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 […]
JLR Slashes Spending To Restore Profitability
JLR Slashes Spending To Restore Profitability Does Jaguar Range Face The Axe? Jaguar Land Rover (JLR), British based and Tata Motors of India owned premium vehicle maker, is losing money because of falling sales in China and poor diesel sales in Europe, and might be forced to slash Jaguar’s model range if it is to […]
Tesla Appoints New Leader To Tame Musk
Tesla Appoints New Leader To Tame Musk. Exciting Profit Was Not Quite What It Seemed. “Denholm is also going to have to stand up to Musk more often than the board on which she sat had done thus far” Tesla Inc appointed a new chairman to oversee volatile CEO Elon Musk, while new financial data […]
BMW Profit Shortfall Suggests The Good Times May Be Over
BMW Profit Shortfall Suggests The Good Times May Be Over. “its fortunes could be at a turning point. Threats from environmental regulations, technological change and new competitors are huge” BMW’s sharp drop in profits couldn’t have been a surprise to investors. After all BMW warned this would happen in September. But BMW’s stock price tumbled […]
Ferrari Stock Price Slips As Profit Increase Fails To Excite
Ferrari Stock Price Slips As Profit Increase Fails To Excite. “Does Ferrari even need the Portofino?” Italian luxury sports carmaker Ferrari reported improved profits in its 3rd quarter but the rate of progress was not spectacular enough for some and the stock price slid nearly 3 per cent on the day of the announcement. Profits […]
Skoda Fabia Hatch SE 1.0 TSI 95 review
Skoda Fabia Hatch SE 1.0 TSI 95 review. For – cute, well equipped, decent performance. Against – pricey. *** £16,175 Competition – Honda Jazz, Mazda 2, Mini, Ford Fiesta, VW Polo, SEAT Ibiza, Dacia Sandero, Audi A1, Citroen C3, Suzuki Baleno, Hyundai i20, Nissan Micra, Renault Clio, Alfa Romeo Mito, Peugeot 208, Toyota Auris, Kia […]
Tesla’s Surprise Profit Suggests Major Turning Point
Tesla’s Surprise Profit Suggests Major Turning Point. But Not Everyone Agrees A New Day Has Dawned, Yet. “We continue to question sustainability and leave our target at $291” “Are we nearly there yet? Nearly” Tesla Inc investors reacted positively to the company’s surprise profit in the 3rd quarter, with many hailing the numbers as marking […]
