AMSTERDAM – Stellantis N.V. and Banco Santander (Brasil) S.A. have agreed to reorganize their automotive financing partnership in Brazil. The contract signed with Banco Santander Brasil S.A. includes: the purchase by Banque PSA Finance S.A. of 50% of the shares in Banco PSA Finance Brasil S.A., a joint venture which was held 50/50 by a subsidiary… Continue reading @Groupe PSA: PR Stellantis Reaches Agreement with Santander Brasil to Boost Value Creation004792
Category: Automotive
@Groupe PSA: PR First amendment to the 2021 universal registration document004795
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@Groupe PSA: PR Universal Registration Document 2021004794
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@BMW: BMW i7 in the spotlight, exclusive photo shoot on the stage of the Opera House in Budapest.002430
Munich/ Budapest. On the occasion of the launch of the all-new BMW i7 in Hungary, a special photo-shooting took place of the electric luxury limousine at the Opera House, which also hallmarks the strengthening of the partnership. To celebrate the launch of the all-new BMW i7 electric luxury limousine in Hungary, BMW Group Hungary has… Continue reading @BMW: BMW i7 in the spotlight, exclusive photo shoot on the stage of the Opera House in Budapest.002430
@BMW: BMW Group makes its trend research available to all002429
Munich. Exclusive technological expertise for everyone: The BMW Group has made its Trend Radar public. The technology sector’s trend research website bundles the key findings of the global BMW Technology Offices in the USA, Germany, Israel, Japan, Korea, Singapore, and China. Global trend research allows the company to draw conclusions about future technological developments. As… Continue reading @BMW: BMW Group makes its trend research available to all002429
Why China Is Still Stuck in a Zero-Covid Nightmare
Scott Kennedy, senior adviser with the Washington, DC, think tank Center for Strategic and International Studies, visited China in October. “When I was there, it seemed clear to me that, privately, officials understood they needed to exit zero-Covid, and that plans were in the works to do so that would be implemented after the 20th… Continue reading Why China Is Still Stuck in a Zero-Covid Nightmare
Pliocene-Like Monsoons Are Returning to the American Southwest
Leaf waxes also predate climate records from Antarctic ice cores, which go back only about a million years and require a climate that can support ice. One study used leaf waxes to glimpse the climate of a warmer Spain some 15 to 17 million years ago. Another looked at the moisture history of Southwest Africa for the past… Continue reading Pliocene-Like Monsoons Are Returning to the American Southwest
Japanese automakers hit by China’s zero-COVID lockdowns
TOKYO — Ongoing COVID lockdowns in China are forcing Japanese car and truck manufacturers to drastically adjust their production schemes in the country, in some cases forcing Honda and Toyota to completely suspend operations at their factories there. The country’s zero-COVID policy of initiating massive lockdowns to stop outbreaks is keeping workers in their homes,… Continue reading Japanese automakers hit by China’s zero-COVID lockdowns
Mitsubishi Motors joins ranks offering inflation bonuses to workers
TOKYO — Mitsubishi Motors will offer one-time bonuses of up to 100,000 yen ($722) to help employees deal with inflation, joining a growing list of Japanese companies providing financial assistance. The automaker will distribute the allowances Friday. About 12,000 regular and other nonmanagerial employees will receive the full 100,000 yen lump sum. Another 2,000 nonregular… Continue reading Mitsubishi Motors joins ranks offering inflation bonuses to workers
India’s automakers race to lead the pack in an electric future
MUMBAI — Major automakers in India are making a big push toward electric vehicles, hoping to grab the lion’s share of the country’s nascent market. Tata Motors has introduced electrics that are 30% to 50% cheaper than conventional models, showing a willingness to sacrifice profitability for market share. Other manufacturers are increasing investments as the… Continue reading India’s automakers race to lead the pack in an electric future