Renault and Nissan have today announced an equity stake revision of their partnership. The French automaker, which holds a 43% stake in the Japanese company, is to reduce it to 15 percent. In a statement, Nissan said that after several months of constructive discussions with the Renault Group, “it has reached an important milestone… Continue reading Renault to reduce stake in Nissan from 43% to 15%
Category: US Motoring Press
‘We expect more sectors to be brought under the PLI umbrella:’ Satyakam Arya
The commercial vehicle (CV) segment which is the barometer of a country’s economy is witnessing green shoots in India with the government’s relentless push to drive infrastructure development by rapidly building new networks of highways and expressways. While the macro-economic factors look set to continue driving growth in the CV sector in the coming fiscal… Continue reading ‘We expect more sectors to be brought under the PLI umbrella:’ Satyakam Arya
‘A reprieve on GST will come as a welcome move’: Prashanth Doreswamy
For Continental India, the domestic arm of German Tier-1 major, the upcoming Union Budget 2023-24, holds a lot of potential to spur growth in India’s evolving electric mobility segment. The company also expects the government to give policy thrust for India to become an engineering-research and development (ER&D) hub of the world. According to Prashanth… Continue reading ‘A reprieve on GST will come as a welcome move’: Prashanth Doreswamy
Renault to reduce Nissan stake following crunch talks
The Renault Group will significantly reduce its stake in Nissan as part of a historic reshaping of the two firms’ Alliance. Key to the new terms of the Alliance is equity of control over the other firm: each will retain a 15% shareholding in the other, with voting rights capped in kind. Renault, which holds a… Continue reading Renault to reduce Nissan stake following crunch talks
Tech Talk: Sustainable tyres pass a new milestone
Some aspects of making cars more sustainable are taking much longer than others, but one that appears to be making quicker progress is the tyre. Goodyear has announced a demonstration tyre made from 90% sustainable materials that meets all the necessary regulations and has passed its own internal tests for performance and safety. The tyre isn’t… Continue reading Tech Talk: Sustainable tyres pass a new milestone
Greatest road tests ever: Mitsubishi Starion 2.6 Turbo
Tested 28.6.89 Seven years after the Starion coupé’s launch, Mitsubishi took the unusual step of replacing its 2.0-litre turbo with an engine pinched from a 4×4. The updated Starion’s engine was derived from the Mitsubishi Shogun’s 2.6-litre powerplant and used an iron block and a single-cam alloy head with three valves per cylinder. A 24bhp… Continue reading Greatest road tests ever: Mitsubishi Starion 2.6 Turbo
Under the skin: Sustainable tyres pass a new milestone
Some aspects of making cars more sustainable are taking much longer than others, but one that appears to be making quicker progress is the tyre. Goodyear has announced a demonstration tyre made from 90% sustainable materials that meets all the necessary regulations and has passed its own internal tests for performance and safety. The tyre isn’t… Continue reading Under the skin: Sustainable tyres pass a new milestone
Editor’s letter: Jeep Avenger kick starts brand’s European comeback
The Jeep Avenger’s crowning as the 2023 Car of the Year must count as one of the industry’s most unlikely success stories. Back in the autumn when it was revealed, the Avenger, designed, engineered and built in Europe, was billed as the Jeep that showed the famous US 4×4 brand was finally taking Europe seriously,… Continue reading Editor’s letter: Jeep Avenger kick starts brand’s European comeback
Safety standards to heavily restrict Alpine A110 sales from 2024
The European Union’s new ‘General Safety Regulations 2’ homologation rules are set to hurt the commercial success of the critically acclaimed Alpine A110 sports car. The rules mandate the integration of certain cameras and sensors that enable active safety systems to be fitted on all new models introduced now, and on existing cars from July… Continue reading Safety standards to heavily restrict Alpine A110 sales from 2024
New 2024 Audi A8 will be “very close” to Grandsphere concept
The next-generation Audi A8 will go up against the Mercedes-Benz EQS with a high-performance EV powertrain and a radical new look heavily based on 2021’s show-stopping Grandsphere concept. The new A8 will serve as the flagship for a wave of boldly designed bespoke EVs atop Audi’s new PPE electric car platform, co-developed with Porsche. The first… Continue reading New 2024 Audi A8 will be “very close” to Grandsphere concept