The Renault-Nissan alliance on Wednesday (7 April, 2010) confirmed widespread speculation earlier this week it would enter a strategic alliance with German automaker Daimler, although the trio was at pains today to insist brand identities would remain intact.
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Carmakers Renault SA, Nissan Motor Co. and Daimler AG announced on Wednesday a strategic cooperation that includes a one-time exchange of minor stakes in each other. Here are details of the agreement:
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Carmakers Renault SA, Nissan Motor Co. and Daimler AG announced on Wednesday a strategic cooperation that includes a one-time exchange of minor stakes in each other. Here are details of the agreement:
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Wide-ranging agreement to share platforms, powertrains and more to safeguard each company’s future
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Renault-Nissan CEO Carlos Ghosn and Daimler CEO Dieter Zetsche formed a global alliance today that sees the automakers swapping stakes in each other and cooperating on the development of small cars, light commercial vehicles and future powertrains.
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Daimler AG, Renault SA and Nissan Motor Co. agreed to a global share-swapping alliance that will have the German automaker and its French-Japanese partner cooperating on the development of small cars, commercial vehicles and future powertrains.
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enault, Nissan and Daimler unveiled partnership and cross-shareholding plans on Wednesday in Brussels. Here are some facts about Daimler, Renault and Nissan. Full story…
Mercedes-Benz has long been associated with the rich and famous of the world. While it certainly won’t get rid of its prestigious image anytime soon, the company realized over the years that even those away from the limelight can be fond of the shiny three-pointed star. Full story…
Detroit - Fleet managers from throughout North America will get the opportunity to view Ford's new Police Interceptor at NAFA's 2010 Institute & Expo in Detroit, April 24-27. The Police Interceptor, which was first unveiled in March, will exceed the durability, safety, performance, and fuel economy of Ford's Crown Victoria, the industry standard for nearly three decades.
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As every year, BMW is showing a concept car out of competition at the Concorso d'Eleganza Villa d'Este. To mark its victory in the Mille Miglia 70 years ago, the Munich-based brand will bring its BMW 328 Mille Miglia Concept Coupé to Lake Como. But this will not be the only link between these two great automotive events at this year's Concorso.
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Toro Rosso boss Franz Tost does not expect F1’s three new teams to be ready to challenge their more experienced rivals in 2010. Full story…
General Motors Co. and Chrysler Group should be able to attract sufficient private investment and return to profitability, U.S. Treasury officials said. A Government Accountability Office report said uncertainty about the long-term viability of U.S.
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Packing 600 hp and clad in a sinister black-and-gray paint scheme, the ominously named 2010 Dodge Viper SRT10 Final Edition was unwrapped on Tuesday.
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BMW AG and the SGL Group will build a $100 million carbon fiber manufacturing plant in Washington to supply parts for a new BMW electric vehicle. Full story…
General Motors Co. is shutting down Hummer for good, taking the last of its four discarded U.S. brands off the market. GM had said it would consider offers to buy Hummer after a deal to sell the brand fell through in February. Full story…
Diversified auto parts supplier Federal-Mogul Corp., which does more than 60 percent of its business in Europe, is looking to acquire companies developing emerging technologies for electric vehicles, its boss said.
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Magna International Inc. is teaming up with Hollingsworth Logistics Group LLC to create a joint venture to supply seats to Volkswagen AG’s new auto assembly plant in Chattanooga, Tennessee. Full story…
Opel/Vauxhall said last week that it will hire up to 250 engineers at its global technical development center in Germany.
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Electric cars are riding high, as incentives and new models make them a realistic option, but the fresh attention may highlight flaws compared with gasoline and alternatives such as biofuels.
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