LAS VEGAS, March 23, 2018 /PRNewswire/ — Automakers today announced the launch of a new tool aimed at increasing consumer participation in auto recalls by allowing approved commercial and governmental entities, including state departments of motor vehicles, state vehicle registrars, state vehicle inspection programs, motor vehicle insurers, auto finance companies, motor vehicle dealers, vehicle fleet managers,… Continue reading New Auto Recall Search Tool Launches to Enhance Outreach and Notification to Vehicle Owners
Tag: M and A
Nissan: 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 autonomous driving systems, and accelerate vehicle connectivity as part of its Nissan M.O.V.E.… Continue reading Nissan: Nissan aims to sell 1 million electrified vehicles a year by FY2022
Nexteer CEO Zhao Guibin: Seeking Innovation-driven Growth
SHANGHAI, March 23, 2018 /PRNewswire/ — Following the acquisition by Aviation Industry Corporation of China (AVIC) in 2011, the 110-year-old Nexteer Automotive, once an auto parts division under GM, has found its way into rapid development. The EVs and autonomous vehicles are gaining impetus, what impacts will the market changes exert on the company’s future… Continue reading Nexteer CEO Zhao Guibin: Seeking Innovation-driven Growth
Ford partners with India’s Mahindra Group to build new electric vehicle
The latest step towards the large-scale transition to electric vehicles was signalled this week. Car giants Ford and the Mahindra Group have agreed to work together on developing a new EV for the huge Indian market, but potentially for sale elsewhere. The two companies signed five separate, non-binding memoranda of understanding (MoU) which will develop… Continue reading Ford partners with India’s Mahindra Group to build new electric vehicle
Matrix Partners co-leads $473m round in China’s electric car maker CHJ Automotive
March 23, 2018 Chinese electric car startup CHJ Automotive has pocketed Rmb3 billion ($473 million) in its Series B funding round led by Matrix Partners China and Shougang Fund’s new energy fund portfolio, according to Chinese media reports. CHJ Automotive, described by Western media as a Chinese rival to Tesla, said the funding round was… Continue reading Matrix Partners co-leads $473m round in China’s electric car maker CHJ Automotive
Dana Secures Contract to Supply Axles for Next-Generation Jaguar, Land Rover Programs
MAUMEE, Ohio, March 22, 2018 /PRNewswire/ — Dana Incorporated (NYSE: DAN) has announced new contracts to supply front and rear axles for the next generation of iconic Jaguar and Land Rover luxury vehicles. The estimated value for these programs total more than £300 million. Dana’s latest Spicer® AdvanTEK® axles will deliver greater power density in… Continue reading Dana Secures Contract to Supply Axles for Next-Generation Jaguar, Land Rover Programs
Mahindra and Ford Sign MoUs to Co-Develop Midsize and Compact SUV, Electric Vehicle and Connected Car Solutions
Strengthen strategic collaboration focusing on product development for India and emerging markets Agree to evaluate co-development of compact SUV and electric vehicle, along with sharing powertrain portfolios Embark on joint development of connected vehicle solutions Chennai, India, March 22, 2018 – Mahindra Group and Ford Motor Company will jointly develop new SUVs, and a small… Continue reading Mahindra and Ford Sign MoUs to Co-Develop Midsize and Compact SUV, Electric Vehicle and Connected Car Solutions
Daimler and BMW: Merger of Car2Go and DriveNow is perfect
All articles and backgrounds 03/22/2018 Daimler and BMW Fusion from Car2Go and DriveNow are perfect PR Car2Go and DriveNow: Daimler and BMW each hold 50 percent of the new company, which is valued at more than one billion euros The car companies Daimler Show stock market chart and BMW Show stock market chart are close… Continue reading Daimler and BMW: Merger of Car2Go and DriveNow is perfect
Walmart will sell cars in 250 of its stores
A year ago the giant of the retail distribution of the United States announced that it was entering a completely new part for them in terms of commercialization, that of the sale of vehicles. Until now, it offered this possibility in 25 of its establishments, but now it publishes that it will extend the initiative… Continue reading Walmart will sell cars in 250 of its stores
The emissions of new cars sold in Spain rise for the first time in ten years
The average emissions of carbon dioxide (CO2) of new cars sold in Spain stood at 116 grams per kilometer traveled in 2017, which is one gram more than the average of the previous year, according to MSI consultancy for employers of the concessionaires, Faconauto. In this way, it ends with a tendency of falls in… Continue reading The emissions of new cars sold in Spain rise for the first time in ten years