TOKYO–(BUSINESS WIRE)–Mitsubishi Motors Corporation (MMC) will be exhibiting at the 89th Geneva International Motor Show*1, March 5th through 17th, under the company’s global tagline “Drive your Ambition.” The MITSUBISHI ENGELBERG TOURER and the 2020 Outlander Sport compact SUV will make their global debuts at the show. The new L200 one-ton pickup will have its first… Continue reading Mitsubishi Motors Lineup at 89th Geneva Motor Show
Tag: Mitsubishi
UPDATE 1-Ghosn’s new lawyer, ‘the Razor’, takes aim at Nissan and prosecutors
TOKYO (Reuters) – Carlos Ghosn’s new lawyer took aim at Nissan, prosecutors and courts on Wednesday, dismissing the charges against the ousted chairman as an internal company matter and saying Japan was out of step with international norms by keeping his client in jail. FILE PHOTO: Carlos Ghosn, Chairman and CEO of the Renault-Nissan Alliance,… Continue reading UPDATE 1-Ghosn’s new lawyer, ‘the Razor’, takes aim at Nissan and prosecutors
Renault-Nissan-Mitsubishi Alliance Invests In PowerShare
5 H BY MARK KANE PowerShare grows in power. Who’s next to invest? Alliance Ventures, the venture capital arm of Renault-Nissan-Mitsubishi Alliance, announced investment in PowerShare – the charging platform startup based in China, which recently attracted also BP. PowerShare is kind of similar to ChargePoint in North America. The online platform connects EV drivers,… Continue reading Renault-Nissan-Mitsubishi Alliance Invests In PowerShare
PowerShare Raises Series A Funding Round
PowerShare, an electric vehicle (EV) charging platform startup based in China, received an investment from Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi. The investment is part of the company’s Series A round, led by BP’s venturing business, BP Ventures, wwith participation from Detong Capital Partners. The amount of the deal was not disclosed.… Continue reading PowerShare Raises Series A Funding Round
Alliance Ventures invests in PowerShare to advance charging solutions and services for electric vehicles
Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi, today announced a new investment in PowerShare, an electric vehicle (EV) charging platform startup based in China. PowerShare provides an online platform that connects EV drivers, charge point operators and power suppliers to streamline the charging experience. It offers a cloud-based system, enabling suppliers to monitor… Continue reading Alliance Ventures invests in PowerShare to advance charging solutions and services for electric vehicles
Amazon leads $700M round in electric automaker Rivian
Rivian, the electric automaker that debut its first two vehicles just three months ago, has raised $700 million in a round led by Amazon. The news follows a report earlier this week by Reuters that GM and Amazon were in talks to invest in the electric vehicle company. “We’re inspired by Rivian’s vision for the… Continue reading Amazon leads $700M round in electric automaker Rivian
Carmakers cut their PCP prices to kickstart Q1
Car manufacturers have adjusted their retail offer strategies to kickstart the year with a 4.4% drop in the average monthly prices of PCP deals, to £311.40, according to AM’s latest quarterly data. The increased affordability across manufacturers’ model ranges is in contrast to the 5.5% quarterly rise seen in Q4 2018. AM’s analysis of 259… Continue reading Carmakers cut their PCP prices to kickstart Q1
Nissan, Renault and Mitsubishi executives reaffirmed importance of alliance -Mitsubishi chief
Mitsubishi Motors Corp’s President and CEO Osamu Masuko speaks to the media after the company’s board meeting at a showroom of the company’s headquarters in Tokyo, Japan January 18, 2019. REUTERS/Issei Kato TOKYO (Reuters) – The chief executives of Japan’s Nissan and Mitsubishi Motors met with the newly appointed chairman of Renault in Tokyo on… Continue reading Nissan, Renault and Mitsubishi executives reaffirmed importance of alliance -Mitsubishi chief
Daimler Trucks: record year 2018 with best-ever unit sales, revenue and earnings
Record results for unit sales, revenue and EBIT in 2018 Double-digit growth rates in NAFTA region, Brazil and India Fixed-cost optimization of 1.4 billion euros to take first full effect on earnings in 2019 – measures for efficiency enhancement to continue as planned Daimler Trucks anticipates a slight increase in unit sales and aims for… Continue reading Daimler Trucks: record year 2018 with best-ever unit sales, revenue and earnings
Not time yet to discuss Nissan chairmanship, Renault’s Senard says
TOKYO (Reuters) – The new chairman of French automaker Renault on Thursday said it was not the time to discuss whether he would also take the helm of Nissan, as he arrived in Japan to reaffirm an alliance rocked by the arrest and ouster of former Chairman Carlos Ghosn. FILE PHOTO: Jean-Dominique Senard, Michelin Group… Continue reading Not time yet to discuss Nissan chairmanship, Renault’s Senard says