Service plan provider EMaC has launched an Aftersales Academy, offering free training to dealers on their books to help them maximise aftersales opportunities. The programme includes on-site workshops, webinars, incentives, hosted events and awards for star performers. Modules offer interactive group activities, discussions and self-directed learning to support individuals’ personal development. The academy has been… Continue reading EMaC launches aftersales academy for dealers
Tag: Strategy
Ride-hailing firm Grab is losing its CTO
Grab is once again on the hunt for a CTO after Theo Vassilakis, the former Microsoft and Google executive who currently occupies the role, announced that he will leave the ride-hailing company this summer. Vassilakis became Grab CTO in October 2017, ending a very long search to fill the job, but he explained in a… Continue reading Ride-hailing firm Grab is losing its CTO
Rivian Announces $500 Million Investment from Ford; Partnership to Deliver All-New Ford Battery Electric Vehicle
DEARBORN, Mich.–(BUSINESS WIRE)–Rivian today announced an equity investment of $500 million from Ford Motor Company. In addition to the investment, the companies have agreed to work together to develop an all-new, next-generation battery electric vehicle for Ford’s growing EV portfolio using Rivian’s skateboard platform. “This strategic partnership marks another key milestone in our drive to… Continue reading Rivian Announces $500 Million Investment from Ford; Partnership to Deliver All-New Ford Battery Electric Vehicle
Nissan earnings cut is one symptom of distraction
Quality control issues and strategic errors, such as subsidised sales in the U.S. market, will take time to address given the vastness of the carmaker’s operations. By Pete Sweeney HONG KONG: Nissan is accelerating in the wrong direction. The Japanese carmaker slashed its forecast annual operating income almost one third on Wednesday, the second such… Continue reading Nissan earnings cut is one symptom of distraction
Adding to Ghosn woes, Nissan set to further slash profit outlook: report
TOKYO (Reuters) – Nissan Motor Co Ltd could be heading for a bigger-than-expected earnings drop due to weakness in its top markets, just as it adjusts to a future without Carlos Ghosn and grapples with the outlook of its alliance with France’s Renault SA. FILE PHOTO: A Nissan logo is pictured during the media day… Continue reading Adding to Ghosn woes, Nissan set to further slash profit outlook: report
Canoo, the electric vehicle startup formed from Faraday Future’s ashes, seeks $200 million
Less than a month after rebranding as Canoo, the startup electric vehicle company formerly known as Evelozcity is on the hunt for $200 million in new capital. The startup, which is backed by a clutch of private individuals and family offices hailing from China, Germany and Taiwan, is hoping to line up the new capital… Continue reading Canoo, the electric vehicle startup formed from Faraday Future’s ashes, seeks $200 million
Ford Motor Company, Autonomic, and Amazon Web Services Collaborate to Advance Vehicle Connectivity and Mobility Experiences
PALO ALTO, Calif.–(BUSINESS WIRE)–Ford Motor Company and creators of the Transportation Mobility Cloud (TMC) Autonomic have signed a multi-year, global agreement with Amazon Web Services (AWS), which will expand the availability of cloud connectivity services and connected car application development services for the transportation industry. Through this collaboration, Autonomic’s TMC – the leading automotive cloud… Continue reading Ford Motor Company, Autonomic, and Amazon Web Services Collaborate to Advance Vehicle Connectivity and Mobility Experiences
Allison Transmission Acquires Vantage Power and AxleTech’s Electric Vehicle Systems Division
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, announced today that it has purchased Vantage Power and AxleTech’s electric vehicle (EV) systems division. Allison Transmission has a more than 103-year history of leading technological advancements: from James Allison owning the winning racecar of the Indianapolis… Continue reading Allison Transmission Acquires Vantage Power and AxleTech’s Electric Vehicle Systems Division
Magna Continues to Expand in Morocco With New Mirrors Facility
Greenfield manufacturing plant being built in Kenitra, Morocco$11.3 million investment, 275 jobsStrategic growth to further support customers in the regionAURORA, Ontario, April 23, 2019 (GLOBE NEWSWIRE) — As the auto industry continues to develop in Morocco, Magna also continues to expand its footprint in the country. The company recently broke ground on construction of a… Continue reading Magna Continues to Expand in Morocco With New Mirrors Facility
Audioburst announces additional $10M investment, strengthens strategic partnerships with Dentsu and Hyundai
Audioburst announced two new strategic and investment partnerships totalling over $10M USD from Dentsu Inc., and Hyundai Motor Company in conjunction with existing investors. The next-gen voice-search company plans to build unique advertising and in-car voice-based experiences with the two leading brands. Audioburst also announced plans to formally launch in the Japanese market at the… Continue reading Audioburst announces additional $10M investment, strengthens strategic partnerships with Dentsu and Hyundai