News [5]

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.

VW headquarters raided again in diesel probe
4.December 2019

Volkswagen Group’s headquarters in Wolfsburg, Germany, was raided by public prosecutors on Tuesday in the latest investigation into the automaker’s diesel emissions scandal.

Daimler could face further diesel recalls
3.December 2019

Daimler could face further recalls related to manipulated diesel engines in some of its Mercedes-Benz compact models, weekly magazine Der Spiegel said on Friday, without citing sources.

BMW, Daimler, VW fined for steel cartel
25.November 2019

Germany’s cartel authority said it was fining BMW, Volkswagen Group and Daimler a total of 100 million euros ($110.84 million) for unlawful actions in relation to steel purchases.

European sales rise 9% in October
19.November 2019

European new-car sales rose 8.6 percent in October, driven by robust demand in Germany and France and a rebound in demand for Volkswagen Group brands that were hit by the introduction of new emissions rules last year.