Media Advisory: Toyota to Reveal More of Its New Mobility Ecosystem Strategy at 2020 CES® – Toyota UK Media Site Toyota will be providing additional information pertaining to its new mobility ecosystem strategy at the 2020 CES® show. A press conference from the event will be live-streamed on Vimeo on 6th January 2020 at 1… Continue reading @Toyota: Media Advisory: Toyota to Reveal More of Its New Mobility Ecosystem Strategy at 2020 CES®
Tag: Strategy
Indian automaker Mahindra unveils top management reshuffle
MUMBAI (NewsRise) — Mahindra and Mahindra unveiled a top-level management reshuffle, aimed at grooming the next level of leadership that will have its task cut out: steer the company out of one of the worst-ever downturns gripping the Indian automobile market. Pawan Goenka, who is currently the managing director, has been given the additional responsibility… Continue reading Indian automaker Mahindra unveils top management reshuffle
HERE Technologies welcomes Mitsubishi Corporation and NTT as new investors
• Companies to co-invest, taking 30% ownership stake in HERE• Broadened shareholder structure will support HERE’s ambitions to accelerate growth in new industries and markets• HERE to explore further strategic opportunities with MC and NTTDecember 20, 2019Amsterdam – HERE Technologies today announced that Mitsubishi Corporation (MC) and Nippon Telegraph and Telephone Corporation (NTT) of Japan… Continue reading HERE Technologies welcomes Mitsubishi Corporation and NTT as new investors
Eaton Completes the Acquisition of Souriau-Sunbank Connection Technologies
Power management company Eaton Corporation plc (NYSE:ETN) today announced it has completed the acquisition of the Souriau-Sunbank Connection Technologies business of TransDigm Group Incorporated for $920 million. Headquartered in Versailles, France, Souriau-Sunbank is a global leader in highly engineered electrical interconnect solutions for harsh environments for customers in the aerospace, defense, industrial, energy, and transport… Continue reading Eaton Completes the Acquisition of Souriau-Sunbank Connection Technologies
Mahindra & Mahindra reveals top management succession plans, Dr Pawan Goenka to be succeeded by Dr Anish Shah in April 2021
Mahindra & Mahindra has completed a structured and rigorous review of top management succession, in view of the fact that over the next 15 months, a number of key leaders at the automaker will be retiring. The review by the company’s Governance, Nomination & Remuneration Committee (GNRC) has been ratified by the Board of Directors. With effect from… Continue reading Mahindra & Mahindra reveals top management succession plans, Dr Pawan Goenka to be succeeded by Dr Anish Shah in April 2021
@BMW: ROLLS-ROYCE ANNOUNCES NEW DIRECTOR OF FINANCE
Rolls-Royce Motor Cars has announced that Dr. Timo Poser has been appointed as Director of Finance, effective from 1 February 2020. Poser is an exceptionally experienced financial expert, having spent almost 20 years with the BMW Group. He has served in a number of roles around the world, including: CFO, BMW China Trading Ltd., Beijing;… Continue reading @BMW: ROLLS-ROYCE ANNOUNCES NEW DIRECTOR OF FINANCE
MARELLI FURTHER STRENGTHENS ADVISORY BOARD THROUGH NEW APPOINTMENT
Following the creation of its external advisory board in October this year, leading automotive supplier, MARELLI, today announced that Dr. Jan Becker will become the second market expert to join the Advisory Board. Dr. Becker has over 20 years’ experience in vehicle automation and is currently CEO and Co-Founder of Apex.AI, Inc., which offers safe… Continue reading MARELLI FURTHER STRENGTHENS ADVISORY BOARD THROUGH NEW APPOINTMENT
Tupy acquires Teksid´s cast iron components business from Fiat Chrysler Automobiles
Deal will allow Companies to provide better solutions to their clients through world-class practices in manufacturing and R&D, enhancing Tupy’s presence in strategic segments of the global capital goods industry and expanding the growth potential for machining and engineering services JOINVILLE, Brazil, Dec. 20, 2019 /CNW/ – Tupy S.A. (“Tupy”), a Brazilian-based supplier dedicated to… Continue reading Tupy acquires Teksid´s cast iron components business from Fiat Chrysler Automobiles
China’s Great Wall revs up for India as rivals hit the brakes
NEW DELHI (Reuters) – Chinese automakers Great Wall Motor (601633.SS) and Changan Automobile (000625.SZ) are accelerating plans to build cars in India after the initial success of rival SAIC Motor (600104.SS) in one of the world’s biggest markets, three sources said. FILE PHOTO: A picture shows the emblem of the Changan automobile maker at the… Continue reading China’s Great Wall revs up for India as rivals hit the brakes
@VW Group: Volkswagen making good headway with transformation
The Volkswagen brand will be launching 34 new models worldwide next year, including twelve SUVs and eight electric or hybrid vehicles. Volkswagen COO Ralf Brandstätter commented: “We are at the beginning of a new era. We mean business with e-mobility. The brand will be investing €19 billion in future technologies through 2024, €11 billion alone… Continue reading @VW Group: Volkswagen making good headway with transformation