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Mitsubishi Motors joins hands with Vietnam to promote EVs

12h japantimes.co.jp
Mitsubishi Motors Corp. said Monday it has signed a deal with the Vietnamese government for joint research to promote electric vehicles in the Southeast Asian country.

Automakers celebrate U.S. vehicle sales, but warning signs could put on the brakes

17h thestar
This copy is for your personal non-commercial use only. To order presentation-ready copies of Toronto Star content for distribution to colleagues, clients or customers, or inquire about permissions/licensing, please go to: www.TorontoStarReprints.com (6-0)

U.S. regulator asked carmakers to disclose any Kobe Steel safety issues - letter

2018-01-12 reuters
WASHINGTON, Jan 12 (Reuters) - A U.S. auto regulator asked 29 carmakers to disclose if the safety of any of their vehicles or engines containing products supplied by Kobe Steel Ltd could be affected by data cheating, according to a letter seen by Reuters. (44-0)

Renault-Nissan Starts Up Billion-Dollar Venture Fund for Car Technology - WSJ

2018-01-10 wsj
LAS VEGAS—The Renault-Nissan-Mitsubishi Alliance is creating one of the largest venture-capital funds dedicated to automotive technologies, escalating an already feverish pursuit by global auto makers to reinvent personal transportation. (21-0)

Cruising With No Hands at 80 MPH in Renault's Self-Driving Car - Bloomberg

2018-01-10 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (17-0)

Nissan-Renault plans $1 billion fund for auto tech start-ups

2018-01-10 livemint
Las Vegas: The world’s largest automotive alliance will invest as much as $1 billion to fund mobility start-ups over the next five years as it looks to make inroads with new technology at a time of rapid upheaval for the transportation sector. (12-0)

Carmaker alliance to set up US$1b venture fund

2018-01-10 thestar.com.my
TOKYO: The Renault-Nissan-Mitsubishi alliance said it is setting up a venture capital fund that plans to invest as much as $1 billion over five years, the latest move by major carmakers as they seek to adapt to rapid industry change by investing in startups. It is set to be largest corporate venture capital fund in the auto industry over the period until 2022, the companies said in a statement. The traditional auto industry model based on individual ownership is threatened by pay-per-use services such as Uber, as well as ride- and car-sharing platforms, a challenge heightened by shifts towards electric and self-driving cars. (3-0)

CES: Nissan-Renault partnership plans $1 bn fund for auto tech startups

2018-01-10 business-standard
The world’s largest automotive alliance will invest as much as $1 billion to fund mobility startups over the next five years as it looks to make inroads with new technology at a time of rapid upheaval for the transportation sector. Carmaking partners Renault SA, Nissan Motor Co. and Mitsubishi Motors Corp. will invest as much as $200 million during the venture capital fund’s first year, the alliance said in a statement Tuesday. (12-0)

Renault-Nissan-Mitsubishi plans $1 billion fund for auto tech startups

2018-01-10 japantimes.co.jp
LAS VEGAS – The world’s largest automotive alliance will invest as much as $1 billion (about ¥112 billion) to fund mobility startups over the next five years as it looks to make inroads with new technology at a time of rapid upheaval for the transportation sector. (12-0)

Renault-Nissan-Mitsubishi launch $1 bln venture capital fund

2018-01-10 reuters
TOKYO, Jan 10 (Reuters) - The Renault-Nissan-Mitsubishi alliance said it is setting up a venture capital fund that plans to invest as much as $1 billion over five years, the latest move by major carmakers as they seek to adapt to rapid industry change by investing in startups. (3-0)

Nissan-Renault Partnership Plans $1 Billion Venture Capital Fund - Bloomberg

2018-01-10 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (6-0)

Renault-Nissan-Mitsubishi wants to spend up to $1 billion on start-ups

2018-01-09 cnbc
Renault-Nissan-Mitsubishi Alliance CEO Carlos Ghosn elaborated on the alliance's plans to start a corporate venture fund intended to invest up to $1 billion over five years in start-ups developing appealing new mobility technologies.

‘Davos Man’ Carlos Ghosn Says Trump Is Welcome at the Epicenter of Globalization - Bloomberg

2018-01-09 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Asian indexes extend gains as the Nikkei rises 0.8%

2018-01-09 cnbc
Asian markets traded in positive territory on Tuesday after a somewhat quiet session on Wall Street. Investors in the region also digested earnings guidance from tech heavyweight Samsung Electronics and kept an eye on inter-Korea talks due to begin later in the morning. (72-0)

Nissan Canada Finance informs customers of possible data breach

2017-12-21 marketwired
MISSISSAUGA, ON--(Marketwired - December 21, 2017) - Nissan Canada Finance (NCF) is notifying its customers in Canada that it is a victim of a data breach that may have involved unauthorized person(s) gaining access to the personal information of some customers that have financed their vehicles through Nissan Canada Finance and INFINITI Financial Services Canada.