Renault SA is reportedly mulling over the possibility of undergoing extensive restructuring, followed by an initial public offering for its electric vehicle assets. While the company had hinted that splitting itself into separate EV and combustion brands was a possibility in February, it wasn’t taken all that seriously. At the time, numerous automakers had suggested dividing themselves along similar lines.
But Ford Motor Co. announced it would actually be going ahead with the plan in March and Renault appears to be similarly warming to the idea, based on a meeting held last week between upper-level management and analysts. This included CEO Luca de Meo and CFO Thierry Pieton, both of whom allegedly acknowledged the real possibility of a split at the French automaker and the subsequent IPO.
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- Namesakeone Please ask the Mazda representative this: Will Mazda ever make cars (besides the 3 and the MX-5) again? I know SUVs and crossovers are all the rage and sell so well and are so profitable, but Mazda made its reputation on sports cars and sedans and coupes that were interesting to drive. Not everything has to be a vehicle that looks like what every other manufacturer is selling. Mazda has enough SUVs in its lineup. Give the enthusiasts something.
- Ollie Read closer, I wrote $0.15 every 4 miles. I dare say a Dodge Challenger Hellcat will challenge a Model 3 in only one aspect that has any interest to me — raw acceleration. Although I have not ever been in one, I imagine a pretty miserable experience would await in comparison to my quite, smooth & comfortable M3. If I wanted that kind of raw power and the comforts mentioned, there is always the Tesla Plaid.
- Jesse The math doesn't check out on their claims. The closest I could come to making their numbers work was by comparing a Hummer EV pickup that was unloaded that was charged in Hawaii at double the national average price of electricity to a Toyota Camry at the national average price of gasoline. Hardly an apples to apples comparison. I have ran the numbers here in washington state at my price of 8 cents a kwHr and I can drive a 2022 model s almost 500 miles for the price of driving a Toyota Camry with a 4 cylinder 100 miles.
- Laine Callahan I own a 1978 dlx with 41000. Orig paint, zero rust , in my garage since 05 lolgoing thru her now, valve gasket, tank reline, fuel pump , such a kick to driveneed driver seat bottom cushion replaced or redone. Any suggestions?
- Ollicat VAGhost - It must be difficult to come up with some of the boneheaded things you say. Very few people have $50 grand to put up huge solar array at their house. The medium income in this country is under $60K. Not all of us are as financially gifted as you. Secondly, if you only use your privileged solar system to fuel up, then you never travel more than 150 miles from your home. 3rd, this is not 1970. North America has all the petrol reserves we need to provide for ourselves. Only the Biden crowd is standing in the way that becoming a reality. Under Trump, we were a net exporter of oil. Lastly, your EV is enslaving 40,000 children in Congo as they mine cobalt to make you feel good about yourself.