RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG): The ChargeMyPeugeot and ChargeMyCitroën services provide access to the largest network of available electric charging stations. Users can locate 6,360 charging stations throughout France – including 460 fast-charge terminals – as well as check availability and type of plug. They can then access the charging station easily using… Continue reading Groupe PSA and DCS Offer Access to a French Network of More Than 6,300 Electric Charging Stations for Peugeot & Citroën vehicles
Tag: M and A
Stoneacre buys Platts Garage in Stafford
Stoneacre Motor Group has bought Platts Garage in Stafford, representing Fiat, Dacia, Renault and Kia. Platts has been located on the same site in Lightwood Rd, Longton since 1938 when it was known as Peppers Garage. It was awarded the Fiat franchise in 1946 and billed itself as the longest established Fiat franchise in the UK.… Continue reading Stoneacre buys Platts Garage in Stafford
BRIEF-Brembo chairman says not interested in Magneti Marelli
March 6 (Reuters) – Italian brakes maker Brembo Chairman Alberto Bombassei tells journalist at Geneva car show: * ABSOLUTELY NO INTEREST IN FIAT CHRYSLER’S MAGNETI MARELLI UNIT * CONSIDERING ONLY “TECHNOLOGICALLY ADVANCED” PRODUCTS FOR POSSIBLE ACQUISITIONS Further company coverage: (Reporting by Milan Newsroom) Our Standards:The Thomson Reuters Trust Principles.
Nissan Intelligent Mobility vision drives breakthrough announcements at Geneva Motor Show
Next generation of Nissan’s best-selling crossovers will offer electrified powertrain options to consumers “Simply Amazing” new Nissan LEAF is Europe’s fastest-selling electric vehicle as orders hit 19,000 Nissan Qashqai on sale with ProPILOT driver assistance technology this month New partnership with energy company E.ON advancing Nissan’s ambition to offer free power for its EV drivers… Continue reading Nissan Intelligent Mobility vision drives breakthrough announcements at Geneva Motor Show
Nissan: Nissan at Geneva Motor Show 2018: transforming the way we drive, transforming the way we live
GENEVA – The acceleration of electrification was the key theme at the Nissan stand during this year’s Geneva Motor Show. Taking center stage was the world premiere of the all-electric ABB FIA Formula E Championship race car, seen in its concept livery for the first time. The car will make its city circuit debut at… Continue reading Nissan: Nissan at Geneva Motor Show 2018: transforming the way we drive, transforming the way we live
India: Temasek said to be in talks to invest in SoftBank-backed Ola
March 6, 2018 After speculations of Japanese investment giant SoftBank wanting to pump in more funds in Indian ride hailing major Ola, Singapore’s sovereign wealth fund Temasek is now reportedly in talks to invest in the Uber rival. According to a report in The Economic Times quoting sources, Temasek and other investors are looking to invest… Continue reading India: Temasek said to be in talks to invest in SoftBank-backed Ola
Exclusive: Fiat Chrysler to spin-off Magneti Marelli without raising money – sources
LONDON/FRANKFURT/MILAN (Reuters) – Fiat Chrysler Automobiles NV (FCA) (FCHA.MI) is looking to spin off auto-parts business Magneti Marelli to its shareholders via a Milan listing that will not raise money by selling new shares, four sources familiar with the matter said. FILE PHOTO: A screen displays the ticker information for Fiat Chrysler Automobiles NV at… Continue reading Exclusive: Fiat Chrysler to spin-off Magneti Marelli without raising money – sources
Chinese Automaker Geely Offered To Buy Fiat Chrysler For $22 Billion: Report
Photo: FCA The founder and chairman of China’s Zhejiang Geely Holding Group Co. has global expansion on his mind. Last week, Li Shufu succeeded in becoming Daimler’s largest single shareholder. But before that he made a play for Fiat Chrysler, and today, we may know more about how that went down. The Billionaire Who Controls… Continue reading Chinese Automaker Geely Offered To Buy Fiat Chrysler For $22 Billion: Report
Used car site Vroom lays off staff, 25%-50% says source, as it halts Dallas and Indiana operations
Vroom, an on-demand car buying and selling startup that has raised over $300 million in venture funding, has hit a bump in the road. TechCrunch has learned and confirmed that the company has laid off a sizeable proportion of its staff — in line with a strategy of “sharpening our focus on profitability,” according to… Continue reading Used car site Vroom lays off staff, 25%-50% says source, as it halts Dallas and Indiana operations
May Mobility CEO: We’ll Beat Waymo, Uber, and Cruise to Market
When we spoke with Ed Olson, CEO of May Mobility, in January, he told us that his driverless-vehicle company had raised a little over $11 million in seed funding in 2017. Last week, May disclosed more details about its $11.5 million seed round: it was led by venture investment arms of Toyota and BMW, and… Continue reading May Mobility CEO: We’ll Beat Waymo, Uber, and Cruise to Market