The Renault-Nissan-Mitsubishi automotive alliance announced that its member companies sold a combined total of 10,608,366 units in the 12 months to 31 December 2017. Growing demand for SUVs, light commercial vehicles and a rising number ...
Groupe Renault and Brilliance China Automotive have signed a joint venture (JV) contract to manufacture and sell light commercial vehicles (LCV) in China in three segments with three brands. The new JV, which will be known as ...
Tags: Renault, Light Commercial Vehicles
Dilawri Group of Companies has acquired Automobiles Niquet Audi and Volkswagen (Automobiles Niquet), for a combined total of eight dealerships in the Province of Quebec. The acquisition of these two premier dealerships, representing the ...
Tags: Dilawri Group, Automobiles
Volvo Cars has unveiled a new manufacturing strategy for China in which production capacity will be increased. China will be developed into a global manufacturing and export hub servicing growing demand for the company's new range of cars ...
Tags: Volvo Cars, Manufacturing Strategy
Valeo has agreed to acquire German clutch and and gear actuators maker FTE automotive from Bain Capital Private Equity for €819.3m. Subject to the approval of the European and Brazilian anti-trust authorities, the transaction is ...
Tags: Valeo, FTE Automotive
Acura announced the first serial production 2017 Acura NSX at the new Performance Manufacturing Center (PMC) in Marysville, Ohio. The PMC is the exclusive manufacturing home to Acura's next-generation NSX, the only supercar made in ...
Sales growth in China's auto market will resume in 2016 after having stagnated since 2015, while automakers' margins will narrow due to fiercer competition, Fitch Ratings predicted Tuesday. Reduced purchase taxes and recovering consumer ...
Tags: auto market, SUVs
When auto companies showed up in Las Vegas this month for the International Consumer Electronics Show (CES), a traditional parade ground for what's new in information technology, they certainly didn't seem like misfits. In 2014, output of ...
Tags: Automobiles, CES 2015, Electric vehicles
bto increase its capital spending by about €1.1bn, which is triggered by the increase in development cost and investment in technologies required to reduce CO2 emission from production. More than half of its capital spending is ...
Tags: CO2 emission, Global Presence, Auto
In the presence of Germany’s Chancellor Dr. Angela Merkel and the Chinese State President Xi Jinping, Daimler AG and its Chinese partner Beijing Automotive Industry Corporation (BAIC Group) today signed an agreement on the further ...
Tags: Daimler, BAIC, Mercedes-Benz
Automotive technology supplier Robert Bosch is developing technologies to make cars an acitve part of the internet, in order to improve the comfort, safety, and efficiency. In this project, the company is pursuing three strategic ...
Tags: Automotive technology, Bosch, Network Cars
The Renault-Nissan Alliance sold a record 8,266,098 vehicles in 2013, propelled by record sales in the car group’s two largest markets, China and the United States. Renault-Nissan's 2013 calendar-year sales, which include sales of ...
Tags: Renault-Nissan, Auto Parts
German automaker Daimler has acquired a 12% stake in its Chinese partner BAIC Motor, the passenger car unit of Beijing Automotive Group (BAIC Group). This transaction marks the first investment by a non-Chinese automotive company in a ...
Tags: Daimler, Chinese BAIC Motor
Almost two-thirds of affluent young Australians would prefer to buy an imported vehicle to a locally made car, according to the results of a new study. A Roy Morgan survey of more than 40,000 Australians found that just 35.8 per cent of ...
Jaguar Land Rover has committed to developing future products in the UK, announcing plans to build a new research and development facility in Warwick, England. The facility, to be named the National Automotive Innovation Campus (NAIC), is ...
Tags: Jaguar, Land Rover