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Renesas Buy, Absorb IDT PDF Print E-mail
Monday, 08 April 2019

Renesas have bought IDT (Integrated Device Technology, Incorporated)

Together with IDT, Renesas say they will deliver an even broader range of leading-edge technology and embedded solutions by combining IDT's RF, high performance timing,

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Daimler, Geely to Build Smart Cars in China PDF Print E-mail
Monday, 01 April 2019

The Smart microcar brand will be expanded into the subcompact segment and will build all future models in China for global markets in a joint venture owned by Daimler and Geely Holding.

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Renault Want to Merge with Nissan and FCA: Report PDF Print E-mail
Monday, 01 April 2019

Renault are seeking to restart merger talks with Nissan within 12 months as the first step toward the creation of a bigger auto conglomerate that will involve a bid by both companies for Fiat Chrysler Automobiles, the Financial Times has reported.

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BMW, Daimler Seek Big Shared-Platform Savings PDF Print E-mail
Monday, 25 March 2019

BMW and Daimler are talking about coöperatively developing vehicle platforms for electric cars—an idea that could save each automaker at least €7bn.

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Peugeot Family Bullish on Buys PDF Print E-mail
Monday, 25 March 2019

The Peugeot family would support a new acquisition if an opportunity presented itself, Robert Peugeot, the president of Peugeot family holding company FFP told French daily Les Echos.

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New Organisation at BMW Group PDF Print E-mail
Monday, 25 March 2019

The BMW Group are reorganising their Board of Management to create a structure they say will be leaner and more future-orientated. From this coming 1 April, the BMW, MINI and Rolls-Royce automotive brands will be part of a new central

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Ford to Slash Germany Jobs PDF Print E-mail
Monday, 25 March 2019

Ford plan to cut more than 5,000 jobs in Germany and will reduce their workforce in Britain as they seek a return to profitability in Europe. The company say they have offered voluntary buyouts for employees in Germany and Britain.

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Renault, Nissan, Mitsubishi Hit Reset Button PDF Print E-mail
Monday, 18 March 2019

The heads of Renault, Nissan, and Mitsubishi announced a new power-share agreement as a "new start" for the automaking alliance shaken by the indictment of their former Chairman Carlos Ghosn.

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Jeep, Jaguar winners as European sales fall 1% in February PDF Print E-mail
Monday, 18 March 2019

European new-car sales fell 0.9 percent in February with Porsche, Audi and Nissan suffering steep drops in volume while Jeep and Jaguar made big gains.
Registrations dropped to 1.15 million cars in the EU and EFTA markets, data from industry association

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China Vehicle Sales Drop Hard PDF Print E-mail
Monday, 18 March 2019

New-vehicle sales in China fell sharply in February by 13% to 1,482,000 units, according to newly-released wholesale data from CAAM (the China Association of Automobile Manufacturers).
This follows an 18% drop in January, bringing the cumulative

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Renault's New Executive Committee PDF Print E-mail
Monday, 18 March 2019

Thierry Bolloré (photo), CEO of Groupe Renault, has changed the composition of the Executive Committee.

The new composition of the Groupe Renault Executive Committee as of this coming 1 April will be:

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