News [4]

Coronavirus crisis threatens Geneva Motor Show
19.February 2020

Following the news that this year’s Beijing auto show – planned for April – is being postponed due to the coronavirus health crisis; the coronavirus public health crisis alone puts a big question-mark next to this year’s Geneva Motor Show, scheduled for March.

VW postpones restart of China production
9.February 2020

Volkswagen Group has postponed the resumption of production at its China joint ventures, in the latest sign of the coronavirus’s impact on economic activity.

European automotive outlook 2020
3.February 2020

Automakers face twin short-term challenges: the transition toward producing a higher share of electric vehicles in response to tightening emission legislation and declining volumes in their biggest markets: Europe, China, US.

Europe’s auto industry faces a tough 2020
21.January 2020

Following the new and tighter EU CO2 emissions rules for cars sold in Europe coming into effect in 2020, David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view.

Nissan examines split from Renault
14.January 2020

Nissan has stepped up contingency planning for a possible split from Renault, according to the Financial Times, which cited people familiar with the matter.

SEAT boss steps down as Renault seeks new CEO
8.January 2020

The head of Volkswagen Group’s Seat brand, Luca de Meo, is stepping down with immediate effect. De Meo will be replaced by the brand’s finance chief, Carsten Isensee, until further notice, Seat said in a statement on Tuesday.

Rolls Royce delivers historic record
7.January 2020

Rolls-Royce Motor Cars has delivered an historic annual sales record in 2019, with a global performance unequalled in the company’s 116-year history. A total of 5,152 cars were delivered to customers in over 50 countries around the world, an increase of 25% on the previous high set in 2018.

FCA passenger cars to move to PSA platforms
20.December 2019

In outlining the industrial side of their merger, PSA Group and Fiat Chrysler Automobiles said that more than two-thirds of their production would be concentrated on just two platforms, with 3 million cars per year on a compact/midsize platform and 2.6 million on a small platform.

VW will decide on $1.4B Turkish plant in Feb.
17.December 2019

Volkswagen Group is not considering other locations for a new multibrand plant besides Turkey, sources said. A decision to build the plant in Turkey is still on hold and will not be made until February, sources familiar with the matter told Automobilwoche.

Renault offers CEO job to Seat’s De Meo
16.December 2019

Renault has offered Luca de Meo, CEO of Volkswagen Group’s Seat brand, the job of CEO, Spanish newspaper La Vanguardia reported on Saturday, citing anonymous sources.

Europe may tighten CO2 emissions targets
12.December 2019

Automakers selling cars in the EU may face tougher CO2 emissions reduction targets after the European Commission signaled it will review goals already set for 2030.