Top Story: Works meeting at Wolfsburg main plant: Volkswagen stands for change, future, momentum

Positive interim assessment and thanks to workforce    Kilian: “Volkswagen is making very good progress with cultural change, modernization, electrification and digitalization”    Osterloh: “Job security and the next steps in partial retirement” Volkswagen Board Member for Human Resources, Gunnar Kilian, and the Group and General Works Council Chairman, Bernd Osterloh, thanked the workforce for their dedication over the last years and months during the mehr >>

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20.06.2019

Finance: Works meeting at Wolfsburg main plant: Volkswagen stands for change, future, momentum

Positive interim assessment and thanks to workforce    Kilian: “Volkswagen is making very good progress with cultural change, modernization, electrification and digitalization”    Osterloh: “Job security and the next steps in partial retirement” Volkswagen Board Member mehr >>

Volkswagen deliveries in May present a mixed picture 13.06.2019

Finance: Volkswagen deliveries in May present a mixed picture

Volkswagen delivers 512,100 vehicles in May: 5.1 percent fewer than in May 2018     Deliveries rise in North America, South America and Germany     As expected, fewer vehicles delivered in Europe following record values in 2018     Developments in China unchanged: Volkswagen wins market sh mehr >>

12.06.2019

Finance: Volkswagen invests in Northvolt AB

   Volkswagen to invest some €900 million in joint battery activities with Northvolt AB    Volkswagen is initially acquiring about 20 percent of the shares in the Swedish battery cell producer    Furthermore, Volkswagen plans to stablish a 50/50 joint venture during the course of this year to set up a battery c mehr >>

Audi closes May with around 151,900 automobiles sold 07.06.2019

Finance: Audi closes May with around 151,900 automobiles sold

- Growth in Western Europe        - Vice President Global Marketing and Sales Martin Sander: “Expect positive momentum in the second half of the year”        - Model changeovers have adverse effect on business in United States and China mehr >>

Groupe Renault expresses its disappointment not to have the opportunity to continue to pursue the proposal of FCA 06.06.2019

Finance: Groupe Renault expresses its disappointment not to have the opportunity to continue to pursue the proposal of FCA

We are gratified by the constructive approach of Nissan and wish to thank FCA (Fiat Chrysler Automobiles)for their efforts and the Renault’s Board of Directors for its continued confidence. We view the opportunity as timely, having compelling industrial mehr >>

FCA withdraws merger proposal to Groupe Renault 06.06.2019

Finance: FCA withdraws merger proposal to Groupe Renault

The Board of Fiat Chrysler Automobiles N.V. ("FCA") (NYSE: FCAU / MTA: FCA), meeting this evening under the Chairmanship of John Elkann, has resolved to withdraw with immediate effect its merger proposal made to Groupe Renault. mehr >>

Communication of Renaultís Board of Directors 06.06.2019

Finance: Communication of Renaultís Board of Directors

  Renault S.A.'s Board of Directors met yesterday under the chairmanship of Jean-Dominique Senard, to continue reviewing with interest the proposal received from FCA (Fiat Chrysler Automobiles) for a potential 50/50 merger between Renault S.A. and FCA.   Th mehr >>

06.06.2019

Finance: BMW i Ventures Makes Investment in Yellowbrick Data, Inc.

BMW i Ventures today announced an investment in Palo Alto-based Yellowbrick, the technological leader in big data warehouse solutions that helps businesses derive value from large data sets in real-time. Yellowbrick’s unparalleled performance is based on an integrated full-stack system of hardware and software including their own database and file storag mehr >>

Communication of the board of directors on the findings of the joint RNBV audit 04.06.2019

Finance: Communication of the board of directors on the findings of the joint RNBV audit

Renault’s Board of Directors today reviewed the final findings of the Joint Audit Mission that was commissioned jointly with Nissan in respect of their jointly-owned subsidiary RNBV. These findings confirmed the existence of deficiencies within RNBV in terms of financial transparen mehr >>

Communication of Renaultís Board of Directors 04.06.2019

Finance: Communication of Renaultís Board of Directors

  Renault's Board of Directors met today to review in detail the elements of the proposal received from FCA (Fiat Chrysler Automobiles) on May 27 for a potential 50/50 merger between Renault S.A. and FCA. The Board of Directors has decided to continue to mehr >>

SEAT invests 57 million euros in its factory in Barcelona 02.06.2019

Finance: SEAT invests 57 million euros in its factory in Barcelona

    The company inaugurated a new metal press and two hot stamping lines    The factory located in Barcelona’s Zona Franca produced 52 million parts last year    SEAT Barcelona celebrated its “BCN Day” yesterday with more than 100 activities for employees, relatives and friends mehr >>

Carsten Isensee, SEATís new Executive Vice-President for Finance 30.05.2019

Finance: Carsten Isensee, SEATís new Executive Vice-President for Finance

    On June 1st Carsten Isensee will be new member of SEAT’s Executive Committee taking over from Holger Kintscher, who will be responsible for Finance and IT at Volkswagen Commercial Vehicles also from that date    Isense mehr >>

FCA submits proposal for a tranformative merger with Groupe Renault 27.05.2019

Finance: FCA submits proposal for a tranformative merger with Groupe Renault

...to create preeminent global automotive group•    Combined  business to  be  50% owned  by  FCA shareholders and  50% by Groupe Renault shareholders - balanced  governance structure and majority of Board of Directors mehr >>

Renaultís Board of Directors has decided to study with FCA the potential 50/50 merger 27.05.2019

Finance: Renaultís Board of Directors has decided to study with FCA the potential 50/50 merger

Renault’s Board of Directors met today to examine the proposal received from FCA (Fiat Chrysler Automobiles) regarding a potential 50/50 merger between Renault S.A. and FCA.After careful review of the terms of FCA’s friendly proposal, mehr >>

27.05.2019

Finance: Groupe Renault confirms receipt of a proposal from FCA regarding a potential 50/50 merger transaction

Groupe Renault confirms that it received a proposal from FCA (Fiat Chrysler Automobiles) regarding a potential 50/50 merger transaction between Groupe Renault and FCA.Renault’s Board of Directors will meet this morning to discuss this proposal.- Groupe Renault - mehr >>

Large majority of Daimler shareholders approve new Group structure 24.05.2019

Finance: Large majority of Daimler shareholders approve new Group structure

...with Daimler AG as parent company    Annual Meeting in Berlin with about 5,000 shareholders clears the way for legally independent entities for car and van business and for truck and bus business mehr >>

17.05.2019

Finance: Personnel changes at Mercedes-Benz Cars

    Nicholas Speeks will become new CEO of Mercedes-Benz USA and Head of Sales NAFTA Mercedes-Benz Cars.    Jan Madeja will be Head of the Chinese sales company for passenger cars, Beijing Mercedes-Benz Sales Service.    Holger Suffel will become CEO of Mercedes-Benz Russia and Head of Sales Mercedes-Benz C mehr >>

17.05.2019

Finance: Harris Williams Advises RANDYS Worldwide Automotive on its Sale to Tailwind Capital

Harris Williams, a global investment bank specializing in M&A advisory services, announces the sale of RANDYS Worldwide Automotive (RANDYS), a portfolio company of Linsalata Capital Partners, to Tailwind Capital (Tailwind). RANDYS is a leading supplier of highly engineered drivetrain products to the automotive aftermarket. The transaction, led by Joe mehr >>

Volkswagen delivers fewer vehicles in April 16.05.2019

Finance: Volkswagen delivers fewer vehicles in April

Brand delivers 487,400 vehicles throughout the world: 6.2 percent fewer than in April 2018     Deliveries rise in North America, Russia and Brazil     In China, Volkswagen wins market shares in an overall market that continues to shrink     Sales Board Member Jürgen Stackmann: “ mehr >>

14.05.2019

Finance: Nissan contributes -Ä56 million for first quarter 2019 to Renaultís earnings

Nissan released today its results for the fourth quarter of fiscal year 2018/2019 (April 1, 2018 to March 31, 2019). Nissan’s results, published in JGAAP, for the fourth quarter of fiscal year 2018/2019 (January 1st to March 31th, 2019), after IFRS restatements, will have a negative contribution to Renault’s first quarter 2019 net income mehr >>

14.05.2019

Finance: VW Shareholders formally approve actions of Board of Management and Supervisory Board and adopt resolution on increased dividend for 2018

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 mehr >>

13.05.2019

Finance: Volkswagen resumes preparations for IPO of TRATON SE

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, mehr >>

Mercedes-Benz sells about 182,000 vehicles worldwide in April 10.05.2019

Finance: Mercedes-Benz sells about 182,000 vehicles worldwide in April

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. mehr >>

BMW Group's operational performance on course 07.05.2019

Finance: BMW Group's operational performance on course

-  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 mehr >>

AUDI AG: first quarter of 2019 still affected by adverse factors 03.05.2019

Finance: AUDI AG: first quarter of 2019 still affected by adverse factors

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 mehr >>

Kia Motors posts global sales of 227,773 units in April 02.05.2019

Finance: Kia Motors posts global sales of 227,773 units in April

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 mehr >>

The Volkswagen Group boosts sales revenue and earnings in the first quarter 2019 02.05.2019

Finance: The Volkswagen Group boosts sales revenue and earnings in the first quarter 2019

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    mehr >>

PwC welcomes Dr. Anil Khurana as the Global Industrial Manufacturing and Automotive Industry leader 29.04.2019

Finance: PwC welcomes Dr. Anil Khurana as the Global Industrial Manufacturing and Automotive Industry leader

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 mehr >>

26.04.2019

Finance: Groupe Renault Revenues of Ä12.5 billion in the first quarter of 2019

    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.  mehr >>

Benedikt Schell to become the new CEO of Mercedes-Benz Bank AG 25.04.2019

Finance: Benedikt Schell to become the new CEO of Mercedes-Benz Bank AG

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. mehr >>

Mitsubishi Motors Philippines hits its One Million-Unit Sales in 2019 09.04.2019

Finance: Mitsubishi Motors Philippines hits its One Million-Unit Sales in 2019

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 mehr >>

05.04.2019

Finance: Williams Reports 2018 Annual Results

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 mehr >>

04.04.2019

Finance: Compensation of Mr.Carlos Ghosn for the 2018 financial year

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 mehr >>

The brand has created a network of 210 CUPRA Corners 02.04.2019

Finance: The brand has created a network of 210 CUPRA Corners

   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 mehr >>

New management at Volkswagen Group Components 27.03.2019

Finance: New management at Volkswagen Group Components

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 mehr >>

Daimler AG planned new Group structure 22.03.2019

Finance: Daimler AG planned new Group structure

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 mehr >>

Erneute erfolgreiche Anleihenausgabe von Fastned 22.03.2019

Finance: Erneute erfolgreiche Anleihenausgabe von Fastned

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 mehr >>

BMW Group sets strategic course for future 20.03.2019

Finance: BMW Group sets strategic course for future

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 mehr >>

Porsche rewards employees for a highly successful 2018 20.03.2019

Finance: Porsche rewards employees for a highly successful 2018

€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 mehr >>

Porsche in 2018: Inspiration, facts and figures 19.03.2019

Finance: Porsche in 2018: Inspiration, facts and figures

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 mehr >>

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