Today, at the IAA Commercial Vehicles in Hanover, Germany, TRATON AG (“TRATON”) and Solera Holdings, Inc. (“Solera”) announced a strategic partnership aimed to shape the future digital landscape of global transportation and logistics. This collaboration includes fleet management, driver services and digital sales solutions for participants in the global commercial vehicle ecosystem. The decision to… Continue reading TRATON GROUP and Solera launch strategic partnership to shape the digital world in transportation and logistics
Tag: Strategy
Alfa Laval Packinox Joins Honeywell Connected Plant Program
DES PLAINES, Ill., Sept. 18, 2018 /PRNewswire/ — Honeywell (NYSE: HON) UOP today announced Alfa Laval Packinox has joined its Honeywell Connected Plant initiative to help refiners make their operations safer, more efficient and more reliable. Through the Honeywell Connected Plant initiative, Alfa Laval can help refiners and petrochemical producers improve the ease of operation and… Continue reading Alfa Laval Packinox Joins Honeywell Connected Plant Program
Volkswagen Group expands its activities for Intelligent Transport Systems (ITS)
The Volkswagen Group is presenting its activities in the intelligent transport of people and goods at the 25th ITS World Congress in Copenhagen (17 – 21 September 2018). As a member of ERTICO – ITS Europe, a network of more than 100 partners, the Group and its brands are partnering actively with cities to implement… Continue reading Volkswagen Group expands its activities for Intelligent Transport Systems (ITS)
Volkswagen is pushing forward preparations for potential IPO of TRATON GROUP
Volkswagen is pushing forward preparations for a potential Initial Public Offering (IPO) of TRATON GROUP. Further steps to this end were decided by the Volkswagen AG Supervisory Board in today’s meeting. TRATON GROUP will now strengthen the team preparing a potential IPO with external experts. For this purpose, investment banks and legal advisors will be… Continue reading Volkswagen is pushing forward preparations for potential IPO of TRATON GROUP
Go-Jek plans to raise $2B more for Southeast Asia ride-hailing battle
Indonesia’s Go-Jek is planning to raise $2 billion from investors to fuel its ride-hailing battle with Grab in Southeast Asia. Go-Jek raised $1.5 billion earlier this year from investors that include Chinese trio Tencent, Meituan and JD.com, as well as Google, Allianz and Singapore sovereign fund Temasek. Now it is planning to raise a further… Continue reading Go-Jek plans to raise $2B more for Southeast Asia ride-hailing battle
Ferrari investors want assurance on targets and SUV plans
MILAN (Reuters) – Ferrari’s (RACE.MI) new boss has his work cut out on Tuesday to convince investors that the supercar maker can hit mid-term targets he described last month as “aspirational”. FILE PHOTO: The new Ferrari 488 Pista during a presentation at the 88th International Motor Show at Palexpo in Geneva, Switzerland, March 6, 2018.… Continue reading Ferrari investors want assurance on targets and SUV plans
Statement on FAZ Regarding Daimler AG: No intention to increase stake
“ Zhejiang Geely Holding Group (Geely Holding) has noted media speculation in Frankfurter Allgemeine Zeitung (FAZ) concerning its alleged interest in increasing its strategic investment in Daimler AG. To avoid unnecessary speculation, Geely Holding has today issued the following statement: Zhejiang Geely Holding Group (Geely Holding) has noted the speculative media report carried by Frankfurter… Continue reading Statement on FAZ Regarding Daimler AG: No intention to increase stake
The BMW Vision iNEXT. Future focused.
iNEXT– the building blocks for the future of the BMW Group.At the BMW AG Annual General Meeting in May 2018, Harald Krüger, Chairman of the Board of Management at the BMW Group, described iNext as follows: “The iNEXT project will provide our building blocks for the future, from which the entire company and all of… Continue reading The BMW Vision iNEXT. Future focused.
BMW drives to cut battery costs, share costs on autonomous vehicles -exec
NEW YORK, Sept 15 (Reuters) – German luxury vehicle maker BMW AG plans more deals with mining companies to secure electric vehicle battery materials, and is open to forming alliances to share the costs of developing autonomous-vehicle systems, the automaker’s research and development chief told Reuters. BMW management board member Klaus Froehlich said automakers and… Continue reading BMW drives to cut battery costs, share costs on autonomous vehicles -exec
Tata Motors cranks out two-platform strategy to rejuvenate product lineup
CHENNAI: As part of its new product strategy, Tata Motors is planning an entire pipeline of models based on a two brand new architecture that will give the company “12-14 new nameplates” by 2022. According to senior company officials, the strategy involves restricting future new products to two platforms – the Alfa architecture and the… Continue reading Tata Motors cranks out two-platform strategy to rejuvenate product lineup