DENSO Corporation, Toshiba Digital Solutions Corporation, and Toshiba Information Systems (Japan) Corporation have concluded a capital alliance agreement in which DENSO acquires 20% of the total number of shares issued by Toshiba Information Systems. The auto industry is changing in a way that requires ever-more complicated and advanced technologies, such as connectivity, autonomous driving, shared… Continue reading DENSO, Toshiba Digital Solutions, and Toshiba Information Systems Conclude a Capital Alliance Agreement to Enhance Development of Embedded Software for In-vehicle Products
Category: Automotive
Auto1 says no need for IPO after Softbank invests
By Nadine Schimroszik BERLIN, – German used-car dealing platform Auto1 said a 460 million euro ($561 million) financial infusion from Japan’s Softbank meant it was under no pressure to launch an initial public offering to fund its pan-European growth plans. Softbank, through its Vision Fund, will make around half of its investment via new shares,… Continue reading Auto1 says no need for IPO after Softbank invests
Feu vert au Paul Ricard pour la gamme de pneus MICHELIN Endurance slick 2014
Les 28 et 29 mars, Michelin a mis à l’épreuve sa nouvelle gamme de pneus lors du Prologue du Championnat du Monde d’Endurance (FIA WEC), sur le circuit Paul Ricard (Le Castellet, France). Le comportement des nouveaux pneumatiques a été analysé dans les moindres détails par les ingénieurs de MICHELIN Motorsport et par son directeur… Continue reading Feu vert au Paul Ricard pour la gamme de pneus MICHELIN Endurance slick 2014
Fiat Chrysler’s Marchionne: The Future of Cars Will Be Electric and Commoditized
Sergio Marchionne, one of the longest-serving CEOs in the auto industry, has a stark warning: Carmakers have less than a decade to reinvent themselves or risk being commoditized amid a seismic shift in how vehicles are powered, driven and purchased. Developing technologies like electrification, self-driving software and ride-sharing will alter consumers’ car-buying decisions within six… Continue reading Fiat Chrysler’s Marchionne: The Future of Cars Will Be Electric and Commoditized
Billions for Auto1: Berlin start-up in the world’s top – how Auto1 works
01/15/2018 Billions valuation for Auto1 “And then came grandma” By Claus Gorgs Kai Müller for manager magazin From zero to 2.9 billion: Hakan Koç (l.) And Christian Bertermann manage one of the most valuable start-ups worldwide The Berlin start-up has become Europe’s largest used car dealer in only five years. The investment by Softbank billionaire… Continue reading Billions for Auto1: Berlin start-up in the world’s top – how Auto1 works
Nissan showcases Electric Ecosystem designed to deliver the future of driving today
World leading electric vehicle company takes over Tenerife for a month to share its vision of zero emissions future More than 12,000 new Nissan LEAF customer orders in Europe in just 90 days Nissan e-NV200 with new battery giving businesses an extra 100km of range on sale from spring 2018 Tenerife, Canary Islands (January… Continue reading Nissan showcases Electric Ecosystem designed to deliver the future of driving today
Snows Group buys Portfield in Chichester
Snows Group has hit the acquisition trail buying Portfield in Chichester,which represents Citroën, Mazda and Peugeot (pictured) brands in the city. A Toyota franchise dealership is also being developed for the site. The deal also includes Portfield Part Exchange Centre Bognor Regis, which will become Snows’10th specialist used car outlet under the banner Too Good… Continue reading Snows Group buys Portfield in Chichester
UPDATE 1-Auto1 says no need for IPO after Softbank invests
BERLIN (Reuters) – German used-car dealing platform Auto1 said a 460 million euro ($561 million) financial infusion from Japan’s Softbank meant it was under no pressure to launch an initial public offering to fund its pan-European growth plans. Softbank, through its Vision Fund, will make around half of its investment via new shares, valuing Auto1… Continue reading UPDATE 1-Auto1 says no need for IPO after Softbank invests
Samsung SDI Unveils Innovative Battery Products at Detroit Motor Show
Displays cells, modules and battery packs using highly efficient, leading-edge material that can help popularize electric vehicles- Introduces new materials technology as well as various cells, modules and battery packs□ Increases EV design flexibility with tailored products- Exhibits Multi-Functional Module Battery Packs, Low Height Cells, 21700 Cylindrical Battery Cells SEOUL and Detroit–Samsung SDI (President: Jun Young-hyun)… Continue reading Samsung SDI Unveils Innovative Battery Products at Detroit Motor Show
Softbank invests €460M in Germany’s Auto1 car dealer platform
Softbank’s Vision Fund has made another investment: The Japanese conglomerate has agreed to invest €460M in Berlin-based online car dealer Auto1. Auto1 confirmed the investment in a press release put out today, saying the deal values the company at €2.9BN. Around half of the investment is being made through the issue of new shares, it added. The… Continue reading Softbank invests €460M in Germany’s Auto1 car dealer platform