BMW names a new CEO for Mini brand
BMW veteran executive Stefan Richmann succeeds Stephanie Wurst who led Mini for the past two years as it expanded its electric lineup with cars such as the Aceman small crossover.
Read moreRenault's Horse ICE unit signs first major deal with outside automaker
Horse will sell 2.0-liter turbodiesel engines to Habas, one of Turkey's largest companies, for use in light-commercial vehicles. It is the first agreement to provide powertrains outside of Renault and Nissan group brands.
Read moreJaguar will unveil electric GT in U.S. as brand moves more upscale
The sedan is due to go on sale next year priced at more than 100,000 pounds ($125,000) as the brand moves more upscale into the ultraluxury space of marques such as Bentley.
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