McLaren will join Formula E in 2023

Team news is starting heat up ahead Formula E’s Gen3 debut next season, and today one of the bigger expected announcements was made official. Ahead of the Berlin E-Prix, McLaren Racing announced its move to Formula E for season nine, committing to fielding a team when the series’ new spec makes its first competitive laps.… Continue reading McLaren will join Formula E in 2023

Mercedes-Benz CEO hints A-Class living on borrowed time – The Citizen

Charl Bosch Current fourth generation of the three-pointed star’s smallest model could well be the last. Around since 2018, the fourth generation Mercedes-Benz A-Class could potentially be the moniker’s swansong. With arch-rival Audi having announced the end of the A1 and Q2 after the current generations, Mercedes-Benz has now hinted the same fate could befall… Continue reading Mercedes-Benz CEO hints A-Class living on borrowed time – The Citizen

@Renault: RENAULT GROUP: Renault Group studies the creation of two specialized centers of excellence000385

PRESS RELEASEMay 12, 2022 Renault Group studies the creation of two specialized centers of excellence An entity dedicated to the development, production and sales of electric vehicles An entity dedicated to the development and production of new generation E-TECH ICE and hybrid engines and transmissions Boulogne-Billancourt, May 12, 2022 – As part of its “Renaulution”… Continue reading @Renault: RENAULT GROUP: Renault Group studies the creation of two specialized centers of excellence000385

@Renault: RENAULT GROUP: Nissan contribution to Renault’s Q1 2022 earnings000383

May 12th, 2022 Nissan contributes € 49 million for first quarter 2022 to Renault’s earnings Nissan released today its results for the fourth quarter of fiscal year 2021/2022 (April 1st, 2021 to March 31st, 2022). Nissan’s results, published in Japanese accounting standards, for the fourth quarter of fiscal year 2021/2022 (January 1st to March 31st,… Continue reading @Renault: RENAULT GROUP: Nissan contribution to Renault’s Q1 2022 earnings000383

Ford drops India plans for EV exports

Ford has withdrawn its application from the Centre’s production-linked incentive (PLI) scheme for export of electric vehicles. Consequently, the company will not use any of its existing facilities in India for this purpose. Speculation was rife that the Maraimalainagar plant near Chennai would be the right for EV manufacturing since reports have been doing the… Continue reading Ford drops India plans for EV exports

@Nissan: 2022/05/12 Nissan reports strong financial results for fiscal year 2021 Nissan Moto…000744

2022/05/12 [embedded content] – Full year operating profit of 247.3 billion yen and net income of 215.5 billion yen– Achieved Nissan NEXT milestone of 2% operating profit margin on China joint venture proportionate basis– Expect an operating profit for fiscal year 2022 at the same level as fiscal year 2021 YOKOHAMA, Japan –Nissan Motor Co.,… Continue reading @Nissan: 2022/05/12 Nissan reports strong financial results for fiscal year 2021 Nissan Moto…000744

@Nissan: 2022/05/12 Nissan demonstrates strong progress with Nissan NEXT transformation plan …000743

2022/05/12 YOKOHAMA, Japan – Nissan Motor Co., Ltd. today issued an update on progress achieved at the mid-point of its four-year Nissan NEXT transformation plan, coinciding with publication of the company’s full-year results for the 12 months to March 31, 2022. The Nissan NEXT plan was launched in May 2020 with the goals of rationalizing… Continue reading @Nissan: 2022/05/12 Nissan demonstrates strong progress with Nissan NEXT transformation plan …000743

@Nissan: Nissan reports strong financial results for fiscal year 2021000743

2022/05/12 [embedded content] – Full year operating profit of 247.3 billion yen and net income of 215.5 billion yen– Achieved Nissan NEXT milestone of 2% operating profit margin on China joint venture proportionate basis– Expect an operating profit for fiscal year 2022 at the same level as fiscal year 2021 YOKOHAMA, Japan –Nissan Motor Co.,… Continue reading @Nissan: Nissan reports strong financial results for fiscal year 2021000743