China Evergrande Group reckons it can take on Elon Musk’s Tesla

March 19, 2019 A Chinese developer known for its investments in everything from soccer clubs to spring-water companies is taking on Elon Musk in the electric vehicle arena, declaring it can be the biggest manufacturer in the world within three to five years. China Evergrande Group, the nation’s second-largest property developer, has been moving further… Continue reading China Evergrande Group reckons it can take on Elon Musk’s Tesla

Automakers seek ‘new start’ after Nissan chairman’s arrest

Copyright 1995 – . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested… Continue reading Automakers seek ‘new start’ after Nissan chairman’s arrest

Thierry Koskas appointed Senior Vice-President, Sales & Marketing at Groupe PSA

Thierry Koskas has been appointed Senior Vice-President, Sales & Marketing at Groupe PSA, effective 26 March 2019. He will report to Carlos Tavares, Chairman of the Managing Board. The role of the Sales & Marketing Department is to boost the Group’s commercial effectiveness, help move the brands up the value chain and enhance the sales and marketing… Continue reading Thierry Koskas appointed Senior Vice-President, Sales & Marketing at Groupe PSA

Nissan governance panel sees no need to overhaul alliance agreement -source

FILE PHOTO: The logos of car manufacturers Renault and Nissan are seen in front of a common dealership of the companies in Saint-Avold, France, Jan. 15, 2019. REUTERS/Christian Hartmann/File Photo TOKYO (Reuters) – The external committee tasked with improving governance at Nissan Motor Co believes the firm can deepen ties with Renault SA without overhauling… Continue reading Nissan governance panel sees no need to overhaul alliance agreement -source

Automobile Nerds: Simply unmistakable

Ferdinand Filter has with his automobile have to take a lot. Because since the North German Fiat Multipla drives, there were always silly sayings of passers-by because of the bizarre design of the Italian van. That did not detract from his enthusiasm. On the contrary: Filter drives its “whale on wheels” with pride and love… Continue reading Automobile Nerds: Simply unmistakable

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