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Daimler, Renault are set to share vehicle platforms and engines
Wed, 31 Mar 2010Following a year of intensive high-level talks and secretive, behind the scenes strategy meetings, Daimler AG and Renault SA have agreed on plans that will see their car-making divisions--Mercedes-Benz, Smart, Renault and Nissan--share resources on a wide range of products. The move signals more consolidation within the European automotive industry. Daimler chairman Dieter Zetsche and Renault president Carlos Ghosn have set out three primary areas of cooperation that will see the carmakers share small-car and light-commercial-vehicle platforms, small gasoline and diesel engines, and electric drive systems.
Toyota goes dynamic with ME.WE concept
Wed, 24 Apr 2013Toyota revealed its funky looking ME.WE electric concept on Wednesday. The “anti-crisis” vehicle was designed in collaboration with French architect Jean-Marie Massaud. The ME.WE makes its debut at Le Rendez-vous Toyota, the company's brand-experience center in Paris.
Crafting the Ferrari LaFerrari
Mon, 06 May 2013Ferrari's limited-edition supercars are special. They appear about once a decade, cost a small fortune -- which has never hurt sales -- and often become the benchmark for next-generation supercars at Ferrari and in the industry. Ferrari Chairman Luca Cordero di Montezemolo says the new LaFerrari is no exception because of features such as the supercar's gasoline-electric hybrid powertrain, its Formula One-inspired carbon fiber cockpit and its state-of-the-art active aerodynamics.