Japanese carmaker’s grim forecast suggests it does not expect a V-shaped recovery Go to Source
Tag: Renault
Nissan: crumple zone
Share price down by a third — but that does not fully reflect carmaker’s predicament Go to Source
Jaguar Land Rover appoints Thierry Bollore as new CEO
Ex-Renault CEO Thierry Bollore has been announced as the new CEO of Jaguar Land Rover, replacing Dr Ralf Speth, who had earlier this year announced his decision to retire at the end of his contract term, after 10 years at the helm. The Frenchman will assume his new role on 10 September 2020. N Chandrasekaran, Chairman… Continue reading Jaguar Land Rover appoints Thierry Bollore as new CEO
Nissan warns of record loss as pandemic hits turnaround
TOKYO (Reuters) – Nissan Motor Co (7201.T) warned of a record $4.5 billion operating loss this year and its lowest sales in a decade as the COVID-19 pandemic hampers its turnaround efforts. FILE PHOTO: The brand logo of Nissan Motor Corp. is seen at the front nose section of the company’s new Ariya all-battery SUV… Continue reading Nissan warns of record loss as pandemic hits turnaround
Jaguar Land Rover names Thierry Bolloré as new chief
UK carmaker turns to former Renault boss to lead group through coronavirus pandemic Go to Source
Nissan forecasts record $4.5 billion annual loss as pandemic hinders turnaround efforts
FILE PHOTO: The brand logo of Nissan Motor Corp. is seen at the front nose section of the company’s new Ariya all-battery SUV during a press preview, ahead of the world premiere, at Nissan Pavilion in Yokohama, south of Tokyo, Japan July 14, 2020. REUTERS/Issei Kato/File Photo TOKYO (Reuters) – Nissan Motor Co (7201.T) said… Continue reading Nissan forecasts record $4.5 billion annual loss as pandemic hinders turnaround efforts
@Mitsubishi: MITSUBISHI MOTORS Announces Large-Scale Investment in Mizushima Plant to Manufacture New Electric Kei-cars
TOKYO, July 28, 2020 – (JCN Newswire) – MITSUBISHI MOTORS CORPORATION (MMC) today announced that it will invest for production of new electric Kei-cars at Mizushima Plant in Kurashiki city, Okayama Prefecture starting from August 2020. This investment will be approximately JPY 8 billion. MMC is considering of developing the new electric Kei-car jointly with… Continue reading @Mitsubishi: MITSUBISHI MOTORS Announces Large-Scale Investment in Mizushima Plant to Manufacture New Electric Kei-cars
@Mitsubishi: MITSUBISHI MOTORS Announces Its Mid-Term Business Plan, Small but Beautiful, to Achieve Cost Rationalization and Profitability Enhancement for Sustain…
TOKYO, July 28, 2020 – (JCN Newswire) – MITSUBISHI MOTORS CORPORATION (MMC) today announced its three-year mid-term business plan (from fiscal 2020 to 2022), Small but Beautiful, to concentrate its management resources on its core regions and technologies. This plan focuses on cost rationalization and profitability enhancement to realize solid management foundation aiming at sustainable… Continue reading @Mitsubishi: MITSUBISHI MOTORS Announces Its Mid-Term Business Plan, Small but Beautiful, to Achieve Cost Rationalization and Profitability Enhancement for Sustain…
Nissan sees $4.5 billion annual operating loss as pandemic hinders turnaround efforts
FILE PHOTO: The brand logo of Nissan Motor Corp. is seen at the front nose section of the company’s new Ariya all-battery SUV during a press preview, ahead of the world premiere, at Nissan Pavilion in Yokohama, south of Tokyo, Japan July 14, 2020. REUTERS/Issei Kato/File Photo TOKYO (Reuters) – Nissan Motor Co (7201.T) said… Continue reading Nissan sees $4.5 billion annual operating loss as pandemic hinders turnaround efforts
Peugeot maker PSA says strong rebound underway
PARIS (Reuters) – Peugeot maker PSA Group (PEUP.PA) delivered a profit in the first half of the year even as the COVID-19 pandemic hit revenue and said a strong sales rebound in June had extended into July. FILE PHOTO: An assembly line is seen after PSA Peugeot Citroen shut down last month due to the… Continue reading Peugeot maker PSA says strong rebound underway