World news about “Car industry” published by euronews.
Ford quits Australia Ford is to shut its two Australian production plants after 90 years of making cars there. It blamed the strength of the Australian dollar, along with high… 23/05/2013
Major Nissan recall over steering wheel glitch Nissan has issued a recall for more than 840,000 vehicles worldwide. They are the Micra, which is known as the March in some markets, and their Cube… 23/05/2013
European car sales rise, but it is a ‘dead cat bounce’? For the first time in a year and a half, car sales in Europe rose, but without an almost 15 percent increase in Britain they would have been negative again… 17/05/2013
Toyota exceeds expectations and doubles its profits Toyota, the world’s best-selling carmaker, is celebrating higher than expected profits in the three months to March. Aided by the weak yen, the firm has… 08/05/2013
Peugeot Citroen Aulnay plant closure moves nearer With their latest legal challenge dismissed, the unions for workers at PSA Peugeot Citroen’s Aulnay plant near Paris have accepted its closure and the loss of… 29/04/2013
Volvo enjoys a trucking good spring Volvo has posted a surprise jump in first-quarter orders and said it is going to step up production thanks to a more stable market. The statement from the… 25/04/2013
Shanghai on the road to profit for Europe’s carmakers The downturn in car sales in Europe, and the sluggish state of the US economy, make finding new markets a matter of survival for some manufacturers which is… 22/04/2013
Shanghai auto show welcomes a sales hungry world With carmakers gloomy and sales plummeting, particularly in Europe,China has emerged as their saviour. That makes the Shanghai auto show the single most… 19/04/2013
How precious is gold? The price of gold fell recently to its lowest level in two years, was it due for a correction or were discussions that Cyprus could sell much of its reserves… 19/04/2013
European car sales crisis spreads to the north European car sales continue to tumble and the problem is spreading from southern countries to the more prosperous north. For the whole region… 17/04/2013
Massive recall for faulty Japanese airbags Four Japanese carmakers – Toyota, Honda, Nissan and Mazda – are recalling a total of 3.4 million vehicles worldwide to fix faulty airbags. They are made by… 11/04/2013
Growth slowdown stalls Indian car sales Car sales in India fell in the financial year just ended by 6.7 percent. It is the first time in a decade that they have declined, and only subdued growth… 10/04/2013
Renault jobs boost for Spain Some good employment news for Spain as French car manufacturer Renault announced it is to create 700 new jobs in the country. Six hundred will be at its… 28/03/2013
Renault agrees no factory closures Renault has signed a deal with three unions to avoid factory closures. The French car-maker signed the agreement with Force Ouvriere, CFE-CGC and … 14/03/2013
Lamborghini: from nought to 50 In 1963 Ferruccio Lamborghini founded the famed car company of the same name, in Sant’Agata Bolognese, a village in Northern Italy’s “motor land”. For 50… 08/03/2013
Geneva Motor Show: a tale of two markets It is all shiny new cars and beaming smiles at the Geneva Motor Show, but what is the real state of play in the market in Europe and elsewhere? In this… 07/03/2013
Luxury in pole position The car is the star in this edition of News+ as we focus on the Geneva Motor Show. Before speaking to a senior executive with luxury car maker Bentley, we… 06/03/2013
EU and US take their trading places The United States and the European Union will begin free-trade talks this summer as the major economic powers start the long process to reduce trading… 16/02/2013
Record loss for Peugeot Citroën PSA Peugeot Citroën has defended its recovery plan at the same time that it announced its biggest-ever full-year loss. The French carmaker vowed to avoid… 13/02/2013
Peugeot to get state aid, but with conditionsPSA Peugeot Citroen has got temporary approval from Brussels for some of the state aid it is being offered by the French government. The European… 11/02/2013
BMW posts record January group sales BMW has announced group sales that were up by 9.9 percent in January. That is a record for that month. The world’s largest premium carmaker credited growth… 08/02/2013
Toyota looks to profit boost Toyota has raised its annual net profit forecast by more than 10 percent. It is now looking at the equivalent of 6.6 billion euros for the year. That is… 05/02/2013
Chinese buy black cab maker Chinese car maker Geely has bought Manganese Bronze, the maker of London’s famous black taxis. The purchase – for the equivalent of 12.8 million euros –… 01/02/2013
Ferrari’s unveils new F1 carFerrari’s unveiled its new Formula One car at the Maranello factory ahead of its testing in Spain next week. It’s called the F138 with the name reflecting… 01/02/2013
Fiat drives for luxury and full Chrysler ownership Fiat’s latest results showed a reduction in losses in Europe in the fourth quarter, as it unveiled a greater emphasis on the recession-proof luxury market… 30/01/2013
Peugeot- Citroën’s air-powered hybrid To fight against pollution, as well as loud engines, car manufacturers have been working for several years on hybrid cars, cars that switch between using a… 30/01/2013
Toyota is number one again Toyota has regained the number one spot for worldwide sales. Last year drivers bought 9.75 million of its vehicles. As a result the Japanese carmaker… 28/01/2013
Carmakers race ahead in 2013 The world’s biggest car makers have been flexing their muscles – and showing off their muscle cars – in the place they call Motor City – Detroit. The North… 19/01/2013
European car sales slump to 17-year low Sales of new cars in recession-hit Europe fell to their lowest in 17 years last year. That leaves the region’ s mass market manufacturers with little room… 16/01/2013
Motor City gets moving again for 2013 The Detroit Motor Show is putting on a brave face for 2013 – or else it is real confidence flowing from Motor City again as US makers release a slew of new… 14/01/2013
Belgian minister urges car show models to cover up The bodywork of the latest models on display at the Brussels Auto Show has caused a storm in Belgian politics. The country’s Minister of Equal Opportunities… 11/01/2013
Crisis crashes Peugeot Citroen’s sales Struggling French carmaker PSA Peugeot Citroen’s global sales have plunged. As the eurozone crisis hit consumer demand in Europe, Peugeot’s sales outside… 09/01/2013
Peugeot and GM change alliance plans General Motors and Peugeot Citroen have announced the revised terms of their joint venture. Plans to produce a mid-sized car have been scrapped, but they… 20/12/2012
Renault plant for Algeria after 33-year absence French President Francois Hollande started his two-day state visit to Algeria with a big commercial announcement in the form of plans by Renault to build a… 19/12/2012
Europe’s car sales slump deepens There was no sign of improvement in European car sales as the year end neared. Most of the top manufacturers saw fewer vehicles being driven out of their… 14/12/2012
Renault ends Volvo link, shares rise French carmaker Renault was the second best performer on the Cac40 on Thursday after it said it was selling off its stake in the Swedish truckmaker. Watch… 13/12/2012
Renault seals deal with Lada maker Renault-Nissan has finalised a long-awaited deal to take control of Russia’s AvtoVAZ – best known for its Lada models. That builds on a partnership which… 12/12/2012
Opel set to close production plant in Germany Opel’s production plant at Bochum in Germany is set to stop production in three years’ time. The loss-making German arm of General Motors will end making cars… 10/12/2012
Renault loses momentum Poor sales in November meant Renault saw its shares slump on Monday in Paris. The second largest French carmaker has been the hardest hit by the depressed… 03/12/2012
Car show reflects China’s growing impact The Guangzhou motor show opened to reflect China’s breakneck development in car manufacturing. The sluggish economy hit sales last year with a growth of… 22/11/2012
Toyota recalls for the second time in two months Toyota are recalling almost three million cars worldwide. The worst affected model is the Prius with a steering problem at low speeds. Six hundred and… 14/11/2012
Intelligent tyres Italian tyre manufacturer Pirelli has launched a new product – Cyber Fleet is an intelligent tyre designed for lorries that uses an electronic sensor to… 14/11/2012
A tyre revolution A new generation of car tyres is being made with a list of intriguing ingredients. Peter Snel, group head of R&D at Dutch tyre specialist Apollo Tyres… 07/11/2012
BMW loses cruise control For the first time, German carmaker BMW says it is beginning to feel some headwinds in Europe, and that has spooked investors. Despite the latest quarterly… 06/11/2012
Toyota number one again Toyota sold 7.4 million vehicles worldwide in the first nine months of the year, beating GM and Volkswagen to regain the top seller title. The Japanese… 05/11/2012
Volvo trucking on Sweden’s Volvo was able to limit its losses on Wednesday in Stockholm as Europe’s stock markets rebounded later in the session. Shares of the world’s… 24/10/2012
GKN warning drives down shares When carmakers suffer, car parts makers also feel the pain and Britain’s GKN saw its shares fall after warning the economic slowdown in Europe would have a… 16/10/2012
Ferrari boss wants better future for his country Ferrari president Luca Cordero di Montezemolo was in Paris for the World Automobile Fair. Euronews spoke to him about the state of the car industry, sports… 05/10/2012
Low interest rates fuel US car sales rebound Good news for the US economy as car sales there rose last month by the most since before the start of the financial crisis and recession four and a half years… 03/10/2012
Innovation at the forefront at Paris Motor Show The car industry is always open to the advancement of technology. Not only because the car remains one of the most popular and necessary products in the… 02/10/2012
Crisis overshadows Paris Motor Show Driving ahead in the face of falling sales, carmakers are unveiling over 100 new models at the Paris auto show. The European market is the world’s most… 27/09/2012
Japan carmakers to cut China output Japanese carmakers has said they are cutting back production in China, anticipating lower sales. That followed widespread anti-Japan protests over a group… 26/09/2012
Hackers steer a new route – to your car Cars which lock without using keys can be hacked into as easily as any other computerised device. Just as you lock it with your remote control, the thief… 25/09/2012
Car-free day in Brussels – nocomment Brussels’ streets were free of cars and heavy traffic on Sunday (September 16) as it celebrated its 11th annual car-free day, marking a week when cities… 18/09/2012
Fiat confirms Italian investment plan at risk Italian carmaker Fiat has again said all bets are off as far as its 2010 “Fabricca Italia” project goes. After stunning the workforce and markets alike by… 17/09/2012
Car industry’s bumpy road, who’s to blame? I’m Chris Burns and welcome to The Network where we connect into a matrix of newsmakers to get to the heart of an issue. Let’s take a look at the issue… 05/09/2012
Driven to buy in Uzbekistan With buyers literally fighting to get into showrooms and order its cars, General Motors in Uzbekistan is launching a new model. The Chevrolet Cobolt, the… 05/09/2012
Italian car design revs up Los Angeles A red 1953 Cadillac coupe, once owned by the star Rita Hayworth, is just one of many iconic cars at an exhibition in Los Angeles to celebrate masterpieces of… 28/08/2012
US industrial output rises US industrial production expanded last month at the fastest pace since April. It increased by 0.6 percent, which was better than June’s 0.1 percent gain… 15/08/2012
Yet another recall for Toyota Japanese carmaker Toyota, just days after busting profits and sales forecasts and soaring on the stockmarket, has recalled 160,784 RAV4s in China. The… 06/08/2012
Toyota profits rebound Toyota has bounced back to its highest profit in four years as it recovers from last year’s earthquake and tsunami. Quarterly operating profit was the… 03/08/2012
BMW: sales up, shares down The world’s largest luxury car maker BMW is weathering the economic crisis better than others and its sales increased by more than eight percent in the first… 01/08/2012
Renault in ‘suspended animation’ French car maker Renault says the sales slump in Europe hit profit in the first half of the year. Its manufacturing arm did earn 87 million euros, but that… 27/07/2012
Safer roads ahead It is hoilday time and for many Europeans it means packing up the car and hitting the road. Sadly not everyone will return home safely. More than 30… 26/07/2012
Daimler plans to be leader of the pack Daimler is the manufacturer of the world’s third largest luxury car brand Mercedes, but it is not happy that it is now longer number one, despite record… 25/07/2012
French carmaker in van deal with Toyota Peugeot Citroen and Toyota have signed a deal to allow the French carmaker to supply vans to the Japanese auto giant. The move comes at a time when Peugeot… 23/07/2012
Europe’s car market: driving into the sunset? Europeans are not buying new cars – vehicle registrations continue to fall. Carmakers are having to cut their costs, close plants and make lay offs. What’s is… 20/07/2012
Fiat extended closure underscores sales ‘crisis’ Fiat says its Pomigliano plant, near Naples will remain shut for another two weeks after the usual summer holiday closedown. That is not as dramatic as… 18/07/2012
Tensions flare amid Peugeot-Citroen job cuts After the shock announcement of planned job cuts at PSA Peugeot Citroen, it’s time for negotiations. The French government initiated discussions with the… 17/07/2012
Europe Weekly: Brussels warns Bucharest to protect democracy In this week’s Europe Weekly we focus on the latest financial aid for Spain and we explore the increasingly tense relationship between Bucharest and Brussels… 13/07/2012
Carmakers’ dilemma: too many plants, too few buyers Peugeot’s 8,000 job cuts and closure of a plant near Paris comes as cash strapped Europeans buy fewer new cars and the region’s manufacturers ponder what to… 12/07/2012
European slowdown hits Renault’s sales Renault’s sales fell in the first six months of the year. They were down 3.3 percent from the same period last year. An increase in international sales… 11/07/2012
BMW boost mini production British car workers have received a huge boost with the news German car group BMW are to invest another 315 million euros in the production of the Mini. The… 09/07/2012
VW-Porsche merger finally crosses finish line Volkswagen’s total takeover of Porsche will be completed by the start of August and the announcement boosted the share price of Europe’s largest… 05/07/2012
VW, Porsche shares gain on tie-up plans Volkswagen’s shares jumped on Thursday following its agreement to buy the remaining half of Porsche. The sports car maker’s shares also rose. Completing… 05/07/2012
Fiat boosts Chrysler stake Accelerating towards full ownership, Italian carmaker Fiat is to buy another 3.3 percent of Chrysler, the US carmaker it manages. By exercising an option… 03/07/2012
Peugeot Citroen ‘to cut deeper’ Struggling French carmaker PSA Peugeot Citroen has raised its target for the savings it wants to make this year according to union officials taking part in… 28/06/2012
Electric power saves Saab Saab was once a name associated with innovation in the car market until several changes of ownership ended in bankruptcy. Now the company is poised to break… 13/06/2012
Fiat Industrial expands with CNH merger Fiat Industrial is moving to merge with its subsidiary CNH – Case New Holland – to simplify its structure in a move welcomed by investors. The plan is for… 30/05/2012
Nissan’s electric jobs promise for Spain It may only be a drop in the vast and deep ocean of Spanish unemployment, but Japanese carmaker Nissan has said it is to create 700 new jobs by increasing… 24/05/2012
Call it Miat or Fazda, it’s definitely sporty Fiat and Mazda are teaming up to produce a new generation of sports cars. They’ve agreed in principle to develop and build models for their respective… 23/05/2012
Toyota profit gets back into gear Toyota is predicting accelerated earning as it resumed full production after last year’s earthquake, tsunami and Thai floods disrupted supply chains… 09/05/2012
Daimler profit helped by financing unit German carmaker Daimler has reported a surprise increase in first-quarter operating profit. It said that was partly thanks to stronger than expected… 27/04/2012
Bumpy road ahead for Peugeot Citroen Tough times at PSA Peugeot Citroen which saw sales fall seven percent in the early part of the year and says things will be difficult until at least the… 25/04/2012
Fiat hit hardest by EU car sales slump European car sales fell for a sixth straight month in March with Fiat suffering most down 26 percent, followed by Renault and PSA Peugeot Citroen, with… 17/04/2012
Bumper quarter for Volkswagen German car maker Volkswagen saw record gains in sales in the first three months of 2012. Demand from North America, China and Russia offset declines in… 13/04/2012
BMW revs up Q1 sales BMW has confirmed its highest ever first quarter sales as the number of its cars being driven out of showrooms in March broke all previous records. Its… 11/04/2012
Daimler upbeat on rising sales German car maker Daimler says rising vehicle sales and revenue have it on track to meet its earnings targets for this year. At the group’s annual general… 04/04/2012
Higher prices not a gas Higher fuel prices are helping drive car sales in the United States. The US has seen the fastest three-month sales pace in four years at the start of 2012… 03/04/2012
Two European GM plants set to close – report General Motors’ European division is reportedly planning to close two plants to cut manufacturing capacity by almost a third. Union sources said the… 23/03/2012
Datsun brand revived for emerging markets Thirty years after it discarded the Datsun brand, Japanese carmaker Nissan has confirmed that it is bringing it back, with the name plate going on low cost… 20/03/2012
Bulgaria: Trabant drivers’ meet – nocomment About 40 Trabant owners from all over Bulgaria came to Veliko Tarnovo to mark the 55th birthday of the iconic car, the pride of East Germany’s automobile… 20/03/2012
German cars lead eurozone export drive The eurozone halved its trade deficit with the rest of the world in January, thanks largely to a surge in exports of German cars and machinery. It is a sign… 16/03/2012
Renault cuts back in Slovenia French carmaker Renault is to cut its Slovenian workforce by some 13% and reduce production due to shrinking European sales. The Revoz unit is Slovenia’s… 15/03/2012
VW on target to become world’s biggest carmaker Carmaker Volkswagen says its heading for another year of record sales. The company says vehicle sales could top last year’s total of 8.3 million and that… 12/03/2012
BMW good, Audi better – in profit terms BMW set new records in sales, revenues and profits last year. Net profit was just shy of five billion euros, a more than fifty percent increase… 08/03/2012
Struggling carmakers want Europe-wide overcapacity fix At the Geneva motor show the latest models being unveiled on stage were just window dressing for some who see an industry in crisis. Sliding sales and… 07/03/2012
Small but luxurious is the trend at Geneva As the Geneva Auto Show opened, the theme that emerged was that demand for luxury vehicles is holding up better than the mass market. Sales figures also… 06/03/2012
ECB pumps massive funds into finance system This past week was rather like the start of spring for the finance world after a stormy winter with the help of the European Central Bank’s massive financing… 02/03/2012
The future is: hands-free driving Several European engineering firms are collaborating on new technology that would allow cars to drive you, rather than the other way round. The so-called… 01/03/2012
