Volkswagen is in talks to form a joint venture with China’s Didi Chuxing to manage part of the ride-hailing company’s fleet of cars and help develop ‘purpose-built’ vehicles for Didi’s services.
Former Opel CEO Karl-Thomas Neumann will join California-based EV startup Evelozcity, which is run by ex-BMW executives.
Plastic Omnium’s acquisition of Faurecia’s exterior parts business has opened the door to new business with Germany’s automakers, says Jean-Michel Szczerba, Plastic Omnium co-CEO.
International auto executives say they are in no rush to shake up their joint ventures with Chinese carmakers, despite Beijing’s promise to loosen limitations on foreign investment.
Ryan Gremore, president of the O’Brien Auto Team, decided that if a medical emergency ever took place at one of his stores, staffers would have the tools and training to address it.