VW and U.S. carmakers were hit hardest by a French car sales decline of 15 percent last month. It was the worst January for French sales in 16 years, leaving no end in sight to Europe's slump.
Geely agreed to purchase Manganese Bronze Holdings, rescuing the maker of London's iconic black taxis.
Geely agreed to purchase Manganese Bronze Holdings, rescuing the maker of London's iconic black taxis.
Mercedes-Benz is taking a page out of the playbook of the
Visteon Corporation and Halla Climate Control Corp. (HCC) have announced they have completed the transfer of the majority of Visteon's automotive climate business to HCC.
PSA/Peugeot-Citroen labor leaders squared off against one another over a plan to eliminate 17 percent of the automaker's French work force, with three of the five main unions urging immediate action to stem losses.
The new issue of the Automotive News Europe monthly e-magazine goes live on Monday, Feb. 4. Our cover story looks at the challenges facing European automakers as they battle to keep their light commercial vehicle businesses profitable.
Fiat and Ford lost a combined 2 billion euros in Europe last year and both automakers expect this year to be even tougher.
Mazda Motor Europe has promoted company veteran Alex Janssens to be the unit's first chief information officer.er.