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BMW imported 8,000 vehicles into US with parts from banned Chinese supplier says Senate report – ET Auto

Baua Electric

A report by Senate Finance Committee Chairman Ron Wyden’s staff said BMW imported 8,000 Mini Coopers with parts from a Chinese supplier banned under a 2021 law and that BMW continued to import products with the banned parts until at least April. .” Senate report released on Monday said.

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Toyota begins collaboration with Grab on ride-hailing service in Southeast Asia; MSPF

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With TransLog installed in 100 Grab rental cars, Toyota will analyze driving patterns captured by the recording devices, and consider steps to deliver connected services including user-based insurance, financing programs, and predictive maintenance that make up the Toyota Mobility Service Platform (MSPF). Earlier post.).

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Daimler Mobility AG & Geely Technology Group inaugurate ‘StarRides’ premium ride-hailing service in Hangzhou

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Premium ride-hailing is an essential element in our mobility ecosystem ranging from multi-year financing contracts to flexible leasing, car rental and subscription models to on-demand mobility. p>Customers can download the StarRides App in the Apple App Store and Google Play Store.

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Ride-sharer Grab to invest $700M in “Grab 4 Indonesia” 2020 master plan

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Grab will start the “Grab 4 Indonesia” social impact investment fund to finance companies focused on deepening financial inclusion across all cities and income levels in Indonesia. Expand access to mobile payments and financing opportunities. Invest in technopreneurship for social good.

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Hyundai, Kia invest additional US$250M in Grab; pilot EV projects

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Investors in Grab’s current financing round include Booking Holdings, Microsoft, Toyota, and global financial institutions such as OppenheimerFunds, Goldman Sachs Investment Partners, and Citi Ventures. The additional investment builds on Grab’s existing strategic partnership with Hyundai and brings Grab’s current fundraising to US$2.7

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GM Maven introduces monthly offering for members; vehicles include the Chevrolet Tahoe and Chevrolet Volt

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Members can download the Maven app to view pricing by market in real time for Maven Reserve. Members can access popular GM vehicles for an extended time period without the commitment of leasing, financing or buying. Maven members pay a monthly fee to reserve a new GM vehicle loaded with technology for 28 days.

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24.4 million customers use Daimler’s mobility services

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The planned change of name highlights the business unit’s transformation to a broad-based mobility service provider, the range extending from financing and leasing through fleet management and insurance to digital solutions for payment processing (Mercedes pay) and app-based services such as moovel, car2go and mytaxi.

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