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'Zero' chance of Renault taking over Nissan, Mitsubishi, says Ghosn

TOKYO — Renault SA absorbing Nissan Motor Co. and Mitsubishi Motors Corp is not an option as the carmakers look to strengthen their partnership while retaining their autonomy, alliance chairman Carlos Ghosn said on Friday. "Anybody who will ask Nissan and Mitsubishi to become wholly owned subsidiaries of Renault has zero chance of getting a result," Ghosn told shareholders of Mitsubishi Motors at a meeting. He also serves as chief executive of France's Renault. The alliance was the world's top-selling passenger vehicle maker in 2017, but as the global auto industry consolidates, it is looking to strengthen its position before the 64-year-old Ghosn, its main architect, retires in the coming years after overseeing the partnership for nearly 20 years. We reported in March that the carmakers were discussing a deeper tie-up, which could see the French government, a major shareholder in Renault, give up influence at Renault and the French carmaker relinquish control over Nissan. The three automakers have a unique partnership designed to leverage their combined scale to save on costs including R&D, parts procurement and production to better compete with rivals Volkswagen AG and Toyota Motor Corp. They are also interlinked by their shareholding structure. Renault holds 43.4 percent of shares in Nissan, while Nissan owns 15 percent of Renault, with no voting rights in a partnership that began in 1999. Mitsubishi Motors joined the alliance in 2016 after Nissan took a 34 percent controlling stake in the smaller automaker. Nissan CEO Hiroto Saikawa has said the alliance is not discussing a "full merger." Ghosn said that while the focus of the alliance was to sell more cars and increase profitability by reducing unnecessary duplication of processes, he wanted each of the three automakers to maintain their independence, which differentiated the group from Toyota and Volkswagen. "We need to work together ... to find a system by which what we have today, which is working very well, can continue in the future no matter who is leading the alliance," he said. "We need to prove that this is sustainable five years down the road, 10 years down the road, 15 years down the road." In a Figaro interview published last week, Ghosn was upbeat about the prospect of securing a new deal for the alliance despite its extreme political sensitivity in France and Japan, saying a plan would need to be announced "well before" the end of his four-year term at the helm of Renault in 2022.

Recharge Wrap-up: Toyota Prius, V earn IIHS awards, Mitsubishi Outlander PHEV approved for V2H

The Toyota Prius and Prius V have earned IIHS 2015 Top Safety Pick+ ratings. The Prius V was singled out for its improved performance in the small overlap crash test. Lexus CT models built after September 2014 were also given the distinguished safety rating. In all, eight vehicles from Toyota and Lexus earned Top Safety Pick+ awards, while four more from Toyota and Scion were named Top Safety Picks. Read more in the press release below. The Mitsubishi Outlander PHEV can now provide power to the home in Japan. The vehicle-to-home capability requires the CHAdeMO quick charging socket and either Mitsubishi's own Smart V2H system, or the EVPower Station or Tsubaki eLINK system. The Outlander PHEV gained vehicle-to-home approval alongside all-electric vehicles because its electric motor doesn't run when used in for this purpose. The system allows owners to power their homes during outages and emergencies, and the Outlander PHEV can also directly power appliances with its 1500W AC100V power feeder. Read more at Green Car Congress. The Electric Vehicle Institute has published an updated "Plug-In Around the EV World" poster. The poster depicts the various connector types used by EVs. It shows the standard AC connectors for the US and Europe, DC and combination connectors for fast charging and, of course, Tesla's own charging connector for the Model S. It also shows the standard plug types used around the world, which are color coded by country on a world map. See the Electric Vehicle Institute's poster here, or read more at Green Car Reports. Toyota Decks the Halls with IIHS 2015 'Top Safety Pick' Awards Eight Toyota and Lexus Models Earn Institute's Highest Top Safety Pick+ Four Toyota and Scion Vehicles Named Top Safety Picks December 23, 2014 TORRANCE, Calif., Dec. 23, 2014 - On the 12th day of Christmas, the Insurance Institute for Highway Safety (IIHS) gave to Toyota, 12 awards awarding. In fact, the automaker won more awards than any other automaker, including the most of the Institute's highest honor. In all, eight Toyota and Lexus vehicles earned a Top Safety Pick+ rating. IIHS in particular recognized the Prius V for its significantly improved performance all-around in the small overlap crash test – naming it a Top Safety Pick+. The Toyota Sienna was also the only minivan awarded the 2015 Top Safety Pick + designation. IIHS also recognized four additional Toyota and Scion vehicles as 2015 Top Safety Picks.

Daimler declares success in electric truck trial [w/video]

Last year, Daimler launched a project to see how eight Fuso Canter E-Cells performed in daily urban service in Portugal. After over 32,000 miles on the road, the newly released results showed astounding figures. Compared to their diesel-counterparts, the commercial EVs slashed operating costs by 64 percent. The trucks were also great for the environment with a 37-percent drop in CO2 emissions after taking into account how the country makes power. Daimler gave the trucks to Portuguese cities and businesses, and the users definitely didn't baby them. In Lisbon, the EV disposed of vegetation, and the Canter E-Cell collected recyclables in Porto. The one with the parcel service Transporta covered over 8,700 miles to make deliveries during the year. On average, the testers used the vehicles about 31 miles a day, but 68 miles was the record distance during the trial. "The results of the practical tests have shown that we are on the right track," Marc Llistosella, President and CEO of Mitsubishi Fuso Truck and Bus Corporation said in Daimler's announcement. The Daimler Trucks Centre of Competence for Hybrid Technology developed the small run of Canter E-Cells. The models ditch the usual 3.0-liter diesel in favor of an electric motor that produces 148 horsepower and 479 pound-feet of torque. Four lithium-ion battery packs with a total of 48.4 kWh are mounted to two sides of the frame. To maximize the range, the system begins recovering energy as soon as the driver lets off the throttle. Check out the video below for a look at how the Portuguese testers put the commercial EVs through their paces. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Silent and with zero emissions Stuttgart/Porto, Oct 30, 2015 FUSO Canter E-Cell impresses with more than 50,000 kilometres driven 64 percent lower costs compared with conventional diesel engines in customer field trials in Portugal Powerful, high-torque electric motor Targeted operating range of at least 100 kilometres achieved Stuttgart/Porto – 64 percent savings in operating costs - this is the gratifying result of the final analysis of data from customer field trials with eight FUSO Canter E-Cell trucks in Portugal. Apart from the impressive savings in operating costs, the Canter E-Cell also scores points in terms of environmental aspects.