Italians under power Among the large van models, there is the Fiat Ducato in an E variant. Cologne E-commerce is booming and the streets are full of vans. That was already the case before Corona and has intensified significantly with the pandemic. But as easy as that is for the customers, the development is also… Continue reading Electric vans: anyone who wants to inherit the street scooter
Category: News Type
@AML: Aston Martin DB5 production resumes after 55 years as build work begins on DB5 Goldfinger Continuation cars at Aston Martin Works
More than half a century after the last new DB5 left Aston Martin’s Newport Pagnell factory, work is again under way on ‘the most famous car in the world’ ‘Job 1’ DB5 Goldfinger Continuation car is under construction – the first in a strictly limited run of 25 customer cars Produced in association with EON… Continue reading @AML: Aston Martin DB5 production resumes after 55 years as build work begins on DB5 Goldfinger Continuation cars at Aston Martin Works
@Nissan: Nissan announces proposal to close Barcelona Plant
2020/05/28 Consultation to begin with employee representatives Barcelona, Spain – Nissan today announced proposals to restructure its industrial operations in Barcelona. The proposal includes the intention to close Nissan Barcelona Plant in Zona Franca and the nearby satellite plants of Montcada and Sant Andreu, from December 2020. The plan follows a long study into future… Continue reading @Nissan: Nissan announces proposal to close Barcelona Plant
@Nissan: Nissan unveils transformation plan to prioritize sustainable growth and profitability
May 28, 2020 [embedded content] YOKOHAMA, Japan – Nissan Motor Co., Ltd. today unveiled a four-year plan to achieve sustainable growth, financial stability and profitability by the end of fiscal-year 2023. The scalable plan, involving cost-rationalization and business optimization, will shift the company’s strategy from its past focus on inflated expansion. As part of the… Continue reading @Nissan: Nissan unveils transformation plan to prioritize sustainable growth and profitability
French carmaker PSA to make surgical masks at Mulhouse site
FILE PHOTO: The logo of PSA Group is seen during the annual results news conference in Rueil-Malmaison, near Paris, France, February 26, 2020. REUTERS/Benoit Tessier PARIS (Reuters) – French carmaker PSA said on Thursday that it would start manufacturing surgical masks at its site in Mulhouse in eastern France from August. The company said it… Continue reading French carmaker PSA to make surgical masks at Mulhouse site
Nissan sets out survival plan after first loss in 11 years
TOKYO (Reuters) – Nissan Motor Co unveiled a plan to become a smaller, more cost-efficient automaker on Thursday as it looks to recover from four years of tumbling profits that culminated in its first annual loss in 11 years. FILE PHOTO: Nissan Motor’s logo is pictured at its headquarters in Yokohama, Japan February 13, 2020.… Continue reading Nissan sets out survival plan after first loss in 11 years
Aurora adds new leadership as the company hits 500 people
Growing team demonstrates Aurora’s commitment to safety and team development Our company is only as powerful as the people we hire and our technology is only as world-class as the people who build it. Though the world has changed over the last few months, we continue to make progress: we’ve started to get our vehicles… Continue reading Aurora adds new leadership as the company hits 500 people
Vaya Africa launches electric ride-hail taxi network
Vaya Africa, a ride-hail mobility venture founded by Zimbabwean mogul Strive Masiyiwa, has launched an electric taxi service and charging network in Zimbabwe with plans to expand across the continent. The South Africa headquartered company has acquired a fleet of Nissan Leaf EVs and developed its own solar powered charging stations. The program goes live… Continue reading Vaya Africa launches electric ride-hail taxi network
How Hertz’s Forced Fleet Sale Could Affect the Used Car Market
Chapter 11 is an expensive process, including the obligations that debtors must pay while in bankruptcy. Photo via Enjosmith/Flickr. The sub headline under the Hertz bankruptcy is “Hertz fire sale will flood the used car market and depress prices.” This analysis won’t get us closer to knowing exactly to what extent pricing will be affected —… Continue reading How Hertz’s Forced Fleet Sale Could Affect the Used Car Market
Advantage Rent A Car Files for Chapter 11 Bankruptcy
The bankruptcy petition lists liabilities between $500 million to $1 billion, with estimated assets of $100 million to $500 million. Logo via Advantage Rent A Car. The parent company of Advantage Rent A Car, Advantage Opco LLC, filed for Chapter 11 bankruptcy on Tuesday. The company is owned by Toronto-based private equity firm Catalyst Capital… Continue reading Advantage Rent A Car Files for Chapter 11 Bankruptcy