Beijing — Threatened by possible shortages of lithium for electric car batteries, automakers are racing to lock in supplies of the once-obscure “white gold” in a politically and environmentally fraught competition from China to Nevada to Chile. General Motors Co. and the parent company of China’s BYD Auto Ltd. went straight to the source and bought stakes in lithium… Continue reading Threatened by shortages, electric car makers race for supplies of lithium for batteries
Tag: Strategy
Stellantis boosts marketing efforts to reach Black customers with TKT Collab
The maker of Chrysler, Dodge, Jeep, Ram and other vehicles is boosting its marketing efforts to reach Black customers and other multicultural communities. Stellantis NV on Wednesday said it has added TKT Collab — a division of Kentucky-based TKT & Associates, a Black- and woman-owned business — to its North America creative roster. It is… Continue reading Stellantis boosts marketing efforts to reach Black customers with TKT Collab
TuSimple to Explore Strategic Alternatives for its U.S.-based Operations
TuSimple is exploring strategic alternatives for the U.S. business, including a possible sale. If this process results in a sale of TuSimple’s U.S. business, TuSimple would remain a global Level 4 autonomous driving technology company with an emphasis on operations in Asia-Pacific and other major global markets. SAN DIEGO, June 28, 2023 /PRNewswire/ — TuSimple (Nasdaq:TSP),… Continue reading TuSimple to Explore Strategic Alternatives for its U.S.-based Operations
Greenbrier Adds Patrick Ottensmeyer as Independent Director to Board of Directors
Former KCS CEO Patrick J. Ottensmeyer elected to Board of DirectorsGreenbrier’s Board of Directors increases to 11 membersNew director brings substantial rail industry expertise to Greenbrier LAKE OSWEGO, Ore., June 28, 2023 /PRNewswire/ — The Greenbrier Companies, Inc. (NYSE:GBX) announced today the election of Patrick J. Ottensmeyer to the Company’s Board of Directors. The election of Ottensmeyer… Continue reading Greenbrier Adds Patrick Ottensmeyer as Independent Director to Board of Directors
@VW Group: Porsche presents strong results as one of the most valuable luxury brands007460
28/06/2023 Porsche AG (ticker symbol: P911) held its first Annual General Meeting since its IPO last September at the Porsche Arena in Stuttgart on June 28. In remarks to shareholders, Chairman of the Supervisory Board Dr. Wolfgang Porsche and Chairman of the Executive Board Oliver Blume expressed satisfaction and confirmed the current strategy and forecasts.… Continue reading @VW Group: Porsche presents strong results as one of the most valuable luxury brands007460
German FAZ: “The day is not enough to successfully lead two Dax companies”006290
Sharing the workplace is one of the trends in the world of work right now. Oliver Blume has two top positions at the same time: the manager is CEO of the Volkswagen Group and at the same time head of the sports car manufacturer Porsche. He has held the two positions at the two Dax… Continue reading German FAZ: “The day is not enough to successfully lead two Dax companies”006290
German Manager Magazine: Bosch, Denzo, ZF, Continental, CATL: How China’s automotive suppliers are conquering the world market002572
The global automotive supply industry has put the problems of the Corona crisis behind it and set a new sales record last year. According to a study by the management consultancy Berylls Group, the 100 largest supplier companies increased their total sales by 16 percent compared to the pre-Corona year 2019 to 1.064 trillion euros.… Continue reading German Manager Magazine: Bosch, Denzo, ZF, Continental, CATL: How China’s automotive suppliers are conquering the world market002572
Vuealta welcomes launch of Anaplan’s new global PartnerAccelerate programme
Accredited to provide trusted solutions for financial and supply chain planning across financial services and tech, media, and telecoms (TMT) sectors; accreditations for other industries and functions are expected soon. LONDON, June 28, 2023 /PRNewswire/ — Vuealta, a global leader in the design and delivery of powerful scenario planning and forecasting software solutions based on… Continue reading Vuealta welcomes launch of Anaplan’s new global PartnerAccelerate programme
@Toyota: Joby Marks Production Launch, Receives Permit to Fly First Aircraft Built on Production Line in Close Collaboration with Strategic Partner and Investor, Toyota
Tetsuo “Ted” Ogawa, President and Chief Executive Officer of Toyota Motor North America, will join Joby’s Board of Directors on July 1, 2023 Santa Cruz, Calif. (Jun 28, 2023) —Joby Aviation, Inc. (NYSE:JOBY), a company developing all-electric aircraft for commercial passenger service, today announced it has received a Special Airworthiness Certificate for the first aircraft… Continue reading @Toyota: Joby Marks Production Launch, Receives Permit to Fly First Aircraft Built on Production Line in Close Collaboration with Strategic Partner and Investor, Toyota
DAISO ANNOUNCES NEW DISTRIBUTION CENTER IN TEXAS, IN PARTNERSHIP WITH FLEXE AND JT LOGISTICS
DALLAS, June 28, 2023 /PRNewswire/ — Daiso, a leading retail company specializing in Japanese-inspired products, is delighted to announce the opening of its second US Distribution Center. The new facility, established in collaboration with Flexe and JT Logistics, will commence operations in July, serving as a pivotal hub for the company’s expanding network. Continue Reading… Continue reading DAISO ANNOUNCES NEW DISTRIBUTION CENTER IN TEXAS, IN PARTNERSHIP WITH FLEXE AND JT LOGISTICS