Tag : Pan-European and Global News
London-based Eterniti Motors receive sales boost for luxury Artemis
The London-based company took five orders at the show, four for standard-specification cars, which are priced in Sterling at £210,000 plus taxes and one for a … Read More »
Ford to triple production output of EcoBoost equipped vehicles by 2015
Ford will produce more than 1.3m low-CO2 EcoBoost engines to go into European vehicles over the period 2012-2015: more than 800,000 of which are expected to … Read More »
Kia's European and Korean sales surge as general markets decline over Q1
With 635,000 vehicles sold across the world – an increase of 12.4% over 2011 – the company recorded revenues of 11.8 trillion Korean Won (£6.5bn), up … Read More »
BMW Group reports best February sales month on record
Ian Robertson, Member of the Board of Management of BMW AG, Sales and Marketing, commented: 'February was another record month for the BMW Group and we … Read More »
Renault-Nissan alliance record 10.3% global sales increase on 2010
Sales rose for the third consecutive year. Renault sold 2,722,062 units worldwide, up 3.6% from 2010, whereas Nissan sold 4,669,981 units, up 14.4%. As a result, … Read More »
Alphabet International shakes-up management after ING Car Lease acquisition
From now on, the company will be led by two CEOs, Norbert van den Eijnden and Ed Frederiks. This division is in line with German regulations … Read More »
Nissan continue record-setting sales figures in Europe with strong November
Last month in Europe Nissan achieved 59,681 unit sales. This is more than 8,000 up on November 2010 and takes calendar year-to-date sales above 637,500 units … Read More »
Masternaut bolsters pan-European executive management team with new hires
The senior hires, who, together bring more than 80 years of senior management experience within the high-tech and telematics arenas, mark an important period in Masternaut’s … Read More »
Sixt reports strong 2011 performance, but warns on 2012
Sixt has profited from ongoing demand in the Vehicle Rental Business Unit, good progress in its international expansion, and a revival of business in the Leasing … Read More »
Czech ambassador shows support for Skoda Superb
The Superb hatchback will wear the diplomatic number plate CZE 1 and the red, white and blue national flag of the Czech Republic. The car will … Read More »
Online remarketing channels opening up ex-fleet stock for vendors around the globe – Autorola
Demand for used right hand drive cars abroad is growing and there are estimates that markets such as New Zealand could purchase two to three thousand … Read More »
TomTom to provide Vauxhall / Opel with semi-integrated navigation
TomTom Connect is neatly integrated in the vehicle and provides a great navigation experience; offering LIVE Services, including TomTom HD Traffic and dynamic routing. It gives … Read More »
Ford chooses NAVTEQ as sole-supplier of maps for SYNC MyFord Touch GPS
MyFord Touch featuring NAVTEQ map data is scheduled to launch on multiple 2013 Ford and Lincoln vehicles in North America early next year, with expanded features … Read More »
Seven major manufacturers collaborate in effort to standardise International EV charging
The system is a combined charging approach integrating all charging scenarios into one vehicle inlet/charging connector and uses identical ways for the vehicle to communicate with … Read More »
Bosch's Singapore EV charging network progresses into "Operational Phase"
After almost three months, around a dozen charge spots are now in operation across the city state. Further charge spots are now being added, and by … Read More »
European Commission take action to deploy eCall by 2015
The Commission has adopted a recommendation urging member states to ensure that mobile phone network operators upgrade their infrastructure so that eCalls are efficiently passed on … Read More »
Mazda embarks on local assembly in Vietnam
The Mazda2 1 will be produced at a newly-constructed assembly plant owned by Vina Mazda Automobile Manufacturing in the Nui Thanh district of Quang Nam province … Read More »
GM to partner LG for ongoing EV research and development
The definitive agreement signed on August 24 will help GM expand the number and types of electric vehicles it makes and sells by using LG’s proven … Read More »
San Francisco Gets First EV Rental Programme
The programme will make the Chevrolet Volt, Nissan LEAF and smart fortwo electric drive available at the San Francisco Airport Marriott Waterfront Hotel and Hertz’s Mason … Read More »
H1 profits soar 51% at LeasePlan
The firm has announced net profits of €136m for H1 2011, up from €90m in the same period last year. The increase in profit includes one-off … Read More »
Portugal take steps towards implementing EV charge network
As part of the Portuguese program to promote electromobility, Siemens Portugal concluded a framework agreement for delivery of up to 300 charging points. A binding order … Read More »
GM awards production contract to EV battery provider, A123 Systems
GM has been testing A123 batteries for several years, and today GM disclosed that it has awarded a production contract to A123 that calls for GM … Read More »
Deutsche Leasing discovers Miles of benefits from Sofico software system
The asset finance provider took the decision to outsource its system in 2006 when impending changes to the German tax laws meant that its existing system … Read More »
Production starts on facelifted Axela / Mazda3
This model combines the newly developed 2.0-litre SKYACTIV-G 2.0 direct injection gasoline engine with the SKYACTIV-DRIVE six-speed automatic transmission to improve fuel consumption and performance. Japanese … Read More »
Disappointing July new car sales lead JD Power Automotive Forecasting to drop 2011 forecast
In its latest West European Car Sales report, the firm highlighted the latest running rate of 11.7 million units/year – the lowest since July 2010. A … Read More »
VW Group reports surge in profits
The Volkswagen Passenger Cars brand sold 2.2 million vehicles (1.9 million) – an increase of 13.7% compared with H1 2010, with operating profit climbing to €2.1bn(€1.bn). … Read More »
Japanese quake hits Nissan profits
For the first six months of the year, the carmaker reported net profit of 85 billion yen (€20m) down 20% from 106.7bn yen a year earlier, … Read More »
BMW finds US charging point partner
Drivers will also be given access to 24/7 support and the ChargePoint mobile phone applications, including a map of charging points, availability in real-time, reservations, charging … Read More »
IASB and FASB to re-expose leasing proposals
The new standard is being introduced following concerns that the existing approach fails to reflect the assets and liabilities companies may have under operating leases and … Read More »
Daimler AG launches $50m financial services unit in India
Named Daimler Financial Services India Pvt Ltd, the firm will be headquartered in Chennai and will operate as a 100% subsidiary of Daimler AG. The launch … Read More »