Automotive World News |OPEC basket of thirteen crudes stood at $91.29/bbl
London, 25 October, 2023, (Oilandgaspress): – Oil prices down circa 4% over the past three trading days. Crude oil inventories in the US fell by 2.668 million barrels for week ending October 20, according to The American Petroleum Institute (API).Gasoline inventories fell this week by 4.169 million barrels, on top of the 1.578 million barrel decrease in the week prior. Gasoline inventories are just above the five-year average for this time of year, EIA data shows
Opel announced that it will introduce new generations of its Combo compact, Vivaro mid-size and Movano large-size light commercial vehicles (LCV). Each model will feature new exterior styling and a redesigned cockpit, while the battery-electric versions will continue to offer class-leading driving range. In addition, the German brand announced that the new Movano will also be available as a hydrogen fuel cell vehicle in the near future.
The upcoming light commercial vehicle models from the brand with the Blitz will be immediately recognisable thanks to the new, LCV-specific interpretation of the Opel Vizor brand fascia familiar from Opel’s newest passenger cars. The Vizor integrates the brand emblem with the signature front lighting systems, creating a single visual unit that stretches fully across the face of the vehicle.
In addition to the exterior design, the interiors of the new Opel Combo, Vivaro and Movano have undergone further development. The highlights of the refreshed cockpits will include new wireless Apple CarPlay and Android Auto-compatible infotainment systems with colour touchscreens up to 10 inches in size. The battery-electric versions of the new Opel Combo, Opel Vivaro and Opel Movano will continue to offer uncompromised usability similar to that of the respective combustion engine variants. Thanks to state-of-the-art battery technologies and enhancements such as further improved drivetrain efficiency, all three will therefore continue to offer class-leading, locally emissions-free battery-electric range. The new range of Opel light commercial vehicles will carry over all the strengths of their predecessors. These include a wide range of advanced driver assistance systems to make journeys and manoeuvring more comfortable and above all safer. Furthermore, the trio will be available in various lengths, heights and body types to meet all professional needs, and they will maintain their convincing load volumes, payloads and towing capacities. Opel will reveal more details about the individual vehicle lines in the coming weeks. Read full article
PEUGEOT is currently leading an unprecedented offensive by simultaneously updating all its ranges, starting with its 100% electric models: E-PARTNER, E-EXPERT and E-BOXER. Essential elements of the PEUGEOT LCV range, these models are also key assets in the brand’s electrification strategy. PEUGEOT will offer the widest range of electric cars of any mainstream Brand in Europe. The brand is committed to offering an electric version of every model in the line-up in 2025 and to becoming a 100% electric brand in Europe by 2030. Increase in Low Emission Zones, an average distance travelled of less than 200 km per day, reduced running costs, driving comfort: for professionals, the switch to 100% electric vehicles is becoming the obvious choice. The new range of PEUGEOT 100% electric light commercial vehicles is more efficient, with no compromise on performance. And to make business run smoother, PEUGEOT offers a complete range of maintenance and services contracts for up to 8 years and 200,000 km. Read full article
Berlingo Van, Jumpy and Jumper models, Citroën intends to further strengthen its solid market positions. The new range, as wide and varied as ever, is more than ever geared towards meeting the growing needs of professionals for sustainable mobility with an even more powerful and efficient 100% electric range.
Citroën has always partnered professionals in their daily lives. From the 2CV van to the Berlingo Van, from the iconic Type H to the unexpected My Ami Cargo, the brand has always been committed to breaking with convention, making mobility affordable for all companies, meeting all their needs and helping them to grow their business.
Whether you’re a solo tradesman, an SME or a multinational, Citroën has the solution and the expertise to meet your needs. The Brand now has the widest and most diversified range of light commercial vehicles on the market. Citroën offers a range of volumes, from the 0.5 m3 of the Ami Cargo to the 17 m3 of the Jumper, and a choice of engines: internal combustion, electric and even hydrogen.
An extensive and diversified range that reflects Citroën’s values: exceptional comfort and an ingenious design that makes the most of every useful cubic centimetre.
Through this high-performance range, Citroën has built up a close and trusting relationship with its professional clients, underpinned by a network of experts dedicated to light commercial vehicles in Europe. Citroën is a major player in light commercial vehicles, with 8.3% of this market based in the European Union as of 2022. The Ami Cargo, Berlingo Van, Jumpy and Jumper account for 30% of the brand’s total sales. Read full article
FIAT Professional continues its successful path with the launch of a new generation of vehicles at work: Ducato, Doblò and Scudo 2024 make their debut with new electric powertrains, new design, new connectivity systems, next generation ADAS to support the business of the future with innovative, sustainable, and electric mobility solutions. With over a century of history, FIAT Professional is a benchmark in the commercial vehicles industry, thanks to the high efficiency and reliability of its vehicles, a wide range of customized solutions and its dedicated network always at the side of its professionals. A pioneer in making technologies greener and more efficient, today FIAT Professional is a leader in the LCV e-Mobility Revolution, always being “one step ahead” of the competition. The only brand with a dedicated platform developed for “converters” and specific services for motorhome owners, FIAT Professional is also a leader in Recreational Vehicles, honored by a plethora of accolades. The true star of its sector, the Ducato motorhome base vehicle represents a technical evolution that perpetuates the tradition of success of a model continuously produced since 1981. The flagship model of the FIAT Professional range wears its 40-year history with pride, having already pushed the boat out in 2023 to celebrate its status as the “Best Motorhome Base Vehicle 2023” by Promobil for the 15th time in a row and “Best Camper Base” by the readers of Auto Zeitung. The new FIAT Professional range was presented in Italy at Balocco – Stellantis Proving Ground, as part of the event “Stellantis Commercial Vehicle Ambition Day”, a milestone in Stellantis’ strategic plan. It was the ideal opportunity to reveal the strategy and ambitions of the global Commercial Vehicles Business Unit, together the revamped C-Van, D-Van, and E-Van product line of all brands. Read full article
With just over a month to go before the 2023/24 season of the BMW IBU World Cup gets started, the German National Biathlon Team was kitted out with mobility that is both efficient and sporty. The team was presented the new fleet of electrified vehicles by Mobility Partner BMW. Benedikt Doll, who finished fourth in the overall World Cup last season, received his car – the new all-electric BMW i5 – where it was made: at the BMW Group Plant Dingolfing. Doll took the opportunity to have a closer look at the BMW Group’s largest European production site and learn more at first hand about how his BMW i5 and other all-electric models such as the BMW i7 and the BMW iX are manufactured. The 33-year-old thanked the plant’s employees for producing his new car with an autograph session. Christoph Schröder, Head of BMW Group Plant Dingolfing, handed over the key to Benedikt Doll personally, before he enthusiastically set off back home to the Black Forest. The National Biathlon Team is starting the new season with further electrified cars. For example, Franziska Preuß, Sophia Schneider, Vanessa Voigt and Roman Rees were each presented with a BMW 530e xDrive Touring (Combined fuel consumption: 1.9 – 1.5 l/100 km according to WLTP; power consumption combined: 18.6 – 17.1 kWh/100 km; CO2 emissions combined: 44 -35 g/km according to WLTP; figures according to NEFZ:). And Hanna Kebinger will also be driving a plug-in hybrid car from now on, she received a BMW 330e xDrive Touring (Combined fuel consumption: 1.9 – 1.4 l/100 km according to WLTP; power consumption combined: 18.1 – 16.1 kWh/100 km; CO2 emissions combined: 42 -31 g/km according to WLTP; figures according to NEFZ: Read full article
The first capacity-building workshop for the recipients of the current edition of the Intercultural Innovation Hub (IIH) took place in Munich, Germany from 15 to 20 October 2023. Hosted by the BMW Group, the United Nations Alliance of Civilizations (UNAOC), and Accenture, the workshop focused on the topics of organizational development strategy, sustainable project scaling, as well as pitching and effective storytelling. At the center of the workshop were representatives of the grassroots organizations from Australia, Brazil, Colombia, Germany, Guatemala, Indonesia, Israel, Jordan, Mexico and South Africa, which were recognized in May 2023 during a ceremony held in Berlin, Germany. They participated in a series of training sessions at the BMW Group Headquarters and Accenture’s offices, which aimed at bolstering the capacities of recipient organizations and improving the long-term impact of their projects, allowing them to sustainably expand and replicate their initiatives in other contexts. During the workshop days at BMW Group, inspiring presentations alternated with enriching exchange formats based on the principle of learning from and with each other. In addition to that, the representatives received insights about the personal journey of Steffi Biester, Founder of KICKFAIR e.V. and one of the very first recipients in 2011, who lead through one of the workshop days. The training in Munich is part of a year-long, tailor-made comprehensive support package provided to IIH recipients. In the several months prior to the workshop in Munich, the recipients attended a series of webinars and masterclasses implemented in collaboration with Accenture and the IIH pool of experts. Read full article
After an absence of four years, BMW M Motorsport is returning to the most spectacular GT city race in the world in 2023 – the FIA GT World Cup in Macau (CHN). On 18th/19th November, BMW M Team WRT and ROWE Racing will each field a BMW M4 GT3, as they take on the ultimate challenge in the concrete canyons of the legendary ‘Guia Circuit’. A proven Macau expert starting for ROWE Racing is Augusto Farfus (BRA). The BMW M works driver won the race in 2018. Sheldon van der Linde (RSA) is set to make his Macau debut in the car run by BMW M Team WRT with a design in the colours of Premium Technology Partner Shell. Both BMW M Motorsport teams have raced in Macau on several occasions in the past and have a wealth of experience. BMW M Team WRT won the FIA GT World Cup in 2016 and also has more podiums to its name. ROWE Racing started with the BMW M6 GT3 in both 2016 and 2017. The team then made it onto the podium with two cars in 2019, finishing second and third. Farfus won both qualifying and the main race in 2018, at the wheel of a BMW M6 GT3 run by BMW M Team Schnitzer. The Brazilian finished fourth when BMW M Motorsport made its most recent appearance back in 2019, before the pandemic. Read full article
Mercedes-AMG GLE 53 HYBRID 4MATIC+ as an SUV (combined fuel consumption, weighted: 1.5‑1.3 l/100 km, combined CO₂ emissions, weighted: 33‑29 g/km, combined energy consumption, weighted: 30.0-28.7 kWh/100 km)[1] and as Coupé (combined fuel consumption, weighted: 1.4-1.2 l/100 km, combined CO₂ emissions, weighted: 31‑27 g/km, combined energy consumption, weighted: 29.2‑28.0 kWh/100 km)1 the performance and sports car brand from Affalterbach is supplementing the model portfolio with a plug-in hybrid with a high level of everyday use and long electric range. The basis for the sporty driving experience is the 3.0-litre inline six-cylinder turbo engine. For use in the hybrid, the engine known from the conventional GLE was extensively modified again. At 330 kW (449 hp), it now produces 10 kW (14 hp) more than before. The update measures include reprogrammed software and an additional nose cooler. The electric additional compressor could be omitted in the hybrid variant because the electric motor takes over its tasks such as electrical boosting. The result: The 3.0‑litre engine reacts extremely spontaneously and offers highly dynamic response.
The in-line six‑cylinder is combined with a 100‑kW electric motor, a traction battery with 31.2 kWh capacity and the fully variable AMG Performance 4MATIC+ all-wheel drive. The high power density of the hybrid power unit is achieved by the permanently excited internal rotor synchronous technology. The electric motor’s maximum torque of 480 Nm is available from the first revolution and ensures high agility even when starting off.
The system output of 400 kW (544 hp) and the maximum system torque of 750 Nm enable impressive driving performance: acceleration from standstill to 100 km/h takes 4.7 seconds. The propulsion only ends at an electronically limited speed of 250 km/h. Up to 140 km/h are possible purely electrically. With an electric range of 80‑86 kilometres (SUV) and 82‑87 kilometres (Coupé) according to WLTP, most everyday distances can be covered purely electrically. A charger with 11 kW charging power is on board for charging with alternating current. In addition, a 60 kW DC fast charger for direct current is available upon request. This allows the battery to be charged from 10% to 80% charge within 20 minutes. Read full article
Mercedes EQA and EQB are now even more attractive for newcomers and owners of other brands. Clients can now order the updated versions. They will arrive at European dealers in early 2024. Prices start at 50,777.30 euros1. for the EQA 250 (WLTP: combined electricity consumption: 16.7-14.4 kWh/100 km; combined CO₂ emissions: 0 g/km)[2] and 53,514.30 euros1 for the EQB 250+ (WLTP: combined electricity consumption: 17.5-15.2 kWh/100 km; combined CO₂ emissions: 0 g/km)[2]. The PROGRESSIVE equipment line is standard, with Electric Art and AMG Line available as alternatives. The most popular equipment options are bundled into the Advanced, Advanced Plus and Premium packages, with additional options to choose from. Customers can individually configure and design vehicle features such as colours, upholstery, trim and wheels. For the five-seater EQB, a trailer hitch[3] with ESP trailer stabilisation is optionally available for the first time for 952 euros[1].
New interior features include the current-generation steering wheel with touch control buttons as well as Mercedes‑Benz pattern trim (standard with PROGRESSIVE), brown lime open-pore wood (optional with PROGRESSIVE) and a Mercedes-Benz backlit pattern (standard with Electric Art and AMG Line).
The already extensive standard equipment included with the PROGRESSIVE Line has been further supplemented with ambient lighting and the EASY-PACK tailgate while the central display and USB Package are now standard in both EQA and EQB. A fully digital instrument cluster is standard in the Advanced Package and above. The appearance of the displays can be customised with three display styles (discreet; sporty; classic) and three modes (navigation; assistance; service). Read full article
An unprecedented ecosystem of 19 leading innovators in the automotive, bicycle and technology sectors have joined forces to work towards advancing and deploying connected transportation solutions to help reduce the risks facing cyclists and e-bike riders on North American roads. The new Coalition for Cyclist Safety represents a commitment to develop a comprehensive approach to bicycle safety centered on deployments of vehicle-to-everything technology. In the last year, the U.S. Department of Transportation has embarked on strategies to unlock the connected V2X ecosystem as a key technological solution to improve road safety for vulnerable road users. Members of the Coalition believe that V2X has safety benefits, as well as the potential to reduce congestion. The new Coalition is committed to deploying critical components of that roadmap to improve safety for cyclists, and enlist other supporters for this mission. The Coalition participants intend to work together on integrating bicycles into the future V2X communication ecosystem. By enabling V2X-equipped cars, bicycles and other road participants can recognize each other and create mutual awareness, thereby raising the possibility of lowering the number of injuries from crash situations. Additionally, these efforts will benefit from insights and advice provided by cycling, safety and smart-transportation advocates and associations under an Advisory Committee of the Coalition. According to the U.S. Centers for Disease Control, bicycles constitute one percent of all trips across the United States, but represent two percent of all traffic fatalities. More than 130,000 cyclists suffer injuries a year riding bicycles in U.S. traffic. Read More
Saab’s Board of Directors has decided on a Key Employee Plan 2024 (KEY 2024), a long-term incentive program for key employees. KEY 2024 is a continuation of the ongoing Key Employee Plan 2023, with corresponding conditions.
KEY 2024 is a complement to Saab’s long-term share-based incentive programme and the purpose is to retain key employees. 1,500 Saab Group key employees can be offered participation in KEY 2024.The programme does not include the Board, the CEO, members of the Group Management or other senior managers. The participants are selected based on critical skills, performance or potential.
The participants in KEY 2024 will be granted an award of a potential amount corresponding 15 per cent of the participant’s annual salary. The amount will be converted into a number of synthetic shares based on the share price for the Saab share of series B on Nasdaq Stockholm at the time of grant. KEY 2024 has a three-year vesting period and begins in February 2024 and ends approximately three years later. The total amount payable may not exceed 30 per cent of the participant’s annual salary. In order to receive full payment, the participant needs to remain employed within the Saab Group during the entire three-year period. Cash payment takes place on two occasions; after approximately two and three years respectively from the start of the plan with 50 percent of the award on each occasion.
The amount which the participants may receive is driven by the share price development of the Saab share during the three-year period. At the respective time of payment, the synthetic shares are converted into an amount based on the share price at the time of payment. The amount is paid out in cash to the participants after deduction of tax.KEY 2024 will not lead to any dilution of existing shareholders’ shares but only entail a cost for Saab. The total effect on the income statement is estimated to approximately SEK 191 million distributed over the years 2024-2027. The Board of Directors’ intention is to annually decide on incentive plans corresponding to the KEY 2024. Read More
Honda Motor Co., Ltd. Director, President and Representative, Toshihiro Mibe held a press conference, at the JAPAN MOBILITY SHOW 2023.
Following is a summary of his formal remarks:
About JAPAN MOBILITY SHOW
What used to be the Tokyo Motor Show is now “reborn” as the JAPAN MOBILITY SHOW, which will offer an exciting look into the future of not only cars and motorcycles, but a broader range of mobility products, services and technologies.
Honda is a company that started off with motorcycles, but has been expanding the lineup of its mobility products to include automobiles, and now aircraft and more. In light of the evolution of the “Tokyo Motor Show” into the “JAPAN MOBILITY SHOW,” at the Honda booth, we will be exhibiting not only automobiles but diverse forms of current and future mobility that Honda is pursuing.
We offer visitors the opportunity to experience the future mobility Honda dreams of, and also to participate in creating the future mobility with us.
Our passion behind the Honda Global Brand Slogan, “The Power of Dreams — How we move you. ”
This year, Honda is celebrating its 75th anniversary. When we look back on our history of offering a wide range of value to our customers and society as a manufacturer of mobility products, we can say that Honda has grown to this point while always being driven by “dreams,” and taking on challenges to realize what was thought to be impossible.
The Power of Dreams – How we move you. – This is the Honda Global Brand Slogan, which conveys the message that the dreams of each and every one working at Honda have always been the driving force of Honda, and a variety of mobility products and services Honda creates with such power of dreams will move people physically, move people’s hearts, and help many people realize their dreams so that there will be an expanse of dreams toward the future.
We picked the “Honda Dream Loop” as our booth theme to express the future, toward which the dreams of many people will form an endless loop and continue expanding, starting from mobility products and services that embody Honda’s dreams.
Value proposition unique only to Honda – “Transcend” and “Augment” Read More
Lexus introduced a range of concept models under the theme “Pushing the Boundaries of the Electrified Experience”, envisioning new possibilities for mobility through electric cars. The Lexus booth hosted the global debut of the next-generation Battery Electric Vehicle (BEV) concept car LF-ZC, set for release in2026, along with the BEV flagship concept model LF-ZL, which offers a glimpse into the brand’s future at the inaugural Japan Mobility Show 2023,
Since its inception in 1989, Lexus has pushed boundaries in the automotive industry, consistently challenging the conventional notions of luxury and offering customers new product propositions and experiences. As a luxury lifestyle brand that transcends the automotive sphere, Lexus continues to anticipate changing customer needs and desires with creativity and attention to detail, striving to surprise and surpass expectations.
Lexus is committed to becoming electric brand by 2035, a transition that will involve fundamentally reassessing vehicle architecture though a new modular structure, implementing cutting-edge production technology, and fully integrating a comprehensive new software platform.
The LF-ZC (Lexus Future Zero-emission Catalyst) concept introduced today is part of the forthcoming next-generation Lexus BEV lineup, due for market launch in 2026. As the name suggests, the model forms the catalyst for new experiences in the electric age, including elevated driving dynamics, uncompromised design, and new exclusive services―the epitome of the Lexus brand promise to craft cars that enrich the lives of discerning customers. Joining the producion concept is the LF-ZL (Lexus Future Zero-emission Luxury), a BEV vision concept that offers a glimpse into a future where mobility, people, and society are seamlessly connected. Offering an unparalleled level of personalized customer interaction with the vehicle, it provides distinctive driving experiences for each individual, taking hints from their actions and making ongoing suggestions. This future flagship model aims to present an innately sustainable, guilt-free luxury lifestyle that empowers customers to live in tune with their needs and desires while at the same time contributing positively to the environment and society at large. Read More
Toyota will be exhibiting at the Japan Mobility Show 2023, to be held from Thursday, October 26 to Sunday, November 5*, with a booth themed “Let’s Change the Future of Cars―Find Your Future.” In this first announcement of models to be exhibited at the booth, Toyota reveals some of the design details for two battery electric vehicle (BEV) concept models, the FT-3e and the FT-Se.
The two concept models―the SUV-type FT-3e and the sporty FT-Se―will present a future transformed by electrification and intelligence, along with the new experience value offered by cars. Toyota believes that future mobility will go beyond providing physical transportation tools to becoming a lifestyle partner closely aligned with each customer’s individual values. Alongside the highly responsive controls and captivating designs unique to BEVs, these models evolve into one-of-a-kind cherished vehicles by offering the joy of personal ride customization, as well as convenient functions for stress-free browsing of local area information while onboard. Read More
Faced with a shortage of talent and a lack of young people graduating from scientific training, the Software République, an open innovation ecosystem for intelligent, secure, and sustainable mobility launched by Dassault Systèmes, Eviden, an Atos business, Orange, Renault Group, STMicroelectronics, and Thales, presents for the first time the achievements of its “Talent Academy,” with the goal of enhancing the employability of talent and the competitiveness of companies.
As part of the European Year of Skills 2023, the presentation of this collaborative training ecosystem took place in the presence of Mr. Jean-Noël Barrot, Minister Delegate for Digital Affairs to the Minister of the Economy, Finance, and Industrial and Digital Sovereignty, and Mme Marianne de Brunhoff, Deputy Coordinator of the European Year of Skills, Ministry of Labor, Full Employment, and Inclusion.
Unique in France and Europe, the “Talent Academy” addresses the challenges of training and skills development in the field of digital and engineering sciences, serving young people and employees of companies in the Software République. Its objective is to guide young people, especially young women, towards scientific and technical careers, attract future talent to the Software République ecosystem, and promote the development and upgrading of skills through training and retraining programs. Read More
Net-zero carbon emissions. That is what Renault Group has pledged to achieve at its ElectriCity hub and Cléon plant by 2025 then throughout its industrial operations by 2030. It is tackling the issue from two angles: gravitating towards low-carbon energy and enhancing energy efficiency. The key for the second is the ability to monitor and regulate plant consumption in real time. That was a sizeable challenge for Renault Group’s teams on the ground. And they pulled it off with Ecogy, a portal developed in-house in record time and now up, running and delivering results. So what is Ecogy? How is it used? What kind of concrete measures has brought about and how much energy is it actually saving? Take the tour, with Sébastien and Xavier. Driving a car without a dashboard: that, figuratively speaking, is how Renault Group would be managing electricity consumption at its industrial plants without the Ecogy portal. This tool, which measures consumption in real time then processes and analyses the data, is vital to improve each plant’s energy performance and, at the end of the day, help the Group reach its net-zero carbon emissions target. Our two experts show you why Ecogy is so essential.The first step in Renault Group’s energy efficiency strategy – and the first building block in the system that has grown into the Ecogy portal – was fitting 10,000 sensors in workshops (including 1,500 in 2022) and connecting 8,500 processes to the cloud, mostly in plants but also in offices (Technocentres). Read More
Renault is opening more than a new chapter in its international history. It is a new lease of life, stemming from the Renaulution, coming our way with eight new models to be launched by 2027. This offensive, backed by a €3 billion investment, will boost the brand’s performance in these key historical regions. Renault is aiming for a double net revenue per unit sold outside Europe in 2027, compared with 2019.
As it does in Europe, the brand will balance its international segment mix thanks to an offensive of five new C- and D-segment products. At the same time, it will strengthen its position in the B segment with Kardian, which will enter the market in Latin America and Morocco next year. Lowering CO2 emissions for the upcoming vehicles is also a strong goal of this plan, officially called “Renault brand international game plan 2027”. This will be achieved first with hybrid powertrains for the future line-up, but also with the introduction of E-Tech electric models in several countries outside Europe, like Megane E-Tech electric which is already available in Brazil and Türkiye. Thus, Renault aims at selling one car out of three with electric or hybrid version outside Europe by 2027.
“As our product renewal is bearing fruit in Europe, we are now going to make the brand more global and more profitable. Thus, Renault is now going on the offensive outside Europe with eight new vehicle launches between now and 2027, based on a reduced number of platforms, shared across regions and thereby enhancing our synergies.” Fabrice Cambolive, CEO, Renault brand Read full article
| Oil and Gas Blends | Units | Oil Price US$/bbl | Change |
| Crude Oil (WTI) | USD/bbl | $83.82 | Down |
| Crude Oil (Brent) | USD/bbl | $88.86 | Down |
| Bonny Light | USD/bbl | $89.71 | Down |
| Saharan Blend | USD/bbl | $89.30 | Down |
| Natural Gas | USD/MMBtu | $2.96 | Up |
| OPEC basket 24/10/23 | USD/bbl | $91.29 | Down |
The launch of Kardian marks another step in the Renaulution strategic plan – the start of the “Renovation” phase in Renault’s international markets. This brand-new model is the first in a full range of vehicles with an international focus, illustrating the brand’s new strategy for non-European markets. Developed in line with market expectations and in close collaboration with teams based in countries where Renault has a long-standing presence and teams at the Technocentre, this model will go on sale in Latin America before arriving in other non-European markets. Renault Kardian is a compact urban B-segment vehicle with Renault’s DNA at the heart of its design, both in its style and its equipment. Its front end showcases the brand’s new stylistic identity, featuring the “Nouvel’R” logo and a new signature lighting pattern.
Resolutely modern, Kardian boasts innovations and features usually reserved for higher segment vehicles – 17-inch rims, a high console with an “e-shifter” gear selector, as well as MULTI‑SENSE settings offering different driving modes and eight ambient lighting options. Renault Kardian is also equipped with six airbags, as well as 13 advanced driver-assistance systems (ADAS) such as a blind spot warning system and a multi-view camera system.
Kardian inaugurates a new Renault platform that is modular and highly versatile and will enable the development of a diverse range of models for a number of non-European markets. At launch, Kardian will feature an innovative mechanical combination in South America Kardian will be launched with a 1.0-litre three-cylinder turbocharged of 125 hp with 220 Nm of torque direct injection engine coupled with an Efficient Dual Clutch (EDC) automatic transmission.
Backed by its long-standing industrial presence in several regions worldwide, Renault will produce Kardian at the Curitiba plant in Brazil first, then, thanks to the agility and flexibility of our industrial system, at the Casablanca (SOMACA) plant in Morocco. Read full article
Baker Hughes Rig Count: U.S. +2 to 624 Canada +5 to 198
U.S. Rig Count is up 2 from last week to 624 with oil rigs up 1 to 502, gas rigs up 1 to 118 and miscellaneous rigs unchanged at 4.
Canada Rig Count is up 5 from last week to 198, with oil rigs up 5 to 121 gas rigs up 1 to 77 and miscellaneous down 1.
| Region | Period | Rig Count | Change |
| U.S.A | 20 October 2023 | 624 | +2 |
| Canada | 20 October 2023 | 198 | +13 |
| International | September 2023 | 940 | -12 |
drilling operations on a given well
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