Munich. The future of driving pleasure is approaching fast and the BMW iNEXT takes the next hurdle of its path to serial production maturity. The winter test centre of the BMW Group in Arjeplog, Sweden is the setting for the current complete vehicle tests, which serve to optimise, examine and harmonise all drive, chassis and… Continue reading BMW iNEXT undergoes winter trial tests: advancing the future of driving pleasure at the polar circle.
Tag: Strategy
KAR Auction Services completes acquisition of CarsOnTheWeb
KAR Auction Services, the parent company of ADESA UK, has completed its acquisition of online auction business CarsOnTheWeb. The £80 million deal will enable US-based KAR to expand its remarketing and technology services in Europe. CarsOnTheWeb is a Beligium-based business that provides an online wholesale vehicle auction marketplace that can connect OEMs, fleet owners, wholesalers and dealers… Continue reading KAR Auction Services completes acquisition of CarsOnTheWeb
Bosch plans takeover of LAWA Solutions
Bosch Service Solutions is a leading global supplier of Business Process Outsourcing for complex business processes and services. Using the latest technology and the Internet of Things, the Bosch division develops integrated and innovative service solutions in the areas of Mobility, Monitoring, and Customer Experience. Around 9,500 associates at 28 locations support national and international… Continue reading Bosch plans takeover of LAWA Solutions
Marshall acquires two Škoda dealerships to extend brand reach
Marshall Motor Holdings plc has acquired Škoda Leicester and Nottingham. Having gone into effect on 1 February 2019, both dealerships will be rebranded as Marshall Škoda with immediate effect. Daksh Gupta, Marshall Motor Holdings plc chief executive said: “This acquisition is in line with our strategy of growth with existing brand partners in new geographic… Continue reading Marshall acquires two Škoda dealerships to extend brand reach
Germany edges out China in Bolivia in the new lithium ‘Great Game’ – The Japan Times
UYUNI, BOLIVIA/BERLIN – When Germany signed a deal last month to help Bolivia exploit its huge lithium reserves, it hailed the venture as a deepening of economic ties with the South American country. But it also gives Germany entry into the new “Great Game” in which big powers like China are jostling across the globe… Continue reading Germany edges out China in Bolivia in the new lithium ‘Great Game’ – The Japan Times
Mercedes-Benz Could Partner With Tesla Again, Says Daimler CEO In Wake Of Failed Electric Strategy – Forbes
Nine years ago, in May 2009, Daimler, the parent company of Mercedes-Benz, and Tesla signed a partnership and began working closely together on electric vehicles.Mercedes-Benz On Monday, Polish newspaper Rzeczpospolita published an interview of Dieter Zetsche in which the Daimler CEO didn’t rule out a future partnership with Tesla, weeks only after the American automaker outsold Mercedes-Benz… Continue reading Mercedes-Benz Could Partner With Tesla Again, Says Daimler CEO In Wake Of Failed Electric Strategy – Forbes
Goodyear Acquires Weeting Tyres
Acquisition aligns with Goodyear’s strategy Weeting Tyres branches to remain part of the HiQ Network, under Goodyear ownership Birmingham, UK, 4th February 2019 – Goodyear Dunlop Tyres UK Ltd announced today that it acquires Weeting Tyres, a leading tyre retail company based in Norfolk, Suffolk and Essex, UK. The retailer, Weeting Tyres, currently operates as… Continue reading Goodyear Acquires Weeting Tyres
KAR finalises COTW takeover
KAR Auction Services, the U.S.-based global remarketing player, has finalised its takeover of CarsOnTheWeb (COTW), the Europe-wide online vehicle auction specialist based in Belgium. With the acquisition of COTW, KAR improves its strategic position and expands its geographic coverage, which until now comprised North America and the United Kingdom, to include continental Europe. COTW… Continue reading KAR finalises COTW takeover
Nissan: Alliance members achieve combined sales of 10.76 millions units in 2018
PARIS/ TOKYO – Combined sales by Renault, Nissan and Mitsubishi Motors rise 1.4% to 10.76 million units in 2018 – one in nine of all cars and light commercial vehicles sold worldwide Total sales of Light Commercial Vehicles (LCVs) rise 13.5% to 2 million Cumulative sales of electric vehicles up 34% year-over-year, to 725,000 electric… Continue reading Nissan: Alliance members achieve combined sales of 10.76 millions units in 2018
Mazda Motor Europe announces new global and European appointments
Mazda Motor Europe (MME) today announced that Colin Maddocks, currently Chief Financial Officer at MME, will take on the newly appointed role of Vice President and Chief Sales Finance Officer for Europe and North America with immediate effect. In his new role, Colin will have responsibility for leading the development and implementation of Mazda’s strategy… Continue reading Mazda Motor Europe announces new global and European appointments