Category: Automotive

Nissan and Renault could merge to form one company, says report

Nissan and Renault are in talks about merging to create one new company, according to reports by business news agency Bloomberg. The Japanese and French car makers have been in an alliance since 1999, with Mitsubishi joining in 2016, helping the trio to overtake the Volkswagen Group as the largest car company in the world. But… Continue reading Nissan and Renault could merge to form one company, says report

UPDATE 1-Tesla returned to German subsidies list, ending row

FRANKFURT/BERLIN (Reuters) – Tesla (TSLA.O) buyers in Germany can apply for subsidies again because a government agency has ended its dispute with the U.S. carmaker over whether its Model S was too expensive to qualify for the incentives scheme. A charging point is seen at a Tesla dealership in West Drayton, just outside London, Britain,… Continue reading UPDATE 1-Tesla returned to German subsidies list, ending row

SAIC may set up car factory in Egypt

A worker checks the quality of newly made cars at an assembly line of SAIC Motor in Qingdao, East China’s Shandong province. [Photo by Yu Fangping/For China Daily] CAIRO－China’s giant carmaker SAIC Motor is planning to set up a car manufacturing factory in Egypt, a top Egyptian official said on Sunday. Egypt’s Minister of Trade… Continue reading SAIC may set up car factory in Egypt

Volkswagen offers diesel customers security

Press Release Brand Wolfsburg, 29 March 2018 Volkswagen offers diesel customers security The Volkswagen brand is starting a diesel campaign for its customers in Germany in April. The new Germany Guarantee gives the buyers of new and year-old vehicles with diesel engines purchased from a   …more

Press Release – Magna Posts 2017 Annual Report

Please click HERE for a PDF version of the release. AURORA, Ontario, March 28, 2018 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:MG) (NYSE:MGA) today announced that its 2017 Annual Report, including Management’s Discussion and Analysis and Audited Consolidated Financial Statements, Annual Information Form (AIF) and Form 40-F, are now available on the company’s website, www.magna.com. … Continue reading Press Release – Magna Posts 2017 Annual Report

Future offer for diesel drivers: Audi extends environmental trade-in bonus and gives “return promise”*

Audi is continuing its support for switching to more environmentally friendly Euro 6 diesel engines in the second quarter. Customers who switch from their previous diesel vehicle with Euro 1 to Euro 4 emissions standards will receive a price advantage on their new car. Depending on the model, this is staggered and amounts to between… Continue reading Future offer for diesel drivers: Audi extends environmental trade-in bonus and gives “return promise”*

Mazda reveals 2018 CX-3 at New York Auto Show

The updated 2018 Mazda CX-3 had its world premiere on 28th March at the New York Auto Show. Featuring a more mature KODO design, extensively modified SKYACTIV engines and a broader range of i-ACTIVSENSE safety technologies, the new Mazda CX-3 is ready to continue the success of the previous model when it goes on sale… Continue reading Mazda reveals 2018 CX-3 at New York Auto Show

Renault shares jump after Nissan merger report

Shares in French car maker Renault have jumped 5.4% at the opening of trading after a report that it is in merger talks with Japanese car giant Nissan. Bloomberg reported that the companies are discussing becoming one entity with a single stock. The companies have been in a strategic alliance since 1999. Asked about the… Continue reading Renault shares jump after Nissan merger report

Jaguar ‘R’ models facing the axe

Jaguar is likely to kill of ‘R’ versions of future models to avoid confusion and to allow its SVR models “to shine”.  Traditionally the British brand has used the letter ‘S’ to denote sporty models and ‘R’ for the most powerful derivatives. But since the re-launch of Jaguar Land Rover’s Special Vehicle Operations (SVO) division… Continue reading Jaguar ‘R’ models facing the axe