Results Released in Conjunction with Car Care Month in October LEESBURG, Va., Oct. 4, 2022 /PRNewswire/ — In a survey conducted for the National Institute for Automotive Service Excellence (ASE), automotive service providers have gained a higher level of trust and respect among the motoring public than in recent years. Almost 1,500 vehicle owners were surveyed… Continue reading Consumer Survey Shows Greater Trust in Automotive Service Professionals
Category: Automotive
@Mahindra: SsangYong Motor lays foundation for business turnaround with the final authorisation of its proposed rehabilitation
▪ Successful conclusion of ‘The Assembly of Related Persons’ with overwhelming consent of creditors lays the foundation for the normalisation of the business ▪ Improved financial position and new capital structure result from implementing the rehabilitation plans including debt clearance and conversion of investments ▪ Subject to the Court’s agreement, the company will request the… Continue reading @Mahindra: SsangYong Motor lays foundation for business turnaround with the final authorisation of its proposed rehabilitation
@Mahindra: SsangYong Motor selects the KG Consortium as its final bidder
▪ Contract with the KG Consortium to conclude the sale without change to the investment conditions ▪ Rehabilitation plan based on the investment proposal to be submitted to the court by the end of July SsangYong Motor Company (SYMC) has announced that it has selected the KG Consortium as its final bidder to acquire the… Continue reading @Mahindra: SsangYong Motor selects the KG Consortium as its final bidder
@Mahindra: SsangYong signs conditional investment contract with KG consortium
SsangYong Motor Company announced that it signed a conditional investment deal with a KG consortium on May 18th, ahead of the auction later this month to find a new investor. KG consortium is formed with Special Purpose Companies (SPC), which are KG Mobility, KG ETS, KG Steel, KG Inicis, KG Mobilians, and with private… Continue reading @Mahindra: SsangYong signs conditional investment contract with KG consortium
@VW Group: Porsche SE strengthens its portfolio with further core investment005907
Stuttgart, 4 October 2022. Porsche Automobil Holding SE (Porsche SE), Stuttgart, expands its investment portfolio with the acquisition of 25 percent plus one share of the ordinary shares in Dr. Ing. h.c. F. Porsche AG (Porsche AG), Stuttgart. Besides its core investment in Volkswagen AG and a portfolio of innovative technology companies, Porsche SE thus holds… Continue reading @VW Group: Porsche SE strengthens its portfolio with further core investment005907
@VW Group: DTM win at Spa for Dennis Olsen and two podium finishes for Thomas Preining005911
15/09/2022 Porsche customer teams left an indelible mark on the DTM race weekend in Belgium’s Spa-Francorchamps. In changeable conditions at the legendary ‘Ardennes rollercoaster’, polesitter Dennis Olsen from Norway took a lights-to-flag victory at the wheel of SSR Performance’s Porsche 911 GT3 R on Saturday. Porsche works driver Thomas Preining finished both races with a… Continue reading @VW Group: DTM win at Spa for Dennis Olsen and two podium finishes for Thomas Preining005911
@VW Group: Two Women Get Rid of Plastic005910
A grey rolling door rises at the press of a button to reveal an unprepossessing warehouse space. Here in Buchholz, a small town in northern Germany, one of the most important goals of the future—a world without plastic—is being actively pursued. Traceless Materials GmbH, a German start-up, has developed an innovative solution. Hidden away inside… Continue reading @VW Group: Two Women Get Rid of Plastic005910
@VW Group: Tailor-made development in China005909
A glance at the skyline is enough to tell the casual observer that driving in China is a different experience. The cities are crisscrossed by multi-level elevated roads of a type that simply doesn’t exist in Europe. They make very specific demands of navigation devices because the technology must identify which of the up to… Continue reading @VW Group: Tailor-made development in China005909
@VW Group: We Drive puts women in pole position005908
At the historic Brands Hatch circuit in southeast England, ‘We Drive with Esmee Hawkey’ offered 12 women from all over Europe the chance to take part in a day of driver tuition, workshops and Q&As. Hawkey, the 2020 Carrera Cup GB Pro-Am champion, was joined by a number of other professional racing drivers and instructors… Continue reading @VW Group: We Drive puts women in pole position005908
@VW Group: Porsche 963: successful tests on legendary US racetrack005907
© 2022 Dr. Ing. h.c. F. Porsche AG. *Data determined in accordance with the measurement method required by law. As of 1 September 2018 the Worldwide Harmonised Light Vehicles Test Procedure (WLTP) replaced the New European Driving Cycle (NEDC). Due to the more realistic test conditions, the fuel/electricity consumption and CO₂ emission values determined in accordance… Continue reading @VW Group: Porsche 963: successful tests on legendary US racetrack005907