Nissan LEAF Gets A Price Cut In The UK

Just in time for Christmas, too. Struggling with what to get your loved ones for Christmas? Well Nissan may have an answer, because it’s cutting the price of its best-selling Leaf electric car over the festive period. The Sunderland-built car, the world’s best-selling EV, has been dropped in price by £1,650 across the entire range, meaning… Continue reading Nissan LEAF Gets A Price Cut In The UK

Renault’s Senard: Nissan capital change is ‘last thing on my mind’

PARIS — French automaker Renault agrees with Nissan Motor to preserve the capital structure between the two companies for the time being, said Renault Chairman Jean-Dominique Senard, who stressed that capital changes are “the last thing on my mind.” In an interview with the Nikkei Asian Review, Senard said he wants to converge Renault’s technologies… Continue reading Renault’s Senard: Nissan capital change is ‘last thing on my mind’

HERE Technologies welcomes Mitsubishi Corporation and NTT as new investors

• Companies to co-invest, taking 30% ownership stake in HERE• Broadened shareholder structure will support HERE’s ambitions to accelerate growth in new industries and markets• HERE to explore further strategic opportunities with MC and NTTDecember 20, 2019Amsterdam – HERE Technologies today announced that Mitsubishi Corporation (MC) and Nippon Telegraph and Telephone Corporation (NTT) of Japan… Continue reading HERE Technologies welcomes Mitsubishi Corporation and NTT as new investors

Mitsubishi and NTT to buy 30% of mapping company Here

Mitsubishi and NTT to buy 30% of self-driving mapping company Here Read M&A insights you won’t find elsewhere Exclusive scoops Smart data to help spot risk and opportunity Analysis of broader trends in M&A Lex, our agenda-setting business commentary (Premium only) Due Diligence, an exclusive M&A newsletter (Premium only) Choose your subscription Trial Not sure… Continue reading Mitsubishi and NTT to buy 30% of mapping company Here

@Renault: Jubilee LADA Vesta: 400 000 cars produced

The 400-thousandth car of the LADA Vesta family rolled off the production line of LADA Izhevsk in December. The sedan of the bright blue color “Diving” in the Exclusive trim level with automatic manual transmission and 1.6 l engine (113 HP) became the jubilee one. The SOP of the LADA Vesta model has been launched… Continue reading @Renault: Jubilee LADA Vesta: 400 000 cars produced

Volkswagen attracts bids for MAN Energy Solutions unit: Sources

MAN Energy Solutions was originally a part of VW’s trucks brand MAN, but some of MAN’s assets were transferred to Volkswagen last year as part of efforts to streamline Traton ahead of the unit’s listing. FRANKFURT: Volkswagen has attracted bids from Europe’s Innio, Japan’s Mitsubishi Heavy and U.S.-based Cummins for its MAN Energy Solutions, which… Continue reading Volkswagen attracts bids for MAN Energy Solutions unit: Sources

Volkswagen attracts bids for MAN Energy Solutions unit -sources

FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) has attracted bids from Europe’s Innio, Japan’s Mitsubishi Heavy (7011.T) and U.S.-based Cummins (CMI.N) for its MAN Energy Solutions, which makes diesel engines for ships and power generators, people close to the matter said. The logo of Volkswagen is pictured at the LA Auto Show in Los Angeles, California, U.S.,… Continue reading Volkswagen attracts bids for MAN Energy Solutions unit -sources

Boards of Fiat Chrysler, Peugeot owner PSA, sign off on merger: sources

MILAN (Reuters) – The boards of French carmaker PSA (PEUP.PA), the owner of Peugeot, and Fiat Chrysler (FCHA.MI) (FCA) in separate meetings on Tuesday approved a binding agreement for a $50 billion merger, sources said. FILE PHOTO: Carlos Tavares, Chief Executive Officer and Chairman of the Managing Board of PSA Group, attends a news conference… Continue reading Boards of Fiat Chrysler, Peugeot owner PSA, sign off on merger: sources

Auto industry: Fiat Chrysler and PSA want to seal their merger – experts fear wave of layoffs

Munich, Paris, Milan, New York The verdict of PSA-Manager about the possible merger partner is tough. The offer of Fiat Chrysler (FCA) for many future technologies is simply “not at the state of the art”, it says in a 40-page executive presentation in November, which is available to the Handelsblatt. Neither the alternative drives and… Continue reading Auto industry: Fiat Chrysler and PSA want to seal their merger – experts fear wave of layoffs

UPDATE 1-Renault offers CEO job to SEAT’s Luca De Meo, says La Vanguardia

FILE PHOTO: SEAT President and CEO Luca de Meo poses during an interview at the SEAT car factory in Martorell, near Barcelona, Spain October 31, 2018. Picture taken October 31, 2018. REUTERS/Albert Gea/File Photo MADRID (Reuters) – French carmaker Renault (RENA.PA) has offered the chairman of Volkswagen’s (VOWG.DE) SEAT brand, Luca de Meo, the job… Continue reading UPDATE 1-Renault offers CEO job to SEAT’s Luca De Meo, says La Vanguardia