General Motors’ Opel/Vauxhall unit will launch a budget minicar in Europe next year to win customers of GM’s Chevrolet brand.
GM is focusing its resources on expanding Opel after Chevrolet failed to make headway in Europe. The company will stop selling Chevrolets in Europe at the end of next year.
Ray Hagar, Reno Gazette-Journal
Nevada’s Legislature resolved some issues, but disagreed on others as it convened Wednesday to decide whether to endorse a $1.25 billion deal to bring Tesla Motors’ battery “Gigafactory” to a site outside Reno.As a result, lawmakers broke for the evening without having voted on bills related to Tesla’s $4-billion to $5-billion factory, which would create up to 6,500 jobs.
BMW said sales of its core brand increased 6 percent in August to 126,152, boosted by strong demand in China and the United States.
Honda will revive the HR-V name for its new subcompact SUV when it goes on sale in Europe in the middle of next year.
Like the original HR-V SUV sold in the region until 2006, the new car will target a younger audience than those buying the brand’s CR-V compact SUV. “It is an opportunity for Honda to seek out new conquest customers across Europe,” a Honda spokesperson told Automotive News Europe.
Ferrari will build more cars than previously planned after Sergio Marchionne, CEO of parent Fiat Chrysler Automobiles, takes the top job at the supercar maker next month.
