Gojek, the Indonesian all-purpose supper app provider, is nearing an agreement to buy 5% of top local taxi operator PT Blue Bird, according to people familiar with the matter. Gojek would pay about $30 million, the people said, asking not to be named discussing a private matter. That implies a price of more than 20%… Continue reading Gojek closes in on deal to acquire 5% stake in Indonesian taxi operator Blue Bird
Tag: M and A
After 50 Years, This Would-Be ‘Ferrari Killer’ Is Back: Say Hello to the New ATS GT – Robb Report
True connoisseurs of automobiles take years or even decades to acquire their level of discernment, appreciate proper historical content and context, and use these factors as guides for what to purchase. Then they often keep their cars for a good portion of their lives. Their knowledge of a particular marque’s story, its place in the… Continue reading After 50 Years, This Would-Be ‘Ferrari Killer’ Is Back: Say Hello to the New ATS GT – Robb Report
OCTO acquires Nebula Systems, reinforces its leadership in intelligent vehicle diagnostics
OCTO Telematics, a provider in transforming an IoT Big Data set into actionable intelligence, has acquired the entire share capital of Nebula Systems Ltd. Nebula specializes in the development of advanced cloud technologies for the automotive and connected car industries. This means that its proprietary technologies are now available to make vehicle systems and data… Continue reading OCTO acquires Nebula Systems, reinforces its leadership in intelligent vehicle diagnostics
PSA-Fiat Chrysler: the three subjects to watch out for in the marriage contract
Posted Dec 16 2019 at 6:45 am PSA and Fiat Chrysler are on track to meet the schedule they had set. After making it public their union project October 31, the two manufacturers are expected to announce this week that they have agreed to the signing of an engaging agreement (a “memorandum of understanding” in… Continue reading PSA-Fiat Chrysler: the three subjects to watch out for in the marriage contract
@VW Group: ‘Project Qatar Mobility’: Self-driving shuttles set to take Doha’s local public transport to the next level in 2022
For the first time ever a cutting-edge fleet of self-driving Level 4 electric shuttles will usher in a new era of urban mobility in a capital city in 2022: Earlier today in Doha, representatives of Volkswagen AG and the Qatar Investment Authority (QIA) signed the ‘Project Qatar Mobility’. The goal is to develop a ground-breaking… Continue reading @VW Group: ‘Project Qatar Mobility’: Self-driving shuttles set to take Doha’s local public transport to the next level in 2022
Parma Calcio resumes the Silk Road, an agreement between Italian consortium and Chinese partner
4 ‘of reading Parma remains Italian-Chinese. The agreement between the parties closes the dispute between the New Start, the company formed by seven businessmen from Parma who holds the majority package of Parma Calcio 1913, and Link International / Hope Group of the Chinese tycoon Jiang Lizang, who currently owns 30 % of the share… Continue reading Parma Calcio resumes the Silk Road, an agreement between Italian consortium and Chinese partner
This Is The New GM-SAIC Baojun Electric Car
Meet Baojun’s “new interstellar geometry design language.” General Motors and SAIC‘s Chinese joint venture Baojun is known for its hilarious electric cars, which by the way sell in pretty high volume (the Baojun’s BEV series is already the 3rd most popular this year with nearly 42,000 sold by the end of October). The latest model,… Continue reading This Is The New GM-SAIC Baojun Electric Car
Turnaround artist Tavares in good spot for next race – Automotive News Europe
At a time when many in the industry are talking about the need to consolidate, but actual deals have been scarce, Tavares has forged ahead. In Opel, he found an additional 1 million vehicles a year on which to spread out development costs, increase platform utilization, multiply the effects of r&d and drive savings on… Continue reading Turnaround artist Tavares in good spot for next race – Automotive News Europe
Japan maps and navigation get AI boost with Hitachi, Mapbox partnership
Hitachi Solutions and Mapbox have announced a partnership to sell Mapbox licenses into Japan, a reseller arrangement that will open new opportunities for Japan and globally-based companies to provide AI maps and navigation services into Japan’s enterprise business market. The partnership is effective immediately, and will initially focus on customers in automotive, real estate, logistics,… Continue reading Japan maps and navigation get AI boost with Hitachi, Mapbox partnership
@GM: Baojun Reveals New NEV
Baojun Reveals New NEV 2019-12-10 LIUZHOU, GUANGXI – On December 8, Baojun showed the first images of its newest new energy vehicle (NEV). The new model, whose name will be revealed later, inherits Baojun’s new interstellar geometry design language. Its avant-garde split body design and two-tone exterior have a futuristic look that will appeal to younger… Continue reading @GM: Baojun Reveals New NEV