Faurecia announced that it had reached binding agreements with Clarion and Hitachi, the controlling shareholder owning 63.8% of Clarion, for a tender offer to acquire 100% of the shares of Clarion. Clarion is a major Japanese supplier of in-vehicle-infotainment (IVI) and full digital audio systems, HMI and advanced driver assistance systems, connectivity and cloud-based services. […]
Groupe PSA started its Free2Move Carsharing services in Washington, D.C. on October 25th. This “free-floating” service, provides 24/7 access to a fleet of 600 cars parked on public streets across all 8 wards in the District of Columbia. The user-friendly Free2Move Carsharing app allows new members to join in a few clicks. With a valid […]