Volkswagen AG forecasts that operating profit this year will match last year's level, as the shrinking auto market in Germany affects earnings.
Earnings before interest and taxes, which rose 2.1 percent ...
New car registrations in the European Union fell to a record low, because of weak demand in several key markets, including Germany.
"New registrations amounted to 885,159 units, reaching a historic ...
According to a recent ACEA report commercial vehicle registrations dropped 12.4% in 2012 and 23.4% in December in Europe.
In December sales of new commercial vehicles continued to fall reaching 125,825 ...
German carmaker Opel, the European arm of General Motors is planning to cut production in Europe by more than 10 percent in the year that just begun, blaming weak demand ...
According to data released by ACEA, new commercial vehicles registrations in Europe have dropped in November to the lowest level in 3 years.
According to the European Automobile Manufacturers' Association last ...
According to Italian automakers’ association ANFIA, auto sales in Europe will remain flat in 2013.
So far this year, auto sales in Western Europe have dropped 7.3% to 10.33 million vehicles, ...
Chrysler and Fiat CEO Sergio Marchionne has been re-elected as the president of the European Automobile Manufacturers Association (ACEA) after he concluded his first term.
Marchionne's first term at the helm ...
The European Union today agreed to start negotiations for a free-trade agreement with Japan, despite opposition from European automakers.
According to the ACEA lobby group, a free trade agreement with Japan ...
Although in October auto sales in Europe shrank at a slower pace compared to other months, almost all automakers reported double digit losses.
In the EU, new car registrations in October ...