Monday, February 9, 2009

Nissan cuts 20,000 jobs, EV plans threatened?

Nissan has joined the world's automakers with bad news. They'll be cutting 20,000 jobs worldwide. They joined Toyota, posting an annual loss, for the first time in nearly a decade. Nissan's Carlos Ghosn had become a major industry advocate for plug-in cars, with a fairly aggressive plan for multiple platforms within a very few years. A launch next year in Oregon had been announced previously. Nissan and sister company Renault have been the automotive backbone to Better Place's attempt to rejigger the automotive market. Will the worldwide economic downturn cause a general plug-in postponement?

According to Business Week, "the company will suspend its current business plan, announced last May." But the same report states that "production of an electric car will still start in late 2010; the car will be mass-marketed globally by 2012."

In related EV news, GM announced today that Bob Lutz will be retiring a year before the Volt's scheduled release. He had previously vowed to stay on through the November 2010 launch.


Anonymous said...

The news coverage I read this morning specifically stated that Nissan was not making any changes to its EV strategy. I am not sure what they really need to do since their partner in France has an EV platform that is years old (Kangoo if my spelling is right).

Anonymous said...

Americans everywhere humor A detention wow gold notice was written like this: a wow power leveling police car with stones, to win wow gold the detention center for seven wow power leveling days all-inclusive accommodation replica rolex Tour Value; hit send 2 a beautiful bracelet, wow power level fashionsuit, police transport; more more surprises , the former can enjoy free shaved 10; before the 100 can play with power leveling the dogs, the guests were presented massage sticks, electric shocks to CHEAPEST power leveling the dead skin beauty care services.

Anonymous said...

I recently came accross your blog and have been reading along. I thought I would leave my first comment. I dont know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.