TDR Capital in ‘advanced talks’ over £1.9bn BCA acquisition

TDR Capital is in advanced talks to buy BCA Marketplace for £1.9bn. The Financial Times reported this morning (June 20) that shares in the remarketing specialist had jumped 22% to 237p following news of the potential acquisition this morning. BCA has confirmed discussions with TDR to buy it out at a price of 243p a… Continue reading TDR Capital in ‘advanced talks’ over £1.9bn BCA acquisition

Billionaire behind Energy Absolute is seeking to build the Tesla of Thailand

It’s the epitome of a closed circuit: the utility helping power one of Southeast Asia’s biggest cities is building electric cars, batteries and charging stations for the nascent market, and then supplying the juice to keep them all running. Thailand billionaire Somphote Ahunai envisions his Energy Absolute Pcl as a titan of EVs even though… Continue reading Billionaire behind Energy Absolute is seeking to build the Tesla of Thailand

Joseph R. Hinrichs

Joe Hinrichs is president, Automotive, effective May 1, 2019, reporting to Jim Hackett, Ford president and CEO. In this role, Hinrichs leads Ford’s drive to strengthen its Automotive operations and deliver a sustainable global EBIT margin of 8 percent. Hinrichs has responsibility for Ford’s global business units – North America, South America, Europe, China and… Continue reading Joseph R. Hinrichs

Michelin: Following a successful public offer, Michelin now holds 99.64% of the share capital of leading Indonesian tire manufacturer PT Multistrada Arah Sarana TBK.

Press releaseClermont-Ferrand – June 19, 2019                                                    COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELINIn line with its strategy, Michelin acquired 87.59% of PT Multistrada Arah Sarana TBK (“Multistrada”), a tire manufacturer based in Indonesia, on March 8, 2019. As Multistrada is a publicly listed company, and pursuant to Indonesian regulations, the Group launched a public offer for the remaining… Continue reading Michelin: Following a successful public offer, Michelin now holds 99.64% of the share capital of leading Indonesian tire manufacturer PT Multistrada Arah Sarana TBK.

Michelin now holds 99.64% of the share capital of Multistrada

Michelin now holds 99.64% of the share capital of Multistrada Following a successful public offer, Michelin now holds 99.64% of the share capital of leading Indonesian tire manufacturer PT Multistrada Arah Sarana TBK. In line with its strategy, Michelin acquired 87.59% of PT Multistrada Arah Sarana TBK (“Multistrada”), a tire manufacturer based in Indonesia, on… Continue reading Michelin now holds 99.64% of the share capital of Multistrada

Toyota snub dents Saudi Arabia’s manufacturing drive

RIYADH (Reuters) – Saudi Arabia began courting Toyota two years ago to build a large car plant as part of Crown Prince Mohammed bin Salman’s grand plan to wean the kingdom off oil revenues and create jobs for young Saudis. A car passes in front of Toyota dealer in Dhahran, Saudi Arabia June 15, 2019.… Continue reading Toyota snub dents Saudi Arabia’s manufacturing drive

Toyota AI Ventures Talent Network Featured Jobs: Senior Software QA Engineer and C++ Software…

Toyota AI Ventures Talent Network Featured Jobs: Senior Software QA Engineer and C++ Software Architect Toyota AI VenturesBlockedUnblockFollowFollowingJun 18Photo courtesy of Apex.AI Every week, we feature several career opportunities in our growing Toyota AI Ventures Talent Network. This week, we’re excited to highlight two roles at our portfolio company Apex.AI, which is building safe and certified… Continue reading Toyota AI Ventures Talent Network Featured Jobs: Senior Software QA Engineer and C++ Software…

Navarro (DGT) says that Spain would make the “ridiculous” if Central Madrid is abolished

Posted 06/18/2019 13:55:17 CET Ensures that the agenda of the DGT is not banning smoking behind the wheel, although it is a “very dangerous” behavior MADRID, Jun. 18 (EUROPA PRESS) – The general director of Traffic, Pere Navarro, has criticized the possibility of suppressing the restriction measure for Central Madrid traffic for models that do… Continue reading Navarro (DGT) says that Spain would make the “ridiculous” if Central Madrid is abolished

Toyota’s anti-EV ads aren’t just deceptive, they also push science illiteracy

Toyota has been dragging their feet on new vehicle technology for some time now, seemingly happy to continue selling their antiquated gas-powered fleet, with no battery electric vehicles and only one plug-in hybrid and one fuel cell vehicle (powered by 95% fossil-sourced hydrogen) across their entire lineup. But if you watch their recent ads, the… Continue reading Toyota’s anti-EV ads aren’t just deceptive, they also push science illiteracy

Truckmaker Volvo to partner with Nvidia to develop AI for driverless vehicles

STOCKHOLM (Reuters) – Sweden’s AB Volvo is joining forces with U.S. chipmaker Nvidia to develop artificial intelligence used in self-driving trucks, the companies said on Tuesday. FILE PHOTO: A Volvo logo is pictured on the stand during the 87th International Motor Show at Palexpo in Geneva, Switzerland, March 7, 2017. REUTERS/Denis Balibouse The agreement between… Continue reading Truckmaker Volvo to partner with Nvidia to develop AI for driverless vehicles