Peugeot boss: ‘We can hit CO2 goals without dedicated EVs’

Peugeot, the PSA Group’s most successful brand, grew its sales significantly by 10.4% last year. In stark contrast to the performances of siblings Citroën and DS, whose sales declined 7.5% and 38.5% respectively, Peugeot sold 2,119,845 cars across the 12 months. That’s more than two-thirds of PSA’s total. Buoyed by this strong performance, Peugeot chief… Continue reading Peugeot boss: ‘We can hit CO2 goals without dedicated EVs’

CNBC Exclusive: CNBC Transcript: General Motors Chairman & CEO Mary Barra Speaks with CNBC’s Brian Sullivan …

WHEN: Today, Wednesday, March 7, 2018 WHERE: CNBC’s “Power Lunch” – From CERAWeek by IHS Markit in Houston, TX Following is an unofficial transcript of a CNBC EXCLUSIVE interview with General Motors Chairman & CEO Mary Barra and CNBC’s Brian Sullivan on CNBC’s “Power Lunch” (M-F 1PM-3PM) today, Wednesday, March 7, 2018. Following is a… Continue reading CNBC Exclusive: CNBC Transcript: General Motors Chairman & CEO Mary Barra Speaks with CNBC’s Brian Sullivan …

VW boss says ‘risk of jail’ justifies mega salary

FRANKFURT AM MAIN, Germany – The head of German car giant Volkswagen, still grappling with the fallout from a huge emissions cheating scandal, on Friday defended his 10-million-euro salary by saying it made up for the risk of having “one foot in jail”. In an interview with news weekly Der Spiegel, Matthias Mueller said he… Continue reading VW boss says ‘risk of jail’ justifies mega salary

INTERVIEW – Sarah-Jayne Williams, Ford’s Director, Smart Mobility (Europe)

Opportunities ahead with Smart Mobility initiatives in Europe for Sarah-Jayne Williams In September of last year, Sarah-Jayne Williams joined Ford as its first director for ‘Smart Mobility’ in Europe. Her job is to focus on future mobility solutions for Europe and to define and implement Ford of Europe’s Smart Mobility strategy. Dave Leggett recently caught… Continue reading INTERVIEW – Sarah-Jayne Williams, Ford’s Director, Smart Mobility (Europe)

INTERVIEW – Sarah-Jane Williams, Ford’s Director, Smart Mobility (Europe)

Opportunities ahead with Smart Mobility initiatives in Europe for Sarah-Jayne Williams In September of last year, Sarah-Jayne Williams joined Ford as its first director for ‘Smart Mobility’ in Europe. Her job is to focus on future mobility solutions for Europe and to define and implement Ford of Europe’s Smart Mobility strategy. Dave Leggett recently caught… Continue reading INTERVIEW – Sarah-Jane Williams, Ford’s Director, Smart Mobility (Europe)

Aston Martin Plotting A Third Mid-Engined Model

The company is calling it “brother of the Valkyrie.” The Aston Martin Valkyrie is the first vehicle in what we expect to be a long line of mid-engined arrivals from the storied British sports car maker. The limited hypercar will eventually spawn a more affordable offering to rival the Ferrari 488, and new reports suggest… Continue reading Aston Martin Plotting A Third Mid-Engined Model

Aston Martin’s Mid-Engine Car Will Likely Have a Bespoke Engine, Might Have Manual Gearbox

Aston Martin CEO Andy Palmer is one of the good ones. He’s not just another talking head spouting the company line in rehearsed statements. He says more of substance than most CEOs, and he’s intensely interesting and opinionated. He also doesn’t hold back when it comes to information on the future of where the brand… Continue reading Aston Martin’s Mid-Engine Car Will Likely Have a Bespoke Engine, Might Have Manual Gearbox

Electrification, luxury and design: Talking with Marek Reichman and Andy Palmer

Andy Palmer sits near the top of the list of industry executives journalists like to talk to. There’s a refreshing honesty to the 54-year old Brit, a willingness to slice through the sort of circumspect phrases his underlings put into press kits and speak his mind. He managed it when working in the ultra-corporate world… Continue reading Electrification, luxury and design: Talking with Marek Reichman and Andy Palmer

Mergers within Renault-Nissan-Mitsubishi alliance possible but not a goal: Ghosn

PARIS (Reuters) – The head of Renault, Carlos Ghosn, on Friday did not rule out the possibility of mergers among members of the Renault-Nissan-Mitsubishi alliance (RENA.PA) (7201.T) (7211.T) but said this was not necessarily a goal. Carlos Ghosn, Chairman and CEO of Renault, speaks during the French carmaker Renault’s 2017 annual results presentation at their… Continue reading Mergers within Renault-Nissan-Mitsubishi alliance possible but not a goal: Ghosn

Carlos Ghosn: ‘We’re probably the only carmaker who’s starting to make money selling electric cars’

The auto alliance between Renault, Nissan and Mitsubishi is probably the most advanced and profitable carmaker when it comes to producing electric cars, the company’s CEO told CNBC Friday. The alliance, which started work on electrification back in 2008, announced September that it is going to produce 12 new electric cars within the next five… Continue reading Carlos Ghosn: ‘We’re probably the only carmaker who’s starting to make money selling electric cars’