Munich. As expected, BMW Group sales figures for the first six months of this year were impacted by the effects of the temporary closure of retail outlets worldwide. The company delivered a total of 962,575 (-23.0%) premium BMW, MINI and Rolls-Royce vehicles to customers worldwide in the first half-year. “We are following the development of… Continue reading @BMW: BMW Group increases sales of electrified vehicles in first half-year, despite COVID-19
Tag: Strategy
Ola partners PhonePe for digital payment solutions
Shared mobility service provider Ola has entered into a strategic partnership with PhonePe, a digital payment platform. With this integration, Ola users can will get seamless payment experience on the mobile app. Ola says this move is part of its commitment to continuously introduce convenient, reliable and innovative solutions to ease the mobility experience, while… Continue reading Ola partners PhonePe for digital payment solutions
@Hyundai: Kia launches ‘Live Stream Showroom’ to offer customers an innovative digital experience
Platform allows customers to discover design and features of Kia vehicles from comfort of their homes Live video sessions include one-on-one consultations and on-demand demonstrations Digital experience reinforces Kia’s commitment to customer value-led innovations under its ‘Plan S’ strategy Kia Motors Corporation has announced the launch of ‘Live Stream Showroom’, a new online platform that… Continue reading @Hyundai: Kia launches ‘Live Stream Showroom’ to offer customers an innovative digital experience
Volkswagen’s Emden Plant To Produce ID.4 And Other BEVs
Emden plant embarks on new era of e-mobility Conversion of plant into e-mobility location has started: work is in progress on new assembly hall for electric vehicles Investments in the plant total about €1 billion First all-electric compact SUV ID.4to be produced on the North Sea coast from 2022 Volkswagen CEO Ralf Brandstätter: “We are… Continue reading Volkswagen’s Emden Plant To Produce ID.4 And Other BEVs
The big winner of Uber’s $2.65 billion Postmates acquisition is Spark Capital, a small VC firm that’s enjoying a streak of hits in a gloomy 2020.
Spark Capital was one of the big winners when Uber announced its acquisition of restaurant service Postmates for $2.6 billion on Monday. The venture capital firm has invested in other major hitters in the startup world, including Slack, Plaid, and Mirror, the fitness tech startup that was sold to Lululemon for $500 million. It’s unclear… Continue reading The big winner of Uber’s $2.65 billion Postmates acquisition is Spark Capital, a small VC firm that’s enjoying a streak of hits in a gloomy 2020.
Ford’s Bronco SUV bucking to take on FCA’s Jeep
DETROIT (Reuters) – Ford Motor Co (F.N) on Monday rolled out the product and marketing strategy for its new family of Bronco SUVs designed to take a bite out of Fiat Chrysler Automobiles’ (FCHA.MI) (FCAU.N) profitable Jeep franchise. A lineup of 2021 Ford Broncos, along with the logo, are displayed in this computer-generated image obtained… Continue reading Ford’s Bronco SUV bucking to take on FCA’s Jeep
@Hyundai: World’s First Fuel Cell Heavy-Duty Truck, Hyundai XCIENT Fuel Cell, Heads to Europe for Commercial Use
• Hyundai Motor is shipping the first 10 units of XCIENT Fuel Cell, the world’s first fuel cell heavy-duty truck, to Switzerland• Hyundai will roll out 50 trucks this year and total of 1,600 units by 2025 • Powered by 190-kW hydrogen fuel cell system, XCIENT Fuel Cell can travel approximately 400 km on a… Continue reading @Hyundai: World’s First Fuel Cell Heavy-Duty Truck, Hyundai XCIENT Fuel Cell, Heads to Europe for Commercial Use
Wide range, deep customer understanding: Continental merges the special-purpose tire segment into a new business unit
Reorganization: special-purpose tires for commercial use, tires for two-wheeled vehicles, and racing tires are being combined into a new “Specialty Tires” business unit Management: Wolfgang Thomale is responsible for the new business unit Wolfgang Thomale is responsible for the Specialty Tires segment at Continental. Hanover, July 6, 2020. Technology company Continental is combining its global… Continue reading Wide range, deep customer understanding: Continental merges the special-purpose tire segment into a new business unit
@VW Group: Emden plant embarks on new || era of e-mobility
Even in the coronavirus crisis, the Volkswagen brand is consistently moving ahead with the changeover of its plants to e-mobility in line with its plans. The conversion of the Emden plant has already started and the first electric cars are to roll off the production line there from 2022. Ralf Brandstätter, CEO ofthe Volkswagen brand,… Continue reading @VW Group: Emden plant embarks on new || era of e-mobility
@VW Group: SEAT strengthens its commitment to diversity
SEAT is a company committed to people. In its endeavour to promote respect and diversity as an integrated value in the company’s daily activity, the carmaker has been promoting projects, processes, training and awareness-raising activities for years. Within this vision, Pride@SEAT has been born, an LGBT+ initiative (lesbian, gay, bisexual, transgender and other groups of… Continue reading @VW Group: SEAT strengthens its commitment to diversity