Buying JLR for 9 billion pounds ($11.2 billion) could add 20% to BMW’s earnings By Anurag Kotoky We need to talk about Jaguar Land Rover. That’s the message from Sanford C. Bernstein analysts, who say BMW AG should buy the British luxury brand from India’s Tata Motors Ltd. “BMW is overcapitalised and awash with cash.… Continue reading BMW should buy Jaguar Land Rover from Tata Group, Bernstein says
Tag: Strategy
Change of strategy: BMW discontinues electric car i3
The electric car BMW i3 will not get a successor. This has the marketing director of the manufacturer, Pieter Nota opposite the Financial Times announced. Instead, want BMW offer other models of the group as pure battery cars or plug-in hybrids. “There is no concrete plan for an i3 successor,” Nota told The Financial Times.… Continue reading Change of strategy: BMW discontinues electric car i3
Nissan and EDF Group partners to accelerate Electric Vehicle adoption and grid integration across Europe
2019/09/18 Nissan and EDF Group have signed a cooperation agreement to accelerate the delivery of electric mobility together – particularly through the smart charging of electric vehicles. This agreement applies to the United Kingdom, France, Belgium and Italy. The cooperation agreement focuses mainly on developing smart charging solutions (vehicle to grid, or V2G) by bringing… Continue reading Nissan and EDF Group partners to accelerate Electric Vehicle adoption and grid integration across Europe
BMW i3 To Die Off: Will Not Get A Successor
BMW i3 will share the fate of the BMW i8, which recently entered the last limited edition to mark the end of production. After it was officially confirmed that the production of BMW i8 will end after the final i8 Ultimate Sophisto edition, now BMW confirms rumors about no direct successor for the BMW i3.… Continue reading BMW i3 To Die Off: Will Not Get A Successor
Striving to Set the Bar in Autonomous Mobility
September 17, 2019 An Interview with Mark Rosekind, Chief Safety Innovation Officer at Zoox Mark R. Rosekind, Ph.D., Chief Safety Innovation Officer at Zoox, is a preeminent safety professional with more than 30 years of experience promoting innovation through science and leadership in complex environments. Mark joined Zoox after seven years of public service in… Continue reading Striving to Set the Bar in Autonomous Mobility
Ineos set to choose Bridgend to build new 4×4
Ineos Automotive has chosen Bridgend for the production of its new 4×4 vehicle, according to industry reports. Ford will close its plant in the town in 2020 with the loss of 1,700 jobs, but it is understood 500 new jobs could be created through Ineos. The firm has been looking at Bridgend and an unknown… Continue reading Ineos set to choose Bridgend to build new 4×4
Fair Closes $500 Million to Unlock Rideshare Supply and Scale Subscriptions
SANTA MONICA, Calif., Sept. 17, 2019 /PRNewswire/ — In a transaction designed to sharply scale its rapidly growing Uber partnership, vehicle subscription app Fair today announced a $500 million revolving credit facility led by Mizuho Bank that will allow drivers nationwide to access a rideshare-ready Fair car, regardless of credit. SoftBank Group Corp. (“SBG”) is among… Continue reading Fair Closes $500 Million to Unlock Rideshare Supply and Scale Subscriptions
News – ‘Future of the EU auto industry’ Summit brings together thought leaders on mobility transformation
The highly anticipated ‘Leading the mobility transformation: The future of the EU auto industry’ Summit organised by the European Automobile Manufacturers’ Association (ACEA) took place on Wednesday 4 September. More than 300 stakeholders in the field of mobility gathered in Brussels to discuss how the EU auto sector can take the global lead in the… Continue reading News – ‘Future of the EU auto industry’ Summit brings together thought leaders on mobility transformation
LEVC Presents Extended-Range EV TX Shuttle And LCV In Frankfurt
LEVC introduces Shuttle in Europe and hints at a light commercial van. The London EV Company (LEVC) was present at the 2019 Frankfurt Motor Show with its latest product, the TX Shuttle, which is basically the shuttle versions of the TX Taxi plug-in hybrid (series-hybrid configuration). Both versions are equipped with the same 31 kWh… Continue reading LEVC Presents Extended-Range EV TX Shuttle And LCV In Frankfurt
All-new Renault Captur: permanent connectivity and enriched services make mobility easier
Groupe Renault is pursuing its strategy of deploying permanent connectivity in its vehicles via an easy-to-use technology. Demonstration using four examples on the All-new Renault Captur. Thanks to the Renault EASY CONNECT ecosystem, the new urban SUV makes it easy to use connected mobility in its various guises. by Nicolas LE-BOUCHER The All-new Captur succeeds… Continue reading All-new Renault Captur: permanent connectivity and enriched services make mobility easier