14 result(s) displayed (1 - 14 of 14):
Their global introduction of electric vehicles is two years away, but the Renault-Nissan Alliance is highly conscious of what that task entails. We've noted that its plan calls for creating a vertical countrywide infrastructure by teaming with governments and numerous companies in numerous industries. A year ago it announced a...
Posted on August 4, 2009 2:26 PM
The U.K. and Portugal are offering government assistance for Japan's No. 3 automaker, Nissan Motor Co. Ltd. (NASDAQ:NSANY), to create lithium-ion battery plants in their countries as electric and hybrid vehicles come to market globally. The projected annual capacity for each plant is 60,000 units.Earlier this year, Nissan cut about...
Posted on July 20, 2009 11:58 AM
In January, A123Systems Inc. lost out to a Seoul competitor in the race to get a General Motors Corp. (NYSE:GM) contract to supply lithium-ion batteries for electric cars at a new Michigan plant. So, the eight-year-old Watertown, Mass., company just turned to another U.S. auto giant -- Chrysler LLC.On Monday,...
Posted on April 6, 2009 1:12 PM
Japan's No. 3 automaker, Nissan Motor Co., will delay plans on producing a small car for Chrysler LLC in 2011. As part of that OEM, or original equipment manufacture, deal announced in April, Chrysler would have in turn made a full-sized pickup truck under Nissan's name. Cash-strapped Nissan projected it...
Posted on February 13, 2009 9:51 AM
French President Nicolas Sarkozy's desire to help the auto industry in France is raising the hackles of his European neighbors, who think his moves are protectionist. Renault SA and Peugeot Citroen will split €6 billion ($7.7 billion) in loans, though Renault chief Carlos Ghosn says that number may have to...
Posted on February 10, 2009 3:40 PM
Ford Motor Co., intent on avoiding a federal bailout, was reported last week to have received interest from Chinese buyers for its money-losing Swiss unit, Volvo. Now it looks like France's Renault SA may be in talks with Ford about buying Volvo. A Renault-Volvo combination proposed 16 years ago was...
Posted on February 2, 2009 5:15 PM
CD has been keeping an eye on developments in the auto industry's global push to make energy-efficient vehicles and the infrastructure to support their sale. Here's the latest: MidAmerican Energy Holdings Co., majority owned by Warren Buffett's Berkshire Hathaway Inc., just invested HK$1.8 billion ($230 million), in China's BYD Co....
Posted on September 29, 2008 5:10 PM
As oil prices skyrocket and U.S. car sales slump, automobile manufacturers around the world are driving more business deals into Russia, which now outpaces all European auto markets. General Motors Corp. and GAZ, a Russian carmaker, are planning a $1 billion joint venture to create a light-vehicles unit. The venture...
Posted on July 25, 2008 11:33 AM
There's a lot of maneuvering underway as big-name automakers race to bring electric cars to market. On Tuesday we noted how there had already been two electric car deals announced in July -- General Motors Corp. alliance with electric companies in 40 states to support GM's roll-out of the Chevrolet...
Posted on July 23, 2008 3:23 PM
General Motors Corp.'s alliance with three dozen utility companies is the second deal in less than two weeks aimed at building a plug-in network for electric cars. GM announced Tuesday that it was hooking up with electric companies in 40 states to collaborate on efforts to support the Chevrolet Volt...
Posted on July 22, 2008 9:22 AM
It's normal that when two firm's decide to team up via joint venture they may have to build a manufacturing plant or synchronize operations. What's atypical is setting up a vertical countrywide infrastructure by teaming with governments and numerous companies in numerous industries. That's what's required for the electric vehicle JV between Nissan Motor and Renault.
Posted on July 10, 2008 8:33 AM
India's largest motorcycle maker, Bajaj Auto Ltd., and auto manufacturers Renault SA and Nissan Motor Co. Ltd. are forming a joint venture to produce and market a $2500 car code-named ULC. The low-priced car will do battle with Tata Motor Ltd.'s "People's Car" (pictured), which was introduced in January. The...
Posted on May 12, 2008 5:27 PM
The 10-year-old Nissan Motor Co.-Renault SA joint venture will launch electric vehicles in the U.S. and Japan in 2010, and globally by 2012, the company says. Nissan is talking with companies, governments and cities to see what kind of incentives can make the introduction of zero-emission vehicles more attractive.Nissan...
Posted on May 5, 2008 9:15 AM
Nissan Motor Co. still wants a U.S. partner. CEO Carlos Ghosn says he thinks it would be a good idea for long-term growth but isn't in talks with anyone right now, according to this AP report. A good guess would be for Chrysler LLC. Earlier this year, Nissan and...
Posted on February 28, 2008 5:38 PM
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