Europe

Skoda profit jumps 46% in 2014 on record sales

March 16, 2015 14:39 CET

Skoda raised net profit by 46 percent to 665 million euros in 2014 after selling more than 1 million cars for the first time in its history....
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Cadillac Europe will be run by former BMW executive

March 15, 2015 06:01 CET

GM has appointed veteran BMW executive Andreas Schaaf as its new Cadillac chief in Europe. Schaaf replaces Thomas Sedran, a former interim CEO at Opel, who is leaving the automaker....
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Fans demand BBC reinstate 'Top Gear' host Clarkson

1:34 pm U.S. ET | March 11, 2015

Nearly 450,000 fans from around the world have backed a petition calling for British presenter Jeremy Clarkson to be reinstated to his job hosting the "Top Gear" motoring show after the BBC suspended him following a "fracas" with a producer....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

BMW, VW changes shake up Germany's top auto ranks

March 11, 2015 06:01 CET

When Harald Krueger becomes CEO at BMW Group and Herbert Diess takes over as boss of the VW brand this year, four of the six heads of Germany's biggest automotive brands will be in their early or mid-50s, marking a generational shift for the industry....
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Skoda's 2018 sales goal at risk on Russia slump

March 11, 2015 06:01 CET

Skoda may need an extra year to reach its target of selling 1.5 million vehicles annually because of Russia's slumping car market, sales chief Werner Eichhorn told Automotive News Europe. The current deadline is 2018....
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Russian car sales fall 38% in February

March 10, 2015 15:30 CET

Russia's new-car sales fell 38 percent to 128,298 vehicle in February as consumers continued to avoid big purchases in an ailing economy plagued by a weakening ruble and Western sanctions over the conflict in Ukraine....
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NICK GIBBS

BLOG: Why McLaren can be profitable without an SUV

11:45 am U.S. ET | March 10, 2015

McLaren Automotive CEO Mike Flewitt says the supercar maker doesn't need an SUV to generate the cash required to keep renewing its range....
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NICK GIBBS

BLOG: Why McLaren can be profitable without an SUV

12:01 am U.S. ET | March 10, 2015

McLaren Automotive CEO Mike Flewitt says the supercar maker doesn't need an SUV to generate the cash required to keep renewing its range....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Automakers, greens disagree on the true cost of meeting EU's CO2 regulations

March 10, 2015 06:01 CET

Automakers say the cost to meet tough European CO2 emissions limits that take effect in 2021 is rising rapidly, according to an analyst report, a view not shared by environmentalists....
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Ford's Odell, Farley inherit each other's challenges in new roles

12:01 am U.S. ET | March 8, 2015

When you talk to Ford Motor Co.'s "trading places" executives, Stephen Odell and Jim Farley, it's clear: They have inherited each other's challenges. And it's hard to say who got the better deal....
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Fiat will export new compacts to EU from Turkey

March 6, 2015 06:01 CET

Fiat Chrysler will begin sales of a Turkey-built hatchback and station wagon in Europe's key compact segment next year, CEO Sergio Marchionne said. The new models will plug a big hole in Fiat's European product lineup. The compact car segment, led by the VW Golf, is Europe's second biggest by sales after subcompacts....
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Ford to cut 500 jobs at B-Max plant in Romania

March 6, 2015 16:31 CET

Ford will lay off about 500 people at its B-Max plant in Romania this year, less than the 680 initially envisioned. Ford began building the subcompact minivan at the plant three years ago, but low demand has led to multiple production stoppages....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

SUVs poised to boost sales in Europe's priciest niche

March 6, 2015 06:01 CET

Sales in Europe's most exclusive car segment are poised to top 10,000 units in 2015 and will continue to grow in 2016 and beyond because of the arrival of as many as five SUVs from ultraluxury brands such as Bentley, Maserati, Rolls-Royce, Aston Martin and Lamborghini....
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Euro weakness, exports lift southern Europe car output

March 6, 2015 06:01 CET

While southern Europe is experiencing at best a patchy economic recovery, the outlook for the region's carmakers is a little less bumpy thanks to the weak euro, cheaper oil and labor reforms. Fiat, Ford and GM have boosted output in Spain and Italy....
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VW's German workers get 3% wage increase

March 5, 2015 12:56 CET

Volkswagen will give workers at German plants a 3.4 percent wage increase even as the automaker looks to boost profitability by cutting costs....
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Fiat Chrysler's Polish plant will build restyled Fiat 500, Lancia Ypsilon, reports say

March 5, 2015 11:09 CET

Fiat Chrysler will start producing restyled versions of its Fiat 500 and Lancia Ypsilon models this year at its Tychy plant in Poland, reports said. The plant already builds the current versions of the two models alongside Ford's Ka minicar....
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Ford warns on UK leaving EU

March 4, 2015 16:23 CET

Ford of Europe CEO Jim Farley said the UK needs to stay in the EU to keep its manufacturers at the forefront of global production. "We really believe that the UK being part of the EU is critical for business," Farley said in a radio interview....
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Fiat brand will never again be a mass-market player in Europe, Marchionne says

March 4, 2015 19:42 CET

The Fiat brand will never again be a mass-market marque in Europe, Fiat Chrysler CEO Sergio Marchionne said. The change reflects Fiat's increasing strategic emphasis on profit and brand discipline....
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Chevy Bolt EV variant may be sold as an Opel in Europe, sources say

March 4, 2015 19:08 CET

General Motors may sell a version of the Chevrolet Bolt electric car in Europe as an Opel/Vauxhall model, company sources said....
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Toyota promotes Europe CEO Leroy to new global role

March 4, 2015 09:55 CET

Toyota will add Europe boss Didier Leroy to its board and promote him to global head of business in developed countries in a wider management shuffle. Johan van Zyl, currently CEO of Toyota's Africa region, will become Europe chief....
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AvtoVAZ raises Lada prices again on weak ruble

March 4, 2015 15:21 CET

Russian automaker AvtoVAZ has raised the prices of its Lada cars for the second time this year because of the weaker ruble. The automaker said prices rose by 4.8 percent on average after an increase of around 9 percent in January this year....
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LUCA CIFERRI

BLOG: Leroy's Toyota Europe success brings reward

6:34 am U.S. ET | March 4, 2015

When Didier Leroy was promoted to head Toyota's European operations in April 2011, his goal was to return the region to sustainable profitability. After a three-year plan that has brought success step-by-step, he now gets a new role with even more responsibility....
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2015 GENEVA AUTO SHOW

Opel/Vauxhall touts connectivity as OnStar rolls out in Europe

March 3, 2015 18:43 CET

Opel/Vauxhall believes its OnStar digital service will help it win new customers, boost sales and return to profit after it begins to roll out the service in 13 European markets including Germany, the UK, France, Italy and Spain....
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Opel, VW CEOs cautious on Europe sales growth amid Russia crisis

March 3, 2015 09:14 CET

Europe's carmakers are benefiting from robust demand for passenger cars in most of the region although the slumping Russian market continues to cast a shadow, making forecasts increasingly difficult, Opel CEO Karl-Thomas Neumann and VW boss Martin Winterkorn said....
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DAVE GUILFORD

BLOG: Ford, Farley hope for success in U.S.-Russian diplomacy

12:01 am U.S. ET | March 3, 2015

Jim Farley, newly installed as head of Ford of Europe, on Monday vowed that the money-losing unit is “going to make progress in spite of the headwinds.”...
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