Shares in Renault hit levels not seen for more than a decade on Thursday following a report the French brand is to merge with Nissan. The two companies, which have operated an alliance since 1999, would form a new, single, listed company under the plans being discussed, according to the Bloomberg financial news service which… Continue reading Renault shares leap after Nissan merger report
Tag: Daimler
Daimler-BMW mobility venture aims to be global player – Daimler CFO
STUTTGART: Daimler and BMW‘s new joint mobility services division aims to become a global player through both organic growth and acquisitions, Daimler Chief Financial Officer Bodo Uebber said on Thursday. “We want to grow significantly and we are in a position to handle large acquisitions,” Uebber said. The two leading German luxury carmakers unveiled plans… Continue reading Daimler-BMW mobility venture aims to be global player – Daimler CFO
Nissan and Renault in merger talks, says report
Industry by Sam Sheehan, Autocar UK Mar 29, 2018 Renault and Nissan already share platforms and technology in their cars Nissan and Renault are in talks about merging to create one new company, according to reports by business news agency Bloomberg. The Japanese and French car makers have been in an alliance since 1999, with Mitsubishi joining in 2016,… Continue reading Nissan and Renault in merger talks, says report
Nissan and Renault could merge to form one company, says report
Nissan and Renault are in talks about merging to create one new company, according to reports by business news agency Bloomberg. The Japanese and French car makers have been in an alliance since 1999, with Mitsubishi joining in 2016, helping the trio to overtake the Volkswagen Group as the largest car company in the world. But… Continue reading Nissan and Renault could merge to form one company, says report
Car expert Ferdinand Dudenhöffer: Geely could also participate in car sharing fusion of Daimler and BMW
car sharing BMW has merged its daughter Drive Now with Daimler’s daughter Car2Go. (Photo: AP) After Merger of carsharing providers from Daimler and BMW Car expert Ferdinand Dudenhöffer considers a merger with the Chinese supplier Cao Cao possible. Cao Cao belong to the GeelyGroup of the largest DaimlerShareholder Li Shufu and is already very successful… Continue reading Car expert Ferdinand Dudenhöffer: Geely could also participate in car sharing fusion of Daimler and BMW
SF Motors reveals two electric SUVs with 300 miles of range
While much of the automotive world is focused on the New York Auto Show, a small car startup has unveiled its first-ever vehicles on the other side of the country in Santa Clara, California. SF Motors, the US arm of Chinese company Sokon, has just announced two cars — the SF5 and the SF7 —… Continue reading SF Motors reveals two electric SUVs with 300 miles of range
BMW, other carmakers to recall more than 47,900 vehicles: ministry
SEOUL, March 29 (Yonhap) — BMW, Mercedes-Benz and other carmakers will voluntarily recall more than 47,936 vehicles and motorcycles to fix faulty parts, the transport ministry said Thursday. BMW’s recall — set to begin on Friday — affects 25,732 units of the BMW 128i and 20 other models built between March 2, 2006, and Oct.… Continue reading BMW, other carmakers to recall more than 47,900 vehicles: ministry
BMW and Daimler create the world’s number one car-sharing
To stay in the running against American Uber and Lyft or Chinese Didi, Daimler and BMW join forces. The two German manufacturers, who usually fight for the first place in the podium on the high-end segment, Wednesday announced the signing of an agreement to merge their mobility services Car2go and DriveNow. The operation, which has… Continue reading BMW and Daimler create the world’s number one car-sharing
BMW Group and Daimler AG agree to combine mobility services
· Automotive pioneers and innovation leaders to shape sustainable urban mobility of the future · Strong alliance to create unique customer offering: seamless, multimodal, fast and readily available · Ecosystem for on-demand mobility: single source for CarSharing, Ride-Hailing, Parking, Charging and Multimodality · Sustainable solutions for challenges of urban mobility and better quality of life… Continue reading BMW Group and Daimler AG agree to combine mobility services
US customers file class action lawsuit against BMW
BMW is suspected, like Volkswagen had manipulated the emission control of vehicles. In the US, customers have now teamed up to sue the group. BMW world in Munich Wednesday, 28.03.2018 09:49 clock As the sixth automaker threatens now synonymous BMW a US lawsuit for a possible exhaust gas fraud in diesel cars. US customers accuse… Continue reading US customers file class action lawsuit against BMW