Boulogne-Billancourt, September 29, 2020 – Groupe Renault announces that François Provost is appointed SVP, International Development & Partnerships as of October 1st, 2020. He will report to Luca de Meo, Groupe Renault CEO. He also retains his position as Chairman of China Region, for which he reports to Denis Le Vot, EVP, Regions, Sales and… Continue reading @Renault: FRANÇOIS PROVOST IS APPOINTED SVP, INTERNATIONAL…000075
Tag: Strategy
UK Automotive launches Safe Harbour scheme to secure supply chain and save jobs
SMMT launches Safe Harbour Scheme to prevent insolvencies and save jobs across auto sector as it grapples with devastating effects of the coronavirus crisis. Industry initiative allows multiple companies to come together to support critical suppliers without falling foul of anti-competition rules. Scheme to help preserve UK’s automotive manufacturing capability and capacity and prevent further… Continue reading UK Automotive launches Safe Harbour scheme to secure supply chain and save jobs
@Groupe PSA: PR Groupe PSA announces the launch of Eurorepar product line in India000350
launches range of multi-brand, quality automotive products for Indian Independent Aftermarket Industry Signs sales & distribution agreement with O2O automobile aftermarket platform GoMechanic Groupe PSA, today announced the launch of Eurorepar range of multi-brand, high-quality aftermarket products, in India. PCA India, the local entity of Groupe PSA, signed a sales and distribution agreement with… Continue reading @Groupe PSA: PR Groupe PSA announces the launch of Eurorepar product line in India000350
Emissions crunch drives Volkswagen to overhaul its supercar strategy
WOLFSBURG, Germany (Reuters) – Volkswagen VOWG_p.DE is reviewing the future of its high-performance brands Lamborghini, Bugatti and Ducati as part of broader quest for more economies of scale as it shifts to mass producing electric cars, senior executives told Reuters. FILE PHOTO: A Bugatti Chiron sports car is driven on a road near Molsheim, France… Continue reading Emissions crunch drives Volkswagen to overhaul its supercar strategy
GM ‘continuing discussions’ with Nikola on alliance deal
By Ben Klayman 3 Min Read DETROIT (Reuters) – General Motors Co and Nikola Corp have not finalized their deal to jointly build electric pickup trucks and hydrogen fuel cell tractor-trailers, one day ahead of the date targeted, and are continuing discussions, GM said on Tuesday. U.S. Nikola’s logo is pictured at an event held… Continue reading GM ‘continuing discussions’ with Nikola on alliance deal
@Ford: Protecting Autonomous Vehicles Against Cyber Attacks with Summer Craze Fowler
By: Alex Roy via the No Parking Podcast Understanding the landscape of people, processes, information, technology, facilities, and external dependencies is fundamental to any security program, according to Argo AI CIO Summer Craze Fowler. She says that the complete picture allows for prioritization of resources reflective of company leadership and the organization’s overall appetite and tolerance… Continue reading @Ford: Protecting Autonomous Vehicles Against Cyber Attacks with Summer Craze Fowler
e-Trio raises $3 million in Series A funding to utilise fund for new product development
Hyderabad-based electric vehicle manufacturer and retrofit kit solution company e-Trio has raised $3 million (Rs 22 crore) in Series A round from HNI investors based out of Singapore. The group of investors is led by serial investor, Janardhan Rao, founder of Triumph Global Group, a Singapore head-quartered international commodity trading house with a consolidated revenue… Continue reading e-Trio raises $3 million in Series A funding to utilise fund for new product development
Luxury Ride targets 50 new showrooms in India by 2023
New Delhi-headquartered pre-owned, multi-brand luxury car showroom chain Luxury Ride has announced its plans to expand its network across-India. The company is targeting to open 50 new showrooms in India by 2023 and expand its footprints in Tier 2-3 cities. The multi-brand showroom company says it will open showrooms in Ludhiana, and Gurgaon by the… Continue reading Luxury Ride targets 50 new showrooms in India by 2023
Groupe PSA enters Indian aftermarket industry with Eurorepar
French major Groupe PSA is the latest entrant in the Indian aftermarket industry with the launch of its Eurorepar range of multi-brand, high-quality aftermarket products in India. The Eurorepar business is present in over 100 countries, but India is the first market where its entry precedes the launch of Groupe PSA’s first vehicle in India.… Continue reading Groupe PSA enters Indian aftermarket industry with Eurorepar
Shares of LG Chem rise after report of Tesla’s interest in battery unit
By Reuters Staff 3 Min Read SEOUL (Reuters) – Shares of LG Chem Ltd, which supplies batteries to Tesla Inc, climbed on Tuesday, after media said the U.S. electric vehicle maker was looking to acquire a stake in a battery unit the South Korean company wants to dispose of. FILE PHOTO: A Tesla logo is… Continue reading Shares of LG Chem rise after report of Tesla’s interest in battery unit