PPG is preparing another bid for AkzoNobel after its first attempt failed earlier in March, according to Bloomberg. AkzoNobel previously rejected a $22.1bn takeover proposal from PPG, saying the offer ‘substantially undervalues’ the company. PPG, however, called the bid an ‘attractive and comprehensive proposal’. However, any possible takeover is facing growing opposition in the company’s [...]

An Australian state is set to begin autonomous vehicle trials for its airport and one of its public universities. The South Australian Government has announced AU$5.6m in funding for driverless shuttle and pod trials to take place in its capital Adelaide. This will include $1m for Adelaide Airport to trial three electric driverless shuttles operating [...]

Tesla president of global sales and service, Jon McNeill has outlined a ‘roadmap’ for improvement of its bodyshop network including the application of ‘brute force’. In a thread on Tesla Motors Club website, McNeill noted that the Tesla bodyshop experience ‘needs to get a lot better – and fast’. He wrote; ‘What the service team [...]

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 [...]