Ghosn was arrested in Japan in November 2018 on accusations of financial misconduct and was kept in solitary confinement for months without being allowed to speak with his wife. He fled to Lebanon a year later in a Hollywood-style escape that stunned the world. Meanwhile, several associates are in jail or on trial in Japan… Continue reading French magistrates question fugitive auto magnate Carlos Ghosn in Beirut
Tag: Nissan
French magistrates in Beirut to hear Carlos Ghosn
Two parties at the Palace of Versailles, financial flows with a commercial distributor in Oman, consulting services. There are many topics to discuss and the hearing is already scheduled for five days. For the first time, French justice will hear, from this Monday in Beirut, Carlos Ghosn, the former boss of Renault-Nissan, in the investigations… Continue reading French magistrates in Beirut to hear Carlos Ghosn
Cleantechnica: Volkswagen Takes #1 And #2 Positions In European Electric Vehicle Market In April 000925
The European passenger plugin vehicle market continues to rise. There were more than 159,000 plugin vehicle registrations in April, and 616,000 in the year to date (YTD). That’s +136% year over year (YoY). The plugin vehicle share of the overall auto market in April was 15% (7.1% fully electric vehicles), keeping the 2021 plugin vehicle… Continue reading Cleantechnica: Volkswagen Takes #1 And #2 Positions In European Electric Vehicle Market In April 000925
Toyota to recycle hybrid and EV batteries for renewable energy use
TOKYO/NAGOYA — Toyota Motor has agreed to partner with Jera, a joint fuel-procurement venture between Tokyo Electric Power and Chubu Electric Power, in a bid to transform old batteries used for electric vehicles and hybrid vehicles into power storage system for renewable energy, Nikkei has learned. The new storage system will consist of a lithium-ion battery and a nickel-metal hydride battery. The two… Continue reading Toyota to recycle hybrid and EV batteries for renewable energy use
Nissan plans work stoppages in Mexico in June due to chip shortage
During the first four months of this year, Nissan was Mexico’s second-biggest auto assembler after General Motors, according to data from national statistics agency INEGI. MEXICO: Japanese automaker Nissan will carry out temporary work stoppages at three Mexican plants for several days in June because of production adjustments needed to manage a shortage of semiconductor… Continue reading Nissan plans work stoppages in Mexico in June due to chip shortage
Nissan to build EV battery plants in Japan and UK
TOKYO — Nissan Motor will tie up with a Chinese-owned battery maker, investing over 200 billion yen ($1.8 billion) to build new battery plants for electric vehicles in Japan and U.K., Nikkei has learned. The Japanese automaker will start turning out batteries at two new plants, one in Japan and one in the U.K., as… Continue reading Nissan to build EV battery plants in Japan and UK
Mahindra to begin rolling out lightweight K2 Series tractors in 2023
Mahindra & Mahindra (M&M) which today announced its Q4 and full-year FY2021 results, also revealed its future product roadmap across the SUV, below 3.5-tonne light commercial vehicle and tractor segments. The company, whose Farm Equipment Sector (FES) division, has farmed robust gains in FY2021, is is betting big on the new ‘K2’ tractor series it… Continue reading Mahindra to begin rolling out lightweight K2 Series tractors in 2023
Japanese PE player J-Star exits film coating firm Nakai Industrial
Japanese private equity firm J-Star on Friday announced its exit from film coating company Nakai Industrial Co Ltd through the sale of entire its interest in the firm to Mitsubishi Chemical Corp for an undisclosed sum. The transaction was conducted through J-Star funds (J-STAR No.3 SS, LP, etc.). J-Star said Nakai, which was set up… Continue reading Japanese PE player J-Star exits film coating firm Nakai Industrial
Novelis to Provide Sustainable Aluminium Body Sheet to Nissan and Create Closed-Loop Recycling System
ZURICH, May 28, 2021 /PRNewswire/ — Novelis, the world leader in aluminium rolling and recycling, announced today that it will supply Nissan with sustainable, lightweight aluminium body sheet for the all-new Qashqai SUV and create a closed-loop recycling system in Europe. The Nissan Qashqai, a best-selling SUV in the C-segment, will incorporate Novelis aluminium in the… Continue reading Novelis to Provide Sustainable Aluminium Body Sheet to Nissan and Create Closed-Loop Recycling System
RPT-EXCLUSIVE-As China plans new rules, global automakers move to store car data locally
By Yilei Sun, Tony Munroe 4 Min Read (Repeats story, with no change to text) BEIJING, May 27 (Reuters) – BMW, Daimler and Ford have set up facilities in China to store data generated by their cars locally, they told Reuters, as automakers come under growing pressure in the world’s biggest car market over how… Continue reading RPT-EXCLUSIVE-As China plans new rules, global automakers move to store car data locally