Business

Nissan May Back FCA-Renault Merger After Equity Sale

June 10, 2019 at 11:28 AM

Nissan would support a proposed merger between Renault and Fiat Chrysler Automobiles if Renault sharply reduces its 43% ownership in the Japanese carmaker, according to Reuters.

FCA Partners with Aurora on Self-Driving Commercial Vehicles

June 10, 2019 at 1:57 AM

Fiat Chrysler Automobiles NV has partnered with California startup Aurora Innovation Inc. to create and market self-driving commercial vehicles.

Renault to Block Nissan Governance Reforms

June 10, 2019 at 12:58 AM

Renault SA says it will block planned management reforms at alliance partner Nissan Motor Co. unless it can retain its clout with the Japanese carmaker, the Financial Times reports.

Rostec to Sell Stake in AvtoVAZ to Renault

June 07, 2019 at 1:53 PM

State-controlled Russian conglomerate Rostec says it will reduce its stake in carmaker OAO AvtoVAZ to 25% by selling 10 billion rubles ($154 million) worth of its holding to Renault SA.

UPDATE: End of the Line for Ford Fusion in 2021

June 06, 2019 at 2:26 PM

Ford Motor Co. says production of its midsize Fusion sedan in North America will continue through at least into 2021 and not end in 2020 as a spokesman said yesterday.

Toyota, Subaru Partner on EV Platform, Electric SUV

June 06, 2019 at 10:30 AM

Toyota Motor Corp. and Subaru Corp. have agreed to jointly develop a chassis for midsize and large electric vehicles and a midsize electric SUV that each will market under its own brand.

UPDATE: FCA Withdraws Renault Merger Offer

June 05, 2019 at 10:06 PM

Fiat Chrysler Automobiles NV confirms it has withdrawn its offer to merge with Renault SA, citing an unfavorable political climate in France.

BMW, JLR Team Up on EV Parts

June 05, 2019 at 11:21 AM

BMW AG and Jaguar Land Rover Ltd. have agreed to jointly develop electric motors, power electronics and other components for electrified vehicles.

Renault Board to Meet Again on FCA Merger Bid

June 04, 2019 at 3:46 PM

Renault SA’s board of directors says it will continue late tomorrow afternoon to review a merger bid from Fiat Chrysler Automobiles NV.

Nissan Vows “Fundamental Review” if Renault, FCA Merge

June 03, 2019 at 1:25 PM

Nissan CEO Hiroto Saikawa says the company will conduct a “fundamental review” of its relationship with Renault if the French carmaker mergers with Fiat Chrysler Automobiles.

Sweden’s NEVS Buys Protean Electric

June 03, 2019 at 12:00 PM

National Electric Vehicle Sweden AB has acquired Protean Electric Inc., a Troy, Mich.-based company that produces in-wheel electric drive motors.

U.S. Manufacturing Index Drops to 10-Year Low

June 03, 2019 at 11:06 AM

A closely followed indicator of the U.S. manufacturing sector has skidded to a 10-year low as new orders shrink for the first time since the global financial crisis a decade ago.