Workers transporting soil containing rare earth elements for export at a port in Lianyungang, Jiangsu province, China, Oct. 31, 2010. Stringer | Reuters Automotive industry groups are increasingly worried about a rare earth shortage. Several European auto supplier plants and production lines have already been shut down due to China’s recent export controls, according to… Continue reading Auto industry sounds the alarm as China’s rare earth curbs start to bite
Tag: Renault
Five minutes with… Carlos Rodrigues, Managing Director, Renault Trucks UK & Ireland
What do you think are the major challenges for the CV industry at the moment? The commercial vehicle sector faces complex challenges that affect every part of the value chain, from suppliers and manufacturers to dealers and operators. Rapid advances in technology, the push for decarbonisation and the need to stay competitive are reshaping how… Continue reading Five minutes with… Carlos Rodrigues, Managing Director, Renault Trucks UK & Ireland
Commercial vehicle contract hire company Vertellus supplies MJD Group with 30 new Renault trucks
MJD Group has added 30 new Renault Trucks T480 turbo compound tractor units to its fleet. Supplied by Vertellus, in collaboration with its shareholder partner Renault Truck Commercials’ Rental Plus, the trucks will be used across MJD’s blue-chip customer deliveries such as Coca-Cola Europacific Partners, Tarmac and Amazon. The contract hire agreement comes with Renault Trucks’ Optifleet… Continue reading Commercial vehicle contract hire company Vertellus supplies MJD Group with 30 new Renault trucks
Freepoint Commodities Announces Renewal of Its Revolving Credit Facility at USD 2.3 Billion; Allows Growth to USD 3.2 Billion.
STAMFORD, Conn., June 5, 2025 /PRNewswire/ — Freepoint Commodities LLC (“Freepoint”) today announced that it closed a USD 2.3 billion revolving bank facility (the “Facility”). The Facility consists of a USD 1.38 million three-year committed tranche and a USD 920 million one-year uncommitted tranche. Additionally, the Facility has a USD 900 million accordion feature. Mitsubishi… Continue reading Freepoint Commodities Announces Renewal of Its Revolving Credit Facility at USD 2.3 Billion; Allows Growth to USD 3.2 Billion.
Nissan Motor India Implements Solar Power Systems Across Seven Dealerships
Nissan Motor India announced comprehensive sustainability initiatives on World Environment Day, installing grid-based solar electricity generation systems at seven dealerships across the country to power workshop and showroom operations entirely through renewable energy. The automotive manufacturer revealed these green initiatives on June 5, 2025, from its Gurugram headquarters as part of its broader environmental commitment… Continue reading Nissan Motor India Implements Solar Power Systems Across Seven Dealerships
Inside Alpine’s 20-year plan to become a proper Porsche rival
“The business case flies with the US, because [the US is] 40% of the market in [the E-segment]. So until we have it clearly, it’s a bit risky for us to push the button,” de Meo said. It also means sourcing a platform from outside Renault – likely Chinese partner firm Geely. The other global market that welcomed Audi was… Continue reading Inside Alpine’s 20-year plan to become a proper Porsche rival
Nissan would be ‘mad’ to quit the UK says brand’s former boss Andy Palmer – Car Dealer Magazine
Nissan would be ‘mad’ to quit the UK says brand’s former boss Andy Palmer Car Dealer Magazine Go to Source
Nissan’s CEO on leading in chaos: Be fast and be flexible
If you’ve just taken the top job, Nissan’s new CEO Ivan Espinosa has some advice for you. Espinosa steps into the role at a turbulent time for the global auto industry — with slowing EV sales, intensifying competition from China, and new tariffs threatening profits. “Keep the optimism up, because the environment is very tough,… Continue reading Nissan’s CEO on leading in chaos: Be fast and be flexible
Nissan CEO says mega savings plan will fix the struggling automaker
Ivan Espinosa, chief executive officer of Nissan Motor Co., speaks during an interview at the company’s headquarters in Yokohama, Japan, on Thursday, May 15, 2025. Bloomberg | Bloomberg | Getty Images Nissan CEO Ivan Espinosa on Wednesday said the short-term focus is to fix the struggling automaker, as it undergoes major restructuring efforts to get… Continue reading Nissan CEO says mega savings plan will fix the struggling automaker
Energy storage system based on EV batteries launched at Rome’s airport
As Italy rolls out an increasing number of renewable energy projects, it needs storage systems to make energy available when the sun or wind are not powering its green energy plants. Italy’s largest energy storage system based on used batteries for electric vehicles was inaugurated on Tuesday at Rome’s Fiumicino airport to help it reduce… Continue reading Energy storage system based on EV batteries launched at Rome’s airport