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Tag : Pan-European and Global News

London-based Eterniti Motors receive sales boost for luxury Artemis

6 years ago / 0 comments

The London-based company took five orders at the show, four for standard-specification cars, which are priced in Sterling at £210,000 plus taxes and one for a … Read More »

Ford to triple production output of EcoBoost equipped vehicles by 2015

6 years ago / 0 comments

Ford will produce more than 1.3m low-CO2 EcoBoost engines to go into European vehicles over the period 2012-2015: more than 800,000 of which are expected to … Read More »

Kia's European and Korean sales surge as general markets decline over Q1

6 years ago / 0 comments

With 635,000 vehicles sold across the world – an increase of 12.4% over 2011 – the company recorded revenues of 11.8 trillion Korean Won (£6.5bn), up … Read More »

BMW Group reports best February sales month on record

7 years ago / 0 comments

Ian Robertson, Member of the Board of Management of BMW AG, Sales and Marketing, commented: 'February was another record month for the BMW Group and we … Read More »

Renault-Nissan alliance record 10.3% global sales increase on 2010

7 years ago / 0 comments

Sales rose for the third consecutive year. Renault sold 2,722,062 units worldwide, up 3.6% from 2010, whereas Nissan sold 4,669,981 units, up 14.4%.  As a result, … Read More »

Alphabet International shakes-up management after ING Car Lease acquisition

7 years ago / 0 comments

From now on, the company will be led by two CEOs, Norbert van den Eijnden and Ed Frederiks. This division is in line with German regulations … Read More »

Nissan continue record-setting sales figures in Europe with strong November

7 years ago / 0 comments

Last month in Europe Nissan achieved 59,681 unit sales. This is more than 8,000 up on November 2010 and takes calendar year-to-date sales above 637,500 units … Read More »

Masternaut bolsters pan-European executive management team with new hires

7 years ago / 0 comments

The senior hires, who, together bring more than 80 years of senior management experience within the high-tech and telematics arenas, mark an important period in Masternaut’s … Read More »

Sixt reports strong 2011 performance, but warns on 2012

7 years ago / 0 comments

Sixt has profited from ongoing demand in the Vehicle Rental Business Unit, good progress in its international expansion, and a revival of business in the Leasing … Read More »

Czech ambassador shows support for Skoda Superb

7 years ago / 0 comments

The Superb hatchback will wear the diplomatic number plate CZE 1 and the red, white and blue national flag of the Czech Republic. The car will … Read More »

Online remarketing channels opening up ex-fleet stock for vendors around the globe – Autorola

7 years ago / 0 comments

Demand for used right hand drive cars abroad is growing and there are estimates that markets such as New Zealand could purchase two to three thousand … Read More »

TomTom to provide Vauxhall / Opel with semi-integrated navigation

7 years ago / 0 comments

TomTom Connect is neatly integrated in the vehicle and provides a great navigation experience; offering LIVE Services, including TomTom HD Traffic and dynamic routing. It gives … Read More »

Ford chooses NAVTEQ as sole-supplier of maps for SYNC MyFord Touch GPS

7 years ago / 0 comments

MyFord Touch featuring NAVTEQ map data is scheduled to launch on multiple 2013 Ford and Lincoln vehicles in North America early next year, with expanded features … Read More »

Seven major manufacturers collaborate in effort to standardise International EV charging

7 years ago / 0 comments

The system is a combined charging approach integrating all charging scenarios into one vehicle inlet/charging connector and uses identical ways for the vehicle to communicate with … Read More »

Bosch's Singapore EV charging network progresses into "Operational Phase"

7 years ago / 0 comments

After almost three months, around a dozen charge spots are now in operation across the city state. Further charge spots are now being added, and by … Read More »

European Commission take action to deploy eCall by 2015

7 years ago / 0 comments

The Commission has adopted a recommendation urging member states to ensure that mobile phone network operators upgrade their infrastructure so that eCalls are efficiently passed on … Read More »

Mazda embarks on local assembly in Vietnam

7 years ago / 0 comments

The Mazda2 1 will be produced at a newly-constructed assembly plant owned by Vina Mazda Automobile Manufacturing in the Nui Thanh district of Quang Nam province … Read More »

GM to partner LG for ongoing EV research and development

7 years ago / 0 comments

The definitive agreement signed on August 24 will help GM expand the number and types of electric vehicles it makes and sells by using LG’s proven … Read More »

San Francisco Gets First EV Rental Programme

7 years ago / 0 comments

The programme will make the Chevrolet Volt, Nissan LEAF and smart fortwo electric drive available at the San Francisco Airport Marriott Waterfront Hotel and Hertz’s Mason … Read More »

H1 profits soar 51% at LeasePlan

7 years ago / 0 comments

The firm has announced net profits of €136m for H1 2011, up from €90m in the same period last year. The increase in profit includes one-off … Read More »

Portugal take steps towards implementing EV charge network

7 years ago / 0 comments

As part of the Portuguese program to promote electromobility, Siemens Portugal concluded a framework agreement for delivery of up to 300 charging points. A binding order … Read More »

GM awards production contract to EV battery provider, A123 Systems

7 years ago / 0 comments

GM has been testing A123 batteries for several years, and today GM disclosed that it has awarded a production contract to A123 that calls for GM … Read More »

Deutsche Leasing discovers Miles of benefits from Sofico software system

7 years ago / 0 comments

The asset finance provider took the decision to outsource its system in 2006 when impending changes to the German tax laws meant that its existing system … Read More »

Production starts on facelifted Axela / Mazda3

7 years ago / 0 comments

This model combines the newly developed 2.0-litre SKYACTIV-G 2.0 direct injection gasoline engine with the SKYACTIV-DRIVE six-speed automatic transmission to improve fuel consumption and performance. Japanese … Read More »

Disappointing July new car sales lead JD Power Automotive Forecasting to drop 2011 forecast

7 years ago / 0 comments

In its latest West European Car Sales report, the firm highlighted the latest running rate of 11.7 million units/year – the lowest since July 2010. A … Read More »

VW Group reports surge in profits

7 years ago / 0 comments

The Volkswagen Passenger Cars brand sold 2.2 million vehicles (1.9 million) – an increase of 13.7% compared with H1 2010, with operating profit climbing to €2.1bn(€1.bn). … Read More »

Japanese quake hits Nissan profits

7 years ago / 0 comments

For the first six months of the year, the carmaker reported net profit of 85 billion yen (€20m) down 20% from 106.7bn yen a year earlier, … Read More »

BMW finds US charging point partner

7 years ago / 0 comments

Drivers will also be given access to 24/7 support and the ChargePoint mobile phone applications, including a map of charging points, availability in real-time, reservations, charging … Read More »

IASB and FASB to re-expose leasing proposals

7 years ago / 0 comments

The new standard is being introduced following concerns that the existing approach fails to reflect the assets and liabilities companies may have under operating leases and … Read More »

Daimler AG launches $50m financial services unit in India

7 years ago / 0 comments

Named Daimler Financial Services India Pvt Ltd, the firm will be headquartered in Chennai and will operate as a 100% subsidiary of Daimler AG. The launch … Read More »