Nissan’s shares have plunged by 10% in Tokyo trading after warning that it would see a record annual loss. Japan’s second largest carmaker said it expects a $4.5bn (£3.5bn) operating loss this year as the coronavirus hinders its turnaround efforts. The worse-than-expected forecast came as the company predicted its sales will be the lowest in… Continue reading Coronavirus: Nissan shares fall 10% after record loss warning
Tag: Renault
@Renault: AVTOVAZ and СDEK announce the conclusion of partnership agreement
AVTOVAZ and CDEK courier company have developed a joint corporate program ‘LADA for CDEK’. Special conditions for the purchase of new LADA cars were agreed for CDEK and its franchisees, as well as special programs for financial and operational leasing. Any CDEK partner company can contact official LADA dealer and purchase a car with a… Continue reading @Renault: AVTOVAZ and СDEK announce the conclusion of partnership agreement
F1 2020 My Team, Part 1: We’re bringing Spyker back | PlanetF1 – PlanetF1
F1 2020 gives you the chance to create your own team, so I decided to give it a go and write all about it. This can only go well… Having owned the last four editions in the Codemasters series, I’m not exactly a novice when it comes to the games. However, rocking a standard controller… Continue reading F1 2020 My Team, Part 1: We’re bringing Spyker back | PlanetF1 – PlanetF1
@niche: NISSAN’S SLOW ROLL TO OBLIVION.
By Peter M. DeLorenzo Detroit. Look at the photo below carefully. Study it. Let it sink in. It’s the Nissan Motor Co., Ltd. corporate brain trust in Yokohama on Tuesday declaring an annual operating loss for the second straight year. It’s also a picture of abject mediocrity in its purest form. How bad is it for… Continue reading @niche: NISSAN’S SLOW ROLL TO OBLIVION.
PSA-FCA deal terms hinge on strength of recovery, Tavares says – Automotive News Europe
PSA Group CEO Carlos Tavares said the strength of recovery from the coronavirus pandemic will determine whether a planned combination with Fiat Chrysler Automobiles can move ahead under terms agreed to last year. “At this stage it is premature to discuss this matter as long as we don’t see the magnitude of the rebound both… Continue reading PSA-FCA deal terms hinge on strength of recovery, Tavares says – Automotive News Europe
Electromobility: Bargain Stromer on a farewell tour – the VW e-up in the Handelsblatt autotest
VW e-up The e-up can fully exploit its advantages in the city center. This applies to the shape and functionality of the small car as well as to the electric motorization. (Photo: Alexander Möthe) Düsseldorf “Is that the one with the software problems?” Asks a passerby who drives past me and my parked car on… Continue reading Electromobility: Bargain Stromer on a farewell tour – the VW e-up in the Handelsblatt autotest
2 nabbed in ex-Nissan boss’ escape say they won’t flee US
Alanna Durkin Richer, Associated Press Published 2:21 p.m. ET July 28, 2020 | Updated 2:23 p.m. ET July 28, 2020 A U.S. magistrate judge improperly denied release to a father and son wanted by Japan on charges that they helped sneak former Nissan Motor Co. Chairman Carlos Ghosn out of that country, their attorneys said… Continue reading 2 nabbed in ex-Nissan boss’ escape say they won’t flee US
GROUPE RENAULT: Nissan contribution to Renault’s Q2 2020 earnings
July 28th, 2020Nissan contributes – €1,244 million for second quarter 2020 to Renault’s earningsNissan released today its results for the first quarter of fiscal year 2020/2021 (April 1st, 2020 to March 31th, 2021).Nissan’s results, published in Japanese accounting standards, for the first quarter of fiscal year 2020/2021 (April 1st to June 30th, 2020) will have… Continue reading GROUPE RENAULT: Nissan contribution to Renault’s Q2 2020 earnings
Ousted Renault boss appointed new head of Jaguar Land Rover
Automotive industry Frenchman Thierry Bolloré to help steer UK’s biggest carmaker through industry’s worst crisis for decades JLR boss Sir Ralf Speth will step down as CEO in September. Photograph: Yves Herman/Reuters The former boss of French car giant Renault has been appointed as chief executive of Jaguar Land Rover, the UK’s biggest carmaker. Thierry… Continue reading Ousted Renault boss appointed new head of Jaguar Land Rover
Cybellum Closes $12M in Series A Funding to Redefine Automotive Cybersecurity Risk Assessment
TEL AVIV, Israel, July 28, 2020 /PRNewswire/ — Cybellum, a leader in Automotive Cybersecurity Risk Assessment, today announced a $12 million round A funding, bringing total investment in the company to $15 million. The financing round was led by RSBG Ventures GmbH with additional investment from Cybellum existing investors, Blumberg Capital and Target Global. The funding… Continue reading Cybellum Closes $12M in Series A Funding to Redefine Automotive Cybersecurity Risk Assessment