Renault–Nissan–Mitsubishi Alliance

Infosys to establish Digital Technology and Innovation Center in Stuttgart for the Automotive Sector

Retrieved on: 
Tuesday, July 20, 2021
Companies, Daimler AG, Renault–Nissan–Mitsubishi Alliance, Infosys, Daimler, Stuttgart, Service companies, Economy of India

As a part of Infosys' partnership with Daimler, automotive IT infrastructure experts based in Germany will transition from Daimler AG to the new Digital Technology and Innovation Center.

Key Points: 
  • As a part of Infosys' partnership with Daimler, automotive IT infrastructure experts based in Germany will transition from Daimler AG to the new Digital Technology and Innovation Center.
  • Infosys aims to create a gold standard for Germany's automotive and manufacturing companies to accelerate and standardize technology adoption.
  • Jrg Sommer, formerly Director of Digital Foundation at Daimler has been designated as the CEO of the Digital Technology and Innovation Center in Stuttgart, which is a separate legal entity and officially called Infosys Automotive and Mobility GmbH & Co. KG.
  • "The Digital Technology and Innovation Center in Stuttgart will provide a wide range of benefits for both Infosys and the German automotive sector.

Strong Reimagined: Nissan Begins Production of All-New 2022 Frontier

Retrieved on: 
Thursday, July 15, 2021
Off-Road Trucks & SUVs, Other Retail, Consumer electronics, General Automotive, Technology, Automotive, Other Transport, Retail, Engineering, Automotive Manufacturing, Transport, Manufacturing, Motor vehicles, Transport, Automotive industry, Renault–Nissan–Mitsubishi Alliance, Off-road vehicles, Pickup trucks, Fuyo Group, Nissan, Decherd, Cobot

Frontier has been built at Nissan Canton since 2012, with its engine produced at Nissan Decherd Powertrain Plant in Decherd, Tennessee.

Key Points: 
  • Frontier has been built at Nissan Canton since 2012, with its engine produced at Nissan Decherd Powertrain Plant in Decherd, Tennessee.
  • Im proud that the 2022 Frontier rolling off the assembly line and onto American roads will be synonymous with Mississippi.
  • Nissan has deployed enhanced applications of collaborative robot (or cobot) technology to assemble the all-new Frontier.
  • The all-new 2022 Nissan Frontier stays true to its past while addressing modern mid-size truck buyer needs.

Preliminary Q2 2021 results above market expectations despite semiconductor shortage

Retrieved on: 
Wednesday, July 14, 2021
Cash flow, Daimler AG, Renault–Nissan–Mitsubishi Alliance, Daimler, Free cash flow, Business, Companies, Economy

This was despite negative effects from the very limited availability of semiconductor components.

Key Points: 
  • This was despite negative effects from the very limited availability of semiconductor components.
  • Daimler Trucks & Buses sales increased in almost all regions due to improved market conditions, which translated into higher profitability in the second quarter.
  • The following stated figures for the second quarter 2021 are preliminary and unaudited:
    Industrial Free Cash Flow adjusted: 2,950 million (consensus: n.a.)
  • The preliminary results include the following adjustments affecting EBIT:
    The full quarterly results and interim report will be published on July 21st, 2021.

Nissan Brings "A to Z" Lineup of New Vehicles to Chicago Auto Show

Retrieved on: 
Monday, July 12, 2021
Automotive, General Automotive, Automotive Manufacturing, Other Automotive, Manufacturing, Alternative Vehicles, Fuels, Cars, Sport utility vehicles, Motor vehicles, Fuyo Group, Nissan, Renault–Nissan–Mitsubishi Alliance, Crossover, Nissan Murano, Nissan Pathfinder

Consumers can now see an all-new Nissan brand in one place for the first time ever at the 2021 Chicago Auto Show - including the iconic Z Proto.

Key Points: 
  • Consumers can now see an all-new Nissan brand in one place for the first time ever at the 2021 Chicago Auto Show - including the iconic Z Proto.
  • Other eye-catching Nissan vehicles at the Chicago Auto Show include the new 2021 Armada full-size SUV, all-new 2021 Rogue crossover and new 2021 Kicks compact crossover.
  • Other eye-catching Nissan vehicles at the show, representing Nissans global transformation include the new 2021 Armada full-size SUV, all-new 2021 Rogue crossover and new 2021 Kicks compact crossover.
  • The stunning Z Proto previews the next generation Nissan Z which makes its world production debut on August 17.

MIELY Alert: Johnson Fistel Launches Investigation into Mitsubishi Electric - Investors Suffering Losses Encouraged to Contact the Firm

Retrieved on: 
Saturday, July 10, 2021
Economy of Japan, Companies, Mitsubishi companies, Anti-Japanese sentiment in Korea, Mitsubishi Motors, Nissan, Renault–Nissan–Mitsubishi Alliance, Mitsubishi, The Asahi Shimbun, Economic history of Japan

SAN DIEGO, July 9, 2021 /PRNewswire/ -- Shareholder Rights Law Firm Johnson Fistel, LLP, is investigating potential claims against Mitsubishi Electric Corporation ("Mitsubishi Electric" or the "Company") (OTC: MIELY) for violations of federal securities laws.

Key Points: 
  • SAN DIEGO, July 9, 2021 /PRNewswire/ -- Shareholder Rights Law Firm Johnson Fistel, LLP, is investigating potential claims against Mitsubishi Electric Corporation ("Mitsubishi Electric" or the "Company") (OTC: MIELY) for violations of federal securities laws.
  • On June 30, 2021, The Asahi Shimbun, published an article entitled "Mitsubishi Electric faked train test data likely for decades."
  • Then on July 2, 2021, it was reported that Mitsubishi Electric CEO Sugiyama quits over fake inspections, admitting that the wrongdoing went back decades.
  • Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Mitsubishi Electric Corporation (MIELY, MIELF) on Behalf of Investors

Retrieved on: 
Friday, July 9, 2021
Legal, Professional services, Companies, Economy of Japan, Mitsubishi companies, Mitsubishi Motors, Nissan, Renault–Nissan–Mitsubishi Alliance, ADSS, Mitsubishi, American depositary receipt, Depositary, Economic history of Japan

Law Offices of Howard G. Smith announces an investigation on behalf of Mitsubishi Electric Corporation (Mitsubishi or the Company) (OTC: MIELY , MIELF ) investors concerning the Companys possible violations of federal securities laws.

Key Points: 
  • Law Offices of Howard G. Smith announces an investigation on behalf of Mitsubishi Electric Corporation (Mitsubishi or the Company) (OTC: MIELY , MIELF ) investors concerning the Companys possible violations of federal securities laws.
  • On this news, Mitsubishis American Depositary Shares (ADSs) fell $1.54 per ADS, or 5%, to close at $27.30 per ADS on July 1, 2021.
  • On July 2, 2021, Nikkei Asia published an article entitled Mitsubishi Electric CEO Sugiyama quits over fake inspections: Outgoing chief admits 'systemic wrongdoing' going back decades at industrial group[.]
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Mitsubishi Motor Sales of Canada Names Kenji Harada as New President and CEO

Retrieved on: 
Thursday, June 24, 2021
Cars, Motor vehicles, Car body styles, Mitsubishi companies, Mitsubishi Motors, Nissan, Renault–Nissan–Mitsubishi Alliance, Anti-Japanese sentiment in Korea, Mitsubishi, Fuso, Mitsubishi Motors Philippines

MISSISSAUGA, ON, June 24, 2021 /CNW/ -Kenji Harada has been appointed new President and CEO, Mitsubishi Motor Sales of Canada, Inc. (MMSCAN) effective July 1, 2021 and will be Acting President and CEO effective immediately.

Key Points: 
  • MISSISSAUGA, ON, June 24, 2021 /CNW/ -Kenji Harada has been appointed new President and CEO, Mitsubishi Motor Sales of Canada, Inc. (MMSCAN) effective July 1, 2021 and will be Acting President and CEO effective immediately.
  • Mr. Jeon is appointed General Manager, Sales & Marketing for North Asia, Mitsubishi Motors Corp. (MMC) which includes China, the company's largest market based on sales volume.
  • Harada brings a wealth of global experience to the Canadian business in some of Mitsubishi Motors top growth markets.
  • About Mitsubishi Motor Sales of Canada, Inc.
    Mitsubishi Motor Sales of Canada, Inc. (MMSCAN) is the sales, service, parts and marketing arm for Japan's Mitsubishi Motors.

Nissan Foundation Awards $697,000 in Grants to Organizations Promoting the Value of Cultural Diversity

Retrieved on: 
Wednesday, June 23, 2021
Philanthropy, Automotive, General Automotive, Other Philanthropy, Fund Raising, Foundation, Renault–Nissan–Mitsubishi Alliance, Companies, Fuyo Group, Nissan, Economy of Japan, Foundation, Cultural diversity, Automotive industry

The Nissan Foundation today announced it is awarding $697,000 in grants to 28 nonprofit organizations for its 2021 grant cycle.

Key Points: 
  • The Nissan Foundation today announced it is awarding $697,000 in grants to 28 nonprofit organizations for its 2021 grant cycle.
  • View the full release here: https://www.businesswire.com/news/home/20210623005721/en/
    For 29 years, the Nissan Foundation has supported organizations that promote cultural diversity.
  • For nearly 30 years, the Nissan Foundation has been committed to amplifying the efforts of nonprofit organizations doing the important work of sharing diverse cultural perspectives and experiences with communities across the country, said Andrew Tavi, president of the Nissan Foundation.
  • The Nissan Foundation is thrilled to continue supporting the many organizations that have demonstrated a commitment to imparting the value of culture and the expansion of cultural knowledge on communities across the United States, said Parul Bajaj, Executive Director of the Nissan Foundation.

Mitsubishi Motors Transforms Customer Experience with New 24/7 Digital Showroom

Retrieved on: 
Wednesday, June 23, 2021
Cars, Motor vehicles, Car body styles, Mitsubishi companies, Anti-Japanese sentiment in Korea, Mitsubishi Motors, Nissan, Renault–Nissan–Mitsubishi Alliance, Mitsubishi, Fuso

Answering the surge in demand for modern digital shopping tools, Mitsubishi has launched a new e-commerce platform on Mitsubishi-motors.ca .

Key Points: 
  • Answering the surge in demand for modern digital shopping tools, Mitsubishi has launched a new e-commerce platform on Mitsubishi-motors.ca .
  • "Mitsubishi Motors is leading with new seamless integration between the digital shopping journey and our dealers which, makes for a complete, engaging customer experience," explains Steve Carter, Director, Marketing, Mitsubishi Motor Sales of Canada Inc.
  • The experience goes even further allowing the customer to browse and save information on several alternative choices and to answer every question they might have.
  • About Mitsubishi Motor Sales of Canada, Inc.
    Mitsubishi Motor Sales of Canada, Inc. (MMSCAN) is the sales, service, parts and marketing arm for Japan's Mitsubishi Motors.

CAI International, Inc. Enters into Definitive Agreement to be Acquired by Mitsubishi HC Capital Inc.

Retrieved on: 
Friday, June 18, 2021
Professional services, Transport, Logistics, Supply chain management, Finance, Companies, Financial markets, Mitsubishi companies, Mitsubishi Motors, Nissan, Renault–Nissan–Mitsubishi Alliance, Anti-Japanese sentiment in Korea, Dividend, Mitsubishi, Share, New York Stock Exchange, General Electric, CAI International, Inc., Mitsubishi HC Capital Inc., CAI INTERNATIONAL, INC., MITSUBISHI HC CAPITAL INC.

CAI International, Inc. (NYSE: CAI) (CAI or the Company), one of the worlds leading transportation finance companies, announced today that it has entered into a definitive agreement to be acquired by Mitsubishi HC Capital Inc. (MHC).

Key Points: 
  • CAI International, Inc. (NYSE: CAI) (CAI or the Company), one of the worlds leading transportation finance companies, announced today that it has entered into a definitive agreement to be acquired by Mitsubishi HC Capital Inc. (MHC).
  • CAI will continue to pay quarterly non-pro-rated dividends at $0.30 per share per quarter until the closing of the transaction.
  • Following the closing, shares of capital stock of CAI will no longer be listed on the New York Stock Exchange.
  • About Mitsubishi HC Capital Inc.
    Mitsubishi HC Capital Inc. (f.k.a.