Europe

Honda will cut European Civic production costs with global platform

April 23, 2015 06:01 CET

Honda will significantly reduce production costs on its next European Civic compact hatchback by basing it on a global platform. Honda will launch its next-generation Civic five-door in Europe in 2017. Like the current car, it will be built at the automaker’s plant in England and will be exported to the U.S. and other markets outside Europe for the first time....
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Chinese-owned MG eyes Europe push with new SUV

April 22, 2015 06:01 CET

MG Motor may expand into mainland Europe with the MG GS SUV, which was unveiled at this week's Shanghai auto show. The MG GS will go on sale in the UK next year and will compete against models such as the Nissan Qashqai in the popular compact SUV/crossover segment....
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France completes move to increase Renault stake

April 22, 2015 11:01 CET

The French government has completed steps to increase its stake in Renault despite opposition from the company's alliance partner, Nissan, and Carlos Ghosn, who heads both automakers.....
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Norway to review EV subsidies as sales soar

April 21, 2015 14:29 CET

Norway is reviewing its subsidies for electric vehicles after generous government incentives made the country the biggest user of EVs in the world, hurting state revenues, the finance ministry said....
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GM's Q1 global volume climbs 1.9%; company trails VW in global sales race

1:38 pm U.S. ET | April 21, 2015

General Motors said today that it sold 2,421,123 million vehicles globally in the first quarter, a 1.9 percent increase from a year ago. GM trails Volkswagen AG by about 70,000 vehicles in the race to be the world's biggest automaker with Toyota yet to report....
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Piech is Germany's best paid chairman, survey says

April 21, 2015 12:56 CET

VW Group Chairman Ferdinand Piech is Germany's best paid supervisory board chief, a survey showed. Piech's compensation rose last year to 1.47 million euros ($1.57 million), reflecting VW's record 2014 profit and deliveries....
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PSA lifts European output as market upturn helps turnaround plan

April 21, 2015 10:55 CET

PSA will boost European production by 10 percent as a market rebound and demand for models including the Peugeot 208 subcompact and Citroen C4 Cactus crossover help boost the carmaker a year into a major turnaround plan....
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Mini and Rolls leader to speak at congress

12:01 am U.S. ET | April 20, 2015

BMW board member Peter Schwarzenbauer, who is leading Mini and Rolls-Royce through periods of major change, will speak at the Automotive News Europe Congress on June 10 in Birmingham, England....
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LUCA CIFERRI

BLOG: Fiat meeting goes from legendary to ordinary

12:01 am U.S. ET | April 17, 2015

Fiat's investor meetings in Italy used to be legendary. Thursday's first gathering in Amsterdam was extremely ordinary....
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Renault wants France to back down on voting rights rise

April 17, 2015 11:07 CET

Renault urged France, its largest-single shareholder, to back down from plans to increase its voting weight in the automaker, warning that the balance of power within its alliance with Nissan was at risk. The Japanese automaker holds a non-voting 15 percent stake in Renault....
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Europe recovery continues in March

April 16, 2015 09:15 CET

European car sales increased 11 percent in March, the strongest growth in a year, as the region's improving economy fueled demand for vehicles made by automakers such as VW Group, Renault and Fiat Chrysler. Last month 1.65 million vehicles were sold in the region....
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Magna to sell interiors unit to Grupo Antolin for $525 million

9:17 am U.S. ET | April 16, 2015

Canadian auto supplier Magna has agreed to sell its interiors operations to Grupo Antolin, a Spanish supplier with global operations, in a deal valued at about $525 million, Magna said today in a statement....
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LUCA CIFERRI

BLOG: Fiat meeting goes from legendary to ordinary

11:52 am U.S. ET | April 16, 2015

Fiat’s investor meetings in Italy used to be legendary. Thursday's first gathering in Amsterdam was extremely ordinary....
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Fiat goes Dutch with first annual investor meeting in Amsterdam

6:38 am U.S. ET | April 16, 2015

After a century of meeting in Italy, Fiat shareholders convened today in Amsterdam, swapping the company's Lingotto factory with its rooftop racetrack for a luxury hotel in the Dutch city's red light district. Only 10 investors attended the session....
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Grupo Antolin to buy Magna unit for $525 million

April 16, 2015 15:17 CET

Spain's Grupo Antolin has reached an agreement to purchase Magna International's interiors unit for about $525 million, creating what Antolin estimates will be the world's third-largest player in the consolidating sector....
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VW struggle in 'diplomacy phase' as investors weigh CEO change

April 15, 2015 12:11 CET

Volkswagen's leadership crisis has burst into the open with Chairman Ferdinand Piech's public denunciation of CEO Martin Winterkorn, but the standoff is now more likely to play out behind closed doors. Piech, 77, will meet his cousin, Wolfgang Porsche, and other family members to discuss the rift his comments appear to have opened up, sources said....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Crossovers to boost awd suppliers for rest of the decade

April 15, 2015 06:15 CET

Booming demand for SUVs and crossovers in Europe and China will keep benefiting suppliers of all-wheel-drive technology such as GKN Driveline, BorgWarner and JTEKT for the rest of the decade....
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HANS GREIMEL

BLOG: Mazda gets artsy in Milan

7:38 am U.S. ET | April 14, 2015

Is Ikuo “Speedy” Maeda, the black-clad lead stylist at Mazda, making good on his ambition to launch a designer goods line tied to the Japanese carmaker?...
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ThyssenKrupp plans to sell axle systems unit, report says

9:40 am U.S. ET | April 14, 2015

German steelmaker ThyssenKrupp is selling its automotive contract assembly unit, which makes axle systems for car makers, as it seeks to streamline its activities and beef up profitability, two sources familiar with the deal told Reuters....
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Is Germany making too many luxury cars?

8:39 am U.S. ET | April 14, 2015

Massive sales gains present some tricky terrain for a luxury brand. The appeal of a German-born luxury car, at least in part, is the air of exclusivity. So how do Germany's car bosses deal with that potential stigma?...
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UK tribunal cuts fine against accountancy firm over MG Rover work

April 14, 2015 12:53 CET

A UK tribunal has cut a 14 million pound ($20.5 million) fine against accountancy firm Deloitte in relation to work done for carmaker MG Rover Group. The British automaker was put into administration in 2005 with debts of 1.4 billion pounds and the loss of 6,000 jobs....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Renault Kadjar, VW Tiguan will help drive compact SUV sales past 2 million

April 14, 2015 06:15 CET

Rivalry in Europe's compact SUV/crossover segment will intensify as more brands compete with refreshed models or all-new entries such as the Renault Kadjar. By 2020 sales in the segment are forecast to double to more than 2 million....
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Valeo says Audi will use its supercharger to reduce lag and save fuel

April 13, 2015 06:01 CET

Valeo says other automakers likely will follow Audi in using its electric supercharger that boosts an engine's acceleration while also saving fuel. The supplier said Audi will launch a production car with the supercharger next year....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Automakers defend diesels, call them key to meeting CO2 goals

April 13, 2015 06:15 CET

Automakers in Europe are calling for long-term clarity on legislation that affects diesels after some governments, including France, started to discourage buyers from purchasing vehicles that use the fuel because of air pollution concerns....
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Ford bullish on Russia as it takes control of local JV

April 10, 2015 11:58 CET

Ford says it has confidence in the Russian market despite collapsing vehicle sales. Ford is taking control of its Russian joint venture with Sollers and providing it with additional financial support. The automaker started production of its latest Mondeo at its St. Petersburg plant, the first of at least four new models the company plans to launch in Russia this year....
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