PARIS — French automaker Renault agrees with Nissan Motor to preserve the capital structure between the two companies for the time being, said Renault Chairman Jean-Dominique Senard, who stressed that capital changes are “the last thing on my mind.” In an interview with the Nikkei Asian Review, Senard said he wants to converge Renault’s technologies… Continue reading Renault’s Senard: Nissan capital change is ‘last thing on my mind’
Tag: M and A
Visteon Appoints Jerome Rouquet as Senior Vice President, Finance, and Chief Financial Officer
VAN BUREN TOWNSHIP, Mich., Dec. 19, 2019 (GLOBE NEWSWIRE) — Visteon Corporation (NASDAQ: VC), a global leader in vehicle cockpit electronics, today announced that Jerome Rouquet has been appointed senior vice president, finance, effective Jan. 21, 2020. Rouquet will become Visteon’s chief financial officer following the filing of the company’s fiscal 2019 financial statements with… Continue reading Visteon Appoints Jerome Rouquet as Senior Vice President, Finance, and Chief Financial Officer
HERE Technologies welcomes Mitsubishi Corporation and NTT as new investors
• Companies to co-invest, taking 30% ownership stake in HERE• Broadened shareholder structure will support HERE’s ambitions to accelerate growth in new industries and markets• HERE to explore further strategic opportunities with MC and NTTDecember 20, 2019Amsterdam – HERE Technologies today announced that Mitsubishi Corporation (MC) and Nippon Telegraph and Telephone Corporation (NTT) of Japan… Continue reading HERE Technologies welcomes Mitsubishi Corporation and NTT as new investors
Eaton Completes the Acquisition of Souriau-Sunbank Connection Technologies
Power management company Eaton Corporation plc (NYSE:ETN) today announced it has completed the acquisition of the Souriau-Sunbank Connection Technologies business of TransDigm Group Incorporated for $920 million. Headquartered in Versailles, France, Souriau-Sunbank is a global leader in highly engineered electrical interconnect solutions for harsh environments for customers in the aerospace, defense, industrial, energy, and transport… Continue reading Eaton Completes the Acquisition of Souriau-Sunbank Connection Technologies
LS Power to Acquire EVgo
NEW YORK and LOS ANGELES, Dec. 20, 2019 /PRNewswire/ — LS Power, a U.S. power and energy infrastructure owner, today announced that it has signed a definitive agreement to acquire EVgo from Vision Ridge Partners. EVgo is the nation’s largest and most reliable public fast charging network for electric vehicles (“EVs”) and will continue to operate as a… Continue reading LS Power to Acquire EVgo
Marshall buys Volvo Derby from Vertu Motors
Marshall Motor Holdings has today completed the takeover of the Derby Volvo franchise from Vertu Motors. It has relocated the business from Sir Frank Whittle Road to Stadium View at Derby’s Pride Park, in a side previously occupied by a Land Rover business before it was relocated by Inchcape. In a statement for customers, Marshall said: “Don’t worry –… Continue reading Marshall buys Volvo Derby from Vertu Motors
FCA union says keeping plants open doesn’t mean guaranteeing jobs
FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at the U.S. headquarters in Auburn Hills, Michigan, U.S., May 25, 2018. REUTERS/Rebecca Cook/File Photo TURIN, Italy (Reuters) – The head of the one of the main union groups at Fiat Chrysler said on Friday a pledge by the Italian-American carmaker and France’s PSA not… Continue reading FCA union says keeping plants open doesn’t mean guaranteeing jobs
Tupy acquires Teksid´s cast iron components business from Fiat Chrysler Automobiles
Deal will allow Companies to provide better solutions to their clients through world-class practices in manufacturing and R&D, enhancing Tupy’s presence in strategic segments of the global capital goods industry and expanding the growth potential for machining and engineering services JOINVILLE, Brazil, Dec. 20, 2019 /CNW/ – Tupy S.A. (“Tupy”), a Brazilian-based supplier dedicated to… Continue reading Tupy acquires Teksid´s cast iron components business from Fiat Chrysler Automobiles
Honda will show off its in-car AI assistant at CES
Sponsored Links Engadget At CES 2020, Honda says it will finally show off its long-promised in-car personal assistant. The automaker has been working on its own digital helper since 2018 when it announced a partnership with SoundHound. Aside from the usual claims of “unprecedented” speed and accuracy, the company doesn’t say too much about how… Continue reading Honda will show off its in-car AI assistant at CES
Hyundai Motor Presents Vision for Human-Centered Future Cities through Smart Mobility Solutions at CES 2020
*Personal Air Vehicle – Vehicle for air transportation / Urban Air Mobility – Ecosystem and services utilizing PAVs Hyundai’s vision continues with its Purpose Built Vehicle (PBV). This highly customizable concept with autonomous driving feature allows for limitless possibilities to turn the vehicle to be more than just a means of transportation. These two smart mobility devices… Continue reading Hyundai Motor Presents Vision for Human-Centered Future Cities through Smart Mobility Solutions at CES 2020