Southeast Asian used car trading platform Carsome announced that it will be acquiring a 19.9% stake in ASX-listed iCar Asia Ltd from Catcha Group, according to a company statement. Carsome and Catcha group have also made a joint proposal to acquire the rest of the 80.1% of iCar from its shareholders in a total transaction… Continue reading Carsome, Catcha Group partner to acquire iCar Asia in $200m deal
Category: Automotive
07:00 ETDana Accelerates Greenhouse Gas Emissions Reduction and Commits to Setting Science-Based TargetsDana Incorporated (NYSE: DAN) announced today …
MAUMEE, Ohio, July 12, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today it will accelerate its plans to reduce Scope 1 and 2 greenhouse gas (GHG) emissions by at least 50 percent by 2030, ahead of its original target of 2035 that was announced in October 2020. The company has also signed a commitment letter… Continue reading 07:00 ETDana Accelerates Greenhouse Gas Emissions Reduction and Commits to Setting Science-Based TargetsDana Incorporated (NYSE: DAN) announced today …
Ford drops use of ‘chairman’ title, adopts other gender-neutral language
Because words matter. Ford Motor Company notified federal regulators that the 118-year-old automaker has officially replaced the use of “chairman” with “chair.” And they’re not the only ones making language changes. The Board of Directors voted on July 8 to amend Ford’s bylaws effective immediately and adopt gender-neutral language throughout, including the title “chair” in place of “chairman” as… Continue reading Ford drops use of ‘chairman’ title, adopts other gender-neutral language
Tesla Cybertruck is rumored to be behind ~$400 million camera deal with Samsung
Reports coming out of Korea state that Samsung has signed a massive $436 million deal to supply cameras to the “number 1 American EV manufacturer” for a vehicle unveiled in November 2019. It would indicate the deal is to supply cameras for the Tesla Cybertruck electric pickup truck. Earlier today, the Korea Economic Daily reported… Continue reading Tesla Cybertruck is rumored to be behind ~$400 million camera deal with Samsung
Volvo Trucks to restart Virginia factory as strike continues
Dublin, Va. — Volvo Trucks North America says some striking workers crossed picket lines Monday at a southwestern Virginia factory as the company plans to restart production. Spokesman John Mies wouldn’t say how many United Auto Workers members went inside the factory in Dublin, Virginia, near Roanoke. But he says in an email that it… Continue reading Volvo Trucks to restart Virginia factory as strike continues
@VW Group: Start of goTOzero weeks – Volkswagen Group invites employees around the world to environmental events003441
Decarbonization, energy, environmental compliance, biodiversity, water, waste and the circular economy – these are the topics of the Volkswagen Group “goTOzero weeks,” a new series of environmental events that is starting today and will be held through November in the company’s brands, regions and departments. The Group-wide campaign is designed to share information and promote… Continue reading @VW Group: Start of goTOzero weeks – Volkswagen Group invites employees around the world to environmental events003441
@VW Group: NEW AUTO – Mobility for Generations to Come003440
The presentation of the new Group strategy 2030 will be broadcast live on Tuesday, July 13th 2021, from 13:30pm CEST. Internet:https://www.volkswagenag.com/en/group/strategy.html Satellite-Feed for TV-Media: Europe / Middle East – live HD FeedLive feed to start at apprx. 13:20am CEST / 11:20am GMT Satellite: EUT 10 Transponder (digital): B03 / Ch.: C Downlink Frequency: 11.060,200 MHz… Continue reading @VW Group: NEW AUTO – Mobility for Generations to Come003440
@VW Group: Start of production of the new ŠKODA FABIA at main plant in Mladá Boleslav003440
Michael Oeljeklaus, ŠKODA AUTO Board Member for Production and Logistics, said: “Production launches are always very special moments that we meticulously prepare for. Today, we are celebrating the official start of production of the new FABIA. In total, we have invested 110 million euros in the extensive modernization as well as further automation of the… Continue reading @VW Group: Start of production of the new ŠKODA FABIA at main plant in Mladá Boleslav003440
@VW Group: Porsche drives worldwide rollout of urban retail formats003443
12/07/2021 Being where the customers and fans are. This is the core idea behind Porsche’s new retail formats in city centers. The Porsche Studios as permanent and the “Porsche NOW” sales pop-ups as temporary facilities play a special role in this. A new Porsche Studio opened in Oslo beginning of July. Porsche NOW locations have… Continue reading @VW Group: Porsche drives worldwide rollout of urban retail formats003443
@Ferrari: Ferrari S.p.A. proves again to be an Equal-Salary company. Certification confirmed also in North America.000135
The Equal-Salary Certification that Ferrari S.p.A. achieved one year ago was only the beginning of a long-term process involving all stages of its people management and development, not a result merely to be preserved but a commitment requiring ongoing renewal. This is confirmed by the PwC monitoring visit which concluded successfully in the last few… Continue reading @Ferrari: Ferrari S.p.A. proves again to be an Equal-Salary company. Certification confirmed also in North America.000135