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Carlos Ghosn's automaker mantra: Go big or you'll go away

Size matters in auto company survival, Renault and Nissan CEO Carlos Ghosn told an audience in Detroit on Tuesday. To cope with the escalating costs and scope of a global industry, successful automakers must complete a trifecta--be able to compete in every technology, every market and every segment, Ghosn said during a luncheon speech at the Detroit Economic Club “No 3 million-unit carmaker can make it,” Ghosn said, explaining why his Renault-Nissan alliance forged an alliance with Germany's Daimler AG. Competency in one or two of the three skills is not enough, and only very large companies can afford all three, he said.

Peugeot EX1 EV takes on the Nurburgring & sets new electric car record

Peugeot EX1 EV Concept - a 'Ring-beater Peugeot has been busy celebrating its bi-centenary of late (as a company, not just a care maker) and a part of the celebrations of the anniversary was the creation of the Peugeot EX1 EV Concept we saw at the Paris Motor Show.. An EV Concept in this day and age would, you might reasonably expect, be a little less than exciting. Something to run around the centre of town in or a delivery vehicle for urban businesses, perhaps.

BMW goes front-wheel drive for the 2-series Active Tourer

BMW's long-held reputation for producing only rear- and four-wheel drive vehicles comes to an end with the the new 2-series Active Tourer, its first-ever front-wheel-drive production model. The cornerstone of BMW's Geneva show stand next month, the 2-series Active Tourer marks a significant turning point for the German automaker, adopting a transverse-mounted engine and standard FWD. It arrives here in early 2015.