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Renault-Nissan-Mitsubishi holds monthly board meeting
- December 2, 2019
- Posted by: Simon Wait
- Category: Industry News
Renault-Nissan-Mitsubishi, a global automotive alliance, held its monthly Alliance operating board meeting in Boulogne-Billancourt, France, attended by Jean-Dominique Senard, chairman of the Alliance operating board and Renault, Makoto Uchida, nominated CEO Nissan Motor Co, Osamu Masuko, chairman Mitsubishi Motors, Clotilde Delbos, acting CEO Renault, Takao Kato CEO Mitsubishi Motors, Ashwani Gupta, nominated COO Nissan Motor [...] -
European plan to become carbon neutral revealed
- November 28, 2019
- Posted by: Simon Wait
- Category: Industry News
An action plan to unlock the potential of electric vehicles (EVs) and battery technology and enable Europe to meet its goal of becoming carbon neutral by 2050 has been unveiled. The proposals are designed to increase renewable energy generation, EV ownership and the integration of vehicles with power grids across European countries. The project has [...] -
Bus makers agree electric deal
- November 27, 2019
- Posted by: Simon Wait
- Category: Industry News
Two major players in the bus market have signed a commercial agreement that will see the integration and expansion of their electric bus ranges. Italian manufacturer Rampini and Portuguese counterpart CaetanoBus reached the agreement as part of a commercial repositioning strategy. Currently, the companies rebadge each others’ models for sale in their own markets. By [...] -
Hyundai to establish Indonesian manufacturing plant
- November 26, 2019
- Posted by: Simon Wait
- Category: Industry News
Hyundai Motor Company announced it has entered into a memorandum of understanding (MOU) with the Indonesian government to build its first manufacturing plant in the country. The company’s decision to invest in Indonesia will support its growth into new ASEAN markets, securing future growth engines to help the business combat slowing demand in the global [...] -
Global LV sales continues struggle
- November 26, 2019
- Posted by: Simon Wait
- Category: Industry News
The slowdown in global light vehicle (LV) sales shows no signs of abating this year. Last month a total 7.36 million vehicles were sold globally, which was 4.1 per cent lower than the 7.7 million sold in the same month last year. Year-to-date (YTD) sales of 74.2 million LVs have been recorded, which is 4.8 [...]