SEAT President Luca de Meo, SEAT Vice-President for Purchasing Klaus Ziegler, and Mourad Oulmi, the CEO of SOVAC and SOVAC Production, SEAT’s importer and the assembly partner of the Volkswagen Group in Algeria, met with Algerian Prime Minister Ahmed Ouyahia and Industry Minister Youcef Yousfi to discuss the future of the automotive industry in Algeria… Continue reading SEAT accelerates its international offensive, expands strategic operations in Algeria
Tag: Strategy
PSA wants to deploy Opel out of Europe
It’s a beginning. While Opel wants to enter twenty new countries in five years, the new property of PSA will start by pushing the fires in Chile and Ukraine, two countries where the mark with the lightning is already present epsilonnesque. Along the Andes Cordillera, “we want to triple or quadruple sales in 2018,” says… Continue reading PSA wants to deploy Opel out of Europe
Turo car sharing marketplace launches in Germany
Peer-to-peer car sharing platform Turo is expanding to Germany officially starting today, after acquiring Daimler’s Croove in-house product forpvoding essentially the same service last September. Turo also received a significant strategic investment from Daimler at the same time as it acquired the automaker’s cars sharing experiment, and it now operates peer-to-peer rental services in the… Continue reading Turo car sharing marketplace launches in Germany
Tesla Executive Appointed to Call2Recycle’s Board of Directors
ATLANTA, Jan. 18, 2018 /PRNewswire-USNewswire/ — Call2Recycle, Inc., North America’s first and largest consumer battery stewardship organization, announced today that Susan Repo, the Corporate Treasurer and Vice President of Finance at Tesla, Inc., will be joining the organization’s United States Board of Directors. At Tesla, Ms. Repo is responsible for shaping and building capital structure, including… Continue reading Tesla Executive Appointed to Call2Recycle’s Board of Directors
Ford Veteran Jim Benintende Named AutoAlert Chief Operations Officer
KANSAS CITY, Mo., Jan. 18, 2018 /PRNewswire/ — AutoAlert is pleased to announce that its new COO is long-time Ford Motor Co. executive Jim Benintende. A Ford employee who started on the assembly line, he eventually became the first President of its Middle East and Africa (MEA) business unit. Benintende led that venture from its… Continue reading Ford Veteran Jim Benintende Named AutoAlert Chief Operations Officer
New market potentials in Africa – Volkswagen founds company for mobility solutions in Rwanda
Volkswagen founds company for mobility solutions in Rwanda: Thomas Schäfer, CEO of the Volkswagen Group South Africa, and Claire Akamanzi, CEO of the Rwanda Development Board, at today’s press briefing in Kigali. Volkswagen is taking the next step to develop the African sub-continent: as planned, the brand has founded “Volkswagen Mobility Solutions Rwanda”, a company… Continue reading New market potentials in Africa – Volkswagen founds company for mobility solutions in Rwanda
Google, Temasek to join as new investors in Go-Jek’s $1.2b funding round
January 18, 2018 Alphabet Inc’s Google , Singapore state investor Temasek Holdings Pte Ltd and Chinese online platform Meituan-Dianping are investing in a fundraising round of Indonesian ride-hailing start-up Go-Jek, sources familiar with the matter said. Go-Jek’s existing investors such as global private equity firms KKR & Co LP and Warburg Pincus LLC are also… Continue reading Google, Temasek to join as new investors in Go-Jek’s $1.2b funding round
Millers Oils Ltd acquires Fuel Additive Science Technologies Ltd
Millers Oils Ltd has announced the acquisition of Fuel Additive Science Technologies Ltd (FAST). By acquiring FAST, Millers Oils – the independent blender and supplier of advanced oils, lubricants and fuel treatments – will also take ownership of the established Exocet brand, a range of fuel additives and treatments used in a wide range of… Continue reading Millers Oils Ltd acquires Fuel Additive Science Technologies Ltd
Lucie Vigier Appointed Head of Corporate Finance and Treasury
With effect from February 1st 2018, Lucie Vigier is appointed Head of Corporate Finance and Treasury. She will report to Jean Baptiste de Chatillon, CFO and Member of the Managing Board. Lucie Vigier joined the Groupe PSA in 1990 and was previously appointed Head of Corporate finance in 2012, with remarkable achievements. She contributed to… Continue reading Lucie Vigier Appointed Head of Corporate Finance and Treasury
PSA shows (strong) ambitions in the electric
For PSA, the future will be electric. Strong results in 2017, The Lion brand announced Wednesday that it would propose by 2025 an electric version of its entire range of vehicles, to continue to position itself in a buoyant segment. Speaking at the Automotive News World Congress in Detroit, Carlos Tavares assured that by 2025… Continue reading PSA shows (strong) ambitions in the electric