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Archive | October, 2019

Renault Shares Dive After Profit Warning

Renault Shares Dive After Profit Warning. Investors Worry About Nissan, FCA, CO2 Complications. “That makes the synergies on offer via a merger with partner Nissan or rival Fiat imperative to stop the profit bleed” Renault shares dived more than 12% after the company cut its profit forecast for 2019 by 20% and investors worried that […]

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Brexit Worries Mount As Deadline Nears

Brexit Worries Mount As Deadline Nears. “While we don’t comment on speculative scenarios, our plans for Qashqai production in Sunderland have not changed” The automotive industry continues to be concerned over the possible impact of Britain’s departure from the European Union (EU), and unconfirmed media reports suggesting the U.K.’s industry could be decimated if it […]

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UK Auto Industry Spooked By Possible “No-deal” Brexit

UK Auto Industry Spooked By Possible “No-deal” Brexit. “As the Brexit clock ticks ever closer to midnight, this survey reveals the bleak future that awaits this vital sector in the event of ‘no-deal’” The automotive industry in Britain is getting increasingly nervous that as Brexit negotiations with the European Union (EU) reach a climax, they […]

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Uniti

Sweden’s Uniti Points The Way To Affordable, Electric Cars

Sweden’s Uniti Points The Way To Affordable, Electric Cars. “If we want to reduce substantially CO2 emissions from passenger cars, it is crucial to reorient the market towards lighter cars” Just days after Dyson, Britain’s high-profile vacuum-cleaner maker, cancelled its $2.7 billion project to make a big, expensive electric car, Uniti of Sweden, announced Monday […]

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