Tag: Nissan

@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

@Nissan: Nissan e.dams ready for classic Formula E double-header in Berlin000741

May 11, 2022 YOKOHAMA, Japan – The Nissan e.dams Formula E Team heads back to Berlin this weekend for Rounds 7 and 8 of the 2021/22 ABB FIA Formula E World Championship. This staple on the Formula E calendar will take place at the historic Tempelhof Airport, where Nissan e.dams took P2 in last season’s… Continue reading @Nissan: Nissan e.dams ready for classic Formula E double-header in Berlin000741

@Renault: RENAULT GROUP: Geely Automobile Holdings to acquire 34.02% of the shares of Renault Korea Motors000377

Geely Automobile Holdings to acquire 34.02% of the shares of Renault Korea Motors Geely Automobile Holdings (Geely Auto, stock code on SEHK: 0175) and Renault Group have reached an agreement into which Geely Auto will subscribe for 34.02% of the shares in Renault Korea Motors (RKM) through a capital increase mechanism. The deal will be… Continue reading @Renault: RENAULT GROUP: Geely Automobile Holdings to acquire 34.02% of the shares of Renault Korea Motors000377

Tesla, new profit champion among automakers

Who would’ve believed that ? Barely a year ago, Tesla’s meager profits came largely from sale of CO2 credits . Today, against all odds, the champion of the electric car has also become the champion of profitability in the automotive industry. According to the ranking established by the firm EY based on the 2021 accounts… Continue reading Tesla, new profit champion among automakers

Auto Sales in April 2022: PVs marred by supply constraints, 2Ws show recovery, CVs, tractors in green

Representative Image New Delhi: The first month of the financial year, April, has been marred by COVID challenges for the past two fiscal years. In 2020, automobile OEMs saw zero production and sales during the month due to the first COVID wave. In 2021, the year started on a good note but the later part… Continue reading Auto Sales in April 2022: PVs marred by supply constraints, 2Ws show recovery, CVs, tractors in green

Carlos Ghosn allegedly received more than $30 million from a Renault distributor in the Middle East

If Carlos Ghosn escaped Japanese justice by fleeing to Lebanon, he risks soon being tried in France, whether he is present or not, for abuse of corporate assets, money laundering and acts of corruption. French magistrates suspect the former CEO of the Renault-Nissan-Mitsubishi alliance of having received more than $30 million from a major distributor… Continue reading Carlos Ghosn allegedly received more than $30 million from a Renault distributor in the Middle East