Europe

Car Production in U.K. Hits 9-Year High

February 23, 2017 at 12:35 AM

The U.K.’s output of new vehicles grew 8% to 147,900 units in January, its greatest volume for the month since 2008, according to the Society of Motor Manufacturers and Traders.

VW in Talks with Tata on Joint Vehicle Programs

February 23, 2017 at 12:04 AM

Volkswagen AG is in advanced negotiations with Tata Motors Ltd. about jointly developing inexpensive cars for emerging markets, sources tell Bloomberg News.

PSA Targets €2 Billion Savings in Opel Acquisition

February 22, 2017 at 3:14 PM

PSA Group estimates that acquiring Adam Opel AG from General Motors Co. will hike the company’s global car sales to 5 million units and save the two operations as much as €2 billion ($2.1 billion) per year, sources tell Reuters.

Lawmakers Question Abrupt Exit of VW Compliance Chief

February 22, 2017 at 2:59 PM

German lawmakers are calling for an investigation into the sudden departure of Volkswagen AG’s chief compliance officer last month, only a year after she was hired, Spiegel Online reports.

VW Boosts Output of e-Golf Electric Car

February 22, 2017 at 10:36 AM

Volkswagen AG says the 2017 e-Golf electric vehicle will generate 134 hp and 214 lb-ft of torque, up 16% and 8%, respectively, compared with the outgoing model.

JLR Confirms Velar Name for New Crossover

February 22, 2017 at 8:44 AM

Jaguar Land Rover Ltd. says it will call its upcoming sporty crossover/SUV the Range Rover Velar, confirming media reports earlier this month.

Mobileye Adds BMW to Data Mapping Effort

February 21, 2017 at 2:45 PM

Mobileye NV has inked a deal with BMW AG to install the Israeli telematics specialist’s data generation technology in 2018 Bimmers to generate and update high-definition (HD) maps.

PSA Vows to Honor Job Guarantees in Opel Bid

February 21, 2017 at 1:28 PM

PSA Group says it will abide by existing job guarantees for Adam Opel AG workers “in the European countries” if it successfully acquires Opel from General Motors Co.

VW Group Sales Slide 4%

February 21, 2017 at 12:00 AM

Volkswagen Group reports its global sales in January shrank 4% to 813,700 units.