With very little attention, BMW has unveiled the M235i Track Edition in the Netherlands, limited to just 12 units.
Tesla Idles California Plant to Retool for Electric SUVs
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.
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.
