KYOTO, Japan, Aug. 03, 2021 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that it has completed yesterday, with certain exceptions, the acquisitions of: the shares of Mitsubishi Heavy Industries Machine Tool Co., Ltd. (“Mitsubishi Heavy Industries Machine Tool”), a company that designs, manufactures, and sells machine… Continue reading Nidec Completes the Acquisitions of Stock, Etc. of Mitsubishi Heavy Industries Machine Tool Co., Ltd., and Announces an Outline of Its New Subsidiaries
Tag: Mitsubishi
Electrify America to phase out CHAdeMO charging from 2022
The charging standards war ended in 2020, when Nissan announced that it would abandon the CHAdeMO DC fast charging standard in favor of the competing CCS standard. The only plug-in vehicle on sale in the US that still uses CHAdeMO is the low-volume Mitsubishi Outlander PHEV. Of course, there are still substantial numbers of older… Continue reading Electrify America to phase out CHAdeMO charging from 2022
Hino and Isuzu race for electric trucks as Chinese rivals encroach
TOKYO — Isuzu Motors and Hino Motors are making forays into no-emission light trucks next year as Japan trails other major automobile markets in embracing electrified fleets. The Japanese commercial vehicle producers are eyeing business with shipping and logistics companies while fighting the growing presence of Chinese rivals, which offer competitive prices. Hino intends to roll… Continue reading Hino and Isuzu race for electric trucks as Chinese rivals encroach
@Daimler: DICV Announces Appointment of Chief Operating Officer
Daimler India Commercial Vehicles appoints ex Wirtgen (John Deere) Chief Operating Officer Anshum Jain as COO Anshum will oversee Operations and Supplier Management & Logistics, be a key member of Executive Board Satyakam Arya, Managing Director, and CEO, Daimler India Commercial Vehicles: “Anshum is an ideal choice for the role of COO at DICV as… Continue reading @Daimler: DICV Announces Appointment of Chief Operating Officer
Mitsubishi Motors to Launch the All-New Outlander PHEV Model with a New-Generation PHEV System This Fiscal Year
With improved motor output and increased battery capacity over the current model, the all-new Outlander PHEV model delivers more powerful road performance and greater driving range. Based on the newly developed platform, integrated components and an optimized layout allow the new model to accommodate seven passengers in three rows, offering a new level of comfort… Continue reading Mitsubishi Motors to Launch the All-New Outlander PHEV Model with a New-Generation PHEV System This Fiscal Year
Bristol Street Motors acquires Renault Dacia in Leicester
Bristol Street Motors has acquired the Renault Dacia business in Leicester from Renault Retail Group UK Limited. The new dealership, the seventh Renault dealership in the Group, has been introduced at the Group’s former Citroen dealership based on Raw Dykes Road. It will showcase a range of new and used cars as well as offering… Continue reading Bristol Street Motors acquires Renault Dacia in Leicester
Carlos Ghosn: the rise and fall of a superstar CEO
The FT tells the story of the superstar chief executive who built the global carmaking alliance between Renault, Nissan and Mitsubishi. It is the tale of how a globetrotting industry titan with the world at his feet became an international fugitive July 26, 2021 Produced, directed and edited by Daniel Garrahan. Graphics by Russell Birkett.… Continue reading Carlos Ghosn: the rise and fall of a superstar CEO
Hyundai and Great Wall EVs challenge Japan’s dominance in Southeast Asia
BANGKOK — When China’s Great Wall Motor rolled out the Haval H6 hybrid sport utility vehicle in Thailand last month, the slogan for the launch — “It’s time to change” — seemed to throw down the gauntlet to the Japanese companies that enjoy a near-monopoly in Southeast Asia. Great Wall is among the Chinese and… Continue reading Hyundai and Great Wall EVs challenge Japan’s dominance in Southeast Asia
Suzuki to launch EVs by fiscal 2025, in India first
TOKYO — Japanese compact car maker Suzuki Motor will release its first all-electric vehicle by fiscal 2025, Nikkei has learned, a move that is likely to accelerate an EV shift in the category of compact cars. The new EV will be released first in India, Suzuki’s stronghold, to be followed by launches in Japan and… Continue reading Suzuki to launch EVs by fiscal 2025, in India first
EV growth propels Denso to close value gap with Honda and Ford
NAGOYA — Is a car worth more than the sum of its parts? This is a question posed by Japanese automotive supplier Denso’s near dead heat in market capitalization with Honda Motor and Ford Motor. Denso’s market cap stood at 5.78 trillion yen ($52.59 billion) as of Thursday, roughly 70% higher than a year earlier. Honda’s… Continue reading EV growth propels Denso to close value gap with Honda and Ford