Infiniti has been hit hard by the coronavirus pandemic and it drop several models in order to be prevented from losing money. But at the same time, new models will be added to the range, even electrified ones and it seems that all will be performance-oriented. According to a report published on Automotive News, which… Continue reading Infiniti Plans To Launch One Pure EV, One ‘Gas-Powered EV’ To Become Sustainable
Tag: Renault
Vans, not glamorous, but key as EU weighs autos mega-merger
MILAN/PARIS (Reuters) – Their silhouettes don’t stir dreams of adventure like a sports car or trendy SUV, but vans are a rare source of profit for European carmakers, which is why EU regulators are focused on them as they decide whether to back an industry mega-merger. FILE PHOTO: A Peugeot Rifter 4×4 concept van is… Continue reading Vans, not glamorous, but key as EU weighs autos mega-merger
EU opens investigation into Fiat Chrysler-PSA merger over commercial van competition
A four-month antitrust investigation launched by the executive brand of the European Union on Wednesday into the pending merger between Fiat Chrysler Automobiles NV and French rival Groupe PSA should not affect the companies’ goal to close their transaction by the end of March 2021, the automakers said. The probe is a setback for the… Continue reading EU opens investigation into Fiat Chrysler-PSA merger over commercial van competition
Fusion with Fiat Chrysler under scrutiny: EU Commissioner Vestager slows down PSA boss Tavares
REUTERS / Christian Hartmann PSA boss Tavares: With the merger of PSA and Fiat Chrysler, the manager finally wanted to climb into the league of large car brushes For months, PSA chief Carlos Tavares and FCA chief Mike Manley negotiated a merger. In December of last year, they finally announced the merger. But now the… Continue reading Fusion with Fiat Chrysler under scrutiny: EU Commissioner Vestager slows down PSA boss Tavares
Groupe Renault : availability of sales figures for May 2020
Communication about availability – Renault sales figures for May 2020Boulogne, June 17, 2020Renault announces that its sales figures report for May 2020 is now available on Renault website www.group.renault.com, tab Finance, in the ‘Regulated information’, ‘Monthly sales’. AttachmentAvailability RENAULT Sales Go to Source
Exclusive: Who’s in charge at Nissan? COO’s allies push to give him shared CEO role – sources
(Reuters) – Nissan’s chief operating officer Ashwani Gupta helped engineer the troubled automaker’s latest turnaround plan. Now his allies are pressing the board to promote him to co-CEO to drive the new strategy, said four people with direct knowledge. FILE PHOTO: Nissan Motor COO Ashwani Gupta speaks during a news conference at Nissan Motor headquarters… Continue reading Exclusive: Who’s in charge at Nissan? COO’s allies push to give him shared CEO role – sources
Renault Groupe’s ZITY Electric Car Sharing Uses Ridecell to Operate its New Service in Paris
SAN FRANCISCO, June 17, 2020 /PRNewswire/ — Ridecell Inc., the leading platform provider for shared mobility operators, today announced that Groupe Renault is using the Ridecell High-yield Mobility Platform to power the new ZITY electric carsharing service in Paris. ZITY first launched its carsharing service in Madrid using the Ridecell technology platform with a fleet… Continue reading Renault Groupe’s ZITY Electric Car Sharing Uses Ridecell to Operate its New Service in Paris
Volkswagen sinks another $200 million into solid-state battery company QuantumScape
Volkswagen said Tuesday it has invested another $200 million into QuantumScape, a Stanford University spinout developing solid-state batteries as the automaker bets on a next-generation technology that will unlock longer ranges and faster charging times in electric vehicles. Volkswagen’s relationship with QuantumScape, which had early backing from Kleiner Perkins and Khosla Ventures, actually stretches back to… Continue reading Volkswagen sinks another $200 million into solid-state battery company QuantumScape
Emails: Ghosn takedown motivated by effort to stop Nissan, Renault integration
Carlos Ghosn always said he was set up. Now there’s some evidence to support his claim. According to people familiar with what happened and previously unreported internal correspondence, the campaign by top Nissan Motor Co. executives to dethrone one of the most celebrated leaders in the automotive industry started almost a year before Ghosn’s arrest… Continue reading Emails: Ghosn takedown motivated by effort to stop Nissan, Renault integration
Renault to cut 1,500 engineering jobs in France: union source
FILE PHOTO: A logo of Renault carmaker is pictured at a dealership in Nantes, France, May 26, 2020. REUTERS/Stephane Mahe PARIS (Reuters) – French carmaker Renault (RENA.PA) plans to cut 1,500 engineering jobs in France, a trade union source told Reuters on Tuesday. The engineering job cuts are part of cost savings plans that Renault… Continue reading Renault to cut 1,500 engineering jobs in France: union source