Tag: M and A

Editorial: Li Shufu, Dirk Notheis and their foray

All articles and backgrounds 04/19/2018 Editorial Li Shufu, Dirk Notheis and their foray David Maupile Steffen Klusmann, editor-in-chief of the manager magazin Dirk Notheis, ex-Germany boss of Morgan Stanley, was considered as burned, because he had served too much the stereotype of the greedy investment banker with the sales of the energy supplier EnBW to… Continue reading Editorial: Li Shufu, Dirk Notheis and their foray

Merkel agrees with Opel employees

The Opel owner Peugeot wants to cancel the Eisenach site, apparently half of the jobs. The Chancellor now promises help to the staff – and reminds the French of their promise to take over. Merkel in Bad Schmiedeberg Wednesday, 18.04.2018 17:55 clock After reports of cuts at Opel’s Eisenach site, German Chancellor Angela Merkel has… Continue reading Merkel agrees with Opel employees

Opel CEO says German costs twice those of other plants -source

HAMBURG (Reuters) – Some of Opel’s German plants cost twice as much to run as new French owner PSA Group’s (PEUP.PA) other factories, Opel’s chief executive told employees as the company tries to hammer out an effiency deal with labor leaders in return for investments. Opel CEO Michael Lohscheller attends a news conference in Ruesselsheim,… Continue reading Opel CEO says German costs twice those of other plants -source

Nissan introduces improved e-NV200 with higher-capacity battery

The updated electric commercial vehicle offers increased range, longer battery life and an enhanced Power Plug supply YOKOHAMA, Japan (April 19, 2018) – Nissan began taking orders today for its newly improved Nissan e-NV200 electric commercial vehicle, featuring a higher-capacity battery that offers longer range and battery life. Deliveries of the vehicle will begin in… Continue reading Nissan introduces improved e-NV200 with higher-capacity battery

Singapore taxi firm ComfortDelGro acquires London’s Dial-a-Cab for $1.7m

April 19, 2018 Singapore-headquartered ComfortDelGro has acquired London taxi circuit operator Dial-a-Cab for £1.2 million ($1.7 million) as part of its expansion in the United Kingdom. In a disclosure to the Singapore Exchange on Thursday, ComfortDelGro said the acquisition will be carried out by its wholly-owned subsidiary in the UK, CityFleet Networks Limited. The acquisition will… Continue reading Singapore taxi firm ComfortDelGro acquires London’s Dial-a-Cab for $1.7m

Chevy and Shell team up for in-dash fuel payment

General Motors offer convenient pay feature at Shell gas station. (Photo: General Motors) General Motors Co.’s shop-and-drive Marketplace app is rolling out a new feature in Chevrolet vehicles, offering the first in-dash fuel payment function in a partnership with Shell gas stations. The new service is available in the Shell widget, which is already featured… Continue reading Chevy and Shell team up for in-dash fuel payment

Via and Mobike offer industry-first rideshare + bikeshare bundle

WASHINGTON, April 18, 2018 /PRNewswire/ — Via and Mobike have teamed up to launch the first-ever multi-modal transportation bundle that includes both rideshare and­ bikeshare in a single subscription. A 4-week ViaPass will now include free Via rides plus unlimited access to Mobike’s network of dockless bikes for a low upfront fee. In honor of Earth… Continue reading Via and Mobike offer industry-first rideshare + bikeshare bundle

Hyperloop Transportation Technologies Moves Forward with First Commercial Hyperloop System in the UAE

PLAYA VISTA, Calif., April 18, 2018 /PRNewswire/ — (VIDEO/IMAGES) HyperloopTT and Aldar Properties sign an historic agreement for the world’s first commercial Hyperloop system of 10km in critical development area between Abu Dhabi and Dubai — Hyperloop Transportation Technologies (HyperloopTT) revealed today the signing of an agreement with Aldar Properties PJSC, the leading real estate… Continue reading Hyperloop Transportation Technologies Moves Forward with First Commercial Hyperloop System in the UAE