Aston Martin delays electric car plans after raising emergency funds – The Verge

Aston Martin has officially delayed all plans for electric vehicles after taking on a desperately-needed new investment from Formula One billionaire Lawrence Stroll. The company says it has indefinitely suspended its first electric car, the Rapide E, after refusing to confirm rumors about the project earlier this month. And it has pushed the launch of… Continue reading Aston Martin delays electric car plans after raising emergency funds – The Verge

Mitsubishi Motors posts surprise Q3 operating loss as car sales slide

Mitsubishi Motors Corp on Friday posted a surprise operating loss in the third quarter, its worst quarterly performance in more than three years, hurt by falling sales in China, Japan and South-east Asia, as well as a stronger yen.The carmaker posted an operating loss of 6.6 billion yen (US$60.2 million) for the October-December quarter, missing an average forecast for a profit of 11.6 billion yen.Mitsubishi stuck to an earlier forecast for a 73 per cent drop in full-year operating profit to 30 billion yen in the year to March.

DPD buys 300 electric vans for zero emission deliveries

Logistics specialist DPD has placed an order for 300 electric vans in the UK, creating the country’s largest zero emission parcel delivery fleet. The new vans, all Nissan e-NV200 models, will be operational by May, boosting the size of DPD’s electric fleet to 450 vehicles. The delivery firm aims to have 500 EVs by the… Continue reading DPD buys 300 electric vans for zero emission deliveries

@Mitsubishi: Mitsubishi Motors: Concerning the On-Site Investigation of Diesel-Engine Vehicles in Germany

TOKYO, Jan 31, 2020 – (JCN Newswire) – On January 21, the Frankfurt Public Prosecutor authorities visited our European R&D facility(1) based in Germany and German distributor(2) for an investigation. According to the Prosecutor’s announcement, the subject of the on-site investigations are passenger cars with 2.2 litre diesel engine with the emission standard Euro 5b,… Continue reading @Mitsubishi: Mitsubishi Motors: Concerning the On-Site Investigation of Diesel-Engine Vehicles in Germany

@Mitsubishi: Renault-Nissan-Mitsubishi Further Strengthens the Use of Resources and Investments

TOKYO, Jan 31, 2020 – (JCN Newswire) – Renault-Nissan-Mitsubishi has outlined a new framework to further reinforce its business model and strengthen its management structure. All three companies reiterated that the Alliance is essential for strategic growth and enhance competitiveness for each company. The new framework, ratified at a meeting of the Alliance Operating Board… Continue reading @Mitsubishi: Renault-Nissan-Mitsubishi Further Strengthens the Use of Resources and Investments

Renault-Nissan-Mitsubishi confirm Alliance “essential for strategic growth”, outline new business model framework

The Renault-Nissan-Mitsubishi Alliance, in an official statement today, has outlined a new framework which is aimed at further reinforce its business model and strengthen its management structure. All three companies have reiterated that “the Alliance is essential for strategic growth and enhance competitiveness for each company.” The new framework, ratified at a meeting of the… Continue reading Renault-Nissan-Mitsubishi confirm Alliance “essential for strategic growth”, outline new business model framework

Japan issues arrest warrants for Ghosn and 3 suspected accomplices

TOKYO (Reuters) — Japanese authorities on Thursday issued arrest warrants for a former U.S. Special Forces soldier and two other men on suspicion of smuggling former Nissan Motor Co boss Carlos Ghosn out of Japan. Warrants were issued for former U.S. Green Beret Michael Taylor and two other men, George-Antoine Zayek and Peter Taylor, prosecutors… Continue reading Japan issues arrest warrants for Ghosn and 3 suspected accomplices

GROUPE RENAULT: RENAULT-NISSAN-MITSUBISHI FURTHER STRENGTHENS THE USE OF RESOURCES AND INVESTMENTS

PRESS STATEMENT – Boulogne-Billancourt, Yokohama, Tokyo, January 30th, 2020                                                         RENAULT-NISSAN-MITSUBISHIFURTHER STRENGTHENS THE USE OF RESOURCES AND INVESTMENTSRenault-Nissan-Mitsubishi today outlined a new framework to further reinforce its business model and strengthen its management structure. All three companies reiterated that the Alliance is essential for strategic growth and enhance competitiveness for each company.The new framework, ratified at… Continue reading GROUPE RENAULT: RENAULT-NISSAN-MITSUBISHI FURTHER STRENGTHENS THE USE OF RESOURCES AND INVESTMENTS

Renault chairman says alliance with Nissan strong, shares sense of urgency

FILE PHOTO: Renault Chairman Jean-Dominique Senard attends a Renault, Nissan and Mitsubishi chiefs’ joint news conference in Yokohama, Japan, March 12, 2019. REUTERS/Kim Kyung-Hoon/File Photo YOKOHAMA (Reuters) – The alliance between France’s Renault SA (RENA.PA) and Japan’s Nissan Motor Co (7201.T) remains strong, but its members share a sense of urgency, the alliance’s chairman said… Continue reading Renault chairman says alliance with Nissan strong, shares sense of urgency