Top Story: 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 The new Volkswagen Group Components brand is using its cross-brand and international structure to fill some of its management positions. As of 1 March 2019, Heiner Lanze has taken over as Head of Procurement of the newly inde mehr >>

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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 >>

Thierry Koskas appointed Senior Vice-President, Sales & Marketing at Groupe PSA 18.03.2019

Finance: Thierry Koskas appointed Senior Vice-President, Sales & Marketing at Groupe PSA

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 mehr >>

BMW Group sets strategic course under challenging conditions 15.03.2019

Finance: BMW Group sets strategic course under challenging conditions

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 - mehr >>

A strong year for Porsche: in pole position for electromobility 15.03.2019

Finance: A strong year for Porsche: in pole position for electromobility

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 mehr >>

Automobili Lamborghini reaches record highs in all key business figures 2018 14.03.2019

Finance: Automobili Lamborghini reaches record highs in all key business figures 2018

•    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 mehr >>

Audi accelerates its realignment - After significant adverse factors in 2018 financial year 14.03.2019

Finance: Audi accelerates its realignment - After significant adverse factors in 2018 financial year

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 mehr >>

SEAT achieves the highest operating profit in its history 14.03.2019

Finance: SEAT achieves the highest operating profit in its history

    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 mehr >>

Volkswagen brand steps up pace of transformation 13.03.2019

Finance: Volkswagen brand steps up pace of transformation

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 mehr >>

VW delivers fewer vehicles but gains market shares 13.03.2019

Finance: VW delivers fewer vehicles but gains market shares

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 mehr >>

Volkswagen Group brands deliver a solid performance 12.03.2019

Finance: Volkswagen Group brands deliver a solid performance

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 mehr >>

11.03.2019

Finance: Electronic components drive renewed growth in trade, in technology goods in 2017

* 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 mehr >>

PWC : New York, London and Hong Kong expected to remain as top listing destinations in 2030 11.03.2019

Finance: PWC : New York, London and Hong Kong expected to remain as top listing destinations in 2030

•    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 mehr >>

BMW Group delivers over 171,000 vehicles in February 08.03.2019

Finance: BMW Group delivers over 171,000 vehicles in February

- 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 mehr >>

05.03.2019

Finance: Volkswagen to pay performance-related bonus of 4,750

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 mehr >>

Kia Motors posts global sales of 197,647 vehicles in February 04.03.2019

Finance: Kia Motors posts global sales of 197,647 vehicles in February

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. mehr >>

Acura Sales Climb 11% as American Honda Posts Strong February Results 01.03.2019

Finance: Acura Sales Climb 11% as American Honda Posts Strong February Results

    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 mehr >>

28.02.2019

Finance: BMW i Ventures Announces Investment in Züm.

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 mehr >>

Appointment of Olivier Bourges to the Managing Board of Groupe PSA 27.02.2019

Finance: Appointment of Olivier Bourges to the Managing Board of Groupe PSA

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.  mehr >>

FCA to Expand Production Capacity in Michigan to Grow Core Brands, Electrify Jeep Vehicles 27.02.2019

Finance: FCA to Expand Production Capacity in Michigan to Grow Core Brands, Electrify Jeep Vehicles

$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 mehr >>

Mitsubishi Motors Announces Production, Sales and Export Figures for January 2019 27.02.2019

Finance: Mitsubishi Motors Announces Production, Sales and Export Figures for January 2019

    January 2019     Production     Domestic Production     52,209     108.3  &nb mehr >>

Groupe PSA to step up the momentum of its Push to Pass strategic plan 26.02.2019

Finance: Groupe PSA to step up the momentum of its Push to Pass strategic plan

...for the second phase, 2019-2021 •    Groupe PSA is now sustainably competitive, driven by the results of an efficiency drive that has aligned it with the best levels in th mehr >>

Historic year for Groupe PSA in 2018: record level 26.02.2019

Finance: Historic year for Groupe PSA in 2018: record level

...in revenue, volume of sales, recurring operating income and net result •    6.8% increase of Group sales at 3.88 million vehicles•   mehr >>

Lexus celebrates its 10 millionth vehicle sold globally 25.02.2019

Finance: Lexus celebrates its 10 millionth vehicle sold globally

    Landmark achievement includes 1.45 million self-charging hybrid vehicles    Record sales of 698,330 vehicles achieved in 2018 (+ 4.5% vs 2017)    30th anniversary of the brand launched in 1989 mehr >>

Volkswagen Group brings 2018 to successful close 22.02.2019

Finance: Volkswagen Group brings 2018 to successful close

Sales revenue of EUR 235.8 billion exceeds previous year by EUR 6.3 billion; operating profit before special items of EUR 17.1 (17.0) billion at prior-year level    Net liquidity in Automobile Division again robust, at EUR 19.4 (22.4) billion mehr >>

TRATON remains on growth path in 2018 20.02.2019

Finance: TRATON remains on growth path in 2018

Vehicle sales increase significantly by 14%    A record 233,000 vehicles delivered    CEO Andreas Renschler: “Fully achieved our targets.” TRATON SE maintained its growth path mehr >>

Groupe PSA invests in FengChe 18.02.2019

Finance: Groupe PSA invests in FengChe

•    FengChe is a leading Chinese provider of used car supply chain management and transaction servicesphoto caption: Phil Robson, VP – Used Vehicles: New Business & Genyuan TAO, CEO & Founder FengChe mehr >>

Creating value beyond the deals -PwC and Mergermarket study 18.02.2019

Finance: Creating value beyond the deals -PwC and Mergermarket study

Most acquisitions and divestments don’t maximise value – even when some dealmakers think they do. But acquirers who prioritise value creation at the onset outperform peers by mehr >>

Volkswagen Group makes solid start to new year 16.02.2019

Finance: Volkswagen Group makes solid start to new year

Group brands delivered 882,200 vehicles worldwide in January (-1.8 percent)    Group wins market shares in more sharply declining overall world market    Growth in market shares in Europe, South America and Asia/Pacific, especially China    Special challenges from China and Brexit mehr >>

2018 FINANCIAL RESULTS: Groupe Renault maintained its operating margin at a high level 14.02.2019

Finance: 2018 FINANCIAL RESULTS: Groupe Renault maintained its operating margin at a high level

....despite a more challenging environment in the second half    Sales were up 3.2% to 3.9 million units including Jinbei and Huasong brands as of January 1, 2018.    Group revenues were down 2.3% to €5 mehr >>

FCA and Groupe PSA extend Sevel Partnership to 2023 14.02.2019

Finance: FCA and Groupe PSA extend Sevel Partnership to 2023

FCA Italy and Groupe PSA have signed an agreement to extend until 2023 their successful LCV cooperation, started 40 years ago.The terms of this new agreement also include continued manufacture by the JV of Fiat Ducato, Peugeot Boxer and Citroën Jumper lar mehr >>

13.02.2019

Finance: Renault Groupe Board of Directors communication concerning Mr Carlos Ghosn

Following the resignation of Mr. Carlos Ghosn from the offices of Chairman of the Board of Directors and Chief Executive Officer on 24th January 2019, the Board unanimously decided, at its meeting of 13th February 2019, to waive Mr. Ghosn’s non-compete commitment and, consequently, not to pay the corresponding compensation equal to two years fixed and variable compensation.  mehr >>

Mercedes-Benz delivers more than 180,000 vehicles worldwide in January 11.02.2019

Finance: Mercedes-Benz delivers more than 180,000 vehicles worldwide in January

    Mercedes-Benz delivered 180,539 vehicles worldwide last month (-6.7%).    In China, more than 70,000 Mercedes-Benz vehicles were delivered in a month for the first time (+4.8%).  &n mehr >>

Audi starts 2019 with around 144,650 automobiles sold 08.02.2019

Finance: Audi starts 2019 with around 144,650 automobiles sold

January close down 3.0 percent        Strongest start to the year ever in China        Vice President Marketing and Sales Martin Sander: “Electrification as focus topic for 2019” mehr >>

The relevance of gold as a strategic asset 05.02.2019

Finance: The relevance of gold as a strategic asset

Gold is a highly liquid yet scarce asset, and it is no one’s liability. It is bought as a luxury good as much as an investment. As such, gold can play four fundamental roles in a portfolio:&bull mehr >>

Goodyear Acquires Weeting Tyres 04.02.2019

Finance: Goodyear Acquires Weeting Tyres

•    Acquisition aligns with Goodyear’s strategy •    Weeting Tyres branches to remain part of the HiQ Network, under Goodyear ownership Good mehr >>

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