@Groupe PSA: PR Management changes at Opel/Vauxhall001047

Stephen Norman appointed Senior Vice President Sales, Aftersales and Marketing of Opel/Vauxhall Paul Willcox to take over as Managing Director of Vauxhall Rüsselsheim.  With effect from February 1st 2021 Stephen Norman is appointed Senior Vice President of Sales, Aftersales and Marketing of Opel/Vauxhall. He is currently Managing Director of Vauxhall Motors and will succeed Xavier Duchemin… Continue reading @Groupe PSA: PR Management changes at Opel/Vauxhall001047

A Year of Poor Planning Led to Carmakers’ Massive Chip Shortage

(Bloomberg) — Near-sighted planning, supply-chain complexities and a tradition of keeping inventories low caused the semiconductor shortage that is now forcing carmakers to idle production lines and straining their relationship with chip manufacturers. Seeds of the imbroglio were sown almost a year ago as the virus outbreak led to plunging car demand, prompting auto-chip companies… Continue reading A Year of Poor Planning Led to Carmakers’ Massive Chip Shortage

@Renault: AVTOVAZ has automated the “marriage”000159

AVTOVAZ keeps on modernizing technical processes aimed at increasing production efficiency.In January 2021, the new chassis with powertrain sub-assembly shop and semi-automated engine and chassis installing line at the B0 vehicle production plant were launched at the enterprise.The chassis with powertrain sub-assembly shop is floor conveyor with a special modular tooling, where is made main… Continue reading @Renault: AVTOVAZ has automated the “marriage”000159

Stellantis CEO says merger of Fiat Chrysler, Peugeot prevents job cuts

Don’t expect to see a Peugeot dealership popping up down the block anytime soon. That doesn’t mean the head of Stellantis, the new company formed from the merger this weekend of Fiat Chrysler Automobiles and PSA Group, won’t consider the possibility down the road.  But for right now, the closest most Americans might get to seeing… Continue reading Stellantis CEO says merger of Fiat Chrysler, Peugeot prevents job cuts

Grab, the $16 billion ride-hailing and delivery giant, is considering an IPO in the US this year, in what could be the largest overseas share offering by a Southeast-Asian company

Ride-hailing and food delivery giant Grab may launch an IPO in the US this year, sources told Reuters. The IPO could raise at least $2 billion, one of the sources said, which would likely be the largest overseas share offering by a Southeast-Asian company. Grab is worth more than $16 billion and operates in eight… Continue reading Grab, the $16 billion ride-hailing and delivery giant, is considering an IPO in the US this year, in what could be the largest overseas share offering by a Southeast-Asian company

German Handelsblatt: VW, Daimler and Co .: Shortage of chips and impending shutdown: The auto industry is fighting on two fronts001126

VW employees in Wolfsburg Restarting the auto industry after a shutdown is extremely time-consuming and time-consuming. (Photo: dpa) Munich, Düsseldorf The automotive industry is alarmed in two ways these days. On the one hand, industry heavyweights such as Volkswagen and Daimler have to cut back their production due to the global shortage of microchips and… Continue reading German Handelsblatt: VW, Daimler and Co .: Shortage of chips and impending shutdown: The auto industry is fighting on two fronts001126

Autocar confidential: Rimac talks EVs, Renault’s sustainable re-factory and more

In this week’s round-up of automotive gossip, we get Mate Rimac’s unfiltered take on the differences between EV hypercars, explore how Renault is refurbishing its Flins factory and more. Rimac talks EVs  Mate Rimac, boss of the Rimac EV technology firm, is brutally honest about how he sees electric hypercars differentiating themselves from rivals. “I… Continue reading Autocar confidential: Rimac talks EVs, Renault’s sustainable re-factory and more

@Nissan: Nissan is the UK’s most popular electric car and commercial vehicle brand000178

2021/01/18 Nissan is the biggest selling electric vehicle (EV) brand to offer both cars and commercial vehicles, the biggest supplier of e-LCV and second overall in the 2020 UK EV league, with 10,674 registrations Nissan e-NV200 is the UK’s best-selling electric commercial vehicle New £249/mth PCP offer in January makes LEAF a desirable and accessible… Continue reading @Nissan: Nissan is the UK’s most popular electric car and commercial vehicle brand000178

German Manager Magazin: Renault: Luca de Meo’s strategy should lead away from mass thinking, but in the case of electric cars, belligerent with Renault 5-Comeback000479

The French automakerRenaultwants to find its way back on the road to success with a sharper savings system and the conversion to a software-driven technology group. The new CEO Luca de Meo (53) explained on Thursday his restructuring program with the name “Renaulution”, with which he wants to increase the profitability of the troubled group… Continue reading German Manager Magazin: Renault: Luca de Meo’s strategy should lead away from mass thinking, but in the case of electric cars, belligerent with Renault 5-Comeback000479

Exclusive: Southeast Asia’s Grab considering U.S. IPO this year – sources

By Anshuman Daga 2 Min Read FILE PHOTO: A Grab vehicle is pictured in Singapore March 26, 2018. REUTERS/Edgar Su/File Photo SINGAPORE (Reuters) – Southeast Asian ride-hailing and food delivery giant Grab is exploring a listing in the United States this year, encouraged by robust investor appetite for IPOs, three sources familiar with the matter… Continue reading Exclusive: Southeast Asia’s Grab considering U.S. IPO this year – sources