Tag: Nissan

Tata Motors’ CEO’s term ends next month, no word on reappointment

Guenter Butschek, CEO and MD, Tata Motors MUMBAI/CHENNAI: The spotlight will be on Tata Motors’ CEO and MD Guenter Butschek whose five-year term comes to an end next month. There has been no word on whether the German, who has been managing the operations of Tata Group’s automobile flagship from Austria — where his family… Continue reading Tata Motors’ CEO’s term ends next month, no word on reappointment

Nissan CEO says Renault’s strategic plan is strong

By Reuters Staff 1 Min Read FILE PHOTO: Nissan Motor Co CEO Makoto Uchida speaks during a news conference at the company’s headquarters in Yokohama, Japan February 13, 2020. REUTERS/Kim Kyung-Hoon PARIS (Reuters) – Nissan Chief Executive Makoto Uchida said on Thursday that Renault’s strategy overhaul, aimed at focusing on fewer and more profitable models,… Continue reading Nissan CEO says Renault’s strategic plan is strong

Chinese self-driving startup WeRide closes Series B round at $310m

Chinese autonomous vehicle startup WeRide announced on Thursday the completion of its Series B2 and B3 rounds of financing, less than one month after the firm raised $200 million in a Series B1 round in late December. Guangzhou, China-based WeRide garnered a combined $310 million across the three tranches. Upon the completion of the Series… Continue reading Chinese self-driving startup WeRide closes Series B round at $310m

Groupe Renault Decides to Establish a Joint Venture with Plug Power to Develop Its First Fuel Cell Electric Vehicle

Groupe Renault has decided to enter the global fuel cell electric vehicle (FCEV) market starting with commercial vehicle rather than passenger car.To develop its own FCEV, it has decided to establish a joint venture with “Plug Power” that recently received an investment from SK Group and work on R&D together. SK Holdings and SK E&S… Continue reading Groupe Renault Decides to Establish a Joint Venture with Plug Power to Develop Its First Fuel Cell Electric Vehicle

Honda to close UK plant for four days owing to supply chain problems

Honda will shut its UK factory for four days next week as global supply chain problems caused by the coronavirus pandemic continue to plague the Japanese carmaker. The closure is thought to be related to the unavailability of semiconductors, the computer chips used to run cars’ onboard management systems. The problem has affected carmakers around… Continue reading Honda to close UK plant for four days owing to supply chain problems

Honda halts Swindon production for third time due to parts delays

Honda will pause production at its Swindon factory next week due to a shortage of parts, as the pandemic continues to impact manufacturer supply chains.  In an official statement, the brand said: “Some production activities will not run Monday 18 to Thursday 21 January due to Covid-related supply issues. The situation is currently being monitored with a view… Continue reading Honda halts Swindon production for third time due to parts delays

Former Land Rover and Nissan bosses launch electric scooter brand in UK

The former head of Land Rover and Jaguar Land Rover’s specialist SVO division, John Edwards, and former head of Nissan GB’s sales division, Tony Lewis, have launched a new all-electric scooter brand in the UK. Edwards, who ran Land Rover from 2010 to 2013, before setting up its SVO division and running it until 2018,… Continue reading Former Land Rover and Nissan bosses launch electric scooter brand in UK

Toyota shut Chinese line for 2 days due to global chip shortage

NAGOYA, Japan/GUANGZHOU — Toyota Motor reopened a production line at a Chinese assembly plant Tuesday evening after a two-day shutdown, as the site became the company’s second facility affected by a chip shortage slamming automakers worldwide. The Japanese carmaker had halted operations on its third line at GAC Toyota Motor, the joint venture with China’s… Continue reading Toyota shut Chinese line for 2 days due to global chip shortage