Technology Filter: Coronavirus Pandemic and Mitsubishi Motors

technology filter: Nissan will focus on autonomous driving, Renault on the body of electric cars and electric powertrains while Mitsubishi Motors will work on plug-in hybrids, they said. ; Renault, Nissan and Mitsubishi Motors need each other more than ever now, with the global coronavirus pandemic forcing automakers to shutter showrooms and factories, according to The Japan Times. The industry is also facing a once-in-a-generation shift to electric vehicles and autonomous driving that will require significant investment in technology and filter out losers and winners. The measures will help deliver savings of as much as 40 percent in model investments for jointly developed vehicles, the companies said. After coming under strain last year, the partnership is seeking a fresh start, backed by new measures at the companies to improve profitability. In the past, the partnership focused too much on expansion, said Osamu Masuko, chairman of Mitsubishi Motors. The new model focuses on efficiency and competitiveness, rather than on volumes, Jean-Dominique Senard, chairman of the Alliance Operating Board and Renault, said in an online news conference. ( As reported in the news.

The content, information, trademarks and multimedia posted on this blog copyrights to their original owners and herein blogged in good faith for the purpose of commentary, speech, opinion and debate.

financializer news

A weblog highlighting financial topics making news in the international media.