MANGUALDE, Portugal–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) has decided to create a third production team at the Mangualde plant in April 2018 and hire nearly 225 people at the facility by May. The move comes in response to strong demand for the Peugeot Partner and Citroën Berlingo, whose current version has been partly produced at… Continue reading Mangualde Plant: Groupe PSA Creates a Third Team to Cater to Strong Demand for Its Light Commercial Vehicles (LCVs)
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BMW aims to outsell Mercedes by 2020: CEO tells Manager Magazin
FRANKFURT (Reuters) – BMW (BMWG.DE) aims to overtake rival Mercedes-Benz in terms of annual deliveries within two years, Chief Executive Harald Krueger told German monthly Manager Magazin. “In 2020 we will be the No.1 in terms of unit sales again. I am holding my team to that target, even if it won’t be a walk… Continue reading BMW aims to outsell Mercedes by 2020: CEO tells Manager Magazin
Mitsubishi: rear camera identifies road users
Mitsubishi concept car without exterior mirror (symbol image) (Image: Mitsubishi) Is that a car or a truck back there? The of Mitsubishi developed camerathat should replace the outside mirror, recognizes other vehicle and marks them. This should make the lane change safer. More consideration: The Japanese car manufacturer Mitsubishi intends to bring in the foreseeable… Continue reading Mitsubishi: rear camera identifies road users
Google, Temasek to join as new investors in Go-Jek’s $1.2b funding round
January 18, 2018 Alphabet Inc’s Google , Singapore state investor Temasek Holdings Pte Ltd and Chinese online platform Meituan-Dianping are investing in a fundraising round of Indonesian ride-hailing start-up Go-Jek, sources familiar with the matter said. Go-Jek’s existing investors such as global private equity firms KKR & Co LP and Warburg Pincus LLC are also… Continue reading Google, Temasek to join as new investors in Go-Jek’s $1.2b funding round
China Digest: Aqrose, Mall Parking, SinoUnited Health, Daily Yoga, Yawlih raise funds
January 18, 2018 Startups Aqrose Technology, Mall Parking, SinoUnited Health Clinic, Daily Yoga and Yawlih Technology have secured fresh raise funds, reports the China Money Network. Baidu Ventures, DCM China co-lead Aqrose Technology’s $8m Series A Baidu Ventures and DCM China have co-led an $8-million Series A round in Aqrose Technology, a Chinese startup that applies machine vision… Continue reading China Digest: Aqrose, Mall Parking, SinoUnited Health, Daily Yoga, Yawlih raise funds
Volkswagen Group IT expands know-how for the development of digital customer offerings
Volkswagen Group IT expands know-how for the development of digital customer offerings – volkswagen-media-services.com The photographic and video material available on the Volkswagen Media Services version open to the general public may only be used citing the source indicated by Volkswagen. Downloading this photographic and video material is only permitted if the content is not… Continue reading Volkswagen Group IT expands know-how for the development of digital customer offerings
BMW CEO Krüger attacks Mercedes: “In 2020, we’ll be number one again in sales”
All articles and backgrounds 01/18/2018 BMW CEO Krüger attacks Mercedes “2020, we will be number one again in sales” AFP BMW boss Harald Krüger The BMW CEO Harald Krüger has announced the competitors Mercedes the loss of the top spot. “In 2020, we will again be the number one in sales and I will commit… Continue reading BMW CEO Krüger attacks Mercedes: “In 2020, we’ll be number one again in sales”
Mvix Launches App for Displaying Uber and Lyft on Digital Signs
STERLING, Va., Jan. 18, 2018 /PRNewswire/ — Mvix, a leading provider of content-rich digital signage software and solutions, announced the launch of a custom Rideshare app for displaying Uber and Lyft directly on digital signage screens. The Rideshare app uses the customer’s address as the pickup location and displays custom, localized information, such as: The app… Continue reading Mvix Launches App for Displaying Uber and Lyft on Digital Signs
Millers Oils Ltd acquires Fuel Additive Science Technologies Ltd
Millers Oils Ltd has announced the acquisition of Fuel Additive Science Technologies Ltd (FAST). By acquiring FAST, Millers Oils – the independent blender and supplier of advanced oils, lubricants and fuel treatments – will also take ownership of the established Exocet brand, a range of fuel additives and treatments used in a wide range of… Continue reading Millers Oils Ltd acquires Fuel Additive Science Technologies Ltd
Lucie Vigier Appointed Head of Corporate Finance and Treasury
With effect from February 1st 2018, Lucie Vigier is appointed Head of Corporate Finance and Treasury. She will report to Jean Baptiste de Chatillon, CFO and Member of the Managing Board. Lucie Vigier joined the Groupe PSA in 1990 and was previously appointed Head of Corporate finance in 2012, with remarkable achievements. She contributed to… Continue reading Lucie Vigier Appointed Head of Corporate Finance and Treasury