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Renault launches vehicle-to-grid charging pilot

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Renault launches vehicle-to-grid charging pilot

French manufacturer Renault has announced its first large-scale pilot into reversible electric charging, kicking off in the Netherlands and Portugal...

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Toyota and Suzuki announce model, drivetrain sharing agreement
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Toyota and Suzuki announce model, drivetrain sharing agreement

Toyota and Suzuki have agreed to share drivetrains and models in a wide-ranging partnership, which is primarily focussed on Europe, India and Africa. On a global level, Toyota will supply its hybrid technology to Suzuki, which to-date has sold vehicles only with petrol, diesel and mild hybrid drivetrains...


Peugeot family ready to back further acquisitions
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Peugeot family ready to back further acquisitions

The PSA Group, which currently owns the Peugeot, Citroen, DS, Opel and Vauxhall brands, is open to acquiring a few more marques for its portfolio, and it has the backing of one of its biggest shareholders. At the recent Geneva motor show, Carlos Tavares, CEO of the PSA Group, said he would "love to [have discussions] with people who are looking for deals"...


Ford confirms 5000 European job losses, UK cuts to follow
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Ford confirms 5000 European job losses, UK cuts to follow

Ford has confirmed it'll cut more than 5000 jobs in Germany and an as-yet undisclosed number in the United Kingdom, launching a voluntary redundancy program for employees. "Through these programmes and other initiatives, Ford of Germany expects to reduce its headcount in excess of 5000 jobs, including temporary staff," the company said in a statement...


BMW 3 Series Gran Turismo to be axed
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BMW 3 Series Gran Turismo to be axed

BMW has confirmed it will drop the 3 Series Gran Turismo as part of its upcoming cost-cutting efforts, following a 7.9 per cent drop in operating profits in 2018. In a press release, the company outlined its 'strategic course' to tackle 'challenging conditions', with key issues identified including political uncertainty, a cooling global economy, rising production costs, exchange rates and rising raw materials prices...


Volkswagen and former CEO sued by SEC over Dieselgate
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Volkswagen and former CEO sued by SEC over Dieselgate

The US Securities and Exchange Commission (SEC) have filed a civil complaint against Volkswagen and Martin Winterkorn, its former CEO, for their role in issuing bonds while the company was trying to conceal the fact it had been selling vehicles with diesel emissions many times above legal levels. According to the SEC: "From April 2014 to May 2015, Volkswagen issued more than US$13 billion ($18...


Premium new car sales tumbling, here's the data
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Premium new car sales tumbling, here's the data

It’s no secret the Australian new vehicle market is struggling, after enduring 11 successive months of negative growth compared to the corresponding month in the preceding year. With factors like a weak housing market pinned with much of the blame, it should be no surprise luxury car brands are battling more than the more popular brands at the cheaper end of the market...


Finance and falling house prices affecting new car sales - Mazda
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Finance and falling house prices affecting new car sales - Mazda

The new car market is likely to dive further this year, with tougher rules on financing and the falling price of houses in the majority of capital cities around Australia having a negative impact. That's according to Mazda Australia's boss, speaking with CarAdvice at the Geneva motor show. February saw the biggest market slowdown since the Global Financial Crisis in Australia...


FCAI slams NSW stamp duty proposal
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FCAI slams NSW stamp duty proposal

The Federal Chamber of Automotive Industries (FCAI) has slammed a proposal from the NSW state opposition to raise stamp duty on vehicles over $100k, describing it as a "tax on a tax". The NSW Labor party last week announced plans to make the state's stamp duty rate the nation's highest, to 7.0 per cent on vehicles prices above $100,000...


Opel returns healthy profit for 2018
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Opel returns healthy profit for 2018

Opel has returned a €859 million profit for 2018, ahead of the schedule laid out by PSA Group in a remarkable turnaround from decades of losses under General Motors. The profit, equivalent to around $1.376 billion, comes on the back of losses over the last five months of 2017. PSA Group bought the automaker from General Motors in August 2017...


Car sales hit the brakes in February 2019
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Car sales hit the brakes in February 2019

DEALERS are likely to be desperate to do a sharp price on a new car in March – traditionally the second-biggest month of the year for sales – after figures for February revealed the biggest market slowdown since the Global Financial Crisis. It is now 11 months in a row sales have fallen short of the same month the previous year — and even market leader Toyota has been hit hard...


SEC calls for Elon Musk to be held in contempt over tweet
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SEC calls for Elon Musk to be held in contempt over tweet

The US Securities and Exchange Commission (SEC) has reportedly asked a judge to hold outspoken Tesla CEO, Elon Musk, in contempt for violating his settlement with the agency with a tweet last week. Bloomberg reports that the tweet in question, made on February 19 (US time), violates the settlement Musk made with the SEC last year that required him to seek pre-approval from the company for social media posts and "other written communication that would be material to the company or investors"...


NSW opposition plans to slug car buyers with the highest stamp duty in Australia
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NSW opposition plans to slug car buyers with the highest stamp duty in Australia

NSW Labor leader Michael Daley plans to increase stamp duty to the highest rate in the nation – to 7 per cent on vehicles priced above $100,000. This would be in addition to the 33 per cent Luxury Car Tax and 10 per cent GST already levied on cars in this price range...


Electric vehicles: Federal 'plan about a plan' slammed by EV Council
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Electric vehicles: Federal 'plan about a plan' slammed by EV Council

Prime Minister Scott Morrison today unveiled a $2 billion pre-election climate change policy, but electric vehicle advocates are calling for more to be done in support of the burgeoning EV market. There's minimal mention of electric vehicles in the policy, which simply commits to developing a 'National Electric Vehicle Strategy' without any concrete promise what it might look like and when it might be done...


Ford investigating inaccurate fuel, emissions data
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Ford investigating inaccurate fuel, emissions data

Ford Motor Company could be in hot water regarding emissions and fuel consumption data, after the company's employees raised concerns incorrect figures were submitted to regulators and consumers. A new report by industry journal Automotive News Europe says the Blue Oval has recently hired external investigators to figure out whether its internal processes translated to inaccurate data...


Holden officially slams takeover talk but concedes it’s now a “challenger brand”
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Holden officially slams takeover talk but concedes it’s now a “challenger brand”

Holden boss Dave Buttner has officially dismissed talks of a takeover in the distribution of its cars – but in a shock move the former Number One has raised the white flag and admitted it is now a “challenger brand” in the wake of record low sales...


SAIC Motor takes over MG in New Zealand
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SAIC Motor takes over MG in New Zealand

SAIC Motor has announced it will be taking over the distribution of its MG subsidiary in New Zealand from British Motor Distributors. As part of the move, the company will introduce the MG3 automatic hatchback and ZS crossover to the New Zealand market later this year, joining the existing MG6 Plus, MG3 manual and GS SUV...


Ford closes factory in Brazil, exits heavy truck business
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Ford closes factory in Brazil, exits heavy truck business

Some time in 2019 Ford will close its São Bernardo do Campo factory located in the suburbs of Sao Paulo, and its oldest manufacturing facility in Brazil. The factory's closure will see the loss of an estimated 2700 manufacturing jobs, and the end of local production of the previous-generation Fiesta...


Honda Australia: 'No changes' for Civic Type R despite UK plant closure
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Honda Australia: 'No changes' for Civic Type R despite UK plant closure

Honda Australia has reaffirmed its commitment to the currently UK-sourced Civic Type R, despite its global parent announcing the factory that makes it will shut its doors in 2021. The Swindon plant is the only Honda facility that makes the Civic Type R (pictured) currently, though the company's local director, Stephen Collins, says the current model will see out its lifecycle and confirmed plans for a next-generation model after that...


Daimler and BMW mobility joint venture launch is imminent - report
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Daimler and BMW mobility joint venture launch is imminent - report

BMW and Daimler are set to announce their joint urban mobility venture this week, after being granted approval by the European Union in January. According to reports from Autocar the joint venture will be called Jurbey, replacing the companies' current Car2Go and DriveNow short-term rental services, which are spread across a number of different banners and applications...