Stellantis expects that the company’s electric vehicle sales next year will be far higher than the “minimum level required to meet the EU’s stricter CO2 emission targets.” Stellantis Chief Financial Officer Doug Ostermann said that this confidence is based on market demand for the company’s new electric vehicles. Doug Ostermann said at the Goldman Sachs […]
CYVN Holdings, an Abu Dhabi-based investment company, has finalized a deal to acquire McLaren’s sports car business from Bahrain’s sovereign wealth fund Mumtalakat Holding. The Abu Dhabi government said in a statement that the deal also gives CYVN a non-controlling stake in McLaren’s racing business. The two parties are reported to have signed the deal […]
According to Reuters, sources revealed that American electric vehicle manufacturer Tesla has begun to find the site selection in the Show Hall in New Delhi, India, indicating that Tesla is re -considered entering the Indian market. Sources said that at present, Tesla is […]
On December 11, Mainland Group issued a statement saying that the chairman of the Supervisory Board has agreed to the 52 -year -old Olaf Schick in advance to resign from the position of the chief financial officer and the requests of the members of the Integrity and Law Executive […]
According to foreign media reports, Cyvn Holdings, an investment company headquartered in Abu Dhabi, has finalized a transaction to acquire McLaren’s sports car business in the hands of the Barin Mumtalakat Holding. The Abu Dhabi government stated in a statement that the […]
Before the fourth round of negotiations began, ARNE Meiswinkel, the chief negotiator of Volkswagen Group, said, “We need to continue to reduce costs and reduce production capacity.” After more than 7 hours of negotiations, Arne Meiswinkel said: “Obviously, after passing, after passing, after passing Today’s negotiations are far from the solution. […]