Tag: Nissan

Nissan pulls the plug on +$1 billion EV battery plant and more as the alarm bells go off

As it scrambles to turn things around, Nissan is scrapping plans to build a new LFP battery plant in Japan. The facility was expected to be key to reducing EV battery costs to keep up with leaders like BYD. With alarm bells ringing, Nissan is preparing to cut 20,000 jobs, or about 15% of its… Continue reading Nissan pulls the plug on +$1 billion EV battery plant and more as the alarm bells go off

New Nissan CEO Announces Major Restructuring: 20,000 Job Cuts and Plant Closures

Nissan Motor Co., Ltd., one of Japan’s leading automakers, has announced aggressive restructuring measures this week under a new CEO who took over last month. These include doubling previously planned job cuts to 20,000, suspending operations at select domestic factories in Japan, and closing seven production plants globally by fiscal year 2027. Escalation of Job… Continue reading New Nissan CEO Announces Major Restructuring: 20,000 Job Cuts and Plant Closures

GOP tax bill helps its biggest donor Musk, but harms his company, Tesla

Republicans announced a new tax plan today and it’s just about as bad for America as expected, taking money for healthcare, clean air and energy efficiency from American families and sending it to the ultra-wealthy instead. You might think that this helps one of those ultra-wealthy, Elon Musk, who gave hundreds of millions of dollars… Continue reading GOP tax bill helps its biggest donor Musk, but harms his company, Tesla

Is Slate Auto’s Electric Truck the Answer to Expensive Cars?

When Slate Auto, a start-up, unveiled a roughly $25,000 electric pickup truck last month, social media lit up with comments. Many people saw the no-frills vehicle, with an easy-to-repair body and nostalgic hand crank windows, as a refreshing antidote to today’s overstuffed and increasingly unaffordable cars. How unaffordable? Average monthly payments on new cars have… Continue reading Is Slate Auto’s Electric Truck the Answer to Expensive Cars?

Honda Motor reports 76% plunge in operating profit in huge earnings miss

Honda is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC Japanese auto giant Honda missed fiscal fourth-quarter earnings estimates as operating profit plunged 76%, with the company bracing for the full impact of U.S. tariffs. Here are Honda’s results compared with mean estimates from LSEG: Revenue: 5.36… Continue reading Honda Motor reports 76% plunge in operating profit in huge earnings miss

ZNA Z9: The “Rugged New Player” in Pickup Kicks Off Pre-sales

ZHENGZHOU,China, April 30, 2025 /PRNewswire/ — On March 31, the grand pre-sale launch event for the “Rugged Off-road Pickup Player” Zhengzhou Nissan (referred to herein as ZNA) Z9 was held in Beijing, China. This strategic new pickup model from ZNA has officially begun its pre-sales phase, with two exciting versions: the Z9 and the Z9… Continue reading ZNA Z9: The “Rugged New Player” in Pickup Kicks Off Pre-sales

@Toyota: [Toyota Times] Lunar Cruiser’s First Test Run! The Secrets to Moon Mobility

More than half a century after humans first set foot on the Moon through the Apollo program (1961-72), a new project is underway to return people to the lunar surface. From 2027, the Artemis program led by the United States National Aeronautics and Space Administration (NASA) will send humans to the Moon’s surface to establish… Continue reading @Toyota: [Toyota Times] Lunar Cruiser’s First Test Run! The Secrets to Moon Mobility