FILE PHOTO: Signs are seen outside the Jaguar Land Rover plant at Halewood in Liverpool, northern England, September 12 , 2016. REUTERS/Phil Noble/File Photo WARWICK, England (Reuters) – Jaguar Land Rover (TAMO.NS) has enough parts from China to maintain its British production for the next two weeks but not beyond that at the moment, Chief… Continue reading Jaguar Land Rover to run out of Chinese parts for UK production after two weeks: CEO
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AkzoNobel secures 44-country supply deal with BMW including India
The BMW Group has chosen AkzoNobel to be a trusted supplier of vehicle refinish products and services to a large part of its distribution network around the world including. The deal came into effect on February 1, 2020. Covering 44 countries, the agreement means that the company’s premium Sikkens and Lesonal brands are now approved… Continue reading AkzoNobel secures 44-country supply deal with BMW including India
Fire breaks out at Varroc’s lighting plant in Pune, no casualties reported
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French finance minister warns Renault against job cuts, factory closures
FILE PHOTO: French Finance Minister Bruno Le Maire reacts after his New Year address to France’s economic officials and the media at the Bercy Finance Ministry in Paris, France, January 7, 2020. REUTERS/Charles Platiau/File Photo BRUSSELS (Reuters) – French Finance Minister Bruno Le Maire warned Renault (RENA.PA) on Tuesday against shutting factories in France and… Continue reading French finance minister warns Renault against job cuts, factory closures
Gojek reportedly buys 4.3% stake in Indonesian taxi company Blue Bird
Gojek has paid $30 million to take a minority stake in Blue Bird, one of the largest taxi operators in Indonesia, according to Bloomberg, which first reported that the deal was in progress last month. Gojek’s stake in Blue Bird is worth $30 million. The taxi operator’s holding company disclosed in a regulatory filing earlier… Continue reading Gojek reportedly buys 4.3% stake in Indonesian taxi company Blue Bird
Cadillac will unveil its first all-electric vehicle in April
Sponsored Links Cadillac We’ll soon finally see the midsize electric crossover Cadillac previewed way back in January 2019. Cadillac president Steve Carlisle has revealed that the company will unveil the crossover, its first all-electric vehicle, in April at the National Auto Dealer Association. The model will debut the brand’s BEV3 platform, which will serve as… Continue reading Cadillac will unveil its first all-electric vehicle in April
Exclusive: Tesla in talks to use CATL’s cobalt-free batteries in China-made cars – sources
Beijing (Reuters) – Tesla (TSLA.O) is in advanced stages of talks to use batteries from CATL (300750.SZ) that contain no cobalt – one of the most expensive metals in electric vehicle (EV) batteries – in cars made at its China plant, people familiar with the matter said. FILE PHOTO: A China-made Tesla Model 3 vehicle… Continue reading Exclusive: Tesla in talks to use CATL’s cobalt-free batteries in China-made cars – sources
Grab scales up advertising amid ride-hailing, food delivery boom
As the ride-hailing and food delivery business thrives, Grab is leveraging its growing user base to build yet another ancillary business in GrabAds. Go to Source
Nissan’s new CEO says willing to be fired if no turnaround
YOKOHAMA (Reuters) – Nissan’s (7201.T) new chief executive said on Tuesday he would accept being fired if he fails to turn around Japan’s second biggest automaker which is grappling with plunging sales in the aftermath of the scandal surrounding ex-chairman Carlos Ghosn. FILE PHOTO: Nissan Motor chief executive Makoto Uchida speaks during a news conference… Continue reading Nissan’s new CEO says willing to be fired if no turnaround
Nissan CEO sees earnings, cashflow under pressure this business year
FILE PHOTO: Nissan Motor chief executive Makoto Uchida speaks during a news conference at Nissan Motor headquarters in Yokohama, Japan, December 2, 2019. REUTERS/Kim Kyung-Hoon/File Photo YOKOHAMA (Reuters) – Nissan Motor Co (7201.T) Chief Executive Makoto Uchida on Tuesday said he expects weak global car sales to keep the Japanese automaker’s earnings and cashflow under… Continue reading Nissan CEO sees earnings, cashflow under pressure this business year