Polish watchdog UOKiK fines Volkswagen over emissions scandal

uokik poland

Poland’s consumer watchdog UOKiK stated on Wednesday that it was fining Volkswagen over 120 million zlotys ($31.6 million) for misleading consumers about the emissions of its vehicles. The fine, the biggest ever given by the regulator for breach of consumer rights, is the newest chapter in the emissions cheating scandal that has cost the German […]

PSA names two former Renault, Nissan officials to head DS and Citroen

PSA group logo

French automaker PSA on Wednesday hired two executives it recruited just now from the Renault-Nissan-Mitsubishi alliance to head up its DS and Citroen brands and added them to its global executive committee. PSA stated Beatrice Foucher, presently deputy DS chief executive and an ex-Renault manager would take the place of Yves Bonnefont as DS CEO. […]

Renault, Nissan confirms alliance not headed for break-up

Renault-Nissan logo

Shares in Renault made recovery of some lost ground on Tuesday following the confirmation made by French automaker and its Japanese partner Nissan Motor, that they reject the media reports regarding their alliance being in danger of dissolution. Increasing concerns about the state of the 20-year old French-Japanese alliance, forged by former chairman Carlos Ghosn, […]

Mercedes-Benz to build smart brand cars with Geely

Geely automobile holding

Mercedes-Benz is set to build smart-branded electric cars with Zhejiang Geely Holding Group in Xian, China from a base with a yearly capacity of around 150,000 vehicles, a senior official from its German parent Daimler AG stated on Saturday. Daimler’s Executive Vice President in China Leng Yan informed Reuters on the sidelines of China’s EV100 […]

French lawyer of Ghosn says Japan failed to arrange a fair trial

Carlos Ghosn Renault-Nissan

Former Nissan chairman Carlos Ghosn’s lawyer on Friday informed the Japanese government that the officials had failed to arrange for a fair trial that respected universal rights. Francois Zimeray, French lawyer for Ghosn, stated that it had been for prosecutors of Japan to prove the Ghosn’s guilt, not for Ghosn to prove his innocence. “It […]

Geely, Mercedes-Benz launch $780 million JV for electric cars

Geely automobile holding

Zhejiang Geely Holding Group and Mercedes-Benz on Wednesday stated they would each spend 2.7 billion yuan ($388.77 million) in a China-based venture to construct “premium and intelligent electrified” vehicles under the smart brand. The 50:50 venture has gained regulatory approval and will be based in the Chinese coastal city in Ningbo, the Chinese and German […]

Renault-Nissan should have merged with Fiat Chrysler, says Carlos Ghosn

Carlos Ghosn in Lebanon

Carlos Ghosn, the former chairman of the Renault-Nissan alliance, on Wednesday, discussed the failure of the automakers to merge with Fiat Chrysler, which has since combined with Peugeot. Speaking publicly for the first since fleeing from Japan at the end of the last year, Ghosn informed reporters in Beirut, Lebanon’s capital, that he had been […]