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New commercial vehicle registrations in the European Union fell 14.7% to 142,480 units in November, followed by 16.4% decline in October. Van segment’s double-digit drop weighed heavily on the overall result, as vans accounted for over 80% of total commercial vehicle sales in...
The European Union is planning to ban combustion engine cars by 2035, but that may have some knock-on effects on employment across the bloc. In a recent survey of the European Association of Automotive Suppliers, CLEPA, PwC found that the speed of the energy transition would put half a millio...
Global electric car sales for Oct. 2021 - Up 70% YoY, reaching 8.8% share. China sales up 113% YoY to 16% share. Europe sales up 26% YoY to 23% share. EV market news - Greece banning fossil-fuel cars from 2030. Biden signs Infrastructure Bill that includes $7.5 billion to build about ...
Toyota is not backing off from the internal combustion engine (ICE). Toyota is flirting with ICE powered by hydrogen; where does that leave their fuel cell program? Toyota refuses to sign COP 26 pledge to exit ICE manufacture by 2040. Toyota is the “go to” invest...
Nissan (OTCPK:NSANY) unveils plans to spend ¥2T ($17.6B) over the next five years to electrify more of its lineup, and introduce 15 new electric vehicle models by FY 2030. In its Ambition 2030 strategy released today, Nissan says half of its vehicles sold will be powered at least pa...
Commercial vehicle registrations in the European Union fell 16.4% to 144,409 units in October, followed by 12.3% decline in September. All major EU markets recorded double-digit declines: Italy -22.9%, Germany -24.3%, France -23.3% and Spain -32.7%. On YTD basis, commercia...
Nissan Motor Co Ltd (NSANY) Q2 2022 Earnings Conference Call November 9, 2021 03:00 AM ET Company Participants Sadayuki Hamaguchi - Chief Communications Officer & Corporate VP Ashwani Gupta - Chief Performance Officer, COO & Director Stephen Ma - CFO Conference Call Participants Ryo A...
Nissan (OTCPK:NSANY +4.1%) shares get a boost after the automaker raises its full-year operating profit to ¥180B ($1.6B) from an earlier ¥60B ($531M) due to higher margins. The company has been forced to lower production due to the semiconductor shortages affecting automakers a...
Global electric car sales for Sept. 2021 - Up 98% YoY, a record 10.2% share. China sales up 171% YoY to 20% share. Europe sales up 42% YoY to 23% share. EV market news - UK car sales plunge but EVs soar to record amid fuel crisis. UK boosts support for EVs. China's EV sales expected t...
AutoNation has had some mixed financial results in recent years, with the pandemic hitting its top line most. Cash flow remains robust, though, and the overall condition of the company, fundamentally, is strong. It has some chance for growth ahead, and shares are not precisely pri...
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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 ...