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L.A. Auto Show: Genesis X Convertible, Toyota Prius and more | Autoblog Podcast #756
Fri, Nov 18 2022In this episode of the Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Senior Editor, Green, John Beltz Snyder. The Los Angeles Auto Show wrapped up this week, and we talk about some of the highlights from the show, and the events surrounding it, like the new Toyota Prius, Genesis X Convertible concept, new Lucid Air trims and the Lucid Gravity SUV. John talks about traveling to Sweden for the reveal of the Volvo EX90. They also talk about the cars they've been driving, including the Nissan Leaf, Nissan Kicks, Mercedes EQB and Jeep Wagoneer. They also shoot the breeze about late fall beer, courtesy of an email from a listener. Send us your questions for the Mailbag and Spend My Money at: Podcast@Autoblog.com. Autoblog Podcast #756 Get The Podcast Apple Podcasts – Subscribe to the Autoblog Podcast in iTunes Spotify – Subscribe to the Autoblog Podcast on Spotify RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Rundown 2022 L.A. Auto Show 2023 Toyota Prius Genesis X Convertible concept Lucid Air Pure and Touring Lucid Gravity SUV Volvo EX90 Cars we're driving Nissan Leaf Nissan Kicks Mercedes-Benz EQB 300 Jeep Wagoneer Feedback Email – Podcast@Autoblog.com Review the show on Apple Podcasts Autoblog is now live on your smart speakers and voice assistants with the audio Autoblog Daily Digest. Say “Hey Google, play the news from Autoblog” or "Alexa, open Autoblog" to get your favorite car website in audio form every day. A narrator will take you through the biggest stories or break down one of our comprehensive test drives. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.
Renault plans $2.2 billion 'no taboos' cost cutting after first loss in a decade
Fri, Feb 14 2020PARIS — Renault's first loss in a decade triggered a no-taboos commitment on Friday to cut costs by 2 billion euros ($2.2 billion) over the next three years as the automaker tries to put the Carlos Ghosn affair behind it. As ex-Volkswagen brand manager Luca de Meo prepares to take over as chief executive of the French automaker, which has been rocked by the Ghosn scandal, it did not exclude job cuts in a promised review of its performance across all factories. Like many auto industry rivals, including its alliance partner Nissan, Renault is grappling with tumbling demand in key markets like China, and said it expects the sector to be hit further this year, including in Europe. Nissan this week had its first quarterly loss in nearly 10 years and cut its operating profit forecast. In a reflection of this sobering assessment of the market outlook, Renault set a lower operating margin target of between 3% and 4% for 2020, down from 4.8% in 2019, and cut its proposed dividend against 2019 by almost 70% from a year earlier. While Renault faces high investment costs to produce cleaner car models and supply chain problems due to China's coronavirus outbreak, a major challenge remains moving on from the scandal involving former boss-turned fugitive Ghosn, which strained its relations with Nissan and paralyzed joint projects. "It has been a tough year for Groupe Renault and the alliance," acting Chief Executive Clotilde Delbos said on a conference call, adding that the broader autos downturn had hit the company "right when we were facing internal difficulties." Renault could not afford to wait for De Meo's arrival in July to attack costs, Delbos said, adding that nothing would be "taboo" as it reviews its business. Meatier goals would be made public in May, she said, alongside joint plans with Nissan, as executives repeated assurances that the alliance was on track. Delbos also stressed that Renault's automotive operational free cash flow, under scrutiny from analysts, would be positive in 2020 after stripping out restructuring costs. "We're very confident that there is no topic on cash availability within the group," Delbos said. Renault shares recovered from falls in early trading, and were up 1.8% at 1200 GMT despite it posting a loss of 141 million euros ($153 million) for the group share of net income.
How Nissan's NYC Taxi of Tomorrow has turned into a nightmare
Wed, Dec 17 2014"Why can't we have competition? Why did the city think there had to be exclusivity?" – Taxi Association Nissan's takeover of the lucrative New York City taxi market hasn't exactly gone according to script. An agreement that should have seen the company become the exclusive supplier of taxis for the next ten years has resulted in nothing but headaches, controversy and legal challenges, despite the $1 billion deal between the Japanese marque and the Big Apple. The opposition to the Nissan deal has been fierce since day one, Automotive News reports in a sweeping writeup of the Taxi of Tomorrow saga, with the Greater New York Taxi Association – which represents nearly a third of the city's taxi owners – putting up a fight against the new van cabs. Whether it's the monopolistic nature of the Nissan deal – as we said, under the terms of the deal Nissan would become the sole distributor of taxis for New York cabbies – the NV200 taxi's limited reliability record, or concerns over the company's ability to supply the cabs, the Taxi Association has fought tooth and nail against the so-called Taxi of Tomorrow, AN reports. "Look, Nissan is a good company. And the NV200 is not a bad car. If it turns out that people like it, then great – they should be able to sell them here," Ethan Gerber, an attorney for the Taxi Association told Automotive News. "But why can't we have competition? Why did the city think there had to be exclusivity? It stifles competition and stops innovation." "Why couldn't we just have standards for the taxi, and if Toyota and Ford wanted to offer an identical vehicle that might be somehow better or more competitive, why can't they?" Gerber asked. "Obviously, there is always disappointment, but I trust that there is fairness." – Carlos Ghosn The biggest source of opposition, though, focused around how the NV200 was approved in the first place, because it doesn't subscribe to one of former Mayor Michael Bloomberg's requirements for the next-generation taxi – that it would be available as a hybrid. It was that last point that initially got Nissan in trouble with the courts. In May 2013, New York County Supreme Court Justice Peter Moulton ruled the deal void, declaring that cab operators were free to shop for non-Nissan hybrids, though cab owners still had to go through Nissan if they wanted a standard, gas-powered taxi. Or, they would have.


































