The Renault-Nissan Alliance is creating a light commercial vehicle business unit to expand its global presence in this segment. Renault and Nissan will leverage complementary markets and products to drive Alliance sales, while maintaining their own brand identity, sales and revenue. Alliance chairman and CEO Carlos Ghosn said, ‘The combination of Renault, Nissan and the [...]

Renault has opened its third Innovation Lab devoted to the future of mobility. The new lab is situated in Paris, adding to already established labs in Silicon Valley and Tel Aviv. ‘Renault has been making cars for over 100 years,’ said Pierrick Cornet, alliance global director of advanced engineering. ‘But as our industry is changing [...]

Ford and Volvo have both been named among the world’s most ethical companies. Ford has made the list for the eighth year in a row, the longest streak of any auto manufacturer. The list, compiled by Ethisphere Institute, recognises companies for driving positive change by mandating ethical practices and promoting corporate citizenship as well as [...]

US chipmaker Intel is to acquire Israeli autonomous technology company Mobileye in a $15.3bn deal. The acquisition combines the best technologies from both companies, including: connectivity, computer vision, data centre, sensor fusion, high-performance computing, localization and mapping, machine learning and artificial intelligence. ‘Together, we can accelerate the future of autonomous driving with improved performance in [...]

Volkswagen has pleaded guilty to fraud, obstruction of justice and falsifying statements as part of a £3.5bn settlement reached with the US Justice Department over the diesel emissions scandal. VW general counsel Manfred Doess told a court in Detroit the company was, ‘guilty on all three counts’ and is the first time the company has [...]