Mitsubishi – Page 274 – I wish I had more to offer

SoftBank-backed Grab raises $856 million from Japanese investors in financial services push

SINGAPORE/TOKYO (Reuters) – Southeast Asia’s Grab said Japan’s Mitsubishi UFJ Financial Group Inc (MUFG) (8306.T) and IT services firm TIS Inc (3626.T) have agreed to invest a combined $856 million in the ride-hailing firm, as it seeks to expand aggressively into financial services. A Grab logo is pictured at the Money 20/20 Asia Fintech Trade… Continue reading SoftBank-backed Grab raises $856 million from Japanese investors in financial services push

Grab raising $706 mln from MUFG to roll-out financial services

SINGAPORE, Feb 25 (Reuters) – Southeast Asian ride hailer Grab is raising $706 million from Mitsubishi UFJ Financial Group Inc (MUFG) and $150 million from Japanese IT services firm TIS Inc, as it seeks to expand aggressively into financial services. “MUFG’s investment into Grab is a vote of confidence in our super app strategy and… Continue reading Grab raising $706 mln from MUFG to roll-out financial services

Nissan warns about future of European plants as Brexit weighs

Tara Patel, Bloomberg Published 12:40 p.m. ET Feb. 24, 2020 | Updated 12:43 p.m. ET Feb. 24, 2020 Nissan Motor Co. gave the starkest warning yet on the future of the Japanese group’s car factories in western Europe, with a plant in the U.K. threatened by Brexit and another in Spain suffering from a slump… Continue reading Nissan warns about future of European plants as Brexit weighs

Mercedes-Benz Bank sets records in 2019

24.

February 2020

Stuttgart

New business with leasing and financing for Daimler vehicles grows to a new high of 13.3 billion euros in 2019. Customer deposits increase to 11.9 billion euros. Growth potential with hybrid and electric vehicles. Stuttgart. In 2019, Mercedes-Benz Bank AG posted new leasing and financing contracts for passenger cars and commercial vehicles totaling 13.3 billion euros. That is a new record for the Stuttgart-based company. “With our financial services, we are in very close proximity to the customer and support the sales of vehicles from Daimler Group in Germany. In doing so, we put nearly 400,000 vehicles of our corporate brands Mercedes-Benz, AMG, smart, Setra and Fuso on the road in 2019 alone,” says Benedikt Schell, Chairman of the Board of Mercedes-Benz Bank.
The total portfolio of all contracts handled by Mercedes-Benz Bank amounted to 25.9 billion euros at the end of 2019 and was thus slightly below the previous year. The reason for this was a su..

Your next tire change could be performed by a robot

Waiting in a service station waiting room purgatory one day, Victor Darolfi had a simple thought. “I sat at America’s Tires for three hours and thought, hey, we use robots to put tires on at the factory,” the founder explains. “Why don’t we bring robots into the service industry?” The notion was the first seed… Continue reading Your next tire change could be performed by a robot

@Daimler: Mercedes-Benz Bank sets records in 2019

Renault has “no taboos” on possible plant closings … including in France

Renault closes its horribilis annus on poor results. In line with the warning published in October 2019, a few days after the departure of former general manager Thierry Bolloré, the manufacturer with the diamond announced a net loss of 141 million euros on Friday February 14. Unheard of since 2009. “2019 was a difficult year… Continue reading Renault has “no taboos” on possible plant closings … including in France

Car maker slips into the red: Nissan crisis hits Renault

Christian Hartmann / REUTERS Renault slips into the red The crisis at Nissan Show stock market chart leaves deep traces on partner Renault Show stock market chart, The French carmaker reported a loss of 141 million euros for the past year and cut the dividend for shareholders, including the French state. On Friday, management cited… Continue reading Car maker slips into the red: Nissan crisis hits Renault

Renault is preparing a drastic “taboo-free” savings program

Posted Feb 14 2020 at 10:14 am Updated on Feb 14 2020 at 10.49 am Renault ended a dark year in red, a first since the economic crisis of 2009. And his staff does not expect to do much better this year, the coronavirus and the Chinese prospects not helping. It is therefore necessary to… Continue reading Renault is preparing a drastic “taboo-free” savings program

In 2019 Mitsubishi Sold In Europe Almost 35,000 Outlander PHEV

Mitsubishi improved its position in Europe in 2019, by increasing sales by around 4% year-over-year to 171,906. A big part of that was due to the ongoing success of the Mitsubishi Outlander PHEV. The Japanese plug-in hybrid, with 34,729 sales (up 42% year-over-year), once again was the most popular PHEV model (third overall, behind the… Continue reading In 2019 Mitsubishi Sold In Europe Almost 35,000 Outlander PHEV