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Automotive News Europe News Feed
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News as it happens from autonewseurope.com
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TRW CEO sees 'tough year' for Europe
TRW CEO John Plant hopes that a slight shift in Europe toward larger cars after scrappage incentive programs end may help auto suppliers overcome what is expected to be a lean overall autos sales year.
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Volvo sale deal hits snag, Geely chairman tells paper
Zhejiang Geely Holding Group Chairman Li Shufu indicated talks to buy Ford's Volvo car unit had hit a snag due to problems at Ford Motor Co. "If the deal fails, the problem is not on our side.
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Mitsubishi boss defends decision not to deepen ties with PSA
Mitsubishi Motors Corp. President Osamu Masuko challenged widespread views that a strategic partnership is necessary for its survival. Mitsubishi's stock fell this month after the Japanese automaker's said it won't form a capital alliance with PSA.
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Jerry York, who tried to marry GM and Renault-Nissan, dies at 71
Jerry York, who tried to get General Motors to form and alliance with Renault-Nissan in 2006, died Thursday at age 71 after reportedly suffering a brain aneurysm. His death was announced in a statement by Apple Inc.
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Valeo to sell non-core assets in France, UK, U.S. and China
Valeo will sell its speed controller activity as part of a strategy to divest non-core businesses.
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Despite scrappage boost, Ford's Fiesta will not be Europe's No. 1 seller in 2010
A year ago, the VW Golf was Europe's best-selling car with a comfortable lead over the Ford Fiesta.
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McLaren unveils supercar to take on Ferrari
McLaren unveiled the first of a range of supercars that will take its Formula One battle with Ferrari and Mercedes-Benz from the racetrack to the streets.
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Kia plans Slovak engine plant
Kia will invest 100 million euros ($136.6 million) to build a new engine plant at its assembly site in Slovakia.
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Nissan will build the Leaf electric car in UK
Nissan will build the new Leaf electric vehicle at Britain's Sunderland assembly plant starting in early 2013, with initial capacity of 50,000 units. Nissan has already announced production of the Leaf hatchback in Japan and the U.S.
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UK car production shows further rise in February
British car production rose for the fourth successive month in February, with weaker sterling cited as one of the factors helping the industry. Car output rose 62.
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