PARIS (Reuters) -Renault unveiled a more ambitious strategy for electric vehicles (EVs) on Wednesday, betting on new, affordable versions of its iconic small cars of the past to catch up with Volkswagen in the fast-growing sector. | Video
PARIS, June 30 Renault said on
Wednesday that electric vehicles would account for up to 90% of
the French carmaker's models by 2030, amping up its ambitions in
a fast-growing sector where Volkswagen has stolen a
march on its rivals.
PARIS The Renault-Nissan-Mitsubishi alliance is set to scrap a role overseeing ties with Daimler in favour of individual relations with the German group, three sources told Reuters, as they try to better manage a partnership that has not met initial hopes.
PARIS French carmaker Renault said on Tuesday that a French court had charged the company with deception over a diesel emissions probe launched in 2017, focused on some of its older vehicles and suspected test manipulations.
PARIS/SEOUL (Reuters) -Hyundai Motor Group will slash the number of combustion engine models in its line-up to free up resources to invest in electric vehicles (EVs), two people close to the South Korean automaker told Reuters. | Video
PARIS/SEOUL, May 27 Hyundai Motor Group will
slash the number of combustion engine models in its line-up to
free up resources to invest in electric vehicles (EVs), two
people close to the South Korean automaker told Reuters.
MILAN (Reuters) -Carmaker Stellantis will completely restructure its European dealers network as it seeks to adapt to changes in the industry brought by electrification, including a boom in online sales, and achieve promised post-merger synergies.
FRANKFURT Volkswagen has softened its stance on tough new European carbon dioxide emissions targets for automakers, betting it can absorb more stringent cuts than its rivals, sources familiar with the matter told Reuters. | Video
MILAN (Reuters) -Higher prices and robust consumer demand will help Stellantis deliver a strong performance this year, despite a worsening global shortage of semiconductor chips this quarter, the world's fourth-biggest carmaker said on Wednesday. | Video