Category: Automotive

German Manager Magazin: Auto1 competition Cazoo sponsor SC Freiburg: No guarantee “that we will make any profit at all”001766

To make his digital used car business known, Alex Chesterman (52) relies on one of the most expensive marketing channels of all: sports. The founder and CEO of the British platform Cazoo sponsors the English football clubs Aston Villa and Everton in the Premier League. He pumps money into three of the world’s biggest darts… Continue reading German Manager Magazin: Auto1 competition Cazoo sponsor SC Freiburg: No guarantee “that we will make any profit at all”001766

Ford drops India plans for EV exports

Ford has withdrawn its application from the Centre’s production-linked incentive (PLI) scheme for export of electric vehicles. Consequently, the company will not use any of its existing facilities in India for this purpose. Speculation was rife that the Maraimalainagar plant near Chennai would be the right for EV manufacturing since reports have been doing the… Continue reading Ford drops India plans for EV exports

Hyundai Mobis Signs a Strategic Partnership for Software Platform Development

– MOU with the AUTOSAR software platform expert Vector expected to boost software platform competitiveness. – The partnership is a preemptive move for forecasted increase in demand from global clients for software-installed auto components related to autonomous driving and infotainment. SEOUL, South Korea, May 12, 2022 /PRNewswire/ — Hyundai Mobis and Vector have agreed to… Continue reading Hyundai Mobis Signs a Strategic Partnership for Software Platform Development

@Nissan: 2022/05/12 Nissan reports strong financial results for fiscal year 2021 Nissan Moto…000744

2022/05/12 [embedded content] – Full year operating profit of 247.3 billion yen and net income of 215.5 billion yen– Achieved Nissan NEXT milestone of 2% operating profit margin on China joint venture proportionate basis– Expect an operating profit for fiscal year 2022 at the same level as fiscal year 2021 YOKOHAMA, Japan –Nissan Motor Co.,… Continue reading @Nissan: 2022/05/12 Nissan reports strong financial results for fiscal year 2021 Nissan Moto…000744

@Nissan: 2022/05/12 Nissan demonstrates strong progress with Nissan NEXT transformation plan …000743

2022/05/12 YOKOHAMA, Japan – Nissan Motor Co., Ltd. today issued an update on progress achieved at the mid-point of its four-year Nissan NEXT transformation plan, coinciding with publication of the company’s full-year results for the 12 months to March 31, 2022. The Nissan NEXT plan was launched in May 2020 with the goals of rationalizing… Continue reading @Nissan: 2022/05/12 Nissan demonstrates strong progress with Nissan NEXT transformation plan …000743

@Nissan: Nissan reports strong financial results for fiscal year 2021000743

2022/05/12 [embedded content] – Full year operating profit of 247.3 billion yen and net income of 215.5 billion yen– Achieved Nissan NEXT milestone of 2% operating profit margin on China joint venture proportionate basis– Expect an operating profit for fiscal year 2022 at the same level as fiscal year 2021 YOKOHAMA, Japan –Nissan Motor Co.,… Continue reading @Nissan: Nissan reports strong financial results for fiscal year 2021000743

General Motors and Red Hat collaborate to advance the future of software-defined vehicles

General Motors and Red Hat announced a collaboration to help advance software-defined vehicles. The companies expect to expand an ecosystem around the Red Hat In-Vehicle Operating System, which provides a functional-safety certified Linux operating system foundation intended for the ongoing GM’s Ultifi software platform. Together, GM and Red Hat intend to make complex vehicle updates… Continue reading General Motors and Red Hat collaborate to advance the future of software-defined vehicles