Canada Drives, an online car shopping and delivery platform, announced $79.4 million ($100 million CAD) in Series B funding that it will use to expand its service across Canada. It was founded in 2010 as a car financing company but launched an e-commerce platform for new and used vehicles last year. Canada Drives currently operates… Continue reading Canada Drives raises $79.4 million to expand online car purchasing and delivery platform
Tag: Renault
Global Advanced Composites Market to Reach $48 Billion by 2026
FACTS AT A GLANCE Edition: 5; Released: April 2021 Executive Pool: 4533 Companies: 28 – Players covered include Advanced Composites, Inc.; Agy Holdings Corp.; BASF SE; DowAksa Advanced Composites Holdings BV; DowDuPont, Inc.; Gaffco Ballistics Inc.; Gurit Holding AG; Henkel AG & Co. KGaA; Hexcel Corporation; Hexion Inc.; Honeywell International, Inc.; Huntsman International LLC; Hyosung Corporation; Kineco Kaman Composites; Koninklijke… Continue reading Global Advanced Composites Market to Reach $48 Billion by 2026
Demand in Automotive Industry Giving Tailwinds to Continuous Fiber-Reinforced Thermoplastic (CFRTP) Market Growth
NEW YORK, Aug. 18, 2021 /PRNewswire/ — As per insights by Fact.MR, the global continuous fiber-reinforced thermoplastic composite market is estimated to expand at a rate of 1.7X, totaling US$ 1.5 bn by 2031 in comparison to the valuation of US$ 900 Mn registered in the year 2020. The ability of continuous fiber-reinforced thermoplastic (CFRTP) composites to… Continue reading Demand in Automotive Industry Giving Tailwinds to Continuous Fiber-Reinforced Thermoplastic (CFRTP) Market Growth
Ex-Nissan boss Carlos Ghosn talks of daring escape from Japan – The Guardian
Carlos Ghosn This article is more than 1 month old Ex-Nissan boss Carlos Ghosn talks of daring escape from Japan This article is more than 1 month old Fugitive businessman, accused of financial misconduct, tells BBC how he fled Japan hidden in a box on a private jet Carlos Ghosn in Beirut in June. He… Continue reading Ex-Nissan boss Carlos Ghosn talks of daring escape from Japan – The Guardian
Carlos Ghosn, ex-Nissan chief, walks out of DW’s Conflict Zone interview – DW (English)
Former Nissan boss and international fugitive Carlos Ghosn abruptly stopped an interview with DW’s Conflict Zone, arguing “bad faith” by host Tim Sebastian. Ghosn, who was one of the most powerful men in the global car industry, abruptly cut short an interview with DW’s Conflict Zone host Tim Sebastian when he disliked the host’s line… Continue reading Carlos Ghosn, ex-Nissan chief, walks out of DW’s Conflict Zone interview – DW (English)
5 key takeaways from AP’s interview with Carlos Ghosn – The Associated Press
1 of 5 FILE – In this Sept. 29, 2020, file photo, Nissan’s former executive Carlos Ghosn attends a press conference at the Holy Spirit University of Kaslik (USEK), north of Beirut, Lebanon. The trial of two Americans, Michael Taylor and his son Peter, accused of helping former Nissan Chairman Carlos Ghosn escape from Japan… Continue reading 5 key takeaways from AP’s interview with Carlos Ghosn – The Associated Press
IndiaRenault-Nissan ordered to pay additional wages, despite warning India unit could become ‘unviable’August 17, 2021
The logos of car manufacturers Nissan and Renault are pictured at a dealership Kyiv, Ukraine June 25, 2020. REUTERS/Valentyn Ogirenko/File Photo CHENNAI, Aug 17 (Reuters) – An Indian arbitrator has issued an order asking Nissan Motor Co (7201.T) to pay its factory workers additional wages, despite warnings from the automaker that a higher payout could… Continue reading IndiaRenault-Nissan ordered to pay additional wages, despite warning India unit could become ‘unviable’August 17, 2021
Indian arbitrator asks Renault-Nissan to pay workers $9.5 million interim dues
Workers at the Renault-Nissan plant in Chennai filed an industrial arbitration suit demanding 20,000 rupees as a monthly interim settlement after the expiry of a previous wage agreement in March 2019. By Sudarshan Varadhan and Aditi Shah New Delhi: An Indian arbitrator has asked Renault-Nissan to pay its 3,542 workers at its southern Indian plant… Continue reading Indian arbitrator asks Renault-Nissan to pay workers $9.5 million interim dues
Faurecia Soars as $8 Billion Deal Reduces Engine Exposure
(Bloomberg) — Faurecia SE surged after the French auto supplier agreed to take over Hella GmbH, boosting its standing with German automakers and rendering the company less reliant on fading internal combustion engines. The deal reached over the weekend values Hella at 6.8 billion euros ($8 billion) and will form the world’s seventh-largest car-parts maker.… Continue reading Faurecia Soars as $8 Billion Deal Reduces Engine Exposure
Disruptions fuel India’s ER&D opportunities
Digitalisation is on the rise. A greater degree of software processes were used to make the Renault Kiger and Nissan Magnite production-ready. India’s software industry, which is of a global calibre and scale, has given a big fillip to brand India. The country’s engineering & R&D (ER&D) industry strives to do something similar. As the… Continue reading Disruptions fuel India’s ER&D opportunities