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After four months of accelerated growth, European Union car registrations slipped 19.1% Y/Y in August to 622,993 units, followed by 23.2% decline in July to 823,949 units. The market picked up with +87.3% in March, +218.6% in April, +53.4% in May and +10.4% in June, after ...
Global electric car sales for July 2021 were up 94% YoY reaching 7.1% share, third best month ever. China sales rose 143% YoY reaching 15% share. EV market news - Biden outlines target of 50% EV sales share in 2030. UBS forecasts 25% EVs by 2025 and 60-70% by 2030. Musk says EVs at "i...
This is a step forward for Toyota more in terms of its new factory in Alabama. Toyota will produce the Corolla Cross in this new factory, and this is unsurprisingly the crossover-SUV version of the Corolla. Looking at the Kia Seltos-Forte sales ratios in the US market, we can esti...
The pandemic is just one of many challenges that Goodyear has faced, and overcome, in its 122 year history. Goodyear’s acquisition of Cooper Tire strengthens its competitive position, while providing some immediate benefits. I rate Goodyear a “Buy” with a 12 m...
Global electric car sales for June 2021 were up 153% YoY reaching 8.7% share. Europe sales rose 157% YoY reaching 19% share, and China sales rose 158% YoY reaching 15% share. EV market news - EU proposes end to the internal combustion engine in 2035. Bank of America sees EVs represent...
Nissan Motor Co Ltd (NSANY) Q1 2022 Earnings Conference Call July 28, 2021, 05:45 ET Company Participants Sadayuki Hamaguchi - Chief Communications Officer & Corporate VP Ashwani Gupta - Chief Performance Officer, COO & Director Makoto Uchida - CEO, President & Director Stephen M&...
Commercial vehicle registrations in the European Union increased 12.4% to 185,573 units in June, followed by +51.3% in May.Demand was largely driven by Central European countries +43.4%, while only two of the four key Western European markets showed positive results: Germa...
Automakers and battery manufacturers are racing to develop battery technology to power the next generation of vehicles and a greener future. The battery in question needs to reinforce the body structure and extend the driving range. Engineers refer to it as a structural battery that holds t...
Nissan Motor (NSANY): Q1 Net income of ¥114.5B.Revenue of ¥2.01T (+71.8% Y/Y).The Japanese automaker says it expects to return to profit for the fiscal year through March 2022, with a ¥60B profit.Press Release For further details see: Nissan Motor reports Q1 res...
On Friday, Rivian revealed it closed a $2.5 billion funding round, led by existing investors Amazon (NASDAQ: AMZN), Ford Motor (NYSE: F) and T. Rowe Price (NASDAQ: TROW). Also last week, Rivian revealed its plans to build a second assembly plant in the U.S. as it moves towards beginning pro...
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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 ...