@FCA: FCA Celebrates Top Supplier Partners Across 19 Categories at 2020 Annual Supplier Conference and Awards

FCA Celebrates Top Supplier Partners Across 19 Categories at 2020 Annual Supplier Conference and Awards October 23, 2020 , Auburn Hills, Mich. – FCA honored 31 supplier partners across 19 categories today during the virtual 2020 North America Annual Supplier Conference and Awards program. The Supplier of the Year awards recognize companies that have shown exceptional… Continue reading @FCA: FCA Celebrates Top Supplier Partners Across 19 Categories at 2020 Annual Supplier Conference and Awards

@Renault: GROUPE RENAULT: Quarterly information Q3 2020000111

PRESS RELEASE #RenaultResults                                                                           Revenues of €10,374 million in the third quarter of 2020Group revenues reached €10,374 million (-8.2%) in the quarter. At constant exchange rates and perimeter1, the decrease would have been -3.2%.The Group sold 806,320 vehicles in the third quarter, down 6.1%.September showed a positive momentum, particularly marked in Europe, where Group’s sales were up 8%… Continue reading @Renault: GROUPE RENAULT: Quarterly information Q3 2020000111

Tekion Raises $150M in Series C; at $1B+ Valuation

Tekion, a San Ramon, Calif.-based cloud technology company and provider of SaaS retail operating platform, Automotive Retail Cloud, raised $150m in Series C financing round at over a $1 billion valuation. The round was led by Advent International with participation from Index Ventures, Exor (the holding company of Fiat Chrysler Automobiles and Ferrari), Airbus Ventures and… Continue reading Tekion Raises $150M in Series C; at $1B+ Valuation

Daimler India exports cross 35,000 CVs and 150 million parts to over 50 markets, to begin CKD exports to Malaysia

Daimler India Commercial Vehicles (DICV) has added another important milestone to its list with over 35,000 commercial vehicles and 150 million parts exported from the country. The CV maker has also added Malaysia as a new CKD market. The CKD (completely knocked down) vehicles are exported in parts and then assembled locally. DICV already exports… Continue reading Daimler India exports cross 35,000 CVs and 150 million parts to over 50 markets, to begin CKD exports to Malaysia

Michelin signed a EUR 2.5bn Multicurrency Revolving Credit Facility

Michelin signed a EUR 2.5bn Multicurrency Revolving Credit Facility Compagnie Générale des Établissements Michelin, signed on 16 October 2020 with a group of 19 banks a new EUR 2’500’000’000 multi-currency revolving credit facility (“the Facility”). The Facility replaces the existing EUR 1,500,000,000 facility dated 12 July 2011 and amended on 20 July 2012 and 10… Continue reading Michelin signed a EUR 2.5bn Multicurrency Revolving Credit Facility

@Mitsubishi: Mitsubishi Motors Unveils New Styling On 2022 Eclipse Cross

“From the day we started to rethink the new Eclipse Cross, we wanted to address an attitude of boosted road performance and eco-friendliness, all with a stand-out style that will take this SUV to the next level,” said Minoru Uehara, chief product specialist of MMC, who is responsible for leading and facilitating the creation of the… Continue reading @Mitsubishi: Mitsubishi Motors Unveils New Styling On 2022 Eclipse Cross

Mitsubishi Motors Unveils New Styling On 2022 Eclipse Cross

“From the day we started to rethink the new Eclipse Cross, we wanted to address an attitude of boosted road performance and eco-friendliness, all with a stand-out style that will take this SUV to the next level,” said Minoru Uehara, chief product specialist of MMC, who is responsible for leading and facilitating the creation of the… Continue reading Mitsubishi Motors Unveils New Styling On 2022 Eclipse Cross

@Renault: RENAULT EWAYS : GROUPE RENAULT REVEALS NEW IMAGES…000089

Groupe Renault has manufactured cars since 1898. Today it is an international multi-brand group, selling close to 3.8 million vehicles in 134 countries in 2019, with 40 manufacturing sites, 12,700 points of sales and after-sales and employing more than 180,000 people. To address the major technological challenges of the future, while continuing to pursue its profitable… Continue reading @Renault: RENAULT EWAYS : GROUPE RENAULT REVEALS NEW IMAGES…000089

Nissan bets on EV supremacy for growth, CEO says

YOKOHAMA, Japan — Nissan President and CEO Makoto Uchida says the automaker will “take advantage of the scale of the alliance” with Renault and Mitsubishi Motors in electrification technology, which he sees as a source of future revenue. He also says electrification may drive a restructuring in the auto industry and didn’t deny the possibility of expanding the… Continue reading Nissan bets on EV supremacy for growth, CEO says

@niche: REE EV platforms showcase X-By-Wire tech prowess000151

REE Automotive (REE), the electric vehicle platform leader reshaping e-mobility, today released an all-new video showing not one, but three prototypes of its next-generation EV platforms. Presenting a vision for a range of future electric delivery vehicles, each fully operational prototype features REE’s revolutionary, modular and flexible platform architecture, which answers the exponential demand for… Continue reading @niche: REE EV platforms showcase X-By-Wire tech prowess000151