UK competition regulator fines 10 carmakers and trade bodies over collusion in green advertising and recycling disclosures The UK’s competition watchdog has fined major carmakers and two trade bodies over £77m for colluding on green advertising. A whistle-blower tip from Mercedes-Benz exposed years of consortium activity that limited consumer choice. Ilkhan Ozsevim
Chinese automaker GAC plans European EV production to counter 45% EU tariffs, aiming for half a million overseas sales by 2030, with first electric SUV launch set for mid-2025 Facing the imposition of tariffs on Chinese-made EVs, GAC, one of China’s largest carmakers, is considering European manufacturing to preserve market access. Its electric SUV Aion V will be showcased at the Paris Auto Show, with sales expected by 2025. Ilkhan Ozsevim
Nissan launches its new Arc business plan In line with other vehicle makers, Nissan is adapting its production strategy to rebalance its ICE and electric vehicle output and address rising costs and market fragmentation Nick Holt
Renault-Nissan-Mitsubishi alliance embarks on a new era of collaboration for enhanced agility with strong regionalisation focus The alliance shifts to regional focus for enhanced agility challenging assumptions about global autmomotive markets Ilkhan Ozsevim
Renault and Geely sign joint venture agreement to launch powertrain technology company Renault and Geely have signed a 50-50% joint venture agreement to form a new company, to develop and produce next-generation hybrid and highly efficient ICE powertrain solutions Nick Holt
Renault-Nissan-Mitsubishi Alliance rebalances partnership Revised partnership will see high-value-creation operational projects in Latin America, India and Europe including further platform sharing AMS
Mitsubishi masterplan In its new regional strategies for 2020, the Renault-Nissan-Mitsubishi Alliance announced that it wants Mitsubishi to spearhead activities in South-East Asia Ian Henry
Building on framework Michael Nash and The Freightliner Custom Chassis plant in Gaffney, South Carolina, houses a diverse assembly mix, and has recently taken on a new project
