4 Ways Rental Fleets Are Elevating Used Vehicle Residual Values

You remember the old saying: “You never get a second chance to make a first impression?” David Paris is a senior analyst at J.D. Power Valuation Services. Photo courtesy of J.D. Power. It is a phenomenon that is very likely at work when it comes to the conventional wisdom that still exists when it comes… Continue reading 4 Ways Rental Fleets Are Elevating Used Vehicle Residual Values

Renault-Nissan-Mitsubishi confirm Alliance “essential for strategic growth”, outline new business model framework

The Renault-Nissan-Mitsubishi Alliance, in an official statement today, has outlined a new framework which is aimed at further reinforce its business model and strengthen its management structure. All three companies have reiterated that “the Alliance is essential for strategic growth and enhance competitiveness for each company.” The new framework, ratified at a meeting of the… Continue reading Renault-Nissan-Mitsubishi confirm Alliance “essential for strategic growth”, outline new business model framework

Department of Justice, EPA and the State of California Clean Air Act Settlement with Kohler Co. will Reduce Emissions by 3,600 Tons

Today, the Department of Justice, Environmental Protection Agency (EPA) and the state of California announced a settlement with Kohler Co. (Kohler) resolving alleged violations of the Clean Air Act and California law.  Under the terms of the settlement, Kohler will retire unlawfully generated hydrocarbon (HC) and oxides of nitrogen (NOx) emission credits. Retirement of these… Continue reading Department of Justice, EPA and the State of California Clean Air Act Settlement with Kohler Co. will Reduce Emissions by 3,600 Tons

GROUPE RENAULT: RENAULT-NISSAN-MITSUBISHI FURTHER STRENGTHENS THE USE OF RESOURCES AND INVESTMENTS

PRESS STATEMENT – Boulogne-Billancourt, Yokohama, Tokyo, January 30th, 2020                                                         RENAULT-NISSAN-MITSUBISHIFURTHER STRENGTHENS THE USE OF RESOURCES AND INVESTMENTSRenault-Nissan-Mitsubishi today outlined a new framework to further reinforce its business model and strengthen its management structure. All three companies reiterated that the Alliance is essential for strategic growth and enhance competitiveness for each company.The new framework, ratified at… Continue reading GROUPE RENAULT: RENAULT-NISSAN-MITSUBISHI FURTHER STRENGTHENS THE USE OF RESOURCES AND INVESTMENTS

Techstars Detroit accelerator is shutting down

Techstars Detroit, the accelerator that has funded 54 startups in the past five years, is shutting down, TechCrunch has learned. In an email to supporters, Techstars Detroit managing director Ted Serbinski said the accelerator was not able to secure enough funding for 2020. “It’s clear the entire automotive mobility industry is tightening as sales slump… Continue reading Techstars Detroit accelerator is shutting down

@BMW: Sustainable mobility for everyone: MINI ELECTRIC shows the way.

Munich/Lisbon. Electromobility is conquering city traffic. And the new MINI Cooper SE (combined fuel consumption: 0.0 l/100 km; combined electricity consumption: 16.8 – 14.8 kWh/100 km; combined CO2 emissions: 0 g/km) will finally allow the driving fun so typical of the brand to be experienced with local zero-emission mobility in urban environments. MINI ELECTRIC is raising the profile of sustainable mobility… Continue reading @BMW: Sustainable mobility for everyone: MINI ELECTRIC shows the way.

@Tata-JLR: JAGUAR LAND ROVER PROFIT INCREASES TO £318 MILLION IN THIRD QUARTER OF 2019/2020 FINANCIAL YEAR

Jaguar Land Rover is the UK’s largest automotive manufacturer, built around two iconic British car brands. Land Rover is the world’s leading manufacturer of premium all-wheel-drive vehicles. Jaguar is one of the world’s premier luxury marques, as well as being the first ever brand to offer a premium all-electric performance SUV, the Jaguar I-PACE. At… Continue reading @Tata-JLR: JAGUAR LAND ROVER PROFIT INCREASES TO £318 MILLION IN THIRD QUARTER OF 2019/2020 FINANCIAL YEAR

Inchcape appoints BP’s Alexandra Jensen as non-executive director

Inchcape has appointed BP’s chief marketing officer, global retail and senior vice president, Alexandra Jenson, as a non-executive director. Jenson joined the AM100 car retail group’s Nominations Committee when she officially took up the post – her first non-executive directorship – yesterday (January 29). In her role with BP, Jensen chairs global retail strategy and… Continue reading Inchcape appoints BP’s Alexandra Jensen as non-executive director

Volvo Group – The Fourth Quarter and Full Year 2019

GOTHENBURG, Sweden, Jan. 30, 2020 /PRNewswire/ —  “2019 was another good year for the Volvo Group. We grew net sales by 11% to SEK 432 billion and improved our adjusted operating income to SEK 47.9 billion (40.7), with a margin of 11.1% (10.4). During the year we also continued to increase our financial strength. With… Continue reading Volvo Group – The Fourth Quarter and Full Year 2019

Breakingviews – Tata test-drives conglomerate power

Tata Motors’ electric sport-utility vehicle (SUV) Nexon EV is displayed during its launch in Mumbai, India, January 28, 2020. REUTERS/Hemanshi Kamani MUMBAI (Reuters Breakingviews) – Zero-emission cars will be a road test of conglomerate power. Tata is drawing on expertise from across its $160 billion empire to support an electric vehicle initiative. Patriarch Ratan Tata attended Tuesday’s… Continue reading Breakingviews – Tata test-drives conglomerate power