TOKYO — Leading Japanese universities and corporations have joined hands with IBM to develop practical quantum computing applications in finance, materials development and the broader business scene. “I believe that Japan will play an important role in implementing quantum computing technology to society ahead of rest of the world, and that industry-academia-government collaboration is necessary… Continue reading Japan group to bring quantum computers to the workplace
Tag: Renault
Mazda slams brakes on 1.8m auto sales goal after less than a year
TOKYO — Mazda Motor will retract its goal of selling about 1.8 million vehicles worldwide by fiscal 2024 as the Japanese automaker struggles with the impact of the coronavirus pandemic, Nikkei has learned. Mazda’s vehicle sales plummeted by a quarter in the first half of this year, further dimming prospects for reaching the target. The company is expected to announce the… Continue reading Mazda slams brakes on 1.8m auto sales goal after less than a year
Twin storms batter struggling Nissan-Renault-Mitsubishi alliance
TOKYO — It has only been a few months since the carmakers that form the Renault-Nissan-Mitsubishi alliance announced some of the most dire annual results in their history — but anyone who thought that marked the end of their trials has been roundly disabused of the notion. Renault announced Thursday that it posted a record… Continue reading Twin storms batter struggling Nissan-Renault-Mitsubishi alliance
Visteon Announces Second-Quarter 2020 Results
Net sales of $371 million; 48% reduction Y/Y excluding currencyIndustry production down 45% Y/Y; Visteon customers down 53% Y/YVisteon sales outperformed customer production by five percentage points$1.7 billion in new business and 21 new product launches YTDCash of $759 million; no significant near-term debt maturitiesVAN BUREN TOWNSHIP, Mich., July 30, 2020 (GLOBE NEWSWIRE) — Visteon… Continue reading Visteon Announces Second-Quarter 2020 Results
GROUPE RENAULT: Communication about availability – Documents relating to H1 2020 financial results communication
Communication about availability – H1 2020 financial resultsBoulogne, July 30, 2020Renault announces today its H1 2020 financial results. The following documents are available on Renault website https://group.renault.com/en/finance-2/financial-information/documents-and-publications/ :Press releaseEarnings reportH1 2020 financial results presentationLuca de Meo’s speech scriptAttachmentRenault _ Availability Publication H1 2020 Go to Source
UK car production slumps to lowest level since 1954
The number of cars built in the UK over the past six months has slumped to the lowest since 1954, according to the industry’s trade body. A total of 381,357 cars were made the six months to June, down 42% on the period last year, said the Society of Motor Manufacturers and Traders (SMMT). The… Continue reading UK car production slumps to lowest level since 1954
New Renault chief pledges turnround as carmaker suffers record loss
De Meo to outline plan in January to revive French group hit by pandemic and hobbled by Nissan alliance Go to Source
Volkswagen has not yet lost the year
Volkswagen is because of Corona crisis get deep in the red. In the second quarter, the world’s largest automaker posted an operating loss of EUR 1.7 billion before special items, as the Wolfsburg-based company announced on Thursday. A year ago there was still a profit of 5.1 billion. In the period from April to June,… Continue reading Volkswagen has not yet lost the year
@Mitsubishi: MITSUBISHI MOTORS Announces Production, Sales and Export Figures for June 2020 and First Half of Calendar Year 2020
TOKYO, July 30, 2020 – (JCN Newswire) – June 2020 Summary Domestic Production– Second consecutive monthly year-on-year decrease since April 2020; 45.4% year-on-year Overseas Production– Eighth consecutive monthly year-on-year decrease since October 2019; 45.4% year-on-year Total Production– Ninth consecutive monthly year-on-year decrease since September 2019; 45.4% year-on-year Domestic Sales– Eighth consecutive monthly year-on-year decrease since… Continue reading @Mitsubishi: MITSUBISHI MOTORS Announces Production, Sales and Export Figures for June 2020 and First Half of Calendar Year 2020
Renault handed ‘wake-up call’ with record 7 billion euro loss
PARIS (Reuters) – French carmaker Renault (RENA.PA) said it had been given a wake-up call on Thursday with a record net loss of 7.29 billion euros ($8.6 billion) in the first half of the year, inflicted by the COVID-19 crisis and troubles at its alliance partner Nissan (7201.T). FILE PHOTO: A Renault car is seen… Continue reading Renault handed ‘wake-up call’ with record 7 billion euro loss