GST, HVGT, could resurface as part of Budget 2025 alongside RON95 rationalisation, says RHB analyst. Are we ready?
Utama Berita Berita Kereta Volkswagen Once Sold Car Rental Company Europcar… Now They Want It Back Volkswagen Once Sold Car Rental Company Europcar… Now They Want It Back Berita Kereta Arvind | June 26, 2020 04:33 PM Volkswagen has expressed interest in buying Europcar which is facing a financial fallout after COVID-19. But why? Volkswagen is reportedly in talks to reacquire French-based (global) rental firm Europcar for a fraction of what the German automotive giant once sold it for, as the firm struggles to cope with losses attributed to the COVID-19 pandemic. RTE reports that Volkswagen has reached out to Europcar "to express interest in the acquisition and to carry out due diligence", as of March 2020 Europcar was said to have a market capitalisation of EUR 390 million, but net debt approaching EUR 1.0 billion. Travel restrictions amid the pandemic slashed the demand for rental cars. However, the company has secured a EUR 307 million financing package from the French government to help it manage the financial fallout caused by the pandemic. If the deal goes through, Volkswagen just might reacquire Europcar for a fraction of the EUR 3.32 Billion it sold it for (to investment firm Eurazeo) back in 2006. Besides acquiring a global player in the car rental business – the acquisition would likely offer Volkswagen an important linchpin in its strategy of being a global mobility provider. As part of the Volkswagen Group’s Together 2025 strategy, the company aims to provide sustainable mobility through its emphasis on digital networking, autonomous driving and most importantly, electrified vehicles. To this end, Volkswagen has budgeted over EUR 34 Billion up to the end of 2022 for e-mobility, autonomous driving, digital connectivity and new mobility services. Joint ventures in China will be spending a further EUR 15 Billion on the electric offensive over the coming years. Taking ownership of Europcar and its fleet of 60,000+ vehicles across 3,500 locations worldwide – will firstly give Volkswagen major turnovers in terms of fleet renewals for conventionally powered vehicles and a venerable testbed to deploy its new range of I.D. full-electric vehicles. Not to mention, the wealth of data that can be collected from its ‘for hire’ cars across many different locations, drivers, and driving styles. Smart re-acquisition by VW? ✕ Mari berhubung dengan Whatsapp Kami mematuhi Akta Pelindungan Data Peribadi untuk melindungi anda Saya bersetuju dengan Terma Penggunaan dan Polisi Privasi Carlist.my Saya bersetuju untuk menerima komunikasi yang diperibadikan daripada Carlist.my dan penjual kereta, ahli gabungan dan rakan kongsi perniagaannya. Lihat tawaran kereta terbaik! Prev Next Tawaran istimewa - hubungi sekarang! Hari Jam Hrg. Psrn. Kenapa tiada harga disenaraikan? Kadang-kadang, penjual ingin anda hubungi mereka untuk dapatkan harga yang terbaik. I Kenapa tiada harga disenaraikan? Kadang-kadang, penjual ingin anda hubungi mereka untuk dapatkan harga yang terbaik. Tag Berkaitan volkswagen Group vw Europcar Acquisition VW Buys Europcar Cetak Berita Berkaitan Volkswagen Revises Maintenance Schedule – Less Cost, More Peace Of Mind Berita Kereta Arvind | August 10, 2020 Volkswagen Passenger Cars Malaysia (VPCM) has announced a revised Service Maintenance Schedule for Volkswagen cars effective 1st April 2018. The ... Rumoured VW Spin-Off Parts Company Could Lower Costs, Boost EV Development Berita Kereta Arvind | October 13, 2017 Volkswagen is rumoured to be planning a new car parts business, in order to lower costs, boost profitability and allow the company to divert funds ... Volkswagen To Hold First Ever Instagram-Exclusive Sale on 12.12 Berita Kereta Gokul | December 11, 2019 Volkswagen Passenger Cars Malaysia (VPCM) is joining in the celebration of the iconic double 12 shopping carnival with a first-of-its-kind ... The Porsche You Didn’t Know - The One In Austria, And Doesn’t Make Any Porsches Rencana Hans | October 09, 2018 For most people, Porsche equals 911, and rightly so. But like any sprawling organization whose history spans nearly a century, understanding the full ... Komen
Volkswagen Once Sold Car Rental Company Europcar… Now They Want It Back Berita Kereta Arvind | June 26, 2020 04:33 PM Volkswagen has expressed interest in buying Europcar which is facing a financial fallout after COVID-19. But why? Volkswagen is reportedly in talks to reacquire French-based (global) rental firm Europcar for a fraction of what the German automotive giant once sold it for, as the firm struggles to cope with losses attributed to the COVID-19 pandemic. RTE reports that Volkswagen has reached out to Europcar "to express interest in the acquisition and to carry out due diligence", as of March 2020 Europcar was said to have a market capitalisation of EUR 390 million, but net debt approaching EUR 1.0 billion. Travel restrictions amid the pandemic slashed the demand for rental cars. However, the company has secured a EUR 307 million financing package from the French government to help it manage the financial fallout caused by the pandemic. If the deal goes through, Volkswagen just might reacquire Europcar for a fraction of the EUR 3.32 Billion it sold it for (to investment firm Eurazeo) back in 2006. Besides acquiring a global player in the car rental business – the acquisition would likely offer Volkswagen an important linchpin in its strategy of being a global mobility provider. As part of the Volkswagen Group’s Together 2025 strategy, the company aims to provide sustainable mobility through its emphasis on digital networking, autonomous driving and most importantly, electrified vehicles. To this end, Volkswagen has budgeted over EUR 34 Billion up to the end of 2022 for e-mobility, autonomous driving, digital connectivity and new mobility services. Joint ventures in China will be spending a further EUR 15 Billion on the electric offensive over the coming years. Taking ownership of Europcar and its fleet of 60,000+ vehicles across 3,500 locations worldwide – will firstly give Volkswagen major turnovers in terms of fleet renewals for conventionally powered vehicles and a venerable testbed to deploy its new range of I.D. full-electric vehicles. Not to mention, the wealth of data that can be collected from its ‘for hire’ cars across many different locations, drivers, and driving styles. Smart re-acquisition by VW? ✕ Mari berhubung dengan Whatsapp Kami mematuhi Akta Pelindungan Data Peribadi untuk melindungi anda Saya bersetuju dengan Terma Penggunaan dan Polisi Privasi Carlist.my Saya bersetuju untuk menerima komunikasi yang diperibadikan daripada Carlist.my dan penjual kereta, ahli gabungan dan rakan kongsi perniagaannya. Lihat tawaran kereta terbaik! Prev Next Tawaran istimewa - hubungi sekarang! Hari Jam Hrg. Psrn. Kenapa tiada harga disenaraikan? Kadang-kadang, penjual ingin anda hubungi mereka untuk dapatkan harga yang terbaik. I Kenapa tiada harga disenaraikan? Kadang-kadang, penjual ingin anda hubungi mereka untuk dapatkan harga yang terbaik. Tag Berkaitan volkswagen Group vw Europcar Acquisition VW Buys Europcar
Tawaran istimewa - hubungi sekarang! Hari Jam Hrg. Psrn. Kenapa tiada harga disenaraikan? Kadang-kadang, penjual ingin anda hubungi mereka untuk dapatkan harga yang terbaik. I Kenapa tiada harga disenaraikan? Kadang-kadang, penjual ingin anda hubungi mereka untuk dapatkan harga yang terbaik.
Volkswagen Revises Maintenance Schedule – Less Cost, More Peace Of Mind Berita Kereta Arvind | August 10, 2020 Volkswagen Passenger Cars Malaysia (VPCM) has announced a revised Service Maintenance Schedule for Volkswagen cars effective 1st April 2018. The ...
Rumoured VW Spin-Off Parts Company Could Lower Costs, Boost EV Development Berita Kereta Arvind | October 13, 2017 Volkswagen is rumoured to be planning a new car parts business, in order to lower costs, boost profitability and allow the company to divert funds ...
Volkswagen To Hold First Ever Instagram-Exclusive Sale on 12.12 Berita Kereta Gokul | December 11, 2019 Volkswagen Passenger Cars Malaysia (VPCM) is joining in the celebration of the iconic double 12 shopping carnival with a first-of-its-kind ...
The Porsche You Didn’t Know - The One In Austria, And Doesn’t Make Any Porsches Rencana Hans | October 09, 2018 For most people, Porsche equals 911, and rightly so. But like any sprawling organization whose history spans nearly a century, understanding the full ...