Nissan to lay off 700 contract workers in Mississippi

The Nissan logo is displayed at the North American International Auto Show in Detroit, Michigan, U.S., January 15, 2019. REUTERS/Brendan Mcdermid (Reuters) – Nissan Motor Co Ltd’s (7201.T) U.S. arm said on Thursday it plans to lay off up to 700 contract workers at its Mississippi assembly plant, citing slowing sales of its vans and… Continue reading Nissan to lay off 700 contract workers in Mississippi

Nissan ‘Altima-te AWD’ project vehicle debuts in Canada

Equipped with a heavy-duty track system, the “Altima-te AWD” project vehicle makes its global debut at the Montreal International Auto Show Embed this cinemagraph on your website MONTREAL, Quebec – It’s a sedan unlike anything Nissan has presented before – a project vehicle representing a new era of all-wheel drive (AWD) capability and an additional… Continue reading Nissan ‘Altima-te AWD’ project vehicle debuts in Canada

Nissan challenges Tesla in massive shift to electric with ‘complete reinterpretation’ of the car

Paul Eisenstein/CNBC
The Nissan IMs electric sports sedan at the 2019 North American International Auto Show in Detroit on Monday, Jan. 14, 2019.

While most of the products debuting at this year's North American International Auto Show give a glimpse of what will be coming to showrooms before the end of the year, Japanese automaker Nissan and its luxury Infiniti brand, are looking a bit further into the future with a pair of radical battery-electric vehicle concepts.

The Nissan IMs and Infiniti QX Inspiration, unveiled in Detroit this week, don't just hint at the broad plans the two marques have to electrify their lineups. The models imagine what Nissan's North American CEO described as a “complete reinterpretation” of how tomorrow's zero-emissions vehicles will be designed and engineered. Among other things, that will allow them to create vastly more roomy interiors by all but eliminating the traditional engine compartment.

“Our strategy with electric vehicles isn't if it will happen, but when it will happen,” Nissan North America CEO Denis Le Vot said as he lifted the covers on the IMs concept vehicle during a news conference at the show.

Nissan was the first major automaker to launch a high-volume battery-electric vehicle and, since the Leaf hatchback came to market in 2011, it has become the world's best-selling BEV. It has been losing momentum, however, as competitors like the Tesla Model 3 and Chevrolet Bolt EV have come to market. To kick-start sales, the automaker last week announced it will increase the range of the Leaf by about 50 percent, to 226 miles.

Photo: Paul Eisenstein
2019 Nissan Leaf

But the Leaf also will be getting company in the coming years. Le Vot also announced in Detroit that Nissan will have eight all-electric models in its global fleet by 2022. Alliance partners Renault and Mitsubishi are bringing out four more. The Japanese maker alone is forecasting it will see about 1 million BEVs annually by mid-decade.

While the Nissan brand will continue to market conventionally powered gas and diesel models for the foreseeable future, the Infiniti division is planning an even more aggressive transformation, said Christian Meunier, the recently named CEO of the Infiniti brand, which is based in Hong Kong.

Starting in 2021, all products will be electrified, he said in an interview. In the case of Infiniti, that will mean both battery-electric vehicles and what are known as serial plug-in hybrids. These have range-extending gas engines on board, but if they fire up they only serve as generators, sending power to the electric motors that actually drive the wheels.

“It will take about two to three years” to phase out conventional drivetrains, Meunier estimated.

Infiniti suffered an embarrassing moment at the auto show on Monday, when its QX Inspiration concept initially failed to roll out onto the stage, as planned, due to a problem with its electric drivetrain. Despite that setback, Meunier called the prototype “the embodiment of our future in the form a striking electric crossover.”

The QX Inspiration is loaded with upscale features, including a marble center console and a Japanese redwood roof liner. But like the less exotically finished Nissan IMs, what really matters is the actual layout of the vehicle.

Paul Eisenstein/CNBC
The Infiniti QX Inspiration at the 2019 North American International Auto Show in Detroit on Monday, Jan. 14, 2019.

Indeed, both concepts place their battery packs, motors and other key drivetrain components under their load floors. That means there is virtually nothing left that would require a conventional engine compartment. So, both IMs and QX Inspiration adopt a very “cab-forward” design, as global Nissan corporate design director Alfonso Albaisa calls it. That recaptures much of the area that normally would be under the hood, yielding the equivalent of a full-size interior in a compact car's footprint.

“We think this is a unique opportunity to improve the ergonomics of our vehicles,” said Karim Habib, Infiniti's design chief.

Meunier noted that Infiniti and Nissan will consolidate the prototype platforms used for the IMs and QX Inspiration concepts by the time production versions come to market, reducing development costs and increasing efficiencies.

Both concepts also feature fully autonomous driving capabilities, though motorists can drive manually if they prefer. In fully driverless mode, however, Habib and Albaisa noted vehicles could be transformed into mobile living rooms or offices, with steering wheels retracting and seats being allowed to swivel so occupants can face one another.

How soon fully autonomous technology will be ready for production is a matter of debate, but the push to electrification — and with it a major shift in auto design — is already underway. Jaguar adopted a more cab-forward approach with the new I-Pace battery SUV it launched for the 2019 model year, and other brands are expected to follow.

Paul Eisenstein/CNBC
The Nissan IMs electric sports sedan at the 2019 North American International Auto Show in Detroit on Monday, Jan. 14, 2019.

Renault says it is considering new governance, CEO Ghosn succession

FILE PHOTO: General view of the Renault automaker company headquarters is seen in Boulogne-Billancourt, near Paris, France November 21, 2018. REUTERS/Gonzalo Fuentes/File Photo PARIS (Reuters) – Renault (RENA.PA) confirmed on Thursday that it was considering new leadership to replace embattled Chairman and CEO Carlos Ghosn, after French Finance Minister Bruno Le Maire called publicly for… Continue reading Renault says it is considering new governance, CEO Ghosn succession

Chinese group wants to crack prices for electric cars in the United States

The trade war between Beijing and Washington do not scare Kandi Technologies. This Chinese manufacturer who develops with Geely, “mini” electric cars, intends to tackle the US market with its model K22 and SUV, the EX3. Listed on NasdaqIn June 2018, Kandi Technologies acquired the Texan distributor Sportsman Country for $ 10 million. He works… Continue reading Chinese group wants to crack prices for electric cars in the United States

Communication of the Lead Independent Director and the Chair of the Appointment and Governance Committee

Philippe Lagayette, Lead Independent Director, and Patrick Thomas, Chair of the Appointment and Governance Committee confirm that the governing bodies of Renault are actively working to find the best solution for the future governance of the group, with a view to preserving the company’s interests and strengthening the Renault Nissan Alliance.   The Board of… Continue reading Communication of the Lead Independent Director and the Chair of the Appointment and Governance Committee

Renault executives, French government officials to meet Nissan CEO: Nikkei

TOKYO/PARIS (Reuters) – Renault executives and French government officials were planning to meet Nissan CEO Hiroto Saikawa in Japan on Thursday, Japanese media said, as the automakers consider their partnership in the wake of alliance Chairman Carlos Ghosn’s arrest. FILE PHOTO: The logos of car manufacturers Renault and Nissan are seen in front of a… Continue reading Renault executives, French government officials to meet Nissan CEO: Nikkei

“Permanently prevented”: France drops Renault CEO Ghosn

REUTERS Carlos Ghosn has been imprisoned in Japan for two months: “There must be a new stage if Ghosn is permanently prevented” The French government is now seeking a replacement of Carlos Ghosn as head of the automaker Renault Show stock market chart on. Finance Minister Bruno Le Maire told TV channel LCI on Wednesday… Continue reading “Permanently prevented”: France drops Renault CEO Ghosn

Carlos Ghosn’s lawyer appeals the refusal of his release

Despite the accumulation of revelations against him, Carlos Ghosn’s defense intends to get him out of prison. On Thursday, the Tokyo court said the lawyers for the formerCEO from Nissan and still formally CEO of Renault , incarcerated in Japan for almost two months, appealed the refusal to release their client on bail. Under the… Continue reading Carlos Ghosn’s lawyer appeals the refusal of his release

French Government Calls for Carlos Ghosn to Be Replaced as Renault’s Leader – The New York Times

PARIS — For nearly three months, as its chairman and chief executive, Carlos Ghosn, remained jailed in Tokyo on allegations of financial misconduct, the French carmaker Renault stood by him. But with Mr. Ghosn now facing the prospect of being detained for an extended period after a Tokyo court on Tuesday rejected his bail request,… Continue reading French Government Calls for Carlos Ghosn to Be Replaced as Renault’s Leader – The New York Times