Nissan to cut hundreds of UK jobs

Nissan is to cut hundreds of jobs at its Sunderland car plant, as diesel sales decline. The carmaker builds its Qashqai and Juke models at the north-eastern England site, where it employs 7,000 people. As well as a fall in the demand for its diesel cars, the job losses relate to a switch in production… Continue reading Nissan to cut hundreds of UK jobs

Nissan: Nissan announces North American management changes

NASHVILLE, Tenn. – Nissan is making several changes to its management team in North America as the company focuses on the key pillars of its “M.O.V.E. to 2022” midterm business plan. The mission of the six-year plan is to achieve sustainable growth and to lead the technology and business evolution of the automotive industry. Changes… Continue reading Nissan: Nissan announces North American management changes

Battery startup EcoFlow raises over $4m Series A from Chinese investors

April 30, 2018 EcoFlow, a battery startup company based in San Francisco and China, has raised over $4 million Series A from Delia Capital, SCUD Group, Guangzhou Penghui Energy and Chunjia Assets, the company announced on April 27. EcoFlow said it will use the proceeds to expand R&D and sales, further deploy energy storage products, and… Continue reading Battery startup EcoFlow raises over $4m Series A from Chinese investors

Top Automotive Industry News for Week of April 23 – April 29, 2018

Here is the most important news associated with the automotive industry identified by the AEA for the week April 23, 2018 – April 29, 2018. We hope it helps you stay up to speed on the key developments in our industry: -Automotive Manufacturing News- 6 Reasons Ford CEO Jim Hackett Decided To Deep-Six Its Sedans… Continue reading Top Automotive Industry News for Week of April 23 – April 29, 2018

Fastned To Install Multi-Charger Stations In UK

Fastned fast charging station The first station will be located within the Newcastle University’s Newcastle Helix site. The second one near the heart of the Sunderland. Both are to be equipped with six fast chargers, but only two in Newcastle will be 175 kW (350 kW enabled), the other 10 probably will be 50 kW.… Continue reading Fastned To Install Multi-Charger Stations In UK

Nissan to introduce 20 new electric models to China within five years

The Nissan Leaf full electric vehicle. [Photo provided to chinadaily.com.cn] TIANJIN – Japanese automaker Nissan will launch 20 new electric vehicles (EVs) in China in the next five years, the company announced on Wednesday at the on-going Beijing International Automotive Exhibition. Jose Munoz, chairman of Nissan’s China management committee,said that Nissan will open a new… Continue reading Nissan to introduce 20 new electric models to China within five years

Renault: the turnover penalized by the effects of exchange

The comparison is cruel. Three days later PSA, which reported a turnover up more than 40% in the first quarter, Renault announces that it has remained virtually stable over the same period. According to figures released this Friday, the French automaker – a member of the world’s first automotive alliance by sales with Nissan and… Continue reading Renault: the turnover penalized by the effects of exchange

Toyota to invest $170 mln in Mississippi plant, create 400 jobs

DETROIT (Reuters) – Toyota Motor Corp (7203.T) will invest $170 million in an existing plant in Mississippi to build the next generation of its Corolla sedan, the Japanese automaker said on Thursday. FILE PHOTO: The Toyota logo is shown at the Los Angeles Auto Show in Los Angeles, California, U.S., November 30, 2017. REUTERS/Mike Blake/File… Continue reading Toyota to invest $170 mln in Mississippi plant, create 400 jobs

All-electric Toyota C-HR announced as part of Chinese plug-in plans

Toyota will produce an all-electric version of the C-HR for the Chinese market from 2020. Announced at the Beijing motor show, the zero-emissions crossover will follow two new versions of existing Toyota plug-in hybrids, the Corolla and Levin saloons, that are due in 2019. Those cars are claimed to be capable of 30 miles in pure-electric… Continue reading All-electric Toyota C-HR announced as part of Chinese plug-in plans

Nissan CEO says ‘no merit’ in merger with Renault

Sources told Reuters in March that the automakers were discussing plans for a closer tie-up in which Nissan would acquire the bulk of the French state’s 15 per cent Renault holding. Nissan Motor Co’s chief executive dismissed the idea of merging the Japanese automaker with its alliance partner Renault, emphasizing the importance of independence as… Continue reading Nissan CEO says ‘no merit’ in merger with Renault