With a share of over seven billion euros, the boss of Volvo’s mother Geely has participated in Daimler. The Chinese company is counting on the departure from the pure combustion engine. Li Shufu, principal owner of Chinese auto giant Geely Friday, 23.02.2018 19:42 clock The Chinese carmaker Geely makes serious with the billion dollar entry… Continue reading Chinese billionaire becomes largest shareholder at Daimler
Tag: People
US investigators weigh heavily on Daimler
Daimler is already under pressure in the diesel scandal. According to a media report, confidential documents reveal that auto company engineers have long doubted the legality of US exhaust emissions tests. Dieter Zetsche Sunday, 18.02.2018 00:21 clock In the diesel exhaust scandal US investigation files burden the car company Daimler hard again. Confidential documents from… Continue reading US investigators weigh heavily on Daimler
What is behind the attempts of the auto companies
German car companies tested pollutants – on animals and humans. They even started their own research initiative. What was the purpose of VW, Daimler and BMW? The overview. Exhaust of a diesel car Monday, 29.01.2018 16:52 clock The auto industry is said to have commissioned trials to prove how harmless the supposedly clean diesel engines… Continue reading What is behind the attempts of the auto companies
Faurecia Announces New Toledo Facility, Creation of More Than 100 Jobs
TOLEDO, Ohio, July 12, 2018 /PRNewswire/ — Faurecia Interiors, a global manufacturer of automotive interior systems with North American headquarters based in Auburn Hills, Michigan, announced plans today to open a new production facility in Toledo, Ohio. The new facility will create more than 100 new jobs and officially begin production activity in April 2019,… Continue reading Faurecia Announces New Toledo Facility, Creation of More Than 100 Jobs
Mobike-Ofo Merger Unlikely As Alibaba, Tencent Battle For Bike Sharing Dominance
To merge or not to merge? This is a question now beyond the control of the two companies most expected to combine in China at the moment: bike sharing unicorns Mobike and ofo. That is because their respective ultimate backers, Tencent Holdings Ltd. and Alibaba Group, both want to dominate the industry believed to shape… Continue reading Mobike-Ofo Merger Unlikely As Alibaba, Tencent Battle For Bike Sharing Dominance
Aptiv Opens Boston Technology Center
BOSTON, Dec. 12, 2017 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company focused on the development and commercialization of advanced mobility solutions, today announced that it has opened a new technology center in Boston’s Seaport district, expanding the Company’s U.S. engineering footprint and further establishing itself as a leader in the future of mobility.… Continue reading Aptiv Opens Boston Technology Center
Aptiv Announces Dividend
GILLINGHAM, England, Dec. 7, 2017 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a technology company that develops safer, greener and more connected solutions for its global customers, today announced that its Board of Directors declared a quarterly cash dividend of $0.22 per ordinary share, or $0.88 per ordinary share annualized. The dividend is payable on February 14, 2018, to… Continue reading Aptiv Announces Dividend
Aptiv PLC to Transform Future Mobility
GILLINGHAM, England, Dec. 5, 2017 /PRNewswire/ — The future of mobility takes a major step forward today with the launch of Aptiv PLC (NYSE: APTV), a technology company that develops safer, greener and more connected solutions for a diverse array of global customers. Formerly known as Delphi Automotive, Aptiv emerges from the completion of Delphi’s spin-off… Continue reading Aptiv PLC to Transform Future Mobility
Matrix Partners China Reveals Biggest Investment Mistakes And Lessons Learned
Matrix Partners China, a joint venture fund between U.S. venture capital firm Matrix Partners and its Chinese partners, has revealed its biggest investment mistakes and lessons learned since being founded in 2008, offering insights into how even the smartest investors can miss great opportunities. Matrix China and its founding managing partner David Zhang, also known… Continue reading Matrix Partners China Reveals Biggest Investment Mistakes And Lessons Learned
China’s Uber-Like Trucking Unicorns Merge As Sharing Economy Consolidates
After years of explosive growth, China’s vast sharing economy is entering consolidation mode. The latest merger news comes from Chinese Uber-like truck logistics leaders Yumanman and Huochebang, both valued at US$1 billion on China Money Network’s China Unicorn Ranking. The deal may herald more mega-mergers in the sharing space due to intense competition and overlapping business… Continue reading China’s Uber-Like Trucking Unicorns Merge As Sharing Economy Consolidates