Euro Auto Trends


GERMANY: Mercedes seeks new NAFTA Sprinter assembly plant

Posted in Current Models by frank on the October 23rd, 2014

Mercedes-Benz plans to assemble its next generation Sprinter commercial van in North America.

GERMANY: Daimler boosts Q3 profit after record sales

Posted in Current Models,New & Coming Models by jonas on the October 23rd, 2014

Daimler said it booked strong growth in earnings and record unit sales and revenue in the third quarter of 2014.

SWEDEN: Russian tension will not escalate: chief economist

Posted in Current Models by jonas on the October 23rd, 2014

A leading Swedish economist says he does not believe simmering tensions surrounding Russia’s influence in Eastern Ukraine will escalate into anything more serious.

JAPAN: Honda recalls Fit hybrid a fifth time, execs take pay cut

Posted in New & Coming Models by jonas on the October 23rd, 2014

Honda Motor is recalling its redesigned Fit [Jazz] hybrid for the fifth time in less than a year in Japan, issuing a recall of 425,825 cars on Thursday (23 October) due to two defects.

UK: Vauxhall undercuts Fiesta with new Corsa pricing

Posted in Current Models,Market Trends,New & Coming Models by frank on the October 23rd, 2014

The fourth generation Vauxhall Corsa will undercut the entry level Ford Fiesta, Britain’s long-time best selling car, by GBP1,000 when it goes on sale at year-end.

JAPAN: Takata shares recover after airbag recall charge update

Posted in Market Trends,New & Coming Models by jonas on the October 22nd, 2014

Takata Corporation, the Japanese maker of air bags at the centre of an auto industry-wide safety crisis, has recovered from its biggest-ever drop in Tokyo share trading after saying additional charges related to recalls would be small.

GERMANY: Next Audi A8 will be ‘autonomous’-capable

Posted in Current Models by jonas on the October 22nd, 2014

The next-generation Audi A8 will be able to drive itself.

FRANCE: PSA on course to hit targets ahead of schedule

Posted in Current Models by frank on the October 22nd, 2014

PSA Peugeot Citroen could reach its cashflow target two years early thanks to better than expected growth at its growth at its Faurecia parts unit which contributed to an unexpected increase in third quarter revenue.

SWEDEN: Volvo looks to double output by 2020

Posted in Current Models by frank on the October 22nd, 2014

Volvo says it is looking to double its market share to 2% in order to offer an alternative to German brands.

THAILAND: Sales fall further in September

Posted in Market Trends,New & Coming Models by jonas on the October 22nd, 2014

Thailand’s new vehicle market continued to plummet in September, with sales falling by 27.5% to 68,843 units compared with 94,859 units in the same month of last year, according to data released by the Federation of Thai Industries.

GERMANY: Daimler restructures Tesla cooperation

Posted in Current Models by frank on the October 22nd, 2014

Daimler said it had reorganised its cooperation with Tesla Motors by terminating the share-price hedge it initiated in 2013 and selling its Tesla stake of about 4% without affecting the cooperation between the two on automotive projects.

JAPAN: Mitsubishi revises fiscal H1 forecasts

Posted in Current Models,New & Coming Models by frank on the October 22nd, 2014

Mitsubishi Motors Corporation (MMC) has revised its consolidated forecasts for the first half of fiscal 2014 (to 30 September, 2014) from the previous forecasts announced on 24 April, 2014.

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