Nissan aims to sell 1 million electrified vehicles a year by FY2022 Nissan M.O.V.E to 2022 midterm plan targets technology evolution with electric vehicle leadership, autonomous driving expansion and the delivery of mobility services YOKOHAMA, Japan – Nissan Motor Co., Ltd. today unveiled plans to launch growing numbers of electrified vehicles, expand and evolve… Continue reading Nissan aims to sell 1 million electrified vehicles a year by FY2022
Category: Automotive
Pagani Huayra successor to offer electric & manual option – report
The founder of ultra-desirable supercar manufacturer Pagani has revealed details, via an Italian report, about two upcoming vehicles that should have purists and electric car enthusiasts alike very excited indeed. Horacio Pagani started his company 20 years ago, with the debut of the gorgeous Zonda – a car which was still produced as late as… Continue reading Pagani Huayra successor to offer electric & manual option – report
DongFeng Motor Group and Groupe PSA Establishes a Leasing Joint Venture to Address the Automotive Market in China
WUHAN, China–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG): On March 23rd, 2018, DongFeng Motor Group (DFG), Banque PSA Finance (BPF, the captive financing and mobility services provider of Groupe PSA) and DongFeng Peugeot Citroën Automobiles (DPCA), signed a joint venture (JV) agreement aiming to create a financial leasing joint venture to offer especially long term leasing… Continue reading DongFeng Motor Group and Groupe PSA Establishes a Leasing Joint Venture to Address the Automotive Market in China
(3rd LD) Hyundai mulls whether to produce small pickup truck in U.S.
(ATTN: MINOR edits in lead, para 6) By Choi Kyong-ae SEOUL, March 26 (Yonhap) — Hyundai Motor Co. is mulling whether to produce a small pickup truck in the United States to avoid high tariffs and meet growing local demand, the company said Monday, while stressing that no concrete decision has been made on the… Continue reading (3rd LD) Hyundai mulls whether to produce small pickup truck in U.S.
Daimler launches new DENZA electric vehicle for the Chinese market
Daimler and its Chinese partner BYD continuously invest in DENZA product development for China’s New Energy Vehicle (NEV) market New DENZA electric vehicle brings a refreshed exterior design and extended range of around 500 kilometers Locally sourced and produced, DENZA brand combines Daimler’s vehicle architecture expertise with BYD’s leading battery technology Stuttgart / Shenzhen –… Continue reading Daimler launches new DENZA electric vehicle for the Chinese market
As electric as off-road
It is always exciting to watch the future take shape. Especially when you have the exclusive opportunity to get involved alongside the influential players at Porsche’s top-secret design laboratory in Weissach. A first encounter with the Porsche Mission E Cross Turismo.
Uber CEO says there will be no more global exit deals
Uber has exited three global markets by selling to rivals, but enough is enough after its deal with Grab so says CEO Dara Khosrowshahi. Following today’s announcement with Grab which sees Uber leave Southeast Asia hot on the heels of exits in China (2016) and Russia (2017), Khosrowshahi told employees that there will be no more repeats… Continue reading Uber CEO says there will be no more global exit deals
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’
Volvo Cars to produce Lynk & Co cars at Ghent, Belgium plant
Volvo Cars to produce Lynk & Co cars at Ghent, Belgium plant Volvo Cars, the premium car maker, will produce cars for the new car brand Lynk & Co in Volvo Cars’ manufacturing plant in Ghent, Belgium from late 2019. The announcement represents a closer collaboration between the two companies, following Volvo Cars’… Continue reading Volvo Cars to produce Lynk & Co cars at Ghent, Belgium plant
British-built Toyota Avensis culled due to slowing sales
Toyota has ended production of its British-built Avensis in response to dwindling demand for the Ford Mondeo and Vauxhall Insignia Grand Sport rival. Avensis sales in the UK fell to just 3473 units last year, a drop of 1660 on 2016. In Europe, just 25,319 examples were sold – less than half the number achieved by the… Continue reading British-built Toyota Avensis culled due to slowing sales