With sales slowing and government debt a growing crisis, the European auto industry is in for a rough ride over the next few years.
What are the solutions? Which companies will emerge as winners? And how will they get there?
With sales slowing and government debt a growing crisis, the European auto industry is in for a rough ride over the next few years.
What are the solutions? Which companies will emerge as winners? And how will they get there?
Europeans hit hard by austerity are turning to low-cost vehicles like never before. That’s why Dacia, the entry brand owned by Renault, increased new-car sales by 9 percent in January in an overall European market that was down 9 percent.
The head of Renault’s entry-level models, Arnaud Deboeuf, will share insights on how Dacia has thrived during Europe’s debt crisis at the 16th Automotive News Europe Congress on June 12 in Paris.

Is the world coming to an end? Ford Motor Co. and General Motors are working together, again! Those are two names I never thought I would hear in the same sentence, without a lot of cursing!
However they are working TOGETHER for a second time! They must be desperate in deciding to work together, but Wonders will never cease, they are developing nine- and 10-speed transmissions jointly for use in cars, crossovers, pickups and SUVs.
Today sees several supermarkets cut the price of petrol by 2p per litre.
Asda, Sainsbury’s and Morrisons introduced the cut for Tuesday morning and follows falls in the wholesale price and more favourable exchange rates.