Not time yet to discuss Nissan chairmanship, Renault’s Senard says

TOKYO (Reuters) – The new chairman of French automaker Renault on Thursday said it was not the time to discuss whether he would also take the helm of Nissan, as he arrived in Japan to reaffirm an alliance rocked by the arrest and ouster of former Chairman Carlos Ghosn. FILE PHOTO: Jean-Dominique Senard, Michelin Group… Continue reading Not time yet to discuss Nissan chairmanship, Renault’s Senard says

Press Releases – Stable EU auto market in view for 2019, with CO2 and trade challenges ahead

Paris, 13 February 2019 – In 2019, EU car sales will stagnate at 2018 levels in terms of units sold, staying close to the 15 million new registrations mark recorded last year, according to new forecasts by the European Automobile Manufacturers’ Association (ACEA). Although 2018 was the fifth consecutive year of growth, the pace of… Continue reading Press Releases – Stable EU auto market in view for 2019, with CO2 and trade challenges ahead

Car company: Setback for Daimler – Hamburger Hochbahn sells hydrogen buses

Hydrogen bus from Daimler Since 2010, the buses were in use in Hamburg. (Photo: Daimler AG) HamburgThe Hamburger Hochbahn is considered a pioneer among municipal transport companies – at least as far as the switch to emission-free buses is concerned. From 2020, it will only be possible to procure buses in the Hanseatic city that… Continue reading Car company: Setback for Daimler – Hamburger Hochbahn sells hydrogen buses

Exclusive: VW, Ford far apart on investment in Ford autonomous unit – sources

(Reuters) – Volkswagen AG and Ford Motor Co have been unable to reach agreement on whether or how much the German automaker will invest in Ford’s self-driving vehicle unit, people familiar with the negotiations said. FILE PHOTO: The President and CEO of Ford Motor Company Jim Hackett, poses with Volkswagen CEO Herbert Diess at the… Continue reading Exclusive: VW, Ford far apart on investment in Ford autonomous unit – sources

Ford warns of ‘catastrophic’ no-deal Brexit

Ford has said a no-deal Brexit would be catastrophic for the firm’s manufacturing operations in the UK and that it would do “whatever is necessary” to protect its business. The comments come after a report the carmaker was stepping up preparations to move production out of the UK. Ford declined to comment directly on The… Continue reading Ford warns of ‘catastrophic’ no-deal Brexit

Japanese self-drive cars map developer to acquire US rival Ushr

February 13, 2019 Japanese map platform developer Dynamic Map Platform plans to acquire Detroit-based Ushr for nearly 20 billion yen ($181.1 million) in a bid to cement a stronger position in the burgeoning self driving cars market, the Nikkei newspaper said. Dynamic Map Platform would acquire U.S. map startup Ushr as it seeks a stronger… Continue reading Japanese self-drive cars map developer to acquire US rival Ushr

Japanese self-drive cars map developer to buy rival U.S. startup – Nikkei

(Reuters) – Japanese map platform developer Dynamic Map Platform plans to acquire Detroit-based Ushr for nearly 20 billion yen ($181.1 million) in a bid to cement a stronger position in the burgeoning self driving cars market, the Nikkei newspaper said. Dynamic Map Platform would acquire U.S. map startup Ushr as it seeks a stronger position… Continue reading Japanese self-drive cars map developer to buy rival U.S. startup – Nikkei

BeliMobilGue raises $10M for its used-car sales platform in Indonesia

BeliMobilGue, a used car sales platform in Indonesia, has fueled up with a $10 million Series round for the race to dominate the automotive market in Southeast Asia’s largest economy. The company was started in 2017 as a joint venture between Europe’s Frontier Car Group (FCG) and Intudo Ventures, a VC firm focused on Indonesia. BeliMobilGue said… Continue reading BeliMobilGue raises $10M for its used-car sales platform in Indonesia

RAV4 “What If?” Campaign Features An Invitation To Do More

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Indonesian used car startup BeliMobilGue.co.id bags $10m Series A

February 12, 2019 Indonesian car marketplace BeliMobilGue.co.id has closed a $10-million Series A round led by parent company Frontier Car Group, with participation from new and existing investors, including Jardines-owned PT Toyota Tunas Indonesia. The investment comes a year after the company’s previous funding round and will help it further expand into key Indonesian cities,… Continue reading Indonesian used car startup BeliMobilGue.co.id bags $10m Series A