Getty Images Sergio Marchionne, Chief Executive Officer, Fiat Chrysler Automobiles is viewed next to a Ferrari after ringing the Closing Bell on the floor of the New York Stock Exchange (NYSE) on October 13, 2014 in New York City. Friends and colleagues of Camilleri, who requested anonymity because they aren’t authorized to speak for him… Continue reading The future of Ferrari under the Marlboro man
Tag: Strategy
UBS predicts Tesla shares will drop 30% in 12 months, says company may need to seek outside capital
Tesla shares will fall significantly because the company will not be profitable in 2019, according to UBS.
Tech Mahindra Q1 Revenue up 13% YoY
Tech Mahindra Q1 Revenue up 13% YoY EBITDA up 45% and PAT up 12% YoYUSD Revenue grew 0.3% QoQ, in CC terms Mumbai, July 30, 2018: Tech Mahindra Ltd., a specialist in digital transformation, consulting and business reengineering today announced the audited consolidated financial results for its first quarter ended June 30, 2018. Financial highlights… Continue reading Tech Mahindra Q1 Revenue up 13% YoY
UBS predicts Tesla shares will drop 30% in 12 months as company likely to raise capital
Tesla shares will fall significantly because the company will not be profitable in 2019, according to UBS.
Audi will manufacture its electric motors in Hungary
Audi has officially started this week the production of electric motors in the Györ plant in Hungary with which it will supply its zero emissions models. Audi continues to take important steps when it comes to its electrical strategy. Recall that Audi launched its Action and Transformation Plan at the end of last year with… Continue reading Audi will manufacture its electric motors in Hungary
Daimler’s workers to defend jobs if tariffs force production shift
FRANKFURT (Reuters) – Daimler’s (DAIGn.DE) German workforce will seek to defend local jobs if the luxury carmaker attempts to shift some production to the United States in response to trade tariffs, supervisory board member Roman Zitzelsberger told Reuters. The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018.… Continue reading Daimler’s workers to defend jobs if tariffs force production shift
Daimler and Baidu to Enhance Strategic Cooperation in Automated Driving and Vehicle Connectivity
Daimler and Baidu signed a Memorandum of Understanding to expand partner-ship through the Apollo autonomous driving platform and to integrate Baidu’s vehicle connectivity services into Mercedes-Benz infotainment system MBUX. Dr. Dieter Zetsche: “Automated driving and connectivity are progressing at an unprecedented rate in China. Daimler and Baidu already enjoy a strong partnership in these two… Continue reading Daimler and Baidu to Enhance Strategic Cooperation in Automated Driving and Vehicle Connectivity
Telefónica and SEAT present the first use case of assisted driving via the mobile network in a real setting in Segovia
Telefónica and SEAT today have presented the first use case in Segovia within the framework of the 5G Technological Cities project by equipping a both a vehicle and road infrastructure with technology enabling the exchange of information, making it the first step towards V2X (Vehicle 2 everything) vehicular communication using existing mobile networks in a… Continue reading Telefónica and SEAT present the first use case of assisted driving via the mobile network in a real setting in Segovia
SEAT begins assembling the Arona and the Leon in Algeria to boost its globalisation strategy
SEAT continues to grow outside Europe. The company’s ambitious globalisation strategy is gaining new momentum with the final assembly of the Arona and the Leon in the plant owned by the Volkswagen Group and SOVAC, the Group’s importer in Algeria, in the city of Relizane, which is located 280 kilometres southwest of Algiers. Both models… Continue reading SEAT begins assembling the Arona and the Leon in Algeria to boost its globalisation strategy
FAURECIA INVESTS IN SUBPAC TO ACCELERATE THE DEVELOPMENT OF AN IMMERSIVE SOUND EXPERIENCE
Faurecia announces today an investment in the startup SUBPAC, reinforcing the Group’s ecosystem dedicated to a personalized, versatile and connected Cockpit of the Future. Based in Silicon Valley, SUBPAC has developed a hardware and software technology platform that provides a deeply immersive and customized music and media experience by silently transferring low frequencies directly to… Continue reading FAURECIA INVESTS IN SUBPAC TO ACCELERATE THE DEVELOPMENT OF AN IMMERSIVE SOUND EXPERIENCE