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European car sales sink to 20-year low in May

June 18, 2013 11:15 CET
European car sales fell to a 20-year low in May as rising joblessness caused by a recession in the euro region reduced demand. Registrations dropped 6 percent to 1.08 million vehicles with all volume automakers reporting sales declines.... Read More »
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New subcompact to lead MG's European expansion

June 18, 2013 13:16 CET
MG Motor, owned by China's SAIC Motor, will start production of the MG3 in England later this summer. The subcompact will lead MG Motor's expansion into other European markets.... Read More »
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Toyota uses Twitter to show how Auris hybrid is made

June 18, 2013 09:26 CET
Toyota will use Twitter to show how it builds the Auris hybrid at its UK factory. The company aims to reach new customers in what it says is a world-first social media project.... Read More »
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Aston Martin shareholder asks lenders for 50% cut on debt, sources say

June 18, 2013 11:49 CET
Aston Martin shareholder Investment Dar is asking its creditors to take a 50 percent write-down on the of Kuwaiti company's debt as it seeks to meet repayments after defaulting on a loan three years ago, three people familiar with the matter said.... Read More »
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Volvo said to be poised to begin China output at Chengdu plant

June 18, 2013 14:47 CET
Volvo will start building a stretched variant of the S60 at its first China manufacturing plant in Chengdu in the second half of this year, according to a Chinese media report.... Read More »
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Daimler-BYD JV says big China dealer group may sell Denza EV brand

June 18, 2013 13:46 CET
Shenzhen BYD Daimler New Technology, a 50-50 JV between Daimler and BYD, may sell its Denza-brand electric cars at Zhongsheng Group Holdings' dealerships, the partnership said.... Read More »
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Rolls-Royce picks veteran BMW engineer to lead manufacturing

June 18, 2013 06:01 CET
Rolls-Royce has named Frank Ludwig, 42, as its manufacturing director. The German national has been with Rolls' parent, BMW Group, since 2002 and has held manufacturing jobs at the Mini and BMW brands.... Read More »
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Porsche-Piech family buys Qatar's 10% stake in VW's majority owner

June 17, 2013 11:19 CET
The Porsche-Piech family bought Qatar Holding's 10 percent stake in Porsche Automobil Holding SE to regain full control of the majority owner of Volkswagen Group.... Read More »
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Ford pushes new models over rental sales in Europe revival

June 17, 2013 10:34 CET
Ford is counting on new models such as the EcoSport small SUV to help reduce reliance on low-margin sales to rental-car companies in Europe in the battle to stem losses in the region.... Read More »
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GM extends summer production shutdown at Russian plant as market cools

June 17, 2013 14:22 CET
General Motors will extend the summer shutdown at its factory in St. Petersburg, Russia, as the country's car market growth slows down. The Russian market is expected to decline by 5 percent in 2013.... Read More »
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Jaguar's global sales rose 63% in May

June 17, 2013 13:42 CET
Global sales of Jaguar cars rose 63 percent to 7,061 last month, helping to offset a 6 percent fall in Land Rover deliveries. Boosted by the success of the new Jaguar F-Type, combined sales at the Jaguar Land Rover unit rose 4 percent, Tata said.... Read More »
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Peugeot, Seat, Ford push LED headlamps into European mass market

June 17, 2013 06:01 CET
When Peugeot launches its new 308 at the Frankfurt auto show in September it will become the first automaker in Europe to offer full-LED headlamps as standard in the majority of the compact's trim lines.... Read More »
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HANS GREIMEL

Economic revival boosts foreign car sales in Japan

12:01 am U.S. ET | June 17, 2013
For months, U.S. and European automakers have fretted about the potential boost to Japanese brands' sales in their markets from the tumbling yen, which makes Japanese exports more profitable and increases their allure in overseas markets. But here's the flip side those automakers don't complain about: Import sales in Japan are soaring.... Read More »
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BMW tops Mercedes in quarterly U.S. vehicle registrations, Polk says

June 16, 2013 13:59 CET
BMW is trailing Mercedes-Benz in luxury vehicle sales so far this year in the United States, but it still exceeded its German counterpart in first-quarter new vehicle registrations.... Read More »
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Spain's CIE and India's Mahindra agree on deal to create major supplier

June 15, 2013 17:56 CET
Spain's CIE Automotive will buy a majority stake in the combined auto component unit of India's Mahindra Group to create a new company that will become one of the top 25 global suppliers, with annual sales of $3 billion and operations from North America to Asia.... Read More »
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Automakers seek stability after German election to aid Europe sales recovery

June 14, 2013 06:01 CET
Carmakers including Volkswagen and PSA haven't taken a stand on German Chancellor Angela Merkel's bid for a third term in September, but they all want the election to be over. Any recovery in European auto sales from a six-year slump will hinge largely on a stable Germany, but recent polls show there is likely to be no clear winner in September's election.... Read More »
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Marchionne said to be finalizing Fiat-Chrysler refinancing

June 14, 2013 15:47 CET
Fiat-Chrysler CEO Sergio Marchionne is closing in on refinancing deals for both automakers ahead of a plan to merge the two companies.... Read More »
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VW Group sales up 7% in May on China, U.S. demand

June 14, 2013 10:59 CET
VW says global group sales rose 7 percent to 816,500 in May as strong demand in China and the United States continued to help offset weaker deliveries in European markets.... Read More »
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VW-brand China sales rise 19% in May

June 14, 2013 09:35 CET
Sales of Volkswagen's core brand in China rose nearly 19 percent to 197,000 units in May outpacing overall industry sales, which rose just 9 percent. The Lavida sedan and Tiguan compact SUV both helped power demand in the market last month, according to LMC Automotive.... Read More »
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2013 AUTOMOTIVE NEWS EUROPE CONGRESS

Tougher emissions goal will give Europe a technology lead, experts say

June 14, 2013 10:54 CET
Europe needs tougher vehicle emissions regulation to give it a technology lead, industry executives and political insiders said at the 2013 Automotive News Europe Congress.... Read More »
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Special Report
Dealer O.C. Welch's big-truck turnaround

Dealer O.C. Welch's big-truck turnaround

After Mercury's demise, South Carolina Ford-Lincoln dealer O.C. Welch had to find a way to replace lost revenue. He decided to load up on Super Duty pickups – and sell them online. Mon., June 17
» Watch the Video
     
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    Don Davis Dealerships, Inc. -- Lake Jackson, Texas, United States
     
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    Performance Toyota -- Memphis, Tennessee, United States
     
 
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