PwC Consulting to establish Smart Mobility Innovation Hub PwC Consulting LLC (PwC Consulting, Chiyoda Ward, Tokyo) will establish the “Smart Mobility Innovation Hub.” The Innovation Hub will promote the creation of a sustainable mobility society system mainly through the formation of communities and the dissemination of information. At the Innovation Hub, PwC Consulting plans to conduct activities through the four functions: (1) “Architectu...

News  Updated at: 2025/03/10

Toyota conducts groundbreaking ceremony for waste-to-energy plant at Deeside plant, UK On October 8, Toyota Motor Manufacturing UK (TMUK) held a groundbreaking ceremony for an anaerobic digester plant at its engine manufacturing facility in Deeside, North Wales. The new waste-to-energy plant, financed by D SPV, PWC, and ABRDN and built by Bio Construct, will be located next to the engine plant. The construction is set to begin in November 2024 o...

News  Updated at: 2024/10/09

Fisker reportedly misplaced millions of dollars in customer payments for Ocean EV Fisker reportedly misplaced millions of dollars in customer payments for the Ocean EV, according to recent reports, a mistake that caused an internal audit that took several months to complete after it was initiated in December. PwC, which was doing the audit, also asked Fisker for more documentation regarding its vehicle sales so it could put together its annual fi...

News  Updated at: 2024/04/02

CLEPA fears half a million jobs loss due to E-mobility in Europe by 2040 On December 6, CLEPA, the European Association of Automotive Suppliers, commissioned PwC Strategy& to assess the impact of three different Green Deal policy scenarios on employment across Europe in the period of 2020-2040. The scenarios represent a mixed technology approach, the current EV-only approach proposed in the Fit for 55 package, and a radical EV ramp-up scenario. T...

News  Updated at: 2021/12/09

ZF chooses Microsoft and PwC for digital manufacturing platform ZF announced that it will jointly transform processes at the Diepholz plant in northern Germany and use the insights ZF wide with help from Microsoft and PwC Germany. The project enables ZF to reduce conversion costs, improve inventory, performance and quality, and to make their workforce more efficient. As all companies are member of the Open Manufacturing Platform other customers i...

News  Updated at: 2021/01/13

porting obligations accordingly. The new methodology aims to develop standardized and therefore comparable indicators. This should make the actual value contributed by companies transparent to society. The values alliance is supported by the OECD as well as the auditing firms Deloitte, EY, KPMG and PwC, among others. The founding members of the non-profit organisation are BASF, Bosch, Deutsche Bank, LafargeHolcim, Novartis, Philip Morris Internat...

News  Updated at: 2019/12/17

Mahindra announces partnership with Salesforce for digital transformation On September 11, Mahindra & Mahindra Ltd. announced its partnership with Salesforce to deliver  digital transformation in the Indian automobile industry, focused on innovating and digitizing its entire customer experience value chain. To achieve its digital vision, Mahindra in partnership with Salesforce, Sitecore and PwC India will move from various solutions to a single...

News  Updated at: 2019/09/12

ociacao Nacional dos Fabricantes de Veiculos Automores (ANFAVEA) presented a comparative study of automotive production costs to the Brazilian Ministry of Economy as a proposal to adopt measures to combat the lack of competitiveness.The study was made from a survey of five automakers carried out by PwC Brasil covering various aspects of the Brazilian and Mexican automotive industries.Brazil's production costs, including materials and logistics, a...

News  Updated at: 2019/05/10

Automotive mergers and acquisitions up 14.3% in first half of 2017 Global automotive mergers and acquisitions (M&A) activity increased 14.3% in value during the first half of 2017 to USD 24.4 billion, according to a report by PricewaterhouseCoopers (PwC). Operations volume increased 7.4% to 276 deals and the average disclosed deal size increased 7.9% to USD 274.1 million.Driven by increases in automotive technology related transactions, component...

News  Updated at: 2017/07/29

anufacturers has two plants in the West Midlands and one at Witham in Essex with a total of about 550 employees.Liberty House Group has bought the trade and assets of Amtek Aluminium Castings (Witham) Limited and King Automotive Systems Limited (Amtek UK) for an undisclosed sum from administrators PwC.The business manufactures aluminium die castings and undertakes a range of complex processes including machining, assembly and testing of parts us...

News  Updated at: 2017/07/24

Mexican light-vehicle capacity expected to expand 37% from 2016 to 2023 According to a recent report by PricewaterhouseCoopers (PwC), Mexico will remain a force in the automotive industry even as President Donald Trump looks to revamp NAFTA.“Mexico has leveraged its low wages, free trade agreements and proximity to US markets to attract millions of units of new capacity, as well as a growing supply chain to support it,” cites the PwC report. ...

News  Updated at: 2017/05/17