Geely, Concordium JV to provide blockchain technologies, services in China

The JV will provide blockchain business models and assist customers in building business use-cases and solutions in various industries by focusing on relevant cutting-edge technologies like digital Identity, regulatory and privacy enhancement technologies. New Delhi: The Concordium Foundation and the Geely Holding Group have signed a joint venture (JV) agreement to offer businesses and customers… Continue reading Geely, Concordium JV to provide blockchain technologies, services in China

@Renault: GROUPE RENAULT : 2020 FINANCIAL RESULTS000174

PRESS RELEASE                                                                                                                                    #RenaultResults2020 FINANCIAL RESULTS: A year of contrastsThe strong improvement in operating profitability in the second half shows the first positive impacts of the actions taken in the context of a year heavily impacted by Covid-19.The results for the second half of 2020 (Group operating margin at 3.5% and positive Automotive operational free cash… Continue reading @Renault: GROUPE RENAULT : 2020 FINANCIAL RESULTS000174

@niche: New dealership in Belgium highlights Donkervoort’s expansion strategy000547

Cycling legend Tom Boonen joins the Donkervoort team in Belgium. A new Donkervoort dealership has confirmed the growing demand for Donkervoort Automobielen’s 2G supercars. Iconic Cars in Zandhoven has become a Donkervoort dealer for Belgium, joining other dealerships in Paris, Munich, Düsseldorf and Geneva. Developed by experienced dealer Steve Lismont and former cycling World Champion… Continue reading @niche: New dealership in Belgium highlights Donkervoort’s expansion strategy000547

Jaguar J-Pace large electric SUV likely axed as part of new strategy

Jaguar has axed plans for its much-rumoured all-electric J-Pace luxury SUV as part of the British brand’s new ‘Reimagine’ business plan, that will see the firm become an EV-only manufacturer by 2025. Jaguar Land Rover’s new boss, Thierry Bolloré, confirmed that the all-electric XJ large saloon car was no longer part of the firm’s future… Continue reading Jaguar J-Pace large electric SUV likely axed as part of new strategy

William L. Kozyra to Retire as President & CEO of TI Fluid Systems, as Hans Dieltjens, Executive Vice President Prepares for Succession

AUBURN HILLS, Michigan (February 17, 2021) — TI Fluid Systems (LSE:TIFS), announces today that William L. Kozyra will retire as President and Chief Executive Officer and step down from the Board of Directors in the fourth quarter of this year, following an orderly transition to his successor, Hans Dieltjens. Hans Dieltjens will take on the… Continue reading William L. Kozyra to Retire as President & CEO of TI Fluid Systems, as Hans Dieltjens, Executive Vice President Prepares for Succession

Bosch teams up with Microsoft to develop software-defined vehicle platform for seamless integration between cars and cloud

Mobility Solutions is the largest Bosch Group business sector. It generated sales of 46.8 billion euros in 2019, and thus contributed 60 percent of total sales from operations. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is safe, sustainable, and exciting,… Continue reading Bosch teams up with Microsoft to develop software-defined vehicle platform for seamless integration between cars and cloud

@Groupe PSA: PR Upcoming change in ownership structure opens new perspectives for Faurecia, to be presented at its Capital Markets Day on 22 February 2021001222

Texte The completion of the FCA and Groupe PSA merger, effective since 16 January 2021, has given rise to the new Stellantis group, which is now Faurecia’s main shareholder. Faurecia welcomes the decision of Stellantis to distribute in kind to its shareholders its Faurecia shares representing c. 39% of the capital of the company, to… Continue reading @Groupe PSA: PR Upcoming change in ownership structure opens new perspectives for Faurecia, to be presented at its Capital Markets Day on 22 February 2021001222

Bamboo, Grupo Antolin’s sustainable option to dress the car, now with EPD certificate

Grupo Antolin has improved the sustainability of eBú, its natural bamboo fabric, as part of its commitment to develop more sustainable and environmentally friendly components within its innovation strategy. The fabric has obtained the EPD ecolabel (Environmental Product Declaration). As the new EPD ecolabel certifies, the eBú is the first and only bamboo fibre fabric… Continue reading Bamboo, Grupo Antolin’s sustainable option to dress the car, now with EPD certificate

@Daimler: Daimler confident for 2021

Financial results 2020 significantly better than expected amid COVID-19 challenges Net profit increased by 48% to €4.0 billion (2019: €2.7 billion) Net liquidity of the industrial business of €17.9 billion (end of Q3 2020: €13.1 billion/end of 2019: €11.0 billion) Dividend proposed of €1.35 per share (2019: €0.90) Daimler Group expects sales, revenues and EBIT… Continue reading @Daimler: Daimler confident for 2021

@Mitsubishi: OUTLANDER PHEV Became Europe’s Best-selling Plug-in Hybrid SUV in 2020

TOKYO, Feb 18, 2021 – (JCN Newswire) – MITSUBISHI MOTORS CORPORATION (MMC) announced that the OUTLANDER PHEV has closed out 2020 as Europe’s best-selling plug-in hybrid SUV. A total of 26,673 units were sold across Europe in 2020, and the OUTLANDER PHEV became the second best-selling plug-in hybrid across all segments(1). The OUTLANDER PHEV is… Continue reading @Mitsubishi: OUTLANDER PHEV Became Europe’s Best-selling Plug-in Hybrid SUV in 2020