The Sunday Times bags world exclusive interview with Carlos Ghosn, the fugitive ex-Nissan chief – Sunday Times Driving

CARLOS Ghosn, former boss of the Renault-Nissan-Mitsubishi alliance and international fugitive, has been interviewed in a world exclusive for The Sunday Times Magazine. The article, due for publication tonight, reveals new details of Ghosn’s daring midnight escape from house arrest in Tokyo, why he ran (at great risk to himself), his current life in exile in… Continue reading The Sunday Times bags world exclusive interview with Carlos Ghosn, the fugitive ex-Nissan chief – Sunday Times Driving

Nissan trims annual loss forecast to $5.8bn as sales improve

TOKYO — Nissan Motor on Thursday forecast a net loss of 615 billion yen ($5.8 billion) for the fiscal year through March, a slight upward revision from previous guidance, helped by an improvement in sales and the implementation of cost-cutting measures, but analysts said it still faces a long road to profitability. The outlook for the… Continue reading Nissan trims annual loss forecast to $5.8bn as sales improve

Nissan’s civil lawsuit against Carlos Ghosn to get first hearing

The first hearing for Nissan Motor Co.’s lawsuit against Carlos Ghosn is scheduled to take place in Yokohoma on Friday, part of the Japanese automaker’s efforts to claim 10 billion yen ($95 million) in damages from its former chairman. Nobuo Gohara, an ex-prosecutor and critic of Japan’s justice system, said he and a team of… Continue reading Nissan’s civil lawsuit against Carlos Ghosn to get first hearing

@Mitsubishi: MITSUBISHI MOTORS Releases Full Specifications for the Restyled ECLIPSE CROSS – New Design and Drive Performance Lead the Changes

TOKYO, Nov 10, 2020 – (JCN Newswire) – MITSUBISHI MOTORS CORPORATION (MMC) today announced the full pricing and specifications of gasoline model(1) for the new-look and better-handling ECLIPSE CROSS. Australia and New Zealand will be the first countries to launch the vehicle, with Japan and North America markets to follow. The redesign gives a more… Continue reading @Mitsubishi: MITSUBISHI MOTORS Releases Full Specifications for the Restyled ECLIPSE CROSS – New Design and Drive Performance Lead the Changes

@Mitsubishi: Mitsubishi Motors Announces Additions And Improvements Across Its U.S. Dealership Network

Additionally, MMNA marked the completion of four new-construction or heavily renovated facilities opened under the company’s corporate Visual Identity Program. The stores executed comprehensive renovations of their existing structures, or built new structures entirely, to align with the new era of Mitsubishi Motors’ retail experience. The program points to the modernization and reinvention of the… Continue reading @Mitsubishi: Mitsubishi Motors Announces Additions And Improvements Across Its U.S. Dealership Network

Wireless charging provider WiTricity raises $34 million in venture capital

Wireless power transfer specialist WiTricity has closed a $34-million investment round. Stage 1 Ventures led the round, and investors included Air Waves Wireless Electricity and Mitsubishi Corporation (Americas). The infusion of capital will enable WiTricity to continue its wireless power platform development and expand its intellectual property portfolio. WiTricity is actively engaged with key standards… Continue reading Wireless charging provider WiTricity raises $34 million in venture capital

@Daimler: Daimler Trucks and Torc partner with Luminar to enable automated trucking – Daimler Trucks acquires minority stake in Luminar

Stuttgart, Germany / Palo Alto, CA, U.S. – Today, Luminar Technologies, Inc., the global leader in automotive lidar hardware and software technology, and the world’s largest commercial vehicle manufacturer, Daimler Truck AG, announced a strategic partnership to enable highly automated trucking, starting on highways. Experts at Daimler Trucks, its U.S. subsidiary, Daimler Trucks North America (DTNA)… Continue reading @Daimler: Daimler Trucks and Torc partner with Luminar to enable automated trucking – Daimler Trucks acquires minority stake in Luminar

@Mitsubishi: MITSUBISHI MOTORS Starts Production of XPANDER in Malaysia

TOKYO, Oct 29, 2020 – (JCN Newswire) – MITSUBISHI MOTORS CORPORATION (MMC) has started production of its crossover MPV XPANDER in Malaysia. This is the third country where MMC produces the vehicle following Indonesia and Vietnam. The XPANDER is produced at Hicom Automotive Manufacturers (Malaysia) Sdn. Bhd., a vehicle assembly contractor in Malaysia, and will… Continue reading @Mitsubishi: MITSUBISHI MOTORS Starts Production of XPANDER in Malaysia

@Daimler: Going digital in Indonesia: FUSO distributor begins innovative online sales approach amid COVID-19

Stuttgart / Tokyo / Jakarta — FUSO distributor PT Krama Yudha Tiga Berlian Motors (KTB) is now collaborating with its dealer network to sell trucks and buses online for easy access amidst coronavirus-related restrictions. Customers in Indonesia are now able to purchase a FUSO truck on Tokopedia, the largest online marketplace platform in the country.… Continue reading @Daimler: Going digital in Indonesia: FUSO distributor begins innovative online sales approach amid COVID-19

@Daimler: Daimler Trucks and Waymo partner on the development of autonomous SAE Level 4 trucks

Stuttgart, Germany / Mountain View, USA – Daimler Trucks and Waymo have signed a broad, global, strategic partnership to deploy autonomous SAE L4 technology. Their initial effort will combine Waymo’s industry-leading automated driver technology with a unique version of Daimler’s Freightliner Cascadia, to enable autonomous driving. Waymo brings over a decade of experience building the… Continue reading @Daimler: Daimler Trucks and Waymo partner on the development of autonomous SAE Level 4 trucks