Prior to Renault India, Khullar has worked with Tata Motors for over six years as Head – Product Marketing where he was leading an 8 member team. NEW DELHI: French car manufacturers, Renault India‘s Vice President and Head Marketing Virat Khullar has resigned from his position to join as Director Marketing, Hyundai Motor India Limited,… Continue reading Renault’s Virat Khullar resigns to join Hyundai India
Tag: Strategy
GM Reports Earnings and Provides 2020 Outlook
DETROIT, Feb. 5, 2020 /PRNewswire/ — General Motors Co. (NYSE: GM) today reported solid 2019 full-year earnings that were heavily impacted by a work stoppage in the third and fourth quarters. However, underlying performance remained strong, driven by sales of GM’s all-new full-size pickups and the company’s ongoing cost actions. Full-year 2019 results: EPS-diluted of $4.57… Continue reading GM Reports Earnings and Provides 2020 Outlook
GWM kicks off India operations at Auto Expo 2020; to invest US$ 1 billion
China’s Great Wall Motors (GWM) which has ten R&D centres and nine manufacturing plants around the world is set to add another one into its kitty by the H2 of CY2020 with the takeover of GM’s existing plant in Talegaon, Maharashtra. The company officially kicked off operations in India by unveiling two SUV concepts at… Continue reading GWM kicks off India operations at Auto Expo 2020; to invest US$ 1 billion
Volkswagen India to pull the plug on diesel Polo and Vento, focus only on larger diesels
by Sumantra B Barooah & Ujal Nair. 05 Feb 2020 At the recent unveil of the new Creta-rival midsize SUV concept, the Taigun, Volkswagen shared its strategy for its future in India and explains why it’ll move out of the lower part of the diesel vehicle market from April 1, 2020. It’s not yet a… Continue reading Volkswagen India to pull the plug on diesel Polo and Vento, focus only on larger diesels
@Ford: Ford’s Q4, Full-Year Results in Europe, China Sharply Improve; Strategic Actions in 2019 Position Company for Long-Term Success
DEARBORN, Mich.–(BUSINESS WIRE)–Ford Motor Company (NYSE:F) today reported its 2019 fourth-quarter and full-year financial results. Click here or visit media.ford.com to view the news release. Visit shareholder.ford.com for the slide presentation and access the webcast to the Ford earnings call, which begins at 5 p.m. ET. The call will feature Jim Hackett, president and CEO;… Continue reading @Ford: Ford’s Q4, Full-Year Results in Europe, China Sharply Improve; Strategic Actions in 2019 Position Company for Long-Term Success
@Toyota: Mobility 54 invests in Sendy Limited – a logistics digital platformer in Africa- contributing to solve the social challenges in the African logistics industry –
2020-02-04 Mobility 54 Investment SAS (“Mobility 54”) – established in October 2019 under a group joint venture between Toyota Tsusho Corporation (“Toyota Tsusho”) and CFAO SAS (“CFAO”) – has decided to participate in the series B funding and to invest USD 7.6 million in Sendy Limited (“Sendy”) engaging in logistics digital platform services in Africa.… Continue reading @Toyota: Mobility 54 invests in Sendy Limited – a logistics digital platformer in Africa- contributing to solve the social challenges in the African logistics industry –
@Groupe PSA: EUROREPAR Car Service pursues and amplifies its international development
Eurorepar Car Service now counts over 5,000 garages worldwide The all-makes garage repair network pursues its international development and opened in Slovakia, Croatia, in the French Islands and in Panama during the last quarter of 2019. Groupe PSA all-makes garage repair network, recently awarded best independent network (Décision Atelier) in France for the second time… Continue reading @Groupe PSA: EUROREPAR Car Service pursues and amplifies its international development
ClearMetal Raises $15M in Funding
ClearMetal, a San Francisco, CA-based Continuous Delivery Experience (CDX) platform, received an additional $15m in funding. The round, which brought the total capital raised to date to more than $31m, was led by Eclipse Ventures, with participation from Prelude Ventures, Innovation Endeavors, NEA, SAP.io, Prologis, PSA Unboxed, DCLI, and the founders of GT Nexus, Navis,… Continue reading ClearMetal Raises $15M in Funding
ThunderSoft and Didi Chuxing Build Strategic Partnership Focusing on Intelligent Automotive Operating System
BEIJING, Feb. 4, 2020 /PRNewswire/ — ThunderSoft( SZ:300496 ), a world-leading operating system technology provider, and Didi Chuxing (“DiDi”) today announced strategic collaboration to jointly bring superior intelligent automotive operating system products and solutions for automotive manufacturers and Tier1 suppliers. This partnership will largely accelerate the development of Intelligent Connected Vehicle (ICV) with the support of… Continue reading ThunderSoft and Didi Chuxing Build Strategic Partnership Focusing on Intelligent Automotive Operating System
VW’s Skoda targets Indian revival with tougher safety, emission rules
NEW DELHI (Reuters) – Skoda is hoping government moves to drag regulations for cars sold in India up to developed market standards will help turn around its fortunes in a market where it has stalled. Skoda VISION IN car is on display after it was unvield at an event in New Delhi, India, February 3,… Continue reading VW’s Skoda targets Indian revival with tougher safety, emission rules