Kae Inoue and Ma Jie, Bloomberg News Published 5:10 p.m. ET April 17, 2018 Nissan CEO Carlos Ghosn, 64, hasn’t said when he will retire. (Photo: David Becker / Getty Images) Carlos Ghosn said he’s seeking to change the alliance between Nissan Motor Co. and Renault SA so it will function independently of leadership once… Continue reading Ghosn: Nissan, Renault should merge
Tag: Financial Results
China Does Tesla a Favor
As a measure of China’s importance to western carmakers, Volkswagen AG is tough to beat. Evercore ISI estimates the country contributed 43 percent of the German giant’s pretax profit last year. So any change to rules governing local joint ventures is potentially very significant. Yet China’s plan to liberalize ownership restrictions on local joint ventures was… Continue reading China Does Tesla a Favor
Hybrid already more popular than diesel in Britain, report says
British motorists are more likely to opt for hybrid than diesel when they buy their next car, according to the results of a survey compiled by the National Franchised Dealer Association (NFDA). Of the 1000 respondents in the study, of which 490 were male and 510 were female, just 12% said they were considering buying a diesel… Continue reading Hybrid already more popular than diesel in Britain, report says
The Ferrari team invests 382 million a year in R & D
Ferrari is the most famous team of the Formula 1 races and also the one with the biggest budget. However, details of it are now known. Thus, the brand spent 382 million in R & D in 2016, 93 in paying its workers and 66 in operating expenses. The statements indicate that Ferrari generated $… Continue reading The Ferrari team invests 382 million a year in R & D
Convenient charging of electric vehicles without the need for a card or app: Hubject and Daimler pilot a solution for Plug&Charge that is ready for production
Berlin, 17/04/2018 – Drivers of electric vehicles previously needed to have the right charging card or smartphone app to gain access to public charging stations. To simplify this process, the Berlin-based emobility specialist Hubject has developed a solution, which enables customers to access charging stations by means of a digital certificate: Plug&Charge via the international… Continue reading Convenient charging of electric vehicles without the need for a card or app: Hubject and Daimler pilot a solution for Plug&Charge that is ready for production
Tesla says Model 3 production shut down temporarily
SAN FRANCISCO:Tesla Inc has temporarily suspended its Model 3 assembly line in what the company said on Monday was a planned production pause, as the automaker continues to face challenges ramping up its new sedan. It was the second time since February that Tesla has temporarily shut down its production line for the Model 3… Continue reading Tesla says Model 3 production shut down temporarily
Grab Adds New ‘Better 365’ Features to Provide Greater Support for Driver-partners
Singapore, 17 April 2018 – Grab today announced additional features to its ‘Better 365’ campaign for its driver-partners in Singapore. The campaign, first introduced last December, saw significant app improvements on four fronts: greater support, increased earnings, better tools and a stronger community. The second phase of ‘Better 365’, which continues to build on these… Continue reading Grab Adds New ‘Better 365’ Features to Provide Greater Support for Driver-partners
Vauxhall slims down dealer network
Vauxhall plans to reduce its dealership total by about a third as consumers change the way they buy cars. The brand, which was bought by Peugeot’s parent company PSA last year, plans to reduce the total from 326 to about 200. The move is part of a PSA drive to return the loss-making Vauxhall and… Continue reading Vauxhall slims down dealer network
Personnel changes in BMW Group production network
Munich. Effective 1 August 2018, Robert Engelhorn will take over as director of BMW Group Plant Munich. Engelhorn joined the BMW Group in 2011 and occupied various positions at the Munich and Regensburg plants. In 2016, he moved to the BMW Brilliance Automotive (BBA) joint venture in China, where he currently heads the Technology and… Continue reading Personnel changes in BMW Group production network
New social agreement at Renault
Renew the skills, but without increasing the workforce: to achieve this goal, Renault announced Monday to have signed a social agreement providing 1,400 additional recruitments in France, and a new envelope dedicated to training. In return, he will launch a new voluntary departure plan, open to employees at the end of their career. “The idea… Continue reading New social agreement at Renault