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After a report appeared claiming that Nissan is scrapping a joint development effort with Mercedes-Benz, the Japanese automaker’s CEO says the two partners haven’t split up.
Japan’s second-largest carmaker and Germany’s oldest made an agreement in 2010 to share engines and platforms for Infiniti and several compact Mercedes-Benz models. A new platform is planned for a cooperative factory in Mexico opening this year, and a decision to back out would throw a wrench into the future of the $1 billion plant Read More >
After inking the deal that brought Mitsubishi Motors under his corporate umbrella, Nissan-Renault chairman Carlos Ghosn said the acquisition would have a “massive” impact on the struggling automaker.
By sharing the alliance’s technology, platforms and engines, Mitsubishi can look forward to a brighter, product-filled future, he claimed. Full integration is still years away, but a new report sheds some light on the first all-new product born of the $2.29 billion deal. Read More >
Mazda loves its Skyactiv engine technology, as the high-compression fuel-sippers eliminate the automaker’s need for pricey hybrids or battery electric vehicles.
Boasting an increasingly rare all-gas U.S. fleet, Mazda has said it can handle increasingly stringent fuel economy requirements with improved second-generation Skyactiv engines, including their diesel variants.
It now looks like that plan won’t be enough. Read More >
Mitsubishi has officially tied the knot with its savior, making Renault-Nissan chairman Carlos Ghosn the only automotive executive in the world (and possibly the galaxy) to head three companies.
The $2.29 billion deal gives Ghosn’s Renault-Nissan alliance a 34 percent controlling stake in Mitsubishi — a financial lifeline for the struggling, scandal-plagued automaker. Already, the company’s new chairman (and demoted former chair) have big, big plans for the Mirage maker.
Nissan-sized plans. Read More >
Sparks flew when Tesla teamed up with Panasonic to produce battery packs at the automaker’s Nevada Gigafactory. Of course, it helped that the Japanese battery maker brought $1.6 billion of its own money to the table.
After it tested the waters and liked what it saw, Tesla has now inked an agreement with Panasonic to bring jobs — hopefully long-lasting ones — to Buffalo, New York. Read More >
A modern take on one of the sexiest four-cylinder cars of the 1960s will officially debut before the end of the year, and there’s a chance it will find its way to these shores.
Alpine, a reborn subsidiary of Renault, is putting the final touches on the production version of its Vision concept, a practical sports car that harkens back to the glory days of the nearly forgotten brand. Read More >
This could be the start of a beautiful business partnership.
After its romance with Volkswagen AG ended in a bitter breakup last year, Suzuki is considering hopping into bed with the world’s largest automaker.
Toyota and Suzuki issued a joint press release today announcing their intention to get together and see where it goes. Read More >
Carlos Ghosn, the synergizing executive that Sergio Marchionne only wishes he could be, isn’t mincing words when it comes to Nissan’s plans for fledgling automaker Mitsubishi.
According to the Renault-Nissan top boss, the deal between Nissan and Mitsubishi is “massive.”
Read More >
You’re a busy person, and standing at a gas station with a nozzle in your hand is for plebes.
Not to put too much of undergrad term paper slant on it, but that’s what Bentley silently suggests by rolling out a trial fuel delivery service for its owners. The ultra-luxury automaker has teamed up with U.S. tech startup Filld to offer the perk. Read More >
Few good news stories seem to originate in Iran, but Renault wouldn’t agree.
The French automaker has inked a deal with the government of Iran to massively boost vehicle production in the middle eastern country. Read More >
Volkswagen’s commercial vehicles division is eager to enter the U.S. heavy truck market, and it just found a partner to help pull it off.
Volkswagen Truck & Bus has announced it will buy a 16.6 percent stake in U.S. truck maker Navistar International Corp., a share buy worth $256 million. Both companies hope to save money (and make more of it) through the technology-sharing deal, with joint products on the horizon. Read More >
To bastardize an old Dodge slogan, if you’re willing to devote your life to sustainable driving and ditch your electricity provider, you could be Tesla material.
The electric automaker announced a deal with solar company SolarCity today — an all-stock agreement worth $2.6 billion. Acquiring the nation’s largest rooftop solar provider gives Tesla CEO Elon Musk the top-to-bottom green company he always wanted, but it opens the company up to new risks. Read More >