[ad_1] Investors, suppliers and employees alike will be breathing a sigh of relief today after Renault and Nissan announced they had agreed a new basis for their Alliance that stretches back to 1999 but had looked increasingly rocky in recent months. Nissan chafed that Renault’s stake in it stood at 43% while it only owned 15% of Renault. That smouldering imbalance …
[ad_1] The Mazda MX-5 “will never die” but the Japanese company has yet to commit to the technical make-up of the next-generation version. Mazda’s CEO in Europe, Martijn ten Brink, said the current car, first launched in 2015, will continue to be updated and is under no threat of being taken off sale from emissions or other legislation. “How do …
[ad_1] British EV start-up Arrival will slash its headcount by half – 800 staff – in its latest round of cost-cutting measures. Most of the redundancies will be made in the UK and Georgia (the US), reported the Financial Times. Through this and other spending cuts, Arrival expects to halve its cash operating costs to around $30 million (£24.2m). It has …
[ad_1] Toyota sold 10,483,024 vehicles in 2022 as it defied a global production slump, maintaining its place as the world’s best-selling manufacturer. The Japanese firm sold 9,566,961 Toyota and Lexus models, 766,091 Daihatsu microcars and 149,972 Hino trucks. This was a slight (0.1%) reduction compared with 2021 levels and the first year-on-year decrease recorded by Toyota in two years. Nonetheless, it was sufficient for …
[ad_1] Transport for London (TfL) has today announced the introduction of a scrappage scheme wherein each applicant could receive up to £5000 to scrap or retrofit their vehicle to meet ULEZ emissions standards. The £110m scheme comes ahead of the planned August expansion of the Ultra Low Emission Zone to include all 32 London boroughs. It aims to support Londoners on certain low-income …
[ad_1] The Jeep Avenger’s crowning as the 2023 Car of the Year must count as one of the industry’s most unlikely success stories. Back in the autumn when it was revealed, the Avenger, designed, engineered and built in Europe, was billed as the Jeep that showed the famous US 4×4 brand was finally taking Europe seriously, and ready to make …
[ad_1] The Renault Group will significantly reduce its stake in Nissan as part of a historic reshaping of the two firms’ Alliance. Key to the new terms of the Alliance is equity of control over the other firm: each will retain a 15% shareholding in the other, with voting rights capped in kind. Renault, which holds a 43% stake in Nissan, …
[ad_1] “First class has now shifted to the front row,” Audi said, as control of the car is now no longer expressly the preserve of the ‘driver’. The front seats are, thus, designed for maximum comfort, with the ability to fold back by up to 60deg, although the expansive interior allows for a near-equally lavish set-up in the rear, where …
[ad_1] Tested 28.6.89 Seven years after the Starion coupé’s launch, Mitsubishi took the unusual step of replacing its 2.0-litre turbo with an engine pinched from a 4×4. The updated Starion’s engine was derived from the Mitsubishi Shogun’s 2.6-litre powerplant and used an iron block and a single-cam alloy head with three valves per cylinder. A 24bhp drop compared with the …
[ad_1] Beauty, they say, is in the eye of the beholder, which might have been writ large in Porsche HQ when it first launched the Cayenne to an incredulous world in 2002. It was Porsche’s first SUV and naturally, being a Porsche, it was expensive, it was ritzy, it was glitzy, it had pretty powerful engines and it was less …
