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Page 25 - மிட்‌ஸ்யூபீஶி மோட்டார்கள் கார்ப் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Amazon-backed Rivian plans European assembly plant, report says

Carlos Ghosn exit was discussed early in 2018, Nissan insider says

Car sales show hint of recovery in January

BusinessWorld February 12, 2021 | 12:31 am Car sales slipped by 1.4% in January, industry data showed. PHILIPPINE STAR/MICHAEL VARCAS THE AUTO INDUSTRY is showing hints of recovery, as car sales in January dipped by 1.4% year on year, the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA) reported on Thursday. The joint report said that sales fell to 23,380 units in January, from 23,723 in the same month in 2020, as passenger car sales growth failed to offset the continued drop in commercial vehicle sales. In a statement, CAMPI said the slight year-on-year decline in January sales was a “positive sign” that the industry was slowly recovering.

Ghosn exit was discussed early in 2018, Nissan insider tells court

UPDATE 3-Honda and Nissan to sell a quarter of a million fewer cars because of chip shortage

UPDATE 3-Honda and Nissan to sell a quarter of a million fewer cars because of chip shortage Eimi Yamamitsu, Tim Kelly 4 分钟阅读 TOKYO, Feb 9 (Reuters) - Japan’s second and third largest automakers, Honda Motor and Nissan Motor, will sell a combined 250,000 fewer cars in the current financial year as a global shortage in semiconductor chips hits production. The automakers made the announcement as they unveiled brighter outlooks for the financial year ending March 2021 as automobile markets, led by China, rebounded from a coronavirus-induced slump. Honda and Nissan also reported better-than-expected results for the October-December quarter. But Honda cut its sales target by 100,000 vehicles, or 2.2%, on Tuesday to 4.5 million cars, while Nissan lowered its target by 150,000 vehicles, or 3.6%, to 4.015 million units as a chips shortage forced both companies to curb output.

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