Business

Renault’s Net Income Jumps 48%

Renault SA reports its revenue in 2015 rose 10% to €45.3 billion ($51.3 billion), and net income grew to nearly €3 billion ($3.3 billion) from €2 billion in 2014.

Tech

Could Alfa Romeo Return to F1 Racing?

Alfa Romeo, which dropped out of Formula One racing at the end of the 1985 season, should consider returning, opines Fiat Chrysler Automobiles CEO Sergio Marchionne.

Business

American Axle’s Earnings Surge

Surging demand for trucks and SUVs helped multiply four-quarter net earnings last year for American Axle & Manufacturing Holdings Inc. to $63 million from $13 million in 2014.

EV-Hybrid

Kia Targets 50 mpg for New Niro Hybrid

Kia Motor Corp.’s expects its new Niro hybrid crossover vehicle to earn a 50 mpg combined city/highway fuel efficiency rating from the Environmental Protection Agency when it hits the streets late this year.

Business

Renault’s Net Income Jumps 48%

Renault SA reports its revenue in 2015 rose 10% to €45.3 billion ($51.3 billion), and net income grew to nearly €3 billion ($3.3 billion) from €2 billion in 2014.