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...GMO, TIC and Toyota Motor all declined to comment....
...Nissan last month announced £2bn of spending on new models and a battery factory, while BMW has pledged £600mn to build electric Minis at its Oxford plant....
Comments by Mohammed Ben Sulayem come after email leak of messages involving Christian Horner
...Honda is falling further behind in the battery EV race after scrapping a $5bn plan to develop affordable battery-powered cars with General Motors last year....
...The problem for Nissan is just how much it might need this breakthrough....
...Nissan chief executive Makoto Uchida is blunt on the need for new partners, although the company insists its alliance with Renault and Mitsubishi Motors will not be unwound....
...The alliance also includes smaller partner Mitsubishi Motors....
...The group will maintain its long-term alliance with Renault and Mitsubishi Motors in certain markets such as Europe, south-east Asia and Latin America....
...Shares in Nissan Motor tumbled as much as 11.7 per cent on Friday as investors digested disappointing third-quarter results for the Japanese carmaker....
...Nissan will benefit from having a large production base in the region....
...The UAW has tried and failed before, losing elections such as at VW-Chattanooga in 2014 and 2019, and at Nissan in Mississippi in 2017....
...Mike Hawes, chief executive of the Society of Motor Manufacturers and Traders, called the investment “tremendous news” that “underlines Britain’s position as an increasingly competitive location for electric...
...Prime Minister Rishi Sunak is expected to visit the site on Friday for the announcement, which will be made by Nissan chief executive Makoto Uchida. Nissan and the UK government declined to comment....
...big announcements, the Society of Motor Manufacturers and Traders said....
...General Motors chief financial officer Paul Jacobson said the IRA had “tremendous benefit” to the EV market, helping stimulate sales....
...Nissan is preparing a new strategy for later this year....
...Ministers have pledged hundreds of millions of pounds of state support to international carmakers in recent years for an array of projects, including a battery gigafactory for JLR and new electric models from Nissan...
...Q2, Handelsbanken FY, Hilton Worldwide Holdings Q4, Mattel Q4, News Corp Q2, The New York Times Company Q4, Nippon Steel Q3, Ørsted FY, Pandora Q4, Securitas FY, Smurfit Kappa FY, Suzuki Motor Q3, TotalEnergies...
...This followed an internal investigation which revealed that supplier Toyota Industries Corp had been manipulating test results to gain certification for its cars....
...Toyoda on Tuesday apologised and said he “wanted to be the person that takes full responsibility” following recent disclosures of widespread problems with testing data at three affiliates: Hino Motors, Daihatsu...
...JSW, a family-owned conglomerate, and other Indian partners will own 51 per cent of the joint venture, which will be called JSW MG Motor India....
Chinese EV giant is widening its range by price point and fuel type
...Sales of Japanese cars in the country have tumbled, with Nissan’s alliance partner Mitsubishi Motors recently forced to suspend production....
...Sales of Japanese cars have been hit hard in China because of the slow EV rollout and a price war sparked by Elon Musk’s Tesla, forcing another Nissan alliance partner Mitsubishi Motors to suspend production...
...Daihatsu Motor may have failed in this duty of care. Toyota has suspended all shipments from its subsidiary after a probe revealed manipulated test results....
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