We’ve kind of been here before (insert Renault where you see PSA), but the news that FCA (think Fiat, Jeep, Alfa Romeo, Chrysler, Maserati, Abarth, Dodge and others) is joining forces with PSA (Peugeot, Citroen, Vauxhall/Opel, DS) fills me with huge excitement. Sadly that’s not the case everywhere, with Unite union boss and doom-monger-in-chief Des… Continue reading ‘Think of what PSA/FCA can do, not what they can’t’
Tag: Renault
Cars.com Reports Third Quarter 2019 Results
CHICAGO, Nov. 6, 2019 /PRNewswire/ — Cars.com Inc. (NYSE: CARS) (“Cars.com” or the “Company”), a leading digital marketplace and solutions provider for the automotive industry, today released its financial results for the quarter ended September 30, 2019. Q3 Financial Highlights Revenue of $152.1 million, down $17.2 million, or 10%, year-over-year, in line with expectations Non-cash… Continue reading Cars.com Reports Third Quarter 2019 Results
Mitsubishi Motors slashes full-year profit forecast on slowing car sales
FILE PHOTO: The logo of Mitsubishi Motors Corp is seen at a showroom of the company’s headquarters in Tokyo, Japan November 26, 2018. REUTERS/Toru Hanai TOKYO (Reuters) – Mitsubishi Motors Corp (7211.T) on Wednesday cut its full-year profit outlook by 67% as it expects sluggish demand in North America and China will continue, while a… Continue reading Mitsubishi Motors slashes full-year profit forecast on slowing car sales
Analysis: The numbers behind the FCA-PSA merger
The FCA-PSA tie-up gathers 15 brands under the same roof The agreed merger between Fiat Chrysler Automobiles and the PSA Group will create the world’s fourth-largest car company based on sales. The two European firms last week announced their intention to create a new entity owned 50/50 between the two but led by PSA’s CEO, Carlos Tavares. PSA will… Continue reading Analysis: The numbers behind the FCA-PSA merger
Expect FCA-Peugeot merger plans to be ‘elephant’ in room during UAW talks
CLOSE The proposed merger of Fiat Chrysler and the company that controls the Peugeot brand is expected to have an impact on FCA’s bargaining with the UAW. (Photo: PSA) The real impact of the expected merger of Fiat Chrysler Automobiles and Peugeot will take some time to become clear, but an early test could come… Continue reading Expect FCA-Peugeot merger plans to be ‘elephant’ in room during UAW talks
Renault: BLACK SWAN, THE FIRST 100% ELECTRIC PASSENGER BOAT FITTED WITH SECOND LIFE BATTERIES COMES TO PARIS
Paris, 4 November 2019 – Today, Seine Alliance unveils the Black Swan, the first electric boat specifically designed for private or business cruises on the Seine to be fitted with second life batteries. The aim of Seine Alliance and its partners – Groupe Renault and Green-Vision – is to be able to demonstrate the effectiveness… Continue reading Renault: BLACK SWAN, THE FIRST 100% ELECTRIC PASSENGER BOAT FITTED WITH SECOND LIFE BATTERIES COMES TO PARIS
Scott Maybee Named New President of NextGear
In his new role, Maybee will report to Mark Bowser, executive vice president and CFO, Cox Automotive. Photo courtesy of Manheim. Scott Maybee has been named president of NextGear Capital. Maybee comes to NextGear from Manheim Northstar Minnesota, where he was general manager and responsible for all facets of the Minneapolis-based operation. Prior to joining… Continue reading Scott Maybee Named New President of NextGear
Citroën To Electrify Its Van Lineup: Jumper, Jumpy and Berlingo
Citroën Jumper and Jumpy BEVs coming in 2020, while the next-generation Berlingo goes electric in 2021. Citroën intends to electrify all its models – passenger and Light Commercial Vehicles by 2025. While the first passenger plug-in models are just around the corner, let’s take a look at the upcoming LCVs (Jumpy, Jumper and New Berlingo… Continue reading Citroën To Electrify Its Van Lineup: Jumper, Jumpy and Berlingo
Infiniti’s Electrification Strategy Includes BEVs And Series Hybrids
Infiniti to electrify its portfolio within two years, introducing two options – battery-electric or series-hybrid (non-plug-in). Infiniti brand (part of Nissan) soon will be celebrating its 30th anniversary (launched on November 8, 1989) and just like Lexus (which also celebrates its 30th anniversary), Infiniti gears up for electrification. Finally, especially since there is a necessity… Continue reading Infiniti’s Electrification Strategy Includes BEVs And Series Hybrids
PSA-Fiat Chrysler: a belly dance that lasted for months
Code names: “Stella” for PSA, “Paris” for Fiat Chrysler. The Announcements announced Thursday In the early morning, there was serious backstage since the beginning of October. It was at this point that the two groups, who had been looking around for months – if not years – foresaw that the possibility of a “deal” was… Continue reading PSA-Fiat Chrysler: a belly dance that lasted for months