1 minute read
Breakup
years to come, a Renault statement announced.
The company will supply engines and other components to several global brands, including Volvo, Nissan and Mitsubishi, as well as Renault and Geely’s own vehicles.
The initiative will provide work for around 19,000 people, with 17 factories and five research and development centres located in three continents, would have an expected annual revenue of €15 billion, according to a Reuters report in March this year.
The initial organisation will establish two operational centres in charge of the respective operations, with Renault based in Madrid and Geely in Hangzhou Bay on the East China Sea.
An executive team will be based at the new company’s headquarters which Renault revealed would, in principle, be located in the UK in order to consolidate operations and define future plans.
BRITISH defence group Cobham’s fragmentation continued as its US private equity owners sold the company’s Aerospace Communications division to French firm Thales in a £850 million (€993.25 million) deal. The Parisbased company, which has been part of the Cobham group since 1989, makes aircraft antennas and communication systems and expects revenues of £154 million (€180 million) this year.
Charged up
ANFAC, Spain’s vehicle manufacturers’ association, is working on proposals to improve the Moves III subsidies plan introduced to boost electric car purchase. It was a great programme, Anfac said, but because it was “enormously complex,” the association was contacting political parties in hopes of introducing a “much more efficient substitute” when Moves III ends on December 2023.
Leapy Lee Says It
Others Think It
THOUSANDS of black Christian men women and children are still being slaughtered and enslaved in Nigeria. Black genocide is still a daily occurrence in many parts of the world and even in the UK black youngsters are being killed on the streets in ever increasing numbers. All in all it is an appalling and utterly tragic situation.
But why are we seeing no demonstrations concerning these issues? Where are all the marchers and protesters? What’s happened to all the black leaders appearing in the media, decrying the situation and urging government to ‘do something’?
Personally I only discovered most of these facts with research. So can anyone please enlighten me why it is that black lives only appear to really matter when members of the white community are involved? It simply doesn’t make sense; is there is some ulterior motive afoot? Ah well, only time and tide will answer that question.
Personally of course I have watched the whole situation deterio
