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Automotive News Europe News Feed
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W. Europe car sales slump 14% in August; 7% decline for 2010 forecast
New-car sales in western European slumped another 14.2 percent in August, dragged down by major declines in each of the five biggest countries. The decline, to 664,804, brings sales for the 10 months to 8.79 million units, off 2.
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Opel releases details of Astra coupe
Opel/Vauxhall has released pictures of a concept for an Astra coupe that will be unveiled at the Paris auto show later this month. Opel hints that a production version of the Paris concept will not stray far from the rakish lines of the concept.
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Chevy will debut sporty Aveo in Paris
Chevrolet has given its new Aveo subcompact car a sporty look aimed at capturing young buyers.
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Nissan to create new car brand with Chinese partner
Nissan Motor Co. plans to introduce a new passenger-car brand in Chinese market with its local partner to help meet demand for cheaper models. The Japanese company and Wuhan, Hubei-based Dongfeng Motor Group Co.
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VW will extend Winterkorn's contract, union chief says
VW's supervisory board plans to extend CEO Martin Winterkorn's contract, said Bernd Osterloh, head of the carmaker's works council. Winterkorn, 63, has vowed to surpass Toyota in sales and profitability by 2018.
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Fiat will count on Formica to turn around sales
Andrea Formica faces a tough challenge once he arrives at Fiat: turnaround sales at the four-brand division without any short-term help from new products.
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Shanghai Auto to launch diesel sedan in Europe
Shanghai Automotive Industry Corp. will launch a diesel-powered version of its Roewe 550 sedan in Europe in late 2011 or 2012, Gao Weimin, head of SAIC's technology center, said.
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Ferrari boss says his future is fast cars -- and fast trains
Ferrari Chairman Luca Cordero di Montezemolo has pledged his future to the supercar brand, refuting speculation that he might quit to join Italy's government.
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South Africa union rejects auto industry offer
South Africa's metalworkers union on Wednesday rejected a 10 percent wage increase offer from the auto industry and called on its members to continue striking until a settlement was reached.
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Demant's jump to archrival VW feels like treason at Opel
When former Opel CEO Hans Demant jumped to archrival Volkswagen last month, it hit some at General Motors' German subsidiary like a punch in the gut. "It surprised everyone," said a source at Opel's Ruesselsheim headquarters.
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