Alliances

Lotus forms joint venture to build cars, engines in China

9:34 am U.S. ET | April 17, 2015

Lotus plans to build cars and engines in China in a joint venture, DRB-Hicom, the U.K. sports car maker's Malaysian parent company, said....
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Renault summons board in response to French stake hike, report says

April 15, 2015 22:09 CET

Renault will hold an emergency board meeting today in response to France's plans to tighten its grip on the carmaker and its alliance with Nissan, a source said. France is increasing its Renault holding to 19.7 percent from 15 percent....
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Smart transportation coalition forms to promote tech to lawmakers

5:45 pm U.S. ET | April 14, 2015

Trade groups representing automakers and tech giants like Google, Microsoft, Apple and Intel have formed a coalition to advocate for industry-friendly connected car and autonomous vehicle policies on Capitol Hill....
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Mercedes, Nissan expand cooperation to build midsize pickup

April 7, 2015 16:50 CET

Daimler said it will expand its cooperation with strategic partner Nissan to develop a midsize pickup truck for Mercedes. The pickup will be built by the Renault-Nissan alliance at its plants in Spain and Argentina....
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Ghosn says Nissan is not Mercedes' only pickup option

4:15 pm U.S. ET | April 2, 2015

Nissan CEO Carlos Ghosn says global partner Daimler AG has plenty of options for sourcing the Mercedes-Benz pickup it is planning to introduce by 2020. And they may or may not include a Nissan factory....
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Apple CEO sidesteps shareholder enthusiasm for a Tesla deal

5:04 pm U.S. ET | March 10, 2015

Apple CEO Tim Cook on Tuesday found himself facing shareholders eager for a marriage or deal with Tesla Motors....
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Renault-Nissan posts record 2014 sales but fails to gain ground on Ghosn's No. 3 goal

Feb. 10, 2015 11:02 CET

Renault-Nissan increased combined global vehicle sales by 2.5 percent to 8.47 million last year, but the alliance is no closer to CEO Carlos Ghosn's goal of becoming one of the world's top three automakers....
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Renault-Nissan Alliance shuffles purchasing team

3:04 pm U.S. ET | Dec. 12, 2014

The Renault-Nissan Alliance said today has shuffled its executive purchasing team, promoting Yasuhiro Yamauchi, 58, to executive vice president of the two companies' joint purchasing operation....
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Tesla, BMW in talks over batteries, light-weight parts, Musk says

11:32 am U.S. ET | Nov. 23, 2014

Tesla Motors is in talks with BMW over a possible alliance in battery technology and light-weight components, Tesla CEO Elon Musk told a German weekly magazine....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

How Renault is cutting costs through more synergies with Nissan

Nov. 10, 2014 06:15 CET

Thierry Bollore has the task of boosting synergies with alliance partner Nissan in his role as chief competitive officer and joint No. 2 at Renault. Bollore spoke about this challenge and other future plans with Automotive News Europe....
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Toyota sells some Tesla shares, cooperation still possible

5:53 pm U.S. ET | Oct. 23, 2014

Toyota said today it had sold some of its shares in Tesla Motors but that it would continue to study possible cooperation with the California electric car maker in the future....
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GABE NELSON

BLOG: Three factors in Daimler's $780M sale of Tesla stock

8:39 pm U.S. ET | Oct. 22, 2014

When Mercedes-Benz parent Daimler disclosed it had sold its 4 percent stake in Tesla Motors for a handsome $780 million, people naturally rushed for a simple explanation....
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Daimler earns $780 million windfall from sale of Tesla stake

Oct. 21, 2014 23:42 CET

Daimler said it would book a $780 million windfall from selling its 4 percent stake in electric car maker Tesla. The company said it will continue sourcing powertrain for the Mercedes B-Class Electric Drive from Tesla...
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Daimler sees $780 million windfall from sale of Tesla stake

5:18 pm U.S. ET | Oct. 21, 2014

Daimler AG said it will book a $780 million windfall from selling its 4 percent stake in rival electric car maker Tesla Motors....
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Daimler, Renault-Nissan extend manufacturing alliance

Oct. 3, 2014 12:11 CET

Daimler and Renault-Nissan are extending their alliance to include engines and transmissions. Renault will supply Daimler with a 1.6-liter diesel for the Mercedes C class. Mercedes will supply its 2.0-liter gasoline engine to Infiniti....
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PSA in engine supply talks as BMW, Ford end partnerships

Oct. 2, 2014 20:22 CET

PSA is talking to potential new clients for its engine as it foresees a surplus in supply after BMW and Ford stop using units jointly developed with the French carmaker....
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Fiat will source a midsize truck from Mitsubishi

Sept. 19, 2014 08:44 CET

Fiat Chrysler will source a pickup for Europe and Latin America from Mitsubishi starting in 2016. The automakers today signed an interim agreement to develop and manufacture a midsize truck based on the next Mitsubishi L200....
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Mahindra in alliance talks with PSA, Saab maker, report says

Sept. 8, 2014 10:52 CET

Indian automaker Mahindra & Mahindra is exploring alliance opportunities with PSA/Peugeot-Citroen and the maker of Saab cars, NEVS, according to a newspaper report....
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PSA denies partnership talks with India's Mahindra

Aug. 6, 2014 14:18 CET

PSA/Peugeot-Citroen denied an Indian newspaper report of partnership talks with India's Mahindra & Mahindra to share technology and production facilities....
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Daimler will raise its Aston Martin stake to 5% as it deepens ties with UK sports-car maker

Aug. 4, 2014 15:39 CET

Daimler will raise its stake in Aston Martin to 5% and supply the U.K. sports-car producer with electric and electronic parts to deepen an alliance that started last year....
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Daimler and Nissan approve joint Mexico production, report says

June 26, 2014 09:38 CET

Daimler and Nissan have finalized a joint venture deal to build future Mercedes and Infiniti compact cars in Mexico, sources said today as the automakers called a news conference to unveil the plans....
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Suzuki chairman not sure when court will rule on VW dispute

June 13, 2014 16:09 CET

Suzuki Chairman Osamu Suzuki said it was unclear when an international arbitration court will rule on its 2-1/2 year dispute with VW Group over their failed partnership....
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Renault and Caterham drop sports car venture

June 10, 2014 12:04 CET

Renault said it has scrapped plans to build a high-performance model for British specialist sports car brand Caterham and will pursue plans to launch its own Alpine model alone....
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Arbitration court to rule in VW-Suzuki dispute this year, report says

June 5, 2014 17:07 CET

Volkswagen and Suzuki are a step closer to resolving a dispute over their failed partnership after a court of arbitration wrapped up witness hearings, paving the way for a verdict by the end of the year, sources said....
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