SEOUL (Reuters) – As Tesla Inc (TSLA.O) accelerates the shift to electric cars, Hyundai Motor 005803.KS’s loyal suppliers have increasingly turned to “outsiders” for parts – but now the South Korean carmaker’s own supply company, Mobis, is plunging into the game. FILE PHOTO: The logo of Hyundai Mobis is seen during the 2019 Seoul Motor… Continue reading Key Hyundai affiliate aims to muscle into electric vehicle market as longtime suppliers turn to outsiders
Tag: Renault
@Mitsubishi: Mitsubishi Licenses Hybrid Technology Patents from Paice, Abell Foundation
BALTIMORE, MD / ACCESSWIRE, Aug 25, 2020 – (ACN Newswire) – Paice, a pioneer in hybrid electric vehicle technology, announced today that it has reached an agreement to license its patented hybrid technology to MITSUBISHI MOTORS CORPORATION, a global leader in plug-in hybrid vehicles. The Mitsubishi Outlander is the world’s best-selling plug-in hybrid. “Mitsubishi is… Continue reading @Mitsubishi: Mitsubishi Licenses Hybrid Technology Patents from Paice, Abell Foundation
Europa Press: Nissan will not reopen this Monday after Acciona’s termination of its contract000168
He argues that resuming activity is “the best option” for the reindustrialization of plants BARCELONA, Aug 24 (EUROPA PRESS) – The management of Nissan Motor Ibérica will not resume its activity this Monday, as it had agreed with the unions, after Acciona, one of its suppliers, terminated its contract with the carmaker. In a statement… Continue reading Europa Press: Nissan will not reopen this Monday after Acciona’s termination of its contract000168
@Nissan: 2020/08/20 Introduction of Stock-Based Compensation Plan Nissan (the “C…000029
2020/08/20 YOKOHAMA, Japan – Nissan (the “Company”) will introduce restricted stock units (“RSUs”) as part of a stock-based compensation plan (the “Plan”) from and after fiscal year 2020. Such RSUs will replace the share appreciation rights (“SARs”), which the Company discontinued as of fiscal year 2019. Details regarding the Plan as previously announced on August… Continue reading @Nissan: 2020/08/20 Introduction of Stock-Based Compensation Plan Nissan (the “C…000029
German Manager Magazin: General Motors: Car manufacturer in China relies on cheap electric cars000040
The US automaker General Motors is in because of shrinking market shares China is implementing its strategy and is focusing more on electromobility and automated driving. “The market is changing dramatically,” said GM’s new China boss Julian Blissett of the Reuters news agency. The largest US automaker wants to respond to this and make it… Continue reading German Manager Magazin: General Motors: Car manufacturer in China relies on cheap electric cars000040
@Renault: AVTOVAZ will keep 5-day working week000023
AVTOVAZ canceled the order of June 10, 2020 on the introduction of an incomplete 4-day working week from August 31. This is due to the company`s availability of orders for new cars in the coming months of 2020 as part of the programs of advanced state procurement, proposed by MIT and confirmed by order of… Continue reading @Renault: AVTOVAZ will keep 5-day working week000023
@Daimler: Mercedes-Benz Sprinter: from four factories on three continents for the world
Series Production of the current model of the Sprinter started in March 2018; since September 2019 production network completed First eSprinter left the Düsseldorf assembly line in December 2019 Stuttgart, Germany – The Mercedes-Benz Sprinter has been the success model from Mercedes-Benz Vans for 25 years now, and is a flagship in the van business.… Continue reading @Daimler: Mercedes-Benz Sprinter: from four factories on three continents for the world
Manley and friend Tavares kept alive FCA-PSA merger talks – Automotive News Europe
November 04, 2019 05:04 AM Manley: Relationships sped progress. Fiat Chrysler Automobiles CEO Mike Manley made three trips across the Atlantic Ocean recently — one to Frankfurt, two to Paris — with a scrapped merger with Renault still fresh in his memory. On the other end of those excursions, according to a person familiar with… Continue reading Manley and friend Tavares kept alive FCA-PSA merger talks – Automotive News Europe
Dealers discount new cars by 7.7% ahead of plate-change
The average discount on new car prices in August was 7.68% or £3,066, according to new data from What Car? This percentage cut is in line with the performance in August 2019 which saw cash discounts of 7.6% or £2,595. August is traditionally a poor sales month in the lead up to the September plate-change,… Continue reading Dealers discount new cars by 7.7% ahead of plate-change
Hyundai Motor America Names Fred DePerez Vice President of Product Line Management and Sales Planning
Hyundai’s Product Line Management group focuses on ways to improve performance by analyzing target customers, segment dynamics and the dealer’s engagement level of each Hyundai vehicle. Sales Planning analyzes industry-wide trends and identifies national and regional growth opportunities for Hyundai. Retail Operations manages Hyundai’s national incentive spending, certified pre-owned programs and sales planning activities. DePerez… Continue reading Hyundai Motor America Names Fred DePerez Vice President of Product Line Management and Sales Planning