A Turning Point for EV Development: Hyundai Motor Group’s E-GMP – Hyundai Motor Group TECH We use cookies to improve our site and your experience. By using this site, you agree to our TERMS OF USE Close The E-GMP, the Hyundai Motor Group’s first dedicated platform for battery electric vehicles (BEVs), is the culmination of… Continue reading @Hyundai: A Turning Point for EV Development: Hyundai Motor Group’s E-GMP
Tag: Strategy
SoftBank, Volvo back Flock Freight with $113.5M to help shippers share the load
Everyday thousands of trucks carry freight along U.S. highways, propelling the economy forward as consumer goods, electronics, cars and agriculture make their way to distribution centers, stores and eventually households. It’s inside these trucks — many of which sit half empty — where Flock Freight, a five-year-old startup out of San Diego, believes it can… Continue reading SoftBank, Volvo back Flock Freight with $113.5M to help shippers share the load
VW seeks to avert crisis after CEO demands confidence vote
By Jan Schwartz, Edward Taylor 5 Min Read FRANKFURT (Reuters) – Volkswagen, the world’s largest vehicle maker by sales, risked a leadership crisis on Tuesday after Chief Executive Herbert Diess forced a vote of confidence in his reform efforts by asking for an early contract extension. FILE PHOTO: Volkswagen Group Chief Executive Officer Herbert Diess… Continue reading VW seeks to avert crisis after CEO demands confidence vote
@Groupe PSA: PR PSA Aftermarket offers e-payment facilities for its after-sales customers in partnership with Score & Secure Payment (SSP)000741
Groupe PSA launches within its repair network, as well as within Eurorepar Car Service a new dynamic incoming payment solution offered by Score & Secure Payment (SSP), a fintech specializing in the entire value chain of payment, acceptance, acquisition, processing, security and recovery through redemption of claims.In an increasingly digitalized economic environment, the customers are… Continue reading @Groupe PSA: PR PSA Aftermarket offers e-payment facilities for its after-sales customers in partnership with Score & Secure Payment (SSP)000741
@Daimler: Daimler’s Lab1886 innovation forge to be reorganised
The main components of Lab1886 will be acquired by RB-Capital GmbH, majority-owned by GFT founder Ulrich Dietz. Daimler will hold a minority interest in the resulting 1886Ventures innovation platform. A further 10% of 1886Ventures will be held by the globally active software company GFT Technologies SE. A substantial part of the team of the former… Continue reading @Daimler: Daimler’s Lab1886 innovation forge to be reorganised
Timken Acquires Aurora Bearing Co.
NORTH CANTON, Ohio, Dec. 1, 2020 /PRNewswire/ — The Timken Company (NYSE: TKR), a world leader in engineered bearings and power transmission products, has acquired the assets of Aurora Bearing Company (Aurora). Aurora manufactures rod ends and spherical plain bearings, which serve a diverse range of industrial sectors, including aerospace and defense, racing, off-highway equipment and… Continue reading Timken Acquires Aurora Bearing Co.
Hertz to Sell Donlen for at Least $875 Million
Hertz Global Holdings has entered into a stock and asset purchase agreement to sell substantially all of the assets of its wholly-owned fleet management subsidiary, Donlen, to Athene Holding, a leading financial services company. Graphics: Hertz Hertz Global Holdings has entered into a stock and asset purchase agreement to sell substantially all of the assets… Continue reading Hertz to Sell Donlen for at Least $875 Million
How parent of BMW’s China partner drove to the brink of bankruptcy By – Up News Info
© . FILE PHOTO: Harald Krueger, BMW Chief Executive hugs Chen Qiufa, Communist Party Secretary of Liaoning province for a photo during a signing ceremony inside the BMW Brilliance Plant Tiexi, in Shenyang By Yilei Sun and Tony Munroe BEIJING () – In October 2003, the first China-made BMW 325i sedan rolled off a new… Continue reading How parent of BMW’s China partner drove to the brink of bankruptcy By – Up News Info
Bosch Service Solutions to invest in U.S. startup Sfara
Bosch Service Solutions is a leading global supplier of business process outsourcing for complex business processes and services. Using the latest technology and the internet of things, the Bosch division develops integrated and innovative service solutions in the areas of mobility, monitoring, and customer experience. Around 9,500 associates at 25 locations support national and international… Continue reading Bosch Service Solutions to invest in U.S. startup Sfara
@GM: General Motors Signs MoU with Nikola to Supply Hydrotec Fuel Cell Systems November 30, 2020
Global supply agreement focused on GM’s Hydrotec fuel cell system for Nikola’s Class 7/8 trucks Non-binding MoU replaces previous transaction announced Sept. 8, 2020 DETROIT – General Motors Co. (NYSE: GM) today announced it has signed a non-binding memorandum of understanding with Nikola Corporation for a global supply agreement to provide its Hydrotec fuel cell… Continue reading @GM: General Motors Signs MoU with Nikola to Supply Hydrotec Fuel Cell Systems November 30, 2020