Author: Automotive News Feed
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EVs, small SUVs are winners in first half
The European car market underwent a big shake-up in the first half as there was a change at the top of nine of the 24 segments tracked by Automotive News Europe. The biggest gainers were electric vehicles and small SUVs.
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Premium automakers push into profitable niche segments in H1
Premium automakers are progressively pushing volume rivals out of profit-rich niches such as coupes and convertibles. In the first half, 67 percent of all coupes sold in Europe were from premium brands, up from 55 percent in 2013.
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Marchionne says Fiat Chrysler will bypass Wall Street road show
Fiat Chrysler CEO Sergio Marchionne said he doesn’t plan to hold a road show for investors before listing shares of the combined car company in New York next month.
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First Shift: ‘Silos, firewalls’ at GM
But NHTSA could have done more to stem crisis, boss says; CFPB to oversee captives?; how GM trucks outsold F-Series.
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Mercedes boosts CLA production on strong demand
Mercedes has increased production capacity for its Hungary-built CLA compact sedan, aiming to alleviate tight supplies that have limited sales, particularly in the key U.S. market.