Gasoline is gloriously cheap and the automotive industry is taking a break from the tiresome “more mpg” game.
That, Christmas comes early for Volkswagen employees, Carlos Ghosn has a plan to save big bucks, Google is luring more humans and Bentley can’t build enough SUVs for the “you call this caviar?!” crowd … after the break!
February ends. March begins. What better way to celebrate the sunny-but-cool weather of early spring than by looking at military castoffs? Luckily, the Lemon Lot full of them, and some were quite appropriately named.
Ladies and gentlemen, I give you one of Nissan’s cutest products: the March. (Read More…)
Romanian automaker Dacia is crafting limited-edition versions of its most popular models and wants its online fans to name them.
To mark the initiative, Dacia brought its first such model — the Swiss market-bound Duster Essential — to show off at the 2016 Geneva Motor Show.
Creature comforts like power windows and doors, alloy wheels, Bluetooth connectivity and a new specialty body color (which even covers the bumpers!) are what sets these versions apart from their entry-level brethren. It also puts greater distance between the brand and its crude Eastern Bloc origins.
FCA’s sweater-in-chief Sergio Marchionne has a plan to turn around the debt-laden and ailing automaker: stop building cars that lose money. That sounds like common sense, so long as oil prices stay low and the demand for trucks, SUVs and crossovers remains high.
But that plan introduces a new set of problems, chief among them the fact that ditching the car market leaves FCA exceptionally exposed to future volatility in oil prices. Crude prices affect prices at the pump, which affects the demand for certain types of vehicles. Sergio is betting oil prices will stay low by focusing on vehicles with ever-increasing price tags and ever-growing gas tanks.
Still, there will always be some demand for small cars. It was true in 1950 and it is true today. So what will Mr. Sweater do to meet that demand? Simple: he’ll buy those vehicles from another automaker and badge engineer them the old-fashioned way.
Volkswagen just tabbed a former FBI director to be the highest paid traffic cop in the universe.
That, Renault is only “improving” its emissions, GM’s big bet on ride sharing and the world’s biggest auto supplier says diesel isn’t dead … after the break!
Agents from France’s Economy Ministry’s fraud office last week raided the headquarters of automaker Renault, as well as other sites in Guyancourt and Lardy, as part of a probe into heavily polluting diesel vehicles in the European country. Specifically, the agents were said to be looking into “possible engine-rigging to dodge pollution controls,” reported RFI.
Renault stated that investigators found “no evidence of a defeat device equipping Renault vehicles,” Reuters reported.
Renault is now the second automaker to be investigated on a deeper level after Volkswagen admitted to falsifying CO2 emissions data in Europe and implementing a “defeat device” in diesel vehicles worldwide.
Nissan-Renault announced Thursday that it would have 10 cars on sale worldwide with autonomous features ready by the end of the decade.
Considering the photo provided by the automaker is of a Nissan Leaf, we can begin there.
Newly promoted, high-priced executives at Mazda seem to think there’s something to this crossover fad.
That, Hyundai’s landed a Benjamin Button to lead Genesis and I wish I would have known how cheap I could have purchased an F1 team … after the break.
Nissan and the French government struck a deal Friday to end a dispute over how much influence the state has over the carmaking alliance between the Japanese automaker and Renault, according to Renault.
The French government will cap its voting rights between 17.9 percent and 20 percent in non-strategic shareholder decisions, and will preclude “interference” by the government in Nissan by Renault. Renault, which is partially state-owned, is Nissan’s largest shareholder.
Earlier this year, France passed a law that would have given the government increased voting rights in the alliance, perhaps in an attempt to forge a stronger partnership between the two automakers. (Read More…)
Nissan has announced a proposal which would end Renault’s control of the Renault-Nissan Alliance, and would curtail interferance by the French government.
When we last left off, Nissan was looking to gain a voice in the alliance it made in 1999 with Renault by increasing its stake while mitigating the stake shared between Renault and Paris. The Japanese automaker has held a 15 percent non-voting stake since alliance CEO Carlos Ghosn turned around its fortunes in the early 2000s, as French law prevents affiliates owning less than 40 percent of a French-led company from voting at the shareholders’ table.
Nissan has other ideas. (Read More…)