TOKYO — Nissan Motor will shrink planned global production for October and November by 30%, Nikkei learned Thursday, as the worldwide chip shortage persists. The Japanese automaker recently informed suppliers of its updated plan to make 263,000 vehicles in October and 320,000 vehicles in November. Both numbers undershoot the previous outlook by 30%. Nissan had… Continue reading Nissan cuts production 30% through November on chip shortage
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Carlos Ghosn Speaks on His Time in Japanese Prison and Life as a Wanted Fugitive – Motor Trend
Carlos Ghosn Speaks on His Time in Japanese Prison and Life as a Wanted Fugitive Motor Trend Go to Source
Tesla set to capture $390m in China’s carbon market
BEIJING — Tesla is expected to earn about $390 million this year from automobile emissions credits in China, while Volkswagen looks to be the biggest loser in the carbon trading scheme. Automakers and auto importers operating in China are required to manufacture and sell a certain ratio of new-energy vehicles, which include electric cars and… Continue reading Tesla set to capture $390m in China’s carbon market
WeRide unveils China’s first Level 4 self-driving cargo van, WeRide Robovan in cooperation with Jiangling Motors and ZTO Express for smart urban logistics
Today, Tony Han, the Founder and CEO of WeRide, signed a strategic cooperation agreement with Wenhui Jin, Executive Vice President of JMC and Renqun Jin, Vice President of ZTO Express during WeRide’s latest web live Press Conference “The Next”. Combining the three companies’ expertise in technology, product innovation and commercialization, they will jointly undertake Robovan’s… Continue reading WeRide unveils China’s first Level 4 self-driving cargo van, WeRide Robovan in cooperation with Jiangling Motors and ZTO Express for smart urban logistics
Marshall acquires Motorline for £64.5m adding 48 dealerships
Marshall Motor Holdings has acquired the entire issued share capital of Motorline Holdings Limited (including all of its subsidiaries), for a cash consideration of £64.5m funded from the Group’s existing cash resources. The net assets on acquisition include c.£20m of cash and c.£10m of debt. The Group has also separately acquired a related freehold property… Continue reading Marshall acquires Motorline for £64.5m adding 48 dealerships
Mitsubishi Motors Reveals The Design of the All-New Outlander PHEV Model – Online World Premiere to be Held on October 28
Based on the bold expressions of functionality with which MMC has designed its SUVs over the years, the company developed the all-new Outlander and Outlander PHEV under its new design concept — Bold Stride — which expresses a bold, fixating presence and solid stance. On the front, MMC has evolved the Dynamic Shield design, which… Continue reading Mitsubishi Motors Reveals The Design of the All-New Outlander PHEV Model – Online World Premiere to be Held on October 28
UK car industry says Brexit rules are denting competitiveness
Automotive industry UK car industry says Brexit rules are denting competitiveness SMMT also hopes for cap on energy prices as carmakers ramp up electric vehicle production Workers on the production line at Nissan’s factory in Sunderland. Photograph: PA Images/Alamy Workers on the production line at Nissan’s factory in Sunderland. Photograph: PA Images/Alamy Lisa O’Carroll @lisaocarroll… Continue reading UK car industry says Brexit rules are denting competitiveness
Renault Group: Information to shareholders on the date of the next Renault S.A. Annual General Meeting
Information to shareholders on the date of the next Renault S.A. Annual General Meeting PRESS RELEASEOctober 11th, 2021 Boulogne-Billancourt, October 11th, 2021 – Renault S.A. informs its shareholders that the next Annual General Meeting is scheduled on Wednesday, May 25, 2022. This date will be confirmed by the Company’s Board of Directors which, in February… Continue reading Renault Group: Information to shareholders on the date of the next Renault S.A. Annual General Meeting
Autos & TransportationJapanese automakers’ China car sales tumble in September8:00 AM UTC
BEIJING, Oct 11 (Reuters) – Japanese automakers Honda Motor Co Ltd (7267.T), Nissan Motor Co Ltd (7201.T) and Toyota Motor Corp (7203.T) saw their sales in China tumble in September as a chip shortage hit vehicle production in the world’s biggest car market. Honda said it sold 121,448 vehicles in China last month, down 28%… Continue reading Autos & TransportationJapanese automakers’ China car sales tumble in September8:00 AM UTC
Rivian is coming. Here’s why it matters – E&E News
This story was updated at 6:18 p.m. EDT. Americans always have had exactly one choice when it comes to all-electric carmakers: Tesla. Starting this month, they will have another. Rivian Automotive Inc. rolled its first pickup truck destined for regular customers off its assembly line in Normal, Ill., last week, and first deliveries are coming… Continue reading Rivian is coming. Here’s why it matters – E&E News