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  • GENEVA, March 3- Fiat Chrysler Automobiles could sell more than 10 percent of its Ferrari subsidiary in a planned initial public offering, with a view to boosting liquidity in the shares, Chief Executive Sergio Marchionne said on Tuesday. The other 10 percent of Ferrari is owned by Piero Ferrari, vice chairman and son of the founder Enzo, who died in 1988..

  • PSA claims victory in Citroen brand revamp Tuesday, 3 Mar 2015 | 12:28 PM ET

    GENEVA, March 3- French carmaker PSA Peugeot Citroen may expand sales of its C4 Cactus compact SUV to China, a senior executive said on Tuesday, in a sign that a repositioning of the Citroen brand is bearing fruit. Under the Peugeot group's Chief Executive Carlos Tavares, Citroen is attempting to forge a funky but frugal image while sister brand Peugeot challenges...

  • GENEVA, Switzerland— These cars may come with outrageous price tags, but it doesn't cost to goggle. Here's a look at some of the models showcased at the car show in Geneva, where automakers focused on powerful sports cars and luxury sedans. Photographers Laurent Cipriani, Martial Trezzini and Sandro Campardo contributed.

  • GENEVA— Russia's sinking economy is putting up a major hurdle for Ford Motor Co. and General Motors as the U.S. automakers fight to return to profitability in Europe after years of losses. He added that the company wasn't giving up on its goal of returning to profit in Europe in 2016, and that it would work to make earnings in other regions make up for diminished...

  • *Israel, Iran tight-lipped on decades-old arbitration. *Pressure in Israel to remove secrecy. But since the 1979 revolution that brought the ayatollahs to power, Iran has been demanding its share of revenues and assets that remained in Israel.

  • *BMW group sales up 7 pct in Feb.- CEO. GENEVA, March 3- The new boss of BMW will have to cope with the rise of electric cars, automated driving and new competitors, as well as the traditional uncertainties over consumer demand and fuel prices, its outgoing CEO said on Tuesday. Technological changes can often wrongfoot entire industries, Norbert Reithofer told a...

  • Apple iCar won’t scare us: Daimler’s Zetsche Tuesday, 3 Mar 2015 | 8:35 AM ET
    A Daimler AG Mercedes Benz M-Class vehicle moves along the production line at the company's international assembly plant in Vance, Alabama, May 28, 2014.

    Daimler has nothing to fear from an Apple car, the chair of the automaker said, but professed bemusement as to why it would want to enter the auto space.

  • GENEVA, March 3- Fiat Chrysler Automobiles may create a Netherlands- based holding company controlling Ferrari when it spins off the luxury carmaker later this year, FCA Chief Executive Sergio Marchionne said on Tuesday. Speaking at the Geneva auto show, Marchionne stressed the move would not be for tax reasons, but is meant to facilitate Ferrari's planned...

  • BMW AG CEO Norbert Reithofer said Tuesday at the Geneva International Motor Show that his company cannot do without battery-powered vehicles such as its i3 urban compact. Only about 75,000 of the 12.5 million vehicles sold last year in Europe were electrics or hybrids. Still, auto companies have sunk billions into developing alternative propulsion...

  • GENEVA, March 3- German car and truck maker Daimler is not afraid of new competitors from the technology and telecoms industries, Chief Executive Dieter Zetsche said on Tuesday. "There is tremendous opportunity in the convergence of the West Coast tech industry and the auto industry with its huge technological depth," Zetsche said at the Geneva auto show.

  • GENEVA, March 2- Aston Martin on Tuesday announced plans for a luxury crossover SUV that may draw more heavily on its partnership with Daimler, as the British sports car maker confirmed moves to raise more capital and expand into new vehicle categories. Aston has secured about 150 million pounds in additional funding, Chief Executive Andy Palmer said in an...

  • GENEVA, March 3- Europe's carmakers are benefiting from robust demand for passenger cars in most of Europe although the slumping Russian market continues to cast a shadow, making forecasts increasingly difficult, the Chief Executives of Opel and Volkswagen said. The Russian market, once the third largest for General Motors in Europe, is massively down and GM...

  • Volkswagen CEO stands by cautious outlook Monday, 2 Mar 2015 | 4:50 PM ET

    GENEVA— The CEO of Volkswagen AG is staying with his cautious outlook for this year, saying it's a "balanced statement" based on growth in the U.S., Europe and China versus trouble spots such as Russia and Brazil. "We very much see the global trouble spots- Russia, Ukraine, and also the weak markets in Brazil- but we also see that markets in Europe are growing again, that...

  • GENEVA, March 2- Toyota Motor Corp expects to grow sales in western and central Europe by up to 2.5 percent this year but remains cautious on the part of the region which includes crisis-hit Russia, the head of its European operations said on Monday. Didier Leroy said in eastern Europe, which for Toyota includes Russia, Ukraine, Kazakhstan and the Caucasus, the...

  • *Iran Foreign Minister: nuclear deal possible this week. *'Long way to go' to reach Iran nuclear deal- Kerry. LONDON, March 2- Brent crude oil fell more than 2 percent to around $61 a barrel on Monday after Iran said a deal on its nuclear program could be agreed this week if the West lifts sanctions, which could boost the country's oil exports.

  • Volkswagen Passat wins car of the year award Monday, 2 Mar 2015 | 9:49 AM ET

    GENEVA— The large family car Volkswagen Passat has been voted car of the year by European automotive editors at the Geneva International Motor Show. German Volkswagen's four-door sedan beat six other finalists including Citroen's C4 Cactus, Renault's Twingo and the BMW 2- Series Active Tourer. The Passat succeeds Peugeot's compact 308, which won last year.

  • *Iran Foreign Minister: nuclear deal possible this week. LONDON, March 2- Brent crude oil fell almost 2 percent towards $61 a barrel on Monday after Iran said a deal on its nuclear programme could be agreed this week if the West lifted sanctions, which could boost the country's oil exports. Brent crude hit a low of $61.18 a barrel and was at $61.30 by 1220 GMT, down $1.28.

  • GENEVA, March 2- Russian Foreign Minister Sergei Lavrov told the main U.N. human rights forum on Monday that the murder of Kremlin critic Boris Nemtsov was a "heinous crime" and that President Vladimir Putin was leading an investigation to bring perpetrators to justice. He addressed the Geneva forum shortly before U.S. Secretary of State John Kerry and after the...

  • GENEVA- RUSSIAN FOREIGN MINISTER LAVROV SAYS NEMTSOV MURDER IS A "HEINOUS CRIME", PRESIDENT PUTIN IS ENSURING CONTROL OF INVESTIGATION.

  • GENEVA, March 2- The main talking point at this week's Geneva car show is likely to be a vehicle that may never be built: the Apple car. Thilo Koslowski, vice president automotive at technology market research firm Gartner, believes there is now a race between carmakers and tech companies to control the "brain" of next generation vehicles. The ability of software...