Tag: M and A

New Lotus Type 130 hypercar to be revealed on 16 July

Lotus has confirmed that it will unwrap its all-electric Type 130 hypercar at an exclusive event in Central London on 16 July. It’s the British brand’s first all-new model in over a decade and signals the firm’s rebirth under its new owner, the Chinese auto giant Geely. The Norfolk-based firm has confirmed the Type 130… Continue reading New Lotus Type 130 hypercar to be revealed on 16 July

The CEO of Fiat Chrysler sells more than 3.11 million euros in shares of the company

Posted 05/31/2019 11: 37: 01CET MADRID, May 31 (EUROPA PRESS) – The CEO of the Fiat Chrysler Automobiles (FCA) automotive consortium, Michael Manley, has sold 250,000 shares of the company in his possession for an amount of 3.46 million dollars (3.11 million euros at current exchange rate). ), according to a notice sent to the… Continue reading The CEO of Fiat Chrysler sells more than 3.11 million euros in shares of the company

Regarding reduction in compensation of CEO Hiroto Saikawa

YOKOHAMA, Japan – In consideration of matters related to the misconduct led by the company’s former chairman, Nissan Motor Co., Ltd. has decided to reduce the compensation of its CEO for the fiscal year ending March 31, 2020. Compensation will be set at half the level of the fiscal year ended March 31, 2019, which… Continue reading Regarding reduction in compensation of CEO Hiroto Saikawa

Amazon keen to buy prepaid brand Boost from T-Mobile, Sprint

Amazon.com Inc is interested in buying prepaid cellphone wireless service Boost Mobile from U.S. carriers T-Mobile US Inc and Sprint Corp, two sources familiar with the matter said on Thursday. Amazon is considering buying Boost – currently one of Sprint’s prepaid brands – mainly because the deal would allow it to use the new T-Mobile’s wireless… Continue reading Amazon keen to buy prepaid brand Boost from T-Mobile, Sprint

EV maker Nio plans Beijing plant, will likely seek a partner – CEO

BEIJING/SHANGHAI (Reuters) – Chinese electric vehicle (EV) maker Nio Inc is keen to build a production base in Beijing and will likely seek a manufacturing partner, Chief Executive Officer and founder William Li said this week. His comments come after Nio said on Tuesday that it would form a joint venture with Beijing E-Town International… Continue reading EV maker Nio plans Beijing plant, will likely seek a partner – CEO

FCA CEO Manley sold shares for $3.5 mln this week to cover personal expense

CEO of Fiat Chrysler Automobiles (FCA) Mike Manley attends the North American International Auto Show in Detroit, Michigan, U.S., January 14, 2019. REUTERS/Rebecca Cook MILAN (Reuters) – Fiat Chrysler Chief Executive Mike Manley sold shares in the car maker for $3.46 million on May 28, the day after the announcement of a merger proposal to… Continue reading FCA CEO Manley sold shares for $3.5 mln this week to cover personal expense

Karhoo and Moses Join to Transform Last Mile Transport – Fleet World

Karhoo has announced a partnership with shared transport provider Moses to offer direct, cheap and fast shuttle services across the UK. Karhoo’s co-CEO Nicolas Andine Moses works with large transport operators including Network Rail and National Express Coaches, offering passengers shared onward travel by taxi or private hire vehicle (PHV). Following the partnership, Karhoo’s 53,000… Continue reading Karhoo and Moses Join to Transform Last Mile Transport – Fleet World

Ridecell and Dataspeed partner to enhance autonomous vehicle safety – Geospatial World

USA:  Ridecell Inc., the leading platform for shared and autonomous mobility operators, and Dataspeed Inc., a globally established drive-by-wire solution provider, announced a strategic partnership to enhance autonomous vehicle (AV) safety. The companies will begin leveraging each other’s technology and testing new technologies in real world conditions to improve vehicle safety. “Dataspeed is a leading provider… Continue reading Ridecell and Dataspeed partner to enhance autonomous vehicle safety – Geospatial World