Industry by Sam Sheehan, Autocar UK Mar 29, 2018 Renault and Nissan already share platforms and technology in their cars Nissan and Renault are in talks about merging to create one new company, according to reports by business news agency Bloomberg. The Japanese and French car makers have been in an alliance since 1999, with Mitsubishi joining in 2016,… Continue reading Nissan and Renault in merger talks, says report
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Renault: new rumors about a merger with Nissan make the title leap
New rumors surrounding the Renault-Nissan Alliance have sparked the share price of Renault on Thursday morning: the agency “Bloomberg” says that the two manufacturers have initiated discussions for a merger, under the auspices the president of the alliance, Carlos Ghosn himself. The idea would be to create a new company, which would be based in… Continue reading Renault: new rumors about a merger with Nissan make the title leap
Nissan and Renault could merge to form one company, says report
Nissan and Renault are in talks about merging to create one new company, according to reports by business news agency Bloomberg. The Japanese and French car makers have been in an alliance since 1999, with Mitsubishi joining in 2016, helping the trio to overtake the Volkswagen Group as the largest car company in the world. But… Continue reading Nissan and Renault could merge to form one company, says report
SAIC may set up car factory in Egypt
A worker checks the quality of newly made cars at an assembly line of SAIC Motor in Qingdao, East China’s Shandong province. [Photo by Yu Fangping/For China Daily] CAIRO－China’s giant carmaker SAIC Motor is planning to set up a car manufacturing factory in Egypt, a top Egyptian official said on Sunday. Egypt’s Minister of Trade… Continue reading SAIC may set up car factory in Egypt
Renault shares jump after Nissan merger report
Shares in French car maker Renault have jumped 5.4% at the opening of trading after a report that it is in merger talks with Japanese car giant Nissan. Bloomberg reported that the companies are discussing becoming one entity with a single stock. The companies have been in a strategic alliance since 1999. Asked about the… Continue reading Renault shares jump after Nissan merger report
Car expert Ferdinand Dudenhöffer: Geely could also participate in car sharing fusion of Daimler and BMW
car sharing BMW has merged its daughter Drive Now with Daimler’s daughter Car2Go. (Photo: AP) After Merger of carsharing providers from Daimler and BMW Car expert Ferdinand Dudenhöffer considers a merger with the Chinese supplier Cao Cao possible. Cao Cao belong to the GeelyGroup of the largest DaimlerShareholder Li Shufu and is already very successful… Continue reading Car expert Ferdinand Dudenhöffer: Geely could also participate in car sharing fusion of Daimler and BMW
ZF, a hidden giant of the German automobile
Count Zeppelin’s airships established the fame of Friedrichshafen at the beginning of the 20th century, but it was the automobile that made the city’s fortunes. On the German side of Lake Constance, which serves as a natural border with Switzerland and Austria, ZF laid a brand new, futuristic vessel in the city center just a… Continue reading ZF, a hidden giant of the German automobile
Nissan production, sales and export results for February 2018
YOKOHAMA, Japan (March 29, 2018) – Nissan Motor Co., Ltd. today announced production, sales and export figures for February 2018. 1. Production Nissan’s global production in February declined from a year earlier. Production in Japan declined from a year earlier. Production outside Japan declined from a year earlier. 2. Sales Global sales in February declined… Continue reading Nissan production, sales and export results for February 2018
SF Motors reveals two electric SUVs with 300 miles of range
While much of the automotive world is focused on the New York Auto Show, a small car startup has unveiled its first-ever vehicles on the other side of the country in Santa Clara, California. SF Motors, the US arm of Chinese company Sokon, has just announced two cars — the SF5 and the SF7 —… Continue reading SF Motors reveals two electric SUVs with 300 miles of range
Fate of GKN hangs in balance as investors decide on Melrose bid
LONDON (Reuters) – The three-month battle for GKN will be decided on Thursday when the deadline for shareholders to accept Melrose Industries’ 8 billion pound ($11 billion) hostile bid expires, ending one of the most closely-contested takeover fights in Britain for years. FILE PHOTO: Branding is seen outside the headquarters of GKN in Redditch, Britain,… Continue reading Fate of GKN hangs in balance as investors decide on Melrose bid