TOKYO/LONDON — The economic partnership agreement between Japan and the U.K. will maintain preferential tariffs for industrial products manufactured with components made in the European Union in a win for Japanese automakers, Nikkei has learned. The two sides agreed to broaden rules-of-origin language to treat EU-sourced parts as the same as those made in the U.K. or Japan.… Continue reading Japan-UK trade deal keeps low tariffs for cars made with EU parts
Tag: Renault
Ex-Aston Martin CEO Andy Palmer joins AI battery project
Former Aston Martin CEO and ex-Nissan chief planning officer Andy Palmer has joined a Slovakian-based venture to develop the world’s first artificial intelligence (AI) battery production centre. The facility uses AI to commercialise battery cells up to 10 times faster than today’s most common processes. The company, called InoBat and financed by a private equity… Continue reading Ex-Aston Martin CEO Andy Palmer joins AI battery project
REE Automotive hits the track with three fully modular, next-generation EV platforms
Three platforms point to future EVs, including last and mid-mile delivery, commercial & MaaS vehicles All platforms are based on the advanced REEcorner module which utilizes full X-by-Wire technology for steering, braking and drive all in the arch of the wheel, enabling a fully-flat chassis The wide array of REE’s modular platforms offer unprecedented design… Continue reading REE Automotive hits the track with three fully modular, next-generation EV platforms
REE Auto’s next-gen EV platforms take to the track, showcase X-By-Wire tech prowess
REE Automotive (REE), the electric vehicle platform leader reshaping e-mobility, today released an all-new video showing not one, but three prototypes of its next-generation EV platforms. Presenting a vision for a range of future electric delivery vehicles, each fully operational prototype features REE’s revolutionary, modular and flexible platform architecture, which answers the exponential demand for… Continue reading REE Auto’s next-gen EV platforms take to the track, showcase X-By-Wire tech prowess
Vertu acquires Nottingham Kia dealership
Vertu Motors has acquired the Kia Nottingham dealership from Sandicliffe. The transaction will bring the number of outlets operated by the Group in Nottingham to nine. Kia in Nottingham expands Vertu Motors’ representation in the city, adding to the already established Renault, Dacia, Honda Bikes, Citroen, Hyundai, Honda, and two Volkswagen outlets. It becomes the… Continue reading Vertu acquires Nottingham Kia dealership
Volkswagen, Toyota Most Preferred Rental Vehicles, DiscoverCars Finds
Similarly, 57% of renters in Norway and 51% of renters in Latvia chose Volkswagen, with the VW Polo also being the most popular. Photo via Depositphotos. A new survey from DiscoverCars.com found that tourists in almost every country who rent vehicles most often choose a Volkswagen or Toyota, according to rental data from 2014 to 2020. Sixty-eight… Continue reading Volkswagen, Toyota Most Preferred Rental Vehicles, DiscoverCars Finds
@Renault: New LADA cars with an advantage000080
LADA brand promotions and conditions of state programs continue to operate during October. All LADA models (except commercial versions by VIS) participate in state programs.10% profit when buying a car on credit is provided to:- in terms of “First car” state program for the buyers purchasing a car for the first time;- in terms of… Continue reading @Renault: New LADA cars with an advantage000080
Nissan and Toyota to seek compensation from UK in no-deal Brexit
Japanese manufacturers Nissan and Toyota have demanded that the UK government reimburses them for tariff costs if the UK can’t agree on a Brexit deal with the European Union (EU). As first reported by business publication Nikkei Asia, the companies are preparing themselves for a 10% tariff on cars exported from the UK to the EU that could come into place… Continue reading Nissan and Toyota to seek compensation from UK in no-deal Brexit
Toyota and Nissan demand UK cover tariffs if no EU deal reached
FRANKFURT — Japan’s Toyota Motor and Nissan Motor are demanding that the British government cover additional tariffs that could arise if the country cannot conclude a free-trade agreement with the European Union, Nikkei learned on Monday. The U.K., which left the EU in late January, is in a transition period that allows the country to… Continue reading Toyota and Nissan demand UK cover tariffs if no EU deal reached
Worst September for UK car sales this century
New UK car registrations fell 4.4% in September from a year earlier, according to the motor industry. That made it the worst September this century in what is normally the industry’s second most important month. There were just 328,041 new registrations in the month, said the Society of Motor Manufacturers and Traders (SMMT). The car… Continue reading Worst September for UK car sales this century