YOKOHAMA, Japan (Reuters) – An external committee tasked with recommending ways to improve governance at Nissan Motor Co said on Wednesday there were sufficient facts to suspect violations of laws and the private use of company funds by ousted chairman Carlos Ghosn. FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn sits inside the car as… Continue reading Nissan committee says facts point to legal violations by former chairman Ghosn
Tag: Strategy
Ford Restructures Russian Joint Venture to Grow Commercial Vehicle Business; Exiting Passenger Vehicle Market in Russia
Supporting Ford’s global redesign strategy to strengthen its leadership in commercial vehicles and growth in Europe, Ford and its partner, Sollers PJSC, confirm the restructuring of their Russian joint venture A restructured Ford Sollers will build on Ford Transit strength as Russia’s top-selling, non-domestic commercial vehicle nameplate and maintains a strong brand presence in the… Continue reading Ford Restructures Russian Joint Venture to Grow Commercial Vehicle Business; Exiting Passenger Vehicle Market in Russia
Amazon, Volkswagen agree strategic partnership for “industry cloud” – report
FILE PHOTO: The logo of Amazon is seen on the door of an Amazon Books retail store in New York City, U.S., February 14, 2019. REUTERS/Brendan McDermid BERLIN (Reuters) – German carmaker Volkswagen and Amazon.com Inc have agreed on a strategic partnership to create a kind of “industry cloud”, for which details will soon be… Continue reading Amazon, Volkswagen agree strategic partnership for “industry cloud” – report
Renault eyes Fiat Chrysler bid after Nissan merger
Consolidation planning at French carmaker marks return of Ghosn-era’s bold strategy Go to Source
Nissan panel to propose bigger role for external directors in Ghosn scandal’s wake
TOKYO (Reuters) – A committee tasked with revamping corporate governance at Nissan Motor Co is expected to recommend on Wednesday a bigger role for external directors in overseeing the Japanese automaker following Carlos Ghosn’s arrest and ouster as chairman. FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn sits inside the car as he leaves his… Continue reading Nissan panel to propose bigger role for external directors in Ghosn scandal’s wake
Lynk&Co tests fifth model in run-up to European launch
The new Lynk&Co 05 SUV-coupé, which is set to rival the BMW X6 and Mercedes-Benz GLE Coupé, has been spotted testing in Germany ahead of an expected unveiling at the Shanghai motor show next month. The high-riding model will be offered by the Chinese brand, which is owned by Volvo parent firm Geely and intends to… Continue reading Lynk&Co tests fifth model in run-up to European launch
Lidar and perception startup Innoviz raises $132 million
Innoviz, the Israel-based startup developing solid-state lidar sensors and perception software for autonomous vehicles, has raised $132 million in a Series C funding round that includes major Chinese financial institutions. The round, which makes Innoviz one of the better capitalized lidar startups, includes China Merchants Capital (SINO-BLR Industrial Investment Fund, L.P.), Shenzhen Capital Group and… Continue reading Lidar and perception startup Innoviz raises $132 million
New management at Volkswagen Group Components
The new Volkswagen Group Components brand is using its cross-brand and international structure to fill some of its management positions. As of 1 March 2019, Heiner Lanze has taken over as Head of Procurement of the newly independent business unit. He succeeds Stephan Beyse, who, as part of a regular rotation, now holds the position… Continue reading New management at Volkswagen Group Components
RCI Bank and Services launches its savings activity in Brazil
In line with its refinancing diversification strategy, RCI Bank and Services is pursuing development of its savings activity – for the first time outside Europe – with the launch of bank certificates of deposit[1] (CDB) for individual customers in Brazil. It is the first finance company to do so in the Brazilian market. RCI Bank… Continue reading RCI Bank and Services launches its savings activity in Brazil
Smarter Cars Podcast Talks LiDAR and Perception Systems with AEye President, Blair LaCorte
Smarter Cars host, Michele Kyrouz, sits down with AEye President, Blair LaCorte to discuss AEye’s cutting-edge technology for autonomous vehicles which fuses cameras and LiDAR to mimic human perception
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Smarter Cars Podcast Talks LiDAR and Perception Systems with AEye President, Blair LaCorte — AEye’s iDAR Shatters Both Range and Scan Rate Performance Records for Automotive Grade LiDARBlair LaCorte Named President of AEyeDeconstructing Two Conventional LiDAR MetricsAEye’s $40M Series B Includes Numerous Automotive Leaders Including Subaru, Hella, LG, and SKThe Future of Autonomous Vehicles: Part I – Think Like a Robot, Perceive Like a HumanAEye Extends Patent Portfolio, Creating Industry’s Most Comprehensive Library of Solid-State Lidar Intellectual PropertyLG Electronics and AEye Announce Strategic Partnership to Address Sensing and Perception Needs of ADAS MarketAEye Adds VP of AI and Software to Executive TeamHella and AEye Extend Strategic Partnership to Deliver Sensing and Perception Solutions for ADAS and Autonomous DrivingAEye Introduces Advanced Mobility Product for the Autonomous Vehicle Market