Two strategic acquisitions in the hydrogen field

Plastic Omnium renforce son positionnement comme acteur de la propulsion électrique avec l’acquisition des entreprises Swiss Hydrogen et Optimum CPV. Après la création de la société israélienne Ξ PO-CellTech en 2016 dans le domaine des piles à combustible et l’entrée du Groupe au comité de pilotage de l’ « Hydrogen Council », deux acquisitions viennent… Continue reading Two strategic acquisitions in the hydrogen field

Plastic Omnium invests $300 million in the United States

Après les nouvelles usines de Chattanooga (Tennessee pour Volkswagen) et Fairfax (Kansas pour General Motors), Plastic Omnium lance la construction de deux usines supplémentaires aux Etats-Unis. L’usine de Greer (Caroline du Sud) en construction est destinée à livrer toutes les grandes pièces peintes de carrosserie extérieure des BMW X3, X4, X5, X6 et des futurs… Continue reading Plastic Omnium invests $300 million in the United States

DENSO, Toshiba Digital Solutions, and Toshiba Information Systems Conclude a Capital Alliance Agreement to Enhance Development of Embedded Software for In-vehicle Products

DENSO Corporation, Toshiba Digital Solutions Corporation, and Toshiba Information Systems (Japan) Corporation have concluded a capital alliance agreement in which DENSO acquires 20% of the total number of shares issued by Toshiba Information Systems. The auto industry is changing in a way that requires ever-more complicated and advanced technologies, such as connectivity, autonomous driving, shared… Continue reading DENSO, Toshiba Digital Solutions, and Toshiba Information Systems Conclude a Capital Alliance Agreement to Enhance Development of Embedded Software for In-vehicle Products

Fiat Chrysler’s Marchionne: The Future of Cars Will Be Electric and Commoditized

Sergio Marchionne, one of the longest-serving CEOs in the auto industry, has a stark warning: Carmakers have less than a decade to reinvent themselves or risk being commoditized amid a seismic shift in how vehicles are powered, driven and purchased. Developing technologies like electrification, self-driving software and ride-sharing will alter consumers’ car-buying decisions within six… Continue reading Fiat Chrysler’s Marchionne: The Future of Cars Will Be Electric and Commoditized

Nissan showcases Electric Ecosystem designed to deliver the future of driving today

World leading electric vehicle company takes over Tenerife for a month to share its vision of zero emissions future More than 12,000 new Nissan LEAF customer orders in Europe in just 90 days Nissan e-NV200 with new battery giving businesses an extra 100km of range on sale from spring 2018   Tenerife, Canary Islands (January… Continue reading Nissan showcases Electric Ecosystem designed to deliver the future of driving today

Samsung SDI Unveils Innovative Battery Products at Detroit Motor Show

Displays cells, modules and battery packs using highly efficient, leading-edge material that can help popularize electric vehicles- Introduces new materials technology as well as various cells, modules and battery packs□ Increases EV design flexibility with tailored products- Exhibits Multi-Functional Module Battery Packs, Low Height Cells,  21700 Cylindrical Battery Cells​  SEOUL and Detroit–Samsung SDI (President: Jun Young-hyun)… Continue reading Samsung SDI Unveils Innovative Battery Products at Detroit Motor Show

Adapt or Die Is Marchionne’s Stark Farewell Message to Carmakers

Sergio Marchionne, one of the longest-serving CEOs in the automotive industry, has a blunt warning: Carmakers have less than a decade to reinvent themselves or risk being commoditized amid a seismic shift in how vehicles are powered, driven and purchased. Developing technologies like electrification, self-driving software and ride-sharing will alter consumers’ car-buying decisions within six… Continue reading Adapt or Die Is Marchionne’s Stark Farewell Message to Carmakers

Lookers invests £12m in Volvo and Jaguar dealerships in Glasgow

Lookers has invested £12m in new Volvo and Jaguar dealerships in Glasgow. Its subsidiary Taggarts is relocating the Jaguar and Volvo businesses from Maryhill Road, Glasgow and Windmillhill Street, Motherwell to new dealerships at Hillington Park. The new Taggarts Jaguar Glasgow dealership includes a 29,000 ft showroom split over two floors, with capacity for over… Continue reading Lookers invests £12m in Volvo and Jaguar dealerships in Glasgow

Ford Mach1 performance SUV to launch in 2020

Ford’s first all-electric vehicle will be a Mustang-inspired performance SUV, Auto Express can reveal. It will arrive in 2020 and could be launched as the Mach1. The all-electric SUV will be built on a new dedicated EV platform and have a range of 300 miles, while the design and packaging of the model has almost… Continue reading Ford Mach1 performance SUV to launch in 2020

“We will take care of white spots”: ZF thinks after debt reduction back to acquisitions

ZF Friedrichshafen “If we spot white spots, then we’ll take care of it.” (Photo: AP) The auto supplier ZF Friedrichshafen can imagine larger takeovers after reducing its debt burden. The US billion purchase TRW is now almost completed, said since December acting CEO Konstantin Sauer on Sunday (local time) in the context of the US… Continue reading “We will take care of white spots”: ZF thinks after debt reduction back to acquisitions