SHENZHEN, China/TOKYO — The rise of electric vehicles in China is fueling a shakeout in its auto market, weeding out players lacking the wherewithal to keep pace while the government bolsters a select few players in its bid to make the country an automotive powerhouse. The mounting challenges of the Chinese market, with a cooling… Continue reading China EV price wars drive Mitsubishi out of market
Tag: Mitsubishi
Japan’s Mitsubishi Motors to end production in China
TOKYO — Mitsubishi Motors has decided to withdraw from automobile production in China, Nikkei has learned. The company has started final withdrawal talks with China’s Guangzhou Automobile Group (GAC), a major automaker with which Mitsubishi has a joint venture. Mitsubishi’s sales in China have been sluggish due to the popularity of electric vehicles and the… Continue reading Japan’s Mitsubishi Motors to end production in China
Mitsubishi Motors to exit from China production – Nikkei
TOKYO (Reuters) -Mitsubishi Motors has decided to end automobile production in China, and is discussing its exit with local joint venture partner Guangzhou Automobile Group, the Nikkei newspaper reported on Wednesday, without citing sources. GAC will likely convert the plant, in Hunan province, to a production base for electric vehicles, the paper said. Mitsubishi Motors… Continue reading Mitsubishi Motors to exit from China production – Nikkei
Variable Cam Timing Market size to grow by USD 13.48 billion from 2022 to 2027 | The market is fragmented due to the presence of prominent companies like Aichi Brand, American Axle and Manufacturing Holdings Inc. and BorgWarner Inc., and many more – Technavio
NEW YORK, Sept. 27, 2023 /PRNewswire/ — The variable cam timing market is estimated to grow by USD 13.48 billion from 2022 to 2027, growing at a CAGR of 6.58%. The variable cam timing market is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer variable cam timing market… Continue reading Variable Cam Timing Market size to grow by USD 13.48 billion from 2022 to 2027 | The market is fragmented due to the presence of prominent companies like Aichi Brand, American Axle and Manufacturing Holdings Inc. and BorgWarner Inc., and many more – Technavio
@Renault: Renault Group: The Alliance’s model is evolving towards a more efficient and agile project-driven cooperation000537
Press ReleaseSeptember 26, 2023 The Alliance’s model is evolving towardsa more efficient and agile project-driven cooperation Boulogne-Billancourt, September 26, 2023 Renault Group, Nissan Motor Co., Ltd. and Mitsubishi Motors Corporation announced on February 6th a new chapter of their Alliance, aiming to reshape their collaborative model to make it more agile, and pave… Continue reading @Renault: Renault Group: The Alliance’s model is evolving towards a more efficient and agile project-driven cooperation000537
@Renault: Renault Group : L’Alliance évolue vers une coopération plus efficace et plus agile, axée sur les projets000536
Communiqué de presse26 septembre, 2023 L’Alliance évolue vers une coopération plus efficaceet plus agile, axée sur les projets Boulogne-Billancourt, 26 septembre 2023 Renault Group, Nissan Motor Co. et Mitsubishi Motors Corporation ont annoncé, le 6 février, un nouveau chapitre de l’Alliance, visant à faire évoluer leur modèle de collaboration pour le rendre plus… Continue reading @Renault: Renault Group : L’Alliance évolue vers une coopération plus efficace et plus agile, axée sur les projets000536
Renault Group: The Alliance’s model is evolving towards a more efficient and agile project-driven cooperation
Press ReleaseSeptember 26, 2023 The Alliance’s model is evolving towardsa more efficient and agile project-driven cooperation Boulogne-Billancourt, September 26, 2023 Renault Group, Nissan Motor Co., Ltd. and Mitsubishi Motors Corporation announced on February 6th a new chapter of their Alliance, aiming to reshape their collaborative model to make it more agile, and pave… Continue reading Renault Group: The Alliance’s model is evolving towards a more efficient and agile project-driven cooperation
Renault Group : L’Alliance évolue vers une coopération plus efficace et plus agile, axée sur les projets
Communiqué de presse26 septembre, 2023 L’Alliance évolue vers une coopération plus efficaceet plus agile, axée sur les projets Boulogne-Billancourt, 26 septembre 2023 Renault Group, Nissan Motor Co. et Mitsubishi Motors Corporation ont annoncé, le 6 février, un nouveau chapitre de l’Alliance, visant à faire évoluer leur modèle de collaboration pour le rendre plus… Continue reading Renault Group : L’Alliance évolue vers une coopération plus efficace et plus agile, axée sur les projets
Japan’s MUFG Bank, two others lead $290m Sierra Space fundraising
MUFG Bank is among three Japanese firms leading a $290-million fundraising round for U.S. spaceship company Sierra Space, spearheading a commercial “spaceport” project in the southwestern region of Oita, the Nikkei daily said on Tuesday. Despite recent setbacks for national space missions, Japanese companies aiming to foray into space are increasingly deepening ties with private companies, from American giants such as SpaceX to home-grown startups. MUFG Bank, insurer Tokio… Continue reading Japan’s MUFG Bank, two others lead $290m Sierra Space fundraising
Cleantechnica: US Auto Industry Down 8% Science 2019003016
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! It’s time for another one of our quarterly US auto sales reports. No other media outlet compares US auto industry trends with as much history and depth as we do in these. First, before getting into the automaker comparisons… Continue reading Cleantechnica: US Auto Industry Down 8% Science 2019003016