PSA/Peugeot-Citroen’s move to name former Renault No. 2 Carlos Tavares as its future CEO stands to help secure an alliance with Dongfeng Motor Corp., which may be the carmaker’s last chance to end its reliance on Europe’s slumping car market.
Tag Archives: Europe
Audi’s aim to top BMW at risk without new technology
Audi has used Vorsprung durch Technik — German for advancement through technology — as its slogan since the 1970s. But signs are growing that the Volkswagen Group subsidiary is losing sight of its own advice.
European new-car sales rise 5% in October
European car registrations rose 5 percent in October, marking the first back-to-back gains in monthly sales in two years, as a government scrappage program helped push a delivery surge in Spain.
Europe’s dealers focus on used cars to survive slump
Europe’s leading independent dealer groups have turned their focus to selling more used cars and making more money from aftersales to survive the region’s new-car sales slump.
Suzuki foresees Europe Sales rebound
Suzuki will launch a new model every year for the next three years to increase annual vehicle sales in its European markets by about 100,000 units to 300,000 by 2016.
