Cleantechnica: China Electric Car Market — 28% Share Of Auto Sales In June!002135

Plugin vehicles continue to be all the rage in the Chinese auto market. Plugins got back into the fast lane, growing 132% year over year (YoY). They scored over 565,000 registrations in June, a new record. Plugin hybrids (PHEVs) surged 179% year over year (YoY). They reached a record 124,000 registrations in June. Their growth… Continue reading Cleantechnica: China Electric Car Market — 28% Share Of Auto Sales In June!002135

Randy Parker Named Chief Executive Officer of Hyundai Motor America

Parker is One of the First African Americans to Be Named CEO of a Major OEM Regional Market Hyundai Achieved Significant Sales and Market Share Gains Under Parker’s Tenure as Senior Vice President of National Sales FOUNTAIN VALLEY, Calif., July 28, 2022 /PRNewswire/ — Hyundai Motor North America has promoted Randy Parker to be chief… Continue reading Randy Parker Named Chief Executive Officer of Hyundai Motor America

Hyundai Motor North America appoints Edgar Carranza as Chief Executive Officer of Hyundai Motor México

MEXICO CITY, July 28, 2022 /PRNewswire/ — Hyundai Motor North America has named Edgar Carranza, Hyundai Motor Mexico (HMM), Chief Executive Officer effective August 1. Currently, Carranza is Chief Operations Officer for HMM.  As CEO, Mr. Carranza will have overall responsibility for operations, marketing, sales, service and customer satisfaction activities.  He will be responsible for developing… Continue reading Hyundai Motor North America appoints Edgar Carranza as Chief Executive Officer of Hyundai Motor México

TEDROS MENGISTE PROMOTED TO VICE PRESIDENT, SALES OPERATIONS

Mengiste has been instrumental in leading the Genesis Motor America Sales Operations team to 19 consecutive months of record sales growth FOUNTAIN VALLEY, Calif., July 28, 2022 /PRNewswire/ — Today Genesis Motor North America announced the promotion of Tedros Mengiste to Vice President, Sales Operations effective Aug. 1. Mengiste will continue to be responsible for… Continue reading TEDROS MENGISTE PROMOTED TO VICE PRESIDENT, SALES OPERATIONS

Senate deal would revive EV tax credits for GM, Tesla and Toyota

Automakers might just get the EV tax credit extension they’ve been hoping for. Bloomberg and InsideEVs claim Senators Chuck Schumer and Joe Manchin have reached an agreement on the Inflation Reduction Act that would replace the 200,000-unit cap on federal EV tax credits with a system that would restore those perks for GM, Tesla and… Continue reading Senate deal would revive EV tax credits for GM, Tesla and Toyota

RENAULT GROUP: Nissan contribution to Renault’s Q2 2022 earnings

July 28th, 2022 Nissan contributes €276 million for second quarter 2022 to Renault Group’s earnings Nissan released today its results for the first quarter of fiscal year 2022/2023 (April 1st, 2022 to March 31st, 2023). Nissan’s results, published in Japanese accounting standards, for the first quarter of fiscal year 2022/2023 (April 1st to June 30th,… Continue reading RENAULT GROUP: Nissan contribution to Renault’s Q2 2022 earnings

RENAULT GROUP: Contribution de Nissan aux résultats du 2ème trimestre 2022 de Renault

Le 28 juillet 2022 Nissan contribue aux résultats de Renault Group à hauteur de 276 millions d’euros au titre du 2ème trimestre 2022 Nissan a publié aujourd’hui les résultats du premier trimestre de son exercice fiscal 2022/2023 couvrant la période du 1er avril 2022 au 31 mars 2023. Le résultat publié par Nissan en normes comptables… Continue reading RENAULT GROUP: Contribution de Nissan aux résultats du 2ème trimestre 2022 de Renault

Opinion: What Porsche’s return to F1 with Red Bull will mean

The long-expected Formula 1 partnership between Red Bull and Porsche looks set to be confirmed. Stories have emerged this week that the car maker will buy a 50% stake in Red Bull Technologies, the arm of the Austrian-owned, UK-based business that includes a new F1 engine factory that will be fully operational by the end of the year. Finally, Porsche’s… Continue reading Opinion: What Porsche’s return to F1 with Red Bull will mean

@Nissan: Nissan reports April-June progress for fiscal year 2022000811

July 28, 2022 [embedded content] Operating profit of 64.9 billion yen and net income of 47.1 billion yen reported in the first quarter Significant increase in revenue per unit of key models as quality of sales continues to improve YOKOHAMA, Japan – Nissan Motor Co., Ltd. today announced financial results for the three months ended… Continue reading @Nissan: Nissan reports April-June progress for fiscal year 2022000811

Jeep Pulls Out of China Over Government Meddling in Business

(Bloomberg) — Stellantis NV shuttered its only Jeep factory in China because local politicians are increasingly meddling in the world’s biggest car market, Chief Executive Officer Carlos Tavares said Thursday. Most Read from Bloomberg The carmaker is implementing an “asset-light” strategy in the country out of concern that rising political tensions between China and the… Continue reading Jeep Pulls Out of China Over Government Meddling in Business