Marshall buys Volvo Derby from Vertu Motors

Marshall Motor Holdings has today completed the takeover of the Derby Volvo franchise from Vertu Motors. It has relocated the business from Sir Frank Whittle Road to Stadium View at Derby’s Pride Park, in a side previously occupied by a Land Rover business before it was relocated by Inchcape. In a statement for customers, Marshall said: “Don’t worry –… Continue reading Marshall buys Volvo Derby from Vertu Motors

Mitsubishi and NTT to buy 30% of mapping company Here

Mitsubishi and NTT to buy 30% of self-driving mapping company Here Read M&A insights you won’t find elsewhere Exclusive scoops Smart data to help spot risk and opportunity Analysis of broader trends in M&A Lex, our agenda-setting business commentary (Premium only) Due Diligence, an exclusive M&A newsletter (Premium only) Choose your subscription Trial Not sure… Continue reading Mitsubishi and NTT to buy 30% of mapping company Here

FCA union says keeping plants open doesn’t mean guaranteeing jobs

FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at the U.S. headquarters in Auburn Hills, Michigan, U.S., May 25, 2018. REUTERS/Rebecca Cook/File Photo TURIN, Italy (Reuters) – The head of the one of the main union groups at Fiat Chrysler said on Friday a pledge by the Italian-American carmaker and France’s PSA not… Continue reading FCA union says keeping plants open doesn’t mean guaranteeing jobs

Mahindra & Mahindra reveals top management succession plans, Dr Pawan Goenka to be succeeded by Dr Anish Shah in April 2021

Mahindra & Mahindra has completed a structured and rigorous review of top management succession, in view of the fact that over the next 15 months, a number of key leaders at the automaker will be retiring. The review by the company’s Governance, Nomination & Remuneration Committee (GNRC) has been ratified by the Board of Directors. With effect from… Continue reading Mahindra & Mahindra reveals top management succession plans, Dr Pawan Goenka to be succeeded by Dr Anish Shah in April 2021

Volkswagen fined record $125m for misleading Australian consumers over diesel emissions

Volkswagen (VW) VW says it is weighing up whether to appeal record penalty, which was handed down after judge rejected earlier deal Workers in a production line in the Volkswagen plant in Wolfsburg, Germany in 2011. VW has been handed a $125m fine for deceiving customers over emissions from diesel vehicles. Photograph: Ferdinand Ostrop/AP German… Continue reading Volkswagen fined record $125m for misleading Australian consumers over diesel emissions

Uniti to launch One EV, plans to sell business model as mobility service alternative

Like many start-ups, fledgling Swedish brand Uniti aims to disrupt the automotive industry. Not just with the One, a three-seat electric car engineered and (initially) set to be built in the UK, but further into the future, with a business model aimed at selling the car to companies as a mobility service for its employees… Continue reading Uniti to launch One EV, plans to sell business model as mobility service alternative

Musk: Holiday Tesla update adds ‘Stardew Valley,’ self-driving preview

Sponsored Links Tesla It’s been a few months since Tesla’s 10.0 update brought Cuphead, Netflix and YouTube to some of its in-car systems, and it appears more options are around the corner. Elon Musk tweeted tonight that a “holiday” update will add farming RPG Stardew Valley as a playable game, and include a Full Self-Driving… Continue reading Musk: Holiday Tesla update adds ‘Stardew Valley,’ self-driving preview

Honda’s new steering wheel is built for cars that can drive themselves

Sponsored Links Honda Honda plans to showcase a bunch of concepts and prototypes at CES 2020 next month, including an augmented driving concept that brings back memories of Hasbro’s wheel-like Bop It toy. See, the technology puts all the vehicle’s controls on the steering wheel: pat it twice to start the vehicle, pull it to… Continue reading Honda’s new steering wheel is built for cars that can drive themselves