Austral, spearhead of Renault’s offensive in family cars

It is not certain that the event is enough to make people forget the current context of the war in Ukraine – especially since the Renault group is particularly exposed in Russia, where it generates 18% of its sales. But the official presentation of the Austral, this Tuesday, March 8, is of particular importance for… Continue reading Austral, spearhead of Renault’s offensive in family cars

Ukraine crisis: Growth, demand to take a hard hit, deficit to soar

The Russia-Ukraine crisis-led global hike in crude oil prices to $130 per barrel is expected to trigger an inflationary trend in India which will dent growth as well as demand recovery. The inflationary blow is expected to push up prices of everything from food items to manufactured goods. Besides, the trend might force the Reserve… Continue reading Ukraine crisis: Growth, demand to take a hard hit, deficit to soar

Stellantis CEO: Ford’s EV, legacy restructuring is ‘HR challenge’

Stellantis NV CEO Carlos Tavares says Ford Motor Co.’s restructuring to separate the company’s legacy business from its electric-vehicle operations is a way to impress investors — not consumers who should be the priority. Ford Motor Co. this week said it’s creating two “distinct, but strategically interdependent” businesses: Ford Blue, home of the legacy business whose profits and… Continue reading Stellantis CEO: Ford’s EV, legacy restructuring is ‘HR challenge’

@VW Group: Vehicle deliveries to Russia stopped004711

03/03/2022 Due to the current situation, Porsche has stopped the delivery of its vehicles to Russia with immediate effect. The Volkswagen Group has received the news about the war in Ukraine with great dismay and shock. Porsche also continues to hope for a cessation of hostilities and a return to diplomacy and is convinced that a… Continue reading @VW Group: Vehicle deliveries to Russia stopped004711

@VW Group: Volkswagen stops production of vehicles in Russia and suspends export004707

The Volkswagen Group has received the news about the war in Ukraine with great dismay and shock. Volkswagen continues to hope for a cessation of hostilities and a return to diplomacy. We are convinced that a sustainable solution to the conflict can only be found on the basis of international law. Against the background of… Continue reading @VW Group: Volkswagen stops production of vehicles in Russia and suspends export004707

@VW Group: Statement on the Volkswagen Group’s business activities in Russia004706

The Volkswagen Group has received the news about the war in Ukraine with dismay and shock. Volkswagen continues to hope for a cessation of hostilities and a return to diplomacy. We are convinced that a sustainable solution to the conflict can only be found based on international law. In view of the Russian attack on… Continue reading @VW Group: Statement on the Volkswagen Group’s business activities in Russia004706

Exclusive-Chinese automaker SAIC’s MG Motor India to raise funds for EV push -sources

By Aditi Shah and Aditya Kalra NEW DELHI (Reuters) – MG Motor India, which is owned by China’s SAIC Motor, plans to raise funds to develop its Indian electric mobility business, three sources told Reuters, as Chinese investments face increased scrutiny by the government in New Delhi. MG Motor India may try to sell a… Continue reading Exclusive-Chinese automaker SAIC’s MG Motor India to raise funds for EV push -sources

Ford to use Model e name it blocked from Tesla in trademark fight

Adults fighting over the letter E.  It sounds like a “Sesame Street” episode gone bad.  But it really happened. And now the winner of that battle, Ford Motor Co., just announced that Ford “Model e” (intentionally lowercase) is the name of its all-electric auto division. Behind the scenes, it’s a story of an iconic automaker keeping a startup company based… Continue reading Ford to use Model e name it blocked from Tesla in trademark fight

@niche: Workhorse to Retire Its Troubled Flagship Electric Delivery Van001682

(Bloomberg) — Workhorse Group Inc. plans to kill its flagship electric delivery van after a recall last year, turning instead to two new models after what its CEO called a “costly misstep.” Most Read from Bloomberg The startup will retire the C-1000 van after building another 50 to 75 from available inventory this year, Workhorse… Continue reading @niche: Workhorse to Retire Its Troubled Flagship Electric Delivery Van001682

Truck maker AB Volvo halts production in Russia, article with image

The logo of Volvo is seen on the front grill of a Volvo XC40 SUV displayed at a Volvo showroom in Mexico City, Mexico April 6, 2018. REUTERS/Gustavo Graf Register now for FREE unlimited access to Reuters.com Register STOCKHOLM, Feb 28 (Reuters) – Swedish truck maker AB Volvo (VOLVb.ST) has halted all its production and… Continue reading Truck maker AB Volvo halts production in Russia, article with image