Tag: Nissan

UPDATE 1-Honda extends North America auto production halt through May 8

FILE PHOTO: The logo of Honda is seen during the 87th International Motor Show at Palexpo in Geneva, Switzerland March 8, 2017. REUTERS/Arnd Wiegmann WASHINGTON (Reuters) – Honda Motor Co (7267.T) said on Thursday it will extend a shutdown of its North American auto plants through May 8, while also extending unpaid leave for many… Continue reading UPDATE 1-Honda extends North America auto production halt through May 8

GROUPE RENAULT: Quarterly information – March 31, 2020

PRESS RELEASE#RenaultResults                                                                                                                                                      Groupe Renault’s revenues of €10,125 million in the first quarter of 2020                       ·The Group sold 672,962 vehicles in the quarter, down -25.9% in a global market down -24.6%1.                       ·Group revenues reached €10,125 million (-19.2%) in the quarter. At constant exchange rates and perimeter2, the decrease would have been             -18.3%.                       ·Renault’s Board of Directors decided on April 9,… Continue reading GROUPE RENAULT: Quarterly information – March 31, 2020

Renault seeks state-backed loan to build cash buffer

PARIS (Reuters) – Renault (RENA.PA) is in talks with the French government to secure a state-backed loan worth several billion euros to shore up its liquidity during the coronavirus pandemic, the French carmaker said on Thursday. FILE PHOTO: The logo of French carmaker Renault is seen before the company’s 2019 annual results presentation at their… Continue reading Renault seeks state-backed loan to build cash buffer

Nissan, partners to draft deeper alliance in May: Yomiuri

FILE PHOTO: The logos of car manufacturers Renault and Nissan are seen in front of dealerships of the companies in Reims, France, July 9, 2019. REUTERS/Christian Hartmann TOKYO (Reuters) – Nissan Motor Co (7201.T), Renault SA (RENA.PA) and Mitsubishi Motors Corp (7211.T) will draft plans for a deeper alliance next month, including joint development of… Continue reading Nissan, partners to draft deeper alliance in May: Yomiuri

Nissan dealers to provide 100 cars to NHS workers

Nissan has announced that it will provide 100 cars for free use by NHS workers via it’s UK dealer network. More than 30 dealer sites, those still able to operate, are taking part in the initiative. The vehicles are provided at no cost and will include complimentary insurance and roadside assistance. Only fuel or charging… Continue reading Nissan dealers to provide 100 cars to NHS workers

@Groupe PSA: First quarter 2020 sales

in €m Q1 2019 Q1 2020 Reported At constant scope & curr. Sales 4,325 3,739 -13.5% -19.7% By region Europe North America Asia South America Rest of the World 2,217 1,117 798 150 43 1,931 1,014 635 127 32 -12.9% -9.2% -20.4% -15.2% -26.2% -16.4% -18.3% -33.9% -2.1% -21.5% Q1 SALES IMPACTED BY COVID-19 DISRUPTION… Continue reading @Groupe PSA: First quarter 2020 sales

Nissan to resume production at Spanish plant, pilot safety steps in UK

LONDON, April 22 (Reuters) – Nissan will restart production at its Barcelona factory from May 4 and it will begin piloting safety measures at its British plant with the return of around 50 staff this week, the Japanese carmaker said on Wednesday. “The management team in Spain is working with the local works councils in… Continue reading Nissan to resume production at Spanish plant, pilot safety steps in UK

No takers: Hyundai cars sit in U.S. ports as virus keeps buyers away

SEOUL (Reuters) – As Detroit’s automakers shut production in March due to the coronavirus pandemic, South Korea’s Hyundai Motor cranked up its factories back home to ship cars to the United States, a move that is proving costly for the world’s fifth-largest auto group. FILE PHOTO: A man walks past the logo of Hyundai Motor… Continue reading No takers: Hyundai cars sit in U.S. ports as virus keeps buyers away