Once riding high as a national champion, a dwindling cash position amid difficult fundraising prospects has raised concerns about Indonesian technology giant GoTo’s business. GoTo, whose gross transaction volume at 451.5 trillion rupiah accounts for a substantial share of Indonesia’s GDP of 5,091 trillion rupiah, now has a weaker cash position than most of its… Continue reading Dwindling cash amid funding woes casts a shadow on GoTo’s business
Category: Automotive
Waterfield Advisors marks final close of its maiden fund-of-funds at $66m
Waterfield Advisors, a Mumbai-based wealth advisory firm, Wednesday announced the final close of its first fund-of-funds (FoF) at about $66 million (Rs 540 crore), exceeding the firm’s initial target of Rs 500 crore. The fund, which was launched in early 2021, marked its first close at Rs 200 crore in June last year. According to… Continue reading Waterfield Advisors marks final close of its maiden fund-of-funds at $66m
New evidence twist in Carlos Ghosn’s curious case – Asia Times
Four years ago this past weekend Nissan assembled global news media representatives at its headquarters in Yokohama to announce the arrests of two of its top executives, Carlos Ghosn and Greg Kelly. An industry legend for his role in saving the Japanese automaker from bankruptcy 19 years earlier, then building what came to be known… Continue reading New evidence twist in Carlos Ghosn’s curious case – Asia Times
How BMW will revamp its retail network for digital age – Automotive News Europe
BMW Group’s retail network in Europe will undergo major changes in the next few years as the automaker introduces a direct-sales agency model. BMW Group’s retail network in Europe will undergo major changes in the next few years as the automaker introduces a direct-sales agency model, under which the manufacturer invoices customers directly and dealerships… Continue reading How BMW will revamp its retail network for digital age – Automotive News Europe
Executive Chairman Bill Ford Wears Many Hats, Including ‘Car Guy’ And ‘Environmentalist’ – Forbes
Bill Ford discuses everything from the electric car revolution to the Mustang Mach-E’s reluctant … [+] name Will Collette Holding the title of Executive Chair at Ford Motor Company, plus the less-formal title of Henry Ford’s Great Grandson, could weigh heavily on a man’s shoulders. But Willian Clay Ford, better known as Bill Ford, carries… Continue reading Executive Chairman Bill Ford Wears Many Hats, Including ‘Car Guy’ And ‘Environmentalist’ – Forbes
BMW CEO Harald Krueger talks diesel and its future – BMWBLOG
During a recent interview with ZEIT magazine, BMW CEO Harald Krueger spoke about several things, including his first public speaking of his fainting accident, and they spoke quite a bit about diesel engines, their importance to the industry and how BMW complies with regulations. It seems as if the whole world is looking at other… Continue reading BMW CEO Harald Krueger talks diesel and its future – BMWBLOG
@Groupe PSA: OP Here we go Electric!000469
We have been waiting eagerly for this: The first facts about the all-electric Astra are here. What are the engineers’ priorities? From performance to pioneer status – the most important figures. drive trains 1, 2, … 3! The Astra is available with more drivetrain alternatives than any other Opel model: in addition to highly efficient… Continue reading @Groupe PSA: OP Here we go Electric!000469
@VINFAST: Vingroup : Vinfast receives an indicative corporate esg assessment from sustainalytics
Hà Nội, 6 December 2022 – VinFast, Vietnams first global electric vehicle (EV) manufacturer, is pleased to announce that it has received an indicative Corporate Environmental, Social and Governance (ESG) Assessment from Morningstar Sustainalytics, a globally recognized ESG research, ratings and data firm. VinFast received an overall indicative Corporate ESG Assessment score of 23.3, the… Continue reading @VINFAST: Vingroup : Vinfast receives an indicative corporate esg assessment from sustainalytics
Hebei International Industrial Design Week features more than innovative products
SHIJIAZHUANG, China, Dec. 8, 2022 /PRNewswire/ — An innovative subway rotating handrail features the functions like rotating disinfection, station display and handle temperature control. Small and flexible, snake-like food delivery robots can be used to go deep into ruins after earthquakes. EV upstart Xiaopeng’s pure electric manned flying car “Voyager X2”, which has just completed its first public flight overseas,… Continue reading Hebei International Industrial Design Week features more than innovative products
Hebei International Industrial Design Week features more than innovative products
SHIJIAZHUANG, China, Dec. 8, 2022 /PRNewswire/ — An innovative subway rotating handrail features the functions like rotating disinfection, station display and handle temperature control. Small and flexible, snake-like food delivery robots can be used to go deep into ruins after earthquakes. EV upstart Xiaopeng’s pure electric manned flying car “Voyager X2”, which has just completed its first public flight overseas,… Continue reading Hebei International Industrial Design Week features more than innovative products