Tag: Mobility

PSA, Suzuki set up EV business divisions

While PSA Group’s new business unit will be responsible for defining and deploying the Group’s electric vehicle strategy and rolling out the related products and services, Suzuki is Electric Vehicle Division and Advanced Technology Division will be set up as part of its R&D division. The rapid advance of electric mobility in the automobile world… Continue reading PSA, Suzuki set up EV business divisions

UberX to be parked in Greece after law change

Uber is suspending another international service while it assess whether there’s a business case to continue operations after regulatory changes. In a blog post announcing the impending suspension of its UberX service in Athens, the company writes: “New local regulations were voted on recently with provisions that impact ridesharing services. We have to assess if… Continue reading UberX to be parked in Greece after law change

Creation of a Business Unit dedicated to electric vehicles. Alexandre Guignard appointed to head the new BU

• The creation of the Low Emission Vehicles Business Unit is a step towards the Group’s aim of developing an electric offering covering its entire range by 2025, with implementation starting in 2019• The two priorities are profitable growth and contribution to Groupe PSA’s CO2 objectives• Alexandre Guignard appointed Senior Vice President of the new BU To respond… Continue reading Creation of a Business Unit dedicated to electric vehicles. Alexandre Guignard appointed to head the new BU

Hyundai has no reason to overreact to Elliott’s demands; regulator

SEOUL, April 5 (Yonhap) — The chief of South Korea’s financial regulator on Thursday said he views Elliott Advisors Ltd.’s demands for more efforts to improve corporate governance at Hyundai Motor Group differently from Elliott’s intervention in the merger of two Samsung Group affiliates three years ago. In a venture startup fund event held in… Continue reading Hyundai has no reason to overreact to Elliott’s demands; regulator

Daimler will open four new production plants “by the end of this decade”

Posted 05/04/2018 13: 00: 28CET The company will launch “more than a dozen” new vehicles this year BERLIN, Apr. 5 (EUROPA PRESS) – The Daimler automobile group will add four new plants to its production network “at the end of this decade”, which will be located in Poland, Hungary, Russia and China, as assured by… Continue reading Daimler will open four new production plants “by the end of this decade”

Daimler CEO Zetsche on the electric car offensive: “Good for the CO2 balance – but not so good for our consolidated balance sheet”

All articles and backgrounds 05/04/2018 Daimler CEO Zetsche on the electric car offensive “Good for the CO2 balance – but not so good for our consolidated balance sheet” REUTERS Mercedes-Maybach 6: During the shareholder meeting in Berlin shows Daimler strength The billion-euro investment in electric mobility at the Stuttgart carmaker Daimler Show stock market chart… Continue reading Daimler CEO Zetsche on the electric car offensive: “Good for the CO2 balance – but not so good for our consolidated balance sheet”

Dieter Zetsche at the Annual Shareholders’ Meeting: “At Daimler, we take advantage of the opportunities that arise from change. That’s why we occupy the top spot today.”

BERLIN, April 5, 2018 /PRNewswire/ — 2017 was the most successful year in the company’s history Daimler is undergoing the greatest transformation in its history with a focus on five strategic areas Shareholders vote on highest-ever dividend of €3.65 per share to date Changes in the Supervisory Board “Daimler AG mastered many challenges extremely well… Continue reading Dieter Zetsche at the Annual Shareholders’ Meeting: “At Daimler, we take advantage of the opportunities that arise from change. That’s why we occupy the top spot today.”

Alibaba is preparing to invest in Grab

Fresh from announcing a deal to buy out Uber in Southeast Asia, Grab looks set to gain further firepower with Chinese e-commerce giant Alibaba preparing to invest in the ride-hailing firm. Alibaba is in the early stages of making an investment in Grab, two sources with knowledge of discussions told TechCrunch. Isn’t yet clear what… Continue reading Alibaba is preparing to invest in Grab

Annual General Meeting: Despite record numbers – Zetsche is facing new diesel debate

All articles and backgrounds 05/04/2018 Annual General Meeting Despite record numbers – Zetsche is facing a new diesel debate Daimler The carmaker Daimler Show stock market chart can present its shareholders with record numbers at the AGM this Thursday (starting at 10:00 am in Berlin) and still has to expect headwinds again. shareholder representatives have… Continue reading Annual General Meeting: Despite record numbers – Zetsche is facing new diesel debate