Both Renault as well as PSA will receive support from the French government, as the country seeks to help its major carmakers cope with the fallout from the ongoing coronavirus pandemic. Among the measures taken are 300 billion euros ($325 billion) in government loan guarantees, and the deferral of taxes and payroll modifications for those […]
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Apple has been fined a record 1.1 billion euros ($1.23 billion) by the French competition watchdog for its anti-competitive behavior in its distribution network and abusing the economic dependence of its resellers. Additionally, the competition watchdog fined Tech Data and Ingram Micro, two of Apple’s resellers, 63 million euros and 76 million euros for agreeing […]
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Apple is going to be fined for its anti-competitive behavior in its distribution and sales network by France’s competition watchdog. As per the sources, the competition authority will announce its final decision on Monday. The competition watchdog Directorate General for Competition, Consumption, and the Repression of Fraud (DGCCRF)was investigating Apple for violating French competition law […]
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While the EU’s new emissions targets have only been active for just over two months, the PSA Group is already looking ahead at the next round of CO2 cuts (scheduled for 2025) by vertically integrating production of EV drivetrains. “Our clear manufacturing strategy is to be in control of our electrified powertrains,” said CEO Carlos […]
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There was a time when Mazda’s ambitions to achieve luxury car manufacturer status were out in the open and not at all unclear like today. In 1989, Mazda went ahead and launched the Eunos upscale brand in Japan and kept it until 1996, with the automaker also making an unsuccessful attempt in 1991 at releasing […]
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Apple has been fined €25 million ($27.3 million) by France’s Directorate General for Competition, Consumer Affairs and Fraud Prevention (DGCCRF) for intentionally slowing down older iPhones. Towards the end of 2017, it was discovered that Apple was slowing down older iPhones. After being caught, the company acknowledged that it was doing this intentionally as a […]
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Last month, we got wind of Renault considering SEAT boss Luca de Meo for the position of CEO, along with a few other candidates such as Faurecia chief executive, Patrick Koller. Now, it’s been reported that the French automaker’s board has decided on the 52-year old de Meo, who supposedly also has the backing of […]
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Nissan’s new CEO Makoto Uchida laid out his strategy to bring the Japanese car maker back to form, but also retain its independence within the Renault alliance. “The alliance is critical to reach our goals,” Uchida said. “We need to look at what worked within the alliance, and what didn’t, and decide how to go […]
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If you happen to be in northern France until March 23, 2020, then you have no excuse not to visit the Musee National de la Voiture, in Compiegne, for the ‘Concept-car. Beaute pure’ exhibition. That is where a host of cars, motorcycles and record-breaking vehicles are displayed, many of them for the first time in […]
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If you call yourself a BMW fan, then you surely must have heard of the 507, one of the most rare, and desirable, set of wheels to ever wear the blue and white roundel. Made between 1956 and 1960 in Germany, only 252 were ever put together, and 34 of them found their way to […]
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