Nissan to recall 1.4 million cars in U.S., Europe, Japan

Nissan is issuing a recall of about 1.38 million cars globally of models including Note, Kicks, Serena and Leaf, a company spokeswoman said Friday. The recall will affect vehicles in the U.S., Europe and Japan over several issues, including cars suddenly accelerating after exiting cruise control or a short circuit that would cause motors to… Continue reading Nissan to recall 1.4 million cars in U.S., Europe, Japan

HANZA expands annual manufacturing volume for Mitsubishi Logisnext Europe by over 100 MSEK

STOCKHOLM, July 13, 2023 /PRNewswire/ — HANZA has today signed a manufacturing agreement with Mitsubishi Logisnext Europe (“MLE”), a leading provider of logistics solutions with self-designed innovative, high-quality forklifts. The agreement expands the existing co-operation between the parties substantiallt and will add an estimated order value exceeding SEK 100 million per year. HANZA currently manufactures… Continue reading HANZA expands annual manufacturing volume for Mitsubishi Logisnext Europe by over 100 MSEK

GAC-Mitsubishi auto JV in China suspends production, cuts staff

HONG KONG — A joint venture between China’s Guangzhou Automobile Group (GAC) and Mitsubishi of Japan has temporarily halted production and started to cut its workforce following years of falling sales. A letter to employees of GAC Mitsubishi Motors dated Wednesday and cosigned by President Kenichiro Yamamoto and Vice President Li Quming said the joint… Continue reading GAC-Mitsubishi auto JV in China suspends production, cuts staff

HANZA expands annual manufacturing volume for Mitsubishi Logisnext Europe by over 100 MSEK

STOCKHOLM, July 13, 2023 /PRNewswire/ — HANZA has today signed a manufacturing agreement with Mitsubishi Logisnext Europe (“MLE”), a leading provider of logistics solutions with self-designed innovative, high-quality forklifts. The agreement expands the existing co-operation between the parties substantiallt and will add an estimated order value exceeding SEK 100 million per year. HANZA currently manufactures… Continue reading HANZA expands annual manufacturing volume for Mitsubishi Logisnext Europe by over 100 MSEK

Yokohama Rubber introduces “E+”, a proprietary mark to be applied to its tires with qualities needed by electrified vehicles

Yokohama Rubber has revealed its plans to introduce a new exclusive “E+” symbol on its electric vehicle (EV) tires, starting in the latter half of 2023. The new “E+” mark is the latest facet of Yokohama Rubber’s response to the rising demand in recent years for tires most suitable for use on electrified vehicles. Tires… Continue reading Yokohama Rubber introduces “E+”, a proprietary mark to be applied to its tires with qualities needed by electrified vehicles

Yokohama Rubber introduces “E+”, a proprietary mark to be applied to its tires with qualities needed by electrified vehicles

Yokohama Rubber has revealed its plans to introduce a new exclusive “E+” symbol on its electric vehicle (EV) tires, starting in the latter half of 2023. The new “E+” mark is the latest facet of Yokohama Rubber’s response to the rising demand in recent years for tires most suitable for use on electrified vehicles. Tires… Continue reading Yokohama Rubber introduces “E+”, a proprietary mark to be applied to its tires with qualities needed by electrified vehicles

Yokohama Rubber introduces “E+”, a proprietary mark to be applied to its tires with qualities needed by electrified vehicles

Yokohama Rubber has revealed its plans to introduce a new exclusive “E+” symbol on its electric vehicle (EV) tires, starting in the latter half of 2023. The new “E+” mark is the latest facet of Yokohama Rubber’s response to the rising demand in recent years for tires most suitable for use on electrified vehicles. Tires… Continue reading Yokohama Rubber introduces “E+”, a proprietary mark to be applied to its tires with qualities needed by electrified vehicles

Mitsubishi suspends China production as car sales plunge

Mitsubishi Motors has suspended production in China indefinitely and plans to cut staff after the Japanese manufacturer struggled to respond to a rapid transition to electric vehicles in the world’s largest car market. The pullback by Mitsubishi comes as foreign carmakers face fierce competition with domestic marques. Following reports in local media, Mitsubishi said shareholders… Continue reading Mitsubishi suspends China production as car sales plunge

Mazda needs China strategy overhaul to keep up with market, says CEO

Mazda Motor CEO addresses challenges in China’s auto market, emphasizing the need for strategic transformation amidst rising domestic competition and the surge in electric vehicle demand. Japan’s Mazda Motor needs to overhaul its strategy in China where it is fighting to keep up with “severe” competition from domestic players, the automaker’s chief executive said on… Continue reading Mazda needs China strategy overhaul to keep up with market, says CEO

Renault Group & Geely announce low-emission powertrain joint venture

Geely and Renault Group have signed a binding 50/50 joint venture agreement to launch a new powertrain technology company that aims to become a global leader in developing, manufacturing, and supplying new hybrid powertrains and efficient ICE powertrains. The new company will encompass 17 engine plants and five R&D centers across three continents. Through it,… Continue reading Renault Group & Geely announce low-emission powertrain joint venture