“Bergmuseum”: Messner with Opel Vivaro-e and Zafira-e Life at “MMM Corones” Like a Sherpa: Messner relies on Opel Vivaro For nature’s sake: Messner impressed by emissions-free e-LCV Touring electrically: Opel Zafira-e Life as comfortable alpine shuttle Long-standing partnership: Messner and Opel continue their journey together Rüsselsheim. Just the right place for a very special summit… Continue reading @Groupe PSA: PR Alpine Summit: Reinhold Messner and the Electric Vans from Opel002256
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UPDATE 1-Car-sharing marketplace Turo files confidentially for U.S. IPO
By Sohini Podder, Niket Nishant 1 Min Read REUTERS/Mark Blinch (Reuters) – Daimler AG-backed car-sharing marketplace Turo Inc on Monday confidentially filed paperwork with regulators for an initial public offering in the United States. Turo is the latest to explore going public this year, after a string of debuts including SoftBank-backed Full Truck Alliance, electric-vehicle… Continue reading UPDATE 1-Car-sharing marketplace Turo files confidentially for U.S. IPO
Geely recharges Renault’s Chinese ambitions with hybrid tie-up
BEIJING — Volvo Car owner Geely will team up with the Renault group on hybrid vehicles in China and South Korea, in the latest European alliance for the largest private-sector Chinese automaker in the world’s biggest auto market. Zhejiang Geely Holding Group is expected to take a majority stake in a new joint venture under… Continue reading Geely recharges Renault’s Chinese ambitions with hybrid tie-up
World NM: Renault Samsung, Lynk & Co to develop eco-friendly car001442
Renault Samsung Motors Corp., the South Korean unit of Renault S.A., said Monday it will partner with Lynk & Co. to develop an environment friendly vehicle in the Korean market. Lynk & Co. is the automotive brand formed as a joint venture between Geely and Volvo in 2016. Renault Samsung badly needs a new model,… Continue reading World NM: Renault Samsung, Lynk & Co to develop eco-friendly car001442
Hella Suitors Near Last Round of $9 Billion Battle
(Bloomberg) — French automotive suppliers Faurecia SE and Cie Plastic Omnium SA are competing in the final bidding for a majority stake in German rival Hella GmbH, people with knowledge of the matter said. Hella’s founding Hueck family has asked for binding offers by Aug. 11 and could make a decision on a winner in… Continue reading Hella Suitors Near Last Round of $9 Billion Battle
The Station: An ADAS business bidding war, the gig worker fight heats up and Biden’s executive order
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Before… Continue reading The Station: An ADAS business bidding war, the gig worker fight heats up and Biden’s executive order
Workhorse is already redesigning its new electric van
Ohio-based startup Workhorse says it has to redesign its flagship electric van to meet customer needs, after finally getting the vehicle into production this past quarter following years of struggles. The company announced Monday morning that it needs to “revise the design [of] the vehicle” to increase the payload capacity, which has been reported to… Continue reading Workhorse is already redesigning its new electric van
MPC Container Ships ASA completes acquisition of Songa Container AS
OSLO, Norway, Aug. 9, 2021 /PRNewswire/ — MPC Container Ships ASA (“MPCC” or the “Company”) today announces that it has completed its acquisition of Songa Container AS (“Songa”) pursuant to the share purchase agreement to acquire 100% of the shares in Songa for a total value of USD 210.25 million on a debt and cash free… Continue reading MPC Container Ships ASA completes acquisition of Songa Container AS
Turo Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering
SAN FRANCISCO, Aug. 9, 2021 /PRNewswire/ — Today, Turo Inc. announced that it has confidentially submitted a draft Registration Statement on Form S-1 with the Securities and Exchange Commission (the “SEC”) relating to the proposed initial public offering of its common stock. The number of shares to be offered and the price range for the… Continue reading Turo Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering
DoveHill Capital Management Completes a $50 Million Note Acquisition on a Brooklyn Hotel
FORT LAUDERDALE, Fla., Aug. 9, 2021 /PRNewswire/ — DoveHill Capital Management, LLC, (“DoveHill”) a vertically integrated hospitality investment firm and development organization, today announces its recent $50 million performing note acquisition on a brand new irreplaceable lifestyle hotel in Brooklyn, New York. This is the seventh investment DoveHill has made since the beginning of the… Continue reading DoveHill Capital Management Completes a $50 Million Note Acquisition on a Brooklyn Hotel