German carmaker Daimler and Swedish luxury vehicles company Volvo Cars engaged in talks on cooperation, an unnamed Volvo executive told The Automobilwoche weekly on Sunday. The two companies aim to reduce the costs of developing and producing combustion engines for vehicles,...
Renault Sa, Nissan Motor Co and Mitsubishi Motors confirmed on Wednesday that they named Hadi Zablit the general secretary of their alliance. Zablit, who currently serves as a senior vice president of business development at the alliance, will assume the new role next week.
"The Alliance General...
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