Europe

New-Car Deliveries Fall 2% in France

August 05, 2019 at 1:47 AM

Retail sales of new passenger vehicles in France slipped 2% to 172,200 units in July in spite of one more selling day during the month this year.

Report: Renault, Nissan in Talks that Could Revive FCA Merger

August 05, 2019 at 12:22 AM

Renault and Nissan are discussing ways to rebalance their 20-year-old alliance. A solution could revive merger talks between Renault and Fiat Chrysler Automobiles.

Trump Jokes about Tariff Deal on German Cars

August 02, 2019 at 4:24 PM

President Donald Trump flippantly suggested today that the European Union was close to agreeing on a 25% tariffs on German luxury cars shipped to the U.S.

ZF Cuts Sales, Earnings Outlook

August 02, 2019 at 3:30 PM

ZF Friedrichshafen AG has joined a long list of automotive suppliers in predicting leaner results this year than previously expected.

U.K. Ponders Post-Brexit Free Trade Zones

August 02, 2019 at 3:08 AM

Britain’s newly elected government is studying a scheme that would create as many as 10 free ports to avoid tariffs after the U.K. exits the European Union.

BMW to Britain’s PM: “Listen to the Economy”

August 01, 2019 at 4:41 PM

BMW CEO Harald Krueger urges U.K. Prime Minister Boris Johnson to “listen to the economy and listen to the people” about Brexit.

BMW’s Quarterly Net Profit Drops 29%

August 01, 2019 at 2:33 AM

BMW AG’s second quarter saw gains in unit deliveries and revenue but sharp declines in pretax and net earnings.

Auto Slowdown Threatens German Economy

August 01, 2019 at 1:51 AM

Production by Germany’s automotive sector shrank 12% in the first half of 2019, threatening the health of the country’s economy.

FCA Remains Open to Merger Options

July 31, 2019 at 5:09 PM

Fiat Chrysler Automobiles CEO Mike Manley tells analysts the company remains open to revive merger talks with Renault or begin them with another partner.

Hamburg to Test Autonomous Shuttle Bus

July 31, 2019 at 1:23 PM

The Hamburg Electric Autonomous Transportation (HEAT) coalition plans to begin testing a self-driving shuttle bus on public streets in August.

Ex-Audi Chief Stadler Charged in Diesel Scandal

July 31, 2019 at 11:47 AM

Rupert Stadler, the former CEO of Audi AG, has been charged by prosecutors in Munich of covering up the company’s cheating on diesel emission certification tests.

FCA’s Second-Quarter Profit Jumps 14%

July 31, 2019 at 10:57 AM

Fiat Chrysler Automobiles NV’s reports a 14% gain in net profit in April-June, even though unit sales and revenue fell.