Tag: Strategy

Motherson Group enters Turkey, acquires Plast Met Group

SamvardhanaMotherson Automotive Systems Group (SMRPBV) has today announced acquiring a majority stake in Turkey’s Plast Met Group. The Plast Met Group comprises of Plast Met Plastik Metal San. İmalatveTic.A.Ş.(PM-Bursa) and Plast Met KalıpSan.veTic.A.Ş .(PM-Istanbul). The acquisition will be completed through Samvardhana Motherson’s subsidiary, Samvardhana Motherson Reflectec (SMR). SMR will acquire 75 percent stake and will… Continue reading Motherson Group enters Turkey, acquires Plast Met Group

German Manager Magazin: Renault: Luca de Meo’s strategy should lead away from mass thinking, but in the case of electric cars, belligerent with Renault 5-Comeback000479

The French automakerRenaultwants to find its way back on the road to success with a sharper savings system and the conversion to a software-driven technology group. The new CEO Luca de Meo (53) explained on Thursday his restructuring program with the name “Renaulution”, with which he wants to increase the profitability of the troubled group… Continue reading German Manager Magazin: Renault: Luca de Meo’s strategy should lead away from mass thinking, but in the case of electric cars, belligerent with Renault 5-Comeback000479

German Manager Magazin: Rupert Stadler: Ex-boss of Audi attacks public prosecutors head-on000479

The former AudiChief Rupert Stadler has never made a secret of the fact that he is in the Diesel affair completely wrong for fraud brought to justice sees. When he spoke for the first time on Tuesday, the 19th day of his main hearing, the rather brittle business economist became almost emotional by his standards.… Continue reading German Manager Magazin: Rupert Stadler: Ex-boss of Audi attacks public prosecutors head-on000479

France’s Total to acquire 20% stake in India’s Adani Green Energy

The Adani Group said on Monday that France-based Total will acquire 20% minority interest in Adani Green Energy Ltd (AGEL). The investment in AGEL is another step in the strategic alliance between Adani Group and Total across various businesses and companies of the Adani Group, covering investments in liquefied natural gas (LNG) terminals, gas utility… Continue reading France’s Total to acquire 20% stake in India’s Adani Green Energy

@Honda: ALL-NEW HR-V TO JOIN HONDA’S ELECTRIFIED LINE-UP IN 2021

Popular small SUV to feature Honda’s two-motor hybrid technology as standard HR-V e:HEV is the latest step in Honda’s commitment to electrify all its mainstream models in Europe by 2022   Honda will unveil the latest generation of its popular HR-V in February this year. The small SUV will feature the company’s advanced two-motor e:HEV… Continue reading @Honda: ALL-NEW HR-V TO JOIN HONDA’S ELECTRIFIED LINE-UP IN 2021

@FCA: The new name and governance of Stellantis take effect

Lijnden, January 17, 2021The new name and governance of Stellantis take effectStellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announced today that, following completion of the merger of Peugeot S.A. (“Groupe PSA”) and Fiat Chrysler Automobiles N.V. (“FCA”) on January 16, 2021, today the combined company was renamed Stellantis, the Board of Directors… Continue reading @FCA: The new name and governance of Stellantis take effect

The merger of FCA and Groupe PSA has been completed

LONDON, Jan. 16, 2021 /PRNewswire/ — The merger between Peugeot S.A. (“Groupe PSA”) and Fiat Chrysler Automobiles N.V. (“FCA”) (NYSE: FCAU / MTA: FCA) that will lead the path to the creation of Stellantis N.V. (“Stellantis”), became effective today. As previously announced, Stellantis’s common shares will begin trading on Euronext in Paris and the Mercato… Continue reading The merger of FCA and Groupe PSA has been completed

PSA-Fiat Chrysler: Stellantis is born

Posted Jan 16, 2021, 12:29 PMUpdated Jan 16, 2021, 12:36 PM Goodbye PSA and long life to Stellantis. The new entity, born from the merger between the French group and its competitor Fiat Chrysler, officially saw the light of day this Saturday. The two companies, with centuries-old roots, gave birth to a global heavyweight in… Continue reading PSA-Fiat Chrysler: Stellantis is born

@FCA: The merger of FCA and Groupe PSA has been completed

London, January 16, 2021The merger of FCA and Groupe PSA has been completedThe merger between Peugeot S.A. (“Groupe PSA”) and Fiat Chrysler Automobiles N.V. (“FCA”) (NYSE: FCAU / MTA: FCA) that will lead the path to the creation of Stellantis N.V. (“Stellantis”), became effective today.As previously announced, Stellantis’s common shares will begin trading on Euronext… Continue reading @FCA: The merger of FCA and Groupe PSA has been completed