Automotive News Europe News Feed
  • Opel picks veteran consultant for new board post
    Opel has chosen veteran automotive consultant Thomas Sedran, 47, as the newly created management board member of operations, business development and corporate strategy. Sedran will take up the role on April 1.

  • Turkish new-car sales drop 29% in January
    Turkish car sales dropped 29 percent in January to 21,077 units from the year before. Sales of vans and other light commercial vehicles also declined by 44 percent to 8,468 units in the same period.

  • Autoliv posts weaker-than-expected Q4 profit
    Sweden's Autoliv, the world's biggest maker of airbags and seat belts, posted slightly weaker-than-expected quarterly pretax profits and predicted slower sales growth for 2012. Pre-tax earnings fell to $211 million from $231 million a year ago.

  • UK car sales seen as flat but stable in January
    British new-car sales remained flat at 128,852 units in January, just 200 more cars than the year before, the Society of Motor Manufacturers and Traders said Monday.

  • Mitsubishi to end production in western Europe
    Mitsubishi says it will end production at its only western European plant, in the Netherlands, at the end of this year, a move that was expected as its sales in Europe have dropped to a third of their peak.

  • Porsche expects U.S. sales growth of 17% in 2012
    Porsche is targeting double-digit U.S. sales growth this year. The sports car company aims to sell 34,000 vehicles in 2012, a 17 percent increase over last year's 29,023 sales, which were 14.6 percent higher than 2010 figures.