Lincoln — like Ford’s Blue Oval — is in the midst of a lineup refresh. (Photo: Lincoln) Lincoln Motor Co. uses the New York auto show as its megaphone, and this year won’t be any different. The luxury automaker’s future is going to look a lot like what was outlined in the Ford Motor’s two-year… Continue reading Lincoln to launch ‘next chapter’ at NY show
Tag: Strategy
Building the Foundation for a Better 5G
Minnie Ho, senior principal engineer and wireless systems architect at Intel, Minnie, played a role in the design of the Intel Mobile Trial Platform, a desktop-size rig that telecom operators worldwide use to advance 5G. (Photo Credit: Walden Kirsch/Intel Corporation) How she’d describe her work to a 10-year-old: “I put together tiny computer parts, like… Continue reading Building the Foundation for a Better 5G
Dana Increases Cash Consideration for GKN Driveline by £100 million
MAUMEE, Ohio, March 26, 2018 /PRNewswire/ — In support of strong investor interest in its combination with GKN Driveline, Dana Incorporated (NYSE: DAN) announced today that it has improved the terms of its agreed combination and will also double the size of its share repurchase program. Dana has increased the cash element of consideration by… Continue reading Dana Increases Cash Consideration for GKN Driveline by £100 million
PSA wants to totally disengage from Gefco
It’s almost the end of an era. According to our information, PSA has put up for sale its residual interest in the logistician Gefco, one of its historical subsidiaries. The French manufacturer had already sold 75% of the capital of the company in 2012 to the Russian equivalent of the SNCF, RZD . At the… Continue reading PSA wants to totally disengage from Gefco
Federal-Mogul Powertrain and Dong Feng Motor Parts and Components Group Announce New Piston Joint Venture
Federal-Mogul Powertrain and Dong Feng Motor Parts and Components Group Announce New Piston Joint Venture SHANGHAI, March 26, 2018 /PRNewswire/ — Federal-Mogul Powertrain and Dong Feng Motor Parts and Components Group Co., Ltd. (Dong Feng Parts and Components Group), a subsidiary of Dong Feng Motor Corporation, today announced an agreement to establish a new piston… Continue reading Federal-Mogul Powertrain and Dong Feng Motor Parts and Components Group Announce New Piston Joint Venture
Nissan aims to sell 1 million electrified vehicles a year by FY2022
Nissan aims to sell 1 million electrified vehicles a year by FY2022 Nissan M.O.V.E to 2022 midterm plan targets technology evolution with electric vehicle leadership, autonomous driving expansion and the delivery of mobility services YOKOHAMA, Japan – Nissan Motor Co., Ltd. today unveiled plans to launch growing numbers of electrified vehicles, expand and evolve… Continue reading Nissan aims to sell 1 million electrified vehicles a year by FY2022
DongFeng Motor Group and Groupe PSA Establishes a Leasing Joint Venture to Address the Automotive Market in China
WUHAN, China–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG): On March 23rd, 2018, DongFeng Motor Group (DFG), Banque PSA Finance (BPF, the captive financing and mobility services provider of Groupe PSA) and DongFeng Peugeot Citroën Automobiles (DPCA), signed a joint venture (JV) agreement aiming to create a financial leasing joint venture to offer especially long term leasing… Continue reading DongFeng Motor Group and Groupe PSA Establishes a Leasing Joint Venture to Address the Automotive Market in China
Daimler launches new DENZA electric vehicle for the Chinese market
Daimler and its Chinese partner BYD continuously invest in DENZA product development for China’s New Energy Vehicle (NEV) market New DENZA electric vehicle brings a refreshed exterior design and extended range of around 500 kilometers Locally sourced and produced, DENZA brand combines Daimler’s vehicle architecture expertise with BYD’s leading battery technology Stuttgart / Shenzhen –… Continue reading Daimler launches new DENZA electric vehicle for the Chinese market
Uber CEO says there will be no more global exit deals
Uber has exited three global markets by selling to rivals, but enough is enough after its deal with Grab so says CEO Dara Khosrowshahi. Following today’s announcement with Grab which sees Uber leave Southeast Asia hot on the heels of exits in China (2016) and Russia (2017), Khosrowshahi told employees that there will be no more repeats… Continue reading Uber CEO says there will be no more global exit deals
Peugeot boss: ‘We can hit CO2 goals without dedicated EVs’
Peugeot, the PSA Group’s most successful brand, grew its sales significantly by 10.4% last year. In stark contrast to the performances of siblings Citroën and DS, whose sales declined 7.5% and 38.5% respectively, Peugeot sold 2,119,845 cars across the 12 months. That’s more than two-thirds of PSA’s total. Buoyed by this strong performance, Peugeot chief… Continue reading Peugeot boss: ‘We can hit CO2 goals without dedicated EVs’