An employee attaches paperwork to the windshield of a vehicle in the general assembly shop at the SAIC-GM-Wuling Automobile Co Baojun plant, a joint venture between SAIC Motor Corp, General Motors Co and Liuzhou Wuling Automobile Industry Co, in Liuzhou, Guangxi province, May 23, 2018. [Photo/VCG] SHANGHAI – US car maker General Motors has inaugurated… Continue reading GM inaugurates battery assembly plant in Shanghai
Tag: M and A
Turkey raises its own car brand: Bosch manager to bring Turkish electric Volksauto car on the road
All articles and backgrounds 08/06/2018 Turkey picks up its own car brand Bosch manager to bring Turkish electric Volksauto car on the road Pool Presdential Press Service / AP / dpa The national car plans of Turkish President Recep Tayyip Erdogan take on a more concrete form An own domestic vehicle brand for Turkey until… Continue reading Turkey raises its own car brand: Bosch manager to bring Turkish electric Volksauto car on the road
Volvo Cars to focus on new ways of introducing cars and services to consumers
Volvo Cars to focus on new ways of introducing cars and services to consumers Volvo Cars, the premium car maker, will continue its move away from traditional auto industry events to focus on bespoke activities to introduce its new cars, technologies and services to media and consumers. The shift towards purpose-specific communications supports the company’s… Continue reading Volvo Cars to focus on new ways of introducing cars and services to consumers
Hexagon Acquires AutonomouStuff, Bolstering its Leadership Position in Autonomous Solutions
NACKA STRAND, Sweden, June 8, 2018 /PRNewswire/ — Hexagon AB, a global leader in digital solutions, announces the acquisition of AutonomouStuff, one of the world’s leading suppliers of integrated autonomous vehicle solutions. Founded in 2010, US-based AutonomouStuff is pioneering turn-key platforms for autonomous vehicle development, robotics and data intelligence innovation. Its turn-key platforms, which utilise… Continue reading Hexagon Acquires AutonomouStuff, Bolstering its Leadership Position in Autonomous Solutions
Geely and Shell sign strategic agreement for new markets, R&D and new opportunities
Duke of Richmond welcoming Geely and Shell to Goodwood. Geely’s Bo Yue fleet arrives at Goodwood. Chinese carmaker Geely has extended its strategic collaboration agreement with energy major Shell that will go beyond just lubricants, at the sidelines of the recently concluded Sino-Euro tour. The ‘Challenge 100 Degrees – Geely Goes Global, Powered by Shell’… Continue reading Geely and Shell sign strategic agreement for new markets, R&D and new opportunities
Supplier dispute with VW: Prevent subsidiary closes Leipzig plant
All articles and backgrounds 08/06/2018 Supplier dispute with VW Prevent subsidiary closes Leipzig plant DPA Worker of the New Halberg font Around 800 jobs are to be canceled: A subsidiary of the VW supplier Prevent wants to close its Leipzig foundry. The companies reproach each other. The dispute between the car supplier Prevent and Volkswagen… Continue reading Supplier dispute with VW: Prevent subsidiary closes Leipzig plant
GM and Honda join hands for next-gen EV battery development
General Motors Co and Honda have announced an agreement for new advanced chemistry battery components, including the cell and module, to accelerate both companies’ plans for all-electric vehicles. The next-generation battery will deliver higher energy density, smaller packaging and faster charging capabilities for both companies’ future products, mainly for the North American market. Under the… Continue reading GM and Honda join hands for next-gen EV battery development
Peer-to-Peer Ridesharing Platform, HyreCar Files Registration Statement for Proposed Initial Public Offering
LOS ANGELES, June 7, 2018 /PRNewswire/ — Today, HyreCar Inc. announced it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (“SEC”) relating to a proposed initial public offering of shares of its common stock. HyreCar Inc. plans to offer 2,100,000 shares of its common stock at a… Continue reading Peer-to-Peer Ridesharing Platform, HyreCar Files Registration Statement for Proposed Initial Public Offering
British automotive company Cosworth eyes New York IPO in 2019
NEW YORK, June 7 (Reuters) – Cosworth, the British automotive engineering company famous for the engines it once made for Formula One racing teams, plans an initial public offering (IPO) in New York as early as next year, Chairman Kevin Kalkhoven said on Thursday. Cosworth has broadened its focus in recent years from manufacturing engines… Continue reading British automotive company Cosworth eyes New York IPO in 2019
Lime brings electric scooters to LA
While electric scooter startups are at a standstill in San Francisco, Lime is taking its scooter service to Santa Monica, Calif. — competitor Bird’s home turf. Lime was planning to launch its new model of scooter that it built in partnership with Segway in San Francisco last month, it’s now debuting them in the Los Angeles… Continue reading Lime brings electric scooters to LA