Nissan – Page 816 – I wish I had more to offer

Nissan names executive Uchida as next CEO, Gupta as COO

TOKYO/PARIS, Oct 8 (Reuters) – The board of Nissan Motor Co has picked Senior Vice President Makoto Uchida as its next chief executive and Ashwani Gupta as its chief operating officer, two sources said on Tuesday, following a board meeting of the scandal-hit automaker.
Directors at Nissan, including those from top shareholder Renault SA, voted unanimously in favour of the two executives, one of the sources said. Both of the sources spoke on condition of anonymity.
No one was immediately available for comment at Nissan. The automaker was due to hold a news conference at 1130 GMT.
The decision, earlier reported by the Nikkei newspaper, comes after months of turmoil at Japan's second-largest automaker following the downfall of former Chairman Carlos Ghosn last year and the departure of former CEO Hiroto Saikawa last month.
Ghosn is awaiting trial in Tokyo on financial misconduct charges that he denies.
Saikawa was forced to step down after he admitted to being improperly overpaid.
Th..

Tesla Model 3 = 6th Best Selling Car In USA In 3rd Quarter*

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Published on October 6th, 2019 |

by Zachary Shahan

Tesla Model 3 = 6th Best Selling Car In USA In 3rd Quarter*

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October 6th, 2019 by Zachary Shahan

The Tesla Model 3’s #6 position in 3rd quarter US car sales* seems both shockingly high and surprisingly low at the same time. No, this is not a trick — I’m serious.

On the surface, I consider the Model 3’s US sales shockingly high because the car has by far the highest base price of any car in the top 10. The Honda Civic’s base price is $21,650, the Toyota Camry’s base price is $24,295, the Toyota Corolla’s base price is $19,600, the Honda Accord’s base price is $23,870, the Nissan Altima’s base price is $24,100, and the Tesla Model 3’s base price (online) is $38,990. The smallest separation in price there is more than $15,000, and the Model 3 clearly sits in a very different class that’s out of the financial reach of many households.

On the other hand, as I’ve pointed out extensively, in many circumstances the Model 3’s total cost of ownership over just 5 years could be close to or even lower than the Camry’s, Accord’s, etc. What do you get for that similar 5 year cost of ownership? A tremendously better car. The Model 3 has better safety scores (the best in history), has much better tech (infotainment and semi-autonomous driving tech are far ahead of any competitors’ tech, let alone that of these mainstream models), offers a much better driving experience, is much quicker, is cleaner, and genuinely looks like a higher class car (yes, I think that’s an objective judgement). In that light, it’s surprising the Model 3 isn’t yet the top selling car in the country. However, the vast majority of the public doesn’t know about the Model 3, its benefits, or how competitive it can be on a total cost of ownership basis.

With those initial thoughts out of the way, let’s jump to the numbers.

As you can see, my estimate for Tesla Model 3 sales* put it confidently in the 6th position, 8,000 units below the #5 Nissan Altima and more than 30,000 units behind the #4 Honda Accord (about 10,000 units per month lower). It was just 2,500 units above the #7 Hyundai Elantra in the 3rd quarter.

For the full first 9 months of the year, the Model 3 drops to #9. In the 1st quarter of the year, Tesla shipped most of the cars it produced overseas and was suffering from a US sales wave that saw a peak in deliveries at the end of 2018 followed by a crash in the beginning of 2019. Finishing in 9th place in the first three quarters results in the same narrative, though. The result seems both shockingly high and surprisingly low at the same time.

*Tesla reports quarterly sales and does not break them out by country or region. Eventually, we get registration data from Europe, China (educated estimates at least), and Canada and can then make a more solid estimate of US sales for the quarter, as well as monthly sales estimates. However, it’s a bit early for all of that since we don’t have September numbers from most countries yet. Even our data-loving friend and contributor Jose Pontes of EV Volumes didn’t want to venture out too far on a limb and provide an early estimate that he might have to walk back. That said, looking at previous months’ data, September figures from the Netherlands and Norway, and deeper historical data, I feel comfortable estimating Model 3 sales between 40,000 and 50,000 in the US in the third quarter. For this report, I’ve settled on 43,000.

If you’d like to buy a Tesla Model 3 instead of a Camry, Accord, Civic, or Corolla, and you’d also like to get 1,000 miles of free Supercharging in the process, feel free to use my referral code: https://ts.la/zachary63404.

About the Author

Zachary Shahan Zach is tryin' to help society help itself one word at a time. He spends most of his time here on CleanTechnica as its director and chief editor. He's also the CEO of Important Media. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, Canada, and Curaçao.

Zach has long-term investments in Tesla [TSLA] — after years of covering solar and EVs, he simply has a lot of faith in this company and feels like it is a good cleantech company to invest in. But he offers no investment advice and does not recommend investing in Tesla or any other company.

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Nissan names darkhorse candidate Uchida as next CEO, Gupta as COO

TOKYO (Reuters) – Nissan Motor Co (7201.T) named Senior Vice President Makoto Uchida as its next chief executive on Tuesday, picking a relative outsider who joined the automaker mid-career and is known for his rigorous work ethic and relentless focus on cost control. FILE PHOTO: The Nissan logo is seen at Nissan car plant in… Continue reading Nissan names darkhorse candidate Uchida as next CEO, Gupta as COO

Mitsubishi Mi-Tech PHEV concept teases 4-motor layout, downsized powertrain

Mitsubishi will show a 4-motor PHEV concept at the Tokyo Motor Show later this month, highlighting new electrification tech and unconventional gasoline power in a new downsized SUV package.

The automaker describes the Mi-Tech as “An electric SUV that delivers unparalleled driving pleasure and confidence over all terrain in light and wind.” We suspect that last bit is the equivalent of “rain or shine,” emphasizing the SUV proportions and individually driven motors as go-anywhere, anytime technology.

The individual motors enable torque vectoring on both an axle-by-axle and wheel-by-wheel basis, or, as Mitsubishi calls it, dual motor active yaw control.

Rather than a normal gasoline ICE, the Mi-Tech employs a gas turbine generator. Mitsubishi says this provides for both series hybrid and EV-only operation with the sort of response drivers expect from an electrified powertrain.

The Mi-Tech is also meant to be a driver assist showcase. Rather than relying on the cluster or a large screen for driver information displays, the Mi-Tech actually projects information directly onto the windshield. Picture a head-up display, only on a much larger scale.

It's also equipped with the sort of advanced safety systems expected on next-generation cars, such as emergency steering and brake assist.

It remains to be seen whether Mitsubishi will try to convert the Mi-Tech concept into a production vehicle. The automaker has not had much success with electrified offerings in the States, with only the Outlander PHEV remaining after the departure of the disappointing i-MIEV electric.

Small form factor CUVs and SUVs seem to be the next target for electrification, and their likely popularity in EMEA markets makes them likely candidates for production and overseas distribution. Whether and when that trend will catch on in the United States remains to be seen.

September: One Fifth Of Car Sales In The Netherlands Were Plug-Ins

Thanks to volume deliveries of the Tesla Model 3, plug-in sales in the Netherlands almost quadrupled year-over-year September 2019 turns to be the fourth-best month of plug-in electric car sales in the Netherlands ever. Better results were seen only in December 2013, December 2015, and December 2016 (all three months preceded fiscal changes/incentives changes). With… Continue reading September: One Fifth Of Car Sales In The Netherlands Were Plug-Ins

Ghosn is getting fit for the fight of his life – Automotive News Europe

TOKYO — Carlos Ghosn, still barred from leaving Japan as he awaits trial on financial misconduct charges, spends his days convening not only with lawyers but also his personal trainer. It is no coincidence the indicted former Nissan chairman is working out, walking and bicycling to regain weight he lost during his 129 days of… Continue reading Ghosn is getting fit for the fight of his life – Automotive News Europe

Famed French lawyer signals shift in Ghosn’s defense strategy – The Japan Times

The defense team for former Nissan Motor Co. Chairman Carlos Ghosn appears to be taking a wider view of the fallen auto titan’s court case and is calling in the artillery to pursue judicial reform in regard to his human rights. In an exclusive interview with The Japan Times, former French ambassador and renowned human… Continue reading Famed French lawyer signals shift in Ghosn’s defense strategy – The Japan Times

Monday Morning Auto News, Oct 07, 2019

Volvo and Geely to Merge Engine Operations in Electric Car Push – Bloomberg: Volvo and Geely to Merge Engine Operations in Electric Car Push Bloomberg
VW in talks to share its electric know-how – The Detroit News: Ford agreed earlier this year to use VW”s main electric-car platform for a high-volume car in Europe
Volvo and Geely to merge combustion-engine programmes – Autocar: Volvo engine New engine division will focus on hybrid development, while Volvo will push resour…
Week 4: As UAW GM strike takes its toll, workers vow they’re more committed than ever – Freep: Sounds of gospel music filled what was once the gymnasium in the old Gundry School, now a church with deep connections to GM’s factory workers.
Move to close training center emerges in midst of GM-UAW contract talks – Freep: Key issues remain on the table between GM and the UAW and one of those is the training center embroiled in part of a federal corruption probe.
Harley struggles to fire up new generation of riders with electric bike debut – CNBC: The bike costs nearly as much as a Tesla Model 3, and aims for a market that does not really exist: young, “green” and affluent first-time motorcyclists.
Mercedes-Benz sales soar to record on back of boost from China – FT: Mercedes-Benz sales soar to record on back of boost from China

Swedish EV firm NEVS to sell final new Saab 9-3 this month – Autocar: An unused crash test model from 2013 will be auctioned to raise funds for sustainable mobility res…
1964 Olympic cauldron returns ‘home’ to Saitama Pref. after touring disaster-hit areas – Mainichi: … diameter and weighs approximately 4 metric tons, was created by local metal worker Mannosuke Suzuki and his son Bungo, both now deceased.
Volvo, Geely to merge combustion engine operations – Reuters: Volvo, Geely to merge combustion engine operations Reuters
New Aston Martin Vantage Roadster: first images released – Autocar: V8-powered drop-top will take on the Porsche 911 Cabriolet with over 500bhp and a price tag around…
Analysis: How China is fuelling Volkswagen’s electric dream – Autocar: Volkswagen”s global ID models will be joined by China-only variants Volkswagen”s ambitious EV p…
Jobless claims up around U.S. amid GM strike – The Detroit News: As 46,000 walk picket lines outside GM facilities in 19 states, thousands laid off because of the strike are waiting for a call to return to work.
When harm comes from safety tech, what to do? – Automotive News: More than 800 motorists have lodged complaints about false positive incidents on Nissan Rogues with automated emergency braking systems.
FCA chief cleans up the messes of a legend – Automotive News: When Mike Manley was thrust into the role of CEO of Fiat Chrysler Automobiles in 2018 as his predecessor, Sergio Marchionne, lay dying, the …
V2X might speed progress on the road to autonomy – Automotive News: At the time, only Tesla appeared to be working towards “fake human” driving, by which I mean, relying on cameras/visible spectrum and using artificial …
Peugeot to ditch GTi badge? – Autocar: Peugeot to ditch GTi badge? NZ Autocar

Nissan board set for tense meeting as alleged split over future leadership emerges

TOKYO (Reuters) – The board of Nissan Motor Co (7201.T) will meet on Tuesday as a split has emerged over the scandal-hit automaker’s next CEO, putting the head of the nominations committee at odds with an influential executive, people familiar with the matter said. FILE PHOTO: The logos of car manufacturers Renault and Nissan are… Continue reading Nissan board set for tense meeting as alleged split over future leadership emerges

‘Paltry’ UK car sales deepen industry gloom

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