automotive alliance achieves record first-half sales
Manufacturing

Automotive alliance achieves record first-half sales

Renault-Nissan-Mitsubishi, the world’s largest automotive alliance, today announced that unit sales at its member companies rose 5.1 percent to a new record of 5,538,530 vehicles in the six months to June 30. The three Alliance member companies saw increased demand in product segments including crossovers, sports utility vehicles, pick-ups as well as zero-emission electric and […]

Nissan, Italdesign to unveil ultra-limited GT-R prototype
Manufacturing

Nissan, Italdesign to unveil ultra-limited GT-R prototype

Nissan and Italdesign have created a new prototype vehicle – the Nissan GT-R50 by Italdesign – in their first-ever collaboration. Based on a production 2018 Nissan GT-R NISMO model, the unique car commemorates the 50th anniversaries of both the GT-R and Italdesign and will make its debut in Europe next month.

Nigeria secures $1 billion for fertilizer plant
Manufacturing

Nigeria secures $1 billion for fertilizer plant

The International Finance Corporation (IFC), a member of the World Bank Group, today announced a new $1 billion debt financing for Indorama Eleme Fertilizer & Chemicals Limited, Nigeria, a subsidiary of Indorama Corporation. The funding will be used for, for the construction of a new fertilizer line that will expand its capacity of urea fertilizer […]