Honda and Nissan announce plans to merge after Japanese auto giants struggle to compete with rivals in electric vehicles | Money News Aitrend

Honda and Nissan announce plans to merge after Japanese auto giants struggle to compete with rivals in electric vehicles | Money News

 Aitrend

Japanese automobile giants Honda and Nissan have announced plans to merge. That would make it the third-largest automaker by sales, behind Toyota Motor Corp and Volkswagen AG. The two companies announced that they had signed a memorandum of understanding that would also include smaller companies. Nissan Alliance member Mitsubishi Motors is participating in the integration … Read more

Tesla recalls nearly 700,000 vehicles over tire pressure problem | Money News Aitrend

Tesla recalls nearly 700,000 vehicles over tire pressure problem | Money News

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Tesla has recalled nearly 700,000 of its electric vehicles due to a problem with the tire pressure monitoring system warning light. Its light may fail to stay on between drive cycles, which fails to warn the driver of low tire pressure and increases the risk of a crash, the automaker said. The issue affects certain … Read more

The electric shock behind Europe’s faltering future of electric vehicles – and how China has leapfrogged major car exporting countries | Money News Aitrend

The electric shock behind Europe’s faltering future of electric vehicles – and how China has leapfrogged major car exporting countries | Money News

 Aitrend

Across Europe, carmakers are cutting jobs and closing factories – to the point where some are questioning their very existence. So it’s worth asking the question: what’s wrong with the European (and for that matter American) auto industry? While some will draw their own conclusions (Brexit! Electric vehicle time limit ! Government regulations!) in practice, … Read more