Tag: M and A

Car company: PSA rejects reports of price increases for spare parts

PSA plant in France The car maker sees the allegations as unfounded. (Photo: AFP) ParisDer French carmaker PSA (Citroen, Peugeot, Opel) has rejected media reports, according to which he should have driven up certain spare parts prices with the help of a special software. The allegations are unfounded, said a spokesman on Thursday the German… Continue reading Car company: PSA rejects reports of price increases for spare parts

Waymo to get more than 60000 cars from Fiat Chrysler for robotaxis

(Reuters) – Fiat Chrysler Automobiles NV will add up to 62,000 more cars to Alphabet Inc’s autonomous driving unit Waymo, the companies said on Thursday, as part of Waymo’s plan to roll out a robotaxi service in the U.S. later this year. A Waymo self-driving car is seen during the annual Google I/O developers conference… Continue reading Waymo to get more than 60000 cars from Fiat Chrysler for robotaxis

Last Five-Year Plan for Fiat Chrysler: Marchionne’s Legacy: Fiat Niche!

All articles and backgrounds 05/31/2018 Last Five-Year Plan for Fiat Chrysler Marchionne’s Legacy: Fiat Niche! REUTERS Fiat Chrysler boss Sergio Marchionne at a press conference in November 2017. Grande Finale for Sergio Marchionne: The FCA boss will soon announce a new five-year plan for Fiat Chrysler Automobiles. It will be his last major step. Before… Continue reading Last Five-Year Plan for Fiat Chrysler: Marchionne’s Legacy: Fiat Niche!

Voltaiq Raises $6.6 Million in Oversubscribed Series A Funding Round

BERKELEY, Calif. and BROOKLYN, N.Y., May 31, 2018 /PRNewswire/ — Voltaiq, the leader in Battery Intelligence™ software solutions, today announced that it has raised $6.6 million in a Series A funding round. The round was led by Anzu Partners and includes Bee Partners, SJF Ventures, and UL Ventures. The funding will enable Voltaiq to accelerate the roll… Continue reading Voltaiq Raises $6.6 Million in Oversubscribed Series A Funding Round

Chinese EV Unicorn NIO Begins ES8 Deliveries As The First To Face Consumer Inspections

Finally, one Chinese electric vehicle company has reached the critical moment of delivering its vehicles to face the real-life tests and inspections by consumers. NIO, a Shanghai-based EV unicorn with a reported valuation of between US$3 billion to US$5 billion, delivered its first batch of NIO ES8, a seven-seater electric SUV, today in Shanghai, NIO… Continue reading Chinese EV Unicorn NIO Begins ES8 Deliveries As The First To Face Consumer Inspections

Michelin completes the acquisition of Fenner PLC

Le 16 mai 2018, les actionnaires de Fenner ont approuvé ce Scheme à plus de 99 % des voix. Celui-ci a également été homologué par le tribunal en date du 25 mai 2018. Chaque actionnaire de Fenner concerné par le Scheme recevra 6,10 £ en numéraire par action Fenner.PLC, au plus tard le 14 juin 2018, valorisant… Continue reading Michelin completes the acquisition of Fenner PLC

Michelin’s 2048 ambitions: MICHELIN tires will be made using 80 percent sustainable materials 100 percent of tires will be recycled

MICHELIN VISION : de l’Ambition à l’Action Actuellement, le taux mondial de récupération des pneus est de 70 % et le taux mondial de recyclage des pneus est de 50 %. Les pneus MICHELIN sont constitués de 28 % de matériaux durables (26 % de matériaux bio-sourcés, comme le caoutchouc naturel, l’huile de tournesol, le limonène,… Continue reading Michelin’s 2048 ambitions: MICHELIN tires will be made using 80 percent sustainable materials 100 percent of tires will be recycled