FILE PHOTO: A Nissan logo is pictured at Brussels Motor Show, Belgium, January 9, 2020. REUTERS/Francois Lenoir TOKYO (Reuters) – Nissan Motor Co (7201.T) is considering cutting 20,000 jobs from its global workforce, focusing on Europe and developing countries, Kyodo news reported on Friday, as the Japanese automaker struggles to recover from plunging car sales.… Continue reading UPDATE 1-Nissan considering 20,000 job cuts, mainly in Europe, developing nations -Kyodo
Tag: Strategy
Renault could disappear and must adapt: French finance minister
FILE PHOTO: The logo of Renault carmaker is pictured at a dealership in Les Sorinieres, near Nantes, France, February 19, 2020. REUTERS/Stephane Mahe PARIS (Reuters) – Renault (RENA.PA) could disappear if it does not get help very soon to cope with the fallout from the coronavirus crisis, France’s Finance Minister Bruno Le Maire said on… Continue reading Renault could disappear and must adapt: French finance minister
Renault could disappear and needs to be able to adapt: Le Maire
FILE PHOTO: The logo of Renault carmaker is pictured at a dealership in Les Sorinieres, near Nantes, France, February 19, 2020. REUTERS/Stephane Mahe PARIS (Reuters) – France’s Finance Minister Bruno Le Maire said on Friday that Renault (RENA.PA) could disappear if it does not get help very soon to cope with the fallout from the… Continue reading Renault could disappear and needs to be able to adapt: Le Maire
Nissan considering 20,000 job cuts, mainly in Europe, developing nations: Kyodo
FILE PHOTO: A Nissan logo is pictured at Brussels Motor Show, Belgium, January 9, 2020. REUTERS/Francois Lenoir TOKYO (Reuters) – Nissan Motor Co (7201.T) is considering cutting 20,000 jobs from its global workforce, focusing on Europe and developing countries, Kyodo news reported on Friday, as the Japanese automaker struggles to recover from plunging car sales.… Continue reading Nissan considering 20,000 job cuts, mainly in Europe, developing nations: Kyodo
Exide Technologies Announces Court Approval of First Day Motions Allowing Business Operations to Proceed in Ordinary Course
MILTON, Ga., May 21, 2020 /PRNewswire/ — Exide Technologies (“Exide” or the “Company”), a global provider of stored energy solutions, today announced that customary first day motions to help facilitate continued operations in the ordinary course of business while the Company operates in Chapter 11 were approved by Judge Christopher S. Sontchi of the U.S.… Continue reading Exide Technologies Announces Court Approval of First Day Motions Allowing Business Operations to Proceed in Ordinary Course
Michelin’s CO2 reduction targets approved by SBTi*
Michelin’s CO2 reduction targets approved by SBTi* Michelin’s targets have been approved by the Science Based Targets initiative (SBTi), a leading independent international organisation which encourages participating companies to set greenhouse gas (GHG) emissions-reduction targets. This is Michelin’s first step toward achieving net-zero emissions at all company sites by 2050. This milestone corroborates Michelin’s environmental… Continue reading Michelin’s CO2 reduction targets approved by SBTi*
@Geely: Kandi Technologies Appoints New Chief Financial Offer
JINHUA, CHINA, May 21, 2020 (GLOBE NEWSWIRE) — Kandi Technologies Group (the “Company”, “we” or “Kandi”) (NASDAQ GS: KNDI), is pleased to announce the appointment of Mr. Jehn Ming Lim as Chief Financial Officer (“CFO”), effective on May 15, 2020. Ms. Zhu Xiaoying had completed her responsibilities as the Company’s interim CFO.Mr. Lim brings over… Continue reading @Geely: Kandi Technologies Appoints New Chief Financial Offer
Aston Martin tumbles after saying it may seek more funding – Gulf News
1 of 9 STEPS TO CUT COSTS: Aston Martin Lagonda Global Holdings Plc said it may raise more funds and will take further steps to cut costs and control cash as the coronavirus pandemic weighs on business. The British manufacturer reported a wider first-quarter loss and a 60% drop in revenue. The carmaker recently got… Continue reading Aston Martin tumbles after saying it may seek more funding – Gulf News
Xpeng Secures Production License, Will Manufacture Cars At Zhaoqing Factory
Xpeng Motors receives production license for its self-owned Zhaoqing factory Customer deliveries of Xpeng P7 to start in 2Q (Guangzhou, May 19, 2020) – Xpeng Motors, a leading electric vehicle and technology company, today announced that it has received the official production license from China’s Ministry of Industry and Information Technology for its new own-built,… Continue reading Xpeng Secures Production License, Will Manufacture Cars At Zhaoqing Factory
Autonomous aviation startup Xwing raises $10M to scale its software for pilotless flights
Autonomous aviation startup Xwing locked in a $10 million funding round before COVID-19 hit. Now the San Francisco-based startup is using the capital to hire talent and scale the development of its software stack as it aims for commercial operations later this year — pending FAA approvals. The company announced Wednesday its Series A funding… Continue reading Autonomous aviation startup Xwing raises $10M to scale its software for pilotless flights