Vantage Motor Group has acquired the Toyota and Lexus businesses of Charles Clark Motors in Wolverhampton for an undisclosed sum. Vantage, rated 59 in the Motor Trader Top 200 with annual revenues of £262m, already has Toyota centres close by in Tamworth, Solihull and Birmingham where it also has a Lexus dealership. Vantage, which is… Continue reading Vantage buys Toyota dealerships from Charles Clark Motors
Tag: Strategy
Powerful cash injection for US high-carat startup: VW’s self-driving partner Aurora sank 90 million
All articles and backgrounds 03/02/2018 Powerful cash injection for US high-car startup VW’s self-driving partner Aurora sank $ 90 million DPA Aurora co-founder Chris Urmson receives $ 90 million from investors for his robotic car startup Just a year old and already a heavyweight in the field of autonomous driving: This lightning start has the… Continue reading Powerful cash injection for US high-carat startup: VW’s self-driving partner Aurora sank 90 million
Subaru Corporation Announces Top Management Change
March 2, 2018 Tokyo, March 2, 2018 – Subaru Corporation resolved the following top management change at a Board of Directors meeting today. Under the new management structure to be run by its rejuvenated executive team, Subaru aims to build a solid structure for sustainable growth as a high quality company, while addressing the drastic… Continue reading Subaru Corporation Announces Top Management Change
Subaru Corporation Announces Organizational and Management Changes(Effective March 31, 2018 and April 1, 2018)
Tokyo, March 2, 2018 – Subaru Corporation today announced the following organizational and management changes. 1. Organizational Changes (Effective April 1, 2018) < Establishment of “Tadashii-Kaisha” Promotion Department >Tadashii-Kaisha: A company doing the right thing in the right way.This department plans and promotes company-wide efforts and activities that will lead to building a company that is… Continue reading Subaru Corporation Announces Organizational and Management Changes(Effective March 31, 2018 and April 1, 2018)
1 Mar 2018 Driveline GKN’s next-generation electric vehicle driveline now in prototype test phase
Integrated ‘eTwinsterX’ system on test in prototype vehicle at GKN Wintertest New eDrive system is an ‘all in one’ unit with torque vectoring capability and two-speed e-transmission Latest technology incorporates learnings from GKN’s family of pioneering Twinster systems Petrol-powered AWD SUV reengineered as a plug-in hybrid with pure electric drive mode Redditch, UK – 01… Continue reading 1 Mar 2018
Driveline
GKN’s next-generation electric vehicle driveline now in prototype test phase
FAURECIA COMPLETES PURCHASE OF HUG ENGINEERING
Faurecia today announced that it had completed the acquisition of 100% of the Swiss company Hug Engineering, a market leader in complete exhaust gas purification systems for high horsepower engines (above 750hp). These engines are used in applications including marine propulsion, power generation, rail, agricultural and other industries. This acquisition represents a major step forward… Continue reading FAURECIA COMPLETES PURCHASE OF HUG ENGINEERING
Withdrawal from joint venture: MAHLE plans to sell HBPO shares to Plastic Omnium
HBPO is specialized in the assembly, logistics, development, and design of front-end modules, consisting of bumpers, lighting systems, and cooling components. Assembly of front-end modules is not integral to MAHLE’s core business. MAHLE focuses on the development and production of cooling modules. The cooling modules installed in the front-end module are usually commissioned by the… Continue reading Withdrawal from joint venture: MAHLE plans to sell HBPO shares to Plastic Omnium
Nissan: Alliance accelerates convergence in key functions to support and deliver mid-term plan
Project leaders appointed to drive increased cooperation and new synergy opportunities as part of Alliance 2022 Highlights of the new project initiative include: Extended convergence in Purchasing, Engineering and Manufacturing & Supply Chain Two new converged functions in Quality & Total Customer Satisfaction as well as Aftersales Alliance organization strengthened with the creation of a… Continue reading Nissan: Alliance accelerates convergence in key functions to support and deliver mid-term plan
Daimler Mobility Services purchases Europcar Group’s 25% stake in car2go Europe GmbH
Daimler Mobility Services to hold 100% of car2go Europe after approval by the relevant authorities Daimler is poised to further expand its mobility portfolio car2go Group has more than 3 million users worldwide Stuttgart. Daimler Mobility Services announced today that it will acquire the 25 percent stake in car2go Europe GmbH from joint venture partner… Continue reading Daimler Mobility Services purchases Europcar Group’s 25% stake in car2go Europe GmbH
UK car industry must be at the heart of Brexit negotiations, say MPs
Automotive industry Investment and thousands of jobs could be lost in booming automotive sector, committee warns The BEIS parliamentary committee warns that car manufacturing in the UK could face frosty investment conditions after Brexit. Photograph: Ian Horrocks/Getty Images The UK government must put the car industry at the heart of Brexit negotiations or risk the… Continue reading UK car industry must be at the heart of Brexit negotiations, say MPs