TOKYO, Oct 30, 2020 – (JCN Newswire) – Toyota Motor Corporation and KDDI Corporation have agreed on a new business and capital alliance today with the purpose of further strengthening the relationship between the two companies. Details of the agreement follow. Background Since KDDI’s founding in October 2000 through the merger of Daini Denden Inc.… Continue reading @Toyota: Agreement on New Business and Capital Alliance between Toyota Motor Corp and KDDI
Tag: Strategy
Nidec plans $2bn EV motor factory in Europe for bet beyond China
KYOTO — Japan’s Nidec will spend about 200 billion yen ($1.9 billion) to build an electric vehicle motor factory in Serbia, Nikkei has learned, as the company looks to expand its foothold in Europe, whose EV market rivals that of China. The motor manufacturer is apparently in the final stages of talks with local authorities on… Continue reading Nidec plans $2bn EV motor factory in Europe for bet beyond China
LG ANNOUNCES THIRD-QUARTER 2020 FINANCIAL RESULTS
October 30, 2020 LG ANNOUNCES THIRD-QUARTER 2020 FINANCIAL RESULTS Open share list Share this content. Record High Third-Quarter Revenue and Operating Income Margin Reflect Strong Home Appliance, Consumer Electronics Growth SEOUL, Oct. 30, 2020 — LG Electronics Inc. (LG) today announced third-quarter 2020 consolidated revenue of KRW 16.92 trillion (USD 14.24 billion) and operating profit… Continue reading LG ANNOUNCES THIRD-QUARTER 2020 FINANCIAL RESULTS
@Mazda: Mazda North American Operations Names Takeshi Nishiki Chief Financial Officer
IRVINE, Calif., Oct. 30, 2020 /PRNewswire/ — Mazda North American Operations (MNAO) today announced the immediate appointment of Takeshi Nishiki as Chief Financial Officer. In this role, Nishiki will be tasked with maximizing Mazda’s financial resources to create a more nimble and profitable organization for the future. His efforts will focus on advancing Mazda’s financial… Continue reading @Mazda: Mazda North American Operations Names Takeshi Nishiki Chief Financial Officer
@Daimler: Daimler Trucks and Torc partner with Luminar to enable automated trucking – Daimler Trucks acquires minority stake in Luminar
Stuttgart, Germany / Palo Alto, CA, U.S. – Today, Luminar Technologies, Inc., the global leader in automotive lidar hardware and software technology, and the world’s largest commercial vehicle manufacturer, Daimler Truck AG, announced a strategic partnership to enable highly automated trucking, starting on highways. Experts at Daimler Trucks, its U.S. subsidiary, Daimler Trucks North America (DTNA)… Continue reading @Daimler: Daimler Trucks and Torc partner with Luminar to enable automated trucking – Daimler Trucks acquires minority stake in Luminar
@Daimler: 30. Oct 2020 Daimler Trucks and Torc partner with Luminar to enable automated trucking – Daimler Trucks acquires minority stake in […]
October 30, 2020 – Today, Luminar Technologies and the world’s largest commercial vehicle manufacturer, Daimler Truck AG, announced a strategic partnership to enable highly automated trucking, starting on highways. Luminar Technologies, Inc. is the global leader in automotive lidar hardware and software technology Experts at Daimler Trucks, its U.S. subsidiary, Daimler Trucks North America (DTNA)… Continue reading @Daimler: 30. Oct 2020 Daimler Trucks and Torc partner with Luminar to enable automated trucking – Daimler Trucks acquires minority stake in […]
@BMW: “Cobalt for Development” project started trainings for mining cooperatives in Kolwezi, Democratic Republic of Congo000696
Kolwezi, Democratic Republic of Congo – The cross-industry initiative “Cobalt for Development” has started trainings for twelve artisanal mining cooperatives in October in Kolwezi, Democratic Republic of Congo (DR Congo). The trainings cover major environmental, social and governance aspects for responsible mining practices. This includes mine site management and legal compliance, human rights, health and… Continue reading @BMW: “Cobalt for Development” project started trainings for mining cooperatives in Kolwezi, Democratic Republic of Congo000696
@niche: Nikola Appoints Bruce Smith to Board of Directors000240
PHOENIX, October 29, 2020 — Nikola Corporation (NASDAQ: NKLA) today announced that it has appointed Bruce Smith as a new independent director. Smith has more than 30 years of leadership experience in manufacturing operations, having led numerous companies and has a history of driving business and financial outperformance. He is currently the Chairman and Chief… Continue reading @niche: Nikola Appoints Bruce Smith to Board of Directors000240
Volvo Group and Isuzu Motors sign final agreements to form strategic alliance
GÖTEBORG, Sweden, Oct. 30, 2020 /PRNewswire/ — The Volvo Group and Isuzu Motors today signed binding agreements to form a strategic alliance within commercial vehicles in order to capture the opportunities in the ongoing industry transformation, in accordance with the Memorandum of Understanding signed in December 2019. The agreements include Isuzu Motor’s acquisition of UD… Continue reading Volvo Group and Isuzu Motors sign final agreements to form strategic alliance
AB Volvo and Isuzu Motors sign final agreements for strategic alliance
By Reuters Staff 1 Min Read Slideshow ( 2 images ) STOCKHOLM (Reuters) – Truckmaker AB Volvo VOLVb.ST and Japan’s Isuzu Motors 7202.T have inked a binding agreement for their previously announced strategic alliance, which includes Isuzu buying Volvo’s UD Trucks for around 20 billion Swedish crowns ($2.29 billion). The final agreement follow a memorandum… Continue reading AB Volvo and Isuzu Motors sign final agreements for strategic alliance