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Thursday, June 27, 2019

Tag: Automotive

Macron to discuss Renault-Nissan with Abe next week

French ministers have consistently highlighted the importance of ensuring that the Renault-Nissan alliance remains strong.

Volkswagen values truck unit at up to US$18.6 bln in IPO

The base offer will be 50 million shares with a possible over-allotment of as many as 7.5 million shares.

Tesla promotes lower priced China-made Model 3 in sales push

The standard rang plus Model 3 is US$7,089.94 cheaper than China’s current cheapest version.

Fiat Chrysler close to tie-up with Renault

The partnership with Renault is close to materialising, so close that it could be announce on Monday.

Malaysia prepares to boost palm-biofuel use in wake of EU limits

Government plans to include a 'B20/B30-ready' specification for vehicles in a review of the policy, says minister.

Painter transforms BMW i8 into artistic experiment

The artist refers to his work as an automobile sculpture and artistic experiment in form and colour.

Toyota says Trump sent message carmaker is ‘not welcomed’

The pushback by Toyota marks a break from years of attempting to work its way into Trump’s good graces.

Nissan said to push back Renault’s renewed efforts to merge

Nissan’s financial weakness could give Renault an opening to push harder for a merger.

Tesla raises size of share sale, Musk to buy more

Tesla's plan to issue shares and convertible debt comes after the company repeatedly pushed back forecasts for turning a profit.

Proton is second best-selling car for April 2019

The strong sales are driven by its latest model Proton X70.

Honda recalls thousands of Accord model for second airbag replacement

Some half-a-million units have completed replacement of both passenger and driver-side airbags.

Coming soon to China: The car of the future

Manufacturers are no longer selling vehicles but they are also developing new tech.

Nissan to cut global output by about 15%

A spokesperson for Nissan declined to comment on 'speculative media reports'.

Global car makers face bumpy road as China hosts auto show

Fuelled by rising incomes and government sales incentives, China has been the golden goose upon which the global automotive industry has staked its future.

2019 Auto Shanghai’s fast approaching and the teasers keep coming

Early this week, automotive companies like Audi, Infiniti, and Nissan began teasing their 2019 Auto Shanghai debuts.

Ford to shut three factories in Russia

Ford will also stop making passenger cars in a country where car sales have slumped in recent years.

PH’s new AP system won’t help Bumiputeras, says economist

Economists tell government to move towards a sales-driven concept.

BMW is biggest US automotive exporter by value for 5th year

BMW's US export report comes at a time when US President Donald Trump has threatened to saddle imported cars and auto parts with steep tariffs of up to 25%.

Ex-Nissan chair Ghosn leaves jail

If Ghosn is convicted on all charges, he faces a maximum sentence of up to 15 years in jail.

Nissan panel to recommend outside director to chair board

Under Nissan's current corporate charter, the position of board chair is automatically appointed to head the company board.

McLaren global sales up 44%

Global demand boosted by introduction of more models in its entry Sport Series range.

Ford rides trucks to surprise gain as rivals start year ice-cold

Fiat Chrysler Automobiles NV and Honda Motor Co.’s gains trailed projections, and both companies blamed the cold.

Malaysia to start manufacturing Tesla-standard car batteries by 2020

Feasibility studies are currently being undertaken to assess the battery’s energy retention rate in a tropical climate country like Malaysia.

Ford and Toyota jockey for relevance at Slim Detroit auto show

The lack of competition on the show floor leaves plenty of room for the debuts that are there to shine.