The Daimler is seen during a press conference on the second press day of the Paris auto show, in Paris, France, October 3, 2018. REUTERS/Regis Duvignau FRANKFURT (Reuters) – German companies BMW and Daimler will name their combined ride-hailing and car-sharing firm “Jurbey”, a source familiar with the matter said on Tuesday. Daimler and BMW… Continue reading BMW and Daimler to name ride-hailing venture “Jurbey” – source
Tag: M and A
Jean-Dominique Senard, an anti-Ghosn at the head of Renault
Jean-Dominique Senard, at the Elysée on December 12th. Photo Ludovic Marin. AFP The former boss of Michelin will take the lead of the French car manufacturer this Thursday in doublet with Thierry Bolloré, already in place. A profile much less bling-bling than that of the fallen boss and still held in Japan. The retirement will… Continue reading Jean-Dominique Senard, an anti-Ghosn at the head of Renault
Toyota and Panasonic confirm EV battery joint venture
Toyota and Panasonic have confirmed plans to set up a joint venture to produce batteries for electric cars. The collaboration, which will begin by the end of 2020, will see the two companies transfer up to 3500 employees, and Panasonic relocate its manufacturing facilities in Japan and China. The batteries produced by the joint venture… Continue reading Toyota and Panasonic confirm EV battery joint venture
Schwäbisch-Bavarian development aid
They are bitter rivals in the luxury segment – nevertheless, Daimler and BMW want to make robotic cars together according to a report. What is behind the planned cooperation? Electric cars from Mercedes and BMW Monday, 21.01.2019 17:27 clock Until recently, such partnerships were almost unimaginable: a BMW engineer needed no help, least of all… Continue reading Schwäbisch-Bavarian development aid
Starbucks expands its delivery service to 6 more U.S. cities, starting with San Francisco
Starbucks on Monday announced an expansion of its delivery service in partnership with Uber Eats, which is now headed to six other major U.S. cities, starting with San Francisco this week. It will then roll out to Boston, Chicago, L.A., New York and Washington D.C., and is on track to reach one-quarter of U.S. company-operated… Continue reading Starbucks expands its delivery service to 6 more U.S. cities, starting with San Francisco
Growing our team and business in Michigan
Growing our team and business in Michigan Waymo TeamBlockedUnblockFollowFollowingJan 22 In the US, the auto industry is synonymous with Michigan. Auto manufacturing has created hundreds of thousands of jobs in the state and built an economic engine that helps fuel the entire country. Today, Waymo is excited to announce that we’ll grow our business in Michigan,… Continue reading Growing our team and business in Michigan
Toyota and Panasonic Agree to Establish Joint Venture Related to Automotive Prismatic Batteries
Toyota Motor Corporation (Toyota) and Panasonic Corporation (Panasonic) today concluded a business integration contract and a joint venture contract towards the establishment of a new company (joint venture) related to the automotive prismatic battery business. Major points of the agreements: – Toyota and Panasonic will establish a joint venture (pending approval from the competition law… Continue reading Toyota and Panasonic Agree to Establish Joint Venture Related to Automotive Prismatic Batteries
Jean-Dominique Senard, anti-Ghosn
As much as one is “bling-bling” and lover of ostentation, the other is modest and not really known for his antics. Chosen by Renault’s nominating committee to replace Carlos Ghosn as president of Losange, Jean-Dominique Senard has little in common with his predecessor. “It’s someone who will pay for his subway ticket! “Says an industry… Continue reading Jean-Dominique Senard, anti-Ghosn
EXCLUSIVE: Carlos Ghosn ready to resign from Renault
That should allow everyone to save face. For several weeks, Renault had spoken with the entourage of Carlos Ghosn to discuss his resignation. According to our information, it is now acquired. “Carlos Ghosn has been informed, both through the representatives of the State and by the group’s lawyers, of Renault’s desire to put in place… Continue reading EXCLUSIVE: Carlos Ghosn ready to resign from Renault
New site in the global battery production network: Mercedes-Benz Cars to build battery factory in Jawor, Poland
The global battery production network of Mercedes-Benz Cars is increasing to nine factories on three continents. Markus Schäfer, Member of the Divisional Board of Management of Mercedes-Benz Cars, Production and Supply Chain: “We will electrify the complete Mercedes-Portfolio until 2022 and will be able to offer in each segment various electrified alternatives to our customers.… Continue reading New site in the global battery production network: Mercedes-Benz Cars to build battery factory in Jawor, Poland