German FAZ: Mitsubishi could join the alliance of Honda and Nissan007358

Among other things, the joint development of software is planned. The details of the agreement are still being negotiated. Mitsubishi declined to comment on the matter. The other two car manufacturers could not immediately be reached for comment. Nissan, Japan’s third largest vehicle manufacturer, is suffering from falling demand in its two most important markets,… Continue reading German FAZ: Mitsubishi could join the alliance of Honda and Nissan007358

German FAZ: Command catch-up007356

When Japanese car managers talk about their industry these days, there is a sense of drama. Toyota Chairman Akio Toyoda speaks of the biggest changes since the invention of the automobile. Nissan’s CEO Makoto Uchida sees a turning point that the auto industry has not experienced in 100 years. And the boss of Honda, Toshihiro… Continue reading German FAZ: Command catch-up007356

Honda, Nissan and Mitsubishi join forces to catch Tesla in EV race

TOKYO — The expected entry by Mitsubishi Motors into the planned strategic partnership between Honda Motor and Nissan Motor represents the latest effort by Japanese automakers to pool their resources to catch up to foreign rivals in electric vehicles. The anticipated alliance essentially would divide Japan’s auto industry into two camps: the trio, with combined annual sales of over 8.33… Continue reading Honda, Nissan and Mitsubishi join forces to catch Tesla in EV race

Thursday Morning Auto News, Jul 25, 2024: Nissan, Stellantis hit the brakes. Tesla stock shaken. Trouble ahead for EU luxury makes. More.

CEO Makoto Uchida says Nissan U.S. incentive spending nearly erases quarterly profit – Automotive News Volvo softens EV-or-bust strategy as hybrids show promise – Automotive News Hyundai Motor posts record Q2 profit on strong US sales, to boost hybrid lineups – Reuters Stellantis and Nissan deepen fears over auto industry downturn – FT Renault H1… Continue reading Thursday Morning Auto News, Jul 25, 2024: Nissan, Stellantis hit the brakes. Tesla stock shaken. Trouble ahead for EU luxury makes. More.

German FAZ: Mitsubishi could join the alliance of Honda and Nissan007352

Among other things, the joint development of software is planned. The details of the agreement are still being negotiated. Mitsubishi declined to comment on the matter. The other two car manufacturers could not immediately be reached for comment. Nissan, Japan’s third largest vehicle manufacturer, is suffering from falling demand in its two most important markets,… Continue reading German FAZ: Mitsubishi could join the alliance of Honda and Nissan007352

SCOOP! Honda developing global platform for future made-in-India models

Honda is developing a global platform for its small- and medium-car portfolio, and India is likely to be the global production base for the domestic and global market. This all-new modular platform (code: PF2) will underpin a range of future products, including sedans, SUVs, EVs and hybrids. Sources say that the PF2 is likely to… Continue reading SCOOP! Honda developing global platform for future made-in-India models

German Manager Magazine: Mitsubishi joins alliance of Honda and Nissan003464

The merger would create a group with total annual sales of more than eight million vehicles, wrote the business newspaper “Nikkei” on Sunday. Among other things, the joint development of software is planned. The details of the agreement are still being negotiated. Mitsubishi declined to comment on the matter. The other two car manufacturers could… Continue reading German Manager Magazine: Mitsubishi joins alliance of Honda and Nissan003464

Bengaluru-based River bucks the EV trend with specialised focus

River was co-founded by Mani and Vipin George in March 2021 — the middle of the Covid-19 lockdown — with an aim to create an ‘urban lifestyle e-2wheeler’ brand. The duo started off by defining a niche segment with a specialised set of customers and markets. They soon zeroed in on creating an elegant lifestyle… Continue reading Bengaluru-based River bucks the EV trend with specialised focus

Vertu acquires Honda Exeter from Hendy Group

Vertu Motors has continued its expansion into the South-West with the acquisition of Honda Exeter from Hendy Group this week. The dealership, rebranded as Vertu Honda Exeter, brings Vertu’s Honda dealerships across the UK to a total of 17. In the South-West, Vertu Honda Exeter joins Vertu Honda Plymouth and Vertu Honda Truro. Chris Taylor,… Continue reading Vertu acquires Honda Exeter from Hendy Group