Tag: Renault

GM build-shy strategy has tens of thousands of vehicles parked awaiting chip parts

In late January, retired General Motors employee Joseph Jones bought a 2021 GMC Sierra full-size pickup after having driven his 2004 Sierra for 17 years. Jones, 68, tracked the production of the new light-duty pickup in cherry red from his home in Franklin, Tennessee. He saw that it was built on Feb. 15 at GM’s Silao Assembly Plant in Mexico,… Continue reading GM build-shy strategy has tens of thousands of vehicles parked awaiting chip parts

@Renault: LADA increased sales in April 2021000216

In April 2021, 37,931 LADA passenger cars and light commercial vehicles were sold in Russia, which is 4 times more than the result of April 2020 and 17.4% higher than the sales of April 2019. To remind, sales in the entire Russian market in April 2020 showed the lowest result in the modern history due… Continue reading @Renault: LADA increased sales in April 2021000216

Renault: new logo, electrified range and the electric Megane arrives

4 ‘of reading Renault has unveiled the innovations for the future, presented within the Renaulution strategic plan. It was Luca de Meo himself, president of the Alliance, who showed how Renault will change from the new logo to the new electric Megane. The “Nouvelle Vague” intends to transform Renault into a manufacturer of technology, services… Continue reading Renault: new logo, electrified range and the electric Megane arrives

Indonesia and Thailand bet big on vehicle electrification

There are growing indications that the ASEAN could be seeing growth in electric mobility in the near future. According to an LMC Automotive report, there have recent developments in vehicle electrification in South East Asia, especially in the region’s two key markets of Indonesia and Thailand. Indonesia, which has one of the world’s richest reserves… Continue reading Indonesia and Thailand bet big on vehicle electrification

Nissan to sell 16.4 million Daimler shares

By Reuters Staff 1 Min Read Slideshow ( 2 images ) FRANKFURT (Reuters) – Nissan Motor is selling 16.4 million shares in German carmaker Daimler through an accelerated bookbuild offer, it said on Tuesday. Investors were guided to expect pricing near Tuesday’s closing price of 72.41 euros a share, a bookrunner organising the deal said.… Continue reading Nissan to sell 16.4 million Daimler shares

Jaguar Land Rover shuts two factories due to semiconductor shortage

Jaguar Land Rover (JLR) is temporarily closing two of its UK plants due to a global shortage of semiconductors. The manufacturer’s factories in Castle Bromwich and Halewood will begin “operating a limited period of non-production” from 26 April, while operations will continue at the JLR Solihull plant. In a statement, JLR said: “Like other automotive… Continue reading Jaguar Land Rover shuts two factories due to semiconductor shortage

@Renault: GROUPE RENAULT: QUARTERLY INFORMATION AT MARCH 31, 2021000214

PRESS RELEASE #RenaultResults First quarter revenues supported by price discipline in a still disturbed environment due to the pandemic Group revenues reached €10 billion (-1.1%) in the first quarter of 2021. At constant exchange rates1, revenues would have been up 4.4%. Automotive excluding AVTOVAZ revenues were stable at €8.6 billion. The highlight of the quarter… Continue reading @Renault: GROUPE RENAULT: QUARTERLY INFORMATION AT MARCH 31, 2021000214

Indonesian ride-hailing giant Gojek to completely switch to electric vehicles by 2030 …

Indonesian ride-hailing startup Gojek plans to make every car and motorcycle on its platform an electric vehicle (EV) by 2030 through partnerships with manufacturers and favourable leasing arrangements, co-Chief Executive Kevin Aluwi told Reuters. Gojek announced the plan on Friday under a zero-emission pledge laid out in its first annual sustainability report, which analysts widely… Continue reading Indonesian ride-hailing giant Gojek to completely switch to electric vehicles by 2030 …