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VW Shareholders formally approve actions of Board of Management and Supervisory Board and adopt resolution on increased dividend for 2018
14.05.2019
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| At the Annual General Meeting 2019, the shareholders of Volkswagen Aktiengesellschaft voted by a majority of 99.98 percent to approve the recommendation of the Board of Management and the Supervisory Board to pay a dividend of 4.80 (3.90) EUR per ordinary share and 4.86 (3.96) EUR per preferred share for fiscal year 2018. Approximately 2.4 billion (2.0 billion) EUR will therefore be distributed more >> |
Volkswagen resumes preparations for IPO of TRATON SE
13.05.2019
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| Board member responsible for Finance and IT, Frank Witter: “We have always clearly reiterated our intention to pursue an IPO.” TRATON CEO Andreas Renschler: “Our groundwork has been excellent and we are now fully focused on a potential IPO.” Backed by approval from the Supervisory Board, more >> |
Mercedes-Benz sells about 182,000 vehicles worldwide in April
10.05.2019
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| EQC Edition 1886 (combined electric energy consumption: 20.8 – 19.7 kWh/100 km; combined CO2 emissions: 0 g/km)*. *Electric energy consumption and range have been determined on the basis of Regulation (EC) No. 692/2008. Electric energy consumption and range depend on the vehicle configuration. more >> |
BMW Group's operational performance on course
07.05.2019
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| - Recognition of provision for EU proceedings - Volume growth achieved despite prevailing sector trend – market share increased - Further rise in upfront expenditure for tomorrow’s mobility - Significant increase in Motorcycles segment EBIT - Good quarter for Financial Services segment - Electrified vehi more >> |
AUDI AG: first quarter of 2019 still affected by adverse factors
03.05.2019
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| Audi Group: revenue of €13.8 billion; operating profit of €1.1 billion; operating return on sales of 8.0 percent Key financials reflect deconsolidation of multi-brand import companies CFO Alexander Seitz: “We are some distance away from our own targets and aim to make cons more >> |
Kia Motors posts global sales of 227,773 units in April
02.05.2019
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| Kia Motors Corporation announced 227,773 units of global sales for April 2019, a 5.3 percent decrease compared to same period last year. Kia’s best-selling model was the Sportage SUV, with 41,395 units sold globally in April. S more >> |
The Volkswagen Group boosts sales revenue and earnings in the first quarter 2019
02.05.2019
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| Volkswagen Group confirms 2019 targets for deliveries to customers, sales revenue and operating profit before special items Deliveries to customers of the Volkswagen Group at 2.6 million vehicles (–2.8 percent) Group sales revenue of EUR 60.0 billion exceeds prior-year figure by 3.1 percent more >> |
PwC welcomes Dr. Anil Khurana as the Global Industrial Manufacturing and Automotive Industry leader
29.04.2019
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| PwC welcomes the appointment of Dr. Anil Khurana as the Global Industrial Manufacturing and Automotive (IM&A) Industry Leader, based in the US. A leading industry expert, Dr. Anil has advised companies, investors, and governments in the US, Europe, Middle East, and Asia on a range of topics such as corporate strategy, financing, public policy, innovation, entrepreneurship, internation more >> |
Groupe Renault Revenues of €12.5 billion in the first quarter of 2019
26.04.2019
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| Group sales decreased by 5.6% to 908,348 vehicles in a global market down 7.2%. Group revenues amounted to €12,527 million in the quarter (-4.8%). At constant exchange rates and perimeter[1], the decrease would have been 2.7%. The Group confirms its guidance for the year. more >> |
Benedikt Schell to become the new CEO of Mercedes-Benz Bank AG
25.04.2019
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| The Supervisory Board of Mercedes-Benz Bank AG has picked the successor for the CEO position. Franz Reiner (51), who will take over as chairman of Daimler Financial Services AG effective June 1, 2019, will be succeeded at the same time by Benedikt Schell (48) as the new CEO of Mercedes-Benz Bank. more >> |
Mitsubishi Motors Philippines hits its One Million-Unit Sales in 2019
09.04.2019
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| Mitsubishi Motors Corporation (MMC) announced that Mitsubishi Motors Philippines Corporation (MMPC) hit its 1 million-unit sales milestone this year. The company has been logging various milestones in its historical books and this part more >> |
Williams Reports 2018 Annual Results
05.04.2019
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| Williams Grand Prix Holdings PLC (WGPH, Ticker: WGF1) today announced the Group’s financial results for the year ended 31 December 2018. WGPH is the holding company of the Williams group of companies, which includes Williams Grand Prix Engineering Limited and Williams Advanced Engineering Limited.Group revenue increased in 2018 to £176.5m, from £166.2m more >> |
Compensation of Mr.Carlos Ghosn for the 2018 financial year
04.04.2019
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| Following the resignation of Mr. Carlos Ghosn from his positions as Chairman of the Board of Directors and Chief Executive Officer on January 23, 2019, a meeting of the Board of Directors was held on April 3, 2019 to decide on the financial conditions of his departure.It is recalled that, on February 13, the Board of Directors had already waived Mr. Carlos Ghosn's non-co more >> |
The brand has created a network of 210 CUPRA Corners
02.04.2019
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| CUPRA has consolidated its structure by increasing its staff by 50% Germany, Spain and the United Kingdom were its best performing markets in 2018 CUPRA has started 2019 by tripling sales and reaching 3,600 units sold more >> |
New management at Volkswagen Group Components
27.03.2019
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| Heiner Lanze, new Head of Procurement Frank Engel will in future be responsible for component activities in China Christian Bleiel heads Component Production at ŠKODA Andreas Salewsky becomes the new Head of the Salzgitter Plant more >> |
Daimler AG planned new Group structure
22.03.2019
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| Supervisory Board and Board of Management of Daimler AG agree on future members of the Boards of Management and Supervisory Boards of Mercedes-Benz AG and Daimler Truck AG &nb more >> |
Erneute erfolgreiche Anleihenausgabe von Fastned
22.03.2019
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| Schnellladeunternehmen nimmt mehr als 10 Millionen Euro für den Ausbau des europäischen Schnellladennetzwerks auf. Fastned - das Ladeunternehmen, welches ein europäisches Netz von Schnellladestationen aufbaut - hat durch die Em more >> |
BMW Group sets strategic course for future
20.03.2019
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| Krüger: "Systematically working to ensure operational excellence" - Operating efficiency: Performance > NEXT offers potential efficiencies in excess of € 12 billion by 2022 - Upfront expenditure expected to remain high - New structure for sales divisions - EBIT margin of 8 to 10 per cent remains ambitio more >> |
Porsche rewards employees for a highly successful 2018
20.03.2019
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| €9,700 bonus for Porsche employeesProfit-sharing at Porsche: After a record 2018 financial year for revenue, profits, and deliveries, a special bonus of up to €9.700 before tax is being paid to employees of the sports car manufacturer. This rewa more >> |
Porsche in 2018: Inspiration, facts and figures
19.03.2019
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| New Annual and Sustainability Report featuring the work of star photographer Martin SchoellerPorsche AG is publishing its latest Annual and Sustainability Report to coincide with the announcement of its annual results. Economic, ecological more >> |
Thierry Koskas appointed Senior Vice-President, Sales & Marketing at Groupe PSA
18.03.2019
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| Thierry Koskas has been appointed Senior Vice-President, Sales & Marketing at Groupe PSA, effective 26 March 2019. He will report to Carlos Tavares, Chairman of the Managing Board.The role of the Sales & Marketing Department is to boost the Group’s c more >> |
BMW Group sets strategic course under challenging conditions
15.03.2019
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| Second-highest Group profit to date achieved - EBT margin above target of 10 per cent - Record research and development expenditure - More than ten new electrified models lined up - EBIT margin in Automotive segment above 7 per cent - Second-highest dividend proposed - more >> |
A strong year for Porsche: in pole position for electromobility
15.03.2019
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| Financial year 2018Success in a time of transformation: In the 2018 financial year, Porsche AG achieved new records for operating profit, sales revenue, deliveries, and headcount. The company’s operating profit grew by around 4% compared with the same period in more >> |
Automobili Lamborghini reaches record highs in all key business figures 2018
14.03.2019
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| • Turnover grows by 40% to 1.42 billion Euro• Worldwide sales increase by 51% from 3,815 to 5,750 units• Sustained, profitable growth path evidenced• New Super SUV adding sales momentum to super sports cars,record sales performance across all regions: EMEA, Ame more >> |
Audi accelerates its realignment - After significant adverse factors in 2018 financial year
14.03.2019
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| Operating profit before special items falls to €4.7 billion; Operating return on sales before special items of 7.9 percent Financial base confirmed: €2.1 billion net cash flow; €20.4 billion net liquidity Board of Management to reveal new strategy at 2019 Annual General Mee more >> |
SEAT achieves the highest operating profit in its history
14.03.2019
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| The carmaker earns 254 million euros in 2018, an increase of 33.4% Turnover exceeds 10 billion euros and sets a new record SEAT employees will receive an extra payment of 1,068 euros more >> |
Volkswagen brand steps up pace of transformation
13.03.2019
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| 2019 is key year: electric offensive set for launch, significant efficiency increases planned Earnings improvement program to make sustained €5.9 billion contribution from 2023 Investment from 2019 to 2023 more >> |
VW delivers fewer vehicles but gains market shares
13.03.2019
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| In February, worldwide deliveries fall by 2.2 percent compared with the previous year to 398,100 vehicles Volkswagen wins market shares throughout the world in a shrinking overall market Deliveries up in Germany, Europe and South America, and down in North America Market share more >> |
Volkswagen Group brands deliver a solid performance
12.03.2019
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| Volkswagen Passenger Cars brand delivers a record number of vehicles – earnings down, inter alia as a consequence of the changeover to WLTP Audi turns in a solid performance despite WLTP challenges – Porsche, ŠKODA and SEAT post new records in deliveries to customers Bentley and Volkswagen Commercial Vehicl more >> |
Electronic components drive renewed growth in trade, in technology goods in 2017
11.03.2019
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| * Internet of Things propels exponential growth* The Republic of Korea becomes the second largest world exporter of information and communications technology goods, behind ChinaDemand for electronic components used in Internet-of-Things (IoT) devices drove the value of trade in international imports of information and communications tec more >> |
PWC : New York, London and Hong Kong expected to remain as top listing destinations in 2030
11.03.2019
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| • Exchanges in developed markets are proving to be resilient, benefitting from their recognised liquidity and stability• Companies from China and India expected to dominate issuance in 2030, although growth of exchanges in more >> |
BMW Group delivers over 171,000 vehicles in February
08.03.2019
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| - New BMW 3 Series sedan arriving in showrooms in March - BMW i3 sales increase 20% in first two months of year Following sales growth in January, with the model changeover of the company’s bes more >> |
Volkswagen to pay performance-related bonus of €4,750
05.03.2019
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| Human Resources Board Member Kilian and Works Council Chairman Osterloh praise team performance For employees covered by collective bargaining agreements, bonus for 2018 rises by €650 compared with 2017 For 2018, the employees of Volkswagen AG covered by collective bargaining agreements are to receive more >> |
Kia Motors posts global sales of 197,647 vehicles in February
04.03.2019
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| Kia Motors Corporation announced February 2019 global sales figures for passenger cars, recreational vehicles (RVs) and commercial vehicles, recording a total of 197,647 units sold, which represents a 0.1 percent year-on-year increase. Kia’s best-selling model in global markets in February was Sportage SUV with 39,844 units sold. more >> |
Acura Sales Climb 11% as American Honda Posts Strong February Results
01.03.2019
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| Acura brand trucks set new February mark as RDX also gets record and MDX rises in double digits Honda HR-V sets February sales record, its best month since a June 2018 flood strapped supplies more >> |
BMW i Ventures Announces Investment in Züm.
28.02.2019
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| BMW i Ventures announced today an investment in Zūm, the leading provider of safe and reliable student transportation for school districts and working families. The company, which celebrates its fourth birthday this month, aims to become the world’s safest and largest child transportation provider.“Zūm has proven itself as a force to be reckoned wit more >> |
Appointment of Olivier Bourges to the Managing Board of Groupe PSA
27.02.2019
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| The Supervisory Board met on 25 February 2019, decided to appoint Olivier Bourges, the Group’s Executive Vice President of Programmes and Strategy, as a member of the Managing Board effective from 1 March 2019 until the Managing Board’s term of office expires on 2 April 2021. more >> |
FCA to Expand Production Capacity in Michigan to Grow Core Brands, Electrify Jeep Vehicles
27.02.2019
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| $4.5 Billion to Build New Assembly Plant in Detroit and Add Production at Five Existing Michigan Facilities, Creating Nearly 6,500 Jobs• FCA total committed investments in the U.S. grow to nearly $14.5 billion since 2009, with nea more >> |
Mitsubishi Motors Announces Production, Sales and Export Figures for January 2019
27.02.2019
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January 2019
Production Domestic Production 52,209 108.3 &nb more >> |
