February 20, 2020

Renault risks 'junk' credit rating, S&P warns

PARIS — French automaker Renault could see its main long-term credit rating cut to below investment grade by Standard and Poor's, the agency said Wednesday, just days after Moody's lowered its own rating to 'junk' status.

The moves come as Renault is struggling"...

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February 18, 2020

General Motors axes Aussie car brand Holden

SYDNEY — General Motors announced on Monday it would scrap struggling Australian car brand Holden, with engineering, design and sales operations to be wound down in the coming months.

The more than 150-year-old company created Australia's first local mass-produced"...

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February 11, 2020

Volvo Cars and Chinese owner Geely plan to merge

STOCKHOLM — Sweden's Volvo Cars and its Chinese owner Geely said Monday they are considering merging into a single group to better share technology and financial resources while preserving their separate brands.

The merged firm 'would have the scale, knowledge"...

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February 6, 2020

Renault Trucks signs historic agreement with the Carlsberg...

Renault Trucks believes that urban transport needs to move towards electric mobility quickly to improve quality of life in city centres and tackle global CO2 emissions.

Renault Trucks is taking a decisive step"...

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February 4, 2020

TomTom Traffic Index: Global traffic congestion up, but...

• Ninth edition of the annual TomTom Traffic Index provides detailed insights on live and historic road congestion levels in cities around the world

• 57% of countries included see increase in traffic congestion, while both Abu Dhabi (-1%) and Dubai (-2%) see decreases...

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February 3, 2020

Mack Trucks launches medium-duty trucks

Mack Trucks today launched the all-new Mack MD series of medium-duty trucks, adding to its already robust product lineup to reach new customers and applications. Serial production of the Mack MD Series will begin in July 2020. Mack also announced a $13 million investment to establish its"...

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