Geely Integrates European R&D Operations to Narrow Launch TimeGeely Integrates European R&D Operations to Narrow Launch Time Gap of Car Models Between China and Europe

On April 16, the AITO M8 surpassed 170,000 units in cumulative deliveries within one year of its launch.

[Nissan Targets 1 Million Units in Annual US Sales, Banking on V-6 Power, AI Intelligence and All-New Products] Nissan CEO Espinosa Ivan, in a new corporate vision unveiled on April 14, stated that the loss-making Japanese automaker would be revitalized through V-6 engine performance, a streamlined product lineup, ultra-efficient engineering R&D, and AI technology. Under the plan, Nissan is expected to increase its US sales to 1 million units by the fiscal year ending March 31, 2031. This is a level the company has not reached since its combined Nissan and Infiniti brand US sales hit 1.35 million units in 2019.

[Renault Plans to Cut Up to 20% of Engineers to Reduce Costs] In a bid to streamline operations amid an increasingly competitive environment, Renault Group plans to cut up to 20% of its engineering workforce globally over the next two years. On April 14, a Renault media spokesperson said in a phone response to Bloomberg's inquiry about the layoffs that the French automaker currently has more than 11,000 engineers worldwide, and the specific layoff arrangements will be decided by Renault's management in each country.