04. Nov 2019Daimler launches new corporate structure

November 04, 2019 – We have launched our new corporate structure as planned on November 1, 2019. The separation of the car and van and the truck and bus businesses to two new subsidiaries took effect at the end of October with their respective entries in the commercial register. Three legally independent stock corporations now… Continue reading 04. Nov 2019Daimler launches new corporate structure

Lotus Engineering set to expand with new leadership

Lotus Engineering, the division that acts as an engineering consultant for third-party clients, is set to be expanded under new leadership. Boss Miguel Fragoso has begun reinvigorating the division, with a new commercial director appointed. Fragoso has kept a team “working on the areas instrumental in maintaining our capability”, such as advanced structures, dynamics, propulsion… Continue reading Lotus Engineering set to expand with new leadership

Daimler launches new corporate structure

STUTTGART, Germany, Nov. 4, 2019 /PRNewswire/ — Daimler Group comprising parent company and three operating subsidiaries Increased customer focus and agility with Mercedes-Benz AG, Daimler Truck AG and Daimler Mobility AG Daimler AG continues to be the only listed company Ola Källenius, Chairman of the Board of Management of Daimler AG and Mercedes-Benz AG: “Our… Continue reading Daimler launches new corporate structure

Groupe PSA: #aCoffeeWithCarlosTavares Meeting n°6: Autonomy – Interview with Luc Julia – Business Wire

RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG): Excerpts: Luc Julia: “I doubt that the autonomous vehicle at level 5 will ever exist, because the level of attention of a human driver will never be reached by a machine. For example, an autonomous vehicle located in Paris Place de l’Etoile at 6 p.m. will not move… Continue reading Groupe PSA: #aCoffeeWithCarlosTavares Meeting n°6: Autonomy – Interview with Luc Julia – Business Wire

For Comau the sale is closer. The node is the evaluation

Servicethe other shipyards of Fca With Iveco and Teksid it is at the center of a strategy that foresees the unbundling. In the past, the three companies of the Exor galaxy have been the subject of attention from possible buyers, especially from Asia by Carlo Festa November 2, 2019 (Armando Dadi / AGF) 2 ‘of… Continue reading For Comau the sale is closer. The node is the evaluation

PSA-Fiat Chrysler: a belly dance that lasted for months

Code names: “Stella” for PSA, “Paris” for Fiat Chrysler. The Announcements announced Thursday In the early morning, there was serious backstage since the beginning of October. It was at this point that the two groups, who had been looking around for months – if not years – foresaw that the possibility of a “deal” was… Continue reading PSA-Fiat Chrysler: a belly dance that lasted for months

Robert Bosch Venture Capital invests in Quantum Computing Startup IonQ

About RBVC GmbH Robert Bosch Venture Capital GmbH (RBVC) is the corporate venture capital company of the Bosch Group, a leading global supplier of technology and services. RBVC invests worldwide in innovative start-up companies at all stages of their development. Its investment activities focus on technology companies working in areas of business of current and… Continue reading Robert Bosch Venture Capital invests in Quantum Computing Startup IonQ

Nidec and GAC Components Complete Establishment of Joint Venture for Automotive Traction Motors

KYOTO, Japan, Nov. 01, 2019 (GLOBE NEWSWIRE) — As announced on August 1, 2019, Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec”) and GAC Components Co., Ltd. have completed establishment of the joint venture that develops, manufactures and sells automotive traction motors. Profile of the joint venture is as follows.1.        Profile of the Joint Venture:*The… Continue reading Nidec and GAC Components Complete Establishment of Joint Venture for Automotive Traction Motors

Genesis Announces Record October Sales

“The positive sales momentum of the G70, G80 and G90 is a reflection of our efforts to bring attention to the Genesis brand,” said Mark Del Rosso, Chief Executive Officer, Genesis Motor North America. “In the coming months, we will sharpen our focus even further, as we plan to add new models to the Genesis… Continue reading Genesis Announces Record October Sales

DENSO Reinforces Commitment to Sustainable Mobility in Company Direction Update

KARIYA, Japan, Nov. 1, 2019 /PRNewswire/ — DENSO, the world’s second largest mobility supplier, today announced its second quarter (July-September) financial results for its fiscal year 2019, as well as updates in its business strategy to create and inspire new value for the future of mobility. As part of this strategy, or its ‘Second Founding,’ DENSO continues… Continue reading DENSO Reinforces Commitment to Sustainable Mobility in Company Direction Update