WATERLOO, ON, March 26, 2018 /PRNewswire/ – RideCo, a leading provider of microtransit technology announced the successful deployment of its platform to enable Grab’s services. Following the successful completion of a trial in Singapore, the two companies have entered into an expanded agreement for RideCo’s platform to power Grab’s dynamic shuttle bus and van businesses.… Continue reading RideCo and Grab expand partnership to provide dynamic shuttle services to corporate and consumer markets
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PSA wants to totally disengage from Gefco
It’s almost the end of an era. According to our information, PSA has put up for sale its residual interest in the logistician Gefco, one of its historical subsidiaries. The French manufacturer had already sold 75% of the capital of the company in 2012 to the Russian equivalent of the SNCF, RZD . At the… Continue reading PSA wants to totally disengage from Gefco
Octo partners with RCI Bank and Services to provide telematics services for vehicles
Octo Telematics announced that it has entered into a global partnership with RCI Bank and Services, the finance company from Groupe Renault to provide its telematics services and advanced big data analytics to enhance the driving experience of drivers worldwide. As part of its sales process, RCI Bank and Services will offer customers the option… Continue reading Octo partners with RCI Bank and Services to provide telematics services for vehicles
Ford’s Lincoln Looks to SUVs for Salvation
Just two years after Ford Motor Co. bet the revival of its Lincoln luxury line on the return of the Continental sedan, it’s reversing course and going all in on sport utility vehicles instead. Despite its retro Rat Pack allusions and elegant evocation of Bentley styling, the Continental didn’t sell as expected. Sales are down… Continue reading Ford’s Lincoln Looks to SUVs for Salvation
Chinas biggest battery manufacturer aims to become a global player after raising a $2 billion in an IPO
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Nissan Introduces $2,850 Refabricated Batteries For Older LEAF
59 M BY MARK KANE Announces exchange costs for new 24, 30 and 40 kWh LEAF batteries too. Nissan is finally launching the exchange program for Nissan LEAF batteries in Japan that enables LEAF owners to trade in old batteries for refabricated ones. The 24 kWh refabricated batteries for the oldest LEAFs will be offered… Continue reading Nissan Introduces $2,850 Refabricated Batteries For Older LEAF
Federal-Mogul Powertrain and Dong Feng Motor Parts and Components Group Announce New Piston Joint Venture
Federal-Mogul Powertrain and Dong Feng Motor Parts and Components Group Announce New Piston Joint Venture SHANGHAI, March 26, 2018 /PRNewswire/ — Federal-Mogul Powertrain and Dong Feng Motor Parts and Components Group Co., Ltd. (Dong Feng Parts and Components Group), a subsidiary of Dong Feng Motor Corporation, today announced an agreement to establish a new piston… Continue reading Federal-Mogul Powertrain and Dong Feng Motor Parts and Components Group Announce New Piston Joint Venture
Nissan aims to sell 1 million electrified vehicles a year by FY2022
Nissan aims to sell 1 million electrified vehicles a year by FY2022 Nissan M.O.V.E to 2022 midterm plan targets technology evolution with electric vehicle leadership, autonomous driving expansion and the delivery of mobility services YOKOHAMA, Japan – Nissan Motor Co., Ltd. today unveiled plans to launch growing numbers of electrified vehicles, expand and evolve… Continue reading Nissan aims to sell 1 million electrified vehicles a year by FY2022
DongFeng Motor Group and Groupe PSA Establishes a Leasing Joint Venture to Address the Automotive Market in China
WUHAN, China–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG): On March 23rd, 2018, DongFeng Motor Group (DFG), Banque PSA Finance (BPF, the captive financing and mobility services provider of Groupe PSA) and DongFeng Peugeot Citroën Automobiles (DPCA), signed a joint venture (JV) agreement aiming to create a financial leasing joint venture to offer especially long term leasing… Continue reading DongFeng Motor Group and Groupe PSA Establishes a Leasing Joint Venture to Address the Automotive Market in China
Daimler launches new DENZA electric vehicle for the Chinese market
Daimler and its Chinese partner BYD continuously invest in DENZA product development for China’s New Energy Vehicle (NEV) market New DENZA electric vehicle brings a refreshed exterior design and extended range of around 500 kilometers Locally sourced and produced, DENZA brand combines Daimler’s vehicle architecture expertise with BYD’s leading battery technology Stuttgart / Shenzhen –… Continue reading Daimler launches new DENZA electric vehicle for the Chinese market