Renesas have bought IDT (Integrated Device Technology, Incorporated)
Together with IDT, Renesas say they will deliver an even broader range of leading-edge technology and embedded solutions by combining IDT's RF, high performance timing,
The Smart microcar brand will be expanded into the subcompact segment and will build all future models in China for global markets in a joint venture owned by Daimler and Geely Holding.
Renault are seeking to restart merger talks with Nissan within 12 months as the first step toward the creation of a bigger auto conglomerate that will involve a bid by both companies for Fiat Chrysler Automobiles, the Financial Times has reported.
The Peugeot family would support a new acquisition if an opportunity presented itself, Robert Peugeot, the president of Peugeot family holding company FFP told French daily Les Echos.
The BMW Group are reorganising their Board of Management to create a structure they say will be leaner and more future-orientated. From this coming 1 April, the BMW, MINI and Rolls-Royce automotive brands will be part of a new central
Ford plan to cut more than 5,000 jobs in Germany and will reduce their workforce in Britain as they seek a return to profitability in Europe. The company say they have offered voluntary buyouts for employees in Germany and Britain.
The heads of Renault, Nissan, and Mitsubishi announced a new power-share agreement as a "new start" for the automaking alliance shaken by the indictment of their former Chairman Carlos Ghosn.
Jeep, Jaguar winners as European sales fall 1% in February
Monday, 18 March 2019
European new-car sales fell 0.9 percent in February with Porsche, Audi and Nissan suffering steep drops in volume while Jeep and Jaguar made big gains. Registrations dropped to 1.15 million cars in the EU and EFTA markets, data from industry association
New-vehicle sales in China fell sharply in February by 13% to 1,482,000 units, according to newly-released wholesale data from CAAM (the China Association of Automobile Manufacturers). This follows an 18% drop in January, bringing the cumulative