-
Recent Posts
- China September 2024 Light Vehicle Sales Conflicting
- Ford Motor Recalls a Transit Recall for Wheel Lockup
- Toyota Motor, Joby Aviation Meet at Toyota’s Technical Center
- Asahi Kasei and Honda to Make Lithium-ion Battery Separators
- Subaru of America Posts Modest Sales Increase for October
- Oh Canada – Magna Q3 Sales Off but Net Earnings Up
- Honda Racing to Sell Parts to Honda and Acura Consumers
- IIHS – Latest 2024 Top Safety Pick Laggards
- For The Record – Corvette ZR1 Hits 233 MPH
- Software Defined Vehicles – NTT, Toyota Motor Link Together
- Valero Refining Company Fined $82 Million in California
- Stellantis Q3 2024 – Shipments and Revenues Plunge
- One Payment – VW Maintenance, Insurance, Road Calls
- Volvo Cars Joins Tesla Supercharger Network in North America
- Penske Automotive Group Q3 2024 Net Income Drops
Recent Comments
- Toyota on new discounts on U.S. Vehicles Sales Drop as Consumers Wait for Discounts
- Ford Recalls Transit Vans for Steering Loss | AutoInformed on Ford EVs and Quality Damage First Half Net Income and EPS
- Asahi Kasei and Honda to Make Lithium-ion Battery Separators | AutoInformed on Lightweighting Avant-Garde – GM, BMW, Asahi Kasei, Mazda, Sika Automotive
- Oh Canada – Magna Q3 Sales Off but Net Earnings Up | AutoInformed on Magna Results Reflect Turmoil in OE EV Programs
- For The Record – Corvette ZR1 Hits 233 MPH | AutoInformed on Retro-Vette? 2025 Chevy Corvette Split-Window ZR1 Coupe
Archives
Meta
Tag Archives: france
Renault Shifts Most of New €5.7 billion Investment out of European Plants. Promises No Job Losses in France
Renault SA (RNO.FR) said this morning that it is adjusting its industrial base and putting €5.7 billion ($7.9 b) investment into plants by 2013, largely in emerging markets. The French automaker was quick to add that France would remain the … Continue reading
Stellantis Holds Media Drive for Chinese Leapmotor EVs
The first European Media Drive is now taking place in Milan for the C10 and T03 models of the Leapmotor brand, a Chinese company in the technology field which has the highest growth in the New Energy Vehicle (NEV) sector.* The event, held in Milan and Lake Maggiore, marks the official debut of Leapmotor International in Europe. In a controversial move in October of 2023 Stellantis took 51% of a joint venture with Leapmotor that gives it exclusive rights to build, export and sell Leapmotor EVs outside China.**
“Stellantis will invest more than €50 billion during the next 10 years in the field of electrification and will do everything it can to reach the targets set out in its Dare Forward 2030 strategic plan, including the achievement of a 100% sales mix of BEV vehicles in Europe by 2030 and 50% of BEV passenger cars and light commercial vehicles in the United States. To reach these sales goals, the company is ensuring around 400 GWh of battery capacity with the support of six battery factories in North America and Europe. Stellantis aims to become a zero carbon-emissions company across all sectors by 2038, with a percentage offsetting for an amount of the remaining emissions,” the company formed by the merger of FCA and PSA said today. Continue reading →