Japan’s Bridgestone to close tire factory in Bethune due to low demand More PARIS (Reuters) – The French government is sending two ministers to a tyre plant in northern France next Monday as it reiterated calls on Japanese owners Bridgestone <5108.T> to consider alternatives to closing the site. “I can confirm that I will go… Continue reading French ministers to visit Bridgestone plant under threat
Category: Suppliers
France to fight ‘appalling’ Bridgestone plant closure: finance minister
Japan’s Bridgestone to close tire factory in Bethune due to low demand More By Dominique Vidalon and Kiyoshi Takenaka PARIS/TOKYO (Reuters) – The French government is looking into options to try to prevent the closure of a Bridgestone <5108.T> tyre plant in northern France by its Japanese owner, and save jobs, finance minister Bruno Le… Continue reading France to fight ‘appalling’ Bridgestone plant closure: finance minister
FOCUS-Pandemic e-commerce surge spurs race for ‘Tesla-like’ electric delivery vans
By Nick Carey Sept 9 (Reuters) – Delivery fleet operators face regulatory pressure in California and other states to buy electric vehicles, but a surge in package deliveries thanks to coronavirus lockdowns has major firms itching to switch to electric right now. And they want far more than just battery-powered versions of diesel- or gas-guzzling… Continue reading FOCUS-Pandemic e-commerce surge spurs race for ‘Tesla-like’ electric delivery vans
Continental and Osram plan to repatriate the joint venture for lighting systems
Continental and Osram react to the current difficult market situation The companies have equal shares in the joint venture Negotiations on repatriation to be concluded by the end of the year Continental and Osram plan to remain in a partnership in the automotive industry Orders placed and commitments entered into will be fulfilled Hanover, September… Continue reading Continental and Osram plan to repatriate the joint venture for lighting systems
Li Auto Aims to Extend Lead in Chinese EV Market with NVIDIA DRIVE
One of the leading EV startups in China is charging up its compute capabilities. Li Auto announced today it would develop its next generation of electric vehicles using the high-performance, energy-efficient NVIDIA DRIVE AGX Orin. These new vehicles will be developed in collaboration with tier 1 supplier Desay SV and feature advanced autonomous driving features,… Continue reading Li Auto Aims to Extend Lead in Chinese EV Market with NVIDIA DRIVE
Maserati Awards Global Deal to TomTom
TomTom to Supply Maps, Navigation Software and Connected Services for New Maserati Models including the MC20 Supercar Amsterdam, Netherlands, 22 September 2020 TomTom (TOM2), the leading independent location technology specialist, today announced that it will provide Maserati with maps, navigation software and connected services for the all-new Maserati Intelligent Assistant (MIA) in-vehicle infotainment system. Drivers… Continue reading Maserati Awards Global Deal to TomTom
Hyundai Mobis Accelerate Mobility Technologies Investing in Overseas VC Funds
TipRanks Goldman Sachs: These 3 Stocks Are Poised to Surge by at Least 50% Is it time for the bears to break out the champagne glasses? Not so fast, says Goldman Sachs. Volatility has ruled the Street for the last few weeks, leading some to conclude that those with a more pessimistic outlook had been… Continue reading Hyundai Mobis Accelerate Mobility Technologies Investing in Overseas VC Funds
Hyundai Mobis develops Integrated Communication Controller, the next-generation V2X control technology for the first time in Korea
TipRanks Goldman Sachs: These 3 Stocks Are Poised to Surge by at Least 50% Is it time for the bears to break out the champagne glasses? Not so fast, says Goldman Sachs. Volatility has ruled the Street for the last few weeks, leading some to conclude that those with a more pessimistic outlook had been… Continue reading Hyundai Mobis develops Integrated Communication Controller, the next-generation V2X control technology for the first time in Korea
EU to investigate Eaton’s $3.3 bln sale of hydraulics unit to Danfoss
TipRanks Goldman Sachs: These 3 Stocks Are Poised to Surge by at Least 50% Is it time for the bears to break out the champagne glasses? Not so fast, says Goldman Sachs. Volatility has ruled the Street for the last few weeks, leading some to conclude that those with a more pessimistic outlook had been… Continue reading EU to investigate Eaton’s $3.3 bln sale of hydraulics unit to Danfoss
Compagnie Gener. des Etablissements Michelin — Moody’s affirms Michelin’s A3/P-2 ratings, outlook stable
Moody’s Investors Service, (“Moody’s”) has today affirmed all ratings of Compagnie Generale des Etablissements Michelin (CGEM, Michelin, or the group), including the issuer ratings of A3 for CGEM and Compagnie Financiere Michelin SCmA (CFM), a wholly owned subsidiary of CGEM and parent company of Michelin Luxembourg SCS (MiLux). Concurrently, Moody’s has affirmed the short-term Prime-2… Continue reading Compagnie Gener. des Etablissements Michelin — Moody’s affirms Michelin’s A3/P-2 ratings, outlook stable