Tag: Strategy

BRIEF-Fiat Chrysler CEO: makes more sense to buy back shares than pay dividends

Jan 15 (Reuters) – Fiat Chrysler Automobiles (FCA) CEO Sergio Marchionne told reporters in Detroit: * BELIEVES MAKES MORE SENSE TO USE CASH TO BUY BACK SHARES THAN TO PAY OUT DIVIDEND * WHEN ASKED ABOUT A POTENTIAL JEEP SPIN-OFF, SAYS SEPARATING BRANDS FROM THE GROUP IS A “COMPLEX MATTER”, WOULD NOT DISTANCE HIMSELF FROM… Continue reading BRIEF-Fiat Chrysler CEO: makes more sense to buy back shares than pay dividends

Failed on ignition for the Kwid in Brazil

While Renault had high hopes for the launch of the Kwid in Latin America, the French manufacturer had some failures in ignition in Brazil. Sold in India for two years, this little car with very low costs had been launched in Brazil last September at a price of 30,000 to 40,000 reals (between 8,000 and… Continue reading Failed on ignition for the Kwid in Brazil

VW is planning a comeback with a new Jetta

China has given VW a record year, sales in the US are finally picking up again. The group wants to finally make the leap into the mass market – and announced billions of investments. VW North America boss Hinrick Woebcken (left in picture) and board member Herbert Diess in Detroit Monday, 15.01.2018 10:49 clock After… Continue reading VW is planning a comeback with a new Jetta

One year old Pony.ai raises $112 million Series A to build autonomous car future

No that’s not a typo. Yes, that is larger than the median IPO fundraise last year. But few problems are as daunting as trying to build a fully autonomous car, particularly without the large resources of technology giants like Google, Uber, or Baidu behind you. So for Pony.ai, which was founded a little more than… Continue reading One year old Pony.ai raises $112 million Series A to build autonomous car future

NIO Launches ES8 SUV with New User Experience

NIO officially launches the ES8 in China with a base price of RMB  448,000, and unveils a battery rental plan. NIO Pilot is the first advanced driver-assistance system (ADAS) equipped with the Mobileye EyeQ4 system, featuring Highway Pilot, Traffic Jam Pilot, and automatic emergency braking NIO unveils NOMI, the world’s first in-car AI system ES8… Continue reading NIO Launches ES8 SUV with New User Experience

Two strategic acquisitions in the hydrogen field

Plastic Omnium renforce son positionnement comme acteur de la propulsion électrique avec l’acquisition des entreprises Swiss Hydrogen et Optimum CPV. Après la création de la société israélienne Ξ PO-CellTech en 2016 dans le domaine des piles à combustible et l’entrée du Groupe au comité de pilotage de l’ « Hydrogen Council », deux acquisitions viennent… Continue reading Two strategic acquisitions in the hydrogen field

Plastic Omnium, a growth and innovation strategy – SHAPE THE FUTURE NOW –

A l’occasion de son « Investor Day », le Groupe présente sa stratégie de croissance et d’innovation pour répondre aux nouveaux enjeux de la voiture connectée, autonome et décarbonnée. Un positionnement premium permettant de répondre aux enjeux de la voiture de demain S’appuyant sur cette dynamique d’amélioration continue de sa performance industrielle et financière, Plastic… Continue reading Plastic Omnium, a growth and innovation strategy – SHAPE THE FUTURE NOW –

Plastic Omnium opens its Automotive Strategic Advisory Committee to external internationally recognized experts to accelerate the pace of innovation

Plastic Omnium fait entrer à son Comité d’Analyse Stratégique Automobile des membres extérieurs au groupe, pour bénéficier de leurs compétences et stimuler la capacité d’innovation du Groupe. Ce comité, fondé en 2011 et dirigé par le Directeur scientifique de Plastic Omnium, développe une politique d’ « open innovation » en multipliant les collaborations, les partenariats… Continue reading Plastic Omnium opens its Automotive Strategic Advisory Committee to external internationally recognized experts to accelerate the pace of innovation

DENSO, Toshiba Digital Solutions, and Toshiba Information Systems Conclude a Capital Alliance Agreement to Enhance Development of Embedded Software for In-vehicle Products

DENSO Corporation, Toshiba Digital Solutions Corporation, and Toshiba Information Systems (Japan) Corporation have concluded a capital alliance agreement in which DENSO acquires 20% of the total number of shares issued by Toshiba Information Systems. The auto industry is changing in a way that requires ever-more complicated and advanced technologies, such as connectivity, autonomous driving, shared… Continue reading DENSO, Toshiba Digital Solutions, and Toshiba Information Systems Conclude a Capital Alliance Agreement to Enhance Development of Embedded Software for In-vehicle Products