– Revenue outperformance supported by strong year-on-year Power Electronics growth – Secured shareholder approval for transaction with BorgWarner; continue to target close in second half of 2020 LONDON, Aug. 5, 2020 /PRNewswire/ — Delphi Technologies PLC (NYSE: DLPH) (“Delphi Technologies” or the “Company”) today announced financial results for its second quarter 2020. Q2 2020 results Revenue OperatingIncome… Continue reading Delphi Technologies reports second quarter results
Tag: Strategy
Ford’s Farley rode iconic Ford brands, customer needs to CEO’s office
Jim Farley rose through the ranks to become Ford Motor Co.’s next CEO by understanding what the customer wants, leveraging the Blue Oval’s icons and learning from the successes of others, industry observers say. Farley, 58, will replace CEO Jim Hackett on Oct. 1, the company confirmed Tuesday, returning Ford’s top job to an industry veteran schooled at Toyota Motor… Continue reading Ford’s Farley rode iconic Ford brands, customer needs to CEO’s office
@VW Group: SEAT presents its strategy for the future to major suppliers in Spain
SEAT gathered 60 of its main suppliers in Spain and associations such as ANFAC (the Spanish Association of Car and Truck Manufacturers), Sernauto (the Spanish Association of Automotive Suppliers) and ACICAE and CIAC (automotive clusters in the Basque Country and Catalonia, respectively) today in a virtual meeting to present its strategy for the future. After… Continue reading @VW Group: SEAT presents its strategy for the future to major suppliers in Spain
@Daimler: High-volume battery supply supports “Electric First” strategy
Mercedes-Benz and CATL (Contemporary Amperex Technology Co., Limited) have today announced an enhanced partnership in the field of battery technology. Markus Schäfer, Member of the Board of Management of Daimler AG and Mercedes-Benz AG, responsible for Daimler Group Research and Mercedes-Benz Cars COO: “We intent to lead in battery technology, so we are now combining… Continue reading @Daimler: High-volume battery supply supports “Electric First” strategy
Mercedes-Benz and CATL as a major supplier team up for leadership in future battery technology
“We intend to lead in battery technologies, so we are now combining our own research and development expertise with bold partners. We will integrate cutting-edge battery systems to create luxury cars with outstanding range, charging speed, safety and sustainability. Working with CATL will see us accelerate our transformation towards carbon-neutrality,” said Markus Schäfer, Member of… Continue reading Mercedes-Benz and CATL as a major supplier team up for leadership in future battery technology
Electric vehicle charge network ChargePoint bags $127 million from investors
FILE PHOTO: An electric car is charged by a mobile charging station on a street in Prague, Czech Republic, December 4, 2018. Picture taken December 4, 2018. REUTERS/David W Cerny/File Photo (Reuters) – ChargePoint, one of the world’s oldest and largest electric vehicle charging networks, has closed on a $127 million funding round, much of… Continue reading Electric vehicle charge network ChargePoint bags $127 million from investors
@Daimler: 05. Aug 2020Electric First: Mercedes-Benz and CATL team up for leadership in future battery technology
August 05, 2020 – Mercedes-Benz and CATL have entered the next stage of their strategic partnership and will create cutting-edge battery technology in support of the high-volume electrification of the Mercedes-Benz model portfolio. Mercedes-Benz is accelerating its “Electric First” strategy with advanced, CO2-neutrally produced battery cells, modules and systems supplied by CATL (Contemporary Amperex Technology… Continue reading @Daimler: 05. Aug 2020Electric First: Mercedes-Benz and CATL team up for leadership in future battery technology
@Tata: Unconfirmed and unsubstantiated reports that have recently been published by some media on Tata Motors Passenger Vehicle stake sale and potential partners
Share 5 August, 2020 Unconfirmed and unsubstantiated reports that have recently been published by some media on Tata Motors Passenger Vehicle stake sale and potential partners In this context, Tata Motors clarifies that: All such published news about ‘Tata Motors to sell up to 49% stake in PV Business’ and the names of potential partners/investors… Continue reading @Tata: Unconfirmed and unsubstantiated reports that have recently been published by some media on Tata Motors Passenger Vehicle stake sale and potential partners
Elon Musk says it’s ‘highly likely’ Tesla will eventually create a smaller version of the Cybertruck (TSLA)
Tesla CEO Elon Musk said that it’s ‘highly likely’ Tesla will eventually create a smaller version of the Cybertruck. A smaller Cybertruck would likely appeal to the European market because there’s higher demand for smaller vehicles amid regulations around emissions and road width. Tesla is planning to produce the new Cybertruck at Gigafactory Austin by… Continue reading Elon Musk says it’s ‘highly likely’ Tesla will eventually create a smaller version of the Cybertruck (TSLA)
@Ford: Ford Announces Jim Hackett to Retire as President and CEO; Jim Farley to Succeed Hackett as Company Continues Transformation
Jim Hackett, who has led Ford Motor Company’s transformation since 2017 as president and CEO, has elected to retire from the company Jim Farley, currently chief operating officer, becomes president and CEO of Ford effective Oct. 1. He was also elected to the Ford board of directors. He will work closely with Jim Hackett on… Continue reading @Ford: Ford Announces Jim Hackett to Retire as President and CEO; Jim Farley to Succeed Hackett as Company Continues Transformation