Retail

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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Fiat will export new compacts to EU from Turkey, Marchionne says

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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Mercedes sales rise 15% in Feb. on Europe demand

March 6, 2015 12:43 CET
Mercedes brand sales increased 15 percent in February, driven by robust demand in Europe and strong global sales of its C class, compacts and SUVs....
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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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Renault Megane will get sleeker design

March 6, 2015 06:01 CET
The next Renault Megane will have a new platform and sportier styling as the automaker seeks to boost demand for a core model whose sales are flagging because of competition from fresher rivals....
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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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GM hires new media-strategy director

12:33 pm U.S. ET | March 5, 2015
General Motors has hired Jonathan Halvorson as director of global media strategy and branded entertainment. The appointment is effective April 1....
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Continental 'interested' in being partner on possible Apple car

March 5, 2015 11:50 CET
Continental would be interested in acting as partner for technology giant Apple if the tech company decides to build a car, CEO Elmar Degenhart said....
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Lower oil prices to boost global auto sales 1.5%, forecast says

9:53 am U.S. ET | March 5, 2015
Falling oil prices will boost global auto sales 1.5 percent through 2019, with the biggest windfalls coming in North America, IHS Automotive said in a new forecast....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Record-breaking Rolls-Royce expects further gains from growing lineup

March 5, 2015 06:01 CET
Rolls-Royce set a new sales record in 2014 and looks likely to keep raising deliveries in the future following the announcement last month that it would develop an ultraluxury SUV. Torsten Mueller-Oetvoes, the brand's CEO, discussed this and other topics with Automotive News Europe....
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BMW CEO Reithofer sees challenges mounting for his successor

March 4, 2015 21:46 CET
The new boss of BMW Group, Harald Krueger, will have to cope with the rise of electric cars, automated driving and new competitors, as well as the traditional uncertainties over consumer demand and fuel prices, the company's outgoing CEO, Norbert Reithofer, said....
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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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U.S. light-vehicle fuel economy slips 0.2 mpg in February, report says

3:47 pm U.S. ET | March 4, 2015
The average fuel economy of light vehicles sold in the U.S. decreased 0.2 mpg last month from January, likely because of severe weather in much of the country, according to a monthly report by the University of Michigan Transportation Research Institute....
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AutoNation's 8% sales gain beats market for Feb.

11:14 am U.S. ET | March 4, 2015
AutoNation said its new-vehicle retail sales jumped 8 percent in February compared to a year earlier, reaching 23,780 new units....
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Ram will expand lineup of CNG-powered trucks

1:11 pm U.S. ET | March 4, 2015
Fiat Chrysler is expanding the availability of compressed natural gas on its heavy duty Ram pickup. The CNG-fueled truck, originally engineered for fleet operators, is available now only in a four-door crew cab, four-wheel-drive and long-bed model. This fall, the truck will be offered in a regular cab two-door body style with two-wheel drive and a long bed....
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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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HANS GREIMEL

BYD heralds its vehicle sales in Japan

1:04 pm U.S. ET | March 4, 2015
Can the Chinese succeed where the Koreans and Americans largely have failed: penetrating Japan's auto market?...
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JIM HENRY

The auto fallout from tax refund delays

11:45 am U.S. ET | March 4, 2015
Tax refund season is typically the high point of the year for subprime auto lenders, but so far the early tax refund statistics are down slightly from a year ago....
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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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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Lamborghini CEO takes aim at another sales record

March 4, 2015 06:30 CET
Lamborghini CEO Stephan Winkelmann is bullish about the supercar maker's future after setting a new sales record last year and entering 2015 with a "solid order book." Winkelmann discussed this as well as Lamborghini's response to tougher CO2 emissions rules with Automotive News Europe....
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PSA may expand sales of Citroen C4 Cactus to China

March 4, 2015 06:01 CET
PSA may expand sales of its Citroen C4 Cactus to China in a sign that a repositioning of the brand is bearing fruit. Sales of the hatchback have topped 50,000, beating expectations....
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FEBRUARY U.S. AUTO SALES

U.S. sales rise 5.3% as wintry weather takes toll

8:00 am U.S. ET | March 3, 2015
Toyota and Subaru joined a handful of smaller automakers in posting double-digit U.S. sales increases for February as severe winter weather crimped demand more than analysts had forecast. Most companies posted modest gains as the overall industry rose 5.3 percent. While last month's pace trailed January's hot start, the industry has taken solid early strides towards its sixth year of sales advances since the recession....
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Fiat Chrysler rises 6% on SUV, pickup, Chrysler 200 demand

10:00 am U.S. ET | March 3, 2015
Strong sales of Jeeps, Ram pickups and the Chrysler 200 pushed Fiat Chrysler sales up 5.6 percent in February. FCA US reported sales of 163,586 vehicles in February, its 59th consecutive month of year-over-year sales increases in the United States....
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Hyundai-Kia ride Sonata, Genesis to 7% gain

4:00 pm U.S. ET | March 3, 2015
Korean siblings Hyundai and Kia, which combined are the seventh-largest seller of cars in the U.S., posted a 7 percent sales increase in February, giving the group a better result than any top-six automaker except Toyota....
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Lexus jumps back into U.S. luxury race; BMW tops Mercedes

3:39 pm U.S. ET | March 3, 2015
With a new entry in the hot-selling compact crossover segment, Toyota's Lexus brand has gotten itself back in the hunt for the U.S. luxury auto-sales crown....
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