@Renault: LADA increased sales and market share in 2019 year

LADA successfully completed 2019: 362,356 cars were sold in Russia, which is 1% higher than in 2018. The renewal of the LADA model range and favorable buying conditions ensured growth even against the background of a falling market (according preliminary assessment, the decline was 2%), while the share of LADA in the segment of passenger… Continue reading @Renault: LADA increased sales and market share in 2019 year

Press Releases – Getting to the Green Deal: Don’t rule out alternative fuels with a track record of success

Brussels, 14 January 2020 – Vehicle manufacturers and fuel coalition call for consistency in defining alternative fuels that will drive the energy transition. The EU’s long-term energy transition goals depend not just on developing new technologies but also on alternative-fuel solutions that already reduce harmful emissions. As the EU reframes important environment and energy legislation… Continue reading Press Releases – Getting to the Green Deal: Don’t rule out alternative fuels with a track record of success

PA Consulting’s Analysis Shows Top Car Makers Will Face €14.5bn Fines for Missing the EU’s CO2 Emissions Targets

After four years of steady progress, PA’s research has revealed a step backwards. Emissions have increased across the board, mainly due to customers buying SUVs, strong demand for high-powered and heavier cars, lack of low-emission options in showrooms, and shifting preference for petrol cars after the diesel scandal. Some car makers will see penalties high… Continue reading PA Consulting’s Analysis Shows Top Car Makers Will Face €14.5bn Fines for Missing the EU’s CO2 Emissions Targets

The Peugeot family wants to take more capital in the merger between PSA and Fiat Chrysler

When the regional daily asked the family whether the possibility of acquiring this additional 2.5% in the next seven or eight years constituted for them a “major objective”, Jean-Philippe Peugeot, the CEO of Établissements Peugeot Frères ( EPF), replies in the affirmative. “To obtain this possibility, the negotiations were complex. It was not won in… Continue reading The Peugeot family wants to take more capital in the merger between PSA and Fiat Chrysler

VW, Nissan chase African market where car loans are rare

Volkswagen AG and Nissan Motor Co. are among automakers planning new plants in Ghana to target West Africa’s 382 million people. Their challenge: Finding banks that will offer loans to make new cars affordable. In a country where about 70% of imports are second-hand, new car ownership is rare, said Believe Alorbu, who sells older… Continue reading VW, Nissan chase African market where car loans are rare

Tokyo Auto Salon / Nissan and two brand new Skyline

6/11Car January 11, 2020 Nissan offers an unprecedented Skyline sedan, in two prototypes. The first takes an abbreviation dear to the fans of the brand: the 400R Sprint Concept II is a sports set-up with a specific aerodynamic package, the forged 20 ”alloy wheels, the elaborate mechanics and the white and black paintwork with green… Continue reading Tokyo Auto Salon / Nissan and two brand new Skyline

Japan seeks Interpol wanted notice for Carlos Ghosn’s wife

TOKYO (Reuters) – Japanese authorities have requested the International Criminal Police Organization (ICPO) for an Interpol wanted notice for the wife of former Nissan Motor (7201.T) boss Carole Ghosn, local media reported on Saturday. If the notice is issued for his wife, Carole, the couple’s travel chances outside of Lebanon may be restricted, Mainichi newspaper… Continue reading Japan seeks Interpol wanted notice for Carlos Ghosn’s wife

FCA To Idle Jeep Cherokee Plant For 2 Weeks Due To Poor Demand – Motor1

Fiat Chrysler Automobiles will idle production at its Belvidere assembly plant, according to Automotive News. The factory, located near Chicago, Illinois, builds the Jeep Cherokee, which saw sales fall drastically in 2019. The news comes as Automotive News Canada reports that FCA will extend the shutdown of its Ontario, Canada factory by a week.  FCA’s… Continue reading FCA To Idle Jeep Cherokee Plant For 2 Weeks Due To Poor Demand – Motor1

Lebanon bans Ghosn from foreign travel

The statement said that Ghosn’s allegation of a conspiracy was “categorically false”, adding that prosecutors were seeking to bring him to justice in Japan. Beirut: Lebanon banned former auto tycoon Carlos Ghosn from travelling on Thursday after questioning him over an Interpol “red notice” of charges of financial misconduct in Japan, judicial sources said. The… Continue reading Lebanon bans Ghosn from foreign travel