Peugeot to test driverless cars in Singapore

French automaker PSA said Wednesday it was teaming up with nuTonomy to integrate the US startup’s software into one of its vehicles for on-road testing of fully autonomous cars in Singapore. nuTonomy will install its software, along with sensors and computing platforms, into customised Peugeot 3008 vehicles, with the vehicles expected to hit the streets […]






BMW says profits beat expectations in first quarter

German luxury carmaker BMW on Thursday reported first-quarter pre-tax profits that were sharply higher than expected, largely thanks to one-off financial effects. Profits before tax increased by 27 percent to 3.0 billion euros ($3.2 billion) in the period from January to March, compared with the same period a year earlier, the Munich-based group said in […]






Renault-Nissan

Renault-Nissan sales close to 10 million in 2016

Renault-Nissan said Wednesday it sold nearly 10 million vehicles worldwide as the group faces up to accusations that Renault participated in an emissions scandal. Renault-Nissan, which has aspirations to become one of the world’s top three carmakers behind Volkswagen and Toyota, said in statement that unit sales jumped by nearly 17 percent to 9.96 million […]