Grab Financial Group announced today it has raised over US$300 million in its Series A funding round, led by Hanwha Asset Management. Other investors in the round include K3 Ventures, GGV Capital, Arbor Ventures, and Flourish Ventures. First Series A fundraising, led by Hanwha Asset Management, aimed at further accelerating access to financial services for… Continue reading Grab Financial Group’s fintech leadership recognised in Series A funding round of over US$300 million
Category: Automotive
Toyota Research Institute and Stanford University’s Dynamic Design Lab Study How to Improve Automotive Safety
The engineers are conducting research into how to bring together the instincts of professional drivers and automated driving technology. Their goal is to design a new level of active safety technology and share it broadly so that Toyota and other auto manufacturers can deploy it on the road. “Every day, there are deadly vehicle crashes… Continue reading Toyota Research Institute and Stanford University’s Dynamic Design Lab Study How to Improve Automotive Safety
Bentley ordered to destroy clothing in fashion line trademark row
In 2019 the High Court ruled Bentley Motors had infringed the trademark of Manchester-based Bentley Clothing. Go to Source
Passenger Vehicle sales up by 14.59% in December 2020
New Delhi: December 2020 brought some cheer to the carmakers as the passenger vehicle segment posted a double-digit growth of 13.59% at 2,52,998 units compared to 2,22,728 units in the same month last year, according to the numbers shared by Society of Indian Automobile Manufacturers (SIAM) It is to be noted that there is the… Continue reading Passenger Vehicle sales up by 14.59% in December 2020
Tata Motors’ CEO’s term ends next month, no word on reappointment
Guenter Butschek, CEO and MD, Tata Motors MUMBAI/CHENNAI: The spotlight will be on Tata Motors’ CEO and MD Guenter Butschek whose five-year term comes to an end next month. There has been no word on whether the German, who has been managing the operations of Tata Group’s automobile flagship from Austria — where his family… Continue reading Tata Motors’ CEO’s term ends next month, no word on reappointment
Jaguar Land Rover India expands network with new dealer in Bangalore
Jaguar Land Rover India today announced the appointment of Shakti Auto Cars as its new retailer partner in Bangalore, with Venkatesh Tatuskar as its director. The new, state-of-the-art 3S facility is located in the upscale Brookfield area, close to the major IT hub of Whitefield. With this Shakti Auto Cars becomes the luxury carmaker’s 29th dealership in… Continue reading Jaguar Land Rover India expands network with new dealer in Bangalore
@Renault: Groupe Renault : Press release strategic plan “Renaulution”000155
PRESS RELEASEGROUPE RENAULT “RENAULUTION” STRATEGIC PLANBoulogne-Billancourt, January 14, 2021 – Following approval by the Board of Directors, Luca de Meo, CEO Groupe Renault, presents today “Renaulution”, a new strategic plan, which aims to shift Groupe Renault’s strategy from volume to value.This strategic plan is structured in 3 phases that are launched in parallel:“Resurrection”, running up… Continue reading @Renault: Groupe Renault : Press release strategic plan “Renaulution”000155
@Renault: Groupe Renault: Communiqué de presse du Plan stratégique “Renaulution”000154
COMMUNIQUE DE PRESSEGROUPE RENAULT PRESENTE SON PLAN STRATEGIQUE « RENAULUTION »Boulogne-Billancourt, le 14 janvier 2021 – A la suite de l’approbation du Conseil d’administration, Luca de Meo, CEO du Groupe Renault, présente aujourd’hui “Renaulution”, un nouveau plan stratégique qui vise à réorienter la stratégie du Groupe Renault de la course au volume à la création de valeur.Ce plan… Continue reading @Renault: Groupe Renault: Communiqué de presse du Plan stratégique “Renaulution”000154
@Renault: AVTOVAZ STRONGLY CONTRIBUTES TO GROUPE RENAULT RENAULUTION STRATEGY000155
– LADA will consolidate its leading position in Russia with “state of the art” vehicles, therefore not only defending more than 20% market share, but also focusing on share of wallet- AVTOVAZ continues its transformation to become a world-class effective and competitive automotive manufacturer within Groupe Renault- The creation of the new business unit will… Continue reading @Renault: AVTOVAZ STRONGLY CONTRIBUTES TO GROUPE RENAULT RENAULUTION STRATEGY000155
@Daimler: On the way to “Lead in Car Software”
The In-Car Coding Community’s job is to increase the digital driving experience with excellent concepts and ideas An international competition seeks software developers, data scientists as well as start-ups and companies Concepts are implemented as apps so as to integrate them directly into the Mercedes-Benz vehicle fleet Mercedes-Benz AG provides participants with an in-house Software… Continue reading @Daimler: On the way to “Lead in Car Software”