Tag: Strategy

@GM: General Motors Releases Annual Sustainability Report, Setting Baseline for Accelerated Goals April 30, 2021

General Motors Releases Annual Sustainability Report, Setting Baseline for Accelerated Goals DETROIT, April 30, 2021 /PRNewswire/ — General Motors today released its 11th annual Sustainability Report, providing an overview of the company’s environmental, social and governance (ESG) performance in 2020, and outlining new environmental sustainability goals for the next chapter of GM’s work toward a zero-emissions… Continue reading @GM: General Motors Releases Annual Sustainability Report, Setting Baseline for Accelerated Goals April 30, 2021

Goodyear Reports First Quarter 2021 Results

First quarter Goodyear net income of $12 million; adjusted net income of $102 million First quarter segment operating income of $226 million, strongest first quarter since 2018 Global consumer replacement volume significantly exceeded industry, driven by large-rim diameter segment — Record first quarter consumer replacement volume in Asia Pacific Americas, EMEA consumer OE volumes outpaced… Continue reading Goodyear Reports First Quarter 2021 Results

Mahindra to acquire Meru for Rs 97.66 crore, Pravin Shah appointed CEO

In continuation of its strategic intent to grow its presence in the shared mobility space, Mahindra & Mahindra has entered into definitive agreements with shareholders of Meru Travel Solutions (Meru) to buy their respective stakes in ride sharing company Meru. M&M is to acquire 44.14% shares from private equity investor, True North and others for an amount not… Continue reading Mahindra to acquire Meru for Rs 97.66 crore, Pravin Shah appointed CEO

@Renault: GROUPE RENAULT: QUARTERLY INFORMATION AT MARCH 31, 2021000214

PRESS RELEASE #RenaultResults First quarter revenues supported by price discipline in a still disturbed environment due to the pandemic Group revenues reached €10 billion (-1.1%) in the first quarter of 2021. At constant exchange rates1, revenues would have been up 4.4%. Automotive excluding AVTOVAZ revenues were stable at €8.6 billion. The highlight of the quarter… Continue reading @Renault: GROUPE RENAULT: QUARTERLY INFORMATION AT MARCH 31, 2021000214

@niche: Xos Trucks Partners with Thompson Truck Centers, Secures Truck Order000833

LOS ANGELES, Feb. 11, 2021 (GLOBE NEWSWIRE) — Xos Trucks, Inc., a leading manufacturer of fully electric commercial vehicles, is pleased to announce it has partnered with Thompson Truck Centers to help get more electric vehicles on the road, faster. The partnership includes a purchase order from Thompson Truck Centers, a subsidiary of Thompson Machinery,… Continue reading @niche: Xos Trucks Partners with Thompson Truck Centers, Secures Truck Order000833

@niche: Xos Trucks Raises $20 Million, Partners with Tier 1 Automotive Supplier Metalsa000831

LOS ANGELES, Aug. 18, 2020 (GLOBE NEWSWIRE) — Xos Trucks, Inc., a leading manufacturer of fully electric commercial vehicles, today announced it has raised $20 million from a group of investors including Proeza Ventures, a mobility-focused VC firm backed by Metalsa’s holding company, and BUILD Capital Group. The financing, which closed in early 2020, will… Continue reading @niche: Xos Trucks Raises $20 Million, Partners with Tier 1 Automotive Supplier Metalsa000831

Continental Extends Commitment to Sustainability in Natural Rubber Supply Chain

Project with German Federal Ministry for Economic Cooperation and Development for digital traceability of natural rubber in Indonesia is being expanded Number of small farmers involved to be expanded from 450 to 4,000 by 2024 Digitization of the entire supply chain enables full traceability Education and digitalization are important contributors to making our supply chains… Continue reading Continental Extends Commitment to Sustainability in Natural Rubber Supply Chain

@VW Group: Audi launches initiative for digital factory transformation in Heilbronn002962

Pooling competence for Smart Production and Logistics: Audi will be collaborating closely in the future with the Technical University of Munich and the Fraunhofer Institute for Industrial Engineering IAO in the area of digitalization at the Bildungscampus of Dieter Schwarz Foundation in Heilbronn. Championed by Audi, the “Automotive Initiative 2025” aims to establish a world-leading… Continue reading @VW Group: Audi launches initiative for digital factory transformation in Heilbronn002962

@Hyundai: Kia EV6 redefines boundaries of electric mobility with inspiring design, exhilarating performance and innovative space

EV6 is the symbol of Kia’s new brand and the first BEV built on new dedicated EV platform Choice of multiple zero-emissions powertrain configurations; over 510 kilometers from a single charge 800V ultra-fast charging from 10 to 80 percent in just 18 minutes; 100 kilometers in less than 4.5 minutes EV6 GT accelerates from 0-to-100… Continue reading @Hyundai: Kia EV6 redefines boundaries of electric mobility with inspiring design, exhilarating performance and innovative space