Europe

No-Deal Brexit Seen as “Catastrophic” to British Auto Industry

November 28, 2018 at 2:43 AM

Damage to the British auto industry will be “catastrophic” if the U.K. leaves the European Union next spring with no trade deal, the Society of Motor Manufacturers and Traders warns.

Renault Launches Audit of Ghosn’s Pay

November 28, 2018 at 12:19 AM

Renault SA has opened an internal audit into the compensation it paid Chairman and CEO Carlos Ghosn.

WPP Picks Up VW’s U.S. Creative Ad Work

November 27, 2018 at 2:49 PM

London-based ad agency WPP has won Volkswagen AG’s VW brand creative business in North America after a seven-month review.

Audi, Airbus Test Flying Taxi Prototype

November 27, 2018 at 1:17 PM

Audi AG and Airbus SE tested a one-fourth size prototype of their Pop.Up next flying car concept at this week’s Amsterdam Drone Week conference.  

Bentley Raises the Roof on Continental Droptop

November 27, 2018 at 10:30 AM

Volkswagen AG’s Bentley unit says its redesigned Continental GT convertible features a new soft-top roof that is quieter, faster to operate and more customizable than the outgoing model.

Renault-Nissan-Mitsubishi CEOs to Review Their Alliance

November 27, 2018 at 2:30 AM

The CEOs of Renault, Nissan and Mitsubishi Motors plan a one-hour teleconference on Nov. 29 to discuss the future of their alliance, according to media reports.

FCA Ponders Sale of Comau Robotic Unit

November 27, 2018 at 2:04 AM

Fiat Chrysler Automobiles NV is studying a plan to sell its Comau automation and robotics business for as much as €2 billion ($2.3 billion), sources tell Bloomberg News.

Nissan’s CEO: Ghosn Had Too Much Power

November 27, 2018 at 1:50 AM

Nissan Motor Co. CEO Hiroto Saikawa told employees yesterday that ousted Chairman Carlos Ghosn had amassed too much power.

FCA to Boost SUV Production in Italy

November 27, 2018 at 12:38 AM

Fiat Chrysler Automobiles NV reportedly plans to hike output at underutilized factories in Italy by boosting their output of SUV/crossover vehicles.

Aston Martin Expands Growth Targets

November 26, 2018 at 3:11 PM

Aston Martin Lagonda Ltd. plans to more than double its annual vehicle production from an estimated 6,400 units this year to 14,000 by 2025, CEO Andy Palmer tells Reuters.

Audi: No Plans for TT Sedan

November 26, 2018 at 2:11 PM

Countering a report earlier this month, Audi AG says it has no plans to produce a sedan version of its tiny TT sport coupe.

Denso Buys Stake in Infineon

November 26, 2018 at 1:43 PM

Denso Corp. has acquired an unspecified stake in Infineon Technologies AG, a Munich-based manufacturer of semiconductor chips.