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MILAN (Reuters) – Fiat Chrysler (FCHA.MI) will invest almost one billion euros ($1.1 billion) to start production of the new Alfa Romeo compact SUV Tonale and of the light hybrid version of its Panda small car at its Pomigliano plant, unions said on Wednesday. FILE PHOTO: Fiat Chrysler Automobiles (FCA) headquarters are seen in Turin,… Continue reading FCA to spend nearly 1 billion euros on Alfa compact SUV, hybrid Panda
Car-sharing is nothing new – we’ve long been able to rent cars. But with ACES (Autonomous, Connected, Electric, Sharing) a car industry buzz phrase, it’s become a sector that’s gripped by start-up fever. Plenty of new companies are claiming to be the next big thing, some already backed by big names, while car makers are… Continue reading ‘Car-sharing companies still have to work hard to convince the masses’
FILE PHOTO: Arnaud Deboeuf leaves after the Renault-Nissan-Mitsubishi alliance meeting, in Amsterdam, the Netherlands, November 29, 2018. REUTERS/Piroschka van de Wouw/File Photo PARIS (Reuters) – Arnaud Deboeuf has left his role as a senior executive in the troubled Renault-Nissan alliance (RENA.PA) 7201.TO and been appointed industrial strategy director at French rival PSA (PEUP.PA), a PSA… Continue reading Former Renault-Nissan executive Deboeuf named PSA’s industrial strategy director
Co-Founder Kris Rogers (left) and CEO & Founder Ryan Stuart (right) Kapiche, an Australian startup that provides an AI-powered text analytics software platform, raised $1.75M in funding. The round was led by Main Sequence Ventures, with participation from Transition Level Investments, the Queensland Government’s Business Development Fund and River City Labs Accelerator Fund. The company… Continue reading Kapiche Raises $1.75M in Funding
SEOUL, Sept. 2 (Yonhap) — Renault Samsung Motors Corp. said Monday its sales rose 2 percent last month from a year earlier on robust sales of SUVs. Renault Samsung sold 12,987 vehicles in August, up from 12,733 units the previous year, the company said in a statement. Domestic sales rose 9.3 percent to 7,771 units… Continue reading Renault Samsung’s Aug. sales rise 2 pct on SUVs
† Prices are non-refundable unless cancelled in accordance with our subscription Terms and Conditions. For Standard Digital subscriptions, you will be billed $144 per year or $16 per month unless you cancel prior to the end of your subscription period in accordance with our subscription Terms and Conditions. Discount offers for new customers only until… Continue reading Alliance executive quits, blames Renault boss Bolloré
This is a new month to forget for the automotive industry. New car registrations in France fell by 14.1% in August. In total, it has registered 129.259 passenger vehicles last month, according to raw data from the Committee of French Automobile Manufacturers (CCFA) unveiled Monday morning. Traditionally characterized by reduced activity in automobile dealerships, August… Continue reading France: New car sales down sharply
TOKYO — For the past 20 years or so, Suzuki Motor Chairman Osamu Suzuki has been pondering the future of the carmaker he has led for four decades, striving for a vision of the company’s next 100 years. With technological shifts such as electric cars and autonomous driving clouding Suzuki Motor’s outlook, and that of the industry as a… Continue reading Suzuki chairman pins hope on closer ties with Toyota
CLOSE Looking for a great deal on a new car? Buying site iSeecars.com has some tips on what models to look for to save up to 52% off MSRP. You’d be surprised at how many new cars from previous model years are still on dealers’ lots as the 2020 models start rolling into dealerships …… Continue reading You can save big money on a new Ford Taurus, Jeep Wrangler, Chrysler Pacifica