Several analysts agree talks between the two auto makers would center on jointly developing items such as engines, transmissions and architectures for vehicles sold under their respective brands....More
Sources close to the negotiations say the two auto makers are discussing an arrangement that goes deeper than the individual partnerships PSA has with BMW, Ford, Toyota, Mitsubishi and Fiat for particular products....More
“Car production continues to drive manufacturing growth and a rebalancing of the economy,” Society of Motor Manufacturers and Traders CEO Paul Everitt says....More
With the cash infusion from Chinese investors, the boutique car manufacturer is expected to bring to fruition plans for the new Deauville luxury performance CUV shown a year ago....More
Renault's CEO predicts global industry sales will grow 4% this year but decline 3% to 4% in Europe and fall 7% to 8% in France. He says the auto maker intends to maintain its momentum in overseas markets such as Russia and Brazil....More
The WardsAuto forecast calls for U.S. auto makers to sell 1.09 million LVs this month, lifting the SAAR to 14 million-plus units for a second consecutive month.
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