Nissan explores sale of European plants amid falling sales: Bloomberg

FILE PHOTO: A badge is seen on the new Juke car at Nissan’s car plant in Sunderland Britain, October 10, 2019. REUTERS/Phil Noble (Reuters) – Nissan Motor Co Ltd (7201.T) is considering selling two of its European plants as the Japanese carmaker faces falling sales in the region and an industry shift toward electric cars,… Continue reading Nissan explores sale of European plants amid falling sales: Bloomberg

Honda Launches e:Technology Brand: Announces Accelerated EV Strategy

All mainstream models to be electrified in Europe quicker than previously anticipated. At the 2019 Tokyo Motor Show, Honda announced a new global “e:Technology” brand for all its electrified products (cars, motorcycles and power product ranges). In this way, the Japanese company follows other manufacturers, which also announced some kind of subbrand (like Volkswagen ID.,… Continue reading Honda Launches e:Technology Brand: Announces Accelerated EV Strategy

Martinrea International Inc. Announces Strategic Relationship With Millison Die Casting

TORONTO, Oct. 23, 2019 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced a strategic relationship with Chongqing Millison Die Casting Co., Ltd. Based in Chongqing, China, Millison manufactures and distributes… Continue reading Martinrea International Inc. Announces Strategic Relationship With Millison Die Casting

On the road to mobility in Africa

1.3 billion inhabitants. Twice as many by 2050 and probably four times as many by the year 2100. If Africa is a vibrant continent with great potential, this is the result of its demography. But this also gives rise to the many and diverse challenges across its different regions. With the increase in its population,… Continue reading On the road to mobility in Africa

Tech side Africa

Did you know? Unicorns do exist in Africa! And they’re really smart too, because they are providing services to thousands of people every day. Particularly in three areas: Fintech, agriculture and mobility. Of course, we aren’t talking about fabulous beasts with a horn, but about the many innovative local start-ups that are creating major advances… Continue reading Tech side Africa

Nissan shows Ariya EV, their upcoming Tesla Model Y competitor

Nissan has shown a closer-to-production version of their upcoming electric crossover based on the IMx concept earlier today at the Tokyo Motor Show.  The new vehicle is called the “Ariya”, and while Nissan is still calling it a “concept,” it seems to be one only in name, as the car is expected to reach production soon. Today’s… Continue reading Nissan shows Ariya EV, their upcoming Tesla Model Y competitor

Exclusive: Datsun brand set to go as Nissan rolls back Ghosn’s expansionist strategy – sources

YOKOHAMA, Japan (Reuters) – Nissan Motor Co Ltd is likely to axe its Datsun brand, drop some unprofitable products and close a number of assembly lines worldwide as it seeks to boost profits by getting smaller, two company sources with direct knowledge of the matter said. FILE PHOTO: A worker walks near a Datsun logo… Continue reading Exclusive: Datsun brand set to go as Nissan rolls back Ghosn’s expansionist strategy – sources

Toyota’s luxury Lexus brand plans battery EV launch in 2020

FILE PHOTO: Toyota Motor Corp’s Lexus brand logo is displayed at the 44th Tokyo Motor Show in Tokyo, Japan, November 2, 2015. REUTERS/Issei Kato TOKYO (Reuters) – Toyota Motor’s (7203.T) Lexus will launch its first all-battery electric vehicle next year, as the luxury brand races to market a battery-operated car amid growing competition to develop… Continue reading Toyota’s luxury Lexus brand plans battery EV launch in 2020