Peugeot was the most popular brand in Europe last year, when sales climbed 8.1% to 952,000 units. Citroen deliveries grew 7.2% to 689,000. The Citroen total includes 85,900 units of the newly launched DS brand of premium vehicles.
The world's seventh-largest carmaker, which moved its primary listing to New York in October and is due to spin off luxury unit Ferrari later this year, reported core 2014 operating profit of $4.14 billion....More
* New high-tech Phaeton to hit market 2017-18 - sources
* Model's revamp may cost up to 650 mln euros - analyst
* Comes as VW engaged in 5-bln-euro cost-cutting drive
By Andreas Cremer
BERLIN, Jan 28 (Reuters) - With Volkswagen
having embarked on a big cost-cutting drive, industry experts
are baffled why the "people's car" maker plans to spend millions
of euros upgrading a loss-making luxury saloon....More
Peugeot was the most popular brand in Europe last year, when sales climbed 8.1% to 952,000 units. Citroen deliveries grew 7.2% to 689,000. The Citroen total includes 85,900 units of the newly launched DS brand of premium vehicles....More
FRANKFURT, Jan 25 (Reuters) - German car parts maker ZF
Friedrichshafen plans a hiring offensive to strengthen
its position in technology for self-driving cars after buying
U.S.-based TRW Automotive Holdings, its chief executive
told a newspaper.
Stefan Sommer told car industry weekly Automobilwoche that
ZF intended to recruit more than 650 engineers and technicians
worldwide within three years, mainly to develop radar and camera
‟The design had to appeal equally to the intellect and to the emotions and its exterior had to signal its visionary and pioneering character at first glance,” Mercedes-Benz design chief Gorden Wagener says of the F 015 self-driving concept car....More
More than 170,000 analysts, techies, executives, purchasing agents and company reps attended this year’s CES from around the world to learn what’s new and on the horizon. Some 3,500 companies exhibited, including TRW....More
The supplier can use headlamps to project warnings along the edge of road surfaces to pedestrians at night. The technology is another step toward smarter vehicles that ultimately will be able to drive themselves, Valeo says....More
Las Vegas this week is hosting the 2015 Consumer Electronics Show, a massive conference that draws 180,000 people and extends to multiple facilities up and down the Strip. Virtually every sector of consumer electronics is represented at the show, including automotive. For the past several years, automakers and key suppliers have stepped up presence at CES. Ten automakers are participating this year.
Ford research projects include car-sharing in India and Germany, car-swapping among Ford employees in Dearborn, rental cars on-demand in London and a cloud-based network identifying available parking spots in Atlanta....More