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Program logo The Toyota Corolla was the program's top seller according to U.S. DoT [1] The Ford Explorer 4WD was the program's top trade-in according to the U.S. DoT [1]. The Car Allowance Rebate System (CARS), colloquially known as "cash for clunkers", was a $3 billion U.S. federal scrappage program intended to provide economic incentives to U.S. residents to purchase a new, more fuel ...
In July 2024, Mitsubishi Motors and Nissan announced a partnership with Honda for the joint development of their future electric models. [59] On 23 December 2024, Honda officially announced an MOU had been entered to merge with Japanese car company Nissan to become the 3rd largest auto company by sales. Mitsubishi Motors, in which Nissan has 24 ...
He was the subject of another business book called Turnaround: How Carlos Ghosn Rescued Nissan by David Magee. [248] He also provided strategic business commentary and on-the-job lessons to aspiring managers in a book called The Ghosn Factor: 24 Inspiring Lessons From Carlos Ghosn, the Most Successful Transnational CEO by Miguel Rivas-Micoud.
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Nissan holds a 34% stake in Mitsubishi Motors since October 2016, [68] thus having the right to nominate the chairman of Mitsubishi Motors' board and a third of its directors. Nissan holds a 43% stake in Nissan Shatai. Porsche holds a 50.74% voting stake in Volkswagen Group. The Porsche automotive business is fully owned by the Volkswagen Group.
As of 7 a.m. local time on Wednesday, Jan. 8, four named wildfires are impacting various parts of Southern California, according to data from CalFire.. The largest blaze is the Palisades Fire ...
About a year after being introduced, the Nissan changeover took place. In addition to 2-liter models (sedans and liftbacks), the R30 Datsun Skyline was also available with the 2.8-liter "six" in the GTX Hardtop (the only coupé on offer). Along with the Nissan nameplate the four-door 2.8 GLX was added, using a two-barrel Hitachi carburetor ...
Kate Martin is among the bigger names on the Golden State Valkyries' first roster. The Las Vegas Aces fan favorite was among the selections in Friday's 2025 WNBA expansion draft, joined by a group ...
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