Sixt Launches Carsharing Service in Munich

The Munich Sixt share business area extends from Solln to Milbertshofen and from Pasing to Bogenhausen. Photo via John Morgan/Flickr.  Following its launch in Berlin and Hamburg, the carsharing service Sixt share is now also available in Munich. Besides the option of conventional car rental or booking a taxi or driving service via Sixt ride, customers can now also use… Continue reading Sixt Launches Carsharing Service in Munich

Adjudicator says any security defence of US auto tariffs at WTO “very difficult”

GENEVA (Reuters) – The United States will find it “very difficult” to defend President’s Donald Trump’s proposed car tariff against any challenge at the World Trade Organization, a veteran trade adjudicator who has ruled on a related case told Reuters. FILE PHOTO: Workers assemble vehicles on the assembly line of the SEAT car factory in… Continue reading Adjudicator says any security defence of US auto tariffs at WTO “very difficult”

Fiat Chrysler and Renault pursue $35 billion merger to combat car industry upheaval

MILAN/PARIS (Reuters) – Fiat Chrysler pitched a finely balanced merger of equals to Renault on Monday to tackle the costs of far-reaching technological and regulatory changes by creating the world’s third-biggest automaker. If it goes ahead, the $35 billion-plus tie-up would alter the landscape for rivals including General Motors and Peugeot maker PSA Group, which… Continue reading Fiat Chrysler and Renault pursue $35 billion merger to combat car industry upheaval

Fiat Chrysler proposes merger with Renault

Fiat Chrysler has made a “transformative” merger proposal for French carmaker Renault, the Italian firm said on Monday. The combined business would be 50% owned by Fiat shareholders and 50% by Renault stockholders. The carmaker said the merger would create a global automotive leader, with 8.7 million vehicle sales. Carmakers have faced pressure to consolidate… Continue reading Fiat Chrysler proposes merger with Renault

Fiat’s experience with Chrysler shows Renault deal can work – FCA chairman

MILAN, May 27 (Reuters) – Fiat’s experience with Chrysler shows the scope of what Fiat Chrysler (FCA) could achieve in the next few years if a proposed merger with Renault went through, the chairman of the Italian-American car maker said on Monday. “Based on the experience with Chrysler in these past 10 years, I’m very… Continue reading Fiat’s experience with Chrysler shows Renault deal can work – FCA chairman

Renault Selects The New Motion As The Preferred Charging Partner

Renault will offer a one-stop-shop solution for home charging selling The New Motion’s 11 kW (three-phase) EVSE with Dynamic Power Management During the EVS32 in Lyon, France, The New Motion (Shell subsidiary since 2017) announced a partnership with Renault as the preferred charging partner for Renault’s Z.E. line of all-electric cars. According to the press… Continue reading Renault Selects The New Motion As The Preferred Charging Partner

Factbox: Auto industry consolidation – mega-mergers and alliances

FRANKFURT (Reuters) – Italian-American carmaker Fiat Chrysler on Monday proposed a merger of equals with France’s Renault in a deal that could create the world’s third-biggest carmaker and trigger a fresh round of industry consolidation. FILE PHOTO: The logo of French car manufacturer Renault is seen at a dealership of the company in Illkirch-Graffenstaden near… Continue reading Factbox: Auto industry consolidation – mega-mergers and alliances