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Lotus is officially under Geely guidance from now on

Lotus is officially under Geely guidance from now on

The Chinese automotive group – also owner of Volvo Cars and Britain’s LEVC – has wrapped up another high-profile acquisition, the $65 million transaction that includes a commanding stake in famous British sports car company Lotus. Geely is now the owner of a 51-percent stake, while Malaysia’s Etika Automotive keeps […]

Report – PSA might cut Opel engines

Report – PSA might cut Opel engines

The French automaker – who recently acquired Germany’s Opel and its British subsidiary Vauxhall – has come to the conclusion that its own assembly locations are more efficient than Opel’s. This is interesting – since the group, now the second largest automaker in Europe – should have it the other […]

Ford partners with Mahindra for the Indian market

Ford partners with Mahindra for the Indian market

The US automaker and the Indian company have recently announced the start of a business collaboration – targeting not only India, but other, adjacent, emerging markets. The Mahindra Group and Ford Motor Company have announced a prospective strategic alliance, aiming to mix Ford’s scale and global reach with Mahindra’s successful […]

2018 Nissan Leaf production in the US and UK, e-Plus model might come with 225 miles

2018 Nissan Leaf production in the US and UK, e-Plus model might come with 225 miles

The Japanese automaker isn’t wasting any second from presentation to production – with the second-generation Leaf already churning out the factory gates in Oppama, Japan. Unlike the Tesla Model 3, which featured a long hiatus since presentation to the actual production start, the all-new Leaf benefits from the production implementation […]