Category: News Site

Spotawheel raises €10M debt and equity for its ‘end-to-end’ used car buying platform

Spotawheel, the “end-to-end” digital platform for buying a used car in Poland and Greece, has raised €10 million in debt and equity funding, as it sees a bounce-back from the slowdown witnessed as the coronavirus crisis took hold. Once again the new investment was led by VentureFriends, with participation from existing investor Velocity Partners, along… Continue reading Spotawheel raises €10M debt and equity for its ‘end-to-end’ used car buying platform

Europa Press: Toyota will halt expansion in India if government does not lower vehicle taxes000377

MADRID, 15 Sep. (EUROPA PRESS) – The automobile firm Toyota will stop its expansion in the Indian market due to the high taxes that the Government of India imposes on vehicles, despite the fact that the country is currently trying to attract multinationals to improve the economic situation it is going through due to the… Continue reading Europa Press: Toyota will halt expansion in India if government does not lower vehicle taxes000377

Europa Press: Suzuki presents the new Swace in Europe, its second vehicle born from the collaboration with Toyota000374

MADRID, 15 Sep. (EUROPA PRESS) – The automotive firm Suzuki has presented in Europe the new Swace, a family hybrid model that will hit the market this winter as a result of the agreement with the Japanese manufacturer Toyota. As Suzuki has reported, the Swace is the second Toyota car that Suzuki will market in… Continue reading Europa Press: Suzuki presents the new Swace in Europe, its second vehicle born from the collaboration with Toyota000374

Europa Press: Luca de Meo ‘fishes’ now at Citroën and hires Arnaud Belloni for the Marketing and Sales area000371

BOULOGNE-BILLANCOURT (FRANCE), Sep 15 (EUROPA PRESS) – The French automotive group Renault has hired Arnaud Belloni, who has served as Citroën’s Senior Vice President of Global Marketing, Communication and Sport since 2015, as a new member of the company’s Sales and Marketing team. As reported by Renault in a statement, Belloni will join the diamond… Continue reading Europa Press: Luca de Meo ‘fishes’ now at Citroën and hires Arnaud Belloni for the Marketing and Sales area000371

Europa Press: Volvo develops Clean Zone Multifilter technology, which improves cabin air quality000369

MADRID, 15 Sep. (EUROPA PRESS) – The automobile firm Volvo Cars has developed the Clean Zone Multifilter technology, which has a particle sensor to improve the quality of the air inside the passenger compartment, according to the company in a statement. Volvo has stressed that its new technology includes a sensor that measures particles with… Continue reading Europa Press: Volvo develops Clean Zone Multifilter technology, which improves cabin air quality000369

Europa Press: Navistar says Traton’s new offer undervalues ​​the company, but is open to negotiation000368

MADRID, 15 Sep. (EUROPA PRESS) – The truck manufacturer Navistar has opened its hand to explore a possible merger with the Volkswagen group’s industrial vehicles division, Traton, after the German firm increased its purchase offer by 23% last week, although it has indicated that this amount undervalues ​​the company. In this way, Navistar has indicated… Continue reading Europa Press: Navistar says Traton’s new offer undervalues ​​the company, but is open to negotiation000368

German FAZ: Daimler escapes the watchdog000201

When the US Department of Justice and the EPA announced the details of the settlement with the German automaker Daimler on fraudulent software in hundreds of thousands of diesel cars on Monday evening, there was also a pithy threat. “We will enforce the law. And anyone who tries to cheat or mislead the public will… Continue reading German FAZ: Daimler escapes the watchdog000201

German Manager Magazin: Nikola, the stock exchange supervisory authority and Rivian: What good is the Tesla competition? 000129

Karl-Thomas Neumann (59) had never heard of this obscure financial trick with which companies can be brought to the stock market in flash mode. Until the ex-boss of Opel Steve Girsky (58) announced two years ago – formerly vice of the long-time Opel mother General Motors (GM). Girsky wanted to put a vehicle on the… Continue reading German Manager Magazin: Nikola, the stock exchange supervisory authority and Rivian: What good is the Tesla competition? 000129