Category Archives: Automotive

Automotive Press Releases & News distributed via EuropaWire

Compagnie Générale des Etablissements Michelin (“CGEM”) issued notice of early redemption of its “TSR” subordinated notes redeemable in cash, due December 3, 2033

Boulogne-Billancourt, France, 15-10-2013 — /EuropaWire/ — On December 3, 2003, Compagnie Générale des Etablissements Michelin (“CGEM”) issued €500 million worth of 6.375% lowest ranking subordinated notes due December 3, 2033 (“TSRs”). The notes are redeemable in cash and are traded on NYSE … Read the full press release

Michelin introduced bundle of free mobility apps to assist travellers

Michelin has introduced MICHELIN Mobility Apps, a bundle of free applications to assist people whenever they travel for business or pleasure. Already available in France, it will be launched in Germany, Spain, Italy and the United Kingdom at year-end. Boulogne-Billancourt, … Read the full press release

Transmashholding begun delivery of diesel locomotives to Russian Railways

Moscow, Russia, 14-10-2013 — /EuropaWire/ — Two first shunting locomotives TEM TMH produced by Bryansk Machine Building Factory (“BMZ”, Transmashholding Group) left for Likhobory Depot, Moscow Railroad. TEM TMH shunting loco with AC/DC electric transmission is a joint project realized together with … Read the full press release

Ferrari opened showroom in Muscat, Sultanate of Oman

Muscat, Oman, 14-10-2013 — /EuropaWire/ — Yesterday (7 October, 2013)  the new Ferrari showroom opened in Muscat, the capital of the Sultanate of Oman. During last night’s gala event, his Highness, Al Sayaed Taimor Bin Asaad Al Said opened the 428 square … Read the full press release

CAF to exhibit its latest railway sector technological developments at BcnRail 2013 in Barcelona, Spain

Beasain, Spain, 14-10-2013 — /EuropaWire/ — CAF WILL ATTEND BCN RAIL 2013 FROM 19 TO 21 NOVEMBER Venue: Gran Vía Site. Barcelona, Spain. Stand: B-231 At BcnRail 2013 CAF will exhibit the Company’s latest railway sector technological developments. The Exhibition will be held in Barcelona from … Read the full press release

CAF to attend Negocios Nos Trilhos 2013 Exhibition between 5 and 7 November in Sao Paulo, Brazil

Beasain, Spain, 14-10-2013 — /EuropaWire/ — Caf Will Take Part In Negócios Nos Trilhos – Business On Rails (BOR) 2013 In Sao Paulo From 5 To 7 November Venue: Expo Center Norte – Pavilhão Vermelho / Red Pavilion. Sao Paulo, Brazil. Stand: B-30 CAF will … Read the full press release

Pirelli established “Pirelli Visiting Professorship in Italian Studies” in the Department of French and Italian at Princeton University

Milan, Italy, 14-10-2013 — /EuropaWire/ — As part of its efforts to promote, sponsor, and support various cultural projects in Italy and around the world, Pirelli has established the “Pirelli Visiting Professorship in Italian Studies” for a five-year term in the Department of French … Read the full press release

Pirelli announced tyre nominations for the grands prix in Abu Dhabi, the United States and Brazil

Milan, Italy, 11-10-2013 — /EuropaWire/ — The tyre nominations for the forthcoming grands prix in Abu Dhabi, the United States and Brazil have been announced. In Abu Dhabi, the teams will use the P Zero White medium tyre and the P Zero … Read the full press release

Munich-based Railpool GmbH appointed Torsten Lehnert and Thorsten Priebe to its management team

Hamburg, Kiel Frankfurt, Munich, Germany, 09-10-2013 — /EuropaWire/ — The Munich-based Railpool GmbH is expanding its management team. The two shareholders of the company, HSH Nordbank and KfW IPEX-Bank, have appointed Torsten Lehnert and Thorsten Priebe to the management team as at … Read the full press release

Jaguar Land Rover UK announced record September 2013 sales with retail figures up 13 per cent YoY

Whitley, Coventry, UK, 09-10-2013 — /EuropaWire/ — Whitley 4th October 2013. Jaguar Land Rover UK is celebrating record September sales with retail figures up 13 per cent year-to-date over the same period last year. Land Rover had its best ever September month of … Read the full press release

John Edwards appointed Managing Director of the newly created Individual Products Division at Jaguar Land Rover

Whitley, Coventry, UK, 09-10-2013 — /EuropaWire/ — Jaguar Land Rover has appointed John Edwards into the role of Managing Director of the newly created Individual Products Division with immediate effect. The new division will be responsible for designing and creating a portfolio … Read the full press release

Castrol and TomTom research revealed car drivers in Istanbul, Mexico City and Moscow top the STOP-START Index

Amsterdam, Netherlands, 07-10-2013 — /EuropaWire/ — The latest research from Castrol and TomTom has revealed drivers in Istanbul could experience 31,200 stop-starts a year, compared to the lowest ranked city, Rotterdam, where drivers might only experience 6,211 stop-starts, more than 24,000 fewer. … Read the full press release

EC: Calabria bus services company Simet SpA is not entitled to public service compensation under EU state aid rules

Brussels, Belgium, 02-10-2013 — /EuropaWire/ — The European Commission has concluded that a planned monetary compensation in favour of Simet SpA, which provides bus services to and from Calabria, is incompatible with EU state aid rules. By a judgment of March 2010, … Read the full press release

EC approves €20.5M state aid granted by France to Renault for diesel hybrid commercial vehicles research

Brussels, Belgium, 02-10-2013 — /EuropaWire/ — The European Commission has decided that the aid granted by France to the motor vehicle manufacturer Renault to help it conduct the ‘HYDIVU’ research and development programme complies with the EU rules on state aid. The … Read the full press release

LeasePlan Corporation N.V. announces it bought back the entire $500M government guaranteed bond due to mature in June 2014

Almere, Netherlands, 02-10-2013 — /EuropaWire/ — LeasePlan Corporation N.V., the world’s leading fleet and vehicle management company, today announces that it has bought back the entire $500 million government guaranteed bond that was due to mature in June 2014. Following on from … Read the full press release

LeasePlan Corporation N.V. confirmed LeasePlan Austria has completed the acquisition of BAWAG P.S.K. Fuhrparkleasing GmbH

Almere, Netherlands, 02-10-2013 — /EuropaWire/ — Following the announcement made on 2 July 2013, LeasePlan Corporation N.V., the world’s leading fleet and vehicle management company, today confirms that LeasePlan Austria has completed the acquisition of BAWAG P.S.K. Fuhrparkleasing GmbH, based in Vienna, Austria. … Read the full press release

Belgian railway certification body Belgorail confirms “winter modifications” made to V250 train by AnsaldoBreda meet the requirements of the Belgian law

Pistoia, Italy, 01-10-2013 — /EuropaWire/ — The Fyra is a reliable train and, with the implementations made, can also face particularly harsh weather conditions, well beyond the applicable contractual requirements. Belgorail, Belgian railway certification body authorized under EU law, has sent its … Read the full press release

The Grimsby River Terminal officially opens after the largest capital investment since it first opened in 1852

30-9-2013 — /EuropaWire/ — The largest capital investment in Associated British Ports’ (ABP) Port of Grimsby since the lock gates first opened in 1852, will see the facility go from strength to strength and cement its place as the UK’s premier … Read the full press release

Coface downgrades its credit risk assessment in three business sectors: chemicals, pharmaceuticals and automotive

Chemicals, pharmaceuticals and automotive: increased credit risks in Europe 27-9-2013 — /EuropaWire/ — The unique indicator (*), developed by Coface economists and based on the payment experience of companies recorded by its underwriters, sends an alarm signal to three of the … Read the full press release

KAMAZ and Intel introduced prototype of an on-board informational and entertaining system developed for trucks KAMAZ-5490

At COMTRANS-2013 festival KAMAZ together with Intel presented a joint product 13-9-2013 — /EuropaWire/ — KAMAZ and Intel presented a prototype of an on-board informational and entertaining system developed for national trucks KAMAZ-5490 At an international freight car auto show COMTRANS-2013 KAMAZ … Read the full press release