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Last September 8, I predicted that both the Tesla Model 3 and the Nissan LEAF would sell approximately 100,000 cars in 2018, on a global basis: here. At the time, that proposition was laughed at, as being wildly unrealistic. After all, Tesla's guidance for the Model 3 was for 400,000 Model...
The facts are as clear as they are painful for the U.S. automotive industry: The average U.S. gasoline price is $2.92 per gallon as of this writing (May 19): https://gasprices.aaa.com/ -- and it’s been going up. A year prior, it was $2.34. That’s an increase of 25%. ...
The following slide deck was published by Nissan Motor Co., Ltd. ADR in conjunction with their 2017 Q4 earnings Read more ...
There are only two car factories in North America with annual unit output of more than 600,000, and they are both fairly similar in size: Close to, or a little under, 650,000 units per year. They are: Nissan (NSANY) in Tennessee. Volkswagen (VLKAF) in Mexico. These two factories ...
For all the talk about how Tesla (NASDAQ: TSLA ) has been a great stock, FCA (NYSE: FCAU ) has done much better in the last two years. It’s gone from under $6 per share to over $22. What’s behind this monster move? The answer resides in three new products that eventually hit...
Automakers hosted press conferences at the annual New York Auto Show around March 28, to show their new wares, most of which will become available some time in 2018, although some not only until 2019. In comparison to other auto shows, there were precious few exotic concept cars, and the new v...
We have written in the past about how Nissan (NSANY) may wipe out a significant part of Tesla (TSLA) Model 3 demand worldwide. Data that is now starting to trickle in from Europe and Japan is suggesting that Leaf is a winner. After finding out that Leaf sold over 3,700 units in Japan in Fe...
Renault ( RNSDF ) ( RNLSY ) is a well-managed French car company that is the world leader in electric vehicles. It is also reasonably valued. It can benefit from further integration with Nissan ( NSANY ) ( NSANF ), in which it already owns a stake of 43%. This integration might accelerate now ...
General Motors ( GM ) is most famous in the SUV world for its body-on-frame SUVs made in its factory near Dallas, TX. It sold 277,413 of them in the U.S. alone, in 2017. That was down 5% over 2016: here. Many buyers of these body-on-frame SUVs - Tahoe, Suburban, Yukon and Escalade - howeve...
In the car industry, we often emphasize unit sales. So-and-so car sold 5,000 units this month in this-or-that geography, and so forth. And that's fine for a shorthand calculation of company performance, in many instances. But it's not the ultimate goal of the shareholder. As a shareholder,...
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Nissan and Mitsubishi Corporation agree to explore new business in next-generation-mobility and energy-related services utilizing EVs TOKYO, Mar 18, 2024 - (JCN Newswire) - Nissan Motor Co., Ltd. (Nissan) and Mitsubishi Corporation (MC) have signed a memorandum of understanding to e...
Nissan and Honda to start feasibility study of strategic partnership TOKYO, Mar 18, 2024 - (JCN Newswire) - Nissan Motor Co., Ltd. (Nissan) and Honda Motor Co., Ltd. (Honda) announced today that the two companies have signed a memorandum of understanding under which they will begin ...
Nissan, Mitsubishi Motors, and NMKV mark production of 50,000th fully electric minivehicle YOKOHAMA & TOKYO, Japan, May 31, 2023 - (JCN Newswire) - Nissan Motor Co., Ltd. (Nissan), Mitsubishi Motors Corporation (Mitsubishi Motors), and NMKV Co., Ltd. (NMKV) today announced that ...