Carlos Ghosn opened the door to stepping down as chief executive officer of Renault SA, as the longtime car-industry boss focuses on the Franco-Japanese alliance he built with Nissan Motor Co. and Mitsubishi Motors Corp. Ghosn, who handed over the CEO reins at Nissan last year, retains leadership posts at all three manufacturers while heading… Continue reading Ghosn Hints He May Leave CEO Role at French Carmaker Renault
Tag: Mitsubishi
Honda, new member of the employers’ association of European manufacturers ACEA
Updated 1/17/2018 12:21:39 CET BRUSSELS, Jan. 17 (EUROPA PRESS) – The Japanese car company Honda, through its European division Honda Motor Europe, has become a new member of the Association of European Automobile Manufacturers (ACEA), the organization said in a statement. The entry of Honda into ACEA occurs after the approval of the association’s board… Continue reading Honda, new member of the employers’ association of European manufacturers ACEA
Mitsubishi expects to reach 1% market share in Spain in 2018 and sell 13,000 vehicles
Posted 1/16/2018 11:31:44 CET CÁDIZ, Jan. 16 (EUROPA PRESS) – The Japanese automotive firm Mitsubishi expects to reach 1% market share in Spain in 2018, year in which it aims to increase its sales by 2,000 vehicles (+ 18%), from the 11,000 sold in 2017 to the 13,000 units during the current year. This has… Continue reading Mitsubishi expects to reach 1% market share in Spain in 2018 and sell 13,000 vehicles
Remarks from José Muñoz and Alfonso Albaisa in Detroit
NAIAS Press Conference January 15, 2018 José MuñozChief Performance Officer (CPO) Chairman of Management Committee for North America (MC NA) Good morning and welcome to the future of Nissan. It’s my pleasure to introduce a new concept vehicle that embodies our vision and commitment to Nissan Intelligent Mobility. This is the Xmotion (Cross Motion) Concept, a… Continue reading Remarks from José Muñoz and Alfonso Albaisa in Detroit
Renault beats its third consecutive sales record
Renault and its Nissan and Mitsubishi partners will they be able to claim first step of the podium of automakers in 2017 ? It will be necessary to wait for the commercial results of the other actors, at the beginning of February, to know it, but the French manufacturer will in any case largely made… Continue reading Renault beats its third consecutive sales record
New acquisition for D’Ieteren
Distribution By Tanguy Merrien, the 15/01/2018 The Belgian distribution group takes over the Rietje group, distributor of the Audi, Volkswagen and Skoda brands. The D’Ieteren group is developing in the Volkswagen group brands. Indeed, the Belgian operator takes over the entire Rietje group, distributor of the Audi, Volkswagen, Volkswagen Utilities and Skoda brands between Mechelen… Continue reading New acquisition for D’Ieteren
Car sales return to Russia after four years of diving
Dealers are breathing again in Russia. The local automotive market, still led by Lada, a subsidiary of Renault, recorded last year a volume of 1.59 million new registered vehicles, an increase of 11.9% compared to 2016. Phenomenon attributable in particular to the bottom current level of inflation and the stability of the ruble, which gives… Continue reading Car sales return to Russia after four years of diving
New facelifted 2018 Ford Ranger pick-up revealed
Ford has revealed an updated version of its Ranger pick-up ahead of a global debut at the Detroit Motor Show. It will share a stage at the NAIAS alongside the all-new Ford Edge ST. The revised Mitsubishi L200 rival will first go on sale in North America, with the refreshed model coming to the UK… Continue reading New facelifted 2018 Ford Ranger pick-up revealed
JCB Group acquires Hidsons to expand with new franchise partners
JCB Group has added Kia, Citroen, Mitsubishi and SsangYong to its list of franchise partners with the acquisition of the family-owned Hidsons Group. The acquisition of the £45 million turnover (2016) Hidsons Group’s operation in North Kent was hailed as “a perfect fit, both culturally and geographically” and add a further six dealerships to the group… Continue reading JCB Group acquires Hidsons to expand with new franchise partners
Singapore’s BM Mobility offers to buy Malaysia’s electric car-sharing firm UNiRIDE
January 11, 2018 BM Mobility Ltd, a Singapore-listed investment holding firm, said Thursday that it has offered to acquire Malaysian electric car- sharing firm UNiRide Ecotour Sdn Bhd (UNiRIDE), for RM850,000 ($212,944). UNiRIDE, founded in 2015, is currently 75%-owned by Wanted Marketing Communications Sdn Bhd, an authorized sales agent for electric bike manufacturer Treeletrik Sdn… Continue reading Singapore’s BM Mobility offers to buy Malaysia’s electric car-sharing firm UNiRIDE