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Report: Opel’s new CEO will stick to restructuring plan


Opel's new CEO Karl-Thomas Neumann backs the carmaker's restructuring plan. According to a report from Automobilwoche cited by Automotive News Europe, the former VW executive has seen the Drive 2022 plan and wants to implement it without major changes. Opel contributed the most to parent General Motors' $1.8 billion operating loss in Europe last year and GM wants to break-even in Europe ...
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Volkswagen CFO expects worse first quarter this year
Volkswagen predicts the first quarter of this year will be worse than a year earlier, adding to another forecast last week that said the carmaker's 2013 operating profit will stagnate. According ...
Fiat-Chrysler’s global sales rose 12.7 percent in January
Fiat-Chrysler increased global sales by 12.7 percent in January compared with the same month last year. The group was helped by strong sales of the Fiat brand in Brazil and Chrysler ...
Report: Ferrari’s supercar to start at 1 million euros before taxes
Ferrari's much anticipated upcoming supercar will have a pre-tax starting price of about 1 million, according to a report from Automotive News Europe. The report quoted people familiar with the matter ...
PSA to move Peugeot brand upscale as part of restructuring plan
PSA Peugeot Citroen announced plans to move its Peugeot brand upscale to help the automaker return to profit. Peugeot cars will be upgraded to stand out from Citroen models and average ...
Opel denies report about being taken over by PSA Peugeot Citroen
Opel has denied a report from a French newspaper that cited government officials as saying PSA Peugeot-Citroen should buy Opel in order to challenge VW's dominance in Europe. Contacted by Automotive ...
Infiniti revises downwards its European sales targets
Infiniti has revised downwards its sales targets for Europe as the region is undergoing an economic crisis. Nissan's luxury brand admitted it will likely take longer than 2016 to meet its ...
Daimler refuses to comment on report it will make cars in Mexico with Nissan
Daimler declined to comment on a media report that that it may manufacture Mercedes-Benz cars with Nissan's Infiniti brand in Mexico. Frankfurter Allgemeine Zeitung (FAZ) newspaper cited a senior source at ...
2013 Amsterdam auto show cancelled due to the economic crisis
The Amsterdam International Motor Show won't be held next year, as organizers cancelled the event due to a lack of interest from automakers. Joost 't Hooft, project manager for the Amsterdam ...
New Maserati Quattroporte is longer to compete with LWB rivals
Maserati has extended the length of its new Quattroporte sedan in order to target customers who traditionally buy long-wheelbase luxury sedans from Audi, BMW and Mercedes-Benz. The new Quattroporte will grow ...

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Rosberg punished but Mercedes duo ‘free to race’
Aug.29 (GMM/Inautonews.com) Nico Rosberg apologised to his teammate Lewis Hamilton and Mercedes on Friday, after the German was punished ...
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Test Drive – Mercedes-Benz E250 CDI 4Matic
Daimler’s passenger cars division – which consists of the Mercedes-Benz and Smart brands – has vowed to recover the distance ...
Australia – Lexus NX pricing confirmed
Toyota’s luxury brand Lexus has recently confirmed the official price list of the new NX across Australia, where the model ...
[VIDEO] 2016 BMW X6 M spotted on the Ring
The newest model to be caught on camera while being tested out on the famous German track the Nurburgring is ...
Mercedes-Benz SLK 200 Carbon Look Edition launched in Japan
Mercedes-Benz has introduced a new special edition of its cheapest roadster, the SLK, on the Japanese automotive market. The so-called Mercedes-Benz ...
[VIDEO] 2016 BMW 7-Series LWB spied
A long wheelbase version of the new generation BMW 7-Series has been spied while it was being tested out on ...
Recall roundup: Suzuki Kizashi for spider problems
Suzuki has announced a recall for the Kizashi models because of spider problems which seem to love the fuel tanks ...
[VIDEO] Mercedes-Benz AMG GT gets new teaser
A new teaser video with the upcoming Mercedes-Benz AMG GT has been officially released, confirming its official unveil scheduled for ...
[VIDEO] 2015 Porsche Cayenne GTS spied on the Ring
Porsche is currently testing out a new version of the Cayenne, the Cayenne GTS, which is believed to pack a ...
BMW 2-Series Family Tourer rendered
The first rendering with the upcoming BMW 2-Series Family Tourer has ended up onto the web, providing us with a ...
New Mercedes-Benz C220 BlueTEC gets updated by Schmidt Revolution
German tuning company Schmidt Revolution has worked its magic on the new-gen Mercedes-Benz C-Class generation, providing an aftermarket package for ...
[VIDEO] See a Lamborghini Huracan hit 340 km/h
A Lamborghini Huracan supercar has been recently taken from 0 to an impressive 340 km/h and this is extremely impressive, ...
Australian recall roundup: Jeep Grand Cherokee for rear blinkers issue
The North American based automaker Jeep has recently announced a recall for several Grand Cherokee vehicles, because of a potential ...
2015 Volkswagen Jetta gets priced over-seas
The 2015 Volkswagen Jetta has been recently priced in the United States, where the model in question is now available ...
[Videos] Futuristic BMW i8 tech also available on “standard” models
BMW’s i8 sports car is at the forefront of the company’s technology prowess. It’s performance rivals that of a supercar, ...
Australia – 2015 Volvo XC90 First Edition price announced
Volvo Australia has announced the official price of the 2015 XC90 First Edition, which will be set at 120,000 AUD, ...
Chevrolet made over 37,000 units of the Corvette during the 2014 model year
The new generation of the Chevrolet Corvette has been produced in over 37,000 units for the 2014 model year. The huge ...