Nissan ‘could pull out of EU and expand in UK after hard Brexit’

Nissan Carmaker considers focusing on UK market if there are tariffs on exports, according to report Workers on the production line at Nissan’s factory in Sunderland. Photograph: Owen Humphreys/PA Nissan has reportedly drawn up contingency plans to pull out of manufacturing in mainland Europe in the event of a hard Brexit in favour of ramping… Continue reading Nissan ‘could pull out of EU and expand in UK after hard Brexit’

Mitsubishi Motors Reports January 2020 Sales

Sales of Outlander, Mitsubishi’s adventurous and enduring three-row, seven-passenger CUV, were up nearly 66 percent over January of 2019. Sales of the stylish and sporty Eclipse Cross increased more than 35 percent over the January prior. Mitsubishi Motors reported its seventh-straight year of sales increases in 2019, marking a 2.5 percent increase over the year… Continue reading Mitsubishi Motors Reports January 2020 Sales

@Renault: Renault unveils New MEGANE and MEGANE E-TECH Plug-in: ever more technology to enhance driving pleasure

Download Conditions All materials on this website are the sole property of Renault SAS and/or of its subsidiaries or of any third party having granted Renault SAS permission to use them. Please note that these materials are for editorial use only. Commercial use, including advertising, marketing and merchandising, is strictly prohibited. All trademarks are the… Continue reading @Renault: Renault unveils New MEGANE and MEGANE E-TECH Plug-in: ever more technology to enhance driving pleasure

France’s Renault extends Wuhan plant closure to Feb. 13

Employees work at Renault’s assembly plant in Wuhan, Hubei province, China, February 1, 2016. Renault plans to put China at the centre of its strategic plan for 2017-2022, Chief Executive Carlos Ghosn said on Monday at the inauguration of the firm’s first assembly plant in Wuhan, central China. REUTERS/Darley Shen PARIS (Reuters) – French carmaker… Continue reading France’s Renault extends Wuhan plant closure to Feb. 13

Toyota uses big data to guard against accelerator-brake mix-up

FILE PHOTO: Toyota logo is seen in Tokyo Motor Show in Tokyo, Japan October 24, 2019. REUTERS/Soe Zeya Tun/File Photo TOKYO (Reuters) – Toyota Motor Corp unveiled an emergency safety system on Monday that uses big data to ignore the accelerator if it determines the driver steps on the pedal unintentionally. Japan’s biggest car maker… Continue reading Toyota uses big data to guard against accelerator-brake mix-up

Japan’s Nidec set to focus on electric vehicle powertrains to treble sales

Japan’s Nidec Corp plans to more than treble its revenue over the next five years by focusing on electric vehicle powertrains and buying specialists in motor technologies, two people familiar with the matter told Reuters. The world’s leading maker of precision motors which supplies parts for Apple’s iPhones is expected to detail its plans as soon as Tuesday when it will… Continue reading Japan’s Nidec set to focus on electric vehicle powertrains to treble sales

Lack of R&D funding leaves Japan Inc. in digital age dust

TOKYO — Corporate Japan, once renowned for technological innovation, is not only lagging behind the U.S. in research and development spending but is becoming less eager to take risk and invest in untested fields. Amazon.com, Facebook, Apple, Microsoft and Google parent Alphabet alone are set to outspend all Japanese companies combined. Analyst projections compiled by QUICK-FactSet… Continue reading Lack of R&D funding leaves Japan Inc. in digital age dust

Aston Martin delays electric car plans after raising emergency funds – The Verge

Aston Martin has officially delayed all plans for electric vehicles after taking on a desperately-needed new investment from Formula One billionaire Lawrence Stroll. The company says it has indefinitely suspended its first electric car, the Rapide E, after refusing to confirm rumors about the project earlier this month. And it has pushed the launch of… Continue reading Aston Martin delays electric car plans after raising emergency funds – The Verge

Mitsubishi Motors posts surprise Q3 operating loss as car sales slide

Mitsubishi Motors Corp on Friday posted a surprise operating loss in the third quarter, its worst quarterly performance in more than three years, hurt by falling sales in China, Japan and South-east Asia, as well as a stronger yen.The carmaker posted an operating loss of 6.6 billion yen (US$60.2 million) for the October-December quarter, missing an average forecast for a profit of 11.6 billion yen.Mitsubishi stuck to an earlier forecast for a 73 per cent drop in full-year operating profit to 30 billion yen in the year to March.

DPD buys 300 electric vans for zero emission deliveries

Logistics specialist DPD has placed an order for 300 electric vans in the UK, creating the country’s largest zero emission parcel delivery fleet. The new vans, all Nissan e-NV200 models, will be operational by May, boosting the size of DPD’s electric fleet to 450 vehicles. The delivery firm aims to have 500 EVs by the… Continue reading DPD buys 300 electric vans for zero emission deliveries