Category: Automotive

Shell Acquires Interest in Silicon Ranch Corporation

NASHVILLE, Tenn., Jan. 15, 2018 /PRNewswire/ — Silicon Ranch Corporation, a leading U.S. developer, owner, and operator of solar energy plants, announced today that it has signed an agreement to make Shell its largest shareholder. As part of the agreement, Shell will acquire a 43.83% interest in Silicon Ranch from Partners Group, the global private markets… Continue reading Shell Acquires Interest in Silicon Ranch Corporation

The automobiles monthly down, while yearly up

The automobiles monthly down, while yearly up In October, the automobiles kept growth yearly, while witnessed a slight decline monthly. This month, the production and sales of automobiles in China reached 2,604,000 and 2,704,000 units respectively, down 2.5% and 0.2% than that of last month, but up 0.7% and 2% year on year.　　For the first… Continue reading The automobiles monthly down, while yearly up

BRIEF-Fiat Chrysler CEO says no woman among successor candidates

Jan 15 (Reuters) – Fiat Chrysler Automobiles Chief Executive Sergio Marchionne tells reporters in Detroit: * THERE IS NO WOMAN AMONG CANDIDATES CONSIDERED AS HIS SUCCESSOR * WILL KEEP HIS POST AS CHAIRMAN AT CNH INDUSTRIAL FOR NOW Further company coverage: (Reporting by Milan newsroom) Our Standards:The Thomson Reuters Trust Principles.

Statistics: New registrations, property transfers, Decommissioning of motor vehicles and Motor vehicle trailers by registration area in 2016

date 09/28/2018 The following statistic is available now PDF File format on the website of the Federal Motor Transport Authority ( KBA ) ready for downloading: New registrations, transfer of ownership, decommissioning of motor vehicles and their trailers to the registration districts in 2016 ( FZ 5 )

Over a million units sold in Europe for the Toyota Group

With 1,001,662 vehicles sold in 2017, the Japanese saw its sales rise by 8% on the Old Continent and reach a market share of 4.8%. In addition, 40% of sales are hybrid-electric. “2017 was a very good year for us, we have passed the one million mark in a difficult market and we are ahead… Continue reading Over a million units sold in Europe for the Toyota Group

BRIEF-Fiat Chrysler CEO: makes more sense to buy back shares than pay dividends

Jan 15 (Reuters) – Fiat Chrysler Automobiles (FCA) CEO Sergio Marchionne told reporters in Detroit: * BELIEVES MAKES MORE SENSE TO USE CASH TO BUY BACK SHARES THAN TO PAY OUT DIVIDEND * WHEN ASKED ABOUT A POTENTIAL JEEP SPIN-OFF, SAYS SEPARATING BRANDS FROM THE GROUP IS A “COMPLEX MATTER”, WOULD NOT DISTANCE HIMSELF FROM… Continue reading BRIEF-Fiat Chrysler CEO: makes more sense to buy back shares than pay dividends

Failed on ignition for the Kwid in Brazil

While Renault had high hopes for the launch of the Kwid in Latin America, the French manufacturer had some failures in ignition in Brazil. Sold in India for two years, this little car with very low costs had been launched in Brazil last September at a price of 30,000 to 40,000 reals (between 8,000 and… Continue reading Failed on ignition for the Kwid in Brazil