YOKOHAMA, Japan (May 18, 2018) – Nissan Motor Co., Ltd. today announced the following executive appointment, effective immediately. Hiroshi Karube, previously senior vice president, global controller (MC & global function), accounting, global asset management, is appointed chief financial officer. This follows the decision of the current CFO, Joseph Peter, to retire from the company. Karube… Continue reading Nissan announces executive management changes
Tag: Mitsubishi
Nissan ensures no merger with Renault is scheduled
This is the question that obsesses Japanese journalists. While presenting on Monday in Yokohama, the annual results of the manufacturer, Hiroto Saikawa, the CEO from Nissan, had to answer the interrogations of the reporters on the possible project of a merger of the Japanese group with the French Renault, with which it shares a delicate… Continue reading Nissan ensures no merger with Renault is scheduled
Nissan reports full-year results for fiscal year 2017
YOKOHAMA, Japan (May 14, 2018) – Nissan Motor Co., Ltd. today announced financial results for the 12-month period to March 31, 2018. For the first nine months of the fiscal year, the company faced significant costs associated with special items, inventory adjustments and negative pricing trends; however, a partial recovery was achieved due to solid… Continue reading Nissan reports full-year results for fiscal year 2017
Carlos Ghosn: Range Is No Longer A Concern. Now The Issue Is Price.
May 11th, 2018 by Steve Hanley Carlos Ghosn may not be as sexy as Elon Musk, but he knows a thing or two about building and selling automobiles, especially electric cars. Since China is ground zero for the electric car market at the moment, it was only appropriate that Ghosn was in Hong Kong last… Continue reading Carlos Ghosn: Range Is No Longer A Concern. Now The Issue Is Price.
Renault manufactures in Seville the 28 million unit of its TL4 gearbox after 60 years of production
Posted 05/11/2018 12: 53: 58CET MADRID, May 11 (EUROPA PRESS) – The Renault car company has manufactured in its factory in Seville the 28 million unit of its TL4 six-speed manual gearbox, which began production in 1958, the company announced in a statement. The Seville factory is considered, according to the company, as a “strategic”… Continue reading Renault manufactures in Seville the 28 million unit of its TL4 gearbox after 60 years of production
Volvo Trucks introduces an EV just for hauling garbage
Volvo Trucks Volvo Trucks has joined the short list of automakers to introduce an EV bigger than a consumer car, but the Swedish company’s new vehicle is special: It’s a garbage truck. The Volvo FE Electric is built to haul up to 27 tonnes of cargo across urban environments, and like all electric vehicles, it… Continue reading Volvo Trucks introduces an EV just for hauling garbage
Mitsubishi Motors sees annual profit rising on Asia sales
Its operating profit was 98.2 billion yen in the year just ended, meeting market forecasts and surging roughly 20-fold from the previous year. TOKYO: Mitsubishi Motors Corp on Wednesday forecast a 12 percent rise in operating profit for the current financial year, as it expects increasing vehicle sales in Asia to help boost its bottom… Continue reading Mitsubishi Motors sees annual profit rising on Asia sales
Toyota flags lower annual operating profit on higher yen
TOKYO (Reuters) – Toyota Motor Corp (7203.T) on Wednesday forecast a 4.2 percent slide in operating profit for the current financial year, as it expects a stronger yen to offset slightly higher global vehicle sales and cost reductions. The Toyota company logo is pictured at the India Auto Show 2018 in Greater Noida, India, February… Continue reading Toyota flags lower annual operating profit on higher yen
Nissan will invest 40 million in the transformation of its Ávila plant
Posted 07/05/2018 14: 28: 31CET The new parts stamping facilities will start their activity in April 2020 AVILA, 7 May (EUROPA PRESS) – The Japanese automotive brand Nissan will transform its plant in Ávila with the construction of two new facilities, in which it will invest close to 40 million euros in concept of “fixed… Continue reading Nissan will invest 40 million in the transformation of its Ávila plant
Didi Chuxing, Auto Partners Form Global Carsharing Alliance
Photo: Didi Chuxing Didi Chuxing has joined 31 of its auto industry partners to launch the Didi Auto Alliance (D-Alliance or the Alliance). For the first time, the Alliance will bring together resources and the strengths of the new mobility sector with those of key links in the automotive industry chain, with the aim to develop… Continue reading Didi Chuxing, Auto Partners Form Global Carsharing Alliance