It's not often that documentaries breed sequels, but if ever a nonfiction film deserved to have a part two, this is it. "Revenge of the Electric Car" is the sequel to director Chris Paine's 2006 documentary, "Who Killed the Electric Car." We interviewed Paine in Translogic Episode 3.4, but he didn't give us much in the way of specifics about the new film. Thanks to the new trailer, however, we've finally got a better idea of how it plays out. Scheduled for release in Spring 2011, the "Revenge o
Steven Rattner, former automotive adviser to President Barack Obama, has just written a juicy account of last year's automotive bailout, complete with insights on the coming and goings of CEOs, courting foreign saviors and the General Motors plan to abandon its Renaissance Center headquarters. In his book, "Overhaul: An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry," Rattner says that GM wanted to walk away from its expensive towers in downtown Detroit and
According to a Nissan official, a report suggesting that Carlos Ghosn is stepping aside after more than decade at the helm of Nissan "is not true!" A local news site in Cool Springs, TN (near the automaker's North American headquarters) reported today that Ghosn, who is currently the CEO of both Nissan and French automaker Renault, plans to surrender the Nissan post to Carlo Tavares. Tavares is currently the Executive Vice President of Nissan Americas Operations.
According to Bloomberg, Nissan is the place to be a director for a Japanese automaker. According to a new article, Nissan Motor Company hands its directors close to four times the amount of pay as its rival Toyota and three times as much as what Honda directors bring home. Averaged among all of Nissan's directors, the heads of the company make around $1.5 million per year, compared to around $411,150 for Toyota's gurus and $529,561 for Honda's head honchos. Keep in mind those numbers are based o
Every time we hear Nissan CEO Carlos Ghosn speak, he kind of bowls us over with his strong belief in the all-electric Leaf and plug in vehicles in general. At the groundbreaking for the Smyrna, Tennessee battery plant last week, he once again expressed complete enthusiasm for electric vehicles (EVs). Yeah, we weren't surprised, either, but it was still good to hear this much hasn't changed. Here's how Ghosn described the Leaf in its current state:
If you aren't already on the list to purchase a 2011 Nissan Leaf, you're officially out of luck. During a speech to the Detroit Economic Club today, Nissan CEO Carlos Ghosn announced that the U.S. market allotment for the first year's production of Leafs is already sold out more than six months before the EV even goes on sale. Nissan has now received 13,000 orders for the $32,780 electric car – quite impressive for a vehicle almost no one's driven.
If you aren't already on the list to purchase a 2011 Nissan Leaf, you're officially out of luck. During a speech to the Detroit Economic Club today, Nissan CEO Carlos Ghosn announced that the U.S. market allotment for the first year's production of Leafs is already sold out more than six months before the EV even goes on sale. Nissan has now received 13,000 orders for the $32,780 electric car in the U.S., and 6,000 more in Japan– quite impressive for a vehicle almost no one's driven.
Daimler is looking for a new kind of Renault Alliance, one that includes Nissan. According to a new report in The Wall Street Journal, there is a deal pending between Renault-Nissan and Daimler to partner on things like engines and platforms, as well as further development on matters that could help increase fuel efficiency. The two companies feel that partnering in those areas would help develop the technology more effectively while keeping the costs more manageable.
Rumors that Renault-Nissan may be interested in taking on a third head have popped once again, with the would-be merger candidate this time being General Motors. Huh, sounds familiar, doesn't it? In actuality, The Wall Street Journal is really just speculating on the possible effects of such a deal, and it's done so with all kinds of number crunching and colorful pie charts.
Renault has found a way to appease Russian Prime Minister Vladimir Putin that didn't involve writing a check for $850 million. The French company took a 25% stake in Russian carmaker Avtovaz, and when Avtovaz started having a hard time of it earlier this year Renault looked content to see how things turned out. Putin wasn't: he told Carlos Ghosn to inject cash into Avtovaz, or Putin would dilute Renault's stake with a share sale.
With all the trials and tribulations General Motors has endured during the past year, we almost forgot that the Detroit, MI-based automaker nearly got itself tied up with Renault-Nissan. Back in 2006, the two companies discussed joining forces to become a singular global automotive juggernaut, but in the end, GM felt it was in its best interests to go it alone and face the quickly disintegrating global automotive market by themselves.
A new Electrification Coalition was announced today with the backing of the CEOs from twelve companies. What's interesting about this group is that, among the leaders from electric vehicles companies and related start-ups – Coda Automotive, Coulomb Technolgies, A123 Systems, etc. – we find Nissan's Carlos Ghosn. Nissan is the only major OEM to participate in this coalition, which will promote "policies and actions that will facilitate the deployment of electric vehicles on a mass sca
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