In a bid to increase penetration in Asian HEV market, Renault Group and China’s Geely Holding Group (Geely Group), have signed an agreement to launch a new collaboration dedicated to bringing fuel-efficient Hybrid Electric Vehicles (HEV) and Internal Combustion Engine (ICE) models in South Korea. The new vehicles will be produced at the Renault-Samsung facility in… Continue reading Renault inks pact with Geely Holding for HEVs in South-Korea
Tag: Renault
Tesla Roadster and Cybertruck are most popular EVs by search despite delays
A new survey of searches shows that the Tesla Roadster and Cybertruck are the most popular upcoming electric vehicles despite the delays. You have to go down to fourth place for a vehicle available on the market this year. One of Tesla’s biggest market advantages is its mind shares in the EV market – when people… Continue reading Tesla Roadster and Cybertruck are most popular EVs by search despite delays
Premium auto dealership chain Landmark files papers for Rs 762 crore IPO
The IPO also includes a reservation for subscription by eligible employees. Proceeds from its fresh issuance worth Rs 120 crore will be utilised for payment of debt and general corporate purposes. New Delhi: Automobile dealership chain Landmark Cars Ltd has filed preliminary prospectus with capital markets regulator Sebi to raise Rs 762 crore through an… Continue reading Premium auto dealership chain Landmark files papers for Rs 762 crore IPO
Calling it Quits
When Tata Group Chairman, N Chandrasekaran met Tamil Nadu Chief Minister, MK Stalin some weeks ago, reports began doing the rounds that there was finally a knight in shining armour for Ford’s facilities in Chennai and Gujarat. The optimism could be short-lived since there is no indication that this will happen in a hurry. Tata… Continue reading Calling it Quits
SsangYong sale brings down the curtain on Mahindra saga
It’s finally all over for Mahindra & Mahindra and SsangYong Motor. With the Korean SUV maker now in the hands of a consortium led by Edison Motors, its 10-year innings with its Indian owner has officially come to an end. M&M had already made it known a couple of years ago that it would cap… Continue reading SsangYong sale brings down the curtain on Mahindra saga
RENAULT GROUP 2021 COMMERCIAL PRESS RELEASE
COMMUNIQUE DE PRESSE 01/17/2022 Renault Group pursues growth in value-creating segments Renault Group’s worldwide sales amounted to 2,696,401 vehicles, down 4.5%. Renault Group is pursuing the sales policy initiated in the third quarter of 2020, which is leading to an increase in the share of its sales in the most profitable channels. In the five… Continue reading RENAULT GROUP 2021 COMMERCIAL PRESS RELEASE
WeRide reaches 10 million kilometers of autonomous driving
WeRide has accumulated a massive number of high-quality scenarios through 10 million kilometers, combining testing and operations with more than 300 AD vehicles over the past four years. WeRide’s fleets comprise Robotaxi, Robobus, and Robovan, running in cities such as Guangzhou, Zhengzhou, Nanjing, Wuhan, Anqing in China and San Jose in the US. They are… Continue reading WeRide reaches 10 million kilometers of autonomous driving
Renault’s higher-value brands focus pays off in 2021
PARIS, Jan 17 (Reuters) – A solid performance by Renault’s (RENA.PA) higher-value brands helped soften an overall drop in annual worldwide group sales at the French carmaker, as its focus on more profitable models pays off. Renault’s (RENA.PA) worldwide group sales fell for the third year in a row in 2021, due notably to problems… Continue reading Renault’s higher-value brands focus pays off in 2021
@Renault: RENAULT GROUP 2021 COMMERCIAL PRESS RELEASE000351
COMMUNIQUE DE PRESSE01/17/2022 Renault Group pursues growth in value-creating segments Renault Group’s worldwide sales amounted to 2,696,401 vehicles, down 4.5%. Renault Group is pursuing the sales policy initiated in the third quarter of 2020, which is leading to an increase in the share of its sales in the most profitable channels. In the five main… Continue reading @Renault: RENAULT GROUP 2021 COMMERCIAL PRESS RELEASE000351
‘The best car in the world is Korean’
When I first mooted the idea of asking some of the top dogs in the vehicle manufacturing, retailing and motorsport businesses to vote for their best cars of the year, I was warned off. The advice went a bit like this: the designers and engineers will only vote for the vehicles they designed; the high… Continue reading ‘The best car in the world is Korean’