Posted on Sep 28, 2021 at 7:10 Updated on Sep 28, 2021 at 7:32 Valeo persists and signs on the interest of joint venture created at the end of 2016 with Siemens in electric motors. Despite several difficult years and the recurring skepticism of analysts, the French equipment manufacturer now believes that the hardest part… Continue reading Valeo’s big bet in motors for electric cars
Author: Les Echos (French)
Citroën assaulting emerging countries with a tailor-made range
Posted on Sep 16, 2021 at 12:00 PMUpdated on Sep 16, 2021 at 12:17 PM Will Citroën do better in India and Brazil than Renault and Ford? While the French rival is enjoying relative success in these emerging markets and the American manufacturer abandons them, the herringbone brand presents a new model designed specifically to… Continue reading Citroën assaulting emerging countries with a tailor-made range
The way seems to be clear for the arrival of Tesla in India
The door to the Indian market has just opened a little more for Tesla. According to the daily “India Times”, the American manufacturer who wishes to test this market has received the support of several ministries of the Indian government. At the same time, four models have just obtained their circulation authorization from the Indian… Continue reading The way seems to be clear for the arrival of Tesla in India
Electric car: these newcomers who want to follow Tesla’s path
Where are the young shoots of the electric car? Among the many companies to have followed in Tesla’s wake in recent years, some are already no longer quite start-ups: the Chinese Nio , Xpeng or Li Auto started to deliver cars. They are now well established, at least in their country. Others succeed in raising… Continue reading Electric car: these newcomers who want to follow Tesla’s path
Faurecia changes size with the takeover of German Hella
In the heart of summer, the race for consolidation continues among automotive suppliers. The French group Faurecia will buy a majority stake in its German counterpart Hella and proposes to acquire all of it to create a global giant in the sector, presented as the seventh largest player in the world. Under the terms of… Continue reading Faurecia changes size with the takeover of German Hella
Škoda: the great ambitions of Volkswagen’s little-known gem
The little-known nugget of the Volkswagen group has great ambitions. The Czech manufacturer Škoda, which has just announced its strategic plan for 2030, wants to climb into the European top 5 by that date, with an operating margin of 8% worthy of “premium” manufacturers. “In a context where the automotive industry is completely upset, we… Continue reading Škoda: the great ambitions of Volkswagen’s little-known gem
The mastermind of Carlos Ghosn’s escape sentenced to two years in prison in Japan
Posted on 19 Jul 2021 at 10:57 Updated on 19 Jul 2021 at 10:58 Hoping for a little clemency from the judges, Michaël Taylor and his son Peter had admitted, before the court, that they had orchestrated well the incredible escape from Japan , at the end of December 2019, by Carlos Ghosn by hiding… Continue reading The mastermind of Carlos Ghosn’s escape sentenced to two years in prison in Japan
Automotive: Stellantis’ half-year results will be better than expected
Posted on Jul 8, 2021 9:50 AM The difficulties that automakers face in sourcing semiconductors do not prevent them from posting excellent results. Stellantis, the group resulting from the merger at the beginning of the year between PSA and Fiat Chrysler, thus reported Thursday morning of an “update on its results for the first half”,… Continue reading Automotive: Stellantis’ half-year results will be better than expected
Automotive: Alpine, Renault’s track to return to China
Posted on Jul 8, 2021 at 6:15 am How to regain a foothold in the Chinese market without risking losing your shirt with ruinous investments, and with a product likely to appeal to the local customer? Since his arrival at the head of Renault , Luca de Meo seeks to solve this equation. According to… Continue reading Automotive: Alpine, Renault’s track to return to China
Renault “targets 90% of purely electric cars by 2030”, says its boss
Ten years ago, Renault was a pioneer in the electric market. Today, the group seems to lag behind some of its competitors. How do you explain it? When I arrived, I discovered a group with a lot of potential, skills, and above all experience. Renault has actually entered this market almost at the same time… Continue reading Renault “targets 90% of purely electric cars by 2030”, says its boss