The all-new OUTLANDER was put through its paces, as the system’s final calibrations were developed in severe weather and road conditions. Redesigned and reimagined in every way, the vehicle will be bigger and bolder than the previous generations. With a knowledge base proven over years of competitions in the deserts of Dakar and on the… Continue reading MITSUBISHI MOTORS Unveils Testing Footage of the All-New OUTLANDER
Tag: Mitsubishi
Taiwan asks TSMC and other chipmakers to help ease global crunch
TAIPEI — Taiwan’s Economic Ministry is asking domestic chip manufacturers such as Taiwan Semiconductor Manufacturing Co. to help “like-minded” economies alleviate the global shortage of automotive-related chips. The ministry said it has received requests since the end of last year from several nations via diplomatic channels. The countries are asking Taiwan to help look into… Continue reading Taiwan asks TSMC and other chipmakers to help ease global crunch
Toyota accepts staff from halted aircraft factories of Mitsubishi Heavy
TOKYO — Toyota Motor’s subsidiary Toyota Auto Body is taking several hundred employees from aircraft component makers including Mitsubishi Heavy Industries and Kawasaki Heavy Industries, as auto demand recovers while aviation continues to struggle. Employees from companies such as Mitsubishi Heavy and Kawasaki are being transferred to Toyota’s Yoshiwara Plant in Aichi Prefecture, which makes… Continue reading Toyota accepts staff from halted aircraft factories of Mitsubishi Heavy
Nissan to end Philippine auto assembly operations
MANILA — Nissan Motor will end its assembly operations in the Philippines in March as part of efforts to restructure its regional operations, the Japanese automaker said on Thursday. Nissan’s move comes as automakers in the country struggle to keep business humming amid the pandemic. Car sales in the Philippines fell 40% last year to… Continue reading Nissan to end Philippine auto assembly operations
New Renault 5 to be built in same French factory as original
The new Renault 5 EV is set to be produced at the firm’s Douai factory in northern France, where the original version of the supermini was built. Renault will revive the 5 name for an all-new electric hatchback that’s set to go into production in 2023 as a key part of a bold revival plan designed… Continue reading New Renault 5 to be built in same French factory as original
Stellantis CEO says merger of Fiat Chrysler, Peugeot prevents job cuts
Don’t expect to see a Peugeot dealership popping up down the block anytime soon. That doesn’t mean the head of Stellantis, the new company formed from the merger this weekend of Fiat Chrysler Automobiles and PSA Group, won’t consider the possibility down the road. But for right now, the closest most Americans might get to seeing… Continue reading Stellantis CEO says merger of Fiat Chrysler, Peugeot prevents job cuts
Grab, the $16 billion ride-hailing and delivery giant, is considering an IPO in the US this year, in what could be the largest overseas share offering by a Southeast-Asian company
Ride-hailing and food delivery giant Grab may launch an IPO in the US this year, sources told Reuters. The IPO could raise at least $2 billion, one of the sources said, which would likely be the largest overseas share offering by a Southeast-Asian company. Grab is worth more than $16 billion and operates in eight… Continue reading Grab, the $16 billion ride-hailing and delivery giant, is considering an IPO in the US this year, in what could be the largest overseas share offering by a Southeast-Asian company
German Manager Magazin: Renault: Luca de Meo’s strategy should lead away from mass thinking, but in the case of electric cars, belligerent with Renault 5-Comeback000479
The French automakerRenaultwants to find its way back on the road to success with a sharper savings system and the conversion to a software-driven technology group. The new CEO Luca de Meo (53) explained on Thursday his restructuring program with the name “Renaulution”, with which he wants to increase the profitability of the troubled group… Continue reading German Manager Magazin: Renault: Luca de Meo’s strategy should lead away from mass thinking, but in the case of electric cars, belligerent with Renault 5-Comeback000479
Exclusive: Southeast Asia’s Grab considering U.S. IPO this year – sources
By Anshuman Daga 2 Min Read FILE PHOTO: A Grab vehicle is pictured in Singapore March 26, 2018. REUTERS/Edgar Su/File Photo SINGAPORE (Reuters) – Southeast Asian ride-hailing and food delivery giant Grab is exploring a listing in the United States this year, encouraged by robust investor appetite for IPOs, three sources familiar with the matter… Continue reading Exclusive: Southeast Asia’s Grab considering U.S. IPO this year – sources
Renault to produce 7m cars with Nissan and Mitsubishi: Chairman
PARIS — French automaker Renault is beefing up its collaborative efforts with Japan’s Nissan Motor and Mitsubishi Motors, with the three-way alliance planning to share the production of major components. Renault unveiled a midterm strategic plan on Thursday that stresses manufacturing cooperation as well as production cost reductions as it scales back factories. The French… Continue reading Renault to produce 7m cars with Nissan and Mitsubishi: Chairman