partnership
Top StoriesDanone Reorganises Chinese Assets, Cuts Ties With Mengniu
Top StoriesVolkswagen Boosts Electric Car Investment in Spain to 10 Billion Euros
Top StoriesUK’s Johnson to Meet Japan’s Kishida to Bolster Defence, Trade Ties
Top StoriesVw Embeds Qualcomm Chips in Autonomous Driving Software Plans
Stellantis Buys Car-Sharing Business as Bmw, Mercedes Take Different Route
Date: May 3, 2022
FRANKFURT/MILAN (Reuters) – Stellantis has agreed to buy the Share Now car sharing business from BMW and Mercedes-Benz as the two German groups focus more on the software part of their mobility alliance. Formed last year through the merger of Fiat Chrysler and Peugeot maker PSA, Stellantis wants to become a global leader in car-sharing,...
Japan PM Agrees Defence Deal With Thailand
Date: May 2, 2022
By Panu Wongcha-um BANGKOK (Reuters) – The leaders of Japan and Thailand announced a new defence agreement on Monday as well as plans to upgrade their economic relations, as Japanese Prime Minister Fumio Kishida wrapped up the last leg of a three-nation tour of Southeast Asia. The agreement would facilitate the transfer of defence hardware...
Audi, Porsche to Join Formula One, Vw CEO Says
Date: May 2, 2022
BERLIN (Reuters) -Volkswagen’s premium brands Audi and Porsche will join Formula One after convincing the German automaking group that the move will bring in more money than it will cost, VW Chief Executive Herbert Diess said on Monday. Discussions by the board of directors about the two brands’ plans had created some divisions, said Diess...
Mgm Resorts Offers to Buy Sweden’s LeoVegas for $607 Million
Date: May 2, 2022
(Reuters) – MGM Resorts International on Monday offered to acquire Swedish online gaming company LeoVegas AB for about $607 million, paving the way for the U.S. casino operator to expand its presence in Europe. MGM floated a recommended public tender offer for 61 crowns ($6.20) in cash per share, which represents a 44.2% premium to...
Volkswagen, Bp Could Expand E-Car Charging Alliance to Other Regions
Date: April 28, 2022
By Christoph Steitz DUESSELDORF, Germany (Reuters) – Europe’s top carmaker Volkswagen and oil major BP plan to deepen their electric charging partnership and could expand it to other regions and technologies, their CEOs said on Thursday. The comments reflect increasing efforts by carmakers and energy companies, including utilities and oil firms, to expand charging infrastructure...
Faurecia-Aptoide Signs up Mercedes in Infotainment Win Over Google
Date: April 28, 2022
By Gilles Guillaume PARIS (Reuters) – Mercedes-Benz will use embedded Faurecia-Aptoide technology to power navigation and other vehicle infotainment functions in a crucial win for the app provider against Alphabet Inc’s Google and other technology firms to control car dashboards. The companies said on Thursday that under a multi-year partnership, from 2023 the joint venture...