The Maserati range is updated and renews the GT, Modena and Trofeo finishes Continuing the renewal strategy of the vehicles in its range, Maserati has just presented the three new endings that will be associated with the Ghibli, the Quattroporte and the I raised. They will be available from July 1. Innovation, performance and design… Continue reading The Maserati range is updated and renews the GT, Modena and Trofeo finishes
Tag: Strategy
‘Bolloré’s strategy is already having a good impact on Jaguar Land Rover’
The appointment of Thierry Bolloré as JLR chief executive last summer raised a fair few eyebrows. It came completely out of the blue, not least for Bolloré. “I was about to fly over to New York in a completely different type of business,” he told me this week. “I said, ‘Wow, of course’. With these brands… Continue reading ‘Bolloré’s strategy is already having a good impact on Jaguar Land Rover’
Bridgestone to invest $139m in Brazilian plant expansion
The plant expansion and modernisation project will increase annual production from 3.5 million to 4.3 million tyres, with new manufacturing technologies and Industry 4.0 concepts. Bridgestone Brazil has announced a new investment in its tyre manufacturing plant in the city of Camacari, in the state of Bahia, Brazil. Following the increasing demand for high-tech and… Continue reading Bridgestone to invest $139m in Brazilian plant expansion
Tesla’s first European plant was supposed to open on July 1, but permit delays, lizards, and other problems have postponed it indefinitely (TSLA)
Tesla’s new factory outside of Berlin, Germany, was supposed to open on July 1. Permitting issues and environmental activists have delayed the plant’s opening. Tesla plans to churn out 500,000 cars at the plant, which is critical to its European strategy. See more stories on Insider’s business page. “Deutschland rocks,” Elon Musk told reporters during… Continue reading Tesla’s first European plant was supposed to open on July 1, but permit delays, lizards, and other problems have postponed it indefinitely (TSLA)
Great Wall Motors extends term sheet for General Motors’ factory takeover
New Delhi: Great Wall Motors has extended the term of its initial agreement to acquire General Motors‘ India factory by six months, as the Chinese SUV maker still awaits New Delhi’s green signal for its billion-dollar foreign investment proposal. The term sheet, which was set to expire in the middle of 2021, has been extended… Continue reading Great Wall Motors extends term sheet for General Motors’ factory takeover
@GM: GM to Source U.S.-Based Lithium for Next-Generation EV Batteries Through Closed-Loop Process with Low Carbon Emissions July 2, 2021
Through an agreement with Controlled Thermal Resources, lithium will be sourced in part from California from a more environmentally friendly process than traditional lithium production DETROIT, July 2, 2021 /PRNewswire/ — General Motors has agreed to form a strategic investment and commercial collaboration with Controlled Thermal Resources to secure local and low-cost lithium. This lithium will… Continue reading @GM: GM to Source U.S.-Based Lithium for Next-Generation EV Batteries Through Closed-Loop Process with Low Carbon Emissions July 2, 2021
Renault looks to retro styling and affordability in EV strategy for Europe
Go to Source
@FCA: FCA Canada Reports Second Quarter 2021 Sales Results
July 2, 2021 , Windsor, Ontario – FCA Canada today reported second quarter 2021 total sales of 40,490 vehicles, an increase of 20% from 33,718 sold in Q2 2020. For the calendar year, sales of 86,567 represent an increase of 11% versus this time last year. “Despite all of the challenges facing our industry, Jeep recorded double-digit… Continue reading @FCA: FCA Canada Reports Second Quarter 2021 Sales Results
Dr Andy Palmer to drive Switch Mobility’s strategic new initiatives
Dr Andy Palmer: “I believe we have all the required ingredients to become a leading global e-bus and e-truck player, trail-blazing the way to zero-carbon public transport.” Switch Mobility Ltd, the electrified commercial vehicles group backed by the Hinduja Group, today announced its formal launch by combining the electric commercial vehicle operations of Ashok Leyland… Continue reading Dr Andy Palmer to drive Switch Mobility’s strategic new initiatives
GM reports Q2 new vehicle sales boost, but inventory still tight
The second quarter was the best of times and the worst of times for General Motors as the automaker reported a nearly 40% boost in new-vehicle sales but still struggled with tight inventory. Strong demand for pickups and SUVs helped drive sales and supported GM’s strategy of pushing semiconductor chip parts to those vehicles to make sure it could… Continue reading GM reports Q2 new vehicle sales boost, but inventory still tight