@Groupe PSA: PR PSA Aftermarket offers e-payment facilities for its after-sales customers in partnership with Score & Secure Payment (SSP)000741

Groupe PSA launches within its repair network, as well as within Eurorepar Car Service a new dynamic incoming payment solution offered by Score & Secure Payment (SSP), a fintech specializing in the entire value chain of payment, acceptance, acquisition, processing, security and recovery through redemption of claims.In an increasingly digitalized economic environment, the customers are… Continue reading @Groupe PSA: PR PSA Aftermarket offers e-payment facilities for its after-sales customers in partnership with Score & Secure Payment (SSP)000741

@Daimler: Daimler’s Lab1886 innovation forge to be reorganised

The main components of Lab1886 will be acquired by RB-Capital GmbH, majority-owned by GFT founder Ulrich Dietz. Daimler will hold a minority interest in the resulting 1886Ventures innovation platform. A further 10% of 1886Ventures will be held by the globally active software company GFT Technologies SE. A substantial part of the team of the former… Continue reading @Daimler: Daimler’s Lab1886 innovation forge to be reorganised

Timken Acquires Aurora Bearing Co.

NORTH CANTON, Ohio, Dec. 1, 2020 /PRNewswire/ — The Timken Company (NYSE: TKR), a world leader in engineered bearings and power transmission products, has acquired the assets of Aurora Bearing Company (Aurora). Aurora manufactures rod ends and spherical plain bearings, which serve a diverse range of industrial sectors, including aerospace and defense, racing, off-highway equipment and… Continue reading Timken Acquires Aurora Bearing Co.

Hertz to Sell Donlen for at Least $875 Million

Hertz Global Holdings has entered into a stock and asset purchase agreement to sell substantially all of the assets of its wholly-owned fleet management subsidiary, Donlen, to Athene Holding, a leading financial services company. Graphics: Hertz Hertz Global Holdings has entered into a stock and asset purchase agreement to sell substantially all of the assets… Continue reading Hertz to Sell Donlen for at Least $875 Million

How parent of BMW’s China partner drove to the brink of bankruptcy By – Up News Info

© . FILE PHOTO: Harald Krueger, BMW Chief Executive hugs Chen Qiufa, Communist Party Secretary of Liaoning province for a photo during a signing ceremony inside the BMW Brilliance Plant Tiexi, in Shenyang By Yilei Sun and Tony Munroe BEIJING () – In October 2003, the first China-made BMW 325i sedan rolled off a new… Continue reading How parent of BMW’s China partner drove to the brink of bankruptcy By – Up News Info

Bosch Service Solutions to invest in U.S. startup Sfara

Bosch Service Solutions is a leading global supplier of business process outsourcing for complex business processes and services. Using the latest technology and the internet of things, the Bosch division develops integrated and innovative service solutions in the areas of mobility, monitoring, and customer experience. Around 9,500 associates at 25 locations support national and international… Continue reading Bosch Service Solutions to invest in U.S. startup Sfara

@GM: General Motors Signs MoU with Nikola to Supply Hydrotec Fuel Cell Systems November 30, 2020

Global supply agreement focused on GM’s Hydrotec fuel cell system for Nikola’s Class 7/8 trucks Non-binding MoU replaces previous transaction announced Sept. 8, 2020 DETROIT – General Motors Co. (NYSE: GM) today announced it has signed a non-binding memorandum of understanding with Nikola Corporation for a global supply agreement to provide its Hydrotec fuel cell… Continue reading @GM: General Motors Signs MoU with Nikola to Supply Hydrotec Fuel Cell Systems November 30, 2020

@VW Group: Volkswagen Group commences climate-friendly MEB production at Foshan and Anting plants

Volkswagen Group has entered a new era of e-mobility in China with the premiere just three weeks ago of the first two China-specific models from the completely new, electric-only ID. family – FAW-Volkswagen’s ID.4 CROZZ and SAIC VOLKSWAGEN’s ID.4 X – built on the innovative MEB platform. With market entry in early 2021, production of… Continue reading @VW Group: Volkswagen Group commences climate-friendly MEB production at Foshan and Anting plants

@VW Group: Volkswagen commissions green battery logistics system for ID.3(((ID.3 – combined power consumption in kWh/100 km (NEDC): 15.4-14.5, CO2 emissions in g/km: 0; efficiency class: A+.))) and ID.4(((ID.4 – Power consumption (NEDC) in kWh/100 km: combined 16.9-16.2; CO₂ emissions combined in g/km: 0; efficiency class: A+.)))

The Volkswagen Group is making battery shipment for its ID.3 and ID.4 electric vehicles even more environmentally compatible and efficient. At the Zwickau plant today, the final link in a green logistics chain extending from Poland via Brunswick to the plant in Saxony was commissioned. This is a fully automated system for unloading batteries from… Continue reading @VW Group: Volkswagen commissions green battery logistics system for ID.3(((ID.3 – combined power consumption in kWh/100 km (NEDC): 15.4-14.5, CO2 emissions in g/km: 0; efficiency class: A+.))) and ID.4(((ID.4 – Power consumption (NEDC) in kWh/100 km: combined 16.9-16.2; CO₂ emissions combined in g/km: 0; efficiency class: A+.)))

@VW Group: Audi to compete in Dakar Rally

Audi is facing one of the greatest challenges in motorsport: The brand with the four rings will be competing in the famous Dakar Rally for the first time in 2022 with an innovative prototype. The alternative drive concept combines an electric drivetrain with a high-voltage battery and a highly efficient energy converter for the first… Continue reading @VW Group: Audi to compete in Dakar Rally