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Borgward’s odd marriage with UCAR and their plan to redefine automotive retail in China

Exclusive interview with Bruno Lambert, Global President, Borgward “UCAR and Borgward are creating a new integrated “animal” to transform automotive retail from a traditional one-time static transaction model to a dynamic lifetime usage model where car ownership and shared mobility can be complementary.” BEIJING – CAR Inc., China’s leading car rental platform, recently began offering one-day

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Ford-owned Autonomic partners with Alibaba Cloud to deliver enhanced mobility experiences for Chinese consumers

SHANGHAI – Ford Motor announced on August 14 that Autonomic, a wholly-owned subsidiary of Ford Smart Mobility LLC, signed a Memorandum of Understanding (MOU) with Alibaba Cloud, the cloud computing arm of Alibaba Group, to bring the Transportation Mobility Cloud (TMC) to China. Under the agreement, the two companies aim to

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Didi’s D-Alliance with 31 auto industry partners to build integrated car operator platform

BEIJING – Didi Chuxing, the world’s leading mobile transportation platform, announced the launch of the Didi Auto Alliance, or “D-Alliance,” with 31 auto industry partners on April 24. The 31 founding partners span the areas of OEM, parts and components manufacturing, EV services and digital map services, and include: BAIC,

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Dongfeng and Groupe PSA establish leasing JV

WUHAN – Dongfeng Motor Group Co., Ltd. (DFG), Banque PSA Finance (BPF, the captive financing and mobility services provider of Groupe PSA) and Dongfeng-Peugeot-Citroën Automobiles (DPCA) signed a tripartite agreement here on March 23 to create a financial leasing joint venture to offer long-term leasing solutions with or without purchase

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Groupe PSA acquires controlling interest in Chinese spare parts distributor Jianxin

SHANGHAI – Groupe PSA said in a statement on February 9 that it has acquired a controlling stake in Chinese automotive spare parts distributor Shanghai Jianxin Enterprise Management Co., Ltd. to accelerate the French automaker’s rollout of its aftermarket offerings in China, a market that represents about 130 million vehicles. By

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