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Fiat Chrysler won't sell Jeep

Detroit - Emiratesvoice

Sergio Marchionne, CEO of Fiat Chrysler (FCA), swatted down speculation Monday that he might sell the group's popular Jeep brand and forecasted a future strategic plan by June in anticipation of his retirement. "We're not going to break up anything," Marchionne said during a question and answer session with reporters at the Detroit auto show. He also offered a firm

'Le Cost Killer' Ghosn quits Nissan

Tokyo - Arab Today

Nissan chief executive Carlos Ghosn, credited with reinventing the once nearly bankrupt Japanese automaker, said Thursday he is quitting his post to focus on overhauling rival Mitsubishi Motors, but will stay on as chairman. Ghosn, 62, who also heads up French automaker Renault, will hand over the CEO title to Hiroto Saikawa, who is currently co-chief executive with Ghosn, on

Volkswagen to keep Mexico factories

Detroit - Arab Today

The head of the Volkswagen brand of cars said his company would continue to manufacture in Mexico and pledged to produce electrified vehicles in the United States. Herbert Diess, who took over Volkswagen AG's namesake brand in 2015, also said the company would produce electrified vehicles in the United States. The remarks come as President-elect Donald Trump in recent weeks

Q7 is our best-selling model in region

London - Arab Today

Enrico Atanasio, director, Audi Middle East, said to Arab News: “The Q7 is our best-selling model in the Middle East and its popularity has grown even further with the introduction of this all-new model.” Atanasio added: “Since launch in 2015, the Audi Q7 has won an array of awards for design, innovation and safety worldwide due to its state-of-the-art

Self-driving cars in a fast lane

Detroit - Arab Today

Self-driving cars could hit roads within five years, the head of Fiat Chrysler Automobiles said, days after the company announced an alliance with Google parent Alphabet. Chief executive Sergio Marchionne declined to disclose financial details of the partnership or a timetable for building minivans that will expand the Internet company's test fleet of autonomous vehicles. "It's not sort of 'pie-in-the-sky,'

Indian capital to observe Car-Free Day in January

New Delhi - Arab Today

The Indian capital will observe Car-Free Day on Jan. 22 next year, Delhi Chief Minister Arvind Kejriwal announced on Sunday. "We will organize it in entire Delhi on Jan. 22 and I am very sure that we will succeed ... I will also cycle to my office on Jan. 22," Kejriwal told the media. Car-Free Day is an initiative, first

Abu Dhabi a symbol of the future

Abu Dhabi - Arab Today

The capital of the UAE is a symbol of the future, the co-founder of a project to circumnavigate the world in a solar-powered aircraft told an audience on Monday. "Abu Dhabi is an oil producer that is diversifying to clean energy technologies and I think it is the perfect symbol,” said Bertrand Piccard, who was in the capital after being

Solar Impulse could be stuck in Japan for a year

Geneva - Arab Today

A solar-powered plane attempting to fly around the world must cross the Pacific within a few weeks or it could remain stuck in Japan for a year, its pilot said in an interview published Thursday. Solar Impulse 2, which has been stranded in Japan for three weeks and had to postpone a planned take off this week due to bad

Dubai's Cars Taxi to drive into Saudi, Singapore 2015

Dubai - Arab Today

Dubai-based Cars Taxi Group will drive into two new markets this year by plying 1,000 more vehicles with an investment to the tune of more than Dh200 million, its chief executive said. Abdullah Sultan Al Sabbagh said the company, which has presence in Malaysia, India, Kuwait and Qatar, is in the process to launch operations in Saudi Arabia and Singapore

'No reason' to change Renault deal

Tokyo - Arab Today

The head of Renault-Nissan on Monday said there was "no reason" to change a longstanding partnership between the two companies after the French government's controversial move to hike its stake in Renault. Carlos Ghosn's comments came after Paris gave itself and other long-term shareholders more power in Renault's affairs by doubling the number of votes they get for each share.

'Confident' for 2015 after 'good start' in Q1

Frankfurt - Arab Today

German automaker BMW said Wednesday it was confident about the outlook for 2015 after getting off to a good start in the first three months. "The BMW group continued to perform well during the first three months of 2015, with sales volume, revenues, profits all rising to new highs," the automaker said in a statement. BMW said it "reaffirms its

150 years of professional education at Opel

Rüsselsheim - Arab Today

150 years of professional education – Opel will celebrate the special milestone with an official ceremony on May 12, which will be attended by Andrea Nahles, Federal Minister for Labor and Social Affairs. In 1865, only three years after Adam Opel founded the company, the first apprentice walked through the door. Since then, around 25,000 young people have started their

Opel Movano wins Green Van 2015 Award

Rüsselsheim - Arab Today

Gold medal for the Movano: The Opel van has won the Green Van 2015 award, beating 15 rivals in the class for vans and small vans up to seven tons. The Movano’s combination of low fuel consumption, achieved thanks to the BiTurbo fuel-saving technology, high payload and large load capacity convinced the jury from magazines VerkehrsRundschau and Trucker and gave

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