4 ‘of reading Parma remains Italian-Chinese. The agreement between the parties closes the dispute between the New Start, the company formed by seven businessmen from Parma who holds the majority package of Parma Calcio 1913, and Link International / Hope Group of the Chinese tycoon Jiang Lizang, who currently owns 30 % of the share… Continue reading Parma Calcio resumes the Silk Road, an agreement between Italian consortium and Chinese partner
Tag: Strategy
Turnaround artist Tavares in good spot for next race – Automotive News Europe
At a time when many in the industry are talking about the need to consolidate, but actual deals have been scarce, Tavares has forged ahead. In Opel, he found an additional 1 million vehicles a year on which to spread out development costs, increase platform utilization, multiply the effects of r&d and drive savings on… Continue reading Turnaround artist Tavares in good spot for next race – Automotive News Europe
Aston Martin confirms funding talks with potential strategic investors
Aston Martin has confirmed it is in talks with potential investors in a statement to the Stock Exchange. “The Company confirms that is reviewing its funding requirements and various funding options,” the statement read. “It is also engaged in early stage discussions with potential strategic investors in relation to building longer term relationships which may or… Continue reading Aston Martin confirms funding talks with potential strategic investors
@GM: GM Investing $1.5 Billion in Next-Generation Midsize Trucks to be Built at Wentzville Plant
GM Investing $1.5 Billion in Next-Generation Midsize Trucks to be Built at Wentzville Plant 2019-12-13 Wentzville receiving $1 billion for upgrades Investment retains 4,000 good-paying U.S. manufacturing jobs Investment part of a strategy to invest in growth areas and strengthen U.S. manufacturing base WENTZVILLE, Mo. — General Motors announced today plans to invest $1.5 billion… Continue reading @GM: GM Investing $1.5 Billion in Next-Generation Midsize Trucks to be Built at Wentzville Plant
GM investing $1.5B for production of next-generation Colorado and Canyon
Detroit — General Motors Co. will invest $1.5 billion to build its next generation of mid-size pickups, the automaker announced Friday. A $1 billion investment at GM’s Wentzville, Missouri, plant where the Chevrolet Colorado and GMC Canyon are built will retain about 4,000 jobs. Another $500 million will be spent on supplier tooling for the new trucks. GM did… Continue reading GM investing $1.5B for production of next-generation Colorado and Canyon
Exclusive: French want PSA-Fiat board guarantee in $50 billion merger – sources
PARIS/MILAN (Reuters) – French shareholders in the planned merger of PSA and Fiat Chrysler are seeking reassurances that they will retain a numerical advantage on a combined board if CEO Carlos Tavares leaves, two sources close to PSA said. FILE PHOTO: The logos of car manufacturers Fiat and Peugeot are seen in front of dealerships… Continue reading Exclusive: French want PSA-Fiat board guarantee in $50 billion merger – sources
MAN Scores First Order For Lion’s City E Electric Buses
MAN comes to the party late, but once it gains traction, sales should shoot into the hundreds. MAN Truck & Bus finally joins the EV party with its first order for MAN Lion’s City E electric buses from Hamburg, Germany. The order from the transport company Verkehrsbetriebe Hamburg-Holstein (VHH) is for 17 12-metre solobuses, which… Continue reading MAN Scores First Order For Lion’s City E Electric Buses
@FCA: FCA Canada Employees and Retirees Pledge Over $1 Million to United Way/Centraide Windsor-Essex County 2020 Campaign
December 13, 2019 , Windsor, Ontario – During a special presentation at FCA Canada’s headquarters today, FCA Canada announced an employee donation of $1,167,535 to the United Way/Centraide Windsor-Essex County 2020 campaign. This marks the largest donation in the Windsor-Essex community this year and the 34th consecutive year of FCA Canada employees and retirees donating over… Continue reading @FCA: FCA Canada Employees and Retirees Pledge Over $1 Million to United Way/Centraide Windsor-Essex County 2020 Campaign
Argo AI: Strategy change in the commercialization of autonomous driving
The company Argo AI wants to realign its strategy regarding the commercialization of autonomous driving. That with ford and its cooperation partners Volkswagen working companies for autonomous driving, Argo AI, plans a change of commercialization orientation in autonomous driving. Princeton Argo Lidar Most industry stakeholders are committed to providing robotic taxis, which is accompanied by… Continue reading Argo AI: Strategy change in the commercialization of autonomous driving
Tesla increases price of Model 3 as federal tax credit ends
Tesla has slightly increased the prices of Model 3’s two least expensive versions in the US – just weeks before the end of the tax credit on Tesla’s vehicles. Over the last year, Tesla has been making a lot of price adjustments to the different Model 3 versions. At first, Tesla reduced the price of… Continue reading Tesla increases price of Model 3 as federal tax credit ends