Auto parts supplier: Scheider to become new boss at ZF Friedrichshafen

Wolf-Henning Scheider At Mahle, Scheider pushed ahead with the transformation towards electromobility. His expertise is needed at ZF Friedrichshafen. (Photo: AP) Mahle boss Wolf-Henning Scheider (55) is the favorite on the vacant executive chair at ZF Friedrichshafen. An official confirmation of the company does not exist yet. According to information from industry circles Scheider but… Continue reading Auto parts supplier: Scheider to become new boss at ZF Friedrichshafen

Gestamp agrees with BHAP to form a joint venture in China

Posted 1/25/2018 11:37:05 PM MADRID, Jan. 25 (EUROPA PRESS) – The Spanish manufacturer of components for automobiles Gestamp has reached an agreement for the formation of a ‘joint venture’ in China with the local company Beijing Hainachuan Automotive Parts (BHAP), subsidiary of automotive components of the Beijing Automotive Industry Group (BAIC). According to the company… Continue reading Gestamp agrees with BHAP to form a joint venture in China

Autoliv concludes strategic review and prepares for spin-off of its Electronics segment

Tue, Dec 12, 2017 08:30 CET (Stockholm, Sweden, December 12, 2017) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that its Board of Directors has concluded its strategic review and decided to prepare for a spin-off of its Electronics business segment, creating a new, independent publicly… Continue reading Autoliv concludes strategic review and prepares for spin-off of its Electronics segment

When d’Ieteren becomes car sharing provider

The Belgian importer has just validated its carsharing service program, after a conclusive pilot. In Antwerp, D’Ieteren and Vulog have equipped a fleet of 350 vehicles available to subscribers. D’Ieteren is now also an actor in carsharing. A few days ago, the group officially announced the launch of its new service, Poppy, in the streets… Continue reading When d’Ieteren becomes car sharing provider

Here acquires Micello to add indoor mapping as part of its IoT business unit

Here Technologies, the mapping company valued at around $3 billion that counts a consortium of car makers, Intel and others among its shareholder/owners, today announced a move that underscores its intention to focus on more than just the outdoor navigation business. The company has acquired Micello, a startup that offers a database of indoor maps… Continue reading Here acquires Micello to add indoor mapping as part of its IoT business unit

The dealers of Renault won 700,000 euros on average in 2017, with a return of 1.7%

Posted 1/24/2018 12:16:12 PM The financial RCI granted loans in Spain for about 1,000 million euros in 2017 MADRID, 24 Jan. (EUROPA PRESS) – The network of dealerships of the French automobile consortium Renault in Spain closed last year with an average return on turnover of between 1.65% and 1.7%, as announced by the general… Continue reading The dealers of Renault won 700,000 euros on average in 2017, with a return of 1.7%

Berlin’s Blacklane raises $40-45M for its high-end transport on demand service

Transportation-on-demand startups betting on growth by homing in on specific market segments continue to play strong with both investors and customers looking for alternatives to traditional taxis and Uber. Today, Blacklane, a Berlin-based business that offers limousines and other high-end cars for airport and other medium-length journeys, is announcing that it has raised a significant… Continue reading Berlin’s Blacklane raises $40-45M for its high-end transport on demand service

Automotive suppliers on an expansion course: VW-Schreck Prevent takes over German casting specialists

All articles and backgrounds 01/23/2018 Auto parts supplier on expansion course VW Schreck Prevent takes over German casting specialists DPA Headquarters of automotive supplier Prevent in Warmenau near Wolfsburg (Lower Saxony). This acquisition should be the VolkswagenBuyers eyeing with gawky eyes: Those by their spectacular dispute with VW Became known Prevent Group buys again in… Continue reading Automotive suppliers on an expansion course: VW-Schreck Prevent takes over German casting specialists

A very strong year 2017 for Volkswagen Truck & Bus. Sales up by 12% at 205,000 commercial vehicles

The Volkswagen Truck & Bus Group sold around 205,000 vehicles of its MAN, Scania, and Volkswagen Caminhões e Ônibus brands in fiscal 2017, up 12% on the (solid) prior-year level. All three brands have been able to increase their sales and make a positive contribution to the success of the Group. MAN Truck & Bus sales were up 8% year-on-year, coming… Continue reading A very strong year 2017 for Volkswagen Truck & Bus. Sales up by 12% at 205,000 commercial vehicles

Gumtree and eBay used car selling platforms to operate as one following merger

Gumtree and eBay will operate as one business after merging to offer car retailers exposure across two platforms when listing vehicles for sale. Gumtree this week claimed to be the fastest-growing classifieds marketplace for motors in the UK, with six million users a month visiting the site’s Motors offering, while 3.7 million users a month visit eBay… Continue reading Gumtree and eBay used car selling platforms to operate as one following merger