The Ford Mobility team is accelerating and expanding its activities in 2018 to deliver a broad suite of mobility products and services to personal vehicle owners, fleet owners and cities globally Ford is enabling an increase in speed and scale through four newly established, integrated teams that will deliver new business innovation, business scaling and… Continue reading Ford Realigns Mobility Group; Acquiring Autonomic, TransLoc to Accelerate Growth
Tag: M and A
ZF Friedrichshafen picks Mahle CEO as new chief
Scheider is currently the CEO of auto parts supplier Mahle. Automotive supplier ZF Friedrichshafen has picked Wolf-Henning Scheider as its new chief executive, online publication manager-magazin.de reported on Thursday, citing no sources. Scheider will replace Stefan Sommer, who stepped down with immediate effect last month, the online outlet of monthly said. Scheider is currently the… Continue reading ZF Friedrichshafen picks Mahle CEO as new chief
Auto parts supplier: Scheider to become new boss at ZF Friedrichshafen
Wolf-Henning Scheider At Mahle, Scheider pushed ahead with the transformation towards electromobility. His expertise is needed at ZF Friedrichshafen. (Photo: AP) Mahle boss Wolf-Henning Scheider (55) is the favorite on the vacant executive chair at ZF Friedrichshafen. An official confirmation of the company does not exist yet. According to information from industry circles Scheider but… Continue reading Auto parts supplier: Scheider to become new boss at ZF Friedrichshafen
Gestamp agrees with BHAP to form a joint venture in China
Posted 1/25/2018 11:37:05 PM MADRID, Jan. 25 (EUROPA PRESS) – The Spanish manufacturer of components for automobiles Gestamp has reached an agreement for the formation of a ‘joint venture’ in China with the local company Beijing Hainachuan Automotive Parts (BHAP), subsidiary of automotive components of the Beijing Automotive Industry Group (BAIC). According to the company… Continue reading Gestamp agrees with BHAP to form a joint venture in China
SK Holdings, SoCar launch car-sharing business in Malaysia
SEOUL, Jan. 25 (Yonhap) — SK Holdings, the holding firm of South Korean energy and telecom conglomerate SK Group, said Thursday it has launched a car-sharing business in Malaysia by joining hands with South Korea’s No. 1 car-sharing startup SoCar. SoCar Malaysia — a joint venture between SK Holdings and SoCar — kicked off its… Continue reading SK Holdings, SoCar launch car-sharing business in Malaysia
National rules drafted for autonomous cars
A self-driving car demonstrates how it can steer clear of a cyclist in Xi’an, capital of Shaanxi province, last month.[Photo by Zhang Jie/for China Daily] The nation has completed the first draft of nationwide regulations for road tests of internet-connected vehicles and self-driving cars, as part of the broad push to gain a lead in… Continue reading National rules drafted for autonomous cars
The merger of the car-sharing daughters will come soon
BMW and Daimler are advancing in the proposed merger of their car sharing services, according to a newspaper report. The brands Drive Now and Car2Go should be preserved. Car2Go Smart Tuesday, 23.01.2018 18:13 clock BMW and Daimler its subsidiaries Drive Now and Car2Go are looking for information fromFrankfurter Allgemeine Zeitung“The negotiations are on the home… Continue reading The merger of the car-sharing daughters will come soon
Autoliv concludes strategic review and prepares for spin-off of its Electronics segment
Tue, Dec 12, 2017 08:30 CET (Stockholm, Sweden, December 12, 2017) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that its Board of Directors has concluded its strategic review and decided to prepare for a spin-off of its Electronics business segment, creating a new, independent publicly… Continue reading Autoliv concludes strategic review and prepares for spin-off of its Electronics segment
Ford UAW workers will get $7,500 profit-sharing checks
But low to moderate gas prices have propelled robust sales of large pickup trucks such as the 2016 Ford F-150 pickup that improved its fuel economy from the prior generation by using aluminum body panels. (Photo: Ford Motor Company) Ford Motor Co. said Wednesday afternoon that its year-end earnings were down slightly from analyst projections due… Continue reading Ford UAW workers will get $7,500 profit-sharing checks
Micello to join the HERE team: Together, we’ll map everything
How awesome it would be to have of searchable, digital, user-friendly maps to navigate large indoor spaces. Creating those maps efficiently… not quite as easy. We’re thrilled to be acquiring Micello to continue building premier-quality indoor maps and location-based services for everyone. Only 10 years ago, while Micello CEO Ankit Agarwal was trying to find… Continue reading Micello to join the HERE team: Together, we’ll map everything