Official Press Release – Page 26056 – I wish I had more to offer

GROUPE RENAULT INAUGURATES ITS NEW ROMANIAN HEADQUARTERS “RENAULT BUCHAREST CONNECTED”

“Renault Bucharest Connected” is Groupe Renault’s new decision-making centre in Romania. 3,200 employees have been brought together in a building that houses the new Design Centre and also the engineering and tertiary functions. The decision-making centre was inaugurated on 28 June in the presence of Romanian Prime Minister, Viorica Vasilica Dancilă, Thierry Bolloré, Groupe Renault’s CEO, Laurens… Continue reading GROUPE RENAULT INAUGURATES ITS NEW ROMANIAN HEADQUARTERS “RENAULT BUCHAREST CONNECTED”

Acura RDX: New Generation Acura Shatters Sales Records

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Covestro unveils new Solution Center as part of its digitalization strategy

LEVERKUSEN, 28-Jun-2019 — /EuropaWire/ — Covestro has just launched its new Solution Center for intelligently presenting its products on the web. The new Covestro Solution Center is a key part of Covestro’s digitalization strategy. It will feature over 2,000 Covestro products where they can be found via an intelligent search, which also includes numerous technical product features.

By using Covestro’s new Solution Center customers will be able to filter by product characteristics or application areas and compare products side by side, as well as application examples. Now innovation managers, designers, developers and purchasers can find the products they are looking for even faster and smarter. Covestro’s Solution Center will also provide new insights and inspiring content.

The new web site can be found at solutions.covestro.com and from the initial idea to ordering the product customers can rely on support throughout all the phases.

From seeing all product features and examples of applications and downloading data sheets, comparing products, making service requests, inquiring samples to finding the right contact persons all this can easily be done within the new Covestro Solution Center.

Commenting on the launch of the new Covestro Solution Center, Karsten Malsch, Program Manager of Digital Customer Journey at Covestro, said:

“Our vision is to create a modern and seamless experience across all digital interfaces. The Solution Center is our main anchor. Now it’s time to get the customers on our website.”

The company is planning to make a use of social media channels to support its strategy. As an example, Covestro has recently started using WeChat in China.

Covestro in brief:

Covestro is active in the polymer industry with EUR 14.6 billion sales in 2018. The company owns 30 production sites worldwide and its employees at the end of 2018 were approximately 16,800 people. Covestro’s main focus is on the manufacture of high-tech polymer materials.

Media contacts:

Petra Schäfer

Covestro Deutschland AG
External Communications / Innovation
Phone: +49 214 6009 6332
petra.schaefer@covestro.com

SOURCE: Covestro AG

MORE ON COVESTRO, POLYMER MATERIALS, DIGITALIZATION, ETC.:
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MONET Forms Capital and Business Partnerships with Isuzu, Suzuki, Subaru, Daihatsu and Mazda Hino and Honda to make additional investments in MONET at the same time

MONET Technologies Inc.Isuzu Motors LimitedSuzuki Motor CorporationSubaru CorporationDaihatsu Motor Co., Ltd.Mazda Motor CorporationHino Motors, Ltd.Honda Motor Co., Ltd. MONET Forms Capital and Business Partnerships with Isuzu, Suzuki, Subaru, Daihatsu and MazdaHino and Honda to make additional investments in MONET at the same time MONET Technologies Inc. (“MONET”) today announced that it concluded capital and business… Continue reading MONET Forms Capital and Business Partnerships with Isuzu, Suzuki, Subaru, Daihatsu and Mazda
Hino and Honda to make additional investments in MONET at the same time

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MONET Forms Capital and Business Partnershipswith Isuzu, Suzuki, Subaru, Daihatsu and Mazda

June 28, 2019

MONET Forms Capital and Business Partnerships
with Isuzu, Suzuki, Subaru, Daihatsu and Mazda

Hino and Honda to make additional investments in MONET at the same time

MONET Technologies Inc.
Isuzu Motors Limited
Suzuki Motor Corporation
Subaru Corporation
Daihatsu Motor Co., Ltd.
Mazda Motor Corporation
Hino Motors, Ltd.
Honda Motor Co., Ltd.

MONET Technologies Inc. (“MONET”) today announced that it concluded capital and business partnership agreements with Isuzu Motors Limited (“Isuzu”), Suzuki Motor Corporation (“Suzuki”), Subaru Corporation (“Subaru”), Daihatsu Motor Co., Ltd. (“Daihatsu”) and Mazda Motor Corporation (“Mazda”), respectively. Isuzu, Suzuki, Subaru, Daihatsu and Mazda each plan to invest in MONET by August 2019 and acquire approximately 2% of its shares.

Simultaneously, Hino Motors, Ltd. (“Hino”) and Honda Motor Co., Ltd. (“Honda”) plan to make additional investments in MONET and maintain their respective ownership stakes of approximately 10%.

Junichi Miyakawa, President and CEO of MONET Technologies Inc. commented on the partnerships as follows:
“In addition to those with Toyota, Hino and Honda, our new partnerships with Isuzu, Suzuki, Subaru, Daihatsu and Mazda will enable us to acquire data on their vehicles and mobility services for coordination with the MONET platform. To build a high-level MaaS platform for an autonomous driving society, it is essential to integrate a wide number of datasets, and these partnerships will further accelerate our progress in building the MaaS business that MONET is aiming for. MONET will utilize the data provided by each company and leverage their automotive industry insights and networks. Together with our automotive manufacturer partners we will work to realize and spread innovative mobility services that can resolve Japan’s social mobility issues and create new value.”

Masanori Katayama, President and Representative Director of Isuzu Motors Limited, commented as follows:
“Isuzu is providing various products and services to support people’s lives and social production activities. It is said that automobile industry is facing ‘a once-in-a-century innovation’ era with social issues such as serious driver shortages and the diversification of consumer needs, and Isuzu aims to create new solutions through collaborating with customers and partners. In view of this, participation in MONET will bring us tremendously valuable opportunities in a wide variety of industries so that we will make a contribution to sustainable society development.”

Toshihiro Suzuki, Representative Director and President of Suzuki Motor Corporation, commented as follows:
“By participating in MONET, Suzuki aims to resolve regional transportation issues by making mobility more convenient for residents and link these efforts to both the promotion of regional and industrial revitalization and the creation of innovative next-generation mobility services. Suzuki would like to contribute to MONET’s creation of new value with transportation, using its diverse array of transportation modes, including motorcycles, marine products and electric wheelchairs, in addition to automobiles.”

Tomomi Nakamura, President and CEO, Representative Director of the Board, Subaru Corporation, commented as follows:
“Having its roots in aircraft manufacturing, Subaru has long dedicated itself to delivering cars that provide both enjoyment and peace of mind for all drivers and passengers. By participating in MONET, we will pursue Subaru’s vision of ‘Enjoyment and Peace of Mind’ in a way that befits the new era and contribute to the resolution of social mobility issues.”

Soichiro Okudaira, President of Daihatsu Motor Co., Ltd., commented as follows:
“Under the slogan ‘Light you up,’ Daihatsu has provided mini vehicles and other products to support people’s lives. By participating in MONET, Daihatsu will work closely together with various regions to ensure the development of vital communities that residents want to keep living in. Through these efforts, we will realize sustainable mobility services that are loved by citizens.”

Akira Marumoto, President and CEO, Representative Director, Mazda Motor Corporation, commented as follows:
“By sharing the experiences and thrills made possible by the fusion of cars and digital tools, Mazda is connecting different types of people with society, and providing a new type of car value—one that conveys the ‘joy of life’ with safety, peace of mind and enrichment. By co-creating together with other MONET participants, Mazda will pursue the possibilities of mobility services that ‘invigorate the mind and body’ to resolve social mobility issues in cities and regions.”

MONET shareholder structure and investment ratios (after each company completes investment)

Shareholder
Investment ratio
Investment amount
(Total 2,856.70 million yen)

SoftBank Corp.
Approx. 35.2%
1,005.00 million yen

Toyota Motor Corporation
Approx. 34.8%
995.00 million yen

Hino Motors, Ltd.
Approx. 10.0%
285.60 million yen

Honda Motor Co., Ltd.
Approx. 10.0%
285.60 million yen

Isuzu Motors Limited
Approx. 2.0%
57.10 million yen

Suzuki Motor Corporation
Approx. 2.0%
57.10 million yen

Subaru Corporation
Approx. 2.0%
57.10 million yen

Daihatsu Motor Co., Ltd.
Approx. 2.0%
57.10 million yen

Mazda Motor Corporation
Approx. 2.0%
57.10 million yen

●　Company names, product/service names included in this press release are registered/non-registered trademarks of the respective companies.

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Honda Global | June 28, 2019 MONET Forms Capital and Business Partnerships with Isuzu, Suzuki, Subaru, Daihatsu and Mazda

MONET Technologies Inc.Isuzu Motors LimitedSuzuki Motor CorporationSubaru CorporationDaihatsu Motor Co., Ltd.Mazda Motor CorporationHino Motors, Ltd.Honda Motor Co., Ltd. MONET Technologies Inc. (“MONET”) today announced that it concluded capital and business partnership agreements with Isuzu Motors Limited (“Isuzu”), Suzuki Motor Corporation (“Suzuki”), Subaru Corporation (“Subaru”), Daihatsu Motor Co., Ltd. (“Daihatsu”) and Mazda Motor Corporation (“Mazda”), respectively.… Continue reading Honda Global | June 28, 2019 MONET Forms Capital and Business Partnerships with Isuzu, Suzuki, Subaru, Daihatsu and Mazda

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For Honda’s sustainability, it is important to both meet stakeholders’ expectations and needs by providing products and services of value, fulfill its corporate social responsibility such as by considering the impact on the environment and society, as well as to contribute to the resolution of social issues through its business activities. Go to Source