Renault has decided to end its product collaboration with Fiat Chrysler regarding vans, ahead of the latter’s merger with rivals PSA, said Renault deputy chief exec Clotilde Delbos today. The van collab was first established under former Renault boss Carlos Ghosn, with the French carmaker producing Fiat’s Talento van at its Sandouville factory in northern […]
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Luca de Meo will unveil an eight-year turnaround plan for Renault next year, as the carmaker attempts to overcome a slump in demand caused by the coronavirus pandemic. The recently-appointed CEO spoke about this timeframe during an interview with a Spanish newspaper, reports Autonews Europe. The turnaround is expected to include the Renault brand making […]
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Tesla Motors announced it will start shipping Model 3 vehicles from its Chinese factory to Europe starting this month. Countries that will receive the China-made Model 3 include Germany, France, Italy and Switzerland. Tesla’s Shanghai factory in China first started delivering cars in December 2019 as the company’s first production facility outside the United States. […]
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Today is a big day for GM as it will unveil the 2022 GMC Hummer EV pickup truck. However, that’s not the only major announcement the U.S. automaker has in store. In a short statement posted on its media website, GM said it would be making “a major U.S. manufacturing investment announcement” on October 20, […]
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The Volkswagen Group finally looks set to take over U.S. truck and bus manufacturer Navistar International (formerly International Harvester) after the German giant improved the offer it made in September. VW’s truck and bus holding company, Traton SE, already holds a stake of 16.8 percent in Navistar. On October 14 it made an offer of […]
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BMW will bring production of the next-generation Mini Countryman in-house due to the coronavirus pandemic. The current Mini Countryman has been built at the VDL Nedcar facility in the Netherlands since 2016, but in a recent statement, the third-party manufacturer said it will not receive a follow-up order to handle construction of the next Countryman […]
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In the ongoing conflict between two of Detroit’s Big Three, General Motors wants its racketeering lawsuit against Fiat Chrysler Automobiles to be reinstated. GM infamously sued FCA for racketeering last year, claiming that the latter bribed United Auto Workers (UAW) officials to corrupt labor talks to its advantage. The General claims this cost it billions […]
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Artificial Intelligence (AI) is something that freaks out many people, especially after Elon Musk famously said in 2018 that it is “far more dangerous than nukes” for the human species. While some people are wary of the ever-increasing presence and power of AI, companies fully embrace the benefits it brings. The BMW Group makes no […]
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Lotus is upgrading its Hethel headquarters with a multi-million-pound investment as part of the company’s rejuvenated strategy under the wings of Geely. The new upgrades are designed to grow Lotus Engineering, the consultancy division of the company, and include numerous all-new and upgraded engineering test facilities, as well as a facelift for the carmaker’s own […]
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Mercedes has announced more details about its major cost-cutting strategy in order to achieve higher profitability and lower its break-even point. The German carmaker will gradually phase out manual transmissions and reduce the number of internal combustion engines by 40 percent until 2025 and by 70 percent by 2030. The target is to cut fixed […]
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