@VW Group: New ways to reach customers: urban sales formats are catching on004398

22/12/2021 With facilities right in the hustle and bustle of inner-city life, Porsche is increasingly turning to urban formats for its retail activities. Six Porsche Studios and 11 temporary Porsche NOW sales pop-ups were opened by the sports car manufacturer around the globe during 2021 – an average of more than one new site per… Continue reading @VW Group: New ways to reach customers: urban sales formats are catching on004398

@VW Group: #PioneersForPorsche: Philipp Schröder, the founding spirit behind 1KOMMA5°004396

21/12/2021 #PioneersForPorsche looks at the people behind the ideas, their challenges, great success and key learnings. First up is Philipp Schröder, Co-Founder of 1KOMMA5°, dedicated to a sustainable future through clean energy. Since its founding in 2016, Porsche Ventures has been strategically investing in business models in the areas of customer experience, mobility and digital… Continue reading @VW Group: #PioneersForPorsche: Philipp Schröder, the founding spirit behind 1KOMMA5°004396

China’s Tencent to give $16.4b JD.com stake to shareholders as dividend

Chinese gaming and social media company Tencent will hand a $16.4 billion JD.com stake as a dividend to its shareholders, weakening its ties to the e-commerce firm and raising questions about its plans for other holdings. Tencent said on Thursday it will distribute HK$127.69 billion ($16.37 billion) worth of its JD.com stake to shareholders, slashing its holding in China’s second-biggest e-commerce company to 2.3% from around 17% now and losing its… Continue reading China’s Tencent to give $16.4b JD.com stake to shareholders as dividend

@FCA: MEDIA ADVISORY: Chrysler to Unveil Chrysler Airflow Concept, Announce Roadmap for Brand’s Future at CES 2022

December 22, 2021 , Auburn Hills, Mich. – Chrysler brand is preparing to pull back the curtain at CES 2022 in Las Vegas, with the unveiling of the Chrysler Airflow Concept and a peek at the brand’s forward-looking electrification strategy. WHERE: Stellantis Display, Booth 4643, Las Vegas Convention Center, West Hall, “Tech East” WHEN: Wednesday, January 5, 2022, 11… Continue reading @FCA: MEDIA ADVISORY: Chrysler to Unveil Chrysler Airflow Concept, Announce Roadmap for Brand’s Future at CES 2022

Lotus ends production of Elise, Exige and Evora

Lotus has ended production for all three of its stalwart models, with the final Elise, Exige and Evora models rolling off the production line ahead of the launch of the new Emira-led era.  Combined, Lotus has produced 51,738 units of the three models, which amounts to nearly half of the firm’s total production over its… Continue reading Lotus ends production of Elise, Exige and Evora

Sony India, Zee seal mega merger to take on streaming platforms

Sony‘s India unit has finalised a deal with local rival Zee Entertainment to merge their television channels, film assets and streaming platforms, joining forces to take on the likes of Netflix and Disney in India. India, still heavy on direct-to-home TV entertainment, has in the past few years seen a surge of competition from streaming… Continue reading Sony India, Zee seal mega merger to take on streaming platforms

@GM: GM Opens Broad Application of EV Component Sets, Advancing the ‘Everybody In’ Electrification Approach December 22, 2021

GM Opens Broad Application of EV Component Sets, Advancing the ‘Everybody In’ Electrification Approach Electrification components applied to EV conversion projects, commercial equipment, marine applications and more Expanding GM’s technology platforms beyond its core portfolio will drive growth beyond vehicle sales and enable new business models DETROIT – Guided by its vision of a world… Continue reading @GM: GM Opens Broad Application of EV Component Sets, Advancing the ‘Everybody In’ Electrification Approach December 22, 2021

Scientific Games Withdraws Offer to Acquire Remaining 19% Equity Interest in SciPlay

LAS VEGAS, Dec. 22, 2021 /PRNewswire/ — Scientific Games Corporation (NASDAQ: SGMS) (“Scientific Games,” “SGC” or the “Company”) today announced that it has withdrawn its previously announced July 15, 2021 all-stock offer to acquire the remaining 19% equity interest in SciPlay that it does not currently own. SGC previously offered to merge with SciPlay in a… Continue reading Scientific Games Withdraws Offer to Acquire Remaining 19% Equity Interest in SciPlay

GM reveals aftermarket package to electrify older vehicles

General Motors Co.’s next year will offeran aftermarket package to electrify older vehicles like a 1972 El Camino SS, the company said Wednesday.  GM, which has pushed its goal of zero crashes, zero emissions and zero congestion for years, estimates that electrification components could bring in $20 billion by 2030.  One of those component sets is the… Continue reading GM reveals aftermarket package to electrify older vehicles

GRECIAN DELIGHT | KRONOS FOODS ANNOUNCES SALE OF DISTRIBUTION BUSINESS TO CHRIST PANOS FOODS CORPORATION

“This transaction marks an important step in the Grecian Delight | Kronos Foods strategic growth initiative. We are keenly focused on offering best-in-class service to our customers. By selling our distribution services business, we are further strengthening our position as the industry’s premier manufacturer of Greek and Mediterranean foods,” said Peter Parthenis, Jr., CEO of… Continue reading GRECIAN DELIGHT | KRONOS FOODS ANNOUNCES SALE OF DISTRIBUTION BUSINESS TO CHRIST PANOS FOODS CORPORATION