www.faurecia.com.A conference call for financial analysts and media will be held today at 6:30 pm (Paris time). It can also be followed on the Faurecia website (www.faurecia.com)Dial in numbers for the conference call:· France +33(0)1 76 77 22 28· UK +44(0)20 3427 0503· USA +1 646 254 3367Access code: 9333749CalendarJanuary 7-12, 2018: First… Continue reading FAURECIA : Strong organic* growth at +10.7% in Q3 ; Increased outperformance vs. automotive production of 870bps in Q3 ; FY 2017 guidance confirmed
Tag: Mobility
FAURECIA : Forte croissance organique* de +10,7 % au 3ème trimestre ; Surperformance de 870 points de base au 3ème trimestre par rapport à la production automobile mondiale ; Guidance 2017 confirmée
www.faurecia.com)Une conférence téléphonique pour les analystes financiers et la presse aura lieu ce jour à 18 h 30 (heure de Paris). Celle-ci pourra également être suivie sur le site de Faurecia (www.faurecia.com)Numéros d’appel de la conférence téléphonique :· France +33 0 76 77 22 28· RU +44(0)20 3427 0503· États-Unis +1 646 254 3367Code d’accès : … Continue reading FAURECIA : Forte croissance organique* de +10,7 % au 3ème trimestre ; Surperformance de 870 points de base au 3ème trimestre par rapport à la production automobile mondiale ; Guidance 2017 confirmée
Panasonic Develops Automotive Intrusion Detection and Prevention Systems against Cyber Attacks
Yokohama, Japan – Panasonic Corporation announced today that it has developed automotive intrusion detection and prevention systems as a cyber security countermeasure for autonomous and connected cars. Connected cars are connected to the Internet, so like current IT systems, they have a possibility of receiving cyber attacks from around the world. By using Panasonic’s newly… Continue reading Panasonic Develops Automotive Intrusion Detection and Prevention Systems against Cyber Attacks
China’s Used Car Deals Speed Up As Didi Chuxing Invests $200M In Renrenche.com
Didi Chuxing has bought US$200 million worth of shares in Beijing-based second-hand car marketplace Renrenche.com in a strategic investment, marking the latest investment deal in China’s fast moving online used-car market, according to Didi’s announcement. The funding is a boost for Renrenche, as its three top competitors have each raised money recently. Uxin Group, Guazi.com… Continue reading China’s Used Car Deals Speed Up As Didi Chuxing Invests $200M In Renrenche.com
Chinese Bike Sharing Firm Ofo Partners With SoftBank C&S To Expand Into Japan
Chinese bike sharing company ofo and Japan’s SoftBank Commerce & Services Corp. have reached a basic agreement to collaborate on the deployment of ofo’s global bike sharing business in Japan. It is unclear if SoftBank Commerce & Services Corp., a unit owned by Brightstar, which is part of a family of companies within Softbank Group,… Continue reading Chinese Bike Sharing Firm Ofo Partners With SoftBank C&S To Expand Into Japan
Chinese Bike Sharing Firms Youon and Hellobike Merge to Compete Against Industry Giants
Chinese bike rental firm Youon Bike which is listed on the Shanghai Stock Exchange, has agreed to merge with rival Hellobike in order to better compete against industry giants ofo and Mobike. No financial details were disclosed in a company announcement. It marks the first merger deal in China’s hyper-competitive bike sharing industry. This June,… Continue reading Chinese Bike Sharing Firms Youon and Hellobike Merge to Compete Against Industry Giants
Bringing Fairer Ride-hailing to London
I started Taxify 4 years ago with a vision for a better ride-hailing platform, one that would treat both drivers and riders fairly. I felt very strongly that an uncompetitive ride-hailing industry leads to the mistreatment of drivers, who are barely earning the minimum wage, and substandard service for passengers. This has been my mission,… Continue reading Bringing Fairer Ride-hailing to London
Mobike’s First Day Explains The Power Of Bike Sharing In China
Whenever I see a small company having a startling large impact on the world, I look for an engine. I look for something that is amplifying what a relatively small number of people are doing. For example, the engine that rocketed Facebook (and Wechat) upwards was the economics and psychology of social media (plus viral… Continue reading Mobike’s First Day Explains The Power Of Bike Sharing In China
Semi-annual report suggests SAIC Motor development decisions
SAIC Motor Corporation Limited (SAIC Motor) released its semi-annual report on Aug 30, summarizing its performance in the first half of 2017. According to the report, from January to June SAIC Motor sold 31.75 million vehicles, a year-on-year increase of 5.8 percent; domestic market share increased to 23 percent; operating income hit 396.4 billion yuan… Continue reading Semi-annual report suggests SAIC Motor development decisions
Future Mobility Raises $200 Million In Financing Round At $750 Million Valuation
Chinese electric vehicle manufacturer Future Mobility Corp. has raised a new funding round worth US$200 million from a group of unnamed investment institutions and large enterprises, according to a securities disclosure document. The round values the company, founded in 2016 by two veteran automobile executives from BMW Group and Infiniti China, at US$750 million post-money,… Continue reading Future Mobility Raises $200 Million In Financing Round At $750 Million Valuation