Uber to Acquire Majority Ownership in Cornershop

SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced an agreement to acquire majority ownership of Cornershop, a leading online grocery provider in Chile, Mexico, and more recently in Peru and Toronto. The investment is expected to close in early 2020, subject to regulatory approval. “Whether it’s getting a ride, ordering food from your favorite… Continue reading Uber to Acquire Majority Ownership in Cornershop

Subaru Corporation Receives Securities Analysts’Award for Excellence in Corporate Disclosure for 6th Consecutive Year

October 10, 2019

Subaru Corporation Receives Securities Analysts’
Award for Excellence in Corporate Disclosure for 6th Consecutive Year

Tokyo, October 10, 2019 – Subaru Corporation has been selected as the top company in the “automobile, auto parts and tires” category of the 2019 Awards for Excellence in Corporate Disclosure presented by the Securities Analysts Association of Japan (SAAJ). Subaru received the highest marks among the 20 companies in the category that were evaluated. This is the 6th consecutive year that Subaru has been ranked at the top in the category.

The Excellence in Corporate Disclosure Awards have been presented by the SAAJ every year since 1995 with the goal of improving corporate information disclosure. This year marks the 25th year that the award program has been held. Companies are evaluated by securities analysts of each sector on the basis of the following five criteria:
1) management’s stance on investor relations, the function of a corporation’s investor relations department, and basic stance of a corporation’s investor relations; 2) disclosures through briefings, interviews, and explanatory materials; 3) fairness in disclosure; 4) disclosure related to corporate governance; and 5) voluntary disclosure that conforms to conditions of each industry.

As the company’s management philosophy, Subaru aims to be “a compelling company with a strong market presence” built upon its customer-first principle.
We will continue to meet our responsibilities as a company that conducts its business on the global stage and, in our IR activities, will seek to further enhance shareholder and investor understanding of Subaru through the broad-based and fair disclosure of corporate information.

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Marion Harris

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Marion Harris

Marion Harris

Marion Harris has been named vice president, Mobility Business Group, Ford Motor Company. In this role, he is responsible for scaling the company’s existing mobility businesses, including Ford Commercial Solutions; FordPass and digital services, including those supporting autonomous vehicle businesses and personal vehicle ownership; and future businesses developed within the Mobility team.

Prior to this role, Harris served as chief financial officer and treasurer, Ford Motor Credit Company, with responsibility for financial planning, analysis and accounting operations. He worked closely with Ford Motor Company’s Treasury team on funding and liquidity initiatives and maintained relationships with financial analysts and rating agencies.

During his time in this role, Harris was integral in the development of Ford Credit’s strategies for smart insurance and financial technology solutions.

Additionally, Harris ser..

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LADA #СLUB – sales start of limited series

LADA announces sales start of the limited series #CLUB. Special trim level is created for those who have a passion for comfort, strive to stand out in the stream and prefer to make a meaningful choice LADA #CLUB is presented by the Granta sedan and liftback, the compact XRAY crossover and the Largus station wagon… Continue reading LADA #СLUB – sales start of limited series

Board of Directors of Renault’s PRESS RELEASE

Boulogne-Billancourt, October 11th, 2019 – The Board of Directors of Renault met today to decide on the Group’s governance. At this meeting, the Board of Directors decided to end the mandate of Mr Thierry Bolloré as Chief Executive Officer of Renault SA and President of Renault s.a.s with immediate effect. The Board of Directors also… Continue reading Board of Directors of Renault’s PRESS RELEASE

DENSO and NHRA Pro Stock Motorcycle Champion Matt Smith Go Pink for Breast Cancer Awareness Month

Contact: Dan AlfDENSO Products and Services Americas, Inc.Phone: (310) 513-7353dan_alf@densodrive.com LONG BEACH, Calif. – DENSO Products and Services Americas, Inc., an affiliate of leading global automotive supplier DENSO Corp., and Matt Smith, three-time winner of the NHRA Mello Yello Drag Racing Series Pro Stock Motorcycle championship, are wrapping Smith’s bike in pink this month to raise awareness about breast cancer.… Continue reading DENSO and NHRA Pro Stock Motorcycle Champion Matt Smith Go Pink for Breast Cancer Awareness Month

Renault board to meet, as CEO denounces potential exit as ‘coup’

PARIS, Oct 10 (Reuters) – Renault SA's CEO, Thierry Bollore, denounced as a “coup” his potential exit from the French carmaker, which has called a board meeting on Friday to discuss governance matters.
Bollore also told Les Echos newspaper on Thursday he was appealing to the key Renault shareholder, the French state, to avoid destabilising the company.
“The brutality and the totally unexpected character of what is happening are stupefying … This coup de force is very worrying,” Bollore said.
Earlier, Bollore had skirted the matter of his potential exit from the firm in a conversation with staff on Thursday, two company sources said.
A source close to the French government – a major Renault shareholder – earlier this week confirmed that a senior management shake-up at Renault was on the cards.
Le Figaro newspaper reported that Chairman Jean-Dominique Senard was poised to kick off a process to replace Bollore.
The French finance ministry expressed its support of Senard on Thursday..