SEOUL, April 27 (Yonhap) — Elliott Advisors Ltd., a unit of U.S. activist hedge fund Elliott Management Corp., on Friday reiterated its demand for a holding company structure for Hyundai Motor Group. In a statement, the U.S. fund called on the Korean automotive group to merge Hyundai Motor Co. and Hyundai Mobis Co. into one… Continue reading Elliott reiterates call for holding firm structure for Hyundai Motor Group
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BMW: Innoviz & Magna
The sensors from BMW come from Innoviz and Magna, according to the new contracts. In terms of Lidar refers to the manufacturer BMW his supply of Innoviz or Magna. Magna Icon Radar. Source: Magna BMW should from now on its Lidarsensorik of Innoviz got a lidar manufacturer out Israel, These cooperate including with the supplier… Continue reading BMW: Innoviz & Magna
Bollinger to Bring Its B1 All-Electric Sport Utility Truck to Production in 2019
Over 12,000 people have already preordered the truck. via Bollinger Bollinger Motors has been one of the most interesting players in the electrification market since it first announced the all-electric B1. Without taking the flashy approach that many modern manufacturers are going with their iterations of EVs, Bollinger was able to produce a functional and… Continue reading Bollinger to Bring Its B1 All-Electric Sport Utility Truck to Production in 2019
Fitch affirms Tata Motors at BB+; outlook stable
TML‘s sales volume grew by 9% yoy in medium and heavy commercial vehicles and 23% in light commercial vehicles in FY18. New Delhi: Tata Motors (TML’s) rating, which includes a one-notch uplift from its standalone rating of ‘BB’ on its linkage with Tata Sons (TSOL), reflects its position in the Indian commercial-vehicle market and the… Continue reading Fitch affirms Tata Motors at BB+; outlook stable
Lotus SUV will put brand in ‘more luxury’ market
The forthcoming Lotus SUV is set to position the Norfolk-based sports car brand as a more luxury car maker than previously – and could be the first in a series of crossover machines from the firm. The project was one of the first signed off by Chinese company Geely after it bought the British firm last year. As previously revealed by… Continue reading Lotus SUV will put brand in ‘more luxury’ market
Fiat Chrysler Automobiles on course to cancel debt this year
Industry by Sam Sheehan, Autocar UK Apr 27, 2018 The Alfa Romeo Stelvio is one of FCA’s best-selling cars Fiat Chrysler Automobiles could clear all debts this year if its efficiency-boosting measures continue to have the same effect. The Italian-American carmaker announced in its first-quarter financial report that it had reduced current debt to €1.3 billion (£1.1bn) (Rs… Continue reading Fiat Chrysler Automobiles on course to cancel debt this year
Electric buses from Moia: Volkswagens latest brand may be on the streets of Hamburg from autumn
All articles and backgrounds 04/27/2018 Electric buses from Moia Volkswagens latest brand may be on the streets of Hamburg from autumn Moia The Hamburg can soon be chauffeured with new electric buses through the city. The authorities have the operation for den new car service Moia of the VW Group approved, said the transport authority… Continue reading Electric buses from Moia: Volkswagens latest brand may be on the streets of Hamburg from autumn
Renault: the turnover penalized by the effects of exchange
The comparison is cruel. Three days later PSA, which reported a turnover up more than 40% in the first quarter, Renault announces that it has remained virtually stable over the same period. According to figures released this Friday, the French automaker – a member of the world’s first automotive alliance by sales with Nissan and… Continue reading Renault: the turnover penalized by the effects of exchange
Renault Q1 sales flat as foreign exchange pinches
With Dongfeng, PSA remains unsatisfied
They were presented to shareholders with two short videos in Chinese subtitled in French. Liu Weidong and An Tiecheng, Dongfeng’s new representatives on PSA’s supervisory board, apologized on Tuesdaygeneral meeting of the manufacturer. The Peugeot and bpifrance clan, the other reference shareholders, had come in strong support Carlos Tavares and Louis Gallois, the tandem driven… Continue reading With Dongfeng, PSA remains unsatisfied