Tag Archives: vehicle

Weekly wrap: Bajaj Auto rejigs top deck; JSW Energy mysteriously exits electric vehicle business

Perhaps the most surprising development in the automobile space came towards the end of the week. A renowned name in power generation who as late as November 2018 reaffirmed plans of an electric vehicle foray suddenly backed out. This weekly wrap talks in detail about this sudden exit in addition to all the important development during the week.… Read More »

SocGen to list stake in vehicle leasing business

Societe Generale (SOGN.PA), France’s second-biggest listed bank, is to float its vehicle leasing arm ALD towards the middle of this year, after reporting stronger than expected fourth-quarter results. SocGen said it would retain a majority stake in ALD Automotive, which has 1.4 million vehicles and provides leasing services for companies. Financial services to companies, which includes vehicle leasing,… Read More »