Tag: Investment
-
Company name | GM Inducted into Indiana Manufacturers Hall of Fame
GM has been inducted into the Indiana Manufacturers Hall of Fame, recognizing its over 80 years of commitment to Indiana’s economy and local communities. Employing nearly 6,000 people across seven facilities, GM has invested $2.8 billion in the state in the last decade. GM plans to expand its Indiana operations, including establishing an EV battery…
-
Huawei and Cyrus Sign Investment Framework Agreement
Huawei Smart Car Solutions August 26, 2024 23:10 [Shenzhen, China, August 23, 2024] Cyrus Group and Huawei have signed an investment framework agreement to deepen their strategic cooperation and promote investment in Cyrus Automotive. Through this agreement, Cyrus will acquire a 10% stake in Shenzhen Yinwang Intelligent Technology Co., Ltd., working alongside Huawei and other…
-
Changan Automobile｜Changan Automobile and Huawei Strengthen Strategic Cooperation and Sign Investment Agreement with AVATR Technology
On August 20, 2024, Changan Automobile and Huawei held a signing ceremony in Chongqing for their comprehensive strategic cooperation and investment agreement with AVATR Technology. AVATR Technology will invest 10% in Yinwang Intelligent Technology Co., Ltd., jointly supporting its future development with Huawei. Changan Chairman Zhu Huarong emphasized that this investment fully reflects Changan’s strategic…
-
Mitsubishi Motors Continues to be Selected for FTSE4Good Indices
Mitsubishi Motors has been recognized for its ESG efforts and selected for the “FTSE4Good Index Series” and “FTSE Blossom Japan Index” for five consecutive years, and the “FTSE Blossom Japan Sector Relative Index” for three consecutive years. These indices are important benchmarks for ESG investment, particularly for companies promoting the transition to a decarbonized economy.…
-
Mitsubishi Motors Acquires 5% Stake in Australian Automotive Financial Services Company
Summary Mitsubishi Motors Corporation has acquired a 5.01% stake in FleetPartners Group Limited, a leading automotive financial services company in Australia and New Zealand. Mitsubishi aims to increase sales and profitability in the Australian market through this investment and plans to expand its cooperation with FleetPartners. Source Mitsubishi Motors Corporation, June 24, 2024