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Posts tagged to cars

Nissan $9.5bn China investment: Scale of spending required to stay relevant in world’s largest car market

MarketLine

Whilst Nissan is not regarded as being a member of the top-tier car manufacturers – the likes of Volkswagen Group and Mercedes Benz are much larger – that has not stopped the company from pumping $9.5bn into car manufacturing in China. Such investments are now essential, particularly for the less popular global brands. The move represents significant ambition from the Japanese car maker: Toyota, recently the second largest player in the Chinese market, is declining in China and an opportunity exists for Nissan to climb up the hierarchy. Large investments… Read more

Renault Car Emissions: New allegations threatens French car manufacturer

MarketLine

The accusations against Renault published in the French press follow on from a 2015 report detailing cars which exceeded environmental rules by over 300%. Stretching back to 1990, the hierarchy at Renault is said to have known about and been involved with cheating emissions tests. The influence of the French government, and therefore the French taxpayer, will be important given the upcoming presidential election and shareholding. If reports of nearly one million cars being sold with devices used to distort the results of emission testing, the scandal could involve the… Read more

Ford’s autonomous cars due for release in 2021

MarketLine

Ford, one of the world’s largest automotive and mobility companies, announced that it will be developing autonomous cars for use by 2021. As part of this goal, Ford will be investing in several startups, continuing its trend of making investments in technology in recent years. For example, Ford’s recent technology investments include Easy Access Door System, Active City Stop, Hands-Free Tailgate, and Active Park Assist. In the announcement, Ford said that it will also be investing in companies developing advanced algorithms, 3D mapping, LiDAR, and radar and camera sensors. These… Read more