MAN Energy Solutions was originally a part of VW’s trucks brand MAN, but some of MAN’s assets were transferred to Volkswagen last year as part of efforts to streamline Traton ahead of the unit’s listing. FRANKFURT: Volkswagen has attracted bids from Europe’s Innio, Japan’s Mitsubishi Heavy and U.S.-based Cummins for its MAN Energy Solutions, which… Continue reading Volkswagen attracts bids for MAN Energy Solutions unit: Sources
Tag: Mitsubishi
Volkswagen attracts bids for MAN Energy Solutions unit -sources
FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) has attracted bids from Europe’s Innio, Japan’s Mitsubishi Heavy (7011.T) and U.S.-based Cummins (CMI.N) for its MAN Energy Solutions, which makes diesel engines for ships and power generators, people close to the matter said. The logo of Volkswagen is pictured at the LA Auto Show in Los Angeles, California, U.S.,… Continue reading Volkswagen attracts bids for MAN Energy Solutions unit -sources
UPDATE 1-Renault offers CEO job to SEAT’s Luca De Meo, says La Vanguardia
FILE PHOTO: SEAT President and CEO Luca de Meo poses during an interview at the SEAT car factory in Martorell, near Barcelona, Spain October 31, 2018. Picture taken October 31, 2018. REUTERS/Albert Gea/File Photo MADRID (Reuters) – French carmaker Renault (RENA.PA) has offered the chairman of Volkswagen’s (VOWG.DE) SEAT brand, Luca de Meo, the job… Continue reading UPDATE 1-Renault offers CEO job to SEAT’s Luca De Meo, says La Vanguardia
Renault offers CEO job to SEAT’s Luca De Meo, says La Vanguardia
FILE PHOTO: SEAT President and CEO Luca de Meo poses during an interview at the SEAT car factory in Martorell, near Barcelona, Spain October 31, 2018. Picture taken October 31, 2018. REUTERS/Albert Gea/File Photo MADRID (Reuters) – French carmaker Renault (RENA.PA) has offered the chairman of Volkswagen’s (VOWG.DE) SEAT brand, Luca de Meo, the job… Continue reading Renault offers CEO job to SEAT’s Luca De Meo, says La Vanguardia
Bangkok Bank buys Indonesia’s Bank Permata for $2.7bn
BANGKOK — Bangkok Bank said on Thursday it will pay 37.4 trillion rupiah ($2.67 billion) for an 89.12% stake in Indonesia’s Bank Permata, marking the largest acquisition of a foreign financial institution by a Thai bank. Bangkok Bank, Thailand’s largest bank by assets, will buy a 44.56% stake held by London-based Standard Chartered Bank and another… Continue reading Bangkok Bank buys Indonesia’s Bank Permata for $2.7bn
Mitsubishi Creates Top-Spec Van Version Of Outlander PHEV
The newcomer is designed to offer the luxury of an SUV and the tax breaks of a plug-in hybrid van. Mitsubishi has added a new top-spec model to its Outlander PHEV plug-in hybrid commercial vehicle range. The low-emission 4×4 has become a firm favorite among private customers, and Mitsubishi has long offered commercial versions aimed… Continue reading Mitsubishi Creates Top-Spec Van Version Of Outlander PHEV
Renault-Nissan Alliance: Makoto Uchida wants to “restore” confidence
Posted on 12 Dec 2019 at 12:49 What Makoto Uchida wants for his teams within Nissan, he also wants it for the Alliance with Renault and Mitsubishi. For Nissan’s new CEO, who took office on December 1, 2019, “restoring” trust with both partners is a top priority. For this, a key word, “transparency”. “To respect… Continue reading Renault-Nissan Alliance: Makoto Uchida wants to “restore” confidence
Press Releases – Global auto manufacturers call for resolution of WTO impasse
Brussels, 10 December 2019 – The EU, US, Japanese and Korean automobile manufacturers have joined forces to express their concerns about the impending blockage of the decision-making process in the World Trade Organisation’s (WTO) appellate body structure. The global coalition of automobile manufacturers calls on all WTO member countries to swiftly resolve the current impasse… Continue reading Press Releases – Global auto manufacturers call for resolution of WTO impasse
South Korea Still Lacking Competitive Edge in Key Battery Materials
It is shown that South Korea, which is considered as a lithium-ion battery powerhouse, is still far away from catching up to China and Japan when it comes to market shares of four key battery materials such as cathode material, anode material, electrolyte, and separator film.According to the results of an investigation recently announced by… Continue reading South Korea Still Lacking Competitive Edge in Key Battery Materials
The Chinese startup bringing robotaxis to the masses
Dec 6, 2019 3 min read People lining up to test out a WeRide robotaxi in Guangzhou Science City on Nov. 28, 2019. (Image credit: WeRide) One year since Google-backed Waymo started picking up passengers for its autonomous ride-hailing service in Phoenix, Chinese startup WeRide has bet big on driverless mobility with its own driverless… Continue reading The Chinese startup bringing robotaxis to the masses