During the official opening of the $100 million government-run assembly plant in Al Iskandria in March, guests could see a small exhibit of cars, including a Chevrolet Malibu, with a legend that suggested plans for local assembly.
Between its Renault and Dacia brands, Renault Group was the largest player in Algeria in 2013 with 111,378 deliveries and 26.2% market share. The French automaker also is the first company to manufacture cars in the country.
Renault and Fiat are seeking more details about managing production, MosAvtoZil’s level of investment and the transfer price, or how much the French and Italian automakers would pay to buy back vehicles made by the Russian JV.
Improving purchasing procedures and the quality of parts sourced from Russian-owned suppliers, as well as increasing parts localization, are among the main tasks of the alliance’s partnership with AvtoVAZ.
Nissan’s VQ V-6, lauded since it came to the U.S. in 1994, has been heavily revised for the all-new Maxima sedan arriving now in showrooms. The automaker calls the VQ all-new as well, but many of the key specs carry over....More
CEO Mark Fields tells reporters at Ford’s new Silicon Valley R&D facility that an autonomous vehicle or driverless car will fit within the company's century-old tradition of offering affordable transportation....More
Regulators are granting Volvo, Mitsubishi, Mazda, JLR and Subaru an added hybrid option and a later compliance date of Jan. 1, 2018, by which time each company will be expected to have an approved pure ZEV or hybrid transitional ZEV on the market....More
Some 55% of fatal accidents in the U.S. are caused by a vehicle leaving its lane and striking an object, pedestrian or another vehicle. Continental’s Road Departure Protection system is meant to prevent those collisions....More