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Daimler, Renault-Nissan announce alliance
Wed, 07 Apr 2010Daimler and Renault-Nissan unveiled the details of an international alliance on Wednesday in a landmark collaboration designed to fortify the three historic automakers by sharing technology and reducing costs around the world. AutoWeek first broke news of the deal last week. Renault-Nissan and Daimler will work together on several specific projects, including small cars, engines and commercial vehicles.
Volvo Concept Coupe stars at the 2013 Frankfurt Motor Show
Wed, 11 Sep 2013Over the past few months, Volvo has been taking the fight to the German manufacturers, with its 'bored of German techno' advertising campaign. But the Swedish firm has just taken things to the next level by unveiling the stunning new Concept Coupe. Right here.
Car sales plunge, Bank of England cuts rates
Thu, 06 Nov 2008New car sales plunge in October: Renault sales were down by more than half By Nigel Wonnacott Motor Industry 06 November 2008 12:30 Following the sixth monthly decline in new car sales this year (down 23% this month), economists have revised market forecasts downwards, while the Bank of England has cut interest rates by 1.5%. October’s 23% drop was the worst so far and trade body SMMT now fears sales could end the year at just 2.15 million cars. That’s 8% lower than the 2.34 million predicted to leave showrooms back in January and would be the worst market performance in more than a decade.