WASHINGTON (Reuters) -Volkswagen AG’s U.S. unit apologized on Wednesday after a false statement it issued about a name change was widely slammed on social media. FILE PHOTO: A Volkswagen logo is show with an American flag at a car dealership in Carlsbad, California, U.S., September 23, 2020. REUTERS/Mike Blake/File Photo The company acknowledged that the… Continue reading Volkswagen pulls name-change stunt after it backfires on social media
Tag: Strategy
Toyota Motor Credit Corporation Celebrates First Year of Mazda Financial Services Private Label Business
“When we started this business, we knew we had to provide exceptional service and drive loyalty to our partners at Mazda North American Operations, with solutions that benefit Mazda dealers and customers,” said Pete Carey, president of MFS. “We’re incredibly grateful for the opportunity to work with MNAO, and we look forward to continuously improving… Continue reading Toyota Motor Credit Corporation Celebrates First Year of Mazda Financial Services Private Label Business
Tata Motors sales jump 500% to 66,609 units in March; FY21 sales up 5%
In FY21 the company’s PV sales registered its highest ever annual sales in 8 years at 222,025 units, while posting a growth of 69% versus FY20. New Delhi: Tata Motors on Thursday reported 505% growth in total domestic sales at 66,609 units in March 2021 as compared to 11,012 units in the same month last… Continue reading Tata Motors sales jump 500% to 66,609 units in March; FY21 sales up 5%
Tata Motors sells 222,025 PVs in FY2021, notches 69% growth
Tata Motors, which is seeing a remarkable turnaround in its passenger vehicle business, has posted a robust sales performance for the fiscal year FY2021, driven on the back of a young and dynamic product portfolio. The company registered cumulative passenger vehicle (PV) sales of 222,025 units in the 11-month period of the financial year, as… Continue reading Tata Motors sells 222,025 PVs in FY2021, notches 69% growth
Merged Entity between Hyundai AutoEver, Hyundai MnSOFT, and Hyundai Autron Set to Be Established on April 1
The merged entity between Hyundai AutoEver, Hyundai MnSOFT, and Hyundai Autron is set to be launched on Thursday. The entity will look to become a global mobility software (SW) company by strengthening Hyundai Motor Group’s competitive edge SW.According to Hyundai AutoEver on Wednesday, the entity’s business will be made up of automotive SW, applied SW,… Continue reading Merged Entity between Hyundai AutoEver, Hyundai MnSOFT, and Hyundai Autron Set to Be Established on April 1
Bosch Rexroth defies adversity in fiscal 2020 and sees business recovery
As one of the world’s leading suppliers of drive and control technologies, Bosch Rexroth ensures efficient, powerful and safe movement in machines and systems of any size. The company bundles global application experience in the market segments of Mobile Applications, Machinery Applications and Engineering, and Factory Automation. With its intelligent components, customized system solutions and… Continue reading Bosch Rexroth defies adversity in fiscal 2020 and sees business recovery
Linux Foundation and OpenTreatments Foundation team up to fight rare genetic diseases
About a decade ago, I lost my lovely, barely teenage niece Sarah to a rare childhood brain cancer. When I first found out, I’d assumed there was surely some treatment that would give her a chance. There wasn’t then, and there isn’t now. It’s still a death sentence. Open Source She’s far from alone. Many… Continue reading Linux Foundation and OpenTreatments Foundation team up to fight rare genetic diseases
Volkswagen apologizes for ‘Voltswagen’ April Fools’ marketing stunt
Volkswagen AG on Wednesday apologized for its announcement that it was renaming its U.S. operations “Voltswagen” — a marketing stunt that fooled some investors, analysts and journalists and sent shares up almost 9% on Tuesday. The German automaker’s stock closed down Wednesday, declining more than 3.6%. VW’s securities had been the hottest auto stock this month… Continue reading Volkswagen apologizes for ‘Voltswagen’ April Fools’ marketing stunt
@VW Group: New suite of connected services for the Lamborghini Huracán EVO range: Automobili Lamborghini is first to incorporate comprehensive in-car control by Amazon Alexa002771
Sant’Agata Bolognese, 31 March 2021 – Automobili Lamborghini is now enhancing the connected services offering in its Huracán EVO models from the beginning of 2021, comprising navigation, comfort, safety and entertainment functions. Lamborghini Connect adds new ‘peace of mind’ services through connection to the Lamborghini UNICA app: a car-finder function, vehicle status report and geofencing… Continue reading @VW Group: New suite of connected services for the Lamborghini Huracán EVO range: Automobili Lamborghini is first to incorporate comprehensive in-car control by Amazon Alexa002771
@FaradayFuture: Faraday Future Names Global Post-Closing Board of Directors Following The Recent Signing of its…
New Board to be comprised of a diverse group of industry experts in the technology, automotive, finance, regulatory and government, transportation, and energy sectors Board to include FF Global CEO Carsten Breitfeld, current FF Board member Brian Krolicki, Matthias Aydt, Christine Harada, Lee Liu, Sue Swenson, Jordan Vogel, Scott Vogel, and Bob Ye LOS ANGELES,… Continue reading @FaradayFuture: Faraday Future Names Global Post-Closing Board of Directors Following The Recent Signing of its…