LG Chem signs battery pact with Vietnam��s carmaker VinFast South Korea��s to secondary battery maker LG Chem Ltd. signed a memorandum of understanding with Vietnam��s first finished car maker VinFast to cooperate in future mobility and other areas in the third important market for Korean exports. According to industry sources and Vietnamese media reports on… Continue reading LG Chem signs battery pact with Vietnam’s carmaker VinFast
Tag: Strategy
Aston Martin picks Hughes to steer car-maker’s £5bn public debut
A former Coca-Cola executive who is one of Britain’s most experienced boardroom figures has been lined up to steer Aston Martin’s £5bn drive onto the London stock market. Sky News can exclusively reveal that Penny Hughes will become the first female chair of a British car-maker when the luxury marque lists its shares in the… Continue reading Aston Martin picks Hughes to steer car-maker’s £5bn public debut
Nissan redraws India strategy, to focus on premium cars
NEW DELHI (Reuters) – Nissan Motor Co (7201.T) will produce and sell only premium vehicles in India, while using its sister brand Datsun to crack the mass budget car market, in a revamp of its strategy in the country, a company executive said on Thursday. FILE PHOTO: Logo of the Nissan Motor Co. is displayed… Continue reading Nissan redraws India strategy, to focus on premium cars
According to Brandbrief: Forecasts missed and confidence lost – Continental needs the turnaround
loss of confidence Investors have used a massive loss of confidence. Investors find it hard to believe what the Conti leadership promises. (Photo: AP) At the end of July there is still a spirit of optimism in Hanover. Conti boss Elmar Degenhart picks up a spade and shovels sand properly. The start of construction for… Continue reading According to Brandbrief: Forecasts missed and confidence lost – Continental needs the turnaround
UK’s largest van companies’ agree to go electric
“ Tesco, along with several other companies, have joined forces to implement a clean van scheme. 16 of the UK’s largest fleet companies are set to launch the Clean Van Commitment, led by Global Action Plan, to signal their promise to the environment. They have pledged to invest £40 million in rolling out zero emission… Continue reading UK’s largest van companies’ agree to go electric
Controller and sales expert: Ex-Audi CEO Dieter Voggenreiter has a new job – he becomes a consultant
Dietmar Voggenreiter From 1997 to 2001 he worked for Horváth & Partners. (Photo: Audi) MunichIt should be a liberation. Swapped in early September 2017 AudiCEO Rupert Stadler made four directors to the lurching VWDaughter back on track. Dietmar Voggenreiter was one of those who had been killed. The Chief Sales Officer had to pay for… Continue reading Controller and sales expert: Ex-Audi CEO Dieter Voggenreiter has a new job – he becomes a consultant
Ford Mach 1 EV: Mustang-inspired crossover teased in new image
The end of the Fiesta in the USA had been rumoured for some time, because fuel prices have dropped and the economy recovered, allowing US buyers to return to their preferred larger vehicles. Decisions on the replacements for the Fusion and Taurus have been pending for a couple of years too. Ford’s new CEO, Jim… Continue reading Ford Mach 1 EV: Mustang-inspired crossover teased in new image
Nissan India to double sales points in 3 years; hire 1,500 people
New Delhi: Japanese auto maker Nissan is looking to double its sales and service touchpoints in the next three years, while also building a strong line up for Datsun brand in India, as part of its efforts to control the declining sales and share. The company, which currently has 270 touchpoints, also plans to hire… Continue reading Nissan India to double sales points in 3 years; hire 1,500 people
Plan to hire 1,500 people in India: Nissan
NEW DELHI: Japanese auto major Nissan announced Thursday plans to hire 1,500 people in India to strengthen R&D and global digital hub while also stating that it would go for “voluntary separation” at its Chennai manufacturing unit. The company, which is seeking to revive its presence in India, said it would go for separate dealerships… Continue reading Plan to hire 1,500 people in India: Nissan
Bajaj Auto plots aggressive strategy to gain market share
Bajaj Auto is on a roll. Its sales numbers are up and about in the domestic market and exports are roaring too. And there’s more to come because Rajiv Bajaj, managing director, Bajaj Auto, has hinted at an aggressive go-to-market strategy designed to accelerate growth in the domestic market. At the annual general meeting held… Continue reading Bajaj Auto plots aggressive strategy to gain market share