DETROIT (Reuters) – Ford Motor Co (F.N) on Sunday will officially take the wraps off its long-awaited Ranger midsize pickup truck, a year ahead of its arrival in showrooms, as rivals consolidate positions in a segment Detroit automakers once gave up for dead. Ford executives did not disclose prices or fuel efficiency ratings for the… Continue reading Ford unveils future Ranger pickup for segment rivals dominate
Tag: M and A
Detroit’s auto giants take fight to big tech as largest US car show kicks into gear
The Detroit auto show, where today’s reality will be on display. Photograph: Mark Blinch/Reuters Automotive industry Detroit’s auto giants take fight to big tech as largest US car show kicks into gear The North American International Auto show has been overshadowed by CES – but it’s decided to stick to what it does best: cars… Continue reading Detroit’s auto giants take fight to big tech as largest US car show kicks into gear
TriForce Tokens Blockchain Gaming Welcomes Angel Investor David Drake to Advisory Board
NEW YORK, Jan. 13, 2018 /PRNewswire/ — Blockchain-powered gaming platform TriForce Tokens is pleased to bring on board LDJ Capital Chairman David Drake as an adviser, strengthening its bid to revolutionize the multi-billion dollar online gaming industry with proven venture capital expertise. Triforce Tokens has reached yet another significant milestone in recognition and acceptance, with renowned venture capitalist… Continue reading TriForce Tokens Blockchain Gaming Welcomes Angel Investor David Drake to Advisory Board
Via Partners with NAVYA To Introduce A Revolutionary New App Enabling Safe And Secure Autonomous Rides With Unprecedented User Controls
Published January 12, 2018 4:04 pm, Via NYC Via Partners with NAVYA To Introduce A Revolutionary New App Enabling Safe And Secure Autonomous Rides With Unprecedented User Controls Using The Via App, NAVYA AUTONOM CAB Riders Can Book And Control Their Travel Efficiently And Safely While Also Tailoring The Experience During Their Journey Globally renowned… Continue reading Via Partners with NAVYA To Introduce A Revolutionary New App Enabling Safe And Secure Autonomous Rides With Unprecedented User Controls
A JV between CarGarantie and Car Care Plan
Paul Newton, President and CEO of Car Care Plan, Marcel De Rycker, Managing Director of International Warranty Solutions, Axel Berger, President and CEO of CarGarantie. IWS for International Warranty Solutions, is the name of this joint venture created by the two guarantors whose goal is to offer manufacturers and distributors uniform guarantee programs on an… Continue reading A JV between CarGarantie and Car Care Plan
Airbus Supplier GKN Spurns $9.5 Billion Bid
GKN Plc rejected an unsolicited approach from Melrose Industries Plc and said it will split itself in two rather than than accept a 7 billion-pound ($9.5 billion) takeover offer that it says undervalues the U.K. maker of aerospace and automotive components. GKN shares surged as much as 28 percent to an all-time high after the… Continue reading Airbus Supplier GKN Spurns $9.5 Billion Bid
Alabama incentives for Toyota-Mazda factory top $700 million
The new plant in Huntsville – already a hub for the region’s budding aerospace industry – will produce 300,000 vehicles per year, a combination of the Toyota Corolla compact car and a new small crossover SUV from Mazda. Production is targeted to begin by 2021. MONTGOMERY: Alabama’s total incentive package to Toyota and Mazda will… Continue reading Alabama incentives for Toyota-Mazda factory top $700 million
China Digest: Tsign, HUAZHI, 4K Garden, Weacar, Fit-Start raise funds
January 12, 2018 China’s venture capital and private equity firms continue to invest in the country’s startup community. Here are some of the firms that received fresh funding from Chinese investors, based on a China Money Network Report. Tsign secures $23m in series B+ Hangzhou-based electronic signature service provider Tsign has secured $23 million in… Continue reading China Digest: Tsign, HUAZHI, 4K Garden, Weacar, Fit-Start raise funds
FCA moves Ram production to Mich., gives $2K bonuses
2017 Ram Power Wagon(Photo: FCA) Fiat Chrysler Automobiles NV will invest $1 billion at its Warren Truck Assembly plant to bring production of its Ram Heavy Duty truck to the U.S. from Mexico. The company said Thursday the move will add 2,500 jobs in Metro Detroit by 2020, when the plant retooling is completed. The… Continue reading FCA moves Ram production to Mich., gives $2K bonuses
Ford GoBike Bike Share System Passes Growth Milestones
SAN FRANCISCO, Jan. 11, 2018 /PRNewswire/ — The Ford GoBike program surpassed a key milestone in late December, with more than 500,000 rides taken since launch in June 2017. In another milestone, the number of Bay Area residents who have signed up for discounted memberships has nearly tripled since September 2017, thanks to vigorous efforts to… Continue reading Ford GoBike Bike Share System Passes Growth Milestones