Tag: Renault

@Mitsubishi: Mississauga, Ontario – March 3, 2020 – Surpassing last year’s record February and following January’s best-of sales month, Mitsubishi Motor Sales of Canada, Inc. achieved its best-ever February sales results

Total sales increase 15% Eclipse Cross sales increase 83% – Best Ever February Outlander sales increase 18% Outlander PHEV sales increase 16% RVR sales increase 4% Mississauga, Ontario – March 3, 2020 – Surpassing last year’s record February and following January’s best-of sales month, Mitsubishi Motor Sales of Canada, Inc. achieved its best-ever February sales… Continue reading @Mitsubishi: Mississauga, Ontario – March 3, 2020 – Surpassing last year’s record February and following January’s best-of sales month, Mitsubishi Motor Sales of Canada, Inc. achieved its best-ever February sales results

@Mitsubishi: Mitsubishi Motors Reports February 2020 Sales; Best February Since 2004

Outlander Sport, with 6,213 sales, reported its best-ever February sales performance. Sales of Outlander, Mitsubishi’s adventurous three-row, seven-passenger CUV, were up more than 52 percent over February of 2019, also the best-ever February sales performance. February 2020 sales of the Mitsubishi Mirage, the most fuel-efficient non-hybrid vehicle sold in America1, were up 3.3 percent year-over-year… Continue reading @Mitsubishi: Mitsubishi Motors Reports February 2020 Sales; Best February Since 2004

Vantage sells Kia and Honda Bradford dealerships

Vertu Motors has acquired the Kia Bradford and Honda Bradford businesses from Vantage Motor Group. This £4m transaction will bring the number of outlets operated by the Group in Yorkshire to 18. Colleagues at Bradford Honda and Kia will join Vertu Motors, ensuring customers are welcomed by familiar faces with valuable Honda and Kia experience… Continue reading Vantage sells Kia and Honda Bradford dealerships

Renault’s Alpine goes further upmarket as it looks beyond France

PARIS, March 3 (Reuters) – Renault's Alpine brand will launch a more luxurious version of its sleek A110 sports car as it looks to branch out from its core French market and consolidate a jump in sales last year, its chief executive said.
The Renault group, which also makes budget Dacia cars, revived the Alpine brand and its two-seater models in 2017, updating a classic design which hit a peak in the 1960s and 70s.
But the French company is struggling with slumping demand in emerging markets and outlined cost cuts in February to try to turn around a decline in operating margins.
Pricier models like the Alpine could help improve the group's profitability and growth in the longer run as the brand goes even more upmarket and plans more launches, Alpine Chief Executive Patrick Marinoff told Reuters.
“If you look at profit potential in the future, Alpine is the tool and the weapon for Groupe Renault to harvest that potential,” he said in a telephone interview to replace an event p..

(LEAD) Renault Samsung to launch XM3 SUV next week

(ATTN: UPDATES with details in paras 5-7) SEOUL, March 3 (Yonhap) — Renault Samsung Motors Corp., the South Korean unit of Renault S.A., said Tuesday it will launch its all-new XM3 sport utility vehicle next week to revive lackluster sales. The XM3 SUV, which hits the domestic market on Monday, comes in two versions, one… Continue reading (LEAD) Renault Samsung to launch XM3 SUV next week

Vertu Motors completes £4m Vantage Kia and Honda acquisitions

Vertu Motors completed the £4 million acquisition of the Kia Bradford and Honda Bradford business from the Vantage Motor Group. Coming less than three months after Vantage was acquired in a management buy-out, the transaction will bring Vertu’s number of outlets in Yorkshire to 18. Robert Forrester, chief executive of Vertu Motors plc, said: “I… Continue reading Vertu Motors completes £4m Vantage Kia and Honda acquisitions

Seat repeats as the best selling brand in February and the Nissan Qashqai stands as the model preferred by the Spanish

March 3, 2020 Category: Faconauto News In the accumulated of the year, Seat is positioned in first position in both frame and best-selling model in what we have of 2020. The February registrations They have drawn a complex picture for dealers. Despite the 6% drop compared to 2019, Seat has positioned itself as the best… Continue reading Seat repeats as the best selling brand in February and the Nissan Qashqai stands as the model preferred by the Spanish

Renault’s Alpine high-end brand expects sales to fall in 2020-CEO

PARIS, March 3 (Reuters) – Renault’s Alpine brand will launch a more luxurious version of its sleek A110 sportscar as it looks to branch out beyond its core French market and tries to counter an expected fall in vehicle sales this year, its chief executive said. The Renault group, which also makes Dacia cars, revived… Continue reading Renault’s Alpine high-end brand expects sales to fall in 2020-CEO

LG Chem buys Turkish plant in Poland for EV output expansion

LG Chem Ltd., South Korea’s largest chemicals company, said Tuesday it has acquired a Turkish television assembly factory in Poland for US$31.4 million to expand its plant for electric vehicle (EV) batteries.The South Korean chemical giant plans to raise its capacity to 100 GWh, enough to supply batteries to 1.6 million electric vehicles, by the end of this year.LG Chem supplies electric vehicle batteries to 13 of the top 20 car brands, including German automaker Volkswagen, French carmaker Renault, American auto giant General Motors and South Korea’s largest carmaker, Hyundai Motor.