PSA buys controlling stake in Chinese auto spare parts distributor Jian Xin

(adsbygoogle = window.adsbygoogle || []).push({}); French car manufacturer Groupe PSA has purchased a controlling stake in Jian Xin, a Chinese auto spare parts distributor for an undisclosed price, in a move to boost its presence in the Chinese market. The transaction is expected to help Groupe PSA speed up the launch of its aftermarket offering More...

by businessnewstoday | Published 2 weeks ago
By businessnewstoday On Sunday, February 4th, 2018
0 Comments

Valvoline opens new Valvoline Instant Oil Change service center in Richmond

Auto industry news : Valvoline, a branded lubricants and automotive services provider, has opened its new quick-lube center – the Valvoline Instant Oil Change (VIOC) service center in Richmond in the US state More...

By businessnewstoday On Saturday, February 3rd, 2018
0 Comments

Mansfield Energy acquires oil and lubricants business assets of Hi-Grade

Fuel supply and logistics provider Mansfield Energy has acquired the oil and lubricants business assets of Hi-Grade for an undisclosed price, to expand its offering and capabilities in the US state of Ohio. Hi-Grade, More...

By businessnewstoday On Sunday, January 28th, 2018
0 Comments

Ram Trucks launches 2019 Ram 1500 Laramie Longhorn luxury pickup truck

Automobile industry news : US-based commercial vehicle manufacturer Ram Trucks has launched a new luxury pickup truck branded as 2019 Ram 1500 Laramie Longhorn Edition, and built on strength, durability, technology More...

By businessnewstoday On Friday, January 26th, 2018
0 Comments

Valvoline launches new Modern Engine Full Synthetic Motor Oil

Valvoline, a global supplier of branded lubricants and automotive services, has launched a new product in the form of Valvoline Modern Engine Full Synthetic Motor Oil, which is precisely engineered to provide protection More...

By businessnewstoday On Saturday, December 9th, 2017
0 Comments

ComfortDelGro to buy $475m stake in Uber’s Singapore car rental company

Uber ComfortDelGro deal : ComfortDelGro Corporation has agreed to buy a stake of 51% in Lion City, a Singapore car rental company in a deal worth S$642 million ($474.6 million) according to the latest transport More...

By businessnewstoday On Sunday, November 26th, 2017
0 Comments

Uber to go ahead with SoftBank deal, to reveal pricing next week

Transport industry news : Ride hailing company Uber Technologies intends to go forward with a deal that will see Japanese technology conglomerate SoftBank Group Corporation as a major investor, reports Reuters. In More...