TOKYO — Mitsubishi Motors will slash output by 16,000 units worldwide in May, the Japanese automaker said Friday, after a factory fire at key supplier Renesas Electronics squeezed the already tight global supply of automotive semiconductors. Mitsubishi will eliminate 11 shifts next month, mainly night hours, at its Mizushima plant in Japan, which produces kei minicars and the RVR sport utility vehicle. The… Continue reading Mitsubishi cuts output by another 16,000 vehicles on chip crunch
Tag: Mitsubishi
Daimler AG: Management Board appointments for Truck CEO Daum and Chief Financial Officer Wilhelm extended
STUTTGART, Germany, April 23, 2021 /PRNewswire/ — The Supervisory Board of Daimler AG at its meeting on April 23, 2021 extended the appointments of management board members Martin Daum and Harald Wilhelm. The appointments of Martin Daum (61), as member of the board of management for Daimler AG and Chief Executive of Daimler Truck AG,… Continue reading Daimler AG: Management Board appointments for Truck CEO Daum and Chief Financial Officer Wilhelm extended
@Renault: GROUPE RENAULT: QUARTERLY INFORMATION AT MARCH 31, 2021000210
PRESS RELEASE #RenaultResults First quarter revenues supported by price discipline in a still disturbed environment due to the pandemic Group revenues reached €10 billion (-1.1%) in the first quarter of 2021. At constant exchange rates1, revenues would have been up 4.4%. Automotive excluding AVTOVAZ revenues were stable at €8.6 billion. The highlight of the quarter… Continue reading @Renault: GROUPE RENAULT: QUARTERLY INFORMATION AT MARCH 31, 2021000210
Japan’s Sagawa to buy 7,200 low-priced EVs made in China
TOKYO — Sagawa Express, a subsidiary of Japan’s SG Holdings, has decided to purchase 7,200 low-priced electric minivans which will be made in China, Nikkei has learned. Sagawa, a major transport company, will use those EVs to deliver goods mostly over short distances. China’s Guangxi Automobile Group will manufacture small electric commercial vans designed by a Japanese… Continue reading Japan’s Sagawa to buy 7,200 low-priced EVs made in China
Chinese autonomous vehicle startup WeRide scores permit to test driverless cars in San Jose
WeRide, the Chinese autonomous vehicle startup that recently raised $310 million, has received a permit to test driverless vehicles on public roads in San Jose, California. WeRide is the seventh company, following AutoX, Baidu, Cruise, Nuro Waymo and Zoox, to receive a driverless testing permit. In the early days of autonomous vehicle development, testing permits… Continue reading Chinese autonomous vehicle startup WeRide scores permit to test driverless cars in San Jose
Mitsubishi Motors to cut output in Japan and Thailand due to chip shortage
By Reuters Staff 1 Min Read FILE PHOTO: The logo of Mitsubishi Motors Corp is displayed at the company’s showroom in Tokyo, Japan January 18, 2019. REUTERS/Issei Kato TOKYO (Reuters) – Mitsubishi Motors Corp will cut production by a combined 7,500 vehicles at three plants in Japan and Thailand in April, it said on Monday,… Continue reading Mitsubishi Motors to cut output in Japan and Thailand due to chip shortage
@niche: Hennessey Celebrates 30 years of Making Fast Cars Faster000738
[embedded content] Listen on Apple PodcastListen on Spotify John Hennessey reflects on being a speed pioneer and the family support, great customers and fast cars that have shaped Hennessey Performance since 1991 • Powered by passion: 1991-2021 – Hennessey celebrates 30 years of making fast cars faster• Company has evolved into a global brand and… Continue reading @niche: Hennessey Celebrates 30 years of Making Fast Cars Faster000738
Renault and Nissan face the relaunch by focusing on hi-tech
3 ‘of reading After Renault’s announced industrial plan, christened Renaulution, the French brand reaffirms its role as a pioneer in electric cars, not only by launching a new platform for Bev models, but by unveiling a concept that brings one of the most successful models: the Renault 5. The Italian CEO Luca De Meo will,… Continue reading Renault and Nissan face the relaunch by focusing on hi-tech
Rivian and Lucid Motors sued by Illinois automotive dealers
In a lawsuit filed in Cook County Court, Illinois, Rivian and Lucid Motors are being sued for their direct-to-consumer business model. The suit also lists Illinois secretary of state Jesse White as a defendant. It claims his office “has abandoned its enforcement role.” The 70-page lawsuit was filed by the Illinois Automobile Dealers Association, Chicago… Continue reading Rivian and Lucid Motors sued by Illinois automotive dealers
@Renault: RENAULT: CONDITIONS FOR HOLDING THE ANNUAL GENERAL MEETING OF APRIL 23rd, 2021 AND AVAILABILITY OF THE MEETING DOCUMENTS000198
PRESS RELEASE CONDITIONS FOR HOLDING THE ANNUAL GENERAL MEETING OF APRIL 23rd, 2021 AND AVAILABILITY OF THE MEETING DOCUMENTS Boulogne-Billancourt, on March 26th, 2021. Due to the exceptional situation related to the COVID-19 pandemic and in accordance with the measures adopted by the French Government to limit its spread, the Chairman of the Board… Continue reading @Renault: RENAULT: CONDITIONS FOR HOLDING THE ANNUAL GENERAL MEETING OF APRIL 23rd, 2021 AND AVAILABILITY OF THE MEETING DOCUMENTS000198