Luca Ciferri Associate Publisher and Editor of Automotive News Europe [email protected] +39 01 1969 1970 See All Staff Page Recent Stories Why Renault isn't ready to switch to agency sales Renault Group CEO Luca de Meo said the risk of holding hundreds of millions of euros in inventory outweighs potential gains from lower distribution costs and better control of pricing. BMW adds EV to 7 Series flagship range, keeps diesel BMW expects China and U.S. to be the biggest markets for the luxury sedan while Europe will account for less than 10 percent of 7 Series sales. BMW makes second dedicated M model a plug-in hybrid The XM, a rebodied BMW X7 large SUV, has 644 hp of power and an electric-only range of more than 80 km. Why Renault expects the Mobilize Duo quadricycle to succeed Renault executives say the market for electric quadricycles has matured since the Twizy was launched in 2012. They expect demand for the Duo to surpass production capacity of 17,000 at its factory in Morocco. Toyota Europe CEO sees growth in 2023, but inflation concerns leave targets open Profits suffered from Toyota's exit from Russia, but the automaker expects to benefit from the launches of the second-generation C-HR and second full-electric bZ model. Alfa Romeo, DS, Lancia dealers get more time to switch to agency sales Stellantis has revised the timeline of its switch to an agency distribution model, a move that will give brands and dealers more time to adapt to the change. Lancia unveils new logo, design language ahead of relaunch Classic Lancias such as the Aurelia and the Stratos lent inspiration to the "Pu+Ra," or pure and radical, design theme. The Stellantis brand's first new models are due in 2024. Hyundai asks Giugiaro to recreate iconic Pony Coupe concept The now-lost 1974 Pony Coupe concept was a key influence on the South Korean brand's design. Renault gives van unit more independence, new electric model The unit will have its own profit and loss statement by 2024, as well as a new modular electric model called FlexEVan. BMW takes opposite course than rivals with i7 The electric sedan shares its platform, body style with rest of the 7-Series family, while rivals from Mercedes and Porsche have separate underpinnings and looks than sibling models. Renault plans new models, possible U.S. expansion for Alpine Building on name recognition from Formula One, Alpine could be the first real opportunity for Renault Group to reach wealthier customers, CEO Luca de Meo says. 9 things to know about Renault's new strategy Renault CEO Luca De Meo has laid out a sweeping reorganization plan to prepare the automaker for future automotive trends. Renault's de Meo doubtful on price parity for EVs and combustion vehicles Luca de Meo believes that despite cost savings through better battery chemistry and improved electronics, EVs will remain more expensive than combustion cars due to high raw material costs. Toyota will close its Russian plant; may sell it Toyota's St Petersburg plant, which builds the Camry and RAV4, has not been producing cars since March following Russia's invasion of Ukraine. Stellantis seeks to boost Fiat New 500 output amid chips crunch Production of Europe’s top-selling mass-market EV is held back by shortages of parts. Load More
Luca Ciferri Associate Publisher and Editor of Automotive News Europe [email protected] +39 01 1969 1970 See All Staff Page