Tag: Renault

Ghosn ‘happy and satisfied’ after grilling by French investigators

Beirut — Ex-Nissan boss Carlos Ghosn has answered hundreds of questions by French investigators over the past week in Beirut and was “happy and satisfied” to have had the opportunity to explain himself over accusations of financial misconduct, his lawyers said Friday. The four and a half days of questioning marked the first opportunity for… Continue reading Ghosn ‘happy and satisfied’ after grilling by French investigators

Nissan delays release of flagship electric car amid chip crunch

Nissan Motor Co. is pushing back the release of its flagship Ariya electric vehicle, highlighting the struggle automakers everywhere are facing in trying to launch new cars amid a persisting shortage of semiconductors. When the Ariya SUV was first unveiled in July last year, Nissan said it was scheduled to go on sale in mid-2021.… Continue reading Nissan delays release of flagship electric car amid chip crunch

Why a silicon chip shortage has left carmakers in the slow lane | John Naughton

Here’s a tale of two industries – cars and computers. In February, major car manufacturers such as Nissan and Honda began to warn shareholders that revenues were likely to fall significantly below expectations. And the reason wasn’t Covid-19 – well, not directly anyway: the pandemic had already significantly depressed sales in 2020. No, the problem… Continue reading Why a silicon chip shortage has left carmakers in the slow lane | John Naughton

Nissan launches flagship Ariya EV in Japan

TOKYO — Nissan Motor has started taking preorders in Japan for limited editions of its first new battery electric car in a decade. The Japanese carmaker is pinning hopes on the Ariya, its first all-electric crossover SUV, to pep up its EV range. The Ariya “will be Nissan’s flagship car,” said Asako Hoshino, executive vice… Continue reading Nissan launches flagship Ariya EV in Japan

End of Carlos Ghosn’s hearing in Lebanon

Five days of hearing, hundreds of questions. Carlos Ghosn completed a marathon week this Friday, during which he responded to the examining magistrates of Nanterre and Paris, who came especially to Lebanon to hear it, this time as a witness, in the presence of a Lebanese prosecutor. The former boss of the Renault-Nissan group had… Continue reading End of Carlos Ghosn’s hearing in Lebanon

Hyundai Motor Americas Region Names Carlos Servin Chief Cost Optimization Officer

FOUNTAIN VALLEY, Calif., June 4, 2021 /PRNewswire/ — Hyundai Motor Americas Region has appointed Carlos Servin as the Chief Cost Optimization Officer. Servin will be responsible for leading the strategy and execution of all cost optimization initiatives across North and South America. This includes benchmarking and implementing best practices for localization, supplier assessments and cost… Continue reading Hyundai Motor Americas Region Names Carlos Servin Chief Cost Optimization Officer

Renault Nissan Auto breached agreement with union: Madras HC

Madras High Court on Friday categorically said the agreement has to be implemented in full. New Delhi: Frowning upon the car maker Renault Nissan Automotive India Private Ltd for breaching the agreement signed with its worker union, the Madras High Court on Friday categorically said the agreement has to be implemented in full. Renault Nissan… Continue reading Renault Nissan Auto breached agreement with union: Madras HC