2018: RCI BANK AND SERVICES POSTS ITS BEST PERFORMANCE EVER WITH NEW FINANCINGS OF €20.9 BILLION AND PRE-TAX INCOME OF €1,215 MILLION

• 1,798,900 new financing contracts, up 1.6% from 2017 for a total of €20.9 billion in new financings• Record penetration rate[1] of 42.9% of registrations• 355,274 new financing contracts for used vehicles, up 11.1% from 2017• Average performing assets (APA)[2] of €44.4 billion, up 12.0% from 2017• Net banking income of €1.93 billion, up 18.6%… Continue reading 2018: RCI BANK AND SERVICES POSTS ITS BEST PERFORMANCE EVER WITH NEW FINANCINGS OF €20.9 BILLION AND PRE-TAX INCOME OF €1,215 MILLION

Nissan may ask ex-Toray boss Sakakibara to chair board meetings: source

FILE PHOTO: Chairman of Japan Business Federation (Keidanren) Sadayuki Sakakibara attends a news conference in Tokyo, Japan, January 23, 2017. REUTERS/Toru Hanai TOKYO (Reuters) – Nissan Motor is considering asking ex-Toray Industries chief and Japan Inc heavyweight Sadayuki Sakakibara to chair its board meetings while leaving vacant the chairman post previously held by Carlos Ghosn,… Continue reading Nissan may ask ex-Toray boss Sakakibara to chair board meetings: source

Press Releases – EU-US trade: auto makers urge MEPs to support talks

Brussels, 13 March 2019 – Ahead of a vote in the European Parliament tomorrow, auto makers are calling upon MEPs to back the European Commission’s request to start trade talks with the United States. Tomorrow, the European Parliament will issue a non-binding resolution on the draft negotiating mandate which the European Commission submitted to member… Continue reading Press Releases – EU-US trade: auto makers urge MEPs to support talks

Mitsubishi to create bespoke truck from dealership designs

Mitsubishi Motors in the UK has launched a social media campaign in which it has tasked its dealership staff to design their own bespoke Mitsubishi L200, with the winning design being voted for on social media. Titled the Truck King Battle, the competition will see the final five creations posted across the Mitsubishi Motors in… Continue reading Mitsubishi to create bespoke truck from dealership designs

Aston Martin boss Andy Palmer hits back at the doubters – BBC News

Media playback is unsupported on your device The boss of Aston Martin Lagonda has delivered a passionate defence of the company’s strategy amid signs some city investors are losing faith. Andy Palmer said the company will prove the sceptics wrong, as he stressed the luxury carmaker’s long-term plans and importance to UK manufacturing. Aston Martin’s… Continue reading Aston Martin boss Andy Palmer hits back at the doubters – BBC News

Nissan Wants to Beam 3D Anime Versions of People Into Its Cars

Invisible-to-Visible Japanese automaker Nissan announced today it wants to beam “three-dimensional, augmented-reality avatars” into the cabin of its cars — and it’s already racing ahead with some preliminary tests. In other words, you’ll be able to interact with 3D, anime-style holograms of people inside your Nissan. “The companies will evaluate how the people inside the car and those… Continue reading Nissan Wants to Beam 3D Anime Versions of People Into Its Cars

Ford readies new Fiesta-based small SUV to replace Ecosport

New images show Ford’s Fiesta-based small SUV, which will replace the Ecosport in the firm’s range, carrying out winter testing. The new compact crossover has been photographed sporting heavily disguised Fiesta-based bodywork but with a clear SUV-style raised ride height. The as-yet-unnamed model, which could retain the Ecosport nameplate or take on a new identity more closely aligned to the… Continue reading Ford readies new Fiesta-based small SUV to replace Ecosport

A “new start” for the Renault-Nissan-Mitsubishi Alliance

Make a clean sweep of past mistakes and start afresh. In presenting the new governance of the Renault-Nissan-Mitsubishi Alliance on Tuesday in Yokohama, the leaders of the three groups insisted on the “fresh start” taken on Tuesday by their original partnership. “It’s time to move to a new stage” and “to rediscover the spirit of… Continue reading A “new start” for the Renault-Nissan-Mitsubishi Alliance