Japan antitrust watchdog to warn Nissan on underpaying subcontractors

TOKYO (Kyodo) — Japan’s antitrust watchdog plans to warn major automaker Nissan Motor after it unilaterally reduced payments to over 30 subcontractors, a source familiar with the matter said Monday. Nissan allegedly underpaid the companies by some 3 billion yen ($20 million) upon delivery of their services over an extended period, in violation of the… Continue reading Japan antitrust watchdog to warn Nissan on underpaying subcontractors

Nissan awaiting Japan’s antitrust committee’s verdict on underpaying contractors: Report

Nissan Motor noted on Monday that it is awaiting a final report from Japan’s antitrust committee, which local media reported had found the firm had cut down payments to several subcontracted part manufacturers on delivery, a report by Reuters noted.  The commission will demand that Nissan take steps to stave off the occurrence of underpayments,… Continue reading Nissan awaiting Japan’s antitrust committee’s verdict on underpaying contractors: Report

@niche: “STICK TO CARS.”003209

Editor’s Note: This week, Peter follows up last week’s incendiary Rant with an eloquent rebuttal to the haters out there who suggest he should “stick to cars.” In On The Table we look at a new Maserati, Aston Martin’s first motorcycle, an off-the-charts Rolls-Royce commission that defies well, everything, and we revisit the latest from Buick marketing. And our AE Song… Continue reading @niche: “STICK TO CARS.”003209

Smart Factory Market size to increase by USD 73.68 billion from 2022 to 2027, Need for simplification of complex manufacturing activities to drive the market growth, Technavio

NEW YORK, March 4, 2024 /PRNewswire/ — The smart factory market size is expected to grow by USD 73.68 billion from 2022 to 2027. However, the growth momentum of the market will be progressing at a CAGR of  9.26% during the forecast period. The need for simplification of complex manufacturing activities is notably driving the growth of… Continue reading Smart Factory Market size to increase by USD 73.68 billion from 2022 to 2027, Need for simplification of complex manufacturing activities to drive the market growth, Technavio

Cleantechnica: Tesla Full Self Driving Beta (V11.4.7.3): Over 2 Years Later 003268

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Regular Tesla customers are just starting to get Full Self Driving Beta V12. I have not. Use this article as a baseline to evaluate the improvements over V11. Also note: the new version is FSD Beta 12.2.1, so Musk… Continue reading Cleantechnica: Tesla Full Self Driving Beta (V11.4.7.3): Over 2 Years Later 003268

Plug-in Hybrid Electric Vehicle Market Size to Surpass US$ 189.47 Billion by 2030, Driven by Technological Advances and Government Incentives

DUBLIN, March 1, 2024 /PRNewswire/ — The “Plug-in Hybrid Electric Vehicle Market, Size, Global Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis” report has been added to  ResearchAndMarkets.com’s offering. The global market for Plug-In Hybrid Electric Vehicles (PHEVs) is witnessing transformational growth, with projections indicating a rise in value to approximately US$… Continue reading Plug-in Hybrid Electric Vehicle Market Size to Surpass US$ 189.47 Billion by 2030, Driven by Technological Advances and Government Incentives

Reports: Nissan in talks over £316m Fisker lifeline

Nissan is reportedly in talks to invest $400 million (£316m) in ailing electric car start-up Fisker. Fisker yesterday announced it has paused development of its affordable compact EV, the Pear, having made a loss of $463.6 million (£366m) during the fourth quarter of 2023. CEO and founder Henrik Fisker added that the company was seeking a collaboration with… Continue reading Reports: Nissan in talks over £316m Fisker lifeline

Fisker is talking to Nissan for a lifeline and electric pickup partnership

Nissan has been revealed as the potential savior of Fisker. The Japanese automaker is reportedly talking with Fisker to invest in the company and partner on electric pickup trucks. Earlier today, we reported on Fisker’s disastrous fourth-quarter results showing that the electric vehicle startup lost $400 million in 2023 and it now has less than… Continue reading Fisker is talking to Nissan for a lifeline and electric pickup partnership