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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,...
New fund: Automakers Renault ( OTC:RNSDF , OTCPK:RNLSY ), Nissan ( OTCPK:NSANY , OTCPK:NSANF ), and Mitsubishi ( OTCPK:MMTOF ) announced plans to establish Alliance Ventures. The venture capital fund will invest up to $1B over five years in vehicle electrification, AI, and autonomous ...
Resolution of production problems has begun Tesla Model 3 production is finally starting to ramp up. The ever increasing production rate passed 1,000 vehicles per week for the last few days of 2017 according to Tesla. New targets are 2,500 by end of Q1, 5,000 per week by summer and if that's...
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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 ...