Category Archives: Automotive

Automotive Press Releases & News distributed via EuropaWire

Finnvera to participate in pre-delivery financing for Valmet Automotive

Posted on 6, March 2013 by

Finnvera contributes to the financial arrangements needed by Valmet Automotive relating to production of the new Mercedes-Benz A-Class vehicles in Finland. 6-3-2013 — /europawire.eu/ — In July 2012, Daimler AG of Germany and Valmet Automotive broke the news that they had … Read the full press release →

Posted in Automotive, Business, Financial, Finland, Germany, Investment

New Head of Sales for Experian’s Automotive Business

Posted on 4, March 2013 by

Nottingham, 4-3-2013 — /europawire.eu/ — Experian®, the global information services company, has announced the appointment of Andrew Round as Head of Sales for Experian’s Automotive business in UK and Ireland. With over 12 years of experience in the automotive industry, Andrew … Read the full press release →

Posted in Automotive, Business, Management, Technology, United Kingdom

PSA Peugeot Citroën – 1 billion euros bond issue

Posted on 4, March 2013 by

4-3-2013 — /europawire.eu/ — PSA Peugeot Citroën today (28/02/2013) issued a 1 billion euros bond with a 5 years maturity (March 2018) and an annual coupon of 7.375%. This confirms the Group’s ability to seize opportunities in the bond market. Despite … Read the full press release →

Posted in Automotive, Business, Financial, France, Investment

EU Passenger rights: better protection for bus and coach travellers

Posted on 4, March 2013 by

Brussels, 4-3-2013 — /europawire.eu/ — Today, Regulation (EU) No 181/2011 on bus and coach passenger rights becomes applicable, providing bus and coach travellers throughout the EU with new rights. The regulation lays down travellers’ basic rights, and imposes a number of obligations on bus … Read the full press release →

Posted in Automotive, Belgium, European Union, Government, Law, Transportation & Logistics

Applus+ IDIADA successfully completes World’s most powerful prototype electric sports car

Posted on 1, March 2013 by

Volar-e presentation Applus+ IDIADA successfully completes World’s most powerful prototype electric sports car. The project undertaken by the Spanish company on behalf of the European Commission shows that electric vehicles can have sporty performance. BARCELONA, 1-3-2013 — /europawire.eu/ —  Applus+ IDIADA, … Read the full press release →

Posted in Automotive, Business, Energy, Gas & Oil, Environment, Science, Spain, Sports, Technology, Transportation & Logistics

Frédéric Fabre Appointed Managing Director of Peugeot Scooters (Peugeot Motocycles)

Posted on 1, March 2013 by

1-3-2013 — /europawire.eu/ — Effective 1 March, Frédéric Fabre has been appointed Managing Director of Peugeot Scooters (Peugeot Motocycles), replacing Pierre-Louis Colin. Mr Fabre, 48, is a graduate of the École des Mines de Paris and has a business degree from … Read the full press release →

Posted in Automotive, Business, France, Management

Electric race car Volar-e shows powerful capabilities

Posted on 1, March 2013 by

Brussels, 1-3-2013 — /europawire.eu/ — Today the capabilities of the Volar-e, one the most powerful electric cars ever made, will be demonstrated during the demanding Formula 1 test days in the Circuit de Catalunya (Barcelona), in the presence of European Commission Vice … Read the full press release →

Posted in Automotive, Belgium, Business, Energy, Gas & Oil, Environment, European Union, Government, Investment, Spain, Technology, Transportation & Logistics

Pierre-Louis Colin Appointed Executive Vice President, Aftersales Services and Parts of PSA Peugeot Citroën

Posted on 28, February 2013 by

28-2-2013 — /europawire.eu/ — Effective 1 March 2013, Pierre-Louis Colin has been appointed Executive Vice President, Aftersales Services and Parts of PSA Peugeot Citroën, replacing Gilles Boussac. Mr Colin, 49, is a graduate of the Ecole des Mines de Paris. After … Read the full press release →

Posted in Automotive, Business, France, Management

New President Appointed at Changan PSA Automobile Co., Ltd (CAPSA)

Posted on 26, February 2013 by

26-2-2013 — /europawire.eu/ — PSA Peugeot Citroën and Changan Automobile Group announced today the proposed appointment of Gilles Boussac as President of Changan PSA Automobile (CAPSA) at the next meeting of the joint venture’s Board of Directors on 27 March 2013. … Read the full press release →

Posted in Automotive, Business, France, Management

PSA Peugeot Citroën: Full Year 2012 Financial Results

Posted on 25, February 2013 by

25-2-2013 — /europawire.eu/ — In the context of the deterioration of the European automotive market, the overall efforts deployed by the Group and the difficult decisions taken have enabled PSA Peugeot Citroën in 2012 to lay the foundations for its industrial … Read the full press release →

Posted in Automotive, Banks, Business, Financial, France, Industrial, Investment

Experian Automotive: Sixty-Day Auto Loan Delinquencies Rise for First Time Since 2009

Posted on 22, February 2013 by

Auto lending still healthy as delinquencies remain below prerecession levels Schaumburg, Ill., 22-2-2013 — /europawire.eu/ — Experian Automotive today released its industry-wide analysis of automotive credit trends for Q4 2012 and found that 60-day delinquencies rose from 0.72 percent in Q4 2011 … Read the full press release →

Posted in Automotive, Banks, Business, Financial, Technology, United Kingdom

The New Octavia Combi: Space at its finest

Posted on 22, February 2013 by

22-2-2013 — /europawire.eu/ — New Octavia Combi continues ŠKODA’s model offensive. World premiere at the Geneva Motor Show in early March, 2013. “Heart of the brand” – sets new standards in the compact segment. Mid-class qualities for the price of a … Read the full press release →

Posted in Automotive, Business, Czech Republic

Confirmation of Mr Louis Gallois’s cooptation as a Member of the Supervisory Board of Peugeot S.A.

Posted on 22, February 2013 by

22-2-2013 — /europawire.eu/ — The Supervisory Board of Peugeot S.A. today agreed to coopt Mr Louis Gallois as a member of the Supervisory Board, replacing Mr Marc Friedel. Mr Marc Friedel has been appointed non-voting advisor. Mr Louis Gallois’s cooptation will … Read the full press release →

Posted in Automotive, Business, France, Management

Leoni generates new sales record in 2012

Posted on 22, February 2013 by

Provisional figures put consolidated net income at previous year’s level Nuremberg, 22-2-2013 — /europawire.eu/ — Leoni, the leading provider of cables and cable systems to the automotive sector and other industries, according to provisional calculations generated a new sales high in its … Read the full press release →

Posted in Automotive, Business, Electronics & Machinery, Financial, Germany, Industrial

Road transport: Commission refers Austria, Finland and Poland to the European Court of Justice for failing to apply EU working time rules to self-employed drivers

Posted on 22, February 2013 by

Brussels, 22-2-2013 — /europawire.eu/ — The European Commission has decided today to take Austria, Finland and Poland to the European Court of Justice for failing to apply EU working time rules to self-employed drivers (Directive 2002/15/EC). More than two years have passed since the … Read the full press release →

Posted in Austria, Automotive, Belgium, Business, European Union, Finland, Government, Law, Poland, Transportation & Logistics

EIB loan: Leoni develops new cable systems for future car generations

Posted on 22, February 2013 by

22-2-2013 — /europawire.eu/ — The global company Leoni AG has received a EUR 100m loan from the European Investment Bank (EIB) for its research work in the area of automotive electrical and electronic distribution systems. By using new materials and production … Read the full press release →

Posted in Automotive, Banks, Business, European Union, Financial, Germany, Industrial, Investment, Technology

ROLLS-ROYCE WRAITH: STYLE

Posted on 22, February 2013 by

Goodwood, 22-2-2013 — /europawire.eu/ — Rolls-Royce Motor Cars today publishes the third official image of its new model Wraith, which will be launched at the Geneva Motor Show on 5 March 2013. The newest model in the pinnacle car maker’s range features a … Read the full press release →

Posted in Apparel, Fashion & Beauty, Automotive, Business, Technology, United Kingdom

ŠKODA is investing in a Greener Future

Posted on 21, February 2013 by

21-2-2013 — /europawire.eu/ — Environmental protection activities combined in ŠKODA AUTO ‘GreenFuture’ Project. Focus: Environmentally friendly ŠKODA vehicles. Sustainable production and eco-friendly sales and customer service. Already 48 ŠKODA models under 120g CO2/km and ten under 100g CO2/km. The aim of … Read the full press release →

Posted in Automotive, Business, Czech Republic, Environment, Technology

PSA Peugeot Citroën: Four Labour Unions (CFE/CGC, CFTC, FO and SIA/GSEA) issue a favourable opinion on the draft agreement

Posted on 21, February 2013 by

Paris, 21-2-2013 — /europawire.eu/ — Four Labour Unions (CFE/CGC, CFTC, FO and SIA/GSEA) issue a favourable opinion on the draft agreement outlining support measures for employees at the Rennes and Aulnay sites. At the end of the tenth and last meeting to … Read the full press release →

Posted in Automotive, Business, France, Society

ROLLS-ROYCE WRAITH: POWER, STYLE, DRAMA

Posted on 21, February 2013 by

The question of Power… Goodwood, 21-2-2013 — /europawire.eu/ — Rolls-Royce Motor Cars today publishes the second image of its next model, Wraith, a hand-built motor car that exudes hallmark Rolls-Royce luxury and comfort whilst possessing a character defined by Power, Style and … Read the full press release →

Posted in Automotive, Business, Marketing, Technology, United Kingdom