GROUPE RENAULT : Information concerning the total number of voting rights and shares – October 2019

Information concerning the total number of voting rights and shares, provided pursuant to article L. 233-8 II of the Code de commerce (the French Commercial Code) and the Article 223-16 of the Règlement général de l’Autorité des marchés financiers (Regulation of the French stock market authority)                 Company name of the issuer:                      Renault SA13/15 quai Alphonse Le… Continue reading GROUPE RENAULT : Information concerning the total number of voting rights and shares – October 2019

Avis Joins LA’s Urban Mobility Lab

Urban Movement Labs (UML) brings together the diverse players needed to successfully implement the next generation of mobility solutions to ensure a sustainable, equitable and accessible future for transportation in Los Angeles, and to generate learnings to be replicated in urban environments around the world. Photo via Depositphotos. Avis Budget Group announces today it is… Continue reading Avis Joins LA’s Urban Mobility Lab

Enterprise Car Club Launches UK Carsharing

To further increase utilization, the vehicle is available as an Enterprise Car Club vehicle on a simple pay as you go tariff at weekends and evenings. Photo via Depositphotos. Enterprise Car Club and sharing economy pioneers, Liftshare, have today announced a partnership that will see the two collaborate on a new mobility model that will… Continue reading Enterprise Car Club Launches UK Carsharing

BMW executive Markus Duesmann tasked with reviving Audi

FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) on Friday installed former BMW (BMWG.DE) executive Markus Duesmann to reinvent Audi (NSUG.DE) after the German premium brand lost key engineering know-how and influence in the wake of the 2015 diesel-cheating scandal. Markus Duesmann, board member of German luxury carmaker BMW attends the company’s annual news conference in Munich, Germany,… Continue reading BMW executive Markus Duesmann tasked with reviving Audi

Enway Raises €6M in Seed Funding

Enway, a Berlin, Germany-based company that builds the next generation of cleaning services, raised €6M in seed funding. The round was led by Redalpine with participation from Berlin Technologie Holding and a number of Silicon Valley business angels including Moving Capital, an investment club of UBER Alumni, and existing investors Atlantic Labs and b10 |… Continue reading Enway Raises €6M in Seed Funding

Ford’s Mustang Mach-E all-electric SUV revealed in leaked photos, prices and configurations

Ford is officially debuting its fully electric crossover SUV on Saturday, November 17 – but we got a look at the new Mach-E (which was just officially named yesterday) a couple of days early. The leak comes from Ford’s own website, as screenshotted for posterity by Jalopnick, and includes photos of most angles of the… Continue reading Ford’s Mustang Mach-E all-electric SUV revealed in leaked photos, prices and configurations

Honda profit plummets

Honda Atlas Cars reported a 50 per cent drop in its profit after tax down to Rs509.7 million in the July to September period of its half yearly financial results filed with the stock exchange on Thursday.The fall in sales revenue is largely due to a fall in sales volume dropping by 67pc year-on-year.HCAR saw its gross margin improve by 288 basis points to 10.4pc “on back of higher car prices and cost efficiencies” in the second quarter.