Tag: Nissan

MUFG Announces Executive Leadership Changes Within its Securities Business

Denis McHugh appointed Chief Executive Officer of MUFG Securities Americas Inc. (MUSA), while Charles Green, Jr. joins the company as Chief Risk Officer for MUSA, Head of Market Risk Americas, MUFG Securities (Canada), Ltd., and International CRO for MUSI NEW YORK, Dec. 3, 2024 /PRNewswire/ — MUFG, one of the world’s leading financial groups, has… Continue reading MUFG Announces Executive Leadership Changes Within its Securities Business

End of an era as Carlos Tavares exits Stellantis

Carlos Tavares There was a point in time when Carlos Tavares could do no wrong. He was seen as the miracle turnaround man for Groupe PSA when it was literally down and out in the period of the global slowdown for 2009 to 2013. Not only did Tavares bring Peugeot back from the brink but… Continue reading End of an era as Carlos Tavares exits Stellantis

Stellantis CEO Carlos Tavares resigns amid problems in U.S., falling sales

watch now DETROIT — Stellantis CEO Carlos Tavares has unexpectedly resigned from the automaker amid increasingly “different views” between the executive and the board of directors, the company said Sunday. The world’s fourth-largest carmaker said its board accepted Tavares’ resignation on Sunday. His departure is effective immediately. Jeep-maker Stellantis said that its process to appoint… Continue reading Stellantis CEO Carlos Tavares resigns amid problems in U.S., falling sales

Aramco completes acquisition of 10% stake in Horse Powertrain Limited

Following the signing of definitive agreements on June 28, 2024, Aramco has completed its acquisition of a 10% equity stake in Horse Powertrain Limited (“Horse Powertrain”), based on an enterprise value of €7.4 billion Renault Group and Geely (through Geely Holding and Geely Auto) each retain a 45% equity stake in Horse Powertrain The investment solidifies a… Continue reading Aramco completes acquisition of 10% stake in Horse Powertrain Limited

Nissan looks to avoid repeat of 1999 crisis after profit collapse

After a brutal six months, Nissan is edging towards a financial precipice of the type that prompted its 1999 rescue by Renault. The Japanese firm is reportedly scouting for an investment partner to bolster it financially.  Honda has been named by a source speaking to the Financial Times as a possible buyer for shares being sold by Renault.… Continue reading Nissan looks to avoid repeat of 1999 crisis after profit collapse

@Renault: Aramco completes acquisition of 10% stake in Horse Powertrain Limited000674

Aramco completes acquisition of 10% stake in Horse Powertrain Limited Following the signing of definitive agreements on June 28, 2024, Aramco has completed its acquisition of a 10% equity stake in Horse Powertrain Limited (“Horse Powertrain”), based on an enterprise value of €7.4 billion Renault Group and Geely (through Geely Holding and Geely Auto) each… Continue reading @Renault: Aramco completes acquisition of 10% stake in Horse Powertrain Limited000674

Hyundai Motor India disputes media reports on emission penalties

Hyundai Motor India, the country’s second largest carmaker, has taken issue with media reports alleging that it, along with some of its peers, may be slapped with aggregate penalties of around Rs 7,200 crore. It said it has not received any formal or informal communication from the government in this regard, and also took issue… Continue reading Hyundai Motor India disputes media reports on emission penalties

First Sentier Investors announces key leadership appointments

SYDNEY and NEW YORK, Nov. 29, 2024 /PRNewswire/ — First Sentier Investors, a leading global investment manager, is pleased to announce two key leadership appointments, effective Jan. 1, 2025. Harry Moore, currently the Global Head of Distribution, Marketing, and Communications is appointed to the newly created role of Chief Commercial Officer; and Lauren Prendiville, currently… Continue reading First Sentier Investors announces key leadership appointments