Tag: Mobility

NAVYA signed a memorandum of understanding with ESMO Corporation

To build a strategic partnership to address the North East Asia market, NAVYA signed a memorandum of understanding with ESMO Corporation Commitment by ESMO Corporation to subscribe to bonds repayable in cash or into new or existing shares (ORNANE) for a total consideration of€20 million Villeurbanne, France, June 28, 2019 – 8:00 am CEST –… Continue reading NAVYA signed a memorandum of understanding with ESMO Corporation

Lyft expands bike rentals to Washington DC

Sponsored Links ASSOCIATED PRESS Lyft has expanded beyond traditional rideshare and into other areas like car rentals and transport to and from events. Now, it is updating its app to provide bike-sharing services in the Washington, DC area through Capital Bikeshare, joining New York and San Francisco in offering both cycles and cars from a… Continue reading Lyft expands bike rentals to Washington DC

BMW boss apparently has to fear for his post

The contract of BMW boss Harald Krüger could not be extended, according to “Handelsblatt”. The company is silent on the report. BMW boss Harald Krüger Friday, 28.06.2019 07:51 clock at BMW Apparently a power poker has flared up around the chief post. According to “Handelsblatt” The supervisory board of the car company wants to decide… Continue reading BMW boss apparently has to fear for his post

The future of BMW’s boss in suspense

Harald Krüger is apparently worried about his future at the helm of Bavarian automaker BMW. His contract, which expires in May 2020, may not be renewed, according to the daily “Handelsblatt”. “An extension is no longer considered within the group as the most likely variant,” writes Friday the German business newspaper, while the supervisory board… Continue reading The future of BMW’s boss in suspense

WABCO Shareholders Approve ZF Friedrichshafen Acquisition

BERN, Switzerland, June 27, 2019 (GLOBE NEWSWIRE) — WABCO Holdings (“WABCO”) (NYSE: WBC), a leading global supplier of technologies and services that improve the safety, efficiency and connectivity of commercial vehicles, today welcomed the decision by its shareholders to approve the company’s acquisition by ZF Friedrichshafen AG (“ZF”), a privately held global technology company and… Continue reading WABCO Shareholders Approve ZF Friedrichshafen Acquisition

Faurecia invests 25 million in a center to improve hydrogen fuel tanks

MADRID, June 28 (EUROPA PRESS) – The manufacturer of components for automobiles Faurecia will invest 25 million euros in a research center to improve the development of hydrogen fuel tanks. According to the company in a press release, of this amount, 4.9 million euros belong to a subsidy granted by the Bourgogne-Franche-Comté region (France). In… Continue reading Faurecia invests 25 million in a center to improve hydrogen fuel tanks

Investment in change | AlixPartners analysis

The analysis and consulting firm AlixPartners sees high investments in the auto industry. The fat years are over, that’s how you could put it. Because the car industry has the long jump in the change dare and that comes at a cost. At the consulting firm AlixPartners speaks of the “profit desert”, because you currently… Continue reading Investment in change | AlixPartners analysis

With Traton, Volkswagen sends its trucks on the stock market

Volkswagen’s trucks and buses hit the stock market. Traton, the truck branch of the manufacturer, which includes the brands MAN and Scania, makes its introduction this Friday in Frankfurt and Stockholm. But it does not arrive on the hats of wheels: at 27 euros the action, the price is in the low range Volkswagen plans,… Continue reading With Traton, Volkswagen sends its trucks on the stock market