Nissan President and CEO Makoto Uchida explains the carmaker’s strategy in China at the Beijing auto show on April 25, 2024. [Photo provided to chinadaily.com.cn] Japanese carmaker Nissan is to empower its vehicles with Chinese technology company Baidu’s expertise in generative artificial intelligence, according to a memorandum they two signed on Thursday. Nissan and Baidu… Continue reading Nissan teams up with Baidu on generative AI
Tag: Nissan
@Nissan: Nissan Formula E Team takes double points finish in Monaco001356
April 27, 2024 MONACO, Monte-Carlo – Nissan Formula E Team showed great race pace during Round 8 of the 2023/24 ABB FIA Formula E World Championship, as both Oliver Rowland and Sacha Fenestraz scored points following a tough qualifying at the Monaco E-Prix. In closely-matched groups around the Circuit de Monaco, neither driver was able… Continue reading @Nissan: Nissan Formula E Team takes double points finish in Monaco001356
@Toyota: SPARX Group Establishes Space Frontiers Second Fund
Apr. 26, 2024 SPARX Group Co., Ltd.Toyota Motor CorporationMUFG Bank, Ltd.Sumitomo Mitsui Banking CorporationMizuho Bank, Ltd.Mitsubishi Heavy Industries, Ltd.Sumitomo Mitsui Trust BankDevelopment Bank of Japan Inc. TOKYO―April 26, 2024―SPARX Group Co., Ltd. (SPARX; TSE Prime: 8739) today announced that its subsidiary SPARX Asset Management Co., Ltd. (SAM) established the Space Frontiers Second Fund. Seven companies… Continue reading @Toyota: SPARX Group Establishes Space Frontiers Second Fund
@Toyota: SPARX Group Establishes Space Frontiers Second Fund
Apr. 26, 2024 SPARX Group Co., Ltd.Toyota Motor CorporationMUFG Bank, Ltd.Sumitomo Mitsui Banking CorporationMizuho Bank, Ltd.Mitsubishi Heavy Industries, Ltd.Sumitomo Mitsui Trust BankDevelopment Bank of Japan Inc. TOKYO―April 26, 2024―SPARX Group Co., Ltd. (SPARX; TSE Prime: 8739) today announced that its subsidiary SPARX Asset Management Co., Ltd. (SAM) established the Space Frontiers Second Fund. Seven companies… Continue reading @Toyota: SPARX Group Establishes Space Frontiers Second Fund
Jaguar to stay in Formula E after reinvention as premium EV brand
Jaguar will remain in the Formula E World Championship until the end of 2030, saying that it will continue to accelerate its development of its new generation of electric road cars. The British brand has raced in the electric single-seater series since the 2016-17 season and will contests its 100th ePrix in Monaco this weekend. Jaguar… Continue reading Jaguar to stay in Formula E after reinvention as premium EV brand
Autoliv Inc (ALV) Exceeds Q1 Earnings and Revenue Estimates, Showcases Robust Growth
Revenue: Reported $2,615 million, marking a 5% increase year-over-year, surpassing the estimated $2,590.11 million. Earnings Per Share (EPS): Achieved $1.52, representing a 77% increase from the previous year, exceeding the estimate of $1.41. Adjusted EPS: Reached $1.58, up 76% year-over-year, also surpassing the estimated $1.41. Operating Margin: Improved to 7.4% from 5.1% a year earlier,… Continue reading Autoliv Inc (ALV) Exceeds Q1 Earnings and Revenue Estimates, Showcases Robust Growth
Beijing auto show: Themes and highlights
BYD said it will launch the Song L SUV with the company’s self-developed smart driving system in June. China’s largest auto show opened in Beijing with the biggest names showing off their latest electric vehicles (EVs), underlining how the world’s largest auto market is already in an all-electric state of mind, and isn’t looking back.… Continue reading Beijing auto show: Themes and highlights
Desira Group acquires Simpson Garage Great Yarmouth
Desira Group has expanded its portfolio with the addition of Simpson Garage Great Yarmouth for an undisclosed sum. Simpsons will not change the name to Desira, it will continue trading as it is. The addition of Simpsons includes new and used motorhome sales (a new area of growth for Desira), used car sales and aftersales… Continue reading Desira Group acquires Simpson Garage Great Yarmouth
CarSaver Crowned Gold Stevie® Award Winner for Most Innovative Tech Company of the Year 2024
Continued Excellence in Automotive eCommerce and Fintech Innovation Recognized on Global Stage NASHVILLE, Tenn., April 25, 2024 /PRNewswire/ — In a significant acknowledgment of its pioneering advancements in the automotive industry, CarSaver has been honored with the prestigious Gold Stevie® Award for Most Innovative Tech Company of the Year 2024. This accolade, awarded by the American Business… Continue reading CarSaver Crowned Gold Stevie® Award Winner for Most Innovative Tech Company of the Year 2024
Exclusive-Italy in talks with China’s Chery on car plant
By Giulio Piovaccari and Giuseppe Fonte MILAN (Reuters) – The Italian government is holding talks with China’s Chery Auto as part of efforts to attract another major automaker to the country in addition to Stellantis and increase national car production, two sources told Reuters. Rome wants to raise Italy’s national car production to 1.3 million… Continue reading Exclusive-Italy in talks with China’s Chery on car plant