Nissan Motor Co., Ltd. unveiled a four-year plan to achieve sustainable growth, financial stability and profitability by the end of fiscal-year 2023. The scalable plan, involving cost-rationalisation and business optimisation, will shift the company’s strategy from its past focus on inflated expansion.
ZF Friedrichshafen AG has successfully completed the acquisition of commercial vehicle technology supplier WABCO, having gained approval from all required regulatory authorities. WABCO shares, previously listed on the New York Stock Exchange, cease public trading with immediate effect.
Imperial’s UK organisation has been re-appointed to provide JIT and JIS logistics for a major car manufacturer.
Bentley Motors announced that Dr. Matthias Rabe, currently Chief Technology Officer of Volkswagen Passenger Cars, will be appointed Member of the Board for Engineering at Bentley Motors, effective 1 August 2020. He succeeds Dr. Werner Tietz who will leave the luxury brand at the end of June 2020 after more than two years to take up the position of Executive Vice-President for Research and Development at SEAT.
The new BMW 5 Series sporting a new look, an interior brimming with refinements, cutting-edge innovations and even greater efficiencies thanks to mild-hybrid technology, has been launched.
Two months after taking office as the new CEO at Audi, Markus Duesmann is setting up a unit for the accelerated development of additional automobile models.