Tag: Renault

Exclusive: Southeast Asia’s Grab considering U.S. IPO this year – sources

By Anshuman Daga 2 Min Read FILE PHOTO: A Grab vehicle is pictured in Singapore March 26, 2018. REUTERS/Edgar Su/File Photo SINGAPORE (Reuters) – Southeast Asian ride-hailing and food delivery giant Grab is exploring a listing in the United States this year, encouraged by robust investor appetite for IPOs, three sources familiar with the matter… Continue reading Exclusive: Southeast Asia’s Grab considering U.S. IPO this year – sources

FCA and PSA merge to make world’s fourth biggest car firm

The planned merger between Fiat Chrysler Automobiles (FCA) and the PSA Group has been officially completed, creating a new industry giant called Stellantis. The new company takes its name from the Latin ‘Stello’, meaning ‘to brighten with stars’. Set to produce about eight million vehicles a year, with promised revenues of over £150 billion, Stellantis… Continue reading FCA and PSA merge to make world’s fourth biggest car firm

Tesla strengthens its network in France

Posted on Jan 16, 2021, 11:19 AM And 18. Tesla will inaugurate, at the end of this first quarter, three new branches in France – in Chambéry, Mulhouse and Montpellier – which will be added to the already existing network. After the recent openings of Lille and Strasbourg, the manufacturer of electric vehicles is gaining… Continue reading Tesla strengthens its network in France

Renault to produce 7m cars with Nissan and Mitsubishi: Chairman

PARIS — French automaker Renault is beefing up its collaborative efforts with Japan’s Nissan Motor and Mitsubishi Motors, with the three-way alliance planning to share the production of major components. Renault unveiled a midterm strategic plan on Thursday that stresses manufacturing cooperation as well as production cost reductions as it scales back factories. The French… Continue reading Renault to produce 7m cars with Nissan and Mitsubishi: Chairman

Hyundai India steams ahead in exports in first nine months of FY2021

Hyundai Motor India, which wrested the No. 1 made-in-India passenger vehicle (PV) exporter title from Ford India in FY2020, is set to retain the title in FY2021. In FY2019, the Korean carmaker missed being India’s top PV exporter in FY2019 by a whisker – of all 696 units! Ford India had first unseated Hyundai, the longstanding PV export… Continue reading Hyundai India steams ahead in exports in first nine months of FY2021

@Renault: New entry trims for the LADA XRAY Cross000158

LADA announces the start of sales of new three trims for the XRAY Cross. Now the initial versions such as Classic, Classic with the Optima package and Comfort with a manual transmission will go in combination with the 1.6 l engine (106 hp). Thus, the starting price for the XRAY Coss has decreased and starts… Continue reading @Renault: New entry trims for the LADA XRAY Cross000158

Ghosn hid scale of Nissan salary, fearing dismissal from Renault, Tokyo court told

Ghosn is also charged with enriching himself through $5 million in payments to a Middle East car dealership. TOKYO – Carlos Ghosn concealed the scale of his compensation at Nissan because he feared the French government would force him out of Renault if it discovered how much he earned, an executive at the Japanese carmaker… Continue reading Ghosn hid scale of Nissan salary, fearing dismissal from Renault, Tokyo court told

BMW becomes the latest automaker to shut down its subscription service

BMW is suspending its two-year-old car subscription service, The Verge has learned. Access by BMW was launched in 2018 in Nashville as a pilot project to test out whether customers would want to have access to a fleet of fancy cars but not necessarily own one. But recent requests to sign up have been met… Continue reading BMW becomes the latest automaker to shut down its subscription service

Dacia Bigster Concept, the electrified suv arrives

RENAULT GROUP Dacia has unveiled a new SUV and announced the creation of the Dacia-Lada business unit by Simonluca Pini Dacia has unveiled a new SUV and announced the creation of the Dacia-Lada business unit January 14, 2021 2 ‘of reading Dacia Bigster Concept. This is the name of the new SUV unveiled by Dacia… Continue reading Dacia Bigster Concept, the electrified suv arrives