News Analysis Renault turns to PSA veteran Le Borgne to improve synergies Renault's new engineering chief, Gilles Le Borgne, was blunt in his diagnosis of the automaker's shortcomings. "Engineering and capex-wise, we are really far from excellence," he told investors. Automakers Jaguar Land Rover shelves plan to sell bonds to raise cash, report says Geneva Auto Show Renault Morphoz previews electric future Automakers Daimler warns of 'significant adverse effects' of virus outbreak Automakers Nissan, Honda delay restart of some China plants due to coronavirus Automakers VW owners seek to disqualify judge in U.S. diesel-cheating suit for 'favoritism' On the Move Honda taps Europe chief to lead China operations Automakers Peugeot targets Landtrek pickup at emerging markets On the Move Pininfarina hires former BMW exec Rice as design chief Automakers Daimler extends contract of China chief Hubertus Troska will lead Daimler's China business for another five years after Mercedes passed Audi last year to become the country's best-selling luxury car brand. Blogs Why a former Bernstein analyst could help Daimler from the inside Former Bernstein analyst Max Warburton's "out of the box" views could help CEO Olla Kallenius to get more bang from his investment buck at Daimler. Sales by Market China sales slump 92% in first half of February on coronavirus Customers are staying at home rather than visiting dealerships, the country’s industry association says. Suppliers Valeo looks to outperform auto market in 2020, restarts China plants The supplier said it had resumed production at 32 plants in China. It reported 2019 sales of $21 billion. Automakers Tesla resumes tree cutting in Germany for new European factory Tesla plans to build several models at the plant starting with the Model 3 and Model Y. The factory is due to open in July 2021. Automakers VW to resume talks over German class action on emissions Nearly all U.S. owners of VW diesel cars with rigged engines took part in a $25 billion settlement but the automaker has declined to give compensation to owners in Germany. Suppliers Plastic Omnium revenue rises 11 percent in 2019 The supplier of exterior parts and fuel systems reported strong growth but operating margin fell due to depreciation and difficulties at a new U.S. factory. Suppliers Coronavirus impacts Aptiv revenue by $150-$200 million The supplier anticipates production delays through February with some plants resuming operations in mid-to-late February, working to achieve full production through March. On the Move VW will start search for new CFO, report says VW Group Chief Financial Officer Frank Witter, who was instrumental in steering the automaker through its costly diesel scandal, will step down next year, Bloomberg reported. Automakers Japan sets up task force to deal with coronavirus impact on auto industry The group will monitor developments and coordinate communication, and work with the Japanese government on measures to ensure the smooth flow of components through supply chains. Load More Monthly E-Magazine View latest issue See our archive Talk from the Top 2019 View issue SEE OUR ARCHIVE Sign up for free newsletters Europe Breaking News Alerts (as needed) Europe Daily Summary (weekdays) Europe E-Magazine (monthly) Automotive News China Newsletter (twice weekly) EMAIL ADDRESS Please enter a valid email address. Please enter your email address. Please select at least one newsletter to subscribe. You can unsubscribe at any time through links in these emails. For more information, see our Privacy Policy.
