Tag: automobile industry
Fiat Chrysler Automobiles NV is considering a tie-up with Renault SA, which could eventually lead them to becoming part of the Renault-Nissan Motor Co. alliance, according to people familiar with the matter.
Volkswagen plans to produce 50 electric car models by 2025 in a step meant to win over consumers.
Tesla shares tumbled after the company announced in a blog post plans to move from physical to online stores.
Chinese consumers are shunning expensive purchases like cars as the economy slows down and the US-China trade war continues.
As demand in China for electric cars rockets, passenger cars see a downturn in sales.
Economy Minister Altmaier says that the tightening of US trade policies has resulted in increased tensions and slowed global growth.
The entrepreneur development minister insists project will use national expertise to create ecosystem leading to possible aerospace ventures
Lotus Cars could complete Li Shufu’s ambition to create a portfolio of international brands at different price points as it would be a prestigious addition, like Volkswagen has Porsche and Toyota has its Lexus.