In November 2017, Mahindra Electric and Zoomcar launched 20 Mahindra e20 PLus EVs for hire by residents and visitors in Mysore. Mahindra & Mahindra (M&M) has announced that it is to invest in Zoomcar India and in Zoomcar Inc, its US incorporated holding parent company, in line with the automaker’s thrust on the shared mobility… Continue reading Mahindra & Mahindra to take 16 percent stake in Zoomcar
Tag: M and A
Roll Out with Lyft and Baltimore Bike Share
For nearly a decade, Lyft has been on a mission to improve people’s lives with the world’s best transportation. In Baltimore, this means working to provide city residents with access to multiple modes of transportation. That’s why we’re excited to announce the start of our three-year partnership with Baltimore Bike Share. We’ll be providing Baltimore… Continue reading Roll Out with Lyft and Baltimore Bike Share
Lyft’s Baltimore deal turns bike sharing stops into pickup points
Isaac Brekken/Getty Images for Lyft Uber isn’t the only ridesharing outfit with an interest in bike sharing. Lyft has formed a partnership with Baltimore Bike Share that will launch hybrid pickup points and bike sharing hubs across the Maryland city. The aim, of course, is to help you switch transportation methods with a minimum of… Continue reading Lyft’s Baltimore deal turns bike sharing stops into pickup points
Ford overhauls China operations: ‘Bear with us’
Peter Fleet, then the Vice President, Marketing, Sales and Service, Asia Pacific, Ford Motor Company, announces in April 2017 that the Ford Ranger midsize pickup will be available to Chinese customers in 2018. (Photo: Ford Motor Company) Ford Motor Co. is resetting its China operations, moving some workers back to the U.S. and hiring Chinese… Continue reading Ford overhauls China operations: ‘Bear with us’
All-electric Vauxhall Corsa will arrive in 2020
Vauxhall has confirmed that the next-generation Corsa – due next year – will feature a fully electrified variant, which will roll off production lines at the brand’s plant in Zaragoza, Spain, in 2020. PSA, which also owns Peugeot, Citroen and DS, took over Vauxhall and its German sister marque Opel in 2017. Late last year, the… Continue reading All-electric Vauxhall Corsa will arrive in 2020
SEAT enters in the carsharing sector with the acquisition of Respiro
With the purchase, SEAT takes a further step in its commitment to becoming a benchmark in future mobility
Opel Vauxhall Finance launches a strategic plan to support Opel/Vauxhall sales growth
• Opel Vauxhall Finance launches its strategic plan, 100 days after its acquisition through BNP Paribas and Groupe PSA• All initiatives are dedicated to support Opel/Vauxhall’s profitable growth• The aim is to finance every third Opel vehicle by 2020• The company will leverage competitive costs of funding and expertise of its shareholders BNP Paribas Personal… Continue reading Opel Vauxhall Finance launches a strategic plan to support Opel/Vauxhall sales growth
Honeywell Announces Darius Adamczyk To Assume Chairman Title In April 2018; Names Duncan B. Angove To Board Of Directors
— Board of Directors nominates Adamczyk to serve as both Chairman and CEO beginning after Honeywell’s Annual Shareowners Meeting on April 23– Single leader will help Honeywell navigate a period of significant portfolio change and drive a strategic shift toward becoming a software-industrial leader– Angove, who is President of Infor Inc. with more than two… Continue reading Honeywell Announces Darius Adamczyk To Assume Chairman Title In April 2018; Names Duncan B. Angove To Board Of Directors
2017: Strong growth and record results
Plastic Omnium once again achieved a record year.In 2017, we outperformed the global automotive market by nine points and posted growth across all operating regions. We successfully consolidated the businesses in 2016 and continued to improve our industrial performance.With our financial strength and confidence in our capacity to continue to develop our business and increase… Continue reading 2017: Strong growth and record results
Porsche and Audi developing shared architecture for electric cars
The joint electric offensive by Porsche and Audi was launched ten months ago. Now the premium manufacturers are deepening their development partnership and achieving concrete results. The goal of the cooperation, which will create a pioneering architecture called the Premium Platform Electric (PPE), is to shape the mobility of tomorrow together and to put future… Continue reading Porsche and Audi developing shared architecture for electric cars