@Renault: Renault Group : Nissan announces exit from Russian market      000421

PRESS RELEASEOctober 11, 2022 Nissan announces exit from Russian market         Boulogne-Billancourt, October 11, 2022 – Nissan announced today its intention to sell its Russian operations. Nissan’s adjustment, published in Japanese accounting standards and booked for the 2022/2023 fiscal year, will have a negative contribution to Renault Group’s net income estimated at €331 million(1) for the… Continue reading @Renault: Renault Group : Nissan announces exit from Russian market      000421

@Renault: Renault Group : Nissan annonce sa sortie du marché russe000420

COMMUNIQUE DE PRESSE11 octobre 2022 Nissan annonce sa sortie du marché russe Boulogne-Billancourt, le 11 octobre 2022 – Nissan a annoncé aujourd’hui son intention de céder ses activités russes. L’ajustement de Nissan, publié en normes comptables japonaises et comptabilisé au titre de l’exercice 2022/2023, se traduira dans le résultat net de Renault Group du 2nd… Continue reading @Renault: Renault Group : Nissan annonce sa sortie du marché russe000420

ECARX Bolsters Executive Leadership Team

Experienced Leaders will Accelerate ECARX’s Technology Development and Product Roll-Out, Strategic Acquisitions and Investments, and Global Expansion LONDON, Oct. 11, 2022 /PRNewswire/ — ECARX Holdings, Inc. (“ECARX”), a global mobility tech company, today announced the appointments of Ramesh Narasimhan as Chief Financial Officer, Peter Cirino as Chief Operating Officer and Andrew Winterton as General Counsel. Today’s news… Continue reading ECARX Bolsters Executive Leadership Team

@Nissan: Nissan Announces Exit From Russian Market000869

2022/10/11 YOKOHAMA, Japan – Signalling its imminent exit from the market, Nissan’s Executive Committee has today approved the sale of its Russian operations to NAMI, the Central Research and Development Automobile and Engine Institute. The sale will transfer all Nissan operations in Russia under the Nissan Manufacturing Russia LLC (NMGR) legal entity to NAMI for… Continue reading @Nissan: Nissan Announces Exit From Russian Market000869

Light Commercial Vehicle Market Size to Record a CAGR of 1.5%, Rising Penetration of Downsized Engines in LCVs to Boost Market Growth – Technavio

NEW YORK, Oct. 11, 2022 /PRNewswire/ — The “Light Commercial Vehicle Market by Type (Conventional fuel vehicles and Alternative fuel vehicles) and Geography (North America, APAC, Europe, South America, and Middle East and Africa) – Forecast and Analysis 2022-2026″ report has been added to Technavio’s offering. The potential growth difference for the light commercial vehicle… Continue reading Light Commercial Vehicle Market Size to Record a CAGR of 1.5%, Rising Penetration of Downsized Engines in LCVs to Boost Market Growth – Technavio

@Nissan: Nissan announces exit from Russian market000868

2022/10/11 YOKOHAMA, Japan – Signalling its imminent exit from the market, Nissan’s Executive Committee has today approved the sale of its Russian operations to NAMI, the Central Research and Development Automobile and Engine Institute. The sale will transfer all Nissan operations in Russia under the Nissan Manufacturing Russia LLC (NMGR) legal entity to NAMI for… Continue reading @Nissan: Nissan announces exit from Russian market000868

Nissan tightens the screws in Carlos Ghosn case – Automotive News Europe

The automaker this year settled a class-action lawsuit brought against it and several former executives by U.S. shareholders who claimed they were misled about Ghosn’s compensation. Backers of Ghosn and Kelly say Nissan moved to settle only after defense teams requested discovery disclosure of embarrassing documents that might support their innocence. After settling that case… Continue reading Nissan tightens the screws in Carlos Ghosn case – Automotive News Europe

Clean Technica: Tesla Model Y Germany’s Best Selling Vehicle in September, Beating Iconic VW Golf002306

Germany, Europe’s largest auto market, saw plugin electric vehicles take 32.2% share in September, up from 28.7% year on year. Full electrics grew more than plugin hybrids. Overall auto volume was 224,864 units, up 14% from last year, and down some 8% from September 2019’s result. The Tesla Model Y was the overall best selling… Continue reading Clean Technica: Tesla Model Y Germany’s Best Selling Vehicle in September, Beating Iconic VW Golf002306

Nissan X-Trail

Peak system output is 201bhp. If it’s not too much of an oxymoron, think of it as a petrol-powered electric car, with an ICE providing the electricity, rather than a large battery charged from an external source, and you’re pretty much there. In a first in the X-Trail, the e-Power system is offered with four-wheel… Continue reading Nissan X-Trail