Renault is progressing joint ventures with China's Geely car business after apparently easing its association with Nissan, of Japan. The new partnership is commencing production of models in Brazil but its unclear if any versions will be exported. A survey of over 3,600 Decathlon shoppers found that EV drivers were more likely to do cardio-intensive sports … [Read more...]
Cupra enters Formula E
CUPRA starts a new chapter in Formula E by joining forces with Kiro Race Co. The new CUPRA KIRO team will fight for the podium in the world’s most prestigious e-racing competition. The unconventional challenger brand will bring its racing DNA to the new team, led by Dan Ticktum and David Beckmann, reinforcing CUPRA’s commitment to support the young talent … [Read more...]
Trade lines 15 June
BCA reports average used car values rose to record levels across the board in May. Fleet and lease and part-exchange cars were in demand, with values at record levels for the second month running and early-new values also improved during the month. The Western European passenger car market witnessed a highly accelerated growth result in May, with a … [Read more...]