Tag: Russia

Renault’s Restructuring Plan Calls For 15,000 Layoffs Worldwide, 17.5% Lower Production Capacity

Yesterday Nissan revealed its restructuring plan and today it is Renault’s turn to do the same. Renault Group’s main objective is to reduce fixed costs by more than €2 billion ($2.22 billion) over the next three years to restore its competitiveness and “ensure its long-term development within the framework of the Alliance.” Achieving savings of […]

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Overcompensating Much? World’s Toughest BMW 7 Series E32 Is Ready To Tame The Wilderness

The second-generation BMW 7 Series (E32) consolidated the nameplate’s position as a worthy rival for the Mercedes-Benz S-Class. Built between 1986 and 1994, it combined timeless BMW styling (signed by Ercole Spada) with straight-six, V8 and V12 power plants as well as state-of-the-art technology. Features introduced by the E32 for the first time on a […]

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