LONDON (Reuters) – Fiat Chrysler shares jumped on Tuesday to the top of Europe’s STOXX 600 after the president of Peugeot family holding company FFP told French daily Les Echos he would support a new deal and suggested Fiat Chrysler was among the options. FILE PHOTO: Fiat Chrysler Automobiles logo is seen on a panel… Continue reading Fiat Chrysler revs up as Peugeot points to merger potential
Tag: Strategy
Volkswagen Brand China and FAW-Volkswagen establish new joint venture for connected services
New joint venture for connectivity and digitalization of Volkswagen models from FAW-Volkswagen Total investment of RMB 1 billion in new company Volkswagen China CEO Dr. Stephan Wöllenstein: “As we are starting to fully connect our models, so comes the opportunity to enrich our customers’ lives with high-quality digital services” Volkswagen Brand China and its Chinese… Continue reading Volkswagen Brand China and FAW-Volkswagen establish new joint venture for connected services
Groupe Renault announces appointments in Regions
In order to accelerate the Group transformation, boost the profitability of operations and develop growth in new markets, Groupe Renault announces the following appointments in its Regions. As of April 1, 2019: Philippe Buros, currently SVP Market Area France, is appointed chairman of the Europe Region. He reports to Olivier Murguet, EVP, Sales and… Continue reading Groupe Renault announces appointments in Regions
Electric car promotion: VW wants free charging for low-income
Volkswagen demands from the Federal Government a comprehensive catalog of measures to promote the electromobility, After all, the group has dedicated itself entirely to this topic. March 19, 2019, 8:54 am, Andreas Donath Volkswagen ID: Range of 400 to 600 km (Image: Volkswagen) Low-income earners should be financially supported in the purchase of an electric… Continue reading Electric car promotion: VW wants free charging for low-income
Hyundai and Kia Invest $300m in India’s Largest Mobility Service Provider Ola
Companies to collaborate on building unique fleet and jointly explore mobility solutions in global markets Strategic partnership also aims to develop EVs and charging infrastructure customized for Indian market Partnership to nurture micro-entrepreneurship opportunities by providing access to customized Hyundai and Kia vehicles as well as financing and insurance benefits for driver-partners Hyundai Motor Group… Continue reading Hyundai and Kia Invest $300m in India’s Largest Mobility Service Provider Ola
GM Cruise snags Dropbox HR head to hire at least 1,000 engineers by end of year
GM Cruise plans to hire hundreds of employees over the next nine months, doubling its engineering staff, TechCrunch has learned. It’s an aggressive move by the autonomous vehicle technology company to double its size as it pushes to deploy a robotaxi service by the end of the year. Arden Hoffman, who helped scale Dropbox, will… Continue reading GM Cruise snags Dropbox HR head to hire at least 1,000 engineers by end of year
Suzuki appoints new franchised dealership in Knutsford
Suzuki GB PLC has appointed Mangoletsi, one of the UK’s longest established and privately-owned automotive retailers, to operate its third franchised car dealership in Cheshire. Situated near Knutsford, Mangoletsi Suzuki will serve motorists in the core catchment areas of South Manchester, Stockport and Macclesfield. The site features an on-site workshop and smart repair facilities, which… Continue reading Suzuki appoints new franchised dealership in Knutsford
Workhorse Group Reports Fourth Quarter and Full Year 2018 Results
CINCINNATI, March 18, 2019 /PRNewswire/ — Workhorse Group Inc. (NASDAQ:WKHS) (“Workhorse” or “the Company”), an American technology company focused on providing sustainable and cost-effective electric-mobility solutions to the transportation sector, today reported financial results for the fourth quarter and full year ended December 31, 2018. Full Year 2018 and Recent Operational Highlights by Product Trucks… Continue reading Workhorse Group Reports Fourth Quarter and Full Year 2018 Results
GM considers options for its Lyft stake following IPO
DETROIT (Reuters) – As Lyft Inc cruises toward an initial public offering this month, one of the big winners will be General Motors Co, whose stake in the ride-hailing firm could be worth as much as $1.27 billion. The GM logo is seen at the General Motors plant in Sao Jose dos Campos, Brazil, January… Continue reading GM considers options for its Lyft stake following IPO
BMW Group publishes Sustainable Value Report 2018.
Munich. The BMW Group made further progress in shaping sustainable mobility last year, as documented by its new Sustainable Value Report 2018. The report will be released on 20 March 2019 to coincide with publication of the company’s Annual Report 2018 and will also be available online from this date. It provides information on current… Continue reading BMW Group publishes Sustainable Value Report 2018.