Nothing happens with Fiat-Chrysler, says Renault

Circulate, there is not much to see. Whereas the smell of a marriage between Fiat-Chrysler and Renault sometimes remains perceptible in the air Jean-Dominique Senard said Tuesday in Yokohama, on the sidelines of the Nissan General Assembly, that there was nothing on the table at the moment. “I know we hear a lot, but today… Continue reading Nothing happens with Fiat-Chrysler, says Renault

Press Releases – CO2 from new cars up for second consecutive year, raising auto industry concerns

Brussels, 25 June 2019 – European Environment Agency (EEA) data issued yesterday confirm that CO2 emissions from new passenger cars rose for the second year running in 2018, up 1.6% on 2017. Last year was also the second year when petrol cars were the most sold fuel type, further expanding their market share while sales… Continue reading Press Releases – CO2 from new cars up for second consecutive year, raising auto industry concerns

In Japan, Nissan shareholders have rallied against … the French

Hiroto Saikawa will have finally had a good day. The CEO of Nissan, whose the future at the helm of the company is increasingly questioned , had planned to let its shareholders express their annoyance at the general meeting. Since the fall of Carlos Ghosn, the value of their shares has plummeted by 30% over… Continue reading In Japan, Nissan shareholders have rallied against … the French

UPDATE 4-Nissan pours cold water on hopes for quick fix to Renault strain

YOKOHAMA, Japan (Reuters) – Nissan Motor on Tuesday threw cold water on hopes for a quick fix to its strained relations with France’s Renault SA, saying inequality between the partners could unravel their two-decade-old automaking alliance. FILE PHOTO: Nissan President and Chief Executive Officer Hiroto Saikawa attends a news conference at its global headquarters building… Continue reading UPDATE 4-Nissan pours cold water on hopes for quick fix to Renault strain

Analysis: Källenius’ false start: The new Daimler boss needs a liberation

Ola Källenius The new head of Daimler has inherited a poisoned legacy with the diesel scandal. (Photo: Reuters) Munich, WolfsburgDaimler-Boss Ola Källenius always has a smile on his face. He can inspire himself like a schoolboy on technical gimmicks and always radiates a certain nonchalance. But when it comes to business, the 1.95-meter blond boy… Continue reading Analysis: Källenius’ false start: The new Daimler boss needs a liberation

Between Fiat and Renault, the fragrance of the wedding still floats in the air

His clan supports him. Fifteen days after the night withdrawal of its offer of merger between Fiat Chrysler (FCA) and Renault Last week, John Elkann received the support of his family at the general meeting of Giovanni Agnelli BV, the annual grandmother of the family holding company. The Renault project is his idea, and “it… Continue reading Between Fiat and Renault, the fragrance of the wedding still floats in the air

Aston Martin CEO claims Valkyrie will attempt a ‘Ring record, report says – CNET

The idea that this 1,200-horsepower monster would show up to set a lap record on an open track day is bananas. Aston Martin The automotive world has been freaking right the hell out about Aston Martin’s technological tour-de-force: the Valkyrie. I mean, there’s every reason to. It’s got a naturally aspirated V12 that revs to… Continue reading Aston Martin CEO claims Valkyrie will attempt a ‘Ring record, report says – CNET

Drivers may overestimate Tesla Autopilot because of its name, study suggests

Sponsored Links Tesla Tesla’s Autopilot system might have a catchy name, but it may send the wrong message to drivers, according to a study by the Insurance Institute for Highway Safety. A survey the non-profit organization conducted revealed that a lot of people don’t fully comprehend newer cars’ actual level of automation, because their driver-assistance… Continue reading Drivers may overestimate Tesla Autopilot because of its name, study suggests

French car maker PSA Group opens production plant in Morocco

RABAT, June 20 (Xinhua) — The French car manufacturer PSA Group inaugurated on Thursday a production plant near Morocco's northern coastal city of Kenitra, the Moroccan government said.
“This is the first PSA industrial complex in Morocco and is based on the creation of a complete automotive ecosystem,” Jean-Christophe Quemard, vice president of PSA for the Middle East and North Africa region, told reporters.
With an investment of 560 million euros (632 million U.S. dollars), this plant plans to produce 200,000 car engines and 100,000 cars per year by 2020, he said.
The group expects that 90 percent of the plant's products will be exported, especially to the rest of Africa and the Middle East.
This is Morocco's third automobile production plant. French Renault operates a plant in Casablanca, which manufactures 80,000 cars annually, and another site in the northern city of Tangier which has an annual production of 340,000 cars.

Renault and Nissan end standoff over post-Ghosn governance

Renault announced on Thursday that it had reached an agreement with its partner Nissan on the Japanese carmaker’s governance overhaul, paving the way for the French company to back changes decided in the wake of the Carlos Ghosn scandal.The company’s chairman Jean-Dominique Senard will sit on Nissan’s new appointments committee, and CEO Thierry Bollore will sit on the audit committee.Since then Nissan has accused Renault of having too much weight in the alliance, and of keeping it in the dark over its tie-up plans with Fiat Chrysler (FCA).