Renault Group unveils future plans: 24 new models by 2025, electric-only Alpine to replace Renault Sport | CarAdvice
French automotive giant announces new-model onslaught, all-electric future for Alpine and expanded Dacia and Lada brands. Renault has taken the wraps off ‘Renaulution‘, its plan to “restore Groupe Renault’s competitiveness”, consolidate its product portfolio and boost profit worldwide. Whereas Renault‘s existing product roadmap saw it chase volumes and outright sales, Continue Reading
Peugeot Group is technically buying out Fiat-Chrysler, according to Stellantis agreement fine print | CarAdvice
A spokesperson for the Fiat-Chrysler Group assured CarAdvice the merger is being conducted on equal terms, despite the contract suggesting otherwise. Peugeot Group is technically buying out the Fiat-Chrysler Group – not merging with it, as was previously reported – according to fine print analysis of the Stellantis agreement. Stellantis Continue Reading
Volkswagen Group launches ‘Mission T’ to take on Tesla | CarAdvice
The conglomerate is planning an electric assault, lead by Audi. The CEO of the Volkswagen Group has announced the company’s plans to launch an electric assault known as ‘Mission T’ in an effort to “catch up” with its key rival, Tesla. In a LinkedIn post titled How we transform Volkswagen, Continue Reading
Jaguar Land Rover is seeking to block Volkswagen Group SUVs in the US | CarAdvice
JLR claims cars from VW, Porsche, Audi and Lamborghini feature its off-road technology without permission. Jaguar Land Rover has filed a lawsuit to block certain SUVs from the Volkswagen Group from being imported into the United States, alleging the VW Group has used its patented all-terrain technology without permission. The Continue Reading
Volkswagen Group developing ‘Landjet’ electric flagship for Audi, Bentley and Porsche – report | CarAdvice
Flagship 2024 electric car to offer seven seats in a sedan body, reports Handelsblatt. The Volkswagen Group is developing a new flagship electric vehicle for three of its premium brands, according to a report from German newspaper Handelsblatt. Codenamed ‘Landjet’, development of the top-rung electric car is reportedly being led Continue Reading
Holden closure: ‘Weak’ franchise laws could see other brands leave Australia, dealer group warns | CarAdvice
The shutdown of Holden in Australia has prompted warnings other brands could easily do the same, potentially leaving customers high and dry. With Holden only five weeks away from closing its doors in Australia – and after 31 months in a row of new-car sales decline – a Senate Inquiry Continue Reading
Volkswagen Group may be eyeing sale of Lamborghini and Bugatti brands – report | CarAdvice
Facing ever-stricter emissions laws, Volkswagen Group is evaluating whether its supercar brands are viable in an electric future. As Volkswagen Group transitions towards an electric car future, executives at the car company may be considering selling Lamborghini and Bugatti, according to a report from news outlet Reuters. The unnamed sources Continue Reading
Rimac to acquire Bugatti marque from Volkswagen Group – report | CarAdvice
In a shock move, Volkswagen looks to jettison the jewel in its crown of prestigious high-performance brands. The Volkswagen Group could be set to offload the Bugatti marque to Rimac, according to reports out of Europe. As reported by Car Magazine, the prestigious French performance brand – which Volkswagen purchased Continue Reading
Fiat-Chrysler Group and Peugeot Group to amend terms of Stellantis merger agreement | CarAdvice
The high-profile merger brings together 14 distinct manufacturers, and will ultimately establish the world’s fourth largest car company. The Fiat-Chrysler Group and Peugeot Group have agreed to amend terms of the Stellantis merger agreement, in order to address the liquidity impact of the COVID-19 pandemic. The Fiat-Chrysler special shareholder dividend Continue Reading
Holden Special Vehicles, Walkinshaw Automotive Group appoint new boss as GMSV ramps up | CarAdvice
One of HSV’s longest serving managing directors, Tim Jackson, has stepped down as the company pivots to remanufacturing Chevrolet vehicles for GMSV and broadens its engineering business. Holden Special Vehicles and the Walkinshaw Automotive Group have appointed a new boss, Joel Stoddart, as the company prepares to broaden its engineering Continue Reading