Tagged: solutions

The future of car ownership? Volkswagen goes low rent with $4.6b takeover bid for rental car company Europcar, as part of ‘mobility solutions’ transition

The Volkswagen Group is set to make a takeover bid for one of the world’s largest vehicle hire companies Europcar, signalling its intention to join other major car makers in the car rental and subscription market.

The takeover offer, worth $AU4.7b, is expected to be filed with the French Stock Market Authority towards the end of 2021 and may not be completed until early 2022.

Europcar operates in more than 140 countries, with a fleet of about 350,000 vehicles. Volkswagen is hoping to leverage this enormous reach and network as it transforms itself from a car seller to providing “mobility

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Jio, MG Motor Partner for Connected Car Solutions in Upcoming SUVs

MG Motor India on Tuesday announced a partnership on the Internet of Things (IoT) space with digital services provider Jio.

The car maker will provide seamless integration of IT systems enabled by Jio’s IoT solution in its upcoming mid-size SUV.

The association will enable robust new-age mobility solutions, underlining the marquee carmaker’s zeal to build futuristic mobility applications and facilitate magical experiences, said the companies in a joint statement.

Jio, India’s largest integrated telecom service provider, will support automotive solutions designed to deliver an array of consumer and enterprise services.

Customers of MG’s upcoming mid-size SUV will benefit from Jio’s

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