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Europe: Mitsubishi to source two Renault-Nissan models


The Japanese company and French-Japanese alliance jointly announced they plan to expand their existing NMKV joint-venture company to explore several new projects that would cover some shared products, technologies and manufacturing capacity. Besides the intention to co-develop a new small-segment car (it includes a global electric version) based on a future jointly-developed ‘Kei car' platform or the intention to share technology ...
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Fiat joint venture in Turkey to invest heavily to produce Bravo replacement
Fiat operates in Turkey through a joint venture with Tofas, which announced it’s aiming to invest $1 billion to secure the production of the upcoming lineup of compact models designed ...
Lexus aims to tap affluent eco-conscious clients in Europe
Created 25 years ago in the US, Lexus, the luxury arm of the world’s largest automaker is now following a new strategy to make its presence felt even more on ...
Volkswagen to introduce more than 20 electric cars in China
Volkswagen AG, the world’s second-largest automaker, has announced it aims to maintain competitiveness on the Chinese market – both its largest single market and the world’s biggest – by launching ...
Premium automakers undertake diet to fatten sales
It’s an antonym, don’t you think? But it’s true – just look at the latest launches in the industry and you’ll see that flagships are not the rage, and it’s ...
Tesla’s investors ready to rethink strategy
The California-based electric automaker ran a very successful initial public offering back in 2010 and investors have been passionate about Tesla’s stock, securing tree digit percentage rises more akin to ...
Audi’s A9 concept to bring new design language
The German premium automaker is surrounded by hype thanks to the approaching introduction of the A9 concept, set to debut during November at the Los Angeles Auto Show. Besides the fact ...
Chrysler design team keeps “Easter Egg” tradition
A few months ago we turned your attention towards the joyful practice of the Chrysler design teams – they offer customers the possibility to discover “Easter Eggs” hidden throughout their ...
Audi mulls plug-in hybrid model offensive
The Ingolstadt-based automaker is now getting ready to unleash an all-out offensive of plug-in hybrid models, positioning itself on the electrification “map”. While Toyota and its luxury subsidiary Lexus have been ...
Luxury automakers seek higher profit through standardization
This year’s Paris Motor Show saw premium brands such as Mercedes-Benz, Volvo and BMW trying to impose more standardized cars, all with a simplified list of options and services. The goal ...

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