The lighting and electronics specialist HELLA and French automotive supplier Faurecia have signed an agreement on the combination of the two companies. As part of the transaction, Faurecia will acquire the 60 percent stake held by HELLA pool shareholders. The pool shareholders of HELLA will retain an up to 9% stake in the listed parent company via a reverse shareholding and therefore will continue to closely accompany HELLA in the future. A pool representative is also to join Faurecia’s Board of Directors.
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August 15, 2021
Energy commodity prices continued their upward surge in July, rising 4,8%. Prices have risen in 9 of the last 10 months.
July 25, 2021
Ford Romania announces that the new Machang E-Mustang is now available for pre-orders in Romania, through the network of Ford dealers specialized in selling electric vehicles. The starting price is 42,800 euros (with VAT and the Rabla Plus bonus applied).
The Ford Mustang Mach-E is available with rear-wheel drive or all-wheel drive, both versions can be paired with a standard or extended range battery. The version with extended range and rear-wheel drive has a range of up to 610 km measured in WLTP mode. The battery is charged from 10% to 80% in 38 minutes for the standard battery version and in 45 minutes for the extended battery version.
July 25, 2021
Telematics is a broad field, covering far more technologies and subcategories than people often realize. While the most recognizable subset is in the transportation industry with things like GPS navigation and usage-based insurance, that’s far from its only application. One of its most exciting and fastest-growing use cases is in robotics.
July 24, 2021
In the months and years to come, Citroën will completely review its range with the aim of resuming growth. Zoom on the future models of the chevron brand.
Like Renault, which has started a real revolution in recent weeks under the aegis of its new CEO Luca de Meo, Citroën begins a new era which should allow it to return to growth. To achieve this, the brand will deeply renew its range by focusing on the most profitable models and electrification.
July 24, 2021
Saint-Gobain announces the construction of a second plasterboard manufacturing line in its Turda plant, in northern Romania.
This €45 million investment aims to considerably increase the plasterboard manufacturing capacity in Romania in order to meet the rapidly growing local needs as well as those of the Central and Eastern European countries, and to secure Saint-Gobain's leadership position in light construction markets.
July 19, 2021
Energy commodity prices continued their upward surge in June, rising 9,4%. This follows a 7,2% rise in May. Non-energy prices eased 1,4% in June, after rising 6,5% in May.