December 19, 2018 Royal Dutch Shell has agreed to acquire a 49 percent stake in Asia-focused firm Cleantech Solar, the energy giant’s second investment in solar power this year. The Anglo-Dutch company will have an option to increase its holding in Cleantech after 2021. The deal is expected to close in January 2019. Cleantech Solar develops, owns… Continue reading Shell acquires 49% stake in Singapore-headquartered Cleantech Solar
Tag: M and A
BMW Group and Daimler AG plan next steps for joint mobility company. Competition authorities approve merger of mobility services.
Munich/Stuttgart. The BMW Group and Daimler AG are planning the next steps for their joint mobility company, following approval by the responsible competition authorities. The basis for this is the approval of the US competition authorities, which was received on Tuesday, December 18, 2018. This means that all antitrust authorities involved have given the green… Continue reading BMW Group and Daimler AG plan next steps for joint mobility company. Competition authorities approve merger of mobility services.
Nissan’s Saikawa did not meet one-on-one with Renault’s Bollore – source
YOKOHAMA, Dec 19 (Reuters) – Nissan Motor Co CEO Hiroto Saikawa did not meet one-on-one with Thierry Bollore, the deputy CEO of Renault SA, during a meeting in Amsterdam, a source familiar with the matter said. Saikawa has already returned to Japan, a source familiar with the matter said. The two companies held talks as… Continue reading Nissan’s Saikawa did not meet one-on-one with Renault’s Bollore – source
Sinclair Group acquires first Land Rover outlet
The Sinclair Group has strengthened its standing as Wales’ largest franchised retailer by adding another premium brand to its portfolio. It has bought Likes Land Rover at Hay-on-Wye from Walters Group, and is to rebrand it Sinclair Land Rover. All 35 staff employed at the site will be transfered into the Sinclair Group. Founded in 1945 and… Continue reading Sinclair Group acquires first Land Rover outlet
Nissan: Nissan to make special GT-R celebrating partnership with Naomi Osaka
YOKOHAMA, Japan – Nissan will start taking orders Dec. 20 for a special-edition Nissan GT-R launched to commemorate the company’s partnership with tennis Grand Slam champion Naomi Osaka. The Nissan GT-R special edition model in Midnight Opal, one of the three body color options The Nissan GT-R special edition model with interior featuring Ivory Leather… Continue reading Nissan: Nissan to make special GT-R celebrating partnership with Naomi Osaka
Nissan to make special GT-R celebrating partnership with Naomi Osaka
YOKOHAMA, Japan – Nissan will start taking orders Dec. 20 for a special-edition Nissan GT-R launched to commemorate the company’s partnership with tennis Grand Slam champion Naomi Osaka. The Nissan GT-R special edition model in Midnight Opal, one of the three body color options The Nissan GT-R special edition model with interior featuring Ivory Leather… Continue reading Nissan to make special GT-R celebrating partnership with Naomi Osaka
Nissan announces management appointment
YOKOHAMA, Japan – Nissan Motor Co., Ltd. (NML), today announced that Toru Ihara, currently division general manager of Japan talent management, will be promoted to vice president effective Jan. 1, 2019. He will be in charge of Japan Human Resources, Japan talent management, and will report to Corporate Vice President Yusuke Takahashi. About Nissan Motor… Continue reading Nissan announces management appointment
Chinese startup buys automaker for shortcut to EV production – Nikkei Asian Review
SHENZHEN — Chinese electric car startup CHJ Automotive will acquire Chongqing-based automaker Lifan Motors, shifting from an earlier plan to outsource production to the company. With China moving to curb automobile production capacity in the country, electric car startups face difficulty obtaining a license for production. Many startups are outsourcing production or acquiring licensed manufacturers instead.… Continue reading Chinese startup buys automaker for shortcut to EV production – Nikkei Asian Review
AID teams up with Luminar for advanced LiDAR sensing technology – RealWire
Press Release AID’s goal of bringing autonomous driving to urban mobility services by 2021 is being supported by an ambitious strategic Partnership Program. München, Germany – December 18, 2018. AID-Autonomous Intelligent Driving GmbH, a wholly owned subsidiary of AUDI AG and the ‘center of excellence’ for urban autonomous driving in the Volkswagen Group, announced today… Continue reading AID teams up with Luminar for advanced LiDAR sensing technology – RealWire
U.S. Grocer Kroger Has Begun Making Autonomous Deliveries
Autonomous Deliveries Grocery store giant Kroger just announced that its autonomous vehicle delivery service is officially going driverless, thanks to a partnership with self-driving car startup Nuro. Earlier this year, the supermarket chain announced it will work with Nuro to launch a driverless delivery service in Scottsdale, Arizona. The program used a fleet of Toyota Priuses, equipped with… Continue reading U.S. Grocer Kroger Has Begun Making Autonomous Deliveries