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PSA may vow to maintain Opel sites as CEO Tavares tours for support

Feb. 19, 2017 14:15 CET

PSA CEO Carlos Tavares will meet with UK and France government leaders this week to discuss the potential purchase of GM's Opel and Vauxhall brands. To win support for the takeover, PSA will pledge to maintain Opel's independence, honor existing collective labor agreements and continue to invest in all four of its German sites until at least 2020, a report said.
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PSA's Tavares will meet British PM about planned Vauxhall takeover Why leave Europe's car market? So many reasons. GM, PSA said to value Opel at $2 billion as talks advance PSA intends to keep Opel as a German brand, reports say

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AUTOMOTIVE NEWS EUROPE MONTHLY MAGAZINE
Nissan gives Micra a diesel to better battle VW Polo, Ford Fiesta
Feb. 18, 2017 06:01 CET

Despite falling demand for diesels, Nissan decided to offer the powertrain in its new Micra in Europe. Nissan's head of planning, Philippe Klein, explained why in an inte ...

 

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Kia steps up product offensive in Europe
Feb. 17, 2017 06:01 CET

Kia is stepping up its product offensive in Europe with the launches of new models such as a small SUV, a sporty sedan and replacements for its Rio and Picanto cars. The ...

 




 
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Aston Martin looks to leverage Daimler technology without being bought
Feb. 17, 2017 06:01 CET | UPDATED: 2/17/17 - corrected

Gaining access to large automaker's technologies through partnerships is Aston Martin's path to future success, CEO Andy Palmer told the first Automotive News Canada Cong ...

 

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BMW could shift car production to U.S. from Germany to avoid tariff
Feb. 17, 2017 06:01 CET

BMW could conceivably shift some car production from Germany to its U.S. crossover plant if President Donald Trump follows through on threats to erect high barriers to tr ...

 

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Audi China dealers demand $4 billion to cover sales losses
Feb. 17, 2017 11:37 CET

Audi dealers in China are demanding 28 billion yuan ($4 billion) to cover losses over the past three years that they blame on the automaker adding too many distributors, ...

 

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2017 GENEVA AUTO SHOW
Ferrari will unveil fastest series car
Feb. 16, 2017 14:26 CET

Ferrari will debut the 812 Superfast, its most powerful series production car to date. The mid-engine sports car is an updated version of the F12 Berlinetta fitted with a ...

 

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PSA buys Ambassador nameplate to win in India
Feb. 16, 2017 10:56 CET

PSA has bought the rights to the Ambassador nameplate as part of its plan to return to India after a 20-year absence and win over local car buyers who are unfamiliar with ...

 

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VW said to reduce Passat output in Germany due to parts shortage
Feb. 16, 2017 12:06 CET

VW has been forced to reduce production of Passat cars at its Emden plant in Germany because of a shortage of components caused by a fire at one of its suppliers, a repor ...

 

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Hyundai, Kia launch captive finance arm in Germany
Feb. 16, 2017 06:01 CET

Hyundai and Kia plan to support their new-car sales in Europe by launching a captive financial services business, breaking away from partner Santander and starting with t ...

 

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Aston Martin expects return to profitability in 2018
Feb. 16, 2017 10:38 CET

Aston Martin CEO Andy Palmer expects a return to profitability in 2018 as the money-losing automaker invests heavily to update existing models and develop several new veh ...

 

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Opel, PSA lag rivals as Europe sales rise 10% in January
Feb. 16, 2017 09:45 CET

Opel and PSA posted weaker European sales in January than their rivals amid discussions of a possible purchase of the GM unit by the French automaker. Europe registration ...

 

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Toyota sees plug-in hybrids catching on faster than conventional hybrids
Feb. 15, 2017 13:37 CET

Toyota's chairman, who led the development of the Toyota Prius, expects the latest plug-in hybrid vehicles will catch on with consumers far more rapidly than the original ...

 

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Daimler to focus on electric Smart cars in U.S., Canada
Feb. 14, 2017 10:06 CET

Daimler will stop selling combustion engine Smart cars in the U.S. and Canada and focus the brand on electric vehicles in the two markets. ...

 

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Land Rover Defender's spirit to be revived by chemical company
Feb. 14, 2017 09:33 CET

Jaguar Land Rover halted production of the original Land Rover Defender over a year ago, but now Ineos Group, a company better known for chemical production, is bankrolli ...

 

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VW, Bosch U.S. diesel settlements receive preliminary court approval
Feb. 14, 2017 19:39 CET

A U.S. judge granted preliminary approval of a VW settlement to pay at least $1.22 billion to fix or buy back nearly 80,000 polluting 3.0-liter diesel-engine vehicles. U. ...

 

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Nissan, BMW, Porsche face fuel economy probes in S. Korea
Feb. 14, 2017 10:38 CET

South Korea has filed a complaint against Nissan alleging the automaker manipulated the fuel economy test results of its Infiniti Q50. BMW and Porsche are also being inve ...

 

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Tata Motors posts 96% profit plunge as Land Rover sales decline
Feb. 14, 2017 16:49 CET

Tata Motors has reported a 96 percent fall in net profit for its third quarter, citing sharply lower earnings at its Jaguar Land Rover unit and losses in its domestic bus ...

 

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Daimler strikes EV agreement with workers at German plant
Feb. 14, 2017 14:23 CET

Daimler has struck an agreement with workers at Mercedes's biggest transmission factory in Germany, under which work on electric vehicles will be based at the plant. ...

 

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Zetsche's Daimler pay drops 21% in 2016
Feb. 14, 2017 14:10 CET

Daimler CEO Dieter Zetsche's total pay including bonuses dropped 21 percent to $8 million last year. ...

 

    
 
Will cockpits of tomorrow require one-stop suppliers?


12:01 am U.S. ET | Feb. 17 2017

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As automakers consider how to build self-driving vehicles, seat suppliers are reconsidering an old i ...
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How sour dealer relations wreaked havoc on Audi's China sales

Yang Jian
3:48 am U.S. ET | Feb. 17 2017

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Audi has lost its premium sales lead in China as the brand was finally overtaken last month by rival ...
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GM-PSA deal would be a blow to best Opel management team in years

Christiaan Hetzner
11:19 am U.S. ET | Feb. 14 2017

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GM's confirmation that it is discussing selling its Opel/Vauxhall business to PSA Group is a blow fo ...
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Renault starts to reflect its multifaceted boss

Luca Ciferri
9:27 am U.S. ET | Feb. 10 2017

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Renault is starting to look and act a lot like its multifaceted, multinational boss, Carlos Ghosn. ...
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The Volvo numbers that stood out

Douglas A. Bolduc
6:29 am U.S. ET | Feb. 8 2017

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Volvo's latest financial results were full of positive numbers but a couple really stood out. Volvo finished 2016 with $5. ...
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Daimler celebrations are muted as automaker conserves cash to fight off Uber, Google

Christiaan Hetzner
12:01 am U.S. ET | Feb. 3 2017

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Record annual sales, revenue and profits, and Mercedes-Benz grabbing the global sales luxury crown f ...
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German automakers worry about Trump's protectionist stance

Christiaan Hetzner
8:53 am U.S. ET | Feb. 2 2017

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Donald Trump has German automakers spooked after he threatened BMW with high tariffs if the company ...
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Toyota still has global bragging rights over VW in one important area

Hans Greimel
12:01 am U.S. ET | Feb. 2 2017

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Forget all the talk about Volkswagen ousting Toyota as the world's biggest automaker. Rest assured, Toyota is still No. 1 in sales and VW a far, far distant second. ...
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Citroen keeps faith in family vans

Bruce Gain
12:01 am U.S. ET | Feb. 2 2017

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Citroen CEO Linda Jackson says family vans will continue to play a part in Citroen's lineup despite ...
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Why China's new EV policy could cause a rift with Germany

Yang Jian
3:57 am U.S. ET | Jan. 31 2017

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Germany's ambassador to China, Michael Clauss, is a vocal opponent of Beijing's environmental plans ...
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Newsletters & Alerts
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Opel, PSA lag rivals as Europe sales rise 10% in January
GM's Opel brand and PSA posted weaker European sales in January than their rivals amid discussions o ...
 Read More ›
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Opel, PSA lag rivals as Europe sales rise 10% in January
Opel and PSA posted weaker European sales in January than their rivals amid discussions of a possibl ...
 Read More ›
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Irish new-car sales fall in January as Brexit bites
New-car sales in Ireland fell nearly 2 percent in January as the British pound's sharp decline after ...
 Read More ›
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EU car sales growth expected to slow to 1%, ACEA says
Car sales in the EU are expected to grow by about 1 percent in 2017, a sharp slowdown from last year ...
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Russia slump forecast to end; rapid recovery unlikely
After a four-year drop, Russia's car market looks to have bottomed out, leaving manufacturers optimi ...
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Western European car sales rise 10% in January
Western European car sales rose 9.5 percent in January on buoyant demand in Germany, France, Italy a ...
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UK sales rise 3% in Jan. on consumer demand
UK new-car registrations rose 3 percent in January, helped by the first increase in demand from priv ...
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Jaguar, Honda, Jeep win by tapping crossover craze
Jaguar, Honda and Jeep were the biggest winners last year among brands sold in Europe, where overall ...
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German sales rise 11% with strong gains for Toyota, Skoda, Renault and Fiat
Registrations in Germany increased by 11 percent in January, with brands including Toyota, Skoda, Re ...
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Italy's January sales best since 2010
New-car sales in Italy increased by 10 percent in January for the best monthly result since 2010, wi ...
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VW Golf, other volume compacts lose share to premium rivals, SUVs
The VW Golf and Ford Focus compacts are being squeezed as premium competitors such as the Mercedes A ...
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Europe's large premium SUV segment heads for record year
Europe's large premium SUV segment is on track for a record year, helped by rising sales of models s ...
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Audi, Mercedes push key segment toward milestone
Audi, BMW and Mercedes-Benz are largely responsible for the growing success of the compact premium s ...
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Audi, BMW, Jaguar give midsize premium segment a lift
Europe's midsize premium segment grew at a near double-digit pace in the first half on new models fr ...
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Skoda, Renault, Toyota benefit from higher sales of midsize cars in Europe
Europe's midsize segment is on track for a second year of rising sales as new models from Skoda, Ren ...
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Federal-Mogul shakes up leadership under Icahn takeover
Federal-Mogul Holdings named Bradley Norton as the new co-CEO and CEO of the supplier's motor parts division. ...
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Bernhard quits Daimler; Zetsche interim trucks boss
Daimler has confirmed that trucks chief Wolfgang Bernhard, a top manager once seen as a successor to ...
 Read More ›
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BMW picks Skoda exec to lead design at core brand
BMW has picked Skoda executive Jozef Kaban to lead design at its namesake brand, a move that fills t ...
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BMW names new CEO for North America
BMW named Bernhard Kuhnt to become CEO of BMW of North America. Ludwig Willisch, who previously held ...
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Tesla sues former head of Autopilot, former Google exec Urmson
Tesla is suing its former head of Autopilot software for stealing company information and recruiting Tesla employees for a competing startup while still employed by the... ...
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Jaguar Land Rover appoints Wittemann as China sales chief
Jaguar Land Rover has assigned Frank Wittemann, chief of its operations in Latin America, to lead it ...
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Ford plucks new brand chief from Apple
Ford has hired former Apple marketing executive Musa Tariq to be vice president and chief brand offi ...
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Volvo appoints Yuan Xiaolin as new Asia chief
Volvo named Yuan Xiaolin to succeed Lars Danielson as senior vice president of the company's Asia-Pa ...
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Uber hires Google veteran Singhal to aid self-driving engineering
Ride-hailing company Uber said it hired the man behind Google search to work closely with CEO Travis ...
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Former Nissan, Hyundai exec Rushforth joins Lookers
Former Nissan global sales chief and Hyundai Europe chief operating officer Allan Rushforth has join ...
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Hyundai gives i30 a tech boost
The Hyundai i30's success has been important in boosting the brand's European growth in the past 10 ...
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Toyota gets quirky with C-HR to 'turn heads'
Toyota is a latecomer to Europe's crossover segment with the new C-HR. ...
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Better-connected 5 series gets tech from BMW flagship
BMW has made its 5 series lighter, more economical and fully connected with advanced technology firs ...
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Smart improves ForTwo, ForFour EV variants with Renault tech
Smart has improved its EV technology for the battery-powered versions of its ForTwo and ForFour with ...
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Audi makes Q5 a tougher rival for Mercedes GLC, Porsche Macan
Audi has developed the second-generation Q5 to have the driving dynamics of the Porsche Macan and a ...
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Audi makes Q5 a tougher rival for Mercedes GLC, Porsche Macan
Audi has developed the second-generation Q5 to have the driving dynamics of the Porsche Macan and a ...
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Peugeot moves upscale with new 3008 SUV
The new Peugeot 3008 has been turned into an SUV from a minivan and has been given significant upgra ...
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Citroen aims C3 at Facebook generation
Citroen is aiming its new C3 firmly at younger, tech-savvy buyers who will appreciate features such ...
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Porsche enhances Panamera's 911-like looks
Porsche is hoping its second-generation Panamera will lure more European customers with the sedan's ...
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Renault keeps the Scenic family friendly
Renault has kept the Scenic’s minivan design in a move that goes against the industry trend of ...
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Suppliers to the new Renault Megane
Assembly of the fourth-generation Renault Megane began in November 2015 at the French automaker's fa ...
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Suppliers to the new Infiniti Q30
Assembly of the all-new Infiniti Q30 began on Daimler's MFA platform in December 2015 at the Nissan' ...
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Suppliers to the new Mercedes C-class Coupe
Assembly of the second-generation Mercedes-Benz C-class Coupe began in Bremen, Germany, in October 2 ...
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Suppliers to the new Opel/Vauxhall Astra
Assembly of the latest Opel/Vauxhall Astra began in Gliwice, Poland, in August 2015 and then in Elle ...
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Suppliers to the new Jaguar F-Pace
Assembly of Jaguar's all-new F-Pace began at parent Jaguar Land Rover's facility at Solihull, Englan ...
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Suppliers to the new Fiat Tipo
Assembly of the new Fiat Tipo began in September 2015 at parent Fiat Chrysler Automobiles' joint ven ...
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