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Hyundai to guarantee trade-in values
Wed, 20 Apr 2011Starting May 1, Hyundai Motor Co. will guarantee the future trade-in value of its new vehicles. When a consumer buys a new vehicle from a Hyundai dealership, the company will guarantee what the trade-in value of that vehicle will be after the second full year of ownership through the fourth year.
Daimler, Renault-Nissan in talks on fuel cell
Tue, 19 Apr 2011German automaker Daimler AG is talking to partners Renault SA and Nissan Motor Co. about working together on fuel cell technology, the German automaker's head of research and development told Reuters in an interview. "Fuel cell technology is also electric so it could make a lot of sense to join forces also in this field," Thomas Weber, board member for r&d at the maker of Mercedes-Benz and Smart cars, said at the Shanghai auto show.
Renault inaugurates Global Design Studio in Mumbai
Fri, 26 Sep 2008On Wednesday this week Renault inaugurated their global design studio in Mumbai, India. The Renault Design India Studio is the sixth edition to Renault's international network of satellite design centres following those in Barcelona, Paris, Kihueng (Korea), Sao Paolo and Bucharest (Romania) and is the third to be inaugurated this year. Speaking at the inauguration, Patrick le Quement, Senior Vice President Design of Renault, said: "We started Renault Design India as an observational unit.