Ties corporate credit lines to measured ESG goals, a first for a North America auto manufacturer Demonstrates financial market leadership in corporate transition away from LIBOR, with first large syndicated corporate loan priced directly off of SOFR DEARBORN, Mich., Sept. 29, 2021 – Ford today announced the extension of $15.5 billion in revolving credit lines,… Continue reading @Ford: Ford Renews $15.5 Billion in Revolving Corporate Credit Lines, Aligning Them With Sustainability Priorities in Ford+ Strategic Plan
Tag: Strategy
@GM: General Motors’ New Ultifi Platform Reimagines What it Means to Own a Vehicle September 29, 2021
Strategy is part of GM’s pursuit to grow revenue beyond vehicle sales and earn customer loyalty for a lifetime DETROIT – Today, General Motors announced Ultifi, its end-to-end software platform designed to unlock new vehicle experiences and connect customers’ digital lives. Ultifi will help enable the frequent and seamless delivery of software-defined features, apps and… Continue reading @GM: General Motors’ New Ultifi Platform Reimagines What it Means to Own a Vehicle September 29, 2021
@Groupe PSA: PR Full of Emotions: Different Development Approach for New Opel Astra002565
New way: Vehicle development focuses on “perceived quality” New management: Half of Chief Engineer Mariella Vogler’s team consists of women New sounds: Specially composed soundscape for the new Astra Rüsselsheim. The new Astra celebrated its world premiere at Opel’s headquarters in Rüsselsheim on September 1. With its bold and pure design, the Astra, which is… Continue reading @Groupe PSA: PR Full of Emotions: Different Development Approach for New Opel Astra002565
New automotive production site in Shenyang: Grammer continuing to expand in China
Grammer pursuing its growth strategy in China with an expanded footprint State-of-the-art production of high-quality interior components started in July Further expansion stages already being planned for new site in Shenyang Grammer AG, September 29, 2021 – Grammer is expanding in the Chinese automotive market: On September 28, 2021, the company opened a new… Continue reading New automotive production site in Shenyang: Grammer continuing to expand in China
@BMW: A PROPHECY FULFILLED, A PROMISE KEPT, A REMARKABLE UNDERTAKING UNDERWAY. ROLLS-ROYCE MOTOR CARS ANNOUNCES FIRST FULLY ELECTRIC CAR001480
CEO, Torsten Müller-Ötvös, announces Rolls-Royce’s first fully electric car Finished product will come to market in Q4 2023 New product named ‘Spectre’ Electric Rolls-Royce fulfils the 1900 prophecy of the marque’s founder, Charles Rolls A promise kept by CEO, who pledged to bring an electric car to market this decade Global testing will cover 2.5… Continue reading @BMW: A PROPHECY FULFILLED, A PROMISE KEPT, A REMARKABLE UNDERTAKING UNDERWAY. ROLLS-ROYCE MOTOR CARS ANNOUNCES FIRST FULLY ELECTRIC CAR001480
@VW Group: Under the skin of the Mission R003922
It garnered a lot of attention at the International Motor Show (IAA) in Munich in early September: the Mission R. The all-electric racing car is, for now, just a vision. An idea of what the future design language might look like –demonstrated by the concept car for an all-electric customer racing vehicle from Porsche. The design – both the… Continue reading @VW Group: Under the skin of the Mission R003922
Toyota’s Woven Planet acquires vehicle operating system developer Renovo Motors
Toyota subsidiary Woven Planet Holdings has made its third acquisition in less than a year in its bid to invest in, develop and eventually bring future-of-transportation technologies like automated driving to market. This time, it’s Renovo Motors, the automotive operating system developer based in Silicon Valley that made its first big splash in 2015, when… Continue reading Toyota’s Woven Planet acquires vehicle operating system developer Renovo Motors
Mazda Motor Europe chooses VTEX to power its commercial digital transformation in 22 countries
LONDON, Sept. 28, 2021 /PRNewswire/ — VTEX (NYSE: VTEX), the enterprise digital commerce platform for premier brands and retailers, the leader in accelerating the digital commerce transformation in Latin America and now expanding globally, is proud to announce it has signed an agreement to power Mazda Motor Europe’s digital commerce operations in the region. With VTEX,… Continue reading Mazda Motor Europe chooses VTEX to power its commercial digital transformation in 22 countries
@VW Group: The oil trick with hydrogen003915
Green hydrogen is considered one of the most important components of the energy transition sought the world over. Generated via electrolysis from renewable energies like wind or solar power without emitting greenhouse gases, it will play an essential transformative role in many areas of the economy—from the steel industry to glass production. One challenge is… Continue reading @VW Group: The oil trick with hydrogen003915
@VW Group: Porsche in China: uniting trends and tradition003914
In China, the smartphone plays a key role in daily life. Which Chinese app is particularly important for you? Dr. Jens Puttfarcken: My two most important apps are WeChat and Alipay. I use Alipay to pay for things and to gain access to buildings. But I can also use the app to book a bike… Continue reading @VW Group: Porsche in China: uniting trends and tradition003914