Nissan could face cost-cutting ‘carnage’ in Honda merger, Carlos Ghosn says

watch now Nissan will be the victim of cost-cutting “carnage” if it combines forces with Japanese peer Honda, former Nissan CEO Carlos Ghosn told CNBC on Tuesday. “I think, without any doubt, Honda is going to be in the driver’s seat, which is very sad to see after having led Nissan for 19 years [and]… Continue reading Nissan could face cost-cutting ‘carnage’ in Honda merger, Carlos Ghosn says

How F1 teams are turning to AI to improve performance on the track

Technology has long been key to success in motorsports. F1 teams have been technologies like cloud computing to AI and machine learning to improve performance. But with AI advances gathering pace each day, race car giants are doubling down. Peter Fox – Formula 1 | Formula 1 | Getty Images WOKING, England β€” Inside McLaren’s… Continue reading How F1 teams are turning to AI to improve performance on the track

CNBC Daily Open: Holiday-thinned markets cheered by strong Wall Street finish

Traders work on the floor of the New York Stock Exchange on Dec. 9, 2024. Michael Nagle | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what… Continue reading CNBC Daily Open: Holiday-thinned markets cheered by strong Wall Street finish

Honda shares set for best day in more than 16 years on share buyback plan, Nissan deal

A sign marks the location of a Honda dealership in Libertyville, Illinois, on Dec. 18, 2024. Scott Olson | Getty Images Shares of Japanese automaker Honda were on track for their best day in 16 years after it announced to buy back up to 1.1 trillion yen ($7 billion) of its shares on Monday amid… Continue reading Honda shares set for best day in more than 16 years on share buyback plan, Nissan deal

Government invites car makers to help reshape ZEV mandate

The government has invited vehicle manufacturers and EV charging companies to give their views on how to successfully phase out pure-combustion cars by 2030. New transport secretary Heidi Alexander has launched a consultation on the UK’s transition to electric cars, in a bid to “restore clarity for vehicle manufacturers and the charging industry so that… Continue reading Government invites car makers to help reshape ZEV mandate

Honda plans localisation for future EV and hybrid technologies in India

Honda Cars India president and CEO, Takuya Tsumura, has confirmed that the Japanese brand is looking to localise strong-hybrid powertrains. Speaking to Autocar India on the sidelines of the launch of the third-gen Honda Amaze Tsumura said, β€œIt is part of the plan and consideration to localise hybrids in India.” Honda India hybrid plans While… Continue reading Honda plans localisation for future EV and hybrid technologies in India

Greaves Electric to set up battery assembly line in TN plant by 2027

Electric two and three-wheeler maker Greaves Electric Mobility, which has filed papers for a public issue of shares, plans to set up an in-house battery pack assembly line at its Ranipet plant in Tamil Nadu by the financial year 2027. Bengaluru-based Greaves Electric is the electric mobility arm of Greaves Cotton Ltd. It manufactures and… Continue reading Greaves Electric to set up battery assembly line in TN plant by 2027

Greaves Electric to set up battery assembly line in TN plant by 2027

Electric two and three-wheeler maker Greaves Electric Mobility, which has filed papers for a public issue of shares, plans to set up an in-house battery pack assembly line at its Ranipet plant in Tamil Nadu by the financial year 2027. Bengaluru-based Greaves Electric is the electric mobility arm of Greaves Cotton Ltd. It manufactures and… Continue reading Greaves Electric to set up battery assembly line in TN plant by 2027

Greaves Electric to set up battery assembly line in TN plant by 2027

Electric two and three-wheeler maker Greaves Electric Mobility, which has filed papers for a public issue of shares, plans to set up an in-house battery pack assembly line at its Ranipet plant in Tamil Nadu by the financial year 2027. Bengaluru-based Greaves Electric is the electric mobility arm of Greaves Cotton Ltd. It manufactures and… Continue reading Greaves Electric to set up battery assembly line in TN plant by 2027