Tag: Renault

China-owned MG challenges Japanese dominance of SE Asian auto market

BANGKOK — Cars produced under the long-established British-brand MG by a joint venture between China’s SAIC Motor and Thailand’s conglomerate Charoen Pokphand Group are racing ahead. Since its entry into the Thai auto market dominated by Japanese carmakers several years ago, MG has gradually strengthened its presence, overtaking Japan’s Suzuki Motor in terms of market share in the first nine… Continue reading China-owned MG challenges Japanese dominance of SE Asian auto market

U.S. Volkswagen e-Golf Sales Are Now Higher Than Ever

Volkswagen e-Golf finds more buyers than ever before, despite fundamentally being unchanged. There was a time in 2018 when it seemed that Volkswagen e-Golf sales in the U.S. would gradually decrease to the point of no return (to be finally replaced by some new MEB-based EVs). However, as we can see on the chart below,… Continue reading U.S. Volkswagen e-Golf Sales Are Now Higher Than Ever

Fiat Chrysler racketeering suit a ‘distraction’ from PSA, UAW talks

General Motors Co.’s racketeering lawsuit against Fiat Chrysler Automobiles NV is a distraction for the Italian-American automaker in the middle of negotiations for a labor contract with the United Auto Workers union and for a merger with French automaker Groupe PSA, experts say. GM alleges Fiat Chrysler’s late-CEO Sergio Marchionne orchestrated a multimillion-dollar conspiracy, including bribes, that corrupted three… Continue reading Fiat Chrysler racketeering suit a ‘distraction’ from PSA, UAW talks

Japanese justice allows Carlos Ghosn to talk for an hour with his wife

Posted on Nov. 21, 2019 at 3:14 pm Seven months later his release on bail under very strict conditions Carlos Ghosn will be able to speak, for the first time, for an hour, with his wife Carole this Friday. When he was released from prison last April, the court imposed extremely strict conditions on him,… Continue reading Japanese justice allows Carlos Ghosn to talk for an hour with his wife

John Elkann, “By the end of the year the memorandum for the merger of FCA with Psa”

“We are working hard and relations with Peugeot have always been very good. I believe that by the end of the year we will reach the memorandum, even if it remains to be studied how the two families will find themselves in the new society, but it is beyond doubt the willingness on the part… Continue reading John Elkann, “By the end of the year the memorandum for the merger of FCA with Psa”

Pentagon acquires Sytner’s Seat dealership in Huddersfield

Pentagon Motor Group has continued its 2019 car dealer network expansion by completing the acquisition of Sytner Group’s Seat UK franchised location in Huddersfield. The AM100 retail group, which was acquired by the vehicle division of Imperial Holdings SA, the Motus Corporation, back in August 2017, has followed its addition of three Ford sites, a Vauxhall dealership and… Continue reading Pentagon acquires Sytner’s Seat dealership in Huddersfield

Nissan plans first bond sale since scandals after leader changes – Livemint

TOKYO : Nissan Motor Co. is planning its first bond sale since scandals involving its ex-Chairman Carlos Ghosn and former CEO Hiroto Saikawa, according to people familiar with the matter. The debt offering would test investor sentiment after the automaker unveiled top manager changes earlier this month. The company is resuscitating a yen bond sale… Continue reading Nissan plans first bond sale since scandals after leader changes – Livemint

@Mitsubishi: Mitsubishi Motors North America Confirms Location of New U.S. Headquarters In Franklin, Tennessee

“Our move to Tennessee marks the most visible part of the broad and substantive reinvention of every aspect of our business that is underway at Mitsubishi Motors North America,” said Fred Diaz, MMNA’s president and chief executive officer.  “While we cannot wait to move to our permanent home, there is so much ‘great’ happening around… Continue reading @Mitsubishi: Mitsubishi Motors North America Confirms Location of New U.S. Headquarters In Franklin, Tennessee

Groupe Renault : availability of sales figures for October 2019

Communication about availability – Renault sales figures for October 2019Boulogne, November 19, 2019Renault announces that its sales figures report for October 2019 is now available on Renault website www.group.renault.com, tab Finance, in the ‘Regulated information’, ‘Monthly sales’.As of May 2019, please note that the scope of the Regions has changed: the Africa Middle-East India Region… Continue reading Groupe Renault : availability of sales figures for October 2019