By Alan Ohnsman
Tesla, the youngest U.S. carmaker, halted production at its sole assembly plant for the first time for a revamp the company said is necessary to speed Model S output and prepare it to make electric crossovers.
Daily Archives: July 22, 2014
Renault to focus more on India, Iran
Renault is changing its international structure to help drive sales growth in India and the Middle East, particularly Iran. Starting in September the Middle East India region will be separated from Renault’s Asia Pacific region.
Renault said in a statement that this “will help strengthen operational management and enable dedicated teams to focus on a smaller number of short- and medium-term goals.”
Opel will discontinue weak-selling Ampera
Opel will discontinue the Ampera, the slow-selling rebadged version of the Volt made by General Motors sister brand Chevrolet, after the redesign of the 2016 Volt, according to two people familiar with the company’s plans.
Russia’s Severstal sells U.S. steel plants to AK Steel, Steel Dynamics
Russia’s Severstal said it agreed to sell its two U.S. steel plants for $2.3 billion, withdrawing from the U.S. market at a time of rising tension between Russia and the West and turning its focus to its domestic business.
Opel Vauxhall to woo budget clients with low-end cars
by Edward Taylor
Opel plans to build a range of entry-level cars to recapture the type of budget customer who in the past bought its Chevrolet brand, a person familiar with the matter said on Monday.
