CLOSE Speculation about the future of Fiat Chrysler Automobiles has increased dramatically over the past week with reports first suggesting Jeep could be sold to a Chinese automaker and now reports that Alfa Romeo and Maserati could be spun off into a stand alone company. The various reports have been prompted, in part, by recent… Continue reading Marchionne: Don't expect next Fiat Chrysler CEO to be named until 2019
Tag: M and A
FCA Primed For Merger With Ford, Volkswagen, Or Geely?
“This is clearly the end of an era and maybe more, as Marchionne is not just the mastermind behind FCA, he is FCA,” said professor and former head of Fiat’s archives, Giuseppe Berta, in an interview with Automotive News. “After he is gone, FCA will have to change, and this opens room for a big… Continue reading FCA Primed For Merger With Ford, Volkswagen, Or Geely?
Tencent, Changan Automobile Launch Connected Vehicle Platform Joint Venture
Chinese Internet giant Tencent Holdings Ltd. has set up a joint venture with Chinese automobile manufacturer Changan Automobile Co., Ltd. to co-develop autonomous driving technologies and connected vehicle platforms. It marks Tencent’s latest move in the automotive sector to rival Alibaba and Baidu. Last November, Tencent partnered with five automakers including Changan, GAC Group, Geely, BYD… Continue reading Tencent, Changan Automobile Launch Connected Vehicle Platform Joint Venture
Rapleys sees slowdown in dealership property values
Dealership property values have peaked with the higher numbers of dealerships on the market. That’s the view of Daniel Cook, partner in the Automotive & Roadside team at Rapleys, who said the market may have topped out. “Looking at the UK market right now, there are signs that dealership values may have peaked. Fundamentally, there… Continue reading Rapleys sees slowdown in dealership property values
Escape tendencies at Opel: The new Opel rulers are heading for conflict with IG Metall
All articles and backgrounds 04/13/2018 Escape tendencies at Opel The new Opel rulers are heading for conflict with IG Metall AFP The boss and his Opel boss: Carlos Tavares (l.) And Michael Lohscheller. Carlos Tavares has a reputation to lose: that of the successful car company Sanierers. So the head of PSA Peugeot Citroën after… Continue reading Escape tendencies at Opel: The new Opel rulers are heading for conflict with IG Metall
Great Wall Motors & Baidu
The two Chinese companies, Great Wall Motors and Baidu, work together on autonomous driving. In China you want to become the market leader for autonomous driving and this is especially important Baiduwho not only get testing opportunities, but also a lot of capital and many cooperation partners be able to show. Together with the manufacturer… Continue reading Great Wall Motors & Baidu
Andreas Renschler’s truck empire before the IPO: How the truck business becomes Volkswagens Mustersparte
All articles and backgrounds 04/13/2018 Andreas Renschlers truck empire before the IPO How the truck business becomes Volkswagens Mustersparte REUTERS Andreas Renschler So much is in motion in the Volkswagen Group. Several management posts, including the boss, are being retooled, the entire management structure changed, And truck board member Andreas Renschler? On the morning before… Continue reading Andreas Renschler’s truck empire before the IPO: How the truck business becomes Volkswagens Mustersparte
Letter to employees: VW works council chief Osterloh praises Diess – brand Volkswagen gets vice chairman
Bernd Osterloh, works council chairman of VW “Matthias Müller has made a name for himself with Volkswagen. The respect of the employees is certain. “ (Photo: AP) Of the new VW CEO Herbert Diess has the full support of the works council in setting up a new structure in the world’s largest automotive group. In… Continue reading Letter to employees: VW works council chief Osterloh praises Diess – brand Volkswagen gets vice chairman
Japan: Mirai Creation Fund invests in financial robo-adviser WealthNavi
February 5, 2018 WealthNavi, provider of Japan’s biggest financial robo-adviser service, has raised fresh funds from Mirai Creation Investment Limited Partnership (Mirai Creation Fund) to further develop and improve its robo-adviser and asset management application. In a disclosure to the JASDAQ Securities Exchange on Monday, Sparx Group Co, operator and co-founder of Mirai Creation Fund,… Continue reading Japan: Mirai Creation Fund invests in financial robo-adviser WealthNavi
A LiDAR Prodigy Cranks Up Production In The Race For Robot Car Vision Sales
Austin Russell, Luminar’s CEO and co-founder, is convinced his company has the most advanced, highest resolution laser LIDAR sensor on the market and he’s quickly boosting production to supply autonomous vehicle test fleets. One year after emerging from stealth mode Luminar, a maker of laser LiDAR sensors for self-driving vehicles led by 23-year-old optics whiz… Continue reading A LiDAR Prodigy Cranks Up Production In The Race For Robot Car Vision Sales