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Automotive News Europe News Feed
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Receivers cool on $446 million Youngman bid for Saab, source says
China's Youngman has made a $446 million offer for bankrupt carmaker Saab, which has drawn a cool response from receivers who want bids for parts of Saab rather than the whole business because that would raise more for creditors, a source said.
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Mercedes reports record January sales on U.S., German demand
Global sales of Mercedes brand cars rose 5.1 percent to a record 86,921 vehicles in January, helped by strong growth in the U.S. and Germany and the continued success of its new B- and C-class models.
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Ghosn says Renault will work with Mercedes on high-end model
Renault is counting its strategic partnership with Daimler to help overcome its chronic troubles selling high-end cars.
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VW Group to launch MQB platform in Geneva with new Audi A3
VW Group's new MQB modular platform will debut at next month's Geneva auto show on the new Audi A3.
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China's Youngman makes fresh bid for Saab, report says
Zhejiang Youngman Lotus Automobile has made a fresh bid for Saab, Swedish public radio reported. The Chinese group plans to turn its passenger-car unit into a competitive global brand and buying Saab assets would fit into that goal.
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China's Youngman makes fresh bid for Saab, report says
Zhejiang Youngman Lotus Automobile has made a fresh bid for Saab, Swedish public radio reported. The Chinese group plans to turn its passenger-car unit into a competitive global brand and buying Saab assets would fit into that goal.
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Toyota sees 21% rise in global group sales this year
Toyota is forecasting that its global sales will rise 21 percent this year as its production recovers from natural disasters in Japan and Thailand.
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Hyundai, Kia flourish in stagnant German car market
Hyundai and its affiliate Kia posted huge gains in the stagnant German car market in January, according to data from Germany's motor vehicle authority KBA. The two Korean brands achieved a 2.
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Fiat puts Sedici replacement ahead of a baby Jeep
Fiat-Chrysler will delay the launch of a new Jeep compact SUV planned for production in Italy. The new Jeep, which is code-named B-SUV, had been due to go into production in 2013 in Fiat's Mirafiori plant in Turin.
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Jaguar Land Rover said to plan partnership with Chery for China output
Jaguar Land Rover plans to partner with Chery Automobile to build vehicles in China, two people with direct knowledge of the matter said.
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