Europe http://wardsauto.com/taxonomy/term/53478/more en UPDATE 3-BMW says worsening Chinese market could hit year's profit forecast http://wardsauto.com/update-3-bmw-says-worsening-chinese-market-could-hit-years-profit-forecast <div class="node-body reuters_news-body"><p>* BMW says change to outlook cannot be ruled out</p> <p>* Q2 EBIT down 3 pct in line with forecasts</p> <p>* Shares down 1.8 percent (Adds CFO comment on China outlook)</p> <p>By Edward Taylor</p> <p>FRANKFURT, Aug 4 (Reuters) - BMW, the world's biggest luxury carmaker, warned on Tuesday that its financial forecasts for this year could be at risk from any further deterioration in the Chinese market, where its sales have begun to fall for the first time in a decade.</p></div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/update-3-bmw-says-worsening-chinese-market-could-hit-years-profit-forecast" target="_blank">read more</a></p> Public Gated Auto Makers Management & Strategy Europe Germany Finance Tue, 04 Aug 2015 11:41:10 +0000 1325631 at http://wardsauto.com Ukrainian Auto Industry Has Nowhere to Go But Up http://wardsauto.com/politics/ukrainian-auto-industry-has-nowhere-go <div class="field-byline"> Mark Rowe </div> <div class="node-body article-body">A Frost & Sullivan report says emerging middle classes in countries such as Kazakhstan, Uzbekistan, Ukraine, Azerbaijan, Belarus, Kyrgyzstan, Turkmenistan and Tajikistan will create a demand for more, and updated, cars.</div> <div class="og_rss_groups"></div><p><a href="http://wardsauto.com/politics/ukrainian-auto-industry-has-nowhere-go" target="_blank">read more</a></p> http://wardsauto.com/politics/ukrainian-auto-industry-has-nowhere-go#comments Public Auto Makers Management & Strategy Plants & Production Politics Sales & Marketing Suppliers Europe Azerbaijan Belarus Russia Ukraine Uzbekistan Kia Renault Skoda Toyota Volkswagen Logistics Production Purchashing Sales Results Trade Vehicle Assembly Mon, 03 Aug 2015 09:19:00 +0000 1321741 at http://wardsauto.com <p><strong>Locally built ZAZ Sens top seller in moribund market.</strong></p> Famed Coachbuilder Bertone Bound for Auction Block http://wardsauto.com/europe/famed-coachbuilder-bertone-bound-auction-block <div class="node-body article-body">History does not favor family names under corporate management; marques including Vignale, Ghia, Francis-Lombardi and Frua disappeared from the scene shortly after being sold by their founders.</div> <div class="og_rss_groups"></div><p><a href="http://wardsauto.com/europe/famed-coachbuilder-bertone-bound-auction-block" target="_blank">read more</a></p> http://wardsauto.com/europe/famed-coachbuilder-bertone-bound-auction-block#comments Public Auto Makers Management & Strategy Plants & Production Suppliers Europe Vehicles & Technology Italy Alfa Romeo Cadillac Chevrolet Ferrari Fiat Lamborghini Lancia Body Exterior Restructuring Fri, 31 Jul 2015 09:41:00 +0000 1322571 at http://wardsauto.com <p><strong>Marcello Gambini&nbsp;<em>(right)</em>&nbsp;designed Lamborghini Miura for Bertone.</strong></p> RPT-Pininfarina Says Still Hoping to Agree Sale to Mahindra http://wardsauto.com/rpt-pininfarina-says-still-hoping-agree-sale-mahindra <div class="node-body reuters_news-body">The group famous for designing Ferraris such as the Testarossa says it expects to present the new plan to creditor banks in the last quarter of the year.</div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/rpt-pininfarina-says-still-hoping-agree-sale-mahindra" target="_blank">read more</a></p> Public Gated Auto Makers Management & Strategy Asia Pacific Europe Fri, 31 Jul 2015 06:07:00 +0000 1323911 at http://wardsauto.com Fiat Chrysler Lifts Guidance After Strong Q2, Shares Rise http://wardsauto.com/fiat-chrysler-lifts-guidance-after-strong-q2-shares-rise <div class="node-body reuters_news-body">Milan-listed shares in FCA were briefly halted from trading for excessive gains and were up nearly 5%.</div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/fiat-chrysler-lifts-guidance-after-strong-q2-shares-rise" target="_blank">read more</a></p> Public Gated Auto Makers Management & Strategy Europe North America Thu, 30 Jul 2015 12:47:00 +0000 1323331 at http://wardsauto.com France Preparing to Sell 5% Renault Stake - Minister http://wardsauto.com/france-preparing-sell-5-renault-stake-minister <div class="node-body reuters_news-body">The government had increased its Renault stake from 15% to 20% ahead of Renault's April 30 shareholder meeting in order to block the company's plans to opt-out of a law that doubles voting rights for longer-terms shareholders, including the French state. </div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/france-preparing-sell-5-renault-stake-minister" target="_blank">read more</a></p> Public Gated Auto Makers Management & Strategy Politics Europe Thu, 30 Jul 2015 11:13:00 +0000 1323201 at http://wardsauto.com UPDATE 3-Volkswagen lowers sales goal as China growth slows down http://wardsauto.com/update-3-volkswagen-lowers-sales-goal-china-growth-slows-down <div class="node-body reuters_news-body"><p>* FY sales forecast lowered to flat from a moderate rise</p> <p>* VW expects China sales growth to grind to halt</p> <p>* Operating profit rises in Q2</p> <p>* Keeps FY profit, revenue forecasts</p> <p>* Grappling with "fierce competition" -CFO (Adds China sales and profit estimate, analyst comment)</p> <p>By Andreas Cremer</p></div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/update-3-volkswagen-lowers-sales-goal-china-growth-slows-down" target="_blank">read more</a></p> Public Gated Auto Makers Management & Strategy Sales & Marketing Europe Germany Finance Sales Results Wed, 29 Jul 2015 16:12:33 +0000 1322041 at http://wardsauto.com U.K. First-Half Car Production Achieves 7-Year High http://wardsauto.com/plants-production/uk-first-half-car-production-achieves-7-year-high <div class="node-body article-body">With production volumes up more than 50% since 2009 and many new models going into production in the coming months, the Society of Motor Manufacturers and Traders says the region’s car industry is growing on a global scale. </div> <div class="og_rss_groups"></div><p><a href="http://wardsauto.com/plants-production/uk-first-half-car-production-achieves-7-year-high" target="_blank">read more</a></p> http://wardsauto.com/plants-production/uk-first-half-car-production-achieves-7-year-high#comments Public Auto Makers Plants & Production Europe United Kingdom Unspecified Companies Production Vehicle Assembly Tue, 28 Jul 2015 09:51:00 +0000 1319821 at http://wardsauto.com <p><strong>Jaguar Land Rover invests &pound;500 million in Halewood plant since 2010.</strong></p> Luxury-Car Sales Numbers Small But on Rise in Russia http://wardsauto.com/europe/luxury-car-sales-numbers-small-rise-russia <div class="node-body article-body">Sales have jumped in part because most luxury automakers and their dealers have refused to raise prices while also offering additional benefits and incentives for customers.</div> <div class="og_rss_groups"></div><p><a href="http://wardsauto.com/europe/luxury-car-sales-numbers-small-rise-russia" target="_blank">read more</a></p> http://wardsauto.com/europe/luxury-car-sales-numbers-small-rise-russia#comments Public Gated Auto Makers Dealers Sales & Marketing Europe Russia Maybach Rolls Royce Retail Sales Results Mon, 27 Jul 2015 09:59:00 +0000 1317921 at http://wardsauto.com <p><strong>Maybach dominates luxury segment.</strong></p> Valeo Boosts 2015 Profit Forecast http://wardsauto.com/valeo-boosts-2015-profit-forecast <div class="node-body reuters_news-body">The French automotive supplier revises its full-year profit forecast after first-half net income soared 34% and sales climbed 15% to beat analysts' estimates. </div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/valeo-boosts-2015-profit-forecast" target="_blank">read more</a></p> Public Gated Management & Strategy Suppliers Europe France Finance Mon, 27 Jul 2015 08:06:00 +0000 1320191 at http://wardsauto.com