PSA Group may start production of Opel cars in Russia

FILE PHOTO: The logo of a German car manufacturer Opel is seen at a branch in Herisau, Switzerland October 16, 2018. REUTERS/Arnd Wiegmann/File Photo (Reuters) – French carmaker PSA Group may begin assembling Opel cars at its Russian plant in Kaluga, the company said on Tuesday, as it reintroduces the brand to the country. As… Continue reading PSA Group may start production of Opel cars in Russia

Ford fuel economy, EPA ends talks, better hybrids, Audi ad: Today’s Car News

Mitsubishi Engelberg Tourer concept teaser
Ford opened an investigation into the way it conducts fuel economy tests. The EPA quit speaking to California in their dispute over emissions rules. Half of Consumer Reports top picks for 2019 include hybrids or plug-in cars. And Audi makes good on advertising the performance benefits of an electric car. All this and more on Green Car Reports.

After employees expressed concern in an internal tip-line, Ford opened an investigation into the way it conducts a key portion of federally mandated fuel-economy tests. If it finds problems, it could lead to revising fuel economy numbers of some of its models—or more.

After months of dispute over its proposal to rollback scheduled increases in emissions and fuel economy standards, the EPA ended its talks with California, which has already sued the agency over the change. “This is not a two-way negotiation,” Acting Administrator Andrew Wheeler said earlier this month.

Of the 10 cars on Consumer Reports' list of Top Picks for 2019, three are hybrids, and two come as plug-in or electric models. To have so many “electrified” models on the list shows how far hybrids have come. The large, luxurious Toyota Avalon Hybrid even gets better gas mileage than the tiny original Prius.

After its Super Bowl ad last month, Audi made a new commercial for its upcoming e-tron quattro SUV touting its performance climbing a ski slope.

Finally, with yet another electric concept scheduled to debut next month, the Geneva auto show is taking shape. The latest concept, from Mitsubishi, is an electric SUV that could be a new iteration of the e-Evolution concept it showed in Los Angeles last fall (and in Tokyo 18 months before), or an updated concept for the Outlander.

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Mitsubishi Motors Lineup at 89th Geneva Motor Show

TOKYO–(BUSINESS WIRE)–Mitsubishi Motors Corporation (MMC) will be exhibiting at the 89th Geneva International Motor Show*1, March 5th through 17th, under the company’s global tagline “Drive your Ambition.” The MITSUBISHI ENGELBERG TOURER and the 2020 Outlander Sport compact SUV will make their global debuts at the show. The new L200 one-ton pickup will have its first… Continue reading Mitsubishi Motors Lineup at 89th Geneva Motor Show

UPDATE 1-Ghosn’s new lawyer, ‘the Razor’, takes aim at Nissan and prosecutors

TOKYO (Reuters) – Carlos Ghosn’s new lawyer took aim at Nissan, prosecutors and courts on Wednesday, dismissing the charges against the ousted chairman as an internal company matter and saying Japan was out of step with international norms by keeping his client in jail. FILE PHOTO: Carlos Ghosn, Chairman and CEO of the Renault-Nissan Alliance,… Continue reading UPDATE 1-Ghosn’s new lawyer, ‘the Razor’, takes aim at Nissan and prosecutors

Renault-Nissan-Mitsubishi Alliance Invests In PowerShare

5 H BY MARK KANE PowerShare grows in power. Who’s next to invest? Alliance Ventures, the venture capital arm of Renault-Nissan-Mitsubishi Alliance, announced investment in PowerShare – the charging platform startup based in China, which recently attracted also BP. PowerShare is kind of similar to ChargePoint in North America. The online platform connects EV drivers,… Continue reading Renault-Nissan-Mitsubishi Alliance Invests In PowerShare

PowerShare Raises Series A Funding Round

PowerShare, an electric vehicle (EV) charging platform startup based in China, received an investment from Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi. The investment is part of the company’s Series A round, led by BP’s venturing business, BP Ventures, wwith participation from Detong Capital Partners. The amount of the deal was not disclosed.… Continue reading PowerShare Raises Series A Funding Round

Alliance Ventures invests in PowerShare to advance charging solutions and services for electric vehicles

Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi, today announced a new investment in PowerShare, an electric vehicle (EV) charging platform startup based in China. PowerShare provides an online platform that connects EV drivers, charge point operators and power suppliers to streamline the charging experience. It offers a cloud-based system, enabling suppliers to monitor… Continue reading Alliance Ventures invests in PowerShare to advance charging solutions and services for electric vehicles

Amazon leads $700M round in electric automaker Rivian

Rivian, the electric automaker that debut its first two vehicles just three months ago, has raised $700 million in a round led by Amazon. The news follows a report earlier this week by Reuters that GM and Amazon were in talks to invest in the electric vehicle company. “We’re inspired by Rivian’s vision for the… Continue reading Amazon leads $700M round in electric automaker Rivian

Carmakers cut their PCP prices to kickstart Q1

Car manufacturers have adjusted their retail offer strategies to kickstart the year with a 4.4% drop in the average monthly prices of PCP deals, to £311.40, according to AM’s latest quarterly data. The increased affordability across manufacturers’ model ranges is in contrast to the 5.5% quarterly rise seen in Q4 2018. AM’s analysis of 259… Continue reading Carmakers cut their PCP prices to kickstart Q1

Nissan, Renault and Mitsubishi executives reaffirmed importance of alliance -Mitsubishi chief

Mitsubishi Motors Corp’s President and CEO Osamu Masuko speaks to the media after the company’s board meeting at a showroom of the company’s headquarters in Tokyo, Japan January 18, 2019. REUTERS/Issei Kato TOKYO (Reuters) – The chief executives of Japan’s Nissan and Mitsubishi Motors met with the newly appointed chairman of Renault in Tokyo on… Continue reading Nissan, Renault and Mitsubishi executives reaffirmed importance of alliance -Mitsubishi chief