PSA Peugeot Citroën has been based in its current offices, located less than half a mile from the iconic Arc de Triomphe in Paris, for a half century now. But the latest word has it that the French automaker is planning on leaving the historic location as part of its plans to cut costs.
The Citroën Divine DS Concept won't be the only model in the newly separated DS sub-brand to ditch its Chevrons. In fact, the entire DS line will go without the iconic badge, according to PSA Chairman Carlos Tavares.
Carlos Tavares is a man of ambition. As well he should be, because you don't get to the top ranks of a major industrial group without it. But as chief operating officer of Renault, there was only so far he could go in the shadow of his boss Carlos Ghosn. So with an eye toward running a major automaker, Tavares left Renault a couple of months ago, expressing his desire to run an automaker like Ford or GM. Now Tavares has gotten what he wanted, but he won't have to move to Detroit to get it. Inste
Ford's board is open to CEO Alan Mulally stepping down before his planned departure in 2014, inside sources are telling Reuters. Ford's plan of succession, aside from who would be his actual successor, has been something approaching common knowledge – the 68-year-old former Boeing exec had plans to stay through 2014. This was recently confirmed by Mulally himself on Bloomberg Television and in Automotive News.
Renault has long been lead by two guys named Carlos. One is Carlos Ghosn, who presides as chairman and CEO not only over Renault, but also Nissan. That makes Ghosn one of the busiest guys in the business, and leaves Renault's day-to-day to the other Carlos – Carlos Tavares.
What do you do if you're in a job with no upward mobility? Admittedly, most of us just stick it out while secretly hoping our boss is sacked for all those paperclips he's been swiping, netting us a nice, shiny promotion. Then again, most of us aren't the number two at Renault, like Carlos Tavares.
Renault believes there's enough Alpine love to restart that brand with its own model almost immediately. The launch of the Initiale Paris luxury brand it's been mulling, on the other hand, will be more restrained: a report in Autocar says that instead of launching with a first model based on the Mercedes E-Class architecture, Renault is going to introduce an Initiale Paris trim line on the new Clio and Espace. More accurately, that should be 're-introduce and aggressively market,' since Renault
The Renault Initiale Paris concept car from 1995 (pictured) became the company's Vel Satis flagship model that sold from 2002 to 2009 – although the Vel Satis did without the concept's detuned Formula One engine, a 392-horsepower, 3.5-liter Renault Sport RS6 V10, which might be why it never sold as well as desired. Renault has held on to the Initiale Paris name, though, using to denote the top trim on cars like the Laguna, Espace, Clio and even the dinky Modus supermini.
Renault has a new chief operating officer. Carlos Tavares, formerly the Chief Executive Officer for Nissan Americas, will now fill the void left by former Renault COO Patrick Pelata. Pelata left the French automaker amid a botched spy scandal investigation that saw a rash of Renault executives lose their positions. Taveres has a long history with Renault, having served with the company for 24 years before being assigned to the U.S. with Nissan Americas in 2003. His move back to Renault has been
According to a Nissan official, a report suggesting that Carlos Ghosn is stepping aside after more than decade at the helm of Nissan "is not true!" A local news site in Cool Springs, TN (near the automaker's North American headquarters) reported today that Ghosn, who is currently the CEO of both Nissan and French automaker Renault, plans to surrender the Nissan post to Carlo Tavares. Tavares is currently the Executive Vice President of Nissan Americas Operations.
Dave Guilford of Automotive News sat down with Carlos Tavares, Nissan MoCo's global product chief, and the fruits of his investigative labors revealed that Infiniti has big plans over the next three years. A product push that involves a number of new models and expansion of the Infiniti brand into 90-percent of the luxury markets globally are the cornerstone of the marque, with sales likely to begin in South Korea and Russia, along with Europe in the latter half of next year.