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Renault Plans to Standardize Auto Parts


Following Nissan’s example, Renault adopts the cost-cutting measures standardizing more of its auto parts. Beginning next year Nissan will manufacture cars combining four modules in various ways for different models, which will help the automaker standardize more parts for each module, reducing costs for those mass-produced parts. Nissan hopes to reduce costs by 30% since nearly 80% of its auto parts ...
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Kim Dotcom’s Wife: Give me back my $202k Mercedes-Benz!
Kim Dotcom's wife Mona has applied to the courts for the return of her belongings seized when her husband Kim Dotcom was arrested on copyright charges, including a $202,000 G55 ...
Ally to keep U.S. auto lending: CEO
Detroit-based Ally Financial Inc., the nation's largest new-car lender, is "absolutely not" looking to sell its core U.S. auto lending business Ally executives said Tuesday, despite questions about the ultimate ...
Oil price lowest since December Over Eurozone Crisis, US supplies
The price of oil dropped to a six-month low amid concern about Europe's debt crisis. Benchmark West Texas Intermediate crude fell 80 cents to end the day at $93.98 per barrel ...
Chery and JLR Make JV to Build Plant in China
Chery asks government permission to form JV with Jaguar Land Rover in China, where it want to make an investment of 12.1 billion yuan ($1.9 billion). The new assembly plant is ...
“Red” Poling, Former Ford CEO, Dies at 86
Harold Arthur "Red" Poling, who was Ford’s CEO and chairman for 43 years, died Saturday, May 12th, at the age of 86. "Red Poling was an extraordinary leader who had a ...
Diesel Cars to Account for 10% of the U.S. Market by 2015
Bosch, the German parts supplier, declared that diesel cars in the U.S. will grow fast, reaching up to 10% of the overall market by 2015. Although Bosch had previously declared that ...
EU ETS Emissions Decreased in 2011
The European Union's Emissions Trading System declared carbon emission fell more than 2% last year. Although in 2011 carbon emission fell, the oversupply of pollution permits has reached 900 million, which ...
BYD Plans to Manufacture Electric Buses for Windsor, Canada
The Chinese automaker BID has signed an agreement to manufacture electric buses in Windsor, Canada. "We continue to be in a position to capitalize on these types of investments. The presence ...
Volvo Supplies Engines for Rosenbauer Airport Fire-Fighting Vehicles
Volvo will produce engines for Rosenbauer’s airport fire-fighting vehicles, strengthening Volvo’s cooperation with the company. Rosenbauer already manufactures its conventional fire trucks with chassis from Volvo Trucks. According to new deal ...



latest automotive news
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