Nick Gibbs UK-based correspondent for Automotive News Europe Nick Gibbs covers the UK market for Automotive News Europe. [email protected] See All Staff Page Recent Stories Toyota ranks No. 1, but VW makes biggest gain in car brand value Toyota has been No. 1 in the brand value rankings in 12 of the 14 years the BrandZ Top 100 Most Valuable Global Brands 2019 study has been carried out. VW was the only brand in the automotive top 10 list to improve its valuation. Premium automakers can’t afford the luxury of current business model, analyst says Sales of premium cars probably have peaked globally, threatening the business model of Germany’s luxury automakers, said Philippe Houchois, managing director of Jefferies Group. IAC names former Magna exec Manfred Gingl as CEO International Automotive Components Group (IAC) named former Magna International executive Manfred Gingl to the post of CEO. Jaguar's I-Pace, built by Magna, arrives in Canada this year Jaguar touts design, a roomy interior and fast-charging as game-changing features in its I-Pace full-electric crossover, which is built by Magna and arrives in Canada in the second half of 2018. Toyota teases sporty coupe developed with BMW Toyota's Supra performance coupe looks likely to debut in concept form at next month's Geneva auto show after the automaker released a teaser picture. The new Supra is being developed in partnership with BMW. Magna develops self-charging electric-fuel cell combo vehicle Canadian supplier Magna International has developed a fuel cell range-extended electric vehicle that uses both electricity and hydrogen and can recharge its battery on the move. Ford packs new Fiesta with advanced tech; adds Vignale, crossover variants Ford is adding upscale and crossover versions of its new Fiesta, along with advanced safety technologies, to boost the car's competitiveness in the tough subcompact segment. Alfa may share its rwd platform Alfa Romeo's new rear-wheel-drive platform underpinning the Giulia sedan and Stelvio crossover is likely to be used on other Fiat Chrysler Automobiles vehicles, the brand's head has said.