Sales

Aston Martin CEO sees short-term Brexit gain

July 1, 2016 09:06 CET

Aston Martin will see a short-term financial gain from the crash in the pound's value following the UK's decision to leave the EU, CEO Andy Palmer said. “A weak pound obviously helps our exports in terms of profit-per-unit,” Palmer told Automotive News Europe.... Read More »

GM exec sees little Brexit effect for automaker in U.S.

June 30, 2016 11:54 CET

GM's chief economist, Mustafa Mohatarem, says it is too soon to measure the effect of the UK vote to leave the EU on the automaker, but the outcome will likely have little impact in the U.S. Mohatarem added that a continued weakness of the pound could lead to additional production at GM's two UK plants.... Read More »

UK car output rises 26% in May, but industry group sees Brexit threat

June 30, 2016 12:18 CET

UK car production rose by 26 percent in May thanks to particularly strong demand for exports, but momentum could be halted by a loss of tariff-free access to Europe after last week's Brexit vote, a leading industry group warned today.... Read More »

Renault may raise UK car prices to weather Brexit storm

June 29, 2016 15:20 CET

Renault may increase prices in the UK to counter the pound's slump following Britain's vote to leave the EU, Reuters reported. The UK accounted for 8 percent of Renault's sales in Europe last year.... Read More »

Brexit may cost carmakers 2.8 million global sales, IHS says

June 29, 2016 09:52 CET

The UK's vote to leave the EU may cost automakers about 2.8 million light-vehicle sales worldwide through 2018, researcher IHS Automotive said. The UK is expected to be hit hardest. Instead of expanding 3.2 percent this year, the UK may grow by just 1 percent followed by declines in the next two years.... Read More »

Jaguar Land Rover says 'short-term' Brexit impact will not affect Slovak plant

June 29, 2016 11:49 CET

Jaguar Land Rover, the UK's biggest automaker, said the short-term effects of Britain's decision to leave the EU will not affect plans to build a new plant in Slovakia, where production is slated to begin in 2018.... Read More »

Auto sector to gain from Brexit, business minister says

June 28, 2016 17:43 CET

There will be midterm and long-term opportunities from the UK's vote to leave the EU for the auto industry, business minister Sajid Javid said, adding that Britain should start "embracing" the opportunities provided by Brexit.... Read More »

UK will not get 'special treatment,' Merkel ally says

June 27, 2016 13:56 CET

The UK should not receive special treatment in negotiations over its EU exit, said the leader of the German Chancellor's CDU party. But Volker Kauder added that the UK's significance as a trading partner for Germany, especially in the auto industry, meant that both countries should maintain good relations.... Read More »

EUROPEAN DISUNION

Supplier planning hits the brakes

12:01 am U.S. ET | June 27, 2016

The U.K. vote to exit the European Union leaves suppliers in the dark on future investment until new EU trade deals can be adopted.... Read More »

Aston Martin's financial losses nearly double

June 27, 2016 11:54 CET

Aston Martin made a pre-tax loss of 127.9 million pounds in 2015, the fifth consecutive year the company has failed to make a profit, as the number of cars it sold fell and as it invests in expansion. Last year, the automaker reported a pre-tax loss of 71.8 million pounds.... Read More »

BRADFORD WERNLE

Goodbye to the Europe I knew

12:01 am U.S. ET | June 27, 2016

I am deeply shocked and disappointed by the decision of British voters to leave the European Union. A place I loved called Britain may no longer be so great any more.... Read More »

EUROPEAN DISUNION

Penske, Group 1 assess the damage

12:01 am U.S. ET | June 27, 2016

Penske Automotive and Group 1 Automotive took an immediate stock-price hit in the wake of Britain's vote to exit the European Union. Earnings will suffer from a collapsing British pound. But the longer-term impact remains unclear.... Read More »

BRADFORD WERNLE

BLOG: Goodbye to the Europe I knew

12:01 am U.S. ET | June 27, 2016

I am deeply shocked and disappointed by the decision of British voters to leave the European Union. A place I loved called Britain may no longer be so great any more.... Read More »

BILLIONS AT RISK

A split heard round the industry

12:01 am U.S. ET | June 26, 2016

The United Kingdom's stunning decision to abandon the European Union could slash automakers' profits by billions of dollars and cut new-vehicle sales by nearly a million units over the next three years, analysts warned.... Read More »

UK 'Leave' vote deflates hopes for U.S.-EU trade deal

2:59 pm U.S. ET | June 24, 2016

Britain's looming exit from the European Union is another huge setback for negotiations on a massive U.S.-EU free trade deal that were already stalled by deeply entrenched differences and growing anti-trade sentiment on both sides of the Atlantic.... Read More »

German auto industry warns Brexit could lead to production shift

June 23, 2016 13:22 CET

Germany's auto industry warned that a potential trade dispute between Europe and the UK in the aftermath of a Brexit could put British production sites at risk.... Read More »

Chinese automaker JAC mulls EV factory in Bulgaria

June 23, 2016 10:33 CET

China's JAC Motors is considering opening a factory in Bulgaria as an entry point to Europe for its electric cars. The company would be the second Chinese automaker to build cars in the EU's poorest country after Great Wall.... Read More »

Jaguar Land Rover could face $1.47 billion Brexit hit, report says

June 21, 2016 16:15 CET

Jaguar Land Rover estimates its annual profit could be cut by $1.47 billion if the UK leaves the EU, Reuters reported. The automaker has also looked into opening a continental European office and has delayed starting major work on a plant in Slovakia because of uncertainty about tomorrow’s vote, sources said.... Read More »

Toyota says Brexit may lead to 10% duties on UK-built cars

June 20, 2016 10:50 CET

Toyota warned that a withdrawal by the UK from the EU may lead to levies of as much as 10 percent on the cars it builds in Britain. Jaguar Land Rover CEO Ralf Speth also warned about a so-called Brexit, saying leaving the EU would be "highly damaging."... Read More »

Nissan to take legal action against Brexit campaign for logo use

June 20, 2016 16:19 CET

Nissan said it would take legal action against the official campaign for the UK to leave the EU after the group used the automaker's logo in leaflets calling for voters to back Brexit on June 23.... Read More »

VIDEO: First Shift: Italian-made Dodge Journey

12:01 am U.S. ET | June 20, 2016

Dodge Journey output moving to Italy, Jeep Compass and Patriot get reprieve; Toyota's Brexit warning; Mercedes plans EV push in U.S.; Toyota exec's goal: Turn robotics into safety results.... Read More »

EU plans stricter emissions tests to plug loopholes

June 15, 2016 14:49 CET

European Union regulators plan stricter checks on car fuel consumption and carbon dioxide emissions to plug loopholes in testing.... Read More »

London's black cabs could soon be a common sight in other European capitals

June 11, 2016 06:01 CET

Chinese-owned London Taxi Co. hopes its iconic black cabs may soon be a common sight on the streets of Paris and other European cities.... Read More »

Ford warns of Brexit risks to its business

June 9, 2016 16:59 CET

Ford of Europe CEO Jim Farley warned that potential future investment in the UK could be at risk if a vote to leave the EU leads to a significant deterioration in the country's business environment.... Read More »

Brexit opposed by Japan Inc. as $59 billion rides on referendum

June 7, 2016 08:47 CET

The UK benefits more from Japanese investment than any other country outside Europe apart from the U.S. Toyota and Nissan are among companies that have a lot at stake on the June 23 referendum when Britons vote to either leave or stay in the EU.... Read More »

 
Why Europe's car buyer categories need a shake-up

Douglas A. Bolduc
4:49 am U.S. ET | July 1 2016

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Johnson Controls says current car buyer categories aren't telling the full story. ...
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Nissan struggles to make sense of Sunderland shocker

Nick Gibbs
5:42 am U.S. ET | June 28 2016

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Nissan's team in the UK is “shell-shocked” by the decision of the country's voters to leave the EU, a person close to the company told me. ...
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Goodbye to the Europe I knew

Bradford Wernle
12:01 am U.S. ET | June 27 2016

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I am deeply shocked and disappointed by the decision of British voters to leave the European Union. ...
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Recapping Toyota's traumatic loss at Le Mans

Luca Ciferri
12:01 am U.S. ET | June 23 2016

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Toyota was reminded of how cruel motorsports can be when it lost the 24 Hours of Le Mans to Porsche ...
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VW's long day as shareholders quiz management

Christiaan Hetzner
6:40 am U.S. ET | June 22 2016

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As Volkswagen's 56th annual shareholder meeting began there were still long lines of people waiting ...
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Probe overshadows VW's annual meeting

Christiaan Hetzner
7:01 am U.S. ET | June 21 2016

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When VW shareholders gather for their annual meeting it is sure to be a turbulent event, not least b ...
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How Ford's European arm became a money maker again

Luca Ciferri
12:01 am U.S. ET | June 10 2016

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Ford of Europe's 6. ...
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Peugeot offers a two-wheel solution for congested cities

Bruce Gain
9:46 am U.S. ET | June 1 2016

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Peugeot's new 3008 SUV will offer owners a solution to the problem of getting around congested inner cities: an electric bicycle or an electric scooter that can fold up and... ...
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Why Mercedes is overtaking German rivals in China


12:01 am U.S. ET | May 27 2016

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Mercedes which used to be far behind Audi and BMW in China's luxury market, is rapidly closing the g ...
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McLaren goes to new heights with the 570GT

Douglas A. Bolduc
2:45 am U.S. ET | May 26 2016 UPDATED: May 26 15:45 CET -- adds photos

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McLaren went to new heights for the media launch of its latest model. ...
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VW Group sales rise nearly 2% in May, helped by Audi, Skoda gains
Volkswagen Group's global sales rose 1.6 percent in May, helped by rising demand for Audi and Skoda ...
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VW brand sales stable as Europe, China demand offsets drops in U.S., Brazil
Volkswagen brand sales slipped 0.7 percent last month with gains in Europe and China offsetting decl ...
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Russia car sales fall 15% in May
New-car sales in Russia fell 15 percent in May, after an 8. ...
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Western Europe car sales rise 14% in May
Western European car registrations increased 14 percent in May as demand rose last month in Germany, ...
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Mercedes SUVs help boost U.S. sales lead over Lexus, BMW
Mercedes outsold its luxury auto competitors in the U.S. in May, building its lead in a down month t ...
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VW sales in U.S. fall 17% for worst May since 2010
Continued weakness in car deliveries led Volkswagen of America to its worst May U.S. ...
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French car sales jump 22% in May on extra selling days
French registrations rose 22 percent in May, benefiting from three extra selling days. ...
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VW Group sales flat as Audi, Skoda growth eclipsed by core brand's decline
VW Group sales were flat last month as growth at Audi and Skoda failed to offset a decline in delive ...
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European car sales rise 9% in April; VW brand back to growth
European new-car sales rose 9 percent in April with nearly all automakers recording sales increases ...
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Russia car sales fall to 10-year low
New-car sales in Russia fell 8. ...
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Former Audi, Mercedes exec named new Cadillac Europe boss
GM has appointed former Audi and Mercedes executive Felix Weller as head of Cadillac Europe as it tr ...
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VW veteran Powels faces tough task in South America
VW brand named David Powels as head of its South American operations. Powels faces a tough challenge ...
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Faraday names Ferrari exec Mattiacci global brand chief
Electric vehicle startup Faraday Future appointed longtime Ferrari executive Marco Mattiacci to the post of global chief brand and commercial officer. ...
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GM names Boler-Davis head of global manufacturing
General Motors named Alicia Boler-Davis as its head of global manufacturing and labor relations, the ...
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Ford picks VanDyke to be new Europe marketing chief
Ford has picked Matt VanDyke as its new marketing chief in Europe. VanDyke currently leads Lincoln's ...
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Nissan Europe names new product planning chief
Nissan Europe has named Ponz Pandikuthira, its current light commercial vehicle director, as the aut ...
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Porsche names IT expert Koslowski as head of a new digital unit
Porsche named automotive IT expert Thilo Koslowski as head of a newly created digital unit tasked wi ...
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Porsche names IT expert Koslowski as head of a new digital unit
Porsche named automotive IT expert Thilo Koslowski as head of a newly created digital unit tasked wi ...
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Alfa and Maserati get new chief
Reid Bigland replaces Harald Wester as head of Alfa Romeo and Maserati. Bigland will also continue a ...
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Cadillac Europe's chief to lead the brand in China
Andreas Schaaf, Cadillac's European chief, has been appointed the brand's vice president for China, ...
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Suzuki Baleno is company's first model in Europe with fuel-saving mild hybrid
Suzuki has boosted fuel economy in its new Baleno hatchback by using a mild hybrid system for the fi ...
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MG aims first SUV at budget buyers
MG Motor, a Chinese-owned UK brand, is aiming its first SUV, the GS, at families looking for a budge ...
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Maserati expects first SUV to become its best-seller
Maserati is embracing the boom in luxury SUV sales with the launch of its Levante crossover, which t ...
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McLaren aims cozy 570GT at new audience
McLaren says that the 570GT is the first supercar it has produced that was not conceived primarily w ...
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VW Tiguan offers more room, less weight
Volkswagen has made its new Tiguan lighter, roomier and added more technology as standard equipment ...
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Audi SQ7's electric compressor banishes turbo lag
Audi's SQ7 is the world's first production vehicle equipped with an electric powered compressor, whi ...
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F-Pace set to become Jaguar's top-seller
Jaguar expects the F-Pace to become the brand's best-selling model to date after record advance sale ...
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Porsche turbocharges new Boxster
Porsche is repositioning its latest Boxster with a new name, a higher price tag, and a new four-cyli ...
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Toyota counts on big boost from greener, zippier Prius
Toyota expects to solidify its position as the region's leader in hybrid sales with the new Prius, w ...
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High-tech E class pushes Mercedes ahead of rivals
Mercedes-Benz makes a big leap toward self-driving cars with the new E class, which debuts a hands-f ...
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Suppliers to the new Alfa Romeo Giulia
Assembly of the all-new Alfa Romeo Giulia began in March at parent Fiat Chrysler Automobile’s ...
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Suppliers to the new Audi A4
Assembly of the fifth-generation Audi A4 began in July 2015 at Audi's factory in Ingolstadt, Germany ...
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Suppliers to the new Skoda Superb
Assembly of the third-generation Skoda Superb began in April 2015 at Skoda's factory in Kvasiny, Cze ...
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Suppliers to the new Ford S-Max
Assembly of the second-generation Ford S-Max began in May 2015 at Ford's factory in Valencia, Spain. ...
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Suppliers to the new Mercedes GLC
Production of the first-generation Mercedes-Benz GLC began in June 2015 at parent Daimler's factory ...
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