Thomas Dose, managing director, BMW Plant Chennai with the BS VI diesel BMW 5 Series. BMW India has begun local production of BS VI-compliant cars at its plant in Chennai, ahead of the April 1, 2020 deadline. The luxury carmaker says it is offering BS VI variants across its entire product range. While the complete… Continue reading BMW India kicks off BS VI production at Chennai plant
Tag: Strategy
Pentagon acquires Sytner’s Seat dealership in Huddersfield
Pentagon Motor Group has continued its 2019 car dealer network expansion by completing the acquisition of Sytner Group’s Seat UK franchised location in Huddersfield. The AM100 retail group, which was acquired by the vehicle division of Imperial Holdings SA, the Motus Corporation, back in August 2017, has followed its addition of three Ford sites, a Vauxhall dealership and… Continue reading Pentagon acquires Sytner’s Seat dealership in Huddersfield
Press: ZF and Wolong Electric Plan Joint Venture for Production of Electric Motors and Components
“The partnership with Wolong, a key player of electric motors and components in the Chinese market, is a great next step in further strengthening our electric mobility strategy. With the joint venture we extend our value chain for electric motors to include sub-components and it gives us even better access to customers and suppliers in… Continue reading Press: ZF and Wolong Electric Plan Joint Venture for Production of Electric Motors and Components
Inside Lyft’s deal with Gett, which will see 99 engineers in Belarus move to Lyft and roughly 100 US employees laid off (LYFT)
Lyft on Monday announced a deal with Europe’s Gett. At the same time, Gett announced the shuttering of its ride-hailing business Juno, a small but fiercely loved competitor in New York. Ninety-nine members of the engineering and tech team in Belarus will join Lyft as part of the agreement, but another roughly 100 support and… Continue reading Inside Lyft’s deal with Gett, which will see 99 engineers in Belarus move to Lyft and roughly 100 US employees laid off (LYFT)
Karma’s new electric hinge-winged hypercar concept goes 0 to 60 mph in 1.9 seconds
Karma Automotive took the wraps off Tuesday of a new electric concept car called the SC2 that produces a heart-thumping 1,100 horsepower and can travel from 0 to 60 miles per hour in 1.9 seconds. The concept is a showpiece and an integral part of the Chinese-backed California-based startup’s new strategy to become a technology… Continue reading Karma’s new electric hinge-winged hypercar concept goes 0 to 60 mph in 1.9 seconds
Karma Automotive unveils its faster next act, the Revero GTS
Karma Automotive’s second act is a gasoline-electric luxury vehicle that aims to deliver more performance and tech inside a sleek and sporty $149,950 package. The 2020 Revero GTS unveiled Tuesday during AutoMobility LA, the press and trade days of LA Auto Show, shares some of the same bits as its sibling Revero GT. Both vehicles… Continue reading Karma Automotive unveils its faster next act, the Revero GTS
Aptiv Completes Acquisition of gabocom
DUBLIN, Nov. 19, 2019 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company enabling the future of mobility, announced today it completed the acquisition of gabo Systemtechnik GmbH (“gabocom”) from Bregal Unternehmerkapital. Based in Germany, gabocom is a leading provider of highly-engineered, high-quality cable management and protection solutions for the telecommunications industry. Going forward, gabocom… Continue reading Aptiv Completes Acquisition of gabocom
SoftBank Robotics launches a $499 monthly robotic vacuum service
Softbank Robotics Must-see offers Whiz, the latest vacuum from SoftBank Robotics isn’t nearly as charming as Pepper or its tiny counterpart NAO, but it’s certainly more practical. Today in Las Vegas at the ISSA trade show for the Worldwide Cleaning Industry Association, SoftBank Robotics America (SBRA) and ICE Robotics introduced Whiz to the North American… Continue reading SoftBank Robotics launches a $499 monthly robotic vacuum service
KARMA GROUP UNVEILS GROWING BUSINESS STRATEGY AT AUTOMOBILITY LA, DEBUTS NEW PRODUCTS, AND TECH-FOCUSED ECOSYSTEM TO DRIVE ITS CONTINUED GROWTH
VIEW ALL () x Nov 19,2019 Karma Group Assigns Five Dedicated Business Units to Grow Business and Brand Value Beyond Retail Sales Alone Performance Oriented Revero GTS On Sale Q1 2020; SC2 Concept Previews Future Karma Design Direction Karma Demonstrates EREV Conversion Opportunities in Larger Vehicle Platforms LOS ANGELES (Nov. 19, 2019) – Karma… Continue reading KARMA GROUP UNVEILS GROWING BUSINESS STRATEGY AT AUTOMOBILITY LA, DEBUTS NEW PRODUCTS, AND TECH-FOCUSED ECOSYSTEM TO DRIVE ITS CONTINUED GROWTH
ZF and China’s Wolong Electric to set up JV for electric motors and components
L-R: Wu Jianbo, CFO of Wolong Electric Group; Chen Jiancheng, chairman of Wolong Electric; Jörg Grotendorst, Head of ZF’s E-Mobility Division; and Dr Ye Guohong, VP, Head of E-Mobility Asia Pacific. ZF Friedrichshafen and China’s Wolong Electric Group are stepping up their existing cooperation. The two companies are to set up a joint venture to manufacture components and electric motors for… Continue reading ZF and China’s Wolong Electric to set up JV for electric motors and components