Tag: Strategy

@VW Group: Audi strengthens business in China: First majority interest held by Audi in new cooperation company for local electric car production with FAW

The brand with the Four Rings is deepening its partnership with FAW and laying the foundation for continued success in China. The Board of Management of Audi, Supervisory Board of the Volkswagen Group and Board of Management of the FAW Group confirmed that Changchun in the northeast of China will be the headquarters of the… Continue reading @VW Group: Audi strengthens business in China: First majority interest held by Audi in new cooperation company for local electric car production with FAW

@BMW: BMW M GmbH still on its path of sustained growth in 2020: 144,218 vehicles delivered worldwide.000855

Munich. With yet another new sales record, the BMW M GmbH continued to grow also in the 2020 fiscal year. Despite the effects of the Corona pandemic on the market, it was possible to increase the number of BMW M automobiles sold by 6 percent to 144,218 units. Thanks to this result, the subsidiary company of… Continue reading @BMW: BMW M GmbH still on its path of sustained growth in 2020: 144,218 vehicles delivered worldwide.000855

Tata Motors partners banks and NBFCs to provide financing for commercial vehicles

Tata Motors, one of the largest commercial vehicle manufacturer in the country, has entered into partnerships with the country’s leading private banks, including HDFC Bank, ICICI Bank, Yes Bank, Equitas Small Finance Bank, AU Small Finance Bank, and NBFCs like: Cholamandalam Investment and Finance Co, HDB Financial Services, Sundaram Finance, and newly merged entities of… Continue reading Tata Motors partners banks and NBFCs to provide financing for commercial vehicles

German Handelsblatt: PSA boss: Carlos Tavares takes over management of the transatlantic auto company Stellantis001122

Carlos Tavares For the manager only his own performance counts. (Photo: Bloomberg) Paris Since the weekend there is a new group in the top league of the auto industry: Stellantis. The artificial name stands for the merger of Peugeot SA (PSA) and Fiat-Chrysler (FCA). In terms of the number of vehicles sold, Stellantis will be… Continue reading German Handelsblatt: PSA boss: Carlos Tavares takes over management of the transatlantic auto company Stellantis001122

Motherson Group enters Turkey, acquires Plast Met Group

SamvardhanaMotherson Automotive Systems Group (SMRPBV) has today announced acquiring a majority stake in Turkey’s Plast Met Group. The Plast Met Group comprises of Plast Met Plastik Metal San. İmalatveTic.A.Ş.(PM-Bursa) and Plast Met KalıpSan.veTic.A.Ş .(PM-Istanbul). The acquisition will be completed through Samvardhana Motherson’s subsidiary, Samvardhana Motherson Reflectec (SMR). SMR will acquire 75 percent stake and will… Continue reading Motherson Group enters Turkey, acquires Plast Met Group

German Manager Magazin: Renault: Luca de Meo’s strategy should lead away from mass thinking, but in the case of electric cars, belligerent with Renault 5-Comeback000479

The French automakerRenaultwants to find its way back on the road to success with a sharper savings system and the conversion to a software-driven technology group. The new CEO Luca de Meo (53) explained on Thursday his restructuring program with the name “Renaulution”, with which he wants to increase the profitability of the troubled group… Continue reading German Manager Magazin: Renault: Luca de Meo’s strategy should lead away from mass thinking, but in the case of electric cars, belligerent with Renault 5-Comeback000479

German Manager Magazin: Rupert Stadler: Ex-boss of Audi attacks public prosecutors head-on000479

The former AudiChief Rupert Stadler has never made a secret of the fact that he is in the Diesel affair completely wrong for fraud brought to justice sees. When he spoke for the first time on Tuesday, the 19th day of his main hearing, the rather brittle business economist became almost emotional by his standards.… Continue reading German Manager Magazin: Rupert Stadler: Ex-boss of Audi attacks public prosecutors head-on000479

France’s Total to acquire 20% stake in India’s Adani Green Energy

The Adani Group said on Monday that France-based Total will acquire 20% minority interest in Adani Green Energy Ltd (AGEL). The investment in AGEL is another step in the strategic alliance between Adani Group and Total across various businesses and companies of the Adani Group, covering investments in liquefied natural gas (LNG) terminals, gas utility… Continue reading France’s Total to acquire 20% stake in India’s Adani Green Energy

@Honda: ALL-NEW HR-V TO JOIN HONDA’S ELECTRIFIED LINE-UP IN 2021

Popular small SUV to feature Honda’s two-motor hybrid technology as standard HR-V e:HEV is the latest step in Honda’s commitment to electrify all its mainstream models in Europe by 2022   Honda will unveil the latest generation of its popular HR-V in February this year. The small SUV will feature the company’s advanced two-motor e:HEV… Continue reading @Honda: ALL-NEW HR-V TO JOIN HONDA’S ELECTRIFIED LINE-UP IN 2021