Jaguar has axed plans for its much-rumoured all-electric J-Pace luxury SUV as part of the British brand’s new ‘Reimagine’ business plan, that will see the firm become an EV-only manufacturer by 2025. Jaguar Land Rover’s new boss, Thierry Bolloré, confirmed that the all-electric XJ large saloon car was no longer part of the firm’s future… Continue reading Jaguar J-Pace large electric SUV likely axed as part of new strategy
Tag: Strategy
William L. Kozyra to Retire as President & CEO of TI Fluid Systems, as Hans Dieltjens, Executive Vice President Prepares for Succession
AUBURN HILLS, Michigan (February 17, 2021) — TI Fluid Systems (LSE:TIFS), announces today that William L. Kozyra will retire as President and Chief Executive Officer and step down from the Board of Directors in the fourth quarter of this year, following an orderly transition to his successor, Hans Dieltjens. Hans Dieltjens will take on the… Continue reading William L. Kozyra to Retire as President & CEO of TI Fluid Systems, as Hans Dieltjens, Executive Vice President Prepares for Succession
Bosch teams up with Microsoft to develop software-defined vehicle platform for seamless integration between cars and cloud
Mobility Solutions is the largest Bosch Group business sector. It generated sales of 46.8 billion euros in 2019, and thus contributed 60 percent of total sales from operations. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is safe, sustainable, and exciting,… Continue reading Bosch teams up with Microsoft to develop software-defined vehicle platform for seamless integration between cars and cloud
@Groupe PSA: PR Upcoming change in ownership structure opens new perspectives for Faurecia, to be presented at its Capital Markets Day on 22 February 2021001222
Texte The completion of the FCA and Groupe PSA merger, effective since 16 January 2021, has given rise to the new Stellantis group, which is now Faurecia’s main shareholder. Faurecia welcomes the decision of Stellantis to distribute in kind to its shareholders its Faurecia shares representing c. 39% of the capital of the company, to… Continue reading @Groupe PSA: PR Upcoming change in ownership structure opens new perspectives for Faurecia, to be presented at its Capital Markets Day on 22 February 2021001222
Bamboo, Grupo Antolin’s sustainable option to dress the car, now with EPD certificate
Grupo Antolin has improved the sustainability of eBú, its natural bamboo fabric, as part of its commitment to develop more sustainable and environmentally friendly components within its innovation strategy. The fabric has obtained the EPD ecolabel (Environmental Product Declaration). As the new EPD ecolabel certifies, the eBú is the first and only bamboo fibre fabric… Continue reading Bamboo, Grupo Antolin’s sustainable option to dress the car, now with EPD certificate
@Daimler: Daimler confident for 2021
Financial results 2020 significantly better than expected amid COVID-19 challenges Net profit increased by 48% to €4.0 billion (2019: €2.7 billion) Net liquidity of the industrial business of €17.9 billion (end of Q3 2020: €13.1 billion/end of 2019: €11.0 billion) Dividend proposed of €1.35 per share (2019: €0.90) Daimler Group expects sales, revenues and EBIT… Continue reading @Daimler: Daimler confident for 2021
@Mitsubishi: OUTLANDER PHEV Became Europe’s Best-selling Plug-in Hybrid SUV in 2020
TOKYO, Feb 18, 2021 – (JCN Newswire) – MITSUBISHI MOTORS CORPORATION (MMC) announced that the OUTLANDER PHEV has closed out 2020 as Europe’s best-selling plug-in hybrid SUV. A total of 26,673 units were sold across Europe in 2020, and the OUTLANDER PHEV became the second best-selling plug-in hybrid across all segments(1). The OUTLANDER PHEV is… Continue reading @Mitsubishi: OUTLANDER PHEV Became Europe’s Best-selling Plug-in Hybrid SUV in 2020
Daimler confident for 2021
STUTTGART, Germany, Feb. 18, 2021 /PRNewswire/ — Financial results 2020 significantly better than expected amid COVID-19 challenges Net profit increased by 48% to €4.0 billion (2019: €2.7 billion) Net liquidity of the industrial business of €17.9 billion (end of Q3 2020: €13.1 billion/end of 2019: €11.0 billion) Dividend proposed of €1.35 per share (2019: €0.90)… Continue reading Daimler confident for 2021
Robert Bosch Venture Capital invests in Recogni’s Series B funding round
About RBVC GmbH Robert Bosch Venture Capital GmbH (RBVC) is the corporate venture capital company of the Bosch Group, a leading global supplier of technology and services. RBVC invests worldwide in innovative start-up companies at all stages of their development. Its investment activities focus on technology companies working in areas of business of current and… Continue reading Robert Bosch Venture Capital invests in Recogni’s Series B funding round
UK bus and coach registrations decline -32.0% as Covid hits 2020 market
Demand for new buses and coaches drops -32.0% in 2020, with 3,996 vehicles joining UK roads. Single-deck registrations, down -58.7% to 755 units, drive overall decline. Year started with growth in Q1 but ends with Q4 down -35.4% to 1,221 units as pandemic hits market. Sector calls for promised funding and bus strategy to be… Continue reading UK bus and coach registrations decline -32.0% as Covid hits 2020 market