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

Groupe Renault is preparing the mobility services of the future with the Alliance Ventures fund

Wednesday 10 January 2018 by Emmanuel GENTY – Corporate Emmanuel GENTY Share on Twitter Share on Facebook Share on LinkedIn Share on Pinterest On 9 January 2018 at the salon CES in Las Vegas, Carlos Ghosn, Chairman and CEO of Renault-Nissan-Mitsubishi, announced the creation of Alliance Ventures, a corporate venture capital fund that will invest… Continue reading Groupe Renault is preparing the mobility services of the future with the Alliance Ventures fund

Cruising With No Hands at 80 MPH in Renault’s Autonomous Car

It had snowed, rained and even hailed a little that morning in the northern French region of Normandy, and we were about to take a new car out for a test drive — a unique model Renault SA built and polished for over two years. Our stress levels were at a peak when the time… Continue reading Cruising With No Hands at 80 MPH in Renault’s Autonomous Car

Renault-Nissan-Mitsubishi launch $1 bln venture capital fund

TOKYO, Jan 10 (Reuters) – The Renault-Nissan-Mitsubishi alliance said it is setting up a venture capital fund that plans to invest as much as $1 billion over five years, the latest move by major carmakers as they seek to adapt to rapid industry change by investing in startups. It is set to be largest corporate… Continue reading Renault-Nissan-Mitsubishi launch $1 bln venture capital fund