Tag: Nissan

U.S. rejects Tesla bid for tariff exemption for Model 3 ‘brain’

WASHINGTON (Reuters) – U.S. trade officials rejected Tesla Inc’s bid for relief from President Donald Trump’s 25 percent tariffs on the Chinese-made computer “brain” of its Model 3 electric vehicles, one of more than 1,000 product denials linked to China’s industrial development plans. FILE PHOTO: A 2018 Tesla Model 3 electric vehicle is shown in… Continue reading U.S. rejects Tesla bid for tariff exemption for Model 3 ‘brain’

Fiat Chrysler shares soar after CEO hints at tie-ups

Sales by the company which makes Fiat, Chrysler, Jeep, Maserati, Alfa Romeo, Dodge and Ram vehicles, slid 4.8 percent to 24.5 billion euros. Milan: Fiat Chrysler (FCA) reported falling profits on Friday, but its share price soared after its CEO indicated that the Italian-US group would have an “active and constructive role” in consolidating the… Continue reading Fiat Chrysler shares soar after CEO hints at tie-ups

Plug-In Electric Car Sales In Norway Down Due To PHEVs In April

720 Tesla Model 3 sold in April keeps Tesla in charge as the #1 brand after the first four months of 2019. Plug-in electric car sales in Norway decreased a little bit in April, but it’s all because the plug-in hybrids dropped, as the all-electric are doing well. In total, some 5,596 new passenger plug-ins… Continue reading Plug-In Electric Car Sales In Norway Down Due To PHEVs In April

Hyundai Ioniq Electric Gets Boosted Range, Stronger Motor, New Look

Automaker’s original electric gets a boost in power and range to keep up with rivals. Hyundai has given its Ioniq Electric some attention – and arguably not a moment too soon. An updated Ioniq range of hybrid and plug-in hybrid models, along with the Electric, were announced Thursday in a bid to give it some… Continue reading Hyundai Ioniq Electric Gets Boosted Range, Stronger Motor, New Look

CK Holdings acquires Magneti Marelli from FCA

NEW DELHI: CK Holdings on Thursday announced the completion of its previously announced acquisition of Magneti Marelli S.p.A.from Fiat Chrysler Automobiles N.V. The combined business will operate under the entity “Magneti Marelli CK Holdings Co., Ltd.” The completion of the transaction is a key milestone in creating a leading global independent automotive supplier. This transaction,… Continue reading CK Holdings acquires Magneti Marelli from FCA

CK Holdings Co., Ltd. completes acquisition of Magneti Marelli from FCA

“ CK Holdings Co., Ltd. completes acquisition of Magneti Marelli from FCA  Transaction will create a leading global independent automotive supplier 2 May 2019 CK Holdings Co., Ltd. (“CK Holdings”), a holding company of Calsonic Kansei Corporation (“Calsonic Kansei”), today announces the completion of its previously announced acquisition of Magneti Marelli S.p.A. (“Magneti Marelli”) from Fiat… Continue reading CK Holdings Co., Ltd. completes acquisition of Magneti Marelli from FCA

UPDATE 1-FCA completes sale of Magneti Marelli for 5.8 bln euros

(Adds details) MILAN, May 2 (Reuters) – Fiat Chrysler Automobiles said it had completed the sale of its car parts unit Magneti Marelli to Calsonic Kansei for 5.8 billion euros ($6.5 billion), slightly below the initial price tag due to the unit’s changed financial position. Fiat Chrysler (FCA) last year agreed to sell Magneti Marelli… Continue reading UPDATE 1-FCA completes sale of Magneti Marelli for 5.8 bln euros

Europeans Bought 125,000 Electrified Cars In March

But the continent’s car market is still struggling overall. March saw European electric and hybrid car registrations top 100,000 in a single month for the first time ever, despite a seventh consecutive month of decline for the industry as a whole. Statistics from data firm JATO showed a marked slump in all 10 of Europe’s… Continue reading Europeans Bought 125,000 Electrified Cars In March

Nissan Bumps Up LEAF Base Price In UK

The company says it’s adjusting the price because of outside influences. Despite competing in a tough new car market, Nissan thinks it deserves to give its still-fresh Leaf a price hike in the UK. A Nissan official told Autocar this week the price change is due to, “market demands and other influences, such as inflation… Continue reading Nissan Bumps Up LEAF Base Price In UK