EV startup EVeium to open 100 plus showrooms pan India by 2023 end

EVeium, manufacturer of high-speed electric two-wheelers, has announced aggressive plans to open 100-plus showrooms pan India by the end of the year 2023.

Tata Motors Electric Mobility acquires Ford India’s Sanand plant

Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors Ltd, and Ford India Private Limited (FIPL), have signed a Unit Transfer Agreement (UTA) for the acquisition of FIPL’s manufacturing plant...

Ellysium Automotives launches EVeium EV two-wheeler brand in India

Ellysium Automotives, the auto arm of United Arab Emirates based group company META4 Group, has announced the launch of its EV two-wheeler brand in India – EVeium.

Tata Motors signs MoU for potential acquisition of Ford India Sanand plant

Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors Ltd, and Ford India Private Limited (FIPL), have signed a Memorandum of Understanding (MOU) with the Government of Gujarat (GoG) for the ...

Maruti Suzuki Board appoints Hisashi Takeuchi as MD & CEO

The Board of Directors of Maruti Suzuki India Limited, in its meeting held on March 24, 2022, appointed Hisashi Takeuchi as the Managing Director and Chief Executive Officer of the company with effect from April 1, ...

Valeo’s 2nd gen LiDAR in new Mercedes-Benz S-Class with level 3 automation

France based Valeo has announced that the new Mercedes-Benz S-Class, capable of reaching Level 3 automation, is the first car in the world to be equipped with its LiDAR, the second-generation Valeo Scala.

 Tata Motors to raise $1 billion in passenger EV business from TPG Rise Climate

Tata Motors Ltd (TML) and TPG Rise Climate have entered into a binding agreement whereby TPG Rise Climate along with its co-investor ADQ, shall invest in a subsidiary of Tata Motors that will be newly incorporated. ...

Motherson company acquires 60pc stake in China joint venture for auto mirrors

Samvardhana Motherson Automotive Systems Group BV (SMRPBV) has acquired a majority stake in Nanchang JMCG Mekra Lang Vehicle Mirror Co., Ltd by Ningbo SMR Huaxiang Automotive Mirrors Ltd. (SMR NBHX); which is a 50:5...

Pierer Group, Bajaj Auto sign contracts to simplify shareholding structure

As announced on July 26, 2021, the Bajaj Group and the Austrian Pierer Group have simplified the shareholding structure in the operating KTM AG. Bajaj Auto Ltd. and its subsidiary Bajaj Auto International Holdings B...

Bajaj Auto to gain post simplified equity structure in Pierer Mobility

Bajaj Auto’s clout in the global motorcycle market, both in the conventional IC engine space as well as the electric two wheeler space, will increase considerably once the proposed simplified equity structure in the...

Hindustan Motors, Hind Motor Railway Station and the iconic Ambassador

Can you recall any Indian automobile manufacturer that has a railway station named after it? Yes, the iconic Hindustan Motors Ltd. (HML) has one named after it and it goes by the name of “Hind Motor” railway station...

Goodyear to acquire Cooper Tire & Rubber Co in US $ 2.5 billion deal

Tyre majors Goodyear Tire & Rubber Company and Cooper Tire & Rubber Company announced that they have entered a definitive transaction agreement under which Goodyear will acquire Cooper in a transaction with a total ...

ICAT event stresses on new tyre technologies, including airless tyres

Various kinds of modern technologies as well as policies relating to tyres were discussed threadbare at the 4th edition of International Symposium on Automotive Tyre Technology organised by the International Centre ...

FADA registration data reveals 11pc YOY growth in Dec 2020

The Federation of Automobile Dealers Associations (FADA) released the monthly vehicle registration data for the month of December 2020. The December registrations for the first time in FY20-21 witnessed positive gro...

Daimler, Infosys tie up for technology-driven IT infrastructure transformation

Daimler AG and Infosys of India have announced a long-term strategic partnership for a technology-driven IT infrastructure transformation.

Peugeot, Fiat Chrysler reveal logo of Stellantis

Peugeot S.A. ("Groupe PSA") and Fiat Chrysler Automobiles N.V. ("FCA") have revealed the logo of Stellantis, the new group that will result from their 50:50 merger.

BorgWarner completes acquisition of Delphi Technologies

BorgWarner Inc has announced it has completed its acquisition of Delphi Technologies. The combination of BorgWarner and Delphi Technologies is expected to strengthen BorgWarner’s electronics and power electronics pr...

STELLANTIS is the new group name post merger of FCA, Groupe PSA

As both Fiat Chrysler Automobiles N.V. and Peugeot S.A. ("Groupe PSA") move towards the completion of their 50:50 merger as defined in the Combination Agreement announced on December 18, 2019, the two companies have...

Tata Motors, Bridgestone, Hyundai, Okinawa, Nissan, JK Tyre reopen plants

In this latest round of resumption of plant operations and other activities, Indian auto companies in the news include Tata Motors, Honda Cars India, Bridgestone India, Toyota Kirloskar Motor, Hero MotoCorp, Hyundai...

COVID-19 PANDEMIC: Indian auto industry puts best foot forward

In spite of the fact that the Indian auto industry will be incurring a loss of approximately Rs 50,000 crore in turnover for the 21-day plant shutdown as a result of the countrywide lockdown due to the ongoing coron...

M&M, Maruti Suzuki, Krishna Maruti, Bharat Seats gear up to make ventilators, masks

Unmindful of the huge losses that the auto industry is incurring because plant shutdowns as a result of the country-wide lockdown in the midst of coronavirus or covid-19 fears, several auto companies and auto compon...

Tata Motors spins off PV, EV businesses into new subsidiary

Tata Motors Ltd (TML) has spun off its passenger vehicles (PV) as well as its electrical vehicle (EV) business into a separate subsidiary. The TML Board has approved a plan to make the company’s PV as well as EV bus...

Warburg Pincus to invest $150 million in Apollo Tyres

The Board of Directors of Apollo Tyres Ltd has approved an issuance of compulsorily convertible preference shares in the company worth Rs 1080 crore million (approximately US$150 million) to an affiliate of Warburg ...

Great Wall Motor expands to Thailand, coinciding with India debut

Post its India debut, Great Wall Motor (GWM) is expanding its global footprint by signing an agreement for the purchase of General Motors’ manufacturing facility in Rayong, Thailand. This announcement is subject to ...

CBI books former Maruti MD Jagdish Khattar in Rs 110cr PNB loan fraud

The Central Bureau of Investigation (CBI) has booked former Maruti Udyog (now Maruti Suzuki) Managing Director and founder of Carnation Auto (the company was recently sold to Mahindra First Choice Services) Jagdish ...

Groupe PSA, FCA to merge into Euros 170 billion auto behemoth

Barely five months after rejecting French auto major Groupe Renault as its bed partner, Fiat Chrysler Automobiles (FCA) has hopped back into the bed with another French automobile major – Groupe Peugeot S.A. Accordi...

Ford hands over control to Mahindra in India through new joint venture

Ford India will be transferring its Indian operations, including its personnel and assembly plants in Chennai in Tamil Nadu and Sanand in Gujarat, as well as the Global Business Services unit, Ford Credit and Ford S...

STMicroelectronics releases AIS2DW12 accelerometer for PKE fobs

Europe’s leading semiconductor manufacturer, STMicroelectronics has released the AIS2DW12 automotive accelerometer which makes Passive Keyless Entry (PKE) radio fobs tough enough to survive the inevitable drops and ...

Guardians to be jailed, fined for offences by juveniles driving vehicles

Very soon, traffic violations will invite huge penalties for motorists in India as the Motor Vehicles (Amendment) Bill, 2019 was passed by Rajya Sabha.

Full-hybrid vehicle with 48-volt high-power technology from Continental

For years now, technology company Continental has been backing environmentally friendly and cost-effective 48-volt electrification, which can be used with both gasoline and diesel engines. In the run-up to IAA 2019,...

Mahindra & Mahindra invests Rs 1000 crore + to ready BS VI engines

The good news is that Mahindra & Mahindra is ready with its BS VI engines across its entire diesel and gasoline portfolio. The entire transition will be costing the company upwards of Rs 1000 crore. With its portf...

Anand Group announces tri-party joint venture with Joyson Safety Systems

Anand Group, a leading manufacturer of automotive components in India, further consolidated its presence in the Indian automotive safety systems vertical. It announced the formation of a Tri-Party Joint Venture to m...

FCA submits proposal for merger with Groupe Renault

Fiat Chrysler Automobiles N.V. has delivered a non-binding letter to the Board of Groupe Renault proposing a combination of their respective businesses as a 50/50 merger. Groupe Renault has confirmed receipt of a pr...

Volkswagen Group to merge all passenger car entities in India

The Volkswagen Group has announced its intent to merge its three Indian subsidiaries: Volkswagen India Private Ltd (VWIPL), Volkswagen Group Sales India Private Ltd (NSC) and Skoda Auto India Private Ltd (SAIPL). Th...

Meyle-PD brake pads with technically advanced friction pad compound

Generally speaking, the sportier the pad is, the more likely it is to squeak. With the "next generation" Meyle-PD brake pads, the Hamburg-based (Germany) manufacturer is now going one step further and reducing the n...

Icat releases certification with high security features

International Centre for Automotive Technology (ICAT) has launched a new ICAT certification with high security features. This is a first of its kind initiative taken by any automotive certification agency in India f...

CNG infrastructure development will lead to massive cut in oil bills

Developing India’s CNG infrastructure could help achieve 50pc natural gas vehicles penetration by 2030 leading to crude oil import savings of Rs 11 lakh crore.

Gurpratap is now MD of Skoda and Volkswagen in India

As part of the ‘India 2.0’ project, the Volkswagen Group plans to sustainably strengthen its position in the Indian market. The Volkswagen Group in India is restructuring its management as a result of which Gurprata...

Continental, TU Darmstadt develop machine-learning advanced driver assistance system

In the fourth stage of the Proreta research project, technology company Continental and TU Darmstadt have developed a machine-learning vehicle system designed to support drivers in urban traffic and have installed i...

Uno Minda acquires German software company iSYS RTS GmbH

Minda Industries Limited, flagship company of Uno Minda Group has announced acquisition of Germany based iSYS RTS GmbH, a leading developer of embedded systems and software to global vehicle manufacturers. The agree...

BMW, Great Wall Motor sign JV agreement for MINI electric vehicles in China

The BMW Group and Chinese manufacturer Great Wall Motor have signed an agreement to produce MINI electric vehicles through a new 50:50 joint venture based in China. During an event for autonomous and connected drivi...

Audi and Hyundai plan to develop fuel cell technology

Audi AG and Hyundai Motor Group are driving the development of fuel cell technology. The two companies plan to cross-license patents and grant access to non-competitive components. The agreement is currently subject...

ICAT inaugurates new modern automotive test facilities

The International Centre for Automotive Technology ICAT) based in Manesar on the outskirts of Delhi inaugurated several new modern test facilities for vehicles on May 29, 2018. These were installed as a part of the...

Continental, Osram sign joint venture contract for lighting

Technology companies Continental and Osram have successfully concluded their negotiations on the Osram Continental GmbH joint venture. The joint venture, in which each of the partners has a 50 percent stake, aims to...

Motherson acquires Reydel Automotive Group for USD 201 million

Motherson Sumi Systems Limited (MSSL), the flagship company of the Samvardhana Motherson Group (SMG), through its step down subsidiary Samvardhana Motherson Automotive Systems Group B.V. (SMRP BV), has announced th...

BMW launches technical skilling initiative SKILL NEXT>>

BMW Group Plant Chennai celebrated its 11th anniversary by inviting legendary cricketer Sachin Tendulkar and students from the College of Engineering of Anna University and launching ‘SKILL NEXT»’, a technical skill...

European eCall now standardising vehicle connectivity

More than 20 years after the first vehicles with advanced telematics systems rolled off the production line, connectivity will now be standard in every vehicle with a new type approval as of April 2018 in Europe. Fr...

Sunjay Kapur controlled Sona Group unveils new logo

A year after disposing of the Sona Group’s entire equity holding of around 25.12 per cent in its then flagship company Sono Koyo Steering Systems for around Rs 419 crore to its Japanese partner JTEKT Corp., the refr...

In surprise move, N Raja is appointed Chairman, Lexus India

Barely a few days after Toyota Kirloskar announcing that N Raja has been promoted as the Deputy Managing Director [subject to board approval] covering Sales & Service functional areas, comes the announcement that h...

Continental to acquire 5 percent stake in HERE Technologies

Technology company Continental has signed a definitive agreement to acquire a 5 percent indirect ownership stake in HERE Technologies, a global leader in mapping and location services. The share will be sold by HERE...

N Raja is Deputy Managing Director of Toyota Kirloskar Motor

Toyota Kirloskar has announced the promotion of Mr. N Raja as the Deputy Managing Director [subject to board approval] covering Sales & Service functional areas. Raja has been with Toyota Kirloskar Motor for the la...

German Mirror Lubricants & Greases launches premium range of lubricants

German Mirror Lubricants & Greases, a leading global manufacturer of premium quality lubricants and greases have launched ‘Mirr Oils’ - range of lubricants catering to needs of automotive, marine and industrial appl...

Continental, Osram JV for intelligent lighting solutions in automotive sector

Technology companies Continental and Osram have announced their intention to establish a joint venture. The idea is to combine innovative lighting technology with electronics and software to develop, manufacture and...

MG Motor takes over GM India’s Halol facility; To invest upwards of Rs 2,000 crore

The erstwhile car manufacturing plant of General Motors India in Halol, Gujarat was taken over by MG Motor, a UK based company. The Halol facility will now be the manufacturing plant for MG Motor. The company announ...

Govt increases cess on luxury  cars to 25% under new GST regime

The Union Cabinet chaired by Prime Minister Narendra Modi cleared an ordinance to increase the cess on mid-size, large cars, luxury cars and SUVs from current 15% to 25% under the new GST regime. The cabinet gave it...

Ather Energy gearing up for production of smart e-scooter S340

Bengaluru based Ather Energy has announced that India’s first truly smart, electric scooter, the S340 will begin mass production in the coming months at its new factory in Whitefield Bengaluru. The company kick-star...

Cyrus Mistry praised; Tata Nano a loss making project, admits Tatas

The slugfest between the ousted Chairman of Tata Sons Cyrus Mistry and the Tata Group is appearing to go in favour of Mistry, with the latest developments vindicating him on several stands.

India Kawasaki Motor plays good sport with 13 customers

Thirteen is believed to be an unlucky number. Now this could be a myth. But there were definitely 13 disgruntled customers who had almost given up hope on the Kawaski motorcycles they had booked at a dealership in N...

Punjab is first state to implement automated driver license test tracks

In an age defined by technology, India is also slowly yet surely progressing towards modernisation of its systems and governance. Punjab has been a witness to such a wave of progress after the state implemented the ...

 Volkswagen gets nod for modifying models with 1.2-litre EA189 TDI engine

As part of the ongoing exercises being undertaken to rectify the software glitches that Volkswagen had knowingly done to their diesel car engines, the Federal Motor Transport Authority (KBA) in Germany has approved ...

Cabinet approves Motor Vehicle (Amendment) Bill 2016

The important provisions include increase in compensation for Hit & Run cases from Rs. 25000 to Rs. 2 lakhs. It also has provision for payment of compensation upto Rs 10 lakh in road accidents fatalities.

Prelim approval of 2.0L TDI Volkswagen settlement plan in US

Volkswagen AG announced that Judge Charles R. Breyer of the United States District Court for the Northern District of California has granted preliminary approval of the settlement agreement reached on June 28 with p...

Volkswagen settlement worth over $ 15 b in US over diesel emission mess

German car maker Volkswagen will be forking out more than $ 10 billion in a proposed settlement programme in the US in a bid to contain the mess created by a major diesel emissions related scam that rocked the compa...

Suzuki fuel mileage scandal sees Osamu Suzuki stepping down

Taking responsibility for the improper road tests that Suzuki Motor Corporation (SMC) had conducted that led to discrepancies in the fuel mileage of Suzuki vehicles, the Board of Directors of SMC resolved in a meeti...

HMSI inks retail finance MoU with IndusInd Bank.

Providing further stimulus to its domestic growth, Honda Motorcycle & Scooter India Pvt. Ltd. has signed a Memorandum of Understanding with IndusInd Bank, offering retail finance to its customers at an attractive ra...

Nissan-Mitsubishi alliance: Win-Win for both, Nissan wins twice, says Ghosn

Nissan Motor’s move to acquire a 34 pc equity stake in Mitsubishi Motors Corporation (MMC) will lead to a lot of advantages for Nissan as well MMC, besides reducing costs of development and introducing many more veh...

Nissan takes 34pc equity stake in Mitsubishi Motors for 237 Billion Yen

Nissan Motor Co., Ltd. and Mitsubishi Motors Corporation, (MMC) have announced that they have signed a Basic Agreement to form a far-reaching strategic alliance between the two Japanese automakers. Following an MMC ...

New iCAT test facilities inaugurated at Manesar

The International Centre for Automotive Technology (iCAT) hosted the inauguration of its new state of the art and modern test facilities installed as a part of the National Automotive Testing and R & D Infrastructur...

Interview with Rajesh Philip, Executive Director, Madhus Garage Equipments Pvt Ltd

This time we are bringing in the latest Hunter Revolution tyre changer which was launched in the US last year and is one of its kind. This tyre changer is fully automatic. This is what we are displaying here and it ...

GEM forays into electric 2-wheeler market at E.V. Expo 2015

Goenka Electric Motor Vehicles Pvt. Ltd (GEM) a leading player in e-rickshaws, has forayed into the 2-wheeler market. The company launched environment friendly electronic motor bike e-storm and e-champ at the EV Exp...

Indian Govt agency ARAI to issue notice to Volkswagen

On the one hand while Volkswagen is facing tremendous pressure coupled with major embarrassment on the global front because of the software fudging leading to tinkering with diesel engine emissions in their cars, on...

Another 800,000 VW cars involved in diesel emission irregularities

With regards to the latest notice issued by the United States Environmental Protection Agency (EPA) for violation of the Clean Air Act (CAA) to Volkswagen AG, Audi AG and Volkswagen Group of America, Inc., the Volks...

Volkswagen: Das Auto Scam

It’s the biggest scam to hit the global auto industry. No recall of a car, anywhere in the world, has ever had such a distasteful flavour of deceit and intrigue. Germany based Volkswagen has some of the best brands ...

VW scam will lead to enormous financial damages, says Muller of VW Group

Admitting that the recent emissions scam committed by the Volkswagen Group will lead to enormous financial damage which “it is still not possible to quantify as of today”, the new CEO of Volkswagen Aktiengesellschaf...

BMW Financial Services invests Rs 110 crore additional in India

The BMW Group has increased its investment in BMW Financial Services India to Rs 640 crore(€ 98 million) in 2015 from Rs 530 crore (€ 80 million) in 2012. BMW Group launched BMW Financial Services India on October 5...

JK Tyre acquires Haridwar tyre unit of Kesoram Industries for Rs 2200 crore

JK Tyre & Industries has finally confirmed that it is buying Cavendish Industries Ltd (CIL) tyre unit of Kesoram Industries. In a press release, the company stated that JK Tyre & Industries Limited (JK Tyre) and JK...

BHARAT FORGE LTD: Forging a Make in India Global Plan

For the Rs 7,625 crore Kalyani group controlled by Baba Kalyani, ‘Make in India” has been a way of life. For long, this group which has business interests in the fields of automotive, energy, rail, marine, aerospace...

Only Rs 30,000 for your ten-year old diesel car? Nah!!!

Your ten your old diesel vehicle, whether it is a BMW, Audi, Mercedes-Benz or a Maruti Suzuki or Hyundai car, could fetch you a financial incentive of maybe up to Rs 30,000 in case you are staying in the National Ca...

SPECIAL REPORT ON INDIAN TYRE INDUSTRY: An Un-Tyre-ing Journey

The Rs 50,000 crore Indian tyre industry today has a few reasons to smile and a few reasons to frown. On the one hand, after a lull in the industry while the demand for tyres in 2015-16 is seeing a growth coupled wi...

Hero MotoCorp subsidiary to acquire Erik Buell Racing's assets

The wholly owned subsidiaries of HMCL --- HMCL NA, Inc. and HMCL Americas, Inc.----as per a “Settlement Agreement,” have agreed that HMCL Americas Inc. will acquire the ownership of certain tangible and intangible a...

South India Special Part 3: Andhra Pradesh

Andhra Pradesh is the eighth largest state in India and besides having abundant natural resources and mineral wealth, it boasts of the second longest coastline in the country. The State has thirteen districts. With ...

Continental replaces wing and interior mirrors with camera monitor system

Camera technologies are increasingly finding their way into a very wide range of vehicle classes. For the first time the international automotive supplier Continental used a prototype vehicle to demonstrate how a ca...

Finally, the government gives a Green Push to electric vehicles

The government has formally launched a scheme that provides direct subsidies to the consumer for buying such vehicles ranging from Rs 1800 to Rs 29,000 for two wheelers and Rs 13,000 to Rs 1.38 lakh for cars. A c...

Interview with Pawan Sharma, Vice President, Domestic Sales Elofic Industries Ltd

Interview with Pawan Sharma, Vice President, Domestic Sales Elofic Industries Ltd

Union Budget reactions from the Indian auto industry

Finance Minister Arun Jaitley presented the General Budget for the year 2015-16 in Lok Sabha on February 28, 2015.

Bosch Chairman connects lives with humour and meaning at CIS 2015

Dr. Werner Struth, Chairman, Robert Bosch LLC and Member of the Board of Management, Robert Bosch GmbH combined these attributes at the International Consumer Electronics Show (CES) 2015 in Las Vegas, Nevada (USA) t...

Fiat Chrysler Automobiles to spin off Ferrari

Ferrari S.p.A., makers of the iconic Ferrari cars, is being spun off as a separate company by Fiat Chrysler Automobiles (FCA) and will in all probability be listed in the United States as well as a European stock ex...

Interview with Shekhar Chakravarti, Managing Director, Conveyor & Ropeway Services Pvt Ltd

The concept is unique, because non linear Ropeway travelling over existing road routes in urban cities, would be the first in the world, and therefore, could be called revolutionary, as it would constitute a 2nd tie...

Panasonic and Uno Minda  JV for batteries

Panasonic Corporation of Japan and Minda Industries Ltd. (Uno Minda group) have agreed to establish a joint venture company to develop, manufacture and sell lead acid storage batteries in India. According to a com...

Delphi to acquire Antaya Technologies in US

Delphi Automotive has signed a definitive agreement to acquire Antaya Technologies Corp, a leading provider of proprietary on-glass connectors. With this acquisition, Delphi will be enhancing its portfolio in the ra...

Gadkari’s Road Transport Bill is revolutionary

The proposals in the Road Transport and Safety Bill 2014 are revolutionary in every sense. It has envisaged setting up a Motor Vehicle Regulation & Road Safety Authority of India. The bill has mooted a unified Driv...

Shell next gen motor oil to power Indian cars

Shell Lubricants, global market leader in finished lubricants, has announced the launch of next generation motor oil in India by the name of Shell Helix Ultra with Shell PurePlus Technology. In a press release, the ...

Toyota FCV programme on fast track

Toyota has gained a government-approved status in Japan to build and inspect high-pressute hydrogen tanks, thus reaching an important production staging post in its programme to launch its first fuel cell vehicle. ...

Interview with Ashish Gupta, Founder & Director, Cougar Motorsport

My dream is to convert this into an annual 4X4 convention. And on the sidelines of the convention we are doing the RFC. This is a great beginning in this direction.

Technico enters into JV with Shiroki Corpn

Shiroki Corporation of Japan and Technico India Pvt Ltd have formed a new joint venture company Shiroki Technico India Private Limited. Shiroki will have a 51pc stake in the new JV while Technico will have the remai...

Llistosella of DICV gets global responsibilities

Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Daimler India Commercial Vehicles Pvt. Ltd. (DICV), have made important personnel changes in their Board of Management, according to a press release. Since Augus...

Maruti seeks minority shareholder view on Gujarat

Though not required by law, the Board of Directors of Maruti Suzuki India Limited (MSIL) in a meeting held on March 15, 2014 has decided to seek minority shareholders’ approval as stipulated in Section 188 of the Co...

Interview with Aditya Arora, Chief Operating Officer, Base Corporation Ltd

. Our product is a low involvement grudge product. There is hardly an involvement when it comes to purchase of a battery and the grudge is because you are forced into buying a battery whether you like it or not. ...

Trade policy tweaked to benefit motor racing

Keeping in mind the increasing number of motor racing events (Formula One, JK Racing, MRF Racing, VW Polo Racing) being held in India, the Indian government has finally modified its trade policy that will facilitate...

Renault inks new JV with Dongfeng in China

Carlos Ghosn, Chairman and Chief Executive Officer of Renault, and Xu Ping, Chairman of Dongfeng Mot




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