Tag: M and A

Hino, VW partner on hybrids, autonomous drive, technology

TOKYO: Hino Motors, Toyota Motor Corp.’s group truck manufacturer, and Volkswagen Truck & Bus of Germany say they have agreed to work together in a partnership on technologies like hybrids, electric cars, autonomous driving and connectivity. Under the deal signed Thursday, each company will maintain independence, but executive teams will work together to map out… Continue reading Hino, VW partner on hybrids, autonomous drive, technology

Partnership with Toyota subsidiary Hino Motors: VW truck boss Renschler is working on the Global Champion

All articles and backgrounds 04/12/2018 Partnership with Toyota subsidiary Hino Motors VW truck boss Andreas Renschler is working on the Global Champion REUTERS Andreas Renschler Volkswagen and Japanese truck builder Hino Motors are entering into a close strategic alliance, according to information from manager-magazin.de. The alliance plans to cooperate on, among other things, environmental technologies,… Continue reading Partnership with Toyota subsidiary Hino Motors: VW truck boss Renschler is working on the Global Champion

Volkswagen Truck & Bus and Hino Motors agree to enter into a strategic partnership

News Press Release News Group Braunschweig, Germany, Tokyo, Japan, 12 April 2018 Volkswagen Truck & Bus and Hino Motors agree to enter into a strategic partnership Hino Motors, Ltd. and Volkswagen Truck & Bus GmbH signed an agreement aiming to build a mutually beneficial strategic long-term partnership on eye-level.   …more

Deutsche Bahn and BVG: Berlin wants to test autonomous buses on public roads

The German Railways and the Berlin public transport want to promote autonomous driving in the capital and extend the current test operation to public roads. Berlin already has a pilot project for autonomous buses. Source: ml, April 12, 2018, 07:18 Deutsche Bahn and Berliner Verkehrsbetriebe cooperate in autonomous driving. (Photo: BVG) Deutsche Bahn (DB) and… Continue reading Deutsche Bahn and BVG: Berlin wants to test autonomous buses on public roads

In Uber’s Vision of the Future, Every Form of Transport Is Fair Game

Uber wants to get you where you’re going, even if you don’t want to use any fossil fuels to get there. Following the news that the ride-hailing company had acquired electric bike-share startup Jump, Uber announced that its app will soon feature multiple new transport options, including bike-sharing, options for mass transit, and peer-to-peer car… Continue reading In Uber’s Vision of the Future, Every Form of Transport Is Fair Game

Tenneco plans to buy Southfield-based Federal-Mogul

Tenneco has purchased Southfield-based auto parts company Federal-Mogul from Carl C. Icahn’s Icahn Enterprises. (Photo: Mark Lennihan / AP) Tenneco Inc. plans to purchase Southfield-based auto parts company Federal-Mogul LLC for $5.4 billion. Pending regulatory approval, the merged company would split into two separate companies by the end of 2019. Officials said Tuesday it was… Continue reading Tenneco plans to buy Southfield-based Federal-Mogul

Uber gets into car rentals and public transit

Uber is officially a multi-modal transportation platform. On the heels of its acquisition of bike-share startup JUMP, Uber CEO Dara Khosrowshahi today announced Uber Bike‘s expansion into Washington D.C., along with two key partnerships in car rentals and public transit. The first is with instant car-booking service Getaround, which launched at TechCrunch Disrupt NY in… Continue reading Uber gets into car rentals and public transit

Shell and Gordon Murray Design to bring flat-pack trucks to India

OX, the flat pack truck, with its developers Shell Lubricants has announced that it will commission a pre-production prototype of the flat-pack truck called ‘OX’ and it will take this truck to India. The ‘OX to India’ mission will showcase the capabilities of the vehicle for bringing low-cost all-terrain mobility to rural communities in developing… Continue reading Shell and Gordon Murray Design to bring flat-pack trucks to India

Daimler and VW against Prevent: The wrong strategy of the German car industry

All articles and backgrounds 04/11/2018 Daimler and VW v Prevent The wrong strategy of the German car industry A guest commentary by Stefan Randak Volkswagen and Daimler in a clinch with Prevent: The increasingly open conflict between suppliers and car manufacturers is also affecting manufacturers The dispute between VW and Daimler and the supplier Prevent… Continue reading Daimler and VW against Prevent: The wrong strategy of the German car industry