Automotive Energy Recovery System Market to Reach $45.51 Billion, Globally, by 2030 at 7.4% CAGR: Allied Market Research

Strict vehicle emission rules and regulations, rise in the number of electric vehicles & EVSE infrastructure, and focus on engine downsizing drive the global automotive energy recovery system market. PORTLAND, Ore., May 23, 2022 /PRNewswire/ — Allied Market Research recently published a report, titled, “Automotive Energy Recovery System Market by Vehicle Type (Passenger Cars, Commercial… Continue reading Automotive Energy Recovery System Market to Reach $45.51 Billion, Globally, by 2030 at 7.4% CAGR: Allied Market Research

@Nissan: 2022/05/20 Nissan, Mitsubishi Motors, and NMKV Hold Line-Off Ceremony for New Kei EV …000752

2022/05/20 Nissan Motor Co., Ltd.Mitsubishi Motors CorporationNMKV Co., Ltd. KURASHIKI, Okayama, Japan, May 20, 2022 – Nissan Motor Co., Ltd. (hereafter, Nissan), Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors), and NMKV Co., Ltd. (hereafter, NMKV) held a line-off ceremony today for the new Kei or mini electric vehicle (EV) to be released by Nissan and Mitsubishi… Continue reading @Nissan: 2022/05/20 Nissan, Mitsubishi Motors, and NMKV Hold Line-Off Ceremony for New Kei EV …000752

German Manager Magazin: ACEA: New car registrations in the EU fall to a record low001790

Automakers have in the European Union Also in April significantly fewer vehicles were sold than in the corresponding period of the previous year due to the ongoing problems in the supply chain. The number of new registrations fell by 20.6 percent to 684,506 pieces, as the industry association Acea announced on Wednesday in Brussels. With… Continue reading German Manager Magazin: ACEA: New car registrations in the EU fall to a record low001790

RENAULT GROUP: Renault Group signs agreements to sell Renault Russia and its controlling interest in AVTOVAZ

PRESS RELEASE May 16, 2022 Renault Group signs agreements to sell Renault Russia and its controlling interest in AVTOVAZ Boulogne-Billancourt, May 16th, 2022 – The Board of Directors of Renault Group unanimously approved the signing of agreements to sell 100% of Renault Group’s shares in Renault Russia to Moscow City entity and its 67.69% interest… Continue reading RENAULT GROUP: Renault Group signs agreements to sell Renault Russia and its controlling interest in AVTOVAZ

@Renault: RENAULT GROUP: Renault Group signs agreements to sell Renault Russia and its controlling interest in AVTOVAZ000387

PRESS RELEASEMay 16, 2022 Renault Group signs agreements to sell Renault Russia and its controlling interest in AVTOVAZ Boulogne-Billancourt, May 16th, 2022 – The Board of Directors of Renault Group unanimously approved the signing of agreements to sell 100% of Renault Group’s shares in Renault Russia to Moscow City entity and its 67.69% interest in… Continue reading @Renault: RENAULT GROUP: Renault Group signs agreements to sell Renault Russia and its controlling interest in AVTOVAZ000387

@Renault: RENAULT GROUP: Renault Group studies the creation of two specialized centers of excellence000385

PRESS RELEASEMay 12, 2022 Renault Group studies the creation of two specialized centers of excellence An entity dedicated to the development, production and sales of electric vehicles An entity dedicated to the development and production of new generation E-TECH ICE and hybrid engines and transmissions Boulogne-Billancourt, May 12, 2022 – As part of its “Renaulution”… Continue reading @Renault: RENAULT GROUP: Renault Group studies the creation of two specialized centers of excellence000385

@Renault: RENAULT GROUP: Geely Automobile Holdings to acquire 34.02% of the shares of Renault Korea Motors000377

Geely Automobile Holdings to acquire 34.02% of the shares of Renault Korea Motors Geely Automobile Holdings (Geely Auto, stock code on SEHK: 0175) and Renault Group have reached an agreement into which Geely Auto will subscribe for 34.02% of the shares in Renault Korea Motors (RKM) through a capital increase mechanism. The deal will be… Continue reading @Renault: RENAULT GROUP: Geely Automobile Holdings to acquire 34.02% of the shares of Renault Korea Motors000377

Tesla, new profit champion among automakers

Who would’ve believed that ? Barely a year ago, Tesla’s meager profits came largely from sale of CO2 credits . Today, against all odds, the champion of the electric car has also become the champion of profitability in the automotive industry. According to the ranking established by the firm EY based on the 2021 accounts… Continue reading Tesla, new profit champion among automakers

Carlos Ghosn allegedly received more than $30 million from a Renault distributor in the Middle East

If Carlos Ghosn escaped Japanese justice by fleeing to Lebanon, he risks soon being tried in France, whether he is present or not, for abuse of corporate assets, money laundering and acts of corruption. French magistrates suspect the former CEO of the Renault-Nissan-Mitsubishi alliance of having received more than $30 million from a major distributor… Continue reading Carlos Ghosn allegedly received more than $30 million from a Renault distributor in the Middle East