Known as the Brazilian Elon Musk, entrepreneur creates electric car manufacturer in Brazil

Just like the billionaire, Flávio Figueiredo Assis sold a company in the financial sector to invest in his own automobile manufacturer, LECAR SÃO PAULO, Jan. 22, 2024 /PRNewswire/ — Entrepreneur Flávio Figueiredo Assis promises to make history by launching the first originally Brazilian electric car. More than contributing to changing the energy matrix and positively… Continue reading Known as the Brazilian Elon Musk, entrepreneur creates electric car manufacturer in Brazil

Nissan needs to ‘clean out the closet’ to turn around falling sales with new EVs

Nissan’s CEO needs to clean out his closet, according to his wife. The same goes for the 90-year-old automaker as it transitions to a new era. Nissan is gearing up to reveal a new EV plan as part of a midterm update to turn things around. Amid falling sales, Nissan’s CEO, Makota Uchida, is taking… Continue reading Nissan needs to ‘clean out the closet’ to turn around falling sales with new EVs

Best small automatic cars

There are lots of reasons for wanting a small car with an automatic gearbox, not least of which is the sheer boredom of sitting motionless in traffic jams every day developing an aching foot from repeatedly pressing down the clutch pedal. Even drivers who enjoy changing up and down a gearbox manually have to admit… Continue reading Best small automatic cars

Top 10 most reliable small cars to buy 2024

Top 10 most reliable small cars to buy 2024 Currently reading If you’re buying a smaller car, it could be because you’re looking to reduce your running costs or you simply don’t need the space offered by a large family car. But any savings you make will quickly disappear if it’s always breaking down or in the… Continue reading Top 10 most reliable small cars to buy 2024

German Manager Magazine: Carlos Tavares: Stellantis boss fears price decline for electric cars003048

The Opel-Mother Stellantis does not want to be drawn into a price war with other car manufacturers. “If you lower prices without taking the actual costs into account, there will be a bloodbath,” said CEO Carlos Tavares »Financial Times« . His company is one of the most profitable in the industry and is protected against… Continue reading German Manager Magazine: Carlos Tavares: Stellantis boss fears price decline for electric cars003048

Known as the Brazilian Elon Musk, entrepreneur creates electric car manufacturer in Brazil

Just like the billionaire, Flávio Figueiredo Assis sold a company in the financial sector to invest in his own automobile manufacturer, LECAR SÃO PAULO, Jan. 22, 2024 /PRNewswire/ — Entrepreneur Flávio Figueiredo Assis promises to make history by launching the first originally Brazilian electric car. More than contributing to changing the energy matrix and positively… Continue reading Known as the Brazilian Elon Musk, entrepreneur creates electric car manufacturer in Brazil

Conocido como el brasileño Elon Musk, el emprendedor crea el fabricante de coches eléctricos en Brasil

Al igual que el multimillonario, Flávio Figueiredo Assis vendió una empresa del sector financiero para invertir en su propio fabricante de automóviles, LECAR. SÃO PAULO, 22 de enero de 2024 /PRNewswire/ — El emprendedor Flávio Figueiredo Assis promete hacer historia con el lanzamiento del primer automóvil eléctrico originariamente brasileño. Más que contribuir a cambiar la… Continue reading Conocido como el brasileño Elon Musk, el emprendedor crea el fabricante de coches eléctricos en Brasil

Known as the Brazilian Elon Musk, entrepreneur creates electric car manufacturer in Brazil

Just like the billionaire, Flávio Figueiredo Assis sold a company in the financial sector to invest in his own automobile manufacturer, LECAR SÃO PAULO, Jan. 22, 2024 /PRNewswire/ — Entrepreneur Flávio Figueiredo Assis promises to make history by launching the first originally Brazilian electric car. More than contributing to changing the energy matrix and positively… Continue reading Known as the Brazilian Elon Musk, entrepreneur creates electric car manufacturer in Brazil

Mitsubishi Motors to exit from China production – Nikkei

TOKYO (Reuters) -Mitsubishi Motors has decided to end automobile production in China, and is discussing its exit with local joint venture partner Guangzhou Automobile Group, the Nikkei newspaper reported on Wednesday, without citing sources. GAC will likely convert the plant, in Hunan province, to a production base for electric vehicles, the paper said. Mitsubishi Motors… Continue reading Mitsubishi Motors to exit from China production – Nikkei

UPDATE 2-Toyota’s China joint venture dismisses about 1000 workers

(Recasts on confirmation from Toyota’s China JV) SHANGHAI/TOKYO, July 24 (Reuters) – Toyota Motor’s joint venture (JV) in China said on Monday that it has terminated early the contracts of about 1,000 dispatch workers, in a sign of pressure on automakers from a price war in the world’s largest auto market. The JV between Toyota… Continue reading UPDATE 2-Toyota’s China joint venture dismisses about 1000 workers