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 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 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.
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.
Even auto industry darling BMW has to obey the laws of physics: a rear-wheel-drive car that is compact yet roomy is a paradox. So for traditional fans of the luxury brand, the 2-series Active Tourer minivan is nothing less than a heresy on wheels — the first modern-era BMW-badged car where power from a transversely mounted engine is applied to the front axle.
