Top Story: RCI Bank and Services acquires an 75% majority interest in iCABBI

On June 8, 2018, RCI Bank and Services acquired a 75% majority interest in iCabbi, a dispatch management1 company for automotive fleets of taxis and PHVs2 that is currently reporting the highest growth rate on the market.Thanks to iCabbi's software, taxi and PHVs companies calculate their customers’ itineraries and availability of their drivers in real time to optimize management of their fleets of vehicles. iCabbi also offers a reporting tool for taxi and PHVs companies to monitor ch mehr >>

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RCI Bank and Services acquires an 75% majority interest in iCABBI 19.06.2018

Finance: RCI Bank and Services acquires an 75% majority interest in iCABBI

On June 8, 2018, RCI Bank and Services acquired a 75% majority interest in iCabbi, a dispatch management1 company for automotive fleets of taxis and PHVs2 that is currently reporting the highest growth rate on the market.Thanks to iCab mehr >>

Mercedes-Benz Trucks to invest about 50 million euros in expansion of the Development and Test Center 15.06.2018

Finance: Mercedes-Benz Trucks to invest about 50 million euros in expansion of the Development and Test Center

Almost precisely ten years after the ceremonial opening of the Development and Testing Center (EVZ) in Wörth am Rhein, Mercedes‑Benz Trucks will invest about another 50 million euros in the center of competence for the development work on commercial vehicles. mehr >>

Rolls-Royce on a roll 14.06.2018

Finance: Rolls-Royce on a roll

In light of the news emanating from Rolls-Royce plc today, and to avoid any potential confusion in the media, Rolls‑Royce Motor Cars wishes to clarify that it is in excellent health and enjoying sustained global success across its model range. There are no plans for job reductions. mehr >>

Alexander Pollich to be the new Managing Director of Porsche Deutschland 11.06.2018

Finance: Alexander Pollich to be the new Managing Director of Porsche Deutschland

Jens Puttfarcken and Marcus Eckermann to head the Chinese and British sales organisations respectivelyPersonnel change at the top of Porsche Deutschland GmbH: Alexander Pollich (51), previously Managing Director of Porsche Cars Great Britain, will be mehr >>

SEAT closes the best month of May in its history 07.06.2018

Finance: SEAT closes the best month of May in its history

18.5% GROWTH SINCE JANUARY •    The carmaker sold close to 50,000 cars, amounting to a 15.5% increase•    From January to May, SEAT commercialised 238,500 vehicles•  &nb mehr >>

Groundbreaking for first Mercedes Benz Full-Flex Plant in Hungary 05.06.2018

Finance: Groundbreaking for first Mercedes Benz Full-Flex Plant in Hungary

 Mercedes-Benz Cars invests one billion euros in new car plant in Hungary    Next step on the road to smart production: Mercedes-Benz Cars is starting construction of a “Full-Flex Plant” and transferring the blue print of &l mehr >>

Groupe PSA’s Business Lab and Latin America Division partner with Cubo Itaú in Brazil 04.06.2018

Finance: Groupe PSA’s Business Lab and Latin America Division partner with Cubo Itaú in Brazil

• Cubo Itaú is the largest technological entrepreneurship hub in Latin America• The Business Lab is partnering with Cubo Itaú to step up Groupe PSA’s digital transformation in the regionGroupe PSA’s Bu mehr >>

Groupe PSA increases SUV production capacity in Europe 30.05.2018

Finance: Groupe PSA increases SUV production capacity in Europe

• Following the success of the SUV offensive led by its five brands, the Group is increasing production capacity in Europe to meet market demand• Conditions are now in place to achieve the highest levels of performance and quality in each of the plants concerned• Implementing these projects will ensure high capacity utilisation in each mehr >>

29.05.2018

Finance: Opel and IG Metall/Works Council Agree on Measures for Improved Competitiveness and Investments

•    Grandland X SUV and hybrid version to be produced in Eisenach•    Development of next generation global Groupe PSA 1.6-litre engine family (EP) at Engineering Center in Rüsselsheim•    Framework agreement with job protection extended until 2023Opel h mehr >>

15.05.2018

Finance: Porsche Aktionäre beschließen Erweiterung des Aufsichtsrats

-  Dividende von 1,76 Euro je Vorzugsaktie zugestimmt -  Vorstand und Aufsichtsrat wurde Entlastung erteiltAuf der ordentlichen Hauptversammlung der Porsche Automobil Holding SE (Porsche SE), Stuttgart, haben die Aktionäre an diesem Dienstag die Erweiterung des Aufsichtsrats von sechs auf zehn Mitglieder im Wege einer Satzungs& mehr >>

14.05.2018

Finance: Wahl von Prof. Wolf zum Mitglied des Aufsichtsrats wird verschoben

Prof. Siegfried Wolf (60) hat den Aufsichtsrat der Porsche Automobil Holding SE (Porsche SE), Stuttgart, darüber informiert, dass er in der Hauptversammlung am 15. Mai 2018 in Stuttgart noch nicht für die Wahl in den Aufsichtsrat kandidieren möchte.Der ausgebildete Ingenieur und ehemalige Vorstandsvorsitzende der Magna International Inc., mehr >>

14.05.2018

Finance: Nissan contributes € 478 million for first quarter 2018 to Renault's earnings

Nissan released today its results for the fourth quarter of fiscal year 2017/2018 (April 1, 2017 to March 31, 2018). Nissan’s results, published in JGAAP, for the fourth quarter of fiscal year 2017/2018 (January 1 to March 31, 2018), after restatements(1), will have a positive contribution to Renault’s first quarter 2018 net income estim mehr >>

Audi informs its shareholders about the company’s transformation 09.05.2018

Finance: Audi informs its shareholders about the company’s transformation

More than 20 market launches in 2018 – focus on new design language and fully digital operation        Audi Summit in Brussels: electric initiative starts with all-electric SUV Audi e-tron      &nb mehr >>

30.04.2018

Finance: Porsche SE: Matthias Müller legt Vorstandsmandat nieder

Matthias Müller, Vorstand Strategie und Unternehmensentwicklung der Porsche Automobil Holding SE (Porsche SE), Stuttgart, hat im Einvernehmen mit dem Aufsichtsrat der Porsche SE sein Vorstandsmandat mit Wirkung zum 30. April 2018 niedergelegt. Es wurde vereinbart, dass die ihm zustehenden vertraglichen Leistungen vollständig erfüllt werden. Dr. Wolfg mehr >>

SEAT to recruit 250 more employees as a result of increased production in the Martorell plant 30.04.2018

Finance: SEAT to recruit 250 more employees as a result of increased production in the Martorell plant

Beginning June 1st   •    The sales success of the Ibiza, Arona and Leon lead to more job creation•    With these latest hires, SEAT will add 515 new contracts to date this year mehr >>

MIRICO Receives £1.58 Million Injection From Foresight Williams Technology EIS Fund 30.04.2018

Finance: MIRICO Receives £1.58 Million Injection From Foresight Williams Technology EIS Fund

•    Investment alongside £2 million from existing investors•    Game-changing rugged gas analyser technology •    The Fund supports di mehr >>

Porsche opens a new Experience Centre in Shanghai 27.04.2018

Finance: Porsche opens a new Experience Centre in Shanghai

Sports car manufacturer emphasises the great importance of the Chinese marketExperience the fascination of Porsche at first hand: This slogan typifies the first Porsche Experience Centre in Asia that the sports car manufacturer has opened in China. mehr >>

Audi starts challenging year with successful first quarter 27.04.2018

Finance: Audi starts challenging year with successful first quarter

Audi Group: €15.3 billion revenue, €1.3 billion operating profit, operating return on sales of 8.5 percent        CFO Alexander Seitz: “A solid basis to meet growing challenges”        High self-financing strength: Significant increase in net cash flow to €1.9 billion  mehr >>

Porsche increases revenue and operating result in the first quarter 27.04.2018

Finance: Porsche increases revenue and operating result in the first quarter

Workforce grows to 30,335 employees   Continued growth: Porsche AG has seen a further increase in its deliveries, revenue and operating result in the first three months of the 2018 financial year. Th mehr >>

13.04.2018

Finance: Extensive revision of Volkswagen Group management structure decided

    Board of Management and Supervisory Board pave the way for more efficient Group management    Group will be organized into six business areas and the China region    Dr. Herbert Diess follows Matthias Müller as Chairman of the Group’s Board of Management    Su mehr >>

21.03.2018

Finance: 9,656 euro bonus and jubilee payment for Porsche employees

Sports car manufacturer acknowledges 2017 as a record year and 70-years of the Porsche sports carPorsche shares the success of the company with its employees: After the most successful year in the company’s history, employees at Porsche AG will receive a special bonus of up to 9,300 euro gross. This is the agreemen mehr >>

20.03.2018

Finance: BMW i Ventures Announces Investment in Blackmore Sensors and Analytics, Inc.

BMW i Ventures has announced an investment in Blackmore Sensors and Analytics, Inc., a leading developer of frequency-modulated continuous wave (FMCW) lidar for the automotive industry. “Advances in new sensor technologies, like lidar, are going to make cars safer and, eventually, autonomous,” said BMW i Ventures partner Zach Barasz.&nbs mehr >>

20.03.2018

Finance: Octo Telematics partners with RCI Bank and Services

.... to provide global telematics data analysis for vehiclesOcto’s telematics services and data analytics will be used by RCI Bank and Services, Groupe Renault’s global finance company, to enhance customer relationships and loyalty. Octo Telematics (Octo), the number one global provider of telematics for the auto mehr >>

Jens Puttfarcken takes over as Porsche President and Chief Executive Officer 20.03.2018

Finance: Jens Puttfarcken takes over as Porsche President and Chief Executive Officer

Change of management at Porsche China and Porsche Hong KongA change of management is going ahead in the Porsche China and Porsche Hong Kong sales companies: Jens Puttfarcken, current Chief Executive Officer at Porsche Deutschland GmbH, wil mehr >>

Porsche paves the way for the future with substantial investments 16.03.2018

Finance: Porsche paves the way for the future with substantial investments

Revenue of 23.5 bn euro – operating result of 4.1 bn euro – operating profit margin of 17.6 per centPorsche AG set new records for deliveries, revenue and operating results in the 2017 financial year, delivering a total of 246,375 vehicles (+4 per c mehr >>

Automobili Lamborghini crosses billion Euro turnover threshold 15.03.2018

Finance: Automobili Lamborghini crosses billion Euro turnover threshold

•    Worldwide sales grow for seventh consecutive year to 3,815 units•    Turnover increases by 11% to 1,009 Mio. Euro, the best ever•    Sustained, profitable grow mehr >>

Audi achieves robust performance in a challenging financial year 2017 15.03.2018

Finance: Audi achieves robust performance in a challenging financial year 2017

..... and accelerates business transformation    - Operating profit before special items increases to €5.1 billion; slight increase in operating return on sales before special items to 8.4 percent   mehr >>

Successful financial year 2017 for Volkswagen 15.03.2018

Finance: Successful financial year 2017 for Volkswagen

Volkswagen brand implements product and innovation offensive consistently    Deliveries, sales revenue and result improved in 2017    Operating return on sales improved to 4.1 percent    Good progress with strategic realignment; preparations for electric offensive proceeding to schedule mehr >>

Mercedes-Benz Cars pushes electric initiative in South-East Asia with battery production in Thailand 14.03.2018

Finance: Mercedes-Benz Cars pushes electric initiative in South-East Asia with battery production in Thailand

Mercedes-Benz Cars pushes electric initiative in South-East Asia with battery production in ThailandStrategic investmentAnnouncement of strategic investment in Thailand: (from left to right) Mr. Andreas Lettner, CEO of Mercedes-Benz Manu mehr >>

Volkswagen Group to expand production of electric vehicles worldwide 14.03.2018

Finance: Volkswagen Group to expand production of electric vehicles worldwide

... on a massive scale    "Roadmap E" is picking up speed: 16 production sites for electric vehicles by the end of 2022    Future partnerships with battery manufacturers agreed for Europe and China mehr >>

Alliance Renault Nissan Mitsubishi leadership appointments to accelerate synergies 14.03.2018

Finance: Alliance Renault Nissan Mitsubishi leadership appointments to accelerate synergies

From April 1st, additional convergence will be put in place to accelerate synergies in key operational areas as part of the Alliance 2022 mid-term plan. Renault, Nissan and Mitsubishi today announced that they have met with the necessary emp mehr >>

ULI/PwC report: Global real estate industry remains strong 14.03.2018

Finance: ULI/PwC report: Global real estate industry remains strong

Amidst a late-cycle property market and evolving business modelsDespite being late in its cycle, the global real estate market is benefiting from strong returns for investors and a positive global economic outlook, according to Emerging Trends in Real Estate® mehr >>

SEAT Achieves the Highest Operating Profit in its History 14.03.2018

Finance: SEAT Achieves the Highest Operating Profit in its History

Record Setting Results•    The carmaker earns 191 million euros in 2017, an increase of 24.8%•    Turnover grows by 11.2% to stand at close to 10 billi mehr >>

Audi profit-sharing bonus increases to €4,770 13.03.2018

Finance: Audi profit-sharing bonus increases to €4,770

Chairman of the General Works Council Peter Mosch: “We were committed to the increase, because it’s the deserved reward for the outstanding commitment of our workforce in the 2017 financial year.”        Audi&rsquo mehr >>

Opel stärkt internationales Geschäft mit Fertigung in Namibia 12.03.2018

Finance: Opel stärkt internationales Geschäft mit Fertigung in Namibia

•    Grandland X wird noch dieses Jahr im neuen Joint Venture-Werk der Groupe PSA in Walvis Bay montiert•    Weiterer Schub für Geschäft im Süden Afrikas erwartet•    Wachstum außerhalb Europas Kern von Strategieplan PACE! mehr >>

Audi sales continued to grow in February 12.03.2018

Finance: Audi sales continued to grow in February

Worldwide around 130,950 deliveries (+4.6%)        China and United States as growth engines        Sales chief Bram Schot: “we keep on expanding our luxury-class” mehr >>

Porsche AG extends Albrecht Reimold’s contract by five years 12.03.2018

Finance: Porsche AG extends Albrecht Reimold’s contract by five years

Supervisory Board confirms its trust in the Member of the Executive Board for Production and LogisticsThe Supervisory Board of Dr. Ing. h.c. F. Porsche AG has made the early decision to extend Al mehr >>

10.03.2018

Finance: Porsche SE: Aufsichtsrat soll auf zehn Mitglieder erweitert werden

Weitere Familienmitglieder der vierten Generation und externe Sachverständige ziehen in das Gremium einDer Aufsichtsrat der Porsche Automobil Holding SE (Porsche SE), Stuttgart, schlägt der Hauptversammlung am 15. Mai 2018 in Stuttgart vor, eine Erweiterung des Aufsichtsrats von sechs auf zehn Mitglieder im Wege einer Satzungsänderung zu b mehr >>

10.03.2018

Finance: Porsche SE: Dividendenvorschlag von 1,76 Euro je Vorzugsaktie

Ausschüttungssumme steigt auf 538 Millionen EuroVorstand und Aufsichtsrat der Porsche Automobil Holding SE (Porsche SE), Stuttgart, schlagen der Hauptversammlung am 15. Mai 2018 in Stuttgart für das abgelaufene Geschäftsjahr 2017 eine Dividende in Höhe von 1,76 (im Vorjahr 1,01) Euro je Vorzugsaktie und 1,754 (im Vorjahr 1,004) Euro je Stammaktie vor. mehr >>

Rolls-Royce Motor Cars announces new director of sales and marketing 08.03.2018

Finance: Rolls-Royce Motor Cars announces new director of sales and marketing

Rolls-Royce has announced that Henrik Wilhelmsmeyer will join Rolls-Royce Motor Cars as Director of Sales and Marketing from 3 April 2018.Wilhelmsmeyer is extremely familiar with Rolls-Royce Motor Cars, having served as Director for Region China fro mehr >>

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