Renault is set to offload approximately 5% of its stake in Nissan Motor as part of a share buyback initiative by the Japanese automaker. The stake sale, valued at around 765 million euros (Rs 6,722 crore), is expected to incur a capital loss of Euro 1.5 billion (Rs 13,182 crore), Bloomberg reported on Tuesday. This… Continue reading Renault to sell 5% stake in Nissan at a Euro 1.5 billion loss: Report
Author: Autocar_Professional India Online News
Renault to sell 5% stake in Nissan at a Euro 1.5 billion loss: Report
Renault is set to offload approximately 5% of its stake in Nissan Motor as part of a share buyback initiative by the Japanese automaker. The stake sale, valued at around 765 million euros (Rs 6,722 crore), is expected to incur a capital loss of Euro 1.5 billion (Rs 13,182 crore), Bloomberg reported on Tuesday. This… Continue reading Renault to sell 5% stake in Nissan at a Euro 1.5 billion loss: Report
Renault to sell 5% stake in Nissan at a Euro 1.5 billion loss: Report
Renault is set to offload approximately 5% of its stake in Nissan Motor as part of a share buyback initiative by the Japanese automaker. The stake sale, valued at around 765 million euros (Rs 6,722 crore), is expected to incur a capital loss of Euro 1.5 billion (Rs 13,182 crore), Bloomberg reported on Tuesday. This… Continue reading Renault to sell 5% stake in Nissan at a Euro 1.5 billion loss: Report
Renault to sell 5% stake in Nissan at a Euro 1.5 billion loss: Report
Renault is set to offload approximately 5% of its stake in Nissan Motor as part of a share buyback initiative by the Japanese automaker. The stake sale, valued at around 765 million euros (Rs 6,722 crore), is expected to incur a capital loss of Euro 1.5 billion (Rs 13,182 crore), Bloomberg reported on Tuesday. This… Continue reading Renault to sell 5% stake in Nissan at a Euro 1.5 billion loss: Report
Panasonic introduces 6-in-1 inertial sensor to enhance automotive safety, performance
Diversified technology major Panasonic Life Solutions India’s Industrial Devices Division (INDD) has introduced an innovative 6-in-1, 6DoF (Degrees of Freedom) inertial sensor. The sensor measures vehicle acceleration and angular rate across three axes (X, Y, and Z), providing critical information that enhances vehicle safety and stability. The company claims these sensors adhere rigorously to the… Continue reading Panasonic introduces 6-in-1 inertial sensor to enhance automotive safety, performance
Panasonic introduces 6-in-1 inertial sensor to enhance automotive safety, performance
Diversified technology major Panasonic Life Solutions India’s Industrial Devices Division (INDD) has introduced an innovative 6-in-1, 6DoF (Degrees of Freedom) inertial sensor. The sensor measures vehicle acceleration and angular rate across three axes (X, Y, and Z), providing critical information that enhances vehicle safety and stability. The company claims these sensors adhere rigorously to the… Continue reading Panasonic introduces 6-in-1 inertial sensor to enhance automotive safety, performance
Panasonic introduces 6-in-1 inertial sensor to enhance automotive safety, performance
Diversified technology major Panasonic Life Solutions India’s Industrial Devices Division (INDD) has introduced an innovative 6-in-1, 6DoF (Degrees of Freedom) inertial sensor. The sensor measures vehicle acceleration and angular rate across three axes (X, Y, and Z), providing critical information that enhances vehicle safety and stability. The company claims these sensors adhere rigorously to the… Continue reading Panasonic introduces 6-in-1 inertial sensor to enhance automotive safety, performance
Neuron Energy appoints Yash Purohit as Chief Strategy Officer
Neuron Energy, an Electric Vehicle (EV) battery manufacturer, has appointed Yash Purohit as its Chief Strategy Officer. Purohit comes with over 15 years of experience in the automotive sector. He was the former head of the New Energy Division at Amara Raja Batteries before joining Neuron Energy. Prior to his time at Amara Raja Batteries, Yash… Continue reading Neuron Energy appoints Yash Purohit as Chief Strategy Officer
Mercedes-Benz India announces up to 2% price increase on select models from January 1, 2024
Mercedes-Benz India has revealed plans to increase the ex-showroom prices of its select model range by up to 2% starting January 1, 2024. The decision comes as a response to a substantial rise in input costs, commodity costs, and logistics costs, coupled with inflationary pressures, impacting the company’s overall operational expenses. The price correction aims… Continue reading Mercedes-Benz India announces up to 2% price increase on select models from January 1, 2024
Erisha E-Mobility and Uttarakahand Government sign Rs 1900 crore MoU to set up EV Park
The government of Uttarakhand has signed an Memorandum of Understanding (MoU) with Erisha E Mobility, to establish an EV park and deploy 100 EV charging hubs across the state. The Electric Vehicle (EV) Park proposed on 320 acres with the investment of Rs 1500 crore, will provide a platform for Electric Vehicles manufacturing, ancillary units… Continue reading Erisha E-Mobility and Uttarakahand Government sign Rs 1900 crore MoU to set up EV Park