Japanese-carmaker Nissan has licensed its advanced technology to APB Corporation that will allow mass production of lower-cost, safer lithium-ion batteries with increased charging capacity. Tokyo-based APB is backed by investment from major companies and plans to build a factory in Japan that will use Nissan’s technology to make all-polymer batteries for storage use. Nissan says… Continue reading Nissan licenses li-ion battery tech to APB Corporation to allow for low-cost mass-production
Tag: Renault
Press Releases – COVID-19: Automotive industry signs joint Code of Business Conduct to support re-start of production
Brussels, 15 April 2020 – CLEPA (the European Automotive Suppliers’ Association) and ACEA (the European Automobile Manufacturers’ Association) have jointly adopted a ‘Code of Business Conduct in view of COVID-19’ to support a rapid and smooth restart of the automotive industry. The automotive eco-system resembles an intricate clockwork and today’s unprecedented standstill of operations risks… Continue reading Press Releases – COVID-19: Automotive industry signs joint Code of Business Conduct to support re-start of production
Carmakers from Audi to Renault begin rebooting European plants – Pittsburgh Post-Gazette
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Toyota, Renault and VW to reopen European plants
Some car factories to resume production after last month’s industry-wide shutdown Go to Source
RENAULT: Groupe Renault sets its new Strategy for China
PRESS RELEASE Groupe Renault sets its new Strategy for ChinaGroupe Renault will focus in China on light commercial vehicles (LCV) and electric vehicles (EV).Groupe Renault will transfer its shares in Dongfeng Renault Automotive Company Ltd (DRAC) to Dongfeng Motor Corporation. DRAC will stop its Renault brand-related activities.LCV business is operated through Renault Brilliance Jinbei Automotive… Continue reading RENAULT: Groupe Renault sets its new Strategy for China
@Renault: AVTOVAZ Group resumes production
April 13, 2020, in accordance with the decree of the government of the Samara region, AVTOVAZ JSC, as a system-forming enterprise, resumed the operation of assembly lines in Togliatti. The LADA Izhevsk plant in Udmurtia also resumed its work. AVTOVAZ`s top priority is the health and safety of every employee. The company is fully ready… Continue reading @Renault: AVTOVAZ Group resumes production
Production to resume on April 21 at Toyota’s Onnaing plant
The Toyoita factory in Onnaing, which assembles little Yaris, has been shutdown since mid-March due to the coronavirus epidemic. It should restart on April 21 with two teams, against three before the epidemic. “We wanted to make a gradual restart to have a serene atmosphere and get the staff used to collective and individual protection… Continue reading Production to resume on April 21 at Toyota’s Onnaing plant
Nissan reportedly wants a $4.6 billion lifeline to ‘engineer a desperately needed turnaround’ amid the coronavirus pandemic
With the ongoing COVID-19 pandemic, car sales have plummeted and factories have been idled – leaving many automakers scrambling for cash.Nissan isn’t the only automaker struggling right now, however.Toyota, Fiat Chrysler, and others have also requested new credit lines while people continue to stay home and car sales plummet as a result.A supposed restructuring plan, scheduled to roll out next month and through March 2023, could slash 1 million cars from annual sales targets.
Renault Samsung, union tentatively OK wage deal for 2019
Renault Samsung Motors Corp. said Friday it has reached a tentative agreement with its union over wages for last year as the automobile industry tries to cope with the coronavirus outbreak, the company said Friday.Union workers held a two-week partial strike in January, causing production losses of about 10,400 vehicles worth about 200 billion won.To offset the reduction in the Rogue production, Renault Samsung badly needs to secure export volume for the XM3 compact SUV, but the company is still in talks with its parent company Renault, and no decision has been made yet.
Nissan restructuring may assume cut of 1 mln cars to annual sales target -sources
TOKYO/BEIJING (Reuters) – Nissan Motor Co Ltd’s (7201.T) management has become convinced the struggling automaker needs to be much smaller and a restructuring plan due out next month would likely assume a cut of 1 million cars to its annual sales target, senior company sources said. FILE PHOTO: A Nissan logo is pictured during the… Continue reading Nissan restructuring may assume cut of 1 mln cars to annual sales target -sources