A comprehensive report on the UK car body repair market, published by Trend Tracker, shows the total market value for UK primary car body repairs is expected to grow by 14% from £4.75bn in 2018 to £5.43bn in 2023, excluding VAT. The total market value is increasing at unprecedented levels, rising by 28.5% between December [...]

China’s largest ride-hailing operator Didi Chuxing and BAIC have set up a joint venture to develop new energy vehicles and artificial intelligence solutions. Didi is working with Beijing Electric Vehicle Co., a unit of state-owned BAIC, to develop ‘next-generation connected-car systems.’ BAIC-Xiaoju New Energy Auto Technology Co. Ltd is the first joint venture between Didi [...]

Groupe PSA has been named as a global leader on corporate climate action by environmental impact non-profit CDP. CDP assesses companies on the comprehensiveness of their climate disclosure, their awareness and management of environmental risks. It also takes into account their demonstration of best practices and their environmental leadership, such as setting ambitious and meaningful [...]

Following the resignation of Carlos Ghosn, Renault’s board of directors met on 24 January under the chairmanship of Philippe Lagayette, lead independent director. The board has decided to provide Renault with a new governance structure and, on this occasion, to institute a separation of the functions of chairman of the board and chief executive officer. [...]