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
Tag: Mitsubishi
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
Renault-Nissan-Mitsubishi launches a venture capital fund to invest up to $1 billion over five years
Alliance ventures to prioritize next-generation mobility with $200 million year-one funding New entity to act as main interface for start-ups, investors and the venture capital ecosystem Fund prioritizes open innovation in new mobility, including electrification, autonomous systems, connectivity and artificial intelligence First deal to be a strategic investment in Ionic Materials, a US company developing… Continue reading Renault-Nissan-Mitsubishi launches a venture capital fund to invest up to $1 billion over five years
Alternative drives for commercial vehicles: The electric trucks are coming
“Urban e-truck” from Mercedes Launched as a study at the IAA Commercial Vehicles 2016, the truck now launches as a test (Photo: Mercedes-Benz) Tons heavy, but whisper-quiet: The heavy freight traffic is now being electrified, the first small series of electric trucks in everyday use go on the roads in Germany and Austria in the… Continue reading Alternative drives for commercial vehicles: The electric trucks are coming
Asia tech news roundup – Jan 8
Ooi Huey Tyng, GrabPay’s new managing director for Singapore, Malaysia, and the Philippines. Photo credit: Grab / MovingStills Photography Funding for a used luxury goods marketplace, corporate backing for Mobike’s ride-hailing venture, and another high-profile executive appointment at Grab. Here are the day’s top tech news stories from around the region. Transportation More details of Didi’s… Continue reading Asia tech news roundup – Jan 8