Industry veteran will oversee Sales, Aftersales, and Franchise Development activities in the West-Central Region for Mitsubishi Motors North America, Inc. Reports to President & CEO, Mark Chaffin FRANKLIN, Tenn., Feb. 27, 2025 /PRNewswire/ — Mitsubishi Motors North America, Inc. (MMNA) today announces the appointment of Michael Helgesen as West-Central Regional Vice President. With over 35… Continue reading Mitsubishi Motors Appoints Michael Helgesen as West-central Regional Vice President
Tag: Renault
Nissan looks to replace CEO after Honda deal falls through the cracks: Report
Nissan Motor co. is working on plans to replace its CEO as the Honda Nissan talks fell through the cracks. This also comes on the back of another report of poor set of earnings, persons in the know told Bloomberg. Nissan directors are assessing interest in suitable candidates to succeed the company veteran Makoto Uchida,… Continue reading Nissan looks to replace CEO after Honda deal falls through the cracks: Report
January new car pre-registration figures
SMMT released figures for January pre-registrations in the UK new car market. The data shows the number of cars disposed of by vehicle manufacturers in January 2025 that were defined as pre-registrations. The Supply of New Cars Order 2000 requires motor manufacturers to publish the number of pre-registered cars supplied and the gross income received… Continue reading January new car pre-registration figures
Tesla stock sinks as Europe sales tank on rival offerings, Musk blowback
Tesla’s (TSLA) stock dropped on Tuesday as a new report shows demand woes are picking up in Europe, with sales dropping a precipitous 45% in January. Only 9,945 Tesla EVs were registered in Europe, down from 18,161 a year ago in January, per the European Automobile Manufacturers’ Association. Meanwhile, overall electric vehicle sales jumped 37.3%,… Continue reading Tesla stock sinks as Europe sales tank on rival offerings, Musk blowback
Stellantis. The 2024 profit fell of 70%: what consequences for the bonuses of factories employees in France?
The car manufacturer published on Wednesday, February 26, published net profit in high decrease over the year 2024, to 5.5 billion euros (-70%), for an operating margin of 5.5%. The group notably calls into question its difficulties in North America, on the way to being settled according to him. Results that will result in lower… Continue reading Stellantis. The 2024 profit fell of 70%: what consequences for the bonuses of factories employees in France?
UK battery start-up to begin cell production this year
British battery start-up Volklec will begin producing cells in Coventry later this year. It has licensed two lithium ion designs from Chinese firm Far East Battery, each measuring 21mm in diameter and 70mm in length. The first to enter production will be a cell for e-bikes and suchlike, using nickel-manganese-cobalt (NMC) chemistry, followed by a new and more powerful… Continue reading UK battery start-up to begin cell production this year
German Manager Magazin: Tesla: New registrations in the EU halved in January, although electric cars as a whole, according to ACEA, on Aufwind003994
While the new registrations of Electric cars The number of the US electric autopionier has risen at the EU car market in January Tesla broken in in January. The new registrations of Tesla vehicles decreased by half to 7517 cars compared to the same period in the previous year, as the European manufacturer Association ACEA… Continue reading German Manager Magazin: Tesla: New registrations in the EU halved in January, although electric cars as a whole, according to ACEA, on Aufwind003994
Car makers suffer punishing year in China – with more woe to come
Aston Martin CEO Adrian Hallmark recalled the disbelief from seasoned luxury car dealers at the speed of the sales collapse in China. “You sit around the table with them and they’re saying ‘what is this?’. They’ve never experienced a recession; it has been constant growth for 25 years.” Global car makers, from boutique luxury brands… Continue reading Car makers suffer punishing year in China – with more woe to come
German FAZ: You had no choice008800
How nice it is to have a choice often only notices when he has no more. In a free market, which, managed by the invisible hand, fulfills the preferences of all participants as far as their willingness to pay, however, should always be the freedom of choice. Which does not mean that every provider strives… Continue reading German FAZ: You had no choice008800
Latest News In Electric Vehicles – Surge In Demand Drives Growth In EV Test Equipment Market
The “EV Test Equipment – Global Strategic Business Report” highlights the significant growth trajectory in the electric vehicle (EV) test equipment market, propelled by the escalating demand for real-time data and comprehensive testing solutions. With the market projected to grow from $133.7 million in 2024 to $489.7 million by 2030, a CAGR of 24.2%, this… Continue reading Latest News In Electric Vehicles – Surge In Demand Drives Growth In EV Test Equipment Market