You may have noticed that it’s difficult to get ahold of new high-end graphics cards and game consoles these days. In large part, that’s due to an ongoing global shortage affecting semiconductor foundries. As it turns out, the problem is even more pronounced in the auto industry. In fact, it’s getting so bad that a… Continue reading A Silicon Chip Shortage Is Causing Big Issues for Automakers
Tag: Renault
Autorola offers dealers white label car disposal portal
Autorola UK is offering dealers a white label version of its online wholesale used car sales portal to support dealers in disposing of unwanted or over age stock. The portal gets dealer’s used cars in front of other wholesale buyers digitally without any of the transport costs. Peugeot, Citroen, Skoda, SEAT, VW Commercials, Audi, Nissan,… Continue reading Autorola offers dealers white label car disposal portal
Nidec to Acquire Mitsubishi Heavy Industries Machine Tool Co., Ltd.
KYOTO, Japan, Feb. 05, 2021 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that its Board of Directors has approved a resolution to acquire: the shares of Mitsubishi Heavy Industries Machine Tool Co., Ltd. (“Mitsubishi Heavy Industries Machine Tool”), a company that designs, manufactures, and sells machine… Continue reading Nidec to Acquire Mitsubishi Heavy Industries Machine Tool Co., Ltd.
Renault and PSA hit in turn by the global semiconductor shortage
Posted on Feb 5, 2019 2021 at 16:07 Updated on Feb 5 2021 at 16:43 The semiconductor shortage continues to hit the automotive industry, and it no longer spares the French manufacturers. After having long succeeded in dodging the shutdown of production, Renault announced Friday the interruption of activity for two to three days next… Continue reading Renault and PSA hit in turn by the global semiconductor shortage
@Nissan: New 2021 Nissan Kicks, with updated styling and enhanced connectivity, starts at $19,500000206
February 5, 2021 NASHVILLE, Tenn. – The new Nissan Kicks is now on sale across the U.S., with a starting MSRP of $19,500 USD1 for the Kicks S model. Along with its updated exterior and interior styling, the new Kicks now offers standard Apple CarPlay® and Android Auto™ on all grades, as well as available… Continue reading @Nissan: New 2021 Nissan Kicks, with updated styling and enhanced connectivity, starts at $19,500000206
Stellantis: At the Sochaux plant, the “vagueness” in the face of the shortage of parts which slows down production
Like several major automotive firms, Stellantis (formerly PSA) is now faced with a shortage of electronic components which is slowing production considerably. At the Sochaux plant (Doubs), employees and unions are in doubt. This is news that the employees of Stellantis (ex-PSA) would undoubtedly have done well. The Sochaux plant is about to go on… Continue reading Stellantis: At the Sochaux plant, the “vagueness” in the face of the shortage of parts which slows down production
@niche: Israeli EV startup REE to go public through $3.6 billion blank-check deal000518
By Reuters Staff 2 Min Read (Reuters) – Electric vehicle technology startup REE Automotive has agreed to go public through a merger with a blank-check company, in a deal that values the Israeli firm at around $3.6 billion, the companies said on Wednesday. FILE PHOTO: A prototype of a platform by Israel’s REE Automotive, developers… Continue reading @niche: Israeli EV startup REE to go public through $3.6 billion blank-check deal000518
Japan’s Nidec to buy Mitsubishi machine tool unit for EV motor push
Japan’s Nidec Corp said it will acquire a unit of Mitsubishi Heavy Industries that makes machine and cutting tools as it bolsters a push in motors for electric vehicles (EV). Nidec will buy the business from Japan’s biggest machinery maker for around 30 billion yen ($284 million) in a deal that will help it improve… Continue reading Japan’s Nidec to buy Mitsubishi machine tool unit for EV motor push
Fourth quarter and full year 2020 results
Amsterdam, the Netherlands, 4 February 2021 7:00 AM CEST TomTom on track for 10% growth in Location Technology in 2021 TOMTOM’S CHIEF EXECUTIVE OFFICER, HAROLD GODDIJN“The past year has been a turbulent one. COVID-19 continues to impact people’s lives and disrupt the global economy. While we have also been affected, our Enterprise business showed resilience… Continue reading Fourth quarter and full year 2020 results
Electric vehicle sales surge in EU amid Covid slump
Renault’s Zoe hatchback took poll position thanks to strong sales in France and Germany in particular, with nearly 100,000 sold last year on 23 key European markets Paris: Demand for electric vehicles soared in the EU last year as buyers took advantage of government subsidies for clean cars aimed at helping manufacturers weather the unprecedented… Continue reading Electric vehicle sales surge in EU amid Covid slump