@Nissan: New 2021 Nissan Kicks, with updated styling and enhanced connectivity, starts at $19,500000206

February 5, 2021 NASHVILLE, Tenn. – The new Nissan Kicks is now on sale across the U.S., with a starting MSRP of $19,500 USD1 for the Kicks S model. Along with its updated exterior and interior styling, the new Kicks now offers standard Apple CarPlay® and Android Auto™ on all grades, as well as available… Continue reading @Nissan: New 2021 Nissan Kicks, with updated styling and enhanced connectivity, starts at $19,500000206

Stellantis: At the Sochaux plant, the “vagueness” in the face of the shortage of parts which slows down production

Like several major automotive firms, Stellantis (formerly PSA) is now faced with a shortage of electronic components which is slowing production considerably. At the Sochaux plant (Doubs), employees and unions are in doubt. This is news that the employees of Stellantis (ex-PSA) would undoubtedly have done well. The Sochaux plant is about to go on… Continue reading Stellantis: At the Sochaux plant, the “vagueness” in the face of the shortage of parts which slows down production

@niche: Israeli EV startup REE to go public through $3.6 billion blank-check deal000518

By Reuters Staff 2 Min Read (Reuters) – Electric vehicle technology startup REE Automotive has agreed to go public through a merger with a blank-check company, in a deal that values the Israeli firm at around $3.6 billion, the companies said on Wednesday. FILE PHOTO: A prototype of a platform by Israel’s REE Automotive, developers… Continue reading @niche: Israeli EV startup REE to go public through $3.6 billion blank-check deal000518

Japan’s Nidec to buy Mitsubishi machine tool unit for EV motor push

Japan’s Nidec Corp said it will acquire a unit of Mitsubishi Heavy Industries that makes machine and cutting tools as it bolsters a push in motors for electric vehicles (EV). Nidec will buy the business from Japan’s biggest machinery maker for around 30 billion yen ($284 million) in a deal that will help it improve… Continue reading Japan’s Nidec to buy Mitsubishi machine tool unit for EV motor push

Fourth quarter and full year 2020 results

Amsterdam, the Netherlands, 4 February 2021 7:00 AM CEST TomTom on track for 10% growth in Location Technology in 2021 TOMTOM’S CHIEF EXECUTIVE OFFICER, HAROLD GODDIJN“The past year has been a turbulent one. COVID-19 continues to impact people’s lives and disrupt the global economy. While we have also been affected, our Enterprise business showed resilience… Continue reading Fourth quarter and full year 2020 results

Mitsubishi Motors slows pandemic slide as Southeast Asia recovers

TOKYO — Mitsubishi Motors upgraded its full-year earnings guidance Tuesday thanks to a recovery in the Southeast Asian market and shrinking overhead costs, putting the company on course to potentially return to the black in fiscal 2021. The Japanese automaker now projects a 330 billion yen ($3.14 billion) net loss for the year ending March. The figure represents an upgrade of… Continue reading Mitsubishi Motors slows pandemic slide as Southeast Asia recovers

New Magnite brings the buzz back in Nissan showrooms

Nissan Motor India, which has little to show in terms of passenger vehicle market share, has reasons for cheer with its latest offering in the compact SUV space – Nissan Magnite – drawing huge consumer interest. The budget-friendly crossover, which undercuts rivals by as much as Rs 190,000, ex-showroom, is seeing customers queuing for this… Continue reading New Magnite brings the buzz back in Nissan showrooms

From trusted Ghosn adviser to nemesis: High-powered Nissan executive Hari Nada’s great escape

Thanks in his ruthless corporate knife-fighting skills, Nada allowed himself to deftly transform from trusted Ghosn adviser to nemesis. TOKYO: It was the fall of 2018, and Hari Nada, a high-powered Nissan executive, was afraid he might be headed to jail. Japanese prosecutors, Nada wrote in a note, were “seriously considering a criminal charge” against… Continue reading From trusted Ghosn adviser to nemesis: High-powered Nissan executive Hari Nada’s great escape

Chinese carbuyers help Jaguar Land Rover outpace UK lockdowns

Jaguar Land Rover staged a recovery in the final three months of 2020, as the growth of car sales in China made up for the UK’s continued lockdowns and its setting aside of £35m to pay fines for missing carbon dioxide emissions targets. The carmaker made pre-tax profits of £439m in the last quarter of… Continue reading Chinese carbuyers help Jaguar Land Rover outpace UK lockdowns

@Daimler: Personnel changes in the Mercedes-Benz Trucks production network: Sven Gräble takes over from Gerald Jank

Sven Gräble will take over as Head of Mercedes-Benz Trucks Operations at Daimler Truck AG and will thus be responsible for the global production network of Mercedes-Benz Trucks. In this role, he succeeds Gerald Jank, who will retire on January 31, 2021, after more than 32 years with the company. In the global production network… Continue reading @Daimler: Personnel changes in the Mercedes-Benz Trucks production network: Sven Gräble takes over from Gerald Jank