Markets

Former Nissan CEO Carlos Ghosn slams executives for ‘playing a dirty game’

Embattled former Nissan-Renault-Mitsubishi executive Carlos Ghosn has released a video Tuesday citing “dirty games” played by Nissan executives after he was recently re-arrested. The former CEO was expected to give a press conference on April 11 but the automotive executive was arrested for the fourth time since November last week […]
Former Nissan CEO Carlos Ghosn slams executives for ‘playing a dirty game’
Markets

Europe’s steel tariff move tips over another domino in Trump’s trade war with China

The EU opted to make previously temporary steel tariffs permanent Wednesday matching US tariffs on imports. The move highlights that protectionism is spreading and Donald Trump’s trade war with China is entrenching itself into global economy. European automakers are “extremely disappointed” with the move restricting imports sending carmakers’ share prices […]
Europe’s steel tariff move tips over another domino in Trump’s trade war with China
News

The 31 coolest concept cars revealed in 2018

Concept cars allow auto companies to lay out their vision for the future. While the specs and features assigned to these vehicles may be far-fetched and somewhat arbitrary, their basic features can point toward where auto companies are spending their research and development money. Autonomy and electrification were two of […]
The 31 coolest concept cars revealed in 2018
Markets

Carlos Ghosn fired as Nissan chairman following arrest

Carlos Ghosn has been removed as chairman of Nissan. The executive was arrested in Tokyo on Monday and faces up to 10 years in prison if found guilty of financial misconduct. Ghosn is an auto-industry titan who headed up the major carmaking alliance consisting of Renault, Nissan, and Mitsubishi Motors. […]
Carlos Ghosn fired as Nissan chairman following arrest
Markets

This London fund made a $113 million short bet on Renault before it tanked 14%

Merian Investors placed a bet on Renault’s shares falling on October 30, according to regulatory filings. Renault’s shares dropped as much as 14% Monday after its CEO was arrested over financial misconduct allegations. London-based Merian Investors, formerly Old Mutual Global Investors, made a sizeable bearish bet on Renault before the […]
This London fund made a $113 million short bet on Renault before it tanked 14%
Lifestyle

Renault just unveiled a stunning self-driving electric concept car that’s a swanky luxury hotel on wheels

Renault unveiled the EZ-ULTIMO self-driving,electric car that combines connected-car technology with traditional French luxury. “Renault EZ-ULTIMO offers a unique luxurious experience aboard a robo-vehicle that can be adapted depending on the service provider,” said Laurens van den Acker, SVP Corporate Design. The concept is equipped with Level 4 autonomous-driving technology. […]
Renault just unveiled a stunning self-driving electric concept car that’s a swanky luxury hotel on wheels
US

This is the world’s most advanced self-driving car

This is the world’s most advanced self-driving car. The SYMBIOZ is a concept car by Renault. It embodies what they believe cars will be like in 2030. The concept car has achieved level 4 autonomy. This means the driver doesn’t need to pay attention to the road or touch the […]
This is the world’s most advanced self-driving car
Lifestyle

A New Deal Among Automakers Could Make Fuel Cell Electric Cars A Reality

[credit provider=”Ford Motor Company”] Ford, Daimler AG (which owns Mercedes-Benz and Smart), and Renault-Nissan announced a partnership yesterday to speed up the development of zero-emission fuel cell electric vehicles by sharing the costs of investment.Fuel cell electric vehicles (FCEVs) use electro-chemical reactions between hydrogen and oxygen to generate electricity, producing […]
A New Deal Among Automakers Could Make Fuel Cell Electric Cars A Reality
Strategy

The Next Generation Of Big Auto CEOs Is On The Horizon

[credit provider=”YouTube/lemanstv” url=”http://www.youtube.com/watch?v=L2mKdigF-XU”] The past few years have been difficult for the auto industry. The financial crisis, bailouts, and economic weakness have made those executives who have survived look all the more impressive.A few stand out in particular: GM CEO Dan Akerson, for taking an industry laggard and bailout recipient and […]
The Next Generation Of Big Auto CEOs Is On The Horizon
Lifestyle

European Car Sales Are About To Hit A 19-Year Low

[credit provider=”Uberto / Creative Commons” url=”http://www.flickr.com/photos/ubefoto/3468701303/sizes/l/in/photostream/”] Dec. 14 (Bloomberg) — European Union car sales fell to a 19-year low, with French companies PSA Peugeot Citroen and Renault SA and Italian competitor Fiat SpA posting the biggest drops, as a recession in countries using the euro hurt demand.Eleven-month registrations in the […]
European Car Sales Are About To Hit A 19-Year Low
Lifestyle

Renault Gave The Pope A customised Electric Car For Summer Cruising

[credit provider=”Renault”] Pope Benedict XVI is now the proud owner of an electric car. On Wednesday, French automaker Renault presented him with a customised version of its Kangoo Maxi Z.E.Powered by a 44kW electric motor, it has an opening roof, removable rear side windows, electrically folding door steps, and “particularly […]
Renault Gave The Pope A customised Electric Car For Summer Cruising
Lifestyle

3 Hot Rod Vans That Would Actually Be Cool To Own

[credit provider=”via YouTube” url=”http://www.youtube.com/watch?v=3Pc0-0kMa5g&feature=related”] When you hear the word van, typically visions of airport shuttles or school field trips pop into mind.However, there are some vans in the world that are just a little bit different.
3 Hot Rod Vans That Would Actually Be Cool To Own