Europe

VW considers exporting Russia-built cars as market slumps

Aug. 26, 2015 18:50 CET

Volkswagen may export Russia-built cars to other countries to offset collapsing sales in the crisis-hit market. The automaker builds VW brand and Skoda vehicles at its Russian plant south of Moscow....
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Europe sales advance 9% in July as economies rebound

Aug. 24, 2015 06:01 CET

European new-car registrations rose 9.1 percent in July as recession-hit countries such as Portugal and Ireland, along with the major markets of Germany, the UK, France and Italy, performed strongly....
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UK car output falls 11% as plants retool for new models

Aug. 20, 2015 11:34 CET

UK car production fell by 11 percent in July as changes to holiday patterns and upcoming new launches such as the Vauxhall/Opel Astra resulted in early annual shutdowns at some plants....
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U.S. watchdog joins German investigation of Ford, report says

Aug. 18, 2015 18:07 CET

The United States' securities watchdog is helping German prosecutors to investigate the alleged payment of bribes by Ford to speed the passage of containers through Russian customs, Reuters reported....
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2015 FRANKFURT AUTO SHOW

Kia gives Sportage sleeker look, upscale interior

Aug. 18, 2015 06:01 CET

Kia has given its Sportage a sleeker look and an upscale interior to help the model compete better in the tough compact SUV segment. The new Sportage will have Kia's "most refined, highest-quality cabin to date," the automaker said. The SUV will debut next month in Frankfurt....
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Toyota ends Land Cruiser production in Russia but remains bullish on market's prospects

Aug. 18, 2015 12:31 CET

Toyota has ended production of the Land Cruiser Prado SUV in Russia but will not pull out of the crisis-hit market. The company said its plan to double annual output at its St. Petersburg plant is still on track....
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NEWS ANALYSIS

Automakers in Russia left with nowhere to turn as economic woes deepen

Aug. 18, 2015 11:08 CET

Automakers building cars in Russia such as VW and Ford have been hit as the ruble's steep decline increases the cost of foreign parts they import. Companies are being forced to increase car prices despite the country's economic crisis that leaves consumers with little money for big purchases....
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Former Porsche communications chief charged with aiding market manipulation

Aug. 17, 2015 16:17 CET

A German prosecutor charged Porsche's former communications chief, Anton Hunger, with aiding market manipulation related to the purchase of Volkswagen Group shares, after dropping identical charges against Porsche's supervisory board....
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JESSE SNYDER

BLOG: Why Jaguar Land Rover picked 'Detroit East'

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

Jaguar Land Rover's selection of Nitra, Slovakia, for its next assembly plant dashed hopes in the U.S., Mexico and Poland. Was Slovakia's pick just another low-wage choice? Hardly....
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Siemens CEO sees German car industry slowing in 2016

Aug. 17, 2015 06:01 CET

Germany's exporter-heavy auto industry could be poised for a slowdown next year as demand in foreign markets slows, Siemens CEO Joe Kaeser said in a newspaper interview. "I would not be surprised if we see a darkening in the automobile sector in 2016 or 2017," Kaeser said....
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JESSE SNYDER

Why JLR picked 'Detroit East'

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

Jaguar Land Rover's selection last week of Nitra, Slovakia, for its next assembly plant dashed hopes in the U.S., Mexico and Poland. Was Slovakia's pick just another low-wage choice? Hardly....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

BLOG: Turin auto show reboot provides hope

12:01 am U.S. ET | Aug. 14, 2015

Many European cities have lost or downsized their auto shows in recent years because they cannot compete with Europe's Big Three. Despite this, there was a promising innovation in June in Turin....
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Fiat Chrysler poised to keep momentum after Ferrari spinoff

Aug. 14, 2015 17:22 CET

A recovering European car market, improving margins and well-received new models have made some analysts more bullish that Fiat Chrysler's shares will continue to rise even after it spins off Ferrari....
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German prosecutors drop case against Porsche board

Aug. 14, 2015 18:20 CET

German prosecutors have dropped a case against members of Porsche Automobil's supervisory board, which includes Ferdinand Piech and Wolfgang Porsche, for suspected market manipulation. But they are still pursuing a separate case against Porsche's former CEO and CFO....
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Mercedes' China surge pushes it past BMW, Audi in July

Aug. 14, 2015 11:55 CET

Mercedes sold more luxury cars worldwide than the Audi and BMW brands in July as its rising deliveries in China defied a market slowdown there. Mercedes' surge left it just 272 units behind Audi after seven months for second place in the global premium-car sales race....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Auto sector takes hit in Q2

Aug. 14, 2015 06:01 CET

As European stock markets retreated in the second three months of this year automakers and suppliers relinquished some of the strong gains they had recorded in shareholder value in the first quarter. The latest Automotive News Europe/PricewaterhouseCoopers Transaction Services Shareholder Value Indices reveal that the value of automakers in Q2 fell 6.5 percent while the value of their suppliers dipped 0.5 percent....
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Spain's 2015 sales forecast to top 1 million

Aug. 13, 2015 06:01 CET

New-car sales in Spain are forecast to increase by 23 percent this year to top 1 million for the first time in five years as the country's economic recovery takes hold....
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BMW sales rise 5.6% as Europe offsets China slump

Aug. 12, 2015 12:35 CET

BMW Group said on Wednesday that deliveries of its Mini, BMW and Rolls-Royce cars rose 5.6 percent to 173,195 in July to a new record as demand in Europe offset falling sales in China and the U.S....
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Daimler seeks way around France's 35-hour workweek

Aug. 12, 2015 12:23 CET

Daimler is trying to circumvent France's 35-hour workweek. It wants workers in Hambach, where it makes the Smart ForTwo, to put in more hours and has hinted that it may shift production if it cannot reach an agreement with employees....
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Jaguar Land Rover plans new plant in Slovakia

Aug. 11, 2015 10:39 CET

Jaguar Land Rover has signed a letter of intent to build a new car plant in Nitra, western Slovakia. JLR will carry out a feasibility study for the factory, which is expected to open in 2018 and reach an annual output of up to 300,000 vehicles by 2025....
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Russian car sales slump eases on gov't incentives

Aug. 10, 2015 23:59 CET

Russian car sales dropped at the slowest pace since their slump resumed in January as the government used subsidies and other incentives to counter falling consumption....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

New Fiat 500, Italy's rebound poised to boost minicars

Aug. 10, 2015 06:01 CET

Italy's economic rebound and the arrival of the refreshed Fiat 500 will help pull European minicar sales out of a slump that caused the segment to drop to a five-year low in 2014, analysts predict....
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BENTLEY'S HANDCRAFTING WEAPON

Lavishing leather, wood to defend ultraluxury

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

Bentley Motors hopes to distance the British brand from competitors creeping into its ultra-luxury turn with a strategy of handcraftsmanship vs. machines....
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Lifan starts work on assembly plant in Russia

Aug. 9, 2015 06:01 CET

Chongqing Lifan Industry has started work on an assembly plant in Russia's western state of Lipetsk Oblast to build up to 60,000 Lifan cars a year from complete knockdown kits imported from China,...
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

European H1 sales growth tops predictions, but Greece causes concern

Aug. 7, 2015 06:01 CET

Europe's first-half vehicle sales grew by a stronger-than-expected 8.2 percent, a gain that was double even the most optimistic full-year forecast made by analysts at the end of 2014. There are questions marks, however, on whether the upward trend will continue as instability resulting from the Greek crisis could start to affect vehicle sales as early as this month....
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