Automakers have mostly overcome the supply-chain challenges that upended production early in the pandemic. Now they are trying to weather a new challenge: higher borrowing costs for their customers. General Motors and several other automakers reported on Monday that new-vehicle sales increased substantially in the first three months of the year, thanks to improved supplies… Continue reading Auto Sales Withstand Higher Interest Rates, So Far
Tag: Nissan
Clean Technica: Italy’s EV Market Kept Afloat By High Tesla Sales002753
Originally published on opportunity:energy. Italy’s shift to electric mobility is experiencing an uncertain path, following what was a very promising exponential growth rate that lasted until 2021. As 2022 proved to be a lost opportunity, much in contrast with other major European countries, 2023 is progressing with rather mixed signals. Official stats for the first… Continue reading Clean Technica: Italy’s EV Market Kept Afloat By High Tesla Sales002753
Automakers find a tax credit loophole to increase EV leasing and boost sales
Dave Walters of Orange County, California, stands by his newly leased Hyundai Ioniq 5 electric vehicle. Provided by Dave Walters Fed up with high gas prices and enticed by federal tax credits, Dave Walters decided he wanted an all-electric Hyundai Ioniq 5 for his next vehicle. The Orange County, California, resident initially thought about purchasing… Continue reading Automakers find a tax credit loophole to increase EV leasing and boost sales
New Honda ZR-V arrives with hybrid power and autumn 2023 release date
Honda has been electrifying its range in a typically conservative fashion – but now the Japanese brand is really pushing ahead with the process. And that will extend to two new models being launched this year, starting with the Honda ZR-V. The ZR-V is designed to slot in between the compact HR-V and the larger… Continue reading New Honda ZR-V arrives with hybrid power and autumn 2023 release date
Agenda Announced: Fleet Forward Tour Chicago
The Fleet Forward Tour Chicago speaker lineup features (left to right) Michael Terreri of Assetworks, Chris Brown from Bobit, Brittany Zwicker of Element, Ken Crowley of Village of Oak Park, Giordy Lem from City of Chicago, and Tim Cengel of Union Leasing. Photo: Bobit/Canva Fleet Forward: The Tour announces the agenda for its third stop of… Continue reading Agenda Announced: Fleet Forward Tour Chicago
What two-thirds of car dealerships are missing in the US
/ Just one-third of car dealerships surveyed in the US last year had EVs for sale. By Justine Calma, a science reporter covering the environment, climate, and energy with a decade of experience. She is also the host of the Hell or High Water podcast. Share this story This 2019 preowned Nissan Leaf SV is… Continue reading What two-thirds of car dealerships are missing in the US
Nissan operations chief Gupta to leave board, company says
TOKYO (Reuters) — Nissan’s Chief Operating Officer Ashwani Gupta will not be reappointed to the board when his term expires next month, the automaker said on Friday, casting doubt on the future of the high-profile executive who had been seen in the running for CEO. The departure from the board of directors of the former longtime… Continue reading Nissan operations chief Gupta to leave board, company says
Nissan, Honda see double-digit profit gain as chip shortage eases
TOKYO — Nissan Motor and Honda Motor expect double-digit growth in net profit for the year ending March 2024 as the chip shortage wanes, though the Japanese automakers face challenges from tough competition in China and surging U.S. interest rates. “It’s a tough environment, but production volume will grow from our new models and the recovery in the semiconductor supply chain,” Nissan President… Continue reading Nissan, Honda see double-digit profit gain as chip shortage eases
Best-selling cars 2023: the UK’s top 10 most popular models
The UK’s new car market saw its ninth consecutive month of growth in April 2023, with 132,990 cars being registered. This was an 11.1 per cent year-on-year increase over April 2022, but numbers are still yet to reach pre-pandemic levels. A slight shock to the market was a drop in demand for EVs. After a… Continue reading Best-selling cars 2023: the UK’s top 10 most popular models
@Nissan: Nissan furthers Ambition 2030 vision with appointment of senior director for EV Strategy and Transformation 001054
May 12, 2023 NASHVILLE, Tenn. – Nissan continues its progress to empower mobility and beyond through its Ambition 2030 long-term vision. To support the growth of electrification goals in the key U.S. market, Nissan has appointed Trisha Jung to the role of senior director for EV Strategy and Transformation. In this role, Jung will lead… Continue reading @Nissan: Nissan furthers Ambition 2030 vision with appointment of senior director for EV Strategy and Transformation 001054