Renault, Nissan clear calendar for potential deal, report says

Renault, Nissan clear calendar for potential deal, report says

Renault and Nissan have readied strategies to announce a possible deal on a restructured alliance as early as subsequent month in London with the two automakers however negotiating phrases, 3 individuals with know-how of the talks told Reuters. Renault Chairman Jean-Dominique Senard claimed on Tuesday he was “confident” the French automaker and Nissan would be

Stellantis evaluating dealers for chargers, EV sales needs

Stellantis evaluating dealers for chargers, EV sales needs

DETROIT — Stellantis is working to ease dealerships into its bold electric powered car or truck rollout, but it has no strategies to specify the greenback amounts they’re going to have to have to devote as General Motors and Ford Motor Co. have accomplished. The automaker has partnered with Long run Energy, a firm that

How Tesla is planning to revamp the Model 3

How Tesla is planning to revamp the Model 3

Tesla Inc. is producing a revamped variation of Product 3, in accordance to four people with knowledge of the effort and hard work, as the major EV maker aims to lower production charges and strengthen the attraction of the 5-year-outdated electric powered sedan. 1 aim of the redesign codenamed “Highland” is to lower the selection

The UK car industry’s prospects go from bad to worse

The UK car industry’s prospects go from bad to worse

Prime Minister Rishi Sunak has less room to expend to aid what is still left of the UK’s automobile producing base. Chancellor of the Exchequer Jeremy Hunt last week unveiled a £55 billion ($66.7 billion) established of tax hikes and expending cuts that a free of charge sector feel tank referred to as a “recipe

Toyota looks for ways to turn buyers back into leasers

Toyota looks for ways to turn buyers back into leasers

Obtaining individuals buyers again into the dealership on a thing shut to a typical leasing cycle “is a thing we have bought to create, since traditionally we have experienced 30 {a78e43caf781a4748142ac77894e52b42fd2247cba0219deedaee5032d61bfc9} of our portfolio just automatically coming back.” Leasing has matured into an vital software for the automobile market. It not only drives new-auto revenue,

Kia, JLR, Volvo car dealerships trade hands in four states

Kia, JLR, Volvo car dealerships trade hands in four states

McGovern Automotive proceeds progress McGovern Automotive Team, which has been an lively dealership buyer in 2022, ongoing its acquisition generate with the buy of three outlets in two transactions. McGovern Automotive, of Newton, Mass., on Oct. 20 bought Capital Volvo Autos of Albany in Colonie, N.Y., and Jaguar-Land Rover Albany from Eric Kahn. The retailers

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