GM Excites Investors With Brutal Action To Resize. Investors Love The Move, Seen As Anticipating Trouble. GM Embraces New Technology; Puts Pressure On Ford To Act. “Jawboning” Trump said GM should stop making cars in China and make them in the U.S. instead”. General Motors shock move to shut up to 5 North American factories, […]
Author Archive | Neil Winton
Ghosn Demise Casts Shadow Over Future Of Alliance
Ghosn Demise Casts Shadow Over Future Of Alliance. Nissan Will Need More Power If Alliance With Renault Is To Continue. The arrest and incarceration of former Nissan chairman Carlos Ghosn on corruption charges shocked shareholders invested in the alliance with Renault. The sudden downfall of such a powerful figure in the automotive business was seized […]
Renault Stock Price Hammered As CEO Ghosn Arrested In Japan
Renault Stock Price Hammered As CEO Ghosn Arrested In Japan. “While we acknowledge that Mr Ghosn is a key figure in the Alliance, we are confident that it can – at a minimum – continue in its current structure and continue to generate cost-efficiencies, even if Ghosn is ousted” Renault of France’s stock price fell […]
Renault-Nissan Alliance Future Clouds After Ghosn Arrest
Renault-Nissan Alliance Future Clouds After Ghosn Arrest. The Renault-Nissan Alliance’s future is under the microscope after the arrest of its leader Carlos Ghosn in Japan. Some investors think it might broken up, while others still see a long-term future for the alliance. Reports Tuesday that France, which owns 15% of Renault, had followed Nissan in […]
VW, Renault Sales Suffer From New Fuel Economy Rules
VW, Renault Sales Suffer From New Fuel Economy Rules. “still on a roller-coaster ride after new, tighter, fuel economy rules caused havoc” Volkswagen, Renault, FCA’s Alfa Romeo and Nissan were Western Europe’s big losers in October while BMW and Daimler’s Mercedes bucked the trend. The Western European market is still on a roller-coaster ride after […]
ChargePoint Raises $500 Million; Profit Pressure Starts
ChargePoint Raises $500 Million; Profit Pressure Starts. ”Daimler has thrown a lot of money into ChargePoint. It needs it to succeed” ChargePoint of Campbell, California, which says it is the world’s leading electric vehicle (EV) charging network, announced Wednesday its latest round of funding raised more than $200 million, bringing the total to over $500 […]
Aston Martin Profit Advances But Not Enough For Investors
Aston Martin Profit Advances But Not Enough For Investors. New SUV Will Be Called The DBX. British luxury sports-car maker Aston Martin’s shareholders didn’t like its 3rd quarter results, despite almost doubling sales compared with a year ago. The shares, floated on the stock market in early October, shed more than 5% after the results. […]
VW Outlines Big Electric Spending Plans, Ford Talks Progress
VW Outlines Big Electric Spending Plans, Ford Talks Progress. “The two companies complement each other very well in terms of both products and regions. Volkswagen said it will spend about €44 billion on electric cars, autonomous driving, new mobility services and digitalisation in vehicles through 2023. This represents approximately 1/3 of total spending for the […]
Mercedes Launches Fuel Cell Hybrid For Customer Tests
Mercedes Launches Fuel Cell Hybrid For Customer Tests. “The interplay between battery and fuel cell, a long range and short refueling times make the GLC FCELL a vehicle which boasts high everyday practicality,” Daimler’s Mercedes took a step closer to bringing a fuel-cell hybrid to the market when it announced the handover of the GLC […]
Autonomous Cars Face Hurdles; They Will Succeed, But When?
Autonomous Cars Face Hurdles; They Will Succeed, But When? “In the cities where all the software, mapping and knowledge is completed, and that number of cities increases, then you can have an AV of your own” The automotive industry is spending fortunes developing autonomous vehicles with no payback in sight, while the technology required to […]
