BAIC announced holding stake in Daimler of 9.98% since 2019 Daimler holds a 9.55% stake in BAIC’s Hong Kong listed unit BAIC Motor Cross-shareholdings reflect commitment to continue joint success story in China Daimler welcomes long-term strategic shareholders especially during its EV and digital transformation Stuttgart (Germany) – Daimler AG’s long-term shareholder and partner in… Continue reading @Daimler: Daimler welcomes commitment by long-term partner BAIC
Tag: Strategy
@Daimler: 13. Dec 2021Daimler welcomes commitment by long-term partner BAIC
December 13, 2021 – Daimler AG’s long-term shareholder and partner in China, Beijing Automotive Group Co Ltd (BAIC), announced that it has been holding an increased stake in Daimler of 9.98 percent since 2019. This underlines the successful partnership to continue long-term success for Mercedes-Benz in China. Daimler owns a 9.55 percent stake in BAIC’s… Continue reading @Daimler: 13. Dec 2021Daimler welcomes commitment by long-term partner BAIC
Skoda begins rolling out new Kodiaq from Aurangabad plant
Gurpratap Boparai, MD, Skoda Auto Volkswagen India and Zac Hollis, Brand Director, Skoda Auto India with the new Kodiaq Skoda Auto today announced the start of production for the new Kodiaq SUV at its manufacturing facility in Aurangabad, Maharashtra. First introduced to India and the world in 2017, the Kodiaq’s sales success has fuelled newer… Continue reading Skoda begins rolling out new Kodiaq from Aurangabad plant
Cargolux selects IBS Software’s iCargo solution as next generation Cargo Management System
The iCargo implementation will enable Cargolux to further deliver and improve services and streamline customer experience. iCargo’s air cargo ecosystem will allow the airline to realize improved efficiencies through lean business processes. With APIs providing enhanced rich data sharing, Cargolux will facilitate improved co-ordination with partners and deliver a superior experience to customers. “Cargolux is… Continue reading Cargolux selects IBS Software’s iCargo solution as next generation Cargo Management System
MG Motor India begins export journey with Nepal, eyes UK and South Africa
The Hector is the first car to be exported by MG Motor India, to Nepal. Two-and-a-half years after beginning manufacturing operations at its Halol plant in Gujarat, MG Motor India has commenced exports. The Hector SUV is the first made-in-India product from the carmaker to be shipped overseas, to Nepal, which will be retailed by… Continue reading MG Motor India begins export journey with Nepal, eyes UK and South Africa
Binance affiliate says will withdraw Singapore licence application
Biance app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to reuters.com Register HONG KONG, Dec 13 (Reuters) – The Singapore affiliate of Binance, one of the world’s largest cryptocurrency exchanges, said in a statement on Monday it will withdraw its local license… Continue reading Binance affiliate says will withdraw Singapore licence application
@Honda: Honda’s First Formula 1 World Championship Title for 30 years Max Verstappen Wins the 2021 Drivers’ World Championship
Red Bull Racing Honda driver Max Verstappen won the Abu Dhabi Grand Prix, the 22nd round of the 2021 Formula 1 World Championship and the 26 points he scored was enough for him to take the World Championship title. This is Verstappen’s first ever title and for Honda, it is the first for 30 years,… Continue reading @Honda: Honda’s First Formula 1 World Championship Title for 30 years Max Verstappen Wins the 2021 Drivers’ World Championship
Vietnam car company Vingroup starts work on $174 mln EV battery plant
The VinFast LUX A2.0 is seen at t is seen during the first press day of the Paris auto show, in Paris, France, October 2, 2018. REUTERS/Benoit Tessier Register now for FREE unlimited access to reuters.com Register HANOI, Dec 12 (Reuters) – Vietnam’s biggest conglomerate Vingroup (VIC.HM) said on Sunday it had started building a… Continue reading Vietnam car company Vingroup starts work on $174 mln EV battery plant
New 2022 Volkswagen Amarok previewed in latest sketches
Volkswagen’s Commercial Vehicles arm has released further details and sketches of the next-generation Amarok ahead of the pick-up truck’s debut next year. It will be available to order from late 2022 in Europe. The model will share its platform with the next-generation Ford Ranger as one of the key vehicles to emerge from a technical… Continue reading New 2022 Volkswagen Amarok previewed in latest sketches
How Volvo plans to maintain its safety rep while staying in the fast lane
Safety in modern cars is no longer simply a question of engineering. It’s a technology and design challenge that is dependent on sensors and software and hinges on a user experience that is clear and intuitive for drivers. So how does Volvo, a company synonymous with safety, convince customers that it’s innovative, forward thinking and… Continue reading How Volvo plans to maintain its safety rep while staying in the fast lane