Nissan Motor Co Ltd is pressing French partner Renault SA to cut its stake in the Japanese automaker as much as possible, ideally to 15%, and may consider raising funds to buy back the shares, a source familiar with the matter said. The demands were made in exchange for Nissan agreeing to invest in Renault‘s new unit being set up to house its electric vehicle (EV) assets, said the source, who… Continue reading Nissan pushes partner Renault to sell stake, looking to raise funds for buyback
Tag: Strategy
Chongqing Develops Deep Bonds with Macao at the Macao International Travel (Industry) Expo
MACAO, China, Oct. 8, 2022 /PRNewswire/ — The 10th Macao International Travel (Industry) Expo (MITE) took place at the Cotai Expo of the Venetian Macao on September 23. A total of 12 units of Chongqing participated in this tourism exhibition, including three districts in Chongqing, Qianjiang, Wulong, and Nanchuan districts, four key tourism enterprises, and… Continue reading Chongqing Develops Deep Bonds with Macao at the Macao International Travel (Industry) Expo
Adient’s (ADNT) Deal With EnerTech to Boost Mobility Solutions
Adient ADNT recently announced a strategic partnership with EnerTech Capital, a global venture capital. Through the collaboration, Adient will have an access to trends in the mobility space and high-tech companies that will bolster its product offerings. EnerTech, founded in 1996, is focused on aiding entrepreneurs in building transformative technology companies. EnerTech’s global mobility network… Continue reading Adient’s (ADNT) Deal With EnerTech to Boost Mobility Solutions
Delta and American Airlines are making big changes (but not for everyone)
More comfort for more money. (A screenshot from a Delta video.) Delta/Screenshot by Chris Matyszczyk more Technically Incorrect Let’s get excited. Yes, the last couple of years have been dismal for air travel, but we’re emerging on the other side. Now, there’ll be joys. There’ll be real customer service. There might even be free food.… Continue reading Delta and American Airlines are making big changes (but not for everyone)
German Manager Magazin: Nio buckles in front of Audi at the start in Germany002068
Tesla is not his inspiration, says William Li (48) with pleasure. When he invited to the German premiere of his car manufacturer Nio in Berlin on Friday evening, the Chinese exuded exactly: Tesla feeling. Loud cheers and resounding applause from the audience are otherwise only known in the car scene when Elon Musk (51) appears.… Continue reading German Manager Magazin: Nio buckles in front of Audi at the start in Germany002068
KAG Acquires Carbon Express
WHARTON, N.J., Oct. 7, 2022 /PRNewswire/ — Carbon Express Inc. (“Carbon Express”) announced that it has completed the sale of 100% of the company to The Kenan Advantage Group, Inc., (“KAG”). Carbon Express is a Wharton, New Jersey- based company that transports liquid bulk products throughout North America, including chemicals, transformer oil, motor oil, lubricants… Continue reading KAG Acquires Carbon Express
Warehousing and Storage Market to grow by USD 387.49 Bn in 2026, Growing Demand For Refrigerated Warehousing to Boost Growth – Technavio
NEW YORK, Oct. 7, 2022 /PRNewswire/ — The warehousing and storage market size is expected to grow by USD 387.49 billion during 2021-2026, at a CAGR of 6.53% during the forecast period, according to Technavio. Continue Reading Technavio has announced its latest market research report titled Global Warehousing and Storage Market 2022-2026 The growing demand… Continue reading Warehousing and Storage Market to grow by USD 387.49 Bn in 2026, Growing Demand For Refrigerated Warehousing to Boost Growth – Technavio
US Department of Defense embracing electric military vehicles using GM’s Ultium Platform
Tactical military vehicles are about to get an electric upgrade. GM Defense, a business unit of General Motors focusing on advanced defense mobility needs, was selected by the Defense Innovation Unit (DIU) to develop a battery pack that can be used for functional electric military vehicles. The need to reduce our reliance on fossil fuels… Continue reading US Department of Defense embracing electric military vehicles using GM’s Ultium Platform
NASA to Provide Update on DART, World’s First Planetary Defense Test
WASHINGTON, Oct. 7, 2022 /PRNewswire/ — NASA will host a media briefing at 2 p.m. EDT, Tuesday, Oct. 11, to discuss the agency’s Double Asteroid Redirection Test (DART) mission and its intentional collision with its target asteroid, Dimorphos. The briefing will air on NASA TV, the NASA app, and the agency’s website. Participants include leaders from NASA,… Continue reading NASA to Provide Update on DART, World’s First Planetary Defense Test
@VW Group: ŠKODA AUTO poised to enter Vietnamese market005931
“For ŠKODA AUTO, entering the Vietnamese market is the next logical step in our internationalisation strategy. Our attractive model portfolio offers exactly the right products for our customers, and we will be able to play to our strengths in this highly dynamic market. In addition, the geographical proximity to India provides great synergy effects; as early… Continue reading @VW Group: ŠKODA AUTO poised to enter Vietnamese market005931