The automaker Daimler has almost doubled its profit in the first quarter of the year, almost. One reason for this was real estate sales – the stock is still rising. Daimler-Star Wednesday, 12.04.2017 08:03 clock Not all figures from the first quarterly report are yet to be published, but one thing is certain: Daimler has… Continue reading Daimler doubles quarterly profit
Tag: Nissan
U.S.-spec 2018 Nissan Leaf Starts Production In Smyrna, Tennessee
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U.S.-spec 2018 Nissan Leaf Starts Production In Smyrna, Tennessee
6 Dec 2017, 0:13 UTC · by Mircea Panait
/ Home / News / Industry
Also assembled in Japan and the United Kingdom, the Nissan Leaf has re-started production at the Smyrna, Tennessee plant in the United States. The cars assembled there which will serve the U.S. public in the market for an affordable electric vehicle.
13 photos”We're committed to vehicle electrification and manufacturing in the United States,” commented Jeff Younginer, the vice president of manufacturing at Smyrna Vehicle Assembly Plant. “With the Leaf's low starting price and latest suite of Nissan Intelligent Mobility features, we're excited to ramp up production and bring the Leaf to market next month.”
Pricing information of the second-generation Leaf in U.S. specification has been announcedt, with the new kid on the block offering more than 150 miles of range for $29,990. The 2017 model, which is still available on dealer lots, starts from $30,680 and offers as many as 107 miles of range.
The world’s best-selling electric vehicle is more capable thanks to many improvements to the platform and battery, with the latter now offering a capacity of 40 kWh. Next year, Nissan will sweeten the deal with a 60 kWh battery, translating to a driving range of more than 225 miles according to executive VP of global sales and marketing Daniele Schillaci.
Nissan’s second-generation Leaf is off to a fantastic start, with the all-electric model accumulating more than 23,000 orders on a global level in its first month of availability. Japan was the first market to open the order books on October 2, and it’s responsible for 19k of all first-month orders.
As part of the Alliance 2022 business plan, the Renault-Nissan-Mitsubishi trio plans to launch no less than 12 electric vehicles that will utilize common platforms and components. In addition to this eco-friendly promise, Nissan and the gang will introduce 40 vehicles with autonomous drive technology, even though ProPilot is still far from Level 5 autonomy.
The Leaf hatchback and Rogue utility vehicle both offer ProPilot Assist, Nissan’s most advanced semi-autonomous driving system to date.
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2018 Ford Expedition Starts Production At Kentucky Truck Plant
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2018 Ford Expedition Starts Production At Kentucky Truck Plant
30 Oct 2017, 16:54 UTC · by Mircea Panait
/ Home / News / Car Profile
Following an investment of $900 million, the Kentucky Truck Plant is capable of churning out the all-new Ford Expedition and Lincoln Navigator. After the luxed-up Navigator started production on September 25, the Expedition followed suit. One of the first customers of the full-size SUV is Houston pastor Develron Walker (pictured), who received his 2018 Expedition as a gift from FoMoCo.
26 photosWhy’s that? Hurricane Harvey took its toll on Develron’s church and community, as well as his previous car. Walker argues the church was denied both government assistance and a small business loan, despite the fact the pastor and his congregation helped 200 families following the storm. And that, ladies and gentlemen, is the narrative behind Ford’s generous benefaction.
“Even while facing extremely tough circumstances, Pastor Walker has shown his relentless commitment to helping those in his community, and we hope the Expedition will help him go further with his ministry as they rebuild,” declared Joe Hinrichs, the Dearborn-based automaker’s president of global operations.
Just like the previous Expedition, the 2018 Expedition is propelled by a 3.5-liter twin-turbo V6. The EcoBoost engine is rated at 375 horsepower and 470 pound-feet of torque, but there’s a more powerful tune available. Reserved for the Platinum trim level, the more potent EcoBoost develops 400 ponies and 480 pound-feet. Regardless of trim level and drivetrain specification, the newcomer relies on a 10-speed automatic transmission co-developed with GM.
Arriving at dealerships in the coming weeks, the 2018 Ford Expedition is expected to boast best-in-class mileage. What’s for certain, however, is that the redesigned Expedition is the best of its class in terms of towing, being capable of trailering 9,300 pounds (4,218 kilograms). Pricing kicks off at $51,695 for the Expedition XLT. The slightly longer XLT Max will set you back $54,385. At the other end of the spectrum, the 2018 Ford Expedition Platinum Max retails at $75,400.
Those interested in the 2018 Lincoln Navigator, well, the full-sized luxobarge is considerably more expensive. The base model starts at $72,055 while the Black Label retails at $93,705.
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Volkswagen To Invest $12B To Launch 40 EV Models In China By 2025
Automotive manufacturer Volkswagen AG has said it will invest over US$12 billion by 2020 with its Chinese partners to launch as many as 40 new electric and hybrid vehicle models in China by 2025. The first of the new models could enter the Chinese market as early as next year, Jochem Heizmann, the head of… Continue reading Volkswagen To Invest $12B To Launch 40 EV Models In China By 2025
EV Charging Station Firm Chargerlink Secures $20M Venture Funding
Chargerlink, a Shenzhen-based start-up focused on providing charging station solutions for the electric vehicles (EV) sector, has secured US$20 million series A round, the largest venture funding in the EV services market in China. According to Chinese media reports, four Chinese investors participated in the round, which will be used to expand the company’s business.… Continue reading EV Charging Station Firm Chargerlink Secures $20M Venture Funding
Opel boss Neumann goes, Chief Financial Officer takes over
Opel boss Karl-Thomas Neumann resigns. Successor will, according to the company, the previous CFO Michael Lohscheller. The takeover by PSA-Peugeot-Citroën should not hinder this. imago / onemorepicture Opel manager Neumann Monday, 12.06.2017 16:42 clock New boss of Opel becomes the former Chief Financial Officer Michael Lohscheller. He succeeds Karl-Thomas Neumann, who resigned on Monday, as… Continue reading Opel boss Neumann goes, Chief Financial Officer takes over
“The man who knows the costs”
Opel is in crisis – and should be sold to PSA. The former finance manager Michael Lohscheller should guide Opel as the new boss. What are his biggest challenges? Michael Lohscheller Monday, 12.06.2017 20:14 clock As man for the numbers came to finance boss Michael Lohscheller Opel, as new CEO, he will now continue. The… Continue reading “The man who knows the costs”
TI Automotive Names Andy Ridgway Vice President, Thermal Products
AUBURN HILLS, Mich. (March 31, 2017) — TI Automotive, a leading global supplier of automotive fluid systems technology, has named Andy Ridgway vice president, Thermal Products. Ridgway joins TI Automotive from IAV, where he was Chief Executive for the Americas. In his new role, he will direct all activities related to TI Automotive’s Global Thermal… Continue reading TI Automotive Names Andy Ridgway Vice President, Thermal Products
South Korea wants to ban BMW and Porsche models
Trouble for German car makers in South Korea: The Ministry of the Environment accuses BMW and Porsche of irregularities in the registration papers – and could impose severe penalties. Porsche Macan S Tuesday, 29.11.2016 15:50 clock South Korea wants to sell some import models from BMW and Porsche to forbid. Besides the German automakers is… Continue reading South Korea wants to ban BMW and Porsche models