500 sales outlets in the medium term. Read More »

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Skoda aims to double sales in China by 2018

Skoda aims to double its sales in China to 500,000 vehicles within five years as part of a push to raise annual global deliveries to at least 1.5 million cars by 2018, up from a record 939,200 vehicles in 2012. Read More »

Schaeffler said to consider 2014 initial public offering

German supplier Schaeffler is exploring an initial public offering next year in Germany, three people familiar with the matter said. Read More »

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Hyundai Q1 net profit falls on home output drop, currencies

Hyundai posted a 15 percent fall in quarterly net profit as it was hamstrung by weekend production stoppages and unfavorable currency moves. Read More »

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EU politicians back compromise on car emission targets

EU politicians have backed a compromise deal to reduce car emissions to 95g/km starting in 2020, while calling for moves to further reduce this to 68g/km to 78g/km by 2025. Read More »

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Ford predicts higher Q2 output in Europe, N.A.

Ford's European production will rise 6 percent in the second quarter from year-earlier levels, to 390,000 units, after falling 8 percent in the first quarter to 386,000. Read More »

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Valeo Q1 sales edge higher as China, N.A. demand offsets Europe weakness

French supplier Valeo said first-quarter sales rose slightly as demand in China and North America helped offset a slump in Europe's car markets. Read More »

 
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Ford of Europe's quiet designer made a big impact

Bradford Wernle
12:01 am U.S. ET | June 6 2014

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Martin Smith, Ford's longtime design director for Europe, is not a man of many words. ...
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Toyota Europe boss shares secrets to his success

Douglas A. Bolduc
1:22 am U.S. ET | June 4 2014

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Toyota Europe CEO Didier Leroy says that to become a true leader you should not worry about making your boss happy. ...
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Zetsche sees speedy uptake of F1 tech in Mercedes cars

Luca Ciferri
12:01 am U.S. ET | May 30 2014

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Dieter Zetsche foresees Mercedes models benefiting quicker than ever from the automaker's participat ...
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How PSA's DS division aims to sell French chic worldwide

Bruce Gain
12:01 am U.S. ET | May 29 2014

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PSA's Paris dealership dedicated to the upscale DS brand is much like a high-end French restaurant: ...
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Mini boss experiences love at first sight

Luca Ciferri
5:43 am U.S. ET | May 26 2014

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Mini boss Peter Schwarzenbauer's passion for the Superleggera Vision concept is deep. One look at the car and you'll understand why. ...
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Zetsche on EU: Relish the peace


12:01 am U.S. ET | May 23 2014

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Daimler CEO Dieter Zetsche says it is important not to lose sight of the many benefits of a united Europe. One he never takes for granted is peace. ...
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Google self-driving cars master delicate dance of city driving

Gabe Nelson
1:19 pm U.S. ET | May 14 2014

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Sitting in one of Google's self-driving vehicles feels like it does with a person in control. The te ...
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Marchionne lets the secrets flow

Jason Stein
12:01 am U.S. ET | May 13 2014

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Sergio Marchionne last week showed us how to open up a little more and how to let our secrets flow. ...
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Citroen's incoming CEO worked wonders in the UK

Nick Gibbs
12:01 am U.S. ET | May 9 2014

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Incoming Citroen CEO Linda Jackson has proved herself in the UK by reducing image-harming discounts and boosting morale. ...
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Ghosn aims for No. 3 spot for Renault-Nissan


7:17 am U.S. ET | May 8 2014

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Carlos Ghosn has high ambitions for Renault-Nissan after getting a new mandate as Renault CEO. He wants to catch industry leaders Toyota, General Motors and Volkswagen. ...
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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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German car sales fall for first time in five months
Sales of new cars in Germany fell by nearly 4 percent in April, bucking the trend in the other major ...
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European car sales rise 10% in March
European car sales jumped 10 percent in March, the seventh consecutive monthly gain, as new models t ...
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European car sales recovery gains pace as German deliveries rise 5%
Germany joined France, Italy and Spain in posting higher new-car sales in March, adding to signs tha ...
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European car sales rise 8% in February as region's economy revives
European car sales rose by nearly 8 percent percent in February, the sixth consecutive monthly gain, ...
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Automakers, suppliers extend strong gains in Q4
After particularly strong Q3 gains, automakers, suppliers and retailers saw further improvements in ...
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Ford names Mustang styling chief new Europe design boss
Ford has named Joel Piaskowski, who helped create the automaker's new Mustang, to head its design team in Europe. He will succeed Martin Smith on July 1. ...
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Rolls-Royce picks former Infiniti, Audi exec to lead sales
Rolls-Royce has named former Infiniti and Audi executive Fintan Knight as its new director of sales ...
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Ex-Renault marketing boss Norman joins PSA
PSA CEO Carlos Tavares has chosen former Renault colleague Stephen Norman as senior vice president o ...
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Rolls-Royce recruits former Chery executive
Rolls-Royce named Brett Soso, a former executive at China carmaker Chery, as regional director for t ...
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PSA names new chiefs for Citroen and DS brands
Citroen's UK chief, Linda Jackson, will replace Frederic Banzet as the brand's CEO while strategy di ...
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New Lotus CEO is industry veteran Gales
Industry veteran Jean-Marc Gales is the new CEO of Lotus. ...
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Daimler names Brecht as company's top workforce representative
Daimler's supervisory board has chosen Michael Brecht as its deputy chairman replacing Erich Klemm, ...
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CLEPA CEO Gales steps down
Industry veteran Jean-Marc Gales has stepped down as CEO of the European supplier group CLEPA. ...
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VW picks former Audi r&d boss to run Bentley, Bugatti brands
Volkswagen said Audi's former development chief, Wolfgang Duerheimer, will head its Bentley and Buga ...
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Ford moves Europe exec Cortesi to global corporate communications role
Ford of Europe executive Elena Cortesi has been given a global role as the automaker's corporate communications manager. ...
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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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Nissan moves Qashqai upmarket
Nissan is so confident about the new Qashqai that its production capacity is three times that of the ...
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Bigger Mini keeps its charm
The third-generation Mini looks very much like its predecessor but beneath the longer body shell a l ...
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Mercedes touts GLA's sporty looks
Mercedes expects a 70 percent conquest rate for the GLA, the brand's smallest and cheapest SUV. ...
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Seat goes large with Leon ST
Seat is hoping to win new customers to its compact Leon range with the arrival of the Sports Tourer, ...
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Ford tweaks India-built EcoSport for Europe
Ford has tweaked the EcoSport subcompact SUV for European markets as it hopes the model will help it ...
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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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ZF 8-speed cuts fuel use in new BMW 4 series
ZF supplies the new BMW 4 series with its optional eight-speed automatic transmission. ...
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Honeywell turbo reduces CO2 in new Renault Clio
Honeywell’s turbocharger in the new Renault Clio helps the car’s new 90-hp 1.5-liter dCi ...
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