BMW Group acquires Parkmobile, LLC to become world’s leading provider of digital parking solutions

Munich. The BMW Group has acquired Parkmobile, LLC, the largest provider of mobile parking services in North America, in January 2018, making the BMW Group the leading international provider of digital parking solutions. With its corporate strategy NUMBER ONE > NEXT, the BMW Group is firmly focused on the mobility of the future and investing… Continue reading BMW Group acquires Parkmobile, LLC to become world’s leading provider of digital parking solutions

SEAT to showcase the present and future of the automobile at the Mobile World Congress 2018

SEAT is attending the Mobile World Congress 2018 with a spectacular portfolio full of developments in connectivity. Participating this year for the fourth time in a row, the brand is going to showcase its latest solutions and advances in Easy Mobility, which is its strategy for developing future mobility. The fully customisable SEAT Simulator, the… Continue reading SEAT to showcase the present and future of the automobile at the Mobile World Congress 2018

Electromobility driver at car manufacturers: These men trim German carmakers on electric

All articles and backgrounds 01/16/2018 Electromobility driver at car manufacturers These men trim German carmakers on electric AUDI Audi e-tron quattro: The electric SUV comes in 2018 to the dealers Germany’s automakers are facing a feat of strength this year: they need to invest a lot of money to make their electric car announcements come… Continue reading Electromobility driver at car manufacturers: These men trim German carmakers on electric

UPDATE 1-Fiat Chrysler CEO says no plans to sell brands to Chinese

DETROIT (Reuters) – Fiat Chrysler Automobiles NV’s (FCA) (FCHA.MI) (FCAU.N) has no intention of breaking up the company or selling individual brands to China or other parties, the company’s chief executive said on Monday, adding that the group was counting on its coveted Jeep brand to drive future profits. “We’re not going to break up… Continue reading UPDATE 1-Fiat Chrysler CEO says no plans to sell brands to Chinese

Fiat Chrysler boss says no plans to break up company

DETROIT (Reuters) – Fiat Chrysler Automobiles NV’s (FCHA.MI) (FCAU.N) CEO has no intention of breaking up the company or selling off individual brands to China or any other parties, he said on Monday, adding the group was counting on its coveted Jeep brand to drive profit. Speaking at the Detroit auto show, Chief Executive Sergio… Continue reading Fiat Chrysler boss says no plans to break up company

Renault beats its third consecutive sales record

Renault and its Nissan and Mitsubishi partners will they be able to claim first step of the podium of automakers in 2017 ? It will be necessary to wait for the commercial results of the other actors, at the beginning of February, to know it, but the French manufacturer will in any case largely made… Continue reading Renault beats its third consecutive sales record

Faurecia and MAHLE to collaborate on technologies for thermal management of the Cockpit of the Future

Within the framework of this cooperation, Faurecia will bring its unique expertise as a full interior system integrator. MAHLE adds its holistic thermal expertise for passenger comfort and energy efficiency. The two companies have already identified several potential collaboration fields addressing topics such as air distribution, air conditioning integration solutions for electric vehicles and the… Continue reading Faurecia and MAHLE to collaborate on technologies for thermal management of the Cockpit of the Future

BMW Group Press Conference, North American International Auto Show, NAIAS Detroit 2018

And we expect more than 20% of US 5 Series sales in 2018 will be Plug-in-Electric Hybrids With increased customer demand for our electrified models, the US plays a vital role in our global electrification strategy. To keep the momentum going, the new and updated 2018 BMW i8 Coupe here on stage makes its World… Continue reading BMW Group Press Conference, North American International Auto Show, NAIAS Detroit 2018

Shell Acquires Interest in Silicon Ranch Corporation

NASHVILLE, Tenn., Jan. 15, 2018 /PRNewswire/ — Silicon Ranch Corporation, a leading U.S. developer, owner, and operator of solar energy plants, announced today that it has signed an agreement to make Shell its largest shareholder. As part of the agreement, Shell will acquire a 43.83% interest in Silicon Ranch from Partners Group, the global private markets… Continue reading Shell Acquires Interest in Silicon Ranch Corporation

BRIEF-Fiat Chrysler CEO: makes more sense to buy back shares than pay dividends

Jan 15 (Reuters) – Fiat Chrysler Automobiles (FCA) CEO Sergio Marchionne told reporters in Detroit: * BELIEVES MAKES MORE SENSE TO USE CASH TO BUY BACK SHARES THAN TO PAY OUT DIVIDEND * WHEN ASKED ABOUT A POTENTIAL JEEP SPIN-OFF, SAYS SEPARATING BRANDS FROM THE GROUP IS A “COMPLEX MATTER”, WOULD NOT DISTANCE HIMSELF FROM… Continue reading BRIEF-Fiat Chrysler CEO: makes more sense to buy back shares than pay dividends