Tag: Renault

Mitsubishi Motors losses to hit $3.4bn in FY2020 due to COVID

TOKYO — Mitsubishi Motors said on Monday it expects a group net loss of 360 billion yen ($3.4 billion) for the year ending March 2021, marking the second straight year of red ink, as sales cratered due to the coronavirus pandemic. Mitsubishi, which is owned 34% by Nissan Motor, expects sales to drop 35% to… Continue reading Mitsubishi Motors losses to hit $3.4bn in FY2020 due to COVID

Mitsubishi Motors sees loss for second year in a row, will discontinue Pajero SUV

TOKYO (Reuters) – Japan’s Mitsubishi Motors Corp (7211.T) on Monday forecast its second straight year of losses hurt by a plunge in sales due in part to the coronavirus pandemic. FILE PHOTO: Mitsubishi Mi-Tech concept car is seen in Tokyo Motor Show in Tokyo, Japan October 24, 2019. REUTERS/Soe Zeya Tun/File Photo Japan’s No. 6… Continue reading Mitsubishi Motors sees loss for second year in a row, will discontinue Pajero SUV

Mitsubishi Motors forecasts full-year loss due to falling car sales

FILE PHOTO: Mitsubishi Mi-Tech concept car is seen in Tokyo Motor Show in Tokyo, Japan October 24, 2019. REUTERS/Soe Zeya Tun/File Photo TOKYO (Reuters) – Japan’s Mitsubishi Motors Corp (7211.T) on Monday forecast an operating loss of 140 billion yen ($1.33 billion) in the year to March as the automaker battles a fall in demand… Continue reading Mitsubishi Motors forecasts full-year loss due to falling car sales

Nissan plots large electric SUV with 500km range

Nissan’s electric line-up could soon include a large SUV, joining the Leaf and the new Ariya SUV that will be launched in late 2021. As Nissan’s third bespoke electric model, a large SUV is a natural next step given the demand for such vehicles in China and the US, as well as the company’s role in the Renault-Nissan-Mitsubishi Alliance to lead projects involving… Continue reading Nissan plots large electric SUV with 500km range

In French Town Of Appy, All Residents Will Drive Renault ZOE

Renault announced an interesting project to enable an entire town in France to go electric! It is happening in the town of Appy in the Ariege region in the southern part of the country. All residents (there are only about 25 of them according to Wikipedia) will be driving Renault ZOE over the next three years… Continue reading In French Town Of Appy, All Residents Will Drive Renault ZOE

Ex-Nissan boss Ghosn says Renault-Nissan financial results ‘pathetic’ – The Japan Times

Paris – Former Nissan Motor Co. Chairman Carlos Ghosn took a swipe at his old employers in a newspaper interview on Sunday, calling the Renault and Nissan results “pathetic,” driven as much by a lack of joint leadership than the COVID-19 pandemic. Ghosn, who was also the chairman of Mitsubishi Motors Corp., was arrested in… Continue reading Ex-Nissan boss Ghosn says Renault-Nissan financial results ‘pathetic’ – The Japan Times

GIG Car Share Chooses the Ridecell Platform for its Expansion into Seattle – WFMZ Allentown

SAN FRANCISCO, July 8, 2020 /PRNewswire/ — Ridecell Inc., the leading platform provider for shared mobility operators, today announced that GIG Car Share, powered by AAA Northern California, will use the Ridecell High-yield Mobility Platform for its expansion to Seattle. Gig already uses Ridecell for its other operating cities, including Sacramento and the San Francisco Bay Area. The Ridecell platform… Continue reading GIG Car Share Chooses the Ridecell Platform for its Expansion into Seattle – WFMZ Allentown