Ford is teaming up with Disney Media Networks to mark the return of its iconic Bronco SUV through a series of short films that will be broadcast across a number of cable and digital properties including ABC, ESPN, National Geographic and Hulu. The strategy — prompted by COVID-19 shutdowns — is a departure for Ford,… Continue reading Ford taps Disney Media Works to mark the return of the Bronco SUV
Tag: Strategy
Ford to end production of the Lincoln Continental at end of 2020
Autoplay Show Thumbnails Show Captions Last SlideNext Slide Ford Motor Co. confirmed Wednesday it will permanently end production of the Lincoln Continental built at the Blue Oval’s Flat Rock Assembly Plant. The move is just the latest in the Dearborn automaker’s long-term strategy of ditching sedans and compact cars in favor of a wider array of profit-rich trucks and… Continue reading Ford to end production of the Lincoln Continental at end of 2020
@Nio: NIO Inc. Provides June and Second Quarter 2020 Delivery Update
NIO delivered 10,331 vehicles in the three months ended June 2020, exceeding quarterly guidance NIO delivered 3,740 vehicles in June 2020 setting a new monthly record Cumulative deliveries of ES8 and ES6 reached 46,082 SHANGHAI, China, July 02, 2020 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium… Continue reading @Nio: NIO Inc. Provides June and Second Quarter 2020 Delivery Update
Shenzhen Capital-backed Dehong to divest 29.99% to state firm for $154m
Shenzhen Capital Group-backed automobile alternator manufacturer Zhejiang Dehong Automotive Electronic & Electrical Co., Ltd has agreed to sell a 29.99 per cent stake to state-owned Asset Management Service Center of The Government of Ningbo Zhenhai for 1.087 billion yuan ($154 million), per a filing with the Shanghai Stock Exchange. With the deal, Zhenhai Investment will… Continue reading Shenzhen Capital-backed Dehong to divest 29.99% to state firm for $154m
Suzuki’s new Across is Toyota RAV4-based SUV
Suzuki has revealed the new Across as a hybridised family SUV based on the Toyota RAV4, following a recent agreement between the two manufacturers to collaborate on selected models. It’s the first car to emerge from the strategic alliance and gives an indication of how the two firms will seek to differentiate their own versions of shared… Continue reading Suzuki’s new Across is Toyota RAV4-based SUV
@Tata-JLR: GO ELECTRIC OR GO OFF ROAD: CUSTOMERS CHOOSE WITH JAGUAR LAND ROVER AND PIVOTAL SUBSCRIPTION
About Pivotal Pivotal is the new name for Carpe. Carpe was originally launched in June 2018 offering a 12-month unlimited mileage single-payment subscription to a Jaguar or Land Rover model with no deposit. The business model has now been adapted to fit into the new mobility world and now offers greater convenience to our customers… Continue reading @Tata-JLR: GO ELECTRIC OR GO OFF ROAD: CUSTOMERS CHOOSE WITH JAGUAR LAND ROVER AND PIVOTAL SUBSCRIPTION
Tesla increases Full Self-Driving price to $8,000 as promised
Tesla has increased the price of its Full Self-Driving package to $8,000 as promised, and it may have saved its quarter. The decision to pre-sell a “Full Self-Driving” package in its vehicles years before it planned on making the technology available through the software has been controversial, to say the least. It’s a bold move… Continue reading Tesla increases Full Self-Driving price to $8,000 as promised
Tata Motors domestic sales tank 82% to 23,845 units in Q1 FY21
New Forever product portfolio, including the newly launched Altroz, continues to receive a strong response in the market. New Delhi: The homegrown automaker Tata Motors on Wednesday registered a decline of 82 percent in the domestic sales at 23,845 units in Q1FY21. Domestic sales stood at 1,31,879 units during Q1 FY20, the company said in… Continue reading Tata Motors domestic sales tank 82% to 23,845 units in Q1 FY21
India car sales in June down 54% but much improved over May
Finally, a full month of sales for India Auto Inc. After a washed-out April and a truncated May, June 2020 saw OEMs and their dealers function, in different states of readiness, for the entire month. Understandably, given the ongoing pandemic, some states still in lockdown mode, depressed consumer sentiment and vehicle logistics still to shape… Continue reading India car sales in June down 54% but much improved over May
B Capital Group Closes Second Fund, at $820M
Global venture capital firm B Capital Group closed its second fund, at $820m. B Capital aims to invest in growth-stage startups transforming large industries and scaling rapidly. With a portfolio of nearly 30 companies in Asia, Europe and the United States, this new fund brings the total assets under management by the firm to $1.44… Continue reading B Capital Group Closes Second Fund, at $820M