PARIS (Reuters) – Fiat Chrysler Automobiles NV and Renault SA are looking for ways to resuscitate their collapsed merger plan and secure the approval of the French carmaker’s alliance partner Nissan Motor Co Ltd , according to several sources close to the companies. FILE PHOTO: The logos of Renault and Fiat carmakers are seen in… Continue reading Exclusive: FCA-Renault revival may hinge on Nissan stake cut – sources
Tag: Nissan
France prepared to cut Renault stake to shore up deal with Nissan: AFP
FILE PHOTO: French Economy and Finance Minister Bruno Le Maire delivers a speech during a high-level forum on debt at the Finance ministry in Paris, France, May 7, 2019. REUTERS/Benoit Tessier/File Photo (Reuters) – French Finance Minister Bruno Le Maire said France is ready to cut its stake in Renault SA in order to shore… Continue reading France prepared to cut Renault stake to shore up deal with Nissan: AFP
Tauro V8 Spider: Corvette engine, Solstice chassis – Digitaltrends.com
Making a new car is difficult, but there are shortcuts. Using someone else’s parts is a great way to build your dream car. Fifty years ago, Carroll Shelby combined an AC Ace chassis with a Ford V8 engine to create the Cobra. Now, a Spanish company called Tauro Auto Sport is doing the same thing,… Continue reading Tauro V8 Spider: Corvette engine, Solstice chassis – Digitaltrends.com
Toyota to launch ultra-compact battery vehicle, tie up with China’s CATL
The company has partnered with CATL. TOKYO: Toyota Motor Corp will launch an ultra-compact, battery-powered car that seats two by next year and will tie up with Chinese battery maker CATL, it said on Friday, to accommodate an accelerated shift to electric vehicles. Japan’s largest automaker said it aimed to have half of its global… Continue reading Toyota to launch ultra-compact battery vehicle, tie up with China’s CATL
Toyota to tie up with China’s CATL to accelerate electrification: Nikkei
FILE PHOTO: A Toyota logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland, March 5, 2019. REUTERS/Denis Balibouse/File Photo TOKYO (Reuters) – Toyota Motor Corp will tie up with leading Chinese battery maker Contemporary Amperex Technology Co Ltd (CATL), in a move to accelerate the electrification of its products, the Nikkei… Continue reading Toyota to tie up with China’s CATL to accelerate electrification: Nikkei
Renault Samsung workers rise against union leaders
By Kwak Yeon-soo A “labor-labor” conflict is flaring up at Renault Samsung Motors as unionized workers are divided over staging a full-scale walkout after wage negotiations with management collapsed Wednesday.Following 60 partial strikes, the Korean unit of French automaker Renault halted production at the Busan plant several times resulting in losses.The continuing labor dispute has also led Renault and its ally Nissan to realign production; while the contract for the Busan plant to manufacture the Nissan Rogue mid-size SUV will expire in September.
FCA-Renault merger collapse a blow for Goldman and its alumni network: sources
LONDON (Reuters) – The collapse of merger talks between Fiat Chrysler Automobiles(FCA) and Renault marks a setback for a tight network of current and former Goldman Sachs’ bankers who tried to convince the French political establishment to back the deal. FILE PHOTO: The logos of Renault and Fiat carmakers are seen in Nice, France, June… Continue reading FCA-Renault merger collapse a blow for Goldman and its alumni network: sources
Failed FCA-Renault deal exposes limits of French industrial intervention
* Fiat walked away from Renault deal over French politics * France has long list of state-steered unhappy deals * Government nonetheless shows no sign of relenting By Leigh Thomas PARIS, June 6 (Reuters) – Fiat Chrysler’s abrupt withdrawal of its merger offer for Renault lays bare the limits of the French government’s interventionist industrial… Continue reading Failed FCA-Renault deal exposes limits of French industrial intervention
UPDATE 1-France engaged constructively in failed FCA-Renault talks -Le Maire
(Adds detail, background) PARIS, June 6 (Reuters) – France’s finance minister said on Thursday following the collapse of merger talks between Fiat Chrysler (FCA) and Renault that the government had engaged constructively but failed to win the support of Renault’s Japanese partner, Nissan. “An agreement had been reached on three of the four conditions. What… Continue reading UPDATE 1-France engaged constructively in failed FCA-Renault talks -Le Maire
Toyota, Subaru team up to develop electric SUV in battle against costs
An employee walks past Toyota logo at Rolf, an automotive dealer in Moscow, Russia April 12, 2019. REUTERS/Maxim Shemetov TOKYO (Reuters) – Toyota Motor Corp and Subaru Corp on Thursday said they plan to jointly develop a battery-electric sport-utility vehicle (SUV) on a platform produced together as they seek to split the cost of producing… Continue reading Toyota, Subaru team up to develop electric SUV in battle against costs