The Serious Fraud Office has made an arrest and raided two residential premises as part of an investigation into a company that operated a hire car investment scheme. The SFO is investigating the activities of Raedex Consortium, which runs a string of companies including Buy2Let Cars, PayGo Cars, Wheels4Sure and Rent2Own Cars. The SFO, which… Continue reading Serious Fraud Office conducts raids over scheme by Buy2Let Cars owner
Tag: FCA
Toyota president Akio Toyoda is 2021 World Car Person of the Year
Ninety-three distinguished international journalists on the World Car Awards jury panel have voted Akio Toyoda, President and CEO, Toyota Motor Corporation, as the 2021 World Car Person of the Year. Akio Toyoda is the charismatic President and CEO of Toyota Motor Corporation, where he has spent years successfully remaking his company. In 2020, under his… Continue reading Toyota president Akio Toyoda is 2021 World Car Person of the Year
Stellantis Sochaux: 150 employees of the MBF foundry in Saint-Claude will demonstrate in front of the manufacturer’s factory
280 jobs are threatened in Saint-Claude in the Haut-Jura. The MBF Aluminum foundry has been in receivership for six months. Stellantis (ex-PSA), Renault … The intersyndicale wants French manufacturers to face up to their responsibilities. At the point where we are … It’s been six months since the start of the receivership, which we hear… Continue reading Stellantis Sochaux: 150 employees of the MBF foundry in Saint-Claude will demonstrate in front of the manufacturer’s factory
Bridgestone Completes Sale of Firestone Building Products to LafargeHolcim
Bridgestone Americas, Inc., a subsidiary of Bridgestone Corporation, has completed the sale of Firestone Building Products to Holcim Participations (US) Inc, a subsidiary of LafargeHolcim Ltd. (LafargeHolcim). The transaction, valued at USD $3.4 billion, will advance Bridgestone’s efforts to deliver value to customers and society as a global leader providing tires and advanced mobility solutions.… Continue reading Bridgestone Completes Sale of Firestone Building Products to LafargeHolcim
Renew the logo to communicate trust
Always part of the alliance with the French from Losanga, Nissan is a new logo inspired by scientific, technological and connectivity discoveries. And he wants to simultaneously express the two essences, that of the future and of tradition, while remaining anchored to its spirit of innovation. The company name is at the center, to make… Continue reading Renew the logo to communicate trust
Towards the electric, waiting for the Ferrari suv
2 ‘of reading The contact between Ferrari and electrification is getting closer and closer. In fact, among the innovations that will arrive this year from Maranello there will also be a plug-in hybrid hypercar. For now known as the internal name F171, it will be the second Ferrari in history infected by this technology, after… Continue reading Towards the electric, waiting for the Ferrari suv
Stellantis’ challenges start from the role and geography of the brands
3 ‘of reading The challenges that await Stellantis, the newly formed fourth world group born from the merger of PSA and FCA, are many, some with some degree of criticality, others that promise to be fascinating once hit. The main issue on the table of CEO Carlo Tavers is the one concerning the identity and… Continue reading Stellantis’ challenges start from the role and geography of the brands
VW China venture buys green credits from Tesla to meet local rules
A Volkswagen joint venture in China is buying green car credits from Tesla to help stay within local environmental rules, according to a Reuters report. The deal, the first of its kind to be reported between the two companies in China, highlights the scale of the task VW faces to transform its huge petrol carmaking… Continue reading VW China venture buys green credits from Tesla to meet local rules
Starving for more chips in a tech-hungry world
Supplies of many models were tight even before the chip shortage because automakers were having trouble making up for production lost to the pandemic. SAN RAMON: As the U.S. economy rebounds from its pandemic slump, a vital cog is in short supply: the computer chips that power a wide range of products that connect, transport… Continue reading Starving for more chips in a tech-hungry world
April Fools Day 2021: the car industry’s best and worst jokes
In what has become a tradition for the car industry, April Fools’ Day has been marked with a wave of fake news stories. The gags are usually harmless fun and do well to lighten the mood, which is no bad thing in the midst of a global pandemic. However, as you may already have read, a… Continue reading April Fools Day 2021: the car industry’s best and worst jokes