The production version of the iNEXT will be produced in Dingolfing, Germany, which requires a €400 million investment. BMW announced a major investment of around €400 million ($443 million) in its largest European production location in Dingolfing, Germany to handle all-electric cars and “autonomous” (called also “highly automated”) models, starting from 2021. The Dingolfing site was… Continue reading BMW Invests €400 Million In Dingolfing Plant To Produce iNEXT
Tag: Strategy
Lucid Motors Marks Official Start Of Construction Of Its Plant
Through an investment of more than $300 million, Lucid should be able to start production within a year from now. Lucid Motors, accompanied by Arizona Governor Doug Ducey, announced the start of construction of its electric vehicle manufacturing facility in Casa Grande. The first phase of the factory construction is scheduled for completion in late 2020… Continue reading Lucid Motors Marks Official Start Of Construction Of Its Plant
MAHLE Aftermarket nearing completion of acquisition of thermal management business – Trucks, Parts, Service
MAHLE Aftermarket announced Monday that its integration of BEHR Hella Service (BHS) is proceeding on schedule and the transition will be completed on Jan. 1, 2020. According to the company, the transfer enables BHS customers to order the complete catalog of MAHLE Aftermarket components, and will give MAHLE customers access to a broad portfolio of… Continue reading MAHLE Aftermarket nearing completion of acquisition of thermal management business – Trucks, Parts, Service
Glyn Hopkin group rolls out new pricing platform to dealerships
Glyn Hopkin has implemented Indicata’s real time pricing platform across its network. All 35 dealerships and 13 franchises will use Indicata after it was successfully piloted first within its Honda franchise and then across its Nissan dealer business. Glyn Hopkin has recently begun to sell used cars online and will use the platform to price… Continue reading Glyn Hopkin group rolls out new pricing platform to dealerships
Manuli realizes offices in the “Hidden Forest”
architecture 80 million project in Milan near the Central Station. Ten floors with an eco-friendly façade on a green area of 800 square meters by Paola Dezza 2 December 2019 2 ‘of reading At the moment a long fence hides the construction site. But here by 2021 a new office building will be built, designed… Continue reading Manuli realizes offices in the “Hidden Forest”
Sono Motors Delays Sion, Launches Funding Campaign
€50 million ($55 million) has to be secured by the end of this year. Sono Motors announced today a community funding campaign to raise some €50 million ($55 million) within 30 days and basically stay in business. The German start-up planned to introduce its solar-powered Sono Sion electric car on the market in the second… Continue reading Sono Motors Delays Sion, Launches Funding Campaign
Nissan chief says new models, not discounts, key to revival
YOKOHAMA — Makoto Uchida, the new CEO of Nissan Motor, promised a re-invigorated alliance with Renault, an end to the short-term pursuit of profits, and an embrace of what he called his three core values of “respect, transparency and trust” as he took charge of the troubled Japanese carmaker. “The alliance with Renault is an important… Continue reading Nissan chief says new models, not discounts, key to revival
Lucid Motors breaks ground on its $700 million Arizona factory
Lucid Motors today is breaking ground on its manufacturing facility. Located in Casa Grande, Arizona, the factory will be used to build the Lucid Motor Lucid Air electric sedan. According to the company, production will begin in late 2020. This groundbreaking is the latest step taken by Lucid Motor towards getting the Lucid Air on… Continue reading Lucid Motors breaks ground on its $700 million Arizona factory
Reinventing the relationship between workers and tech
Rachel Kornberg Contributor Rachel Korberg is a program officer with the Ford Foundation’s Future of Work(ers) initiative, which seeks to build a more just and inclusive future for workers in our rapidly changing economy. A young father and kitchen worker in Pittsburgh was thrilled to get a job with a big restaurant chain that paid… Continue reading Reinventing the relationship between workers and tech
‘New products, tech, Nissan Intelligent Mobility a blueprint for our future’: CEO Makoto Uchida
Nissan CEO Makoto Uchida: “Nissan has always pursued technological excellence and has embraced diverse opinions without sticking too much to a specific set of values.” Japanese carmaker Nissan Motor Corp has been battling a slew of growth- and brand-impacting events in the recent past. The company’s management and its pact with Alliance partners have been in… Continue reading ‘New products, tech, Nissan Intelligent Mobility a blueprint for our future’: CEO Makoto Uchida