We do not hear much about Nissan in the EV space in recent years, as the Japanese company really distanced itself from the electric cars after the initial push for the LEAF and e-NV200. There was a hope that with a new all-electric platform, Nissan will rebound with new models. However, after the Carlos Ghosn… Continue reading Rumor: Nissan To Pull Back From Europe
Tag: Nissan
Nissan plans to rely more on partnerships for EV production
At the end of the month, Nissan will present its new “operational performance plan.” Early media reports show that Nissan will expand cooperation with Mitsubishi for plug-in hybrids in Asia and Renault for EVs in Europe. Plans for the Ariya, a new all-electric crossover, remain murky. Nissan ceded its early leadership role in electric cars… Continue reading Nissan plans to rely more on partnerships for EV production
Nissan to retrench further in new plan to focus on US, Japan, China
May 4 (Reuters) – Nissan Motor Co Ltd will pull back from Europe and elsewhere to focus on the United States, China and Japan under a plan that represents a new strategic direction for the embattled carmaker, people with direct knowledge of the plan told Reuters.
The “operational performance plan” is due to be announced on May 28 and goes beyond fixing problems from ousted leader Carlos Ghosn's aggressive expansion drive, the people said.
Pursuit of market share, particularly in the United States, led to steep discounting and a cheapened brand. Under the new, three-year plan – reported here for the first time – Nissan aims to restore dealer ties and refresh lineups to regain pricing power and profitability, the people told Reuters.
“This is not just a cost-cutting plan. We're rationalising operations, reprioritising and refocusing our business to plant seeds for the future,” one of the people said.
The plan also aims to cut competition and expand cooperation with alliance par..
Exclusive: Nissan to retrench further in new plan to focus on U.S., Japan, China
(Reuters) – Nissan Motor Co Ltd (7201.T) will pull back from Europe and elsewhere to focus on the United States, China and Japan under a plan that represents a new strategic direction for the embattled carmaker, people with direct knowledge of the plan told Reuters. FILE PHOTO: People walk past a dealer shop of Nissan… Continue reading Exclusive: Nissan to retrench further in new plan to focus on U.S., Japan, China
New all-electric Vauxhall Vivaro-e van launched
The new, all-electric Vauxhall Vivaro-e van has been launched, tasked with rivalling the likes of the Mercedes eVito and Nissan e-NV200. It’ll be available to order from June this year, with first deliveries expected to arrive this September, once the government-imposed travel restrictions have been lifted. The Vauxhall Vivaro-e is based on the same EMP2… Continue reading New all-electric Vauxhall Vivaro-e van launched
@VW Group: 1May Italdesign to resume industrial and pre-series and ultra-limited series vehicles productions From Monday, May 4, employees…
Italdesign is ready to resume almost all the production activities at its premises located in the metropolitan area of Turin. From next Monday, May 4, employees of the Pre-Series and Ultra-Limited Series Production (ULSP) departments will be called back to work and will join colleagues from the Research and Development areas, who have never stopped… Continue reading @VW Group: 1May Italdesign to resume industrial and pre-series and ultra-limited series vehicles productions From Monday, May 4, employees…
Geely adds Haoyue SUV to remain No.1 Chinese brand – just-auto.com
Fuel filler on the passenger side is unusual for an Asian brand vehicle Geely is primed to add to recent sales gains in the Chinese market by adding the Haoyue, an SUV around the same size as the Hyundai Santa Fe, to its line-up. Exports are planned. There are both five and seven-seat layouts for… Continue reading Geely adds Haoyue SUV to remain No.1 Chinese brand – just-auto.com
Toyota and Honda to ramp up China plants to make up lost output
TOKYO — Japanese auto companies will accelerate production in China from May as the country recovers from the coronavirus pandemic earlier than other parts of the world. The carmakers are moving to pump up output to position themselves as they see the massive market re-emerging as the global sales leader. Toyota Motor and Honda Motor… Continue reading Toyota and Honda to ramp up China plants to make up lost output
Otonomo Raises $46M in Series C Funding to Expand Its Automotive Data Services Platform
HERZLIYA, ISRAEL, April 30, 2020 (GLOBE NEWSWIRE) — Otonomo, the leading automotive data services platform, today announced $46 million in series C funding. The round includes investments from SK Holdings, Avis Budget Group, and Alliance Ventures as well as participation from existing investors such as Bessemer Venture Partners. This round brings the company’s total funding… Continue reading Otonomo Raises $46M in Series C Funding to Expand Its Automotive Data Services Platform
Nissan plans to restart output at UK’s biggest car factory in June
FILE PHOTO: A Nissan logo is pictured at Brussels Motor Show, Belgium, January 9, 2020. REUTERS/Francois Lenoir LONDON (Reuters) – Nissan (7201.T) will restart phased production in early June at its northern English Sunderland factory, Britain’s biggest car plant, as the sector tries to resume operations amid the coronavirus outbreak. Output at the site, which… Continue reading Nissan plans to restart output at UK’s biggest car factory in June