Posted Feb 14 2020 at 10:14 am Updated on Feb 14 2020 at 10.49 am Renault ended a dark year in red, a first since the economic crisis of 2009. And his staff does not expect to do much better this year, the coronavirus and the Chinese prospects not helping. It is therefore necessary to… Continue reading Renault is preparing a drastic “taboo-free” savings program
Tag: Renault
Nissan sanctioned on the Tokyo Stock Exchange after the publication of its results
Posted Feb 14 2020 at 9:33 a.m. Hangover for Nissan at the Tokyo Stock Exchange this Friday. The Japanese automaker, which released its disappointing quarterly results on Thursday marked by a drop in sales and the lowering of its annual forecasts , was sanctioned immediately by the investors. At the close of the Tokyo market,… Continue reading Nissan sanctioned on the Tokyo Stock Exchange after the publication of its results
Nissan slashes profit outlook after sales slide, says more restructuring needed
YOKOHAMA (Reuters) – Nissan Motor Co (7201.T) on Thursday cut its annual operating profit forecast by 43%, hit by a slump in vehicle sales and heaping more pressure on new management to fix a company still reeling from the scandal surrounding former leader Carlos Ghosn. Nissan Motor Co CEO Makoto Uchida speaks during a news… Continue reading Nissan slashes profit outlook after sales slide, says more restructuring needed
Nissan sues Carlos Ghosn for $90m in damages
TOKYO (Kyodo) — Nissan Motor Co. said Wednesday it has filed a 10 billion yen ($90 million) damages suit against former Chairman Carlos Ghosn over “his corrupt practices,” staging a face-off with the fugitive former boss who has accused the automaker of “conspiracy” to oust him. Nissan said the lawsuit at the Yokohama District Court… Continue reading Nissan sues Carlos Ghosn for $90m in damages
Mazda delays restart of Chinese factories amid coronavirus threat
TOKYO — Mazda Motor has decided to postpone restarting production at its Chinese factories until after Feb. 17 due to the ongoing coronavirus threat. The Japanese automaker had planned to resume operations at its main factory after Feb. 12, but has delayed the reopening to next week as it struggles to deal with supply chain… Continue reading Mazda delays restart of Chinese factories amid coronavirus threat
Super GT entry “very appealing, exciting” for R-Motorsport – The Union Journal
The Swiss team revealed at the end of last month that it will certainly tip down from the German visiting cars and truck collection after simply one period of independently running the Vantage DTM under permit from Aston Martin. However, the expertise it acquired in developing the version can verify beneficial in a capacity entry… Continue reading Super GT entry “very appealing, exciting” for R-Motorsport – The Union Journal
New Renault CEO de Meo will be much better paid than predecessor
FILE PHOTO: SEAT President and CEO Luca de Meo attends the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Pierre Albouy/File Photo PARIS (Reuters) – French carmaker Renault (RENA.PA) will grant its new chief executive, Luca de Meo, a pay package of around 5.8 million euros ($6.33 million), which is an increase… Continue reading New Renault CEO de Meo will be much better paid than predecessor
In 2019 Mitsubishi Sold In Europe Almost 35,000 Outlander PHEV
Mitsubishi improved its position in Europe in 2019, by increasing sales by around 4% year-over-year to 171,906. A big part of that was due to the ongoing success of the Mitsubishi Outlander PHEV. The Japanese plug-in hybrid, with 34,729 sales (up 42% year-over-year), once again was the most popular PHEV model (third overall, behind the… Continue reading In 2019 Mitsubishi Sold In Europe Almost 35,000 Outlander PHEV
@Nissan: Nissan moves from monthly to quarterly U.S. sales reports
February 3, 2020 NASHVILLE, Tenn. – Nissan has announced it is moving from monthly to quarterly sales reporting in the U.S. market. The first quarterly sales report will be issued in early April. About Nissan North AmericaIn North America, Nissan’s operations include automotive styling, engineering, consumer and corporate financing, sales and marketing, distribution and manufacturing.… Continue reading @Nissan: Nissan moves from monthly to quarterly U.S. sales reports
Driverless Nissan LEAF Completes UK’s Longest Autonomous Trip
A driverless Nissan Leaf has completed the longest unaided journey for an autonomous vehicle in the UK as part of a research project. The 230-mile journey was for HumanDrive, a £13.5 million project jointly funded by the UK government through the Centre for Connected and Autonomous Vehicles (CCAV) and Innovate UK, and nine other consortium partners.… Continue reading Driverless Nissan LEAF Completes UK’s Longest Autonomous Trip