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☆ American Eagle sues Amazon over alleged 'knock-offs' of Aerie products
▼ + stars: | 2024-09-25 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +3 min

A shopper searching for Aerie products on Google will see sponsored and organic links to Amazon's website, the lawsuit says. Clicking on a link leads to an Amazon webpage that "displays only knock-offs and 'dupes'" of Aerie products, including sweatshirts and exercise shorts, American Eagle alleges. "These statements are patently false because customers cannot shop for Aerie products on Amazon." Many of the alleged Aerie knock-offs referenced in the lawsuit are sold by third-party sellers on Amazon's online marketplace. American Eagle is seeking an injunction and financial damages based on Amazon's alleged trademark infringement.

Persons: Arie, It's, Birkenstock, didn't Organizations: Eagle Outfitters, Amazon, Eagle, Southern, of, of New York ., Google, Daimler AG, Mercedes, Benz, counterfeiters Locations: U.S, of New York

☆ Daimler Truck CFO Jochen Goetz dies in 'tragic accident'
▼ + stars: | 2023-08-06 | by ( ) www.reuters.com time to read: +1 min

FILE PHOTO: Daimler AG sign is pictured at the IAA truck show in Hanover, Germany, September 22, 2016. REUTERS/Fabian Bimmer/File Photo/File Photo/File PhotoFRANKFURT, Aug 6 (Reuters) - Daimler Truck's (DTGGe.DE) Chief Financial Officer Jochen Goetz has died in a "tragic accident," the company said on Sunday. Goetz spent his entire professional career, spanning more than 36 years, in the Daimler Group, and was largely responsible for the successful spin-off of Daimler Truck Holding from what is now the Mercedes-Benz Group (MBGn.DE) in December 2021. "He played a key role in shaping today's Daimler Truck company and, as CFO, consistently worked to ensure that the company is now more economically successful than ever before," Chief Executive Martin Daum said. The company statement said Goetz had been distinguished by "his high level of professionalism as well as his positive, hands-on manner".

Persons: Fabian Bimmer, Jochen Goetz, Goetz, Martin Daum, Joe Kaeser, Vera Eckert, Andrew Cawthorne, Barbara Lewis Organizations: Daimler, IAA, REUTERS, Daimler Group, Daimler Truck Holding, Mercedes, Benz Group, Siemens, Thomson Locations: Hanover, Germany

Companies are increasingly working together to cut greenhouse-gas emissions but such collaboration faces the threat of antitrust action demanded by politicians who say it violates competition rules. There are now more than 150 business climate collaborations, according to research by Harvard Business Review. “There are a lot of ways to stay on the right side of antitrust laws,” says Justin Stewart-Teitelbaum, antitrust partner at Freshfields. Traditionally, in most jurisdictions, antitrust officials weigh whether the benefits of cooperation outweigh any economic harm caused by it. The anti-ESG movement in the U.S. bases its antitrust threats partly on an assertion that climate action provides little societal benefit to outweigh any economic harm of cooperation.

☆ Renault, Geely clinch deal for internal-combustion joint venture
▼ + stars: | 2022-11-08 | by ( Norihiko Shirouzu | ) www.reuters.com time to read: +3 min

The joint venture will employ 19,000 people at 17 powertrain factories and three research and development hubs, the companies said, adding they expect to reach a final agreement and launch the new company in 2023. Renault and Geely will each hold 50%, the companies said in a statement that did not detail other financial terms. Renault and Geely said they expect their new joint venture would supply internal combustion engines and hybrid powertrains to Nissan and the junior partner in Renault's existing alliance, Mitsubishi Motors (7211.T). They said it would have the capacity to supply about 5 million engines and hybrid systems per year once operational. Renault and Geely Automobile also have an existing joint venture in South Korea.

REUTERS/Aly SongBEIJING/TOKYO, Nov 7 (Reuters) - Nissan Motor Co's (7201.T) concerns about technology transfers have complicated its partner Renault's (RENA.PA) plans to sell a large stake in its gasoline-engine business to China's Geely (0175.HK), three people familiar with the talks said. Nissan's concerns about technology rights have also been one reason why it has yet to reach a preliminary agreement to invest in Ampere. Renault has a 43% stake in Nissan while the Japanese automaker has a 15% non-voting stake in Renault. People with knowledge of the talks have said the two sides have been discussing a reduction in Renault's stake in Nissan, potentially to 15%. Uchida also said Nissan wanted to see a “fair treatment” of its interests in any new partnership Renault strikes with Geely.

☆ Japan manufacturers' mood sours, higher costs dim outlook - Reuters Tankan
▼ + stars: | 2022-10-11 | by ( Tetsushi Kajimoto | ) www.reuters.com time to read: +3 min

REUTERS/Issei Kato/File PhotoThe monthly poll, which tracks the Bank of Japan’s (BOJ) closely watched tankan quarterly survey, found manufacturers’ mood is expected to deteriorate again over the coming three months while service-sector mood was seen rebounding further. Industries such as autos, steel and textiles weighed on overall manufacturers’ sentiment, while communications, transport and utilities led non-manufacturers. “The prices of products are not keeping pace with surging raw materials costs” as many subcontractors in the supply chain could not pass on input costs to their clients, one manager at a chemicals maker said. “There are concerns about worsening profits due to import costs boosted by a weak yen on top of rising raw materials and energy costs,” said a manager of a food-processing firm. The BOJ’s last survey on Oct. 3 showed big manufacturers’ mood had worsened in July-September for a third straight quarter as high material costs dimmed recovery prospects for the fragile economy.

SEOUL, Oct 11 (Reuters) - Renault (RENA.PA) Chief Executive Luca De Meo said on Tuesday the automaker was looking to find a partner for a carve-out of its combustion-engine business that would bring scale and drive down costs on technology, including hybrids. Register now for FREE unlimited access to Reuters.com RegisterDe Meo said Renault was in talks with the French government over its evolving strategy. De Meo has said Renault needs new partnerships because of the scale of the investment needed to shift toward battery-powered cars and charging. In exchange for investing in the EV venture, Nissan is looking to Renault to reduce its stake in the Japanese automaker, a person familiar with the talks said. Renault currently owns about 43% of Nissan, which in turn has a 15% stake in its long-term partner with the French state holding another 15%.

The Renault CEO was scheduled to speak to reporters in Seoul on Tuesday evening, his first public appearance since news broke of the talks with Nissan. In exchange for its investment in Renault's EV unit, Nissan has asked Renault to take steps to sell down its 43% stake in Nissan, people with knowledge of the talks have said. Nissan has a 15% stake in Renault, as does the French government, but the Japanese automaker does not have voting rights. Nissan would also have to sign off on the plan for Geely to take a large stake in Renault's gas-engine business, code-named "Horse." Volvo and Geely created a joint-venture under the name Aurobay to shift their own combustion-engine business into a new stand-alone business.

☆ Ford se vrea lider de piaţă pe segmentul vehiculelor comerciale electrice
▼ + stars: | 2020-11-12 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +3 min

Constructorul auto american Ford Motor Co intenţionează să controleze o cotă semnificativă pe piaţa autovehiculelor comerciale electrice graţie unor produse precum noul E-Transit cargo van, în ideea de a ajunge la acelaşi nivel cu cel pe care îl deţine pe piaţa autovehiculelor comerciale propulsate cu motoare tradiţionale, transmite Reuters.Ford a dezvăluit joi noua utilitară E-Transit şi cu această ocazie directorul general Jim Farley a subliniat că Ford mizează pe faptul că autovehiculele comerciale electrice pot genera profituri lucrative în pofida faptului că există un număr din ce în ce mai mare de competitori, scrie agerpres.ro Ford domină deja piaţa autovehiculelor comerciale tradiţionale din SUA şi Europa cu o cotă de piaţă de 40% respectiv 15%. "Merităm aceiaşi cotă de piaţă pe segmentul vehiculelor electrice cu cea pe care o avem pe segmentul vehiculelor cu combustie internă şi credem că suntem bine poziţionaţi să ajungem acolo" a declarat directorul diviziei de vehicule comerciale din America de Nord, Ted Cannis.Potrivit directorul general Jim Farley, Ford se aşteaptă ca cererea globală pentru autovehiculelor comerciale electrice să crească până la 1,1 milioane vehicule în 2030 şi chiar dacă start-upuri precum Rivian şi Arrival au încheiat contracte pentru a furniza utilitare electrice pentru Amazon şi UPS, niciuna dintre ele nu poate egala opţiunile de produse şi servicii oferite de Ford.Noua utilitară E-Transit este disponibilă în opt configuraţii, are o autonomie de 126 de mile (aproximativ 200 de kilometri) şi are un preţ de pornire de aproape 45.000 de dolari,cu aproximativ 10.000 de dolari mai mult decât versiunea echipată cu un motor tradiţional.Alţi constructori care intenţionează să lanseze autovehicule comerciale electrice sunt giganţii Daimler AG şi General Motors Co precum şi startup-urile Xos Trucks şi Bollinger Motors.Oficialii Ford nu au dezvăluit care sunt volumele de vânzări pe care Ford le are în vedere pentru E-Transit, însă Bill Rinna, director la firma de consultanţă LMC Automotive estimează că Ford ar urma să construiască 20.000-25.000 de unităţi pe an în America de Nord.Două din cele vehicule electrice pe care Ford le-a anunţat, în cadrul unui plan de investiţii în valoare de 11,5 miliarde dolari destinat electrificării gamei de vehicule până în 2022, sunt destinate clienţilor din zona comercială: utilitara E-Transit şi noul pick up electric F-150.Ford Europa este responsabilă de producerea, vânzarea şi deservirea vehiculelor marca Ford pe 50 de pieţe individuale, având aproximativ 46.000 de angajaţi în unităţile proprii şi în asocierile în participaţie consolidate şi aproximativ 61.000 de angajaţi, dacă sunt incluse şi societăţile neconsolidate. Pe lângă Ford Motor Credit Company, operaţiunile Ford Europa includ Divizia de servicii pentru clienţi Ford şi 19 unităţi de producţie (12 unităţi proprii şi şapte asocieri în participaţie neconsolidate).

Persons: Jim Farley, Ford, Ted Cannis.Potrivit, Bill Rinna Organizations: american Ford Motor, Ford, Amazon, Daimler AG, General Motors, Ford Europa, Ford Motor Credit Company, operaţiunile Ford Europa Locations: american, Transit, SUA, Europa, America de Nord, America, operaţiunile

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