TOKYO — Struggling Japanese auto parts supplier Marelli Holdings will enter a court-led restructuring process after failing to get creditors to back an alternative workout plan that would have brought faster debt relief. Marelli, a KKR-owned supplier that counts Nissan and Stellantis as clients, plans to continue operating while going through restructuring. But the switch to the… Continue reading KKR-owned auto supplier Marelli enters court-led restructuring
Tag: Renault
EV Reservation Data Reveals Frantic Demand from Truck Buyers
There’s a trend of over-ordering happening for electric trucks, as no one is sure which manufacturer will deliver these new trucks. About 89% of Tesla Cybertruck reservations overlap with another truck pre-order, and 100% of F-150 and Silverado reservation holders also pre-ordered another vehicle on this list. Source: Recurrent Recurrent, a firm that analyzes electric… Continue reading EV Reservation Data Reveals Frantic Demand from Truck Buyers
@Nissan: 2022/06/23 Nissan to supply Formula E Gen3 powertrains to McLaren Racing Nissan and…000779
2022/06/23 YOKOHAMA, Japan – Nissan and McLaren Racing announced today a multi-year technical collaboration, which will commence at the beginning of the 2022/23 ABB FIA Formula E World Championship season. With McLaren Racing confirming its participation in the sport from Season 9 of the all-electric series, the partnership will see the Japanese automaker supply its… Continue reading @Nissan: 2022/06/23 Nissan to supply Formula E Gen3 powertrains to McLaren Racing Nissan and…000779
2023 Nissan Leaf starts at $28,895 in base S form: Refreshed look, 149-mile range
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Mitsubishi fund invests in Japanese ecommerce firm
Super Studio will use the fresh funds to create new businesses and support digital transformation. Go to Source
@Renault: Renault Group and Minth Group join forces to produce battery casings for electric vehicles assembled in France000399
Renault Group and Minth Group join forces to produce battery casings for electric vehicles assembled in France Signature for the creation of a joint venture based in France to produce battery casings for electric vehicles. The joint venture will locate this high-tech activity at the ElectriCity’s Ruitz plant. This strategic project will contribute to strengthen… Continue reading @Renault: Renault Group and Minth Group join forces to produce battery casings for electric vehicles assembled in France000399
Renault Group and Minth Group join forces to produce battery casings for electric vehicles assembled in France
Renault Group and Minth Group join forces to produce battery casings for electric vehicles assembled in France Signature for the creation of a joint venture based in France to produce battery casings for electric vehicles. The joint venture will locate this high-tech activity at the ElectriCity’s Ruitz plant. This strategic project will contribute to strengthen… Continue reading Renault Group and Minth Group join forces to produce battery casings for electric vehicles assembled in France
Clean Technica: Fiat 500e Shines In 21% Plugin Share Market Of France002054
Plugin vehicles continue to rise in France, with last month’s plugin vehicle registrations ending at 26,517 units, divided between 15,247 BEVs (or 12% share of the overall auto market) and 11,270 PHEVs (9% share of the overall auto market). The former jumped 38% year over year (YoY) while the latter was actually down by 13%.… Continue reading Clean Technica: Fiat 500e Shines In 21% Plugin Share Market Of France002054
Kishida visits Toyota plant, pledges dialogue forum with automakers
TOKYO — Japanese Prime Minister Fumio Kishida said he will set up a “new forum for dialogue” with the automotive industry during a visit to a Toyota Motor plant on Friday. Kishida visited Toyota’s Motomachi Plant in Aichi Prefecture. After observing the automobile inspection process, Kishida spoke with company President Akio Toyoda and Toyota employees.… Continue reading Kishida visits Toyota plant, pledges dialogue forum with automakers
Mazda and Mitsubishi Motors to lift prices in Japan
TOKYO — Mazda and Mitsubishi Motors vehicles will cost more in Japan come fall as the nation’s medium-size automakers begin passing on their rising raw materials costs and adjust to the weakening yen. Mazda will raise prices for two models, including the flagship Mazda3 compact, by about 3%. Mitsubishi Motor’s price hike will also be… Continue reading Mazda and Mitsubishi Motors to lift prices in Japan