@VW Group: Volkswagen Group strengthens quality assurance – Frank Welsch to lead the new unit

The Volkswagen Group has strengthened and simultaneously reorganized its quality assurance. To this end, Frank Welsch will become the new Head of Group Quality Management and Strategy as of February 1. In this function, he will report directly to the Chief Executive Officer of the Volkswagen Group, Herbert Diess. Thomas Ulbrich will succeed Welsch as… Continue reading @VW Group: Volkswagen Group strengthens quality assurance – Frank Welsch to lead the new unit

@VW Group: New member of the Board of Management for Development at Volkswagen Passenger Cars

Thomas Ulbrich, member of the Board of Management for Mobility at Volkswagen Passenger Cars, is to become member of the Board of Management for Development as of February 1. He will succeed Frank Welsch in this role, who is taking over as Head of the realigned Group Quality Assurance. Following the successful market entry of… Continue reading @VW Group: New member of the Board of Management for Development at Volkswagen Passenger Cars

@VW Group: New dual leadership at Audi Sport GmbH

An important new addition at Audi Sport GmbH: Dr. Sebastian Grams will complete the management team at the Audi high-performance operation starting March 1. He is assuming the helm of the subsidiary together with Managing Director Julius Seebach. Grams succeeds Oliver Hoffmann, who has headed Technical Development at Audi as Chief Operating Officer since July… Continue reading @VW Group: New dual leadership at Audi Sport GmbH

@Toyota: Toyota’s Indiana Plant Creates Job Pathways for People Living With Disabilities

Mr. Reliable (photo above) — John Hardiman hasn’t missed a day of work at TMMI in five years.  Ted Brown has accomplished a lot over his 21-year career at Toyota Motor Manufacturing, Indiana (TMMI). But as far as he’s concerned, none of it measures up to the achievements of people like Dakota Moore. “He’s got… Continue reading @Toyota: Toyota’s Indiana Plant Creates Job Pathways for People Living With Disabilities

@Groupe PSA: PR Appointment of the Top Executive Team to steer Stellantis001035

Amsterdam – Stellantis is establishing an efficient governance from Day One with the appointment of the Top Executive Team, together with the 9 dedicated committees covering company-wide performance and strategy.* Carlos Tavares, CEO of Stellantis, said: “This highly competitive, committed and well balanced team will leverage its combined skills and diverse backgrounds to guide Stellantis,… Continue reading @Groupe PSA: PR Appointment of the Top Executive Team to steer Stellantis001035

@Groupe PSA: PR Stellantis: Building a world leader in sustainable mobility001034

A new company with the agility, creativity and efficiency to capture the opportunities of the new era of mobility, offering innovative solutions that will help change the way society moves Rich heritage stemming from storied and iconic automotive marques, innovative mobility brands and deep roots in the communities in which it operates Well positioned to… Continue reading @Groupe PSA: PR Stellantis: Building a world leader in sustainable mobility001034

@Groupe PSA: PR The new name and governance of Stellantis take effect001033

Lijnden – Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announced today that, following completion of the merger of Peugeot S.A. (“Groupe PSA”) and Fiat Chrysler Automobiles N.V. (“FCA”) on January 16, 2021, today the combined company was renamed Stellantis, the Board of Directors of Stellantis was appointed, and Stellantis’s Articles of Association… Continue reading @Groupe PSA: PR The new name and governance of Stellantis take effect001033

@Groupe PSA: PR Merger of FCA and Groupe PSA approved by shareholders: FCA and Groupe PSA expect to complete the combination on January 16, 2021001032

Vélizy-Villacoublay and London – Fiat Chrysler Automobiles N.V. (“FCA”) (NYSE: FCAU / MTA: FCA) and Peugeot S.A. (“Groupe PSA”) announce that their respective shareholders’ meetings, held today, approved the merger of FCA and Groupe PSA to create Stellantis N.V. (“Stellantis”) by an overwhelming majority (with more than 99% of the votes cast in favor of… Continue reading @Groupe PSA: PR Merger of FCA and Groupe PSA approved by shareholders: FCA and Groupe PSA expect to complete the combination on January 16, 2021001032

NIO Inc. Announces Closing of US$1.5 Billion Convertible Senior Notes

SHANGHAI, China, Jan. 19, 2021 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO) (“NIO” or the “Company”), a pioneer in China’s premium smart electric vehicle market, today announced that it closed the offering (the “Notes Offering”) of US$750 million in aggregate principal amount of convertible senior notes due 2026 (the “2026 Notes”) and US$750 million in… Continue reading NIO Inc. Announces Closing of US$1.5 Billion Convertible Senior Notes

Grab, the $16 billion ride-hailing and delivery giant, is considering an IPO in the US this year, in what could be the largest overseas share offering by a Southeast-Asian company

Ride-hailing and food delivery giant Grab may launch an IPO in the US this year, sources told Reuters. The IPO could raise at least $2 billion, one of the sources said, which would likely be the largest overseas share offering by a Southeast-Asian company. Grab is worth more than $16 billion and operates in eight… Continue reading Grab, the $16 billion ride-hailing and delivery giant, is considering an IPO in the US this year, in what could be the largest overseas share offering by a Southeast-Asian company