The divestment plans are critical for the parent of Jaguar Land Rover (JLR) Automotive Plc, which saw its net consolidated debt soar to ₹68,000 crore as of 31 July from ₹48,000 crore as of 31 March following extensive cash burn due to disruptions from the coronavirus outbreak. “Tata Motors has resumed talks with multiple stakeholders for potential equity stake… Continue reading Tata Motors looks to sell stakes in two units as part of plan to turn debt-free
Tag: M and A
Waymo’s head of lidar explains how the advanced laser tech went from science fiction to being a vital tool for self-driving cars (GOOGL)
Simon Verghese is head of lidar at Waymo, Alphabet’s self-driving vehicle startup. Verghese has a doctorate from Berkeley and a background in physics, and he was working at an MIT national lab when Waymo convinced him to return to the Bay Area after more than 20 years on the East coast. Verghese spends his time… Continue reading Waymo’s head of lidar explains how the advanced laser tech went from science fiction to being a vital tool for self-driving cars (GOOGL)
Andreessen Horowitz’s a16z podcast: Here’s what execs who led growth at Uber and HubSpot say tech entrepreneurs should focus on over the next two years to be successful
The following is a transcript from the a16z podcast, created by Silicon Valley venture capital firm Andreessen Horowitz, which explores tech, innovation, culture trends, news, and the future. In this episode, host Lauren Murrow speaks with Andrew Chen, general partner at a16z who previously led the growth team at Uber, and Brian Balfour, the former VP… Continue reading Andreessen Horowitz’s a16z podcast: Here’s what execs who led growth at Uber and HubSpot say tech entrepreneurs should focus on over the next two years to be successful
Exclusive: Tesla in talks to buy low carbon nickel from Canada – sources
By Pratima Desai 5 Min Read LONDON (Reuters) – Tesla is in discussions with Canadian miner Giga Metals about helping to develop a large mine that would give the electric carmaker access to low carbon nickel for its batteries, three sources familiar with the matter said. FILE PHOTO: The company logo of Tesla cars is… Continue reading Exclusive: Tesla in talks to buy low carbon nickel from Canada – sources
German Handelsblatt: Car manufacturer: Daimler defends itself against judgment in patent dispute with Sharp000283
Daimler Daimler is of the opinion that the use of patents cannot be denied if its suppliers pay for a corresponding license. (Photo: obs) Tokyo, Stuttgart Daimler has to defend itself again against the allegation of patent infringement. The Japanese Apple supplier Sharp announced on Friday that the Munich Regional Court had ruled that the… Continue reading German Handelsblatt: Car manufacturer: Daimler defends itself against judgment in patent dispute with Sharp000283
SpotHero To Buy Rover Parking To Expand in Canada
SpotHero, a Chicago, IL-based digital parking leader in North America, is to acquire Rover Parking, a consumer parking app in Canada. The amount of the deal – expected to close in the fourth quarter of 2020 – was not disclosed. This acquisition accelerates SpotHero’s market leadership position in North America, gaining access to thousands of… Continue reading SpotHero To Buy Rover Parking To Expand in Canada
@VW Group: TRATON increases offer for common shares of Navistar to USD 43.00
Today TRATON SE (“TRATON”), one of the world’s largest commercial vehicle manufacturers, increased its offer for all outstanding shares of common stock of Navistar International Corporation (“Navistar”) (NYSE: NAV) not already owned by TRATON to USD 43.00 per share in cash. The increased offer represents a 23% increase from the USD 35.00 per Navistar share… Continue reading @VW Group: TRATON increases offer for common shares of Navistar to USD 43.00
@VW Group: E-mobility forerunner Volkswagen ensures greater transparency in procurement of battery raw materials
As a forerunner of e-mobility, the Volkswagen Group is ensuring greater transparency and responsibility in its raw material supply chains for batteries. To that end, the company has entered a strategic partnership with RCS Global, an agency specializing in supply chain analysis. The focus is on auditing suppliers for conformance with human rights, safe working… Continue reading @VW Group: E-mobility forerunner Volkswagen ensures greater transparency in procurement of battery raw materials
@Toyota: Shell, Toyota and Honda Plan Expansion of Hydrogen Refueling Network in California
About Shell Hydrogen Shell Hydrogen is helping to build the infrastructure needed for hydrogen to grow as a transport fuel. For example, we are part of joint ventures and alliances that have built hydrogen filling stations for passenger cars in the USA (California), Canada, Germany and the UK and announced plans to build several stations… Continue reading @Toyota: Shell, Toyota and Honda Plan Expansion of Hydrogen Refueling Network in California
@Groupe PSA: PR Opel and Partners Start Their Ninth Football Season in Succession000228
Premier League: Opel brand ambassador Jürgen Klopp chases another title Bundesliga: Borussia Dortmund eyes the German championship Online platforms: BVB stars on the road with electric Opel models and quiz taxis OPEL ARENA: 1. FSV Mainz 05 at home this Friday in DFB Cup Rüsselsheim. The football season is here again! For Opel brand ambassador,… Continue reading @Groupe PSA: PR Opel and Partners Start Their Ninth Football Season in Succession000228