Top Story: Audi decides on investment program for realignment

Around €14 billion of advance expenditure for electric mobility, digitalization and autonomous driving by the end of 2023        Interim CEO Bram Schot: “We are systematically moving towards electric mobility and are consistently prioritizing future topics”        Audi Transformation Plan counteracts financial burden of high upfront expenditure  The Audi Group is accelerating its realignment with high investments in future-o mehr >>

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Audi decides on investment program for realignment 04.12.2018

Finance: Audi decides on investment program for realignment

Around €14 billion of advance expenditure for electric mobility, digitalization and autonomous driving by the end of 2023        Interim CEO Bram Schot: “We are systematically moving towards electric mobility and are consi mehr >>

BMW Reports November 2018 U.S. Sales 04.12.2018

Finance: BMW Reports November 2018 U.S. Sales

BMW brand sales increase for 13th consecutive month.All-new U.S.-built BMW X5 arrives at BMW Centers and the LA Auto Show.BMW electrified vehicles accounted for 7.7 percent of total U.S. mehr >>

Kia Motors posts global sales of 247,115 vehicles in November 03.12.2018

Finance: Kia Motors posts global sales of 247,115 vehicles in November

Kia Motors Corporation announced its November 2018 global sales figures for passenger cars, recreational vehicles (RVs) and commercial vehicles, recording a total of 247,115 units sold, which represents a 3.8 percent year-on-year decrease. Overseas sales dropped 4.6 mehr >>

Alliance: Groupe Renault – Nissan – Mitsubishi joint release 29.11.2018

Finance: Alliance: Groupe Renault – Nissan – Mitsubishi joint release

Over the past few days, the Board of Directors of Groupe Renault, Nissan Motor Co., Ltd and Mitsubishi Motors Corporation have all – individually and collectively - emphatically reiterated their strong commitment to the Alliance. mehr >>

Mitsubishi Motors Announces Production, Sales and Export Figures for October 2018 29.11.2018

Finance: Mitsubishi Motors Announces Production, Sales and Export Figures for October 2018

October 2018 Fiscal Year 2018 (18/04-18/10) Calendar Year 2018 (18/01-16/10) Volume (unit) YoY(%) Volume (unit) YoY(%) Volume (unit) YoY(%)ProductionDomestic Produc mehr >>

Volkswagen invests in digital specialist diconium 23.11.2018

Finance: Volkswagen invests in digital specialist diconium

With diconium as a technology partner, Volkswagen is taking the next step in the development of the Volkswagen Auto-motive Cloud. This will link the fully connected vehicle, the cloud-based platform (One Digital Platform) and digital value-added services. &nbs mehr >>

22.11.2018

Finance: Tokyo District Public Prosecutors Office notes on MM. C. Ghosn and G.Kelly

Shin Kukimoto, deputy public prosecutor at the Tokyo District Public Prosecutors Office, said on Thursday that he could not comment on whether Nissan Chairman Carlos Ghosn had admitted to allegations of financial misconduct.Kukimoto also said that Ghosn is being held at the Tokyo Detention Centre and that the Tokyo District Court on Wednesday approved detaining Ghosn for mehr >>

21.11.2018

Finance: Tokyo District Court on Carlos Ghosn and Greg Kelly

    Tokyo District Court has decided that Nissan Motor Chairman Carlos Ghosn and Representative Director Greg Kelly will be detained for 10 days, Kyodo News reported on Wednesday.Ghosn was arrested on Monday after a Nissan internal investigation found he had allegedly engaged in years of wrongdoing, including personal use of company money and under-r mehr >>

20.11.2018

Finance: Renault Group Board of Directors communication on Mr. Carlos Ghosn

The Board of Directors of Renault held today adopted transitional governance measures to preserve the interests of the Group and the continuity of its operations.The Board was chaired by the lead independent director Mr. Philippe Lagayette after the opening of judicial proceedings against Mr. Carlos Ghosn in Japan. At this stage, the Board is unable to c mehr >>

20.11.2018

Finance: Groupe Renault statement ref Carlos Ghosn

Groupe Renault, which acknowledges the first statement from the Tokyo District Public Prosecutor Office in connection with the judicial proceedings regarding Mr. Carlos Ghosn, is fully engaged and monitors carefully the development of the situation. Thierry Bolloré, Chief Operating Officer Groupe Renault, is specifically in charge of the continuity of the Exe mehr >>

Supervisory Board of Volkswagen AG re-assigns responsibility for China Board of Management Division 16.11.2018

Finance: Supervisory Board of Volkswagen AG re-assigns responsibility for China Board of Management Division

Dr. Herbert Diess to be responsible for China business    Dr. Stephan Wöllenstein (photo caption) to manage the operational business of the Group in China as CEO in the future &nbs mehr >>

Acura RDX Sets New Annual Sales Record 14.11.2018

Finance: Acura RDX Sets New Annual Sales Record

    RDX eclipses previous annual sales record of 52,361 units, set in 2016, with more than six selling weeks left in the year    RDX is the retail best-selling model in the premium midsize CUV category, luxury's largest mehr >>

Neuer Pkw-Prüfstandard bremst Konjunktur 13.11.2018

Finance: Neuer Pkw-Prüfstandard bremst Konjunktur

Neue Studie des IfW Kiel: "Zuwachs des BIP im dritten Quartal um 0,3 Prozentpunkte gedämpft"  Der neue Abgasprüfstandard WLTP hat in der deutschen Automobilindustrie f mehr >>

Exceptional situation impacts Audi deliveries also in October 09.11.2018

Finance: Exceptional situation impacts Audi deliveries also in October

   October: minus 25.7 percent; January through October: minus 0.9 percent        Growth in China, negative exceptional effects in Europe        Interim CEO and Head of Sales Bram Schot: “We nearly doubled the number of homologated models last month”  mehr >>

Volkswagen deliveries are down in October 09.11.2018

Finance: Volkswagen deliveries are down in October

516,900 vehicles delivered throughout the world, 6.2 percent below October 2017    Overall market and deliveries in China continue to be affected by trade dispute with the USA     As expected, effects of WLTP changeover in Europe become less pronounced     Positive impetus from Brazil (+61.8 pe mehr >>

Nissan contributes € 384 million for third quarter 2018 to Renault’s earnings 08.11.2018

Finance: Nissan contributes € 384 million for third quarter 2018 to Renault’s earnings

Nissan released today its results for the second quarter of fiscal year 2018/2019 (April 1, 2018 to March 31, 2019).  Nissan’s results, published in JGAAP, for the second quarter of fiscal year 2018/2019 (July 1st to September 30th, 2018), mehr >>

Mercedes-Benz begins fourth quarter with new sales record 07.11.2018

Finance: Mercedes-Benz begins fourth quarter with new sales record

    Last month, Mercedes-Benz sold 190,021 vehicles worldwide – more than ever before in an October (+3.9%).    From January to October, unit sales by Mercedes-Benz of 1,905,108 vehicles were slightly above the hig mehr >>

BMW Group clearly focused on mobility of the future 07.11.2018

Finance: BMW Group clearly focused on mobility of the future

-  Krüger: Forward-looking approach has absolute priority-  Key strategic decisions taken in recent months- Significantly higher upfront expenditure for R&D-  Revenues and earnings for nine-month period at high levels -  High volatility and intense competition - Outlook announced on 25 September con mehr >>

Volkswagen remains on track for growth despite a challenging environment 06.11.2018

Finance: Volkswagen remains on track for growth despite a challenging environment

Sales revenue and deliveries above prior-year level    As expected, operating profit for the third quarter affected by WLTP changeover    Forecasts for sales revenue and operating profit for 2018 confirmed    mehr >>

Mitsubishi Motors Reports FY2018 First-Half Financial Results 06.11.2018

Finance: Mitsubishi Motors Reports FY2018 First-Half Financial Results

Mitsubishi Motors Corporation (MMC) today announced its financial results for the first-half of FY2018 (from April 1 to September 30, 2018).   mehr >>

Trucks and Electrified Vehicles Spark Strong October Sales for American Honda 01.11.2018

Finance: Trucks and Electrified Vehicles Spark Strong October Sales for American Honda

•    American Honda trucks gain 6.5% to set new October record•    Honda electrified vehicles have best month on record, exceeding 6,000 retail sales for second month in a row•& mehr >>

Kia Motors posts global sales of 250,294 vehicles in October 01.11.2018

Finance: Kia Motors posts global sales of 250,294 vehicles in October

Kia Motors Corporation announced its October 2018 global sales figures for passenger cars, recreational vehicles (RVs) and commercial vehicles, recording a total of 250,294 units sold, which represents a 4.2 percent year-on-year increase.Overseas mehr >>

AUDI AG after three quarters: key financials impacted by extraordinary factors 31.10.2018

Finance: AUDI AG after three quarters: key financials impacted by extraordinary factors

WLTP changeover and numerous model changes: 8.3% operating return on sales before special items for the first three quarters, 6.5% after special items        Special item affecting earnings of €800 million fine imposed by Munich II Public Prosecutor’s Office in the third quarter        mehr >>

Porsche achieves growth in revenue and operating result 31.10.2018

Finance: Porsche achieves growth in revenue and operating result

Record number of employees at 31,753Thanks to a strong third quarter, Porsche AG once again increased its operating result, revenue, deliveries and number of employees in the first nine months of 2018. The operating result compared with the same period in the previ mehr >>

Alliance Ventures leads strategic investment in WeRide.ai 31.10.2018

Finance: Alliance Ventures leads strategic investment in WeRide.ai

Renault-Nissan-Mitsubishi and WeRide.ai to increase presence in Chinese autonomous vehicle services. Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi, has become the lead strategic investor of WeRide.ai (former mehr >>

Sentinel Capital Partners Acquires Holley Performance Products 29.10.2018

Finance: Sentinel Capital Partners Acquires Holley Performance Products

COMBINATION WITH DRIVEN PERFORMANCE BRANDS CREATES LEADING BRANDED AUTOMOTIVE PERFORMANCE PRODUCTS PLATFORMSentinel Capital Partners (“Sentinel”), a private equity firm that invest mehr >>

Olivier Murguet is appointed Renault Executive Vice-President Sales & Regions 25.10.2018

Finance: Olivier Murguet is appointed Renault Executive Vice-President Sales & Regions

Groupe Renault announces the appointment of Olivier Murguet as Executive Vice-President of the new Sales & Regions Division. He will report to Thierry Bolloré, Chief Operating Officer and will become a member of Gro mehr >>

25.10.2018

Finance: Volkswagen subsidiary TRATON refines portfolio

   Volkswagen AG acquires MAN Energy Solutions SE and all shares in Renk AG from MAN SE     TRATON AG is thereby focusing exclusively on trucks, buses and digital transportation solutions     Frank Witter, CFO: “In the light of our decision to prepare TRATON for a possible initial public offering (IP mehr >>

Daimler Group investment in the future and outlook 25.10.2018

Finance: Daimler Group investment in the future and outlook

The Daimler Group invested €2.1 billion in property, plant and equipment in the third quarter (Q3 2017: €1.5 billion). Most of that investment, €1.6 billion, was at the Mercedes-Benz Cars division (Q3 2017: €1.0 billion). The Group’s research and development expenditure in the third quarter amounted to €2.4 billion (Q3 2017 mehr >>

Daimler achieves third-quarter EBIT of €2.5 billion in a volatile environment 25.10.2018

Finance: Daimler achieves third-quarter EBIT of €2.5 billion in a volatile environment

       Slight decrease in unit sales to 794,700 vehicles (-4%)    Revenue close to prior-year level at €40.2 billion (Q3 2017: €40.7 billion)    Group mehr >>

Groupe PSA: Q3 2018 Revenue +7.8% growth 24.10.2018

Finance: Groupe PSA: Q3 2018 Revenue +7.8% growth

•    Groupe PSA Q3 revenue at €15.4 billion[1] and YTD revenue up 29.1% at €54 billion;•    Peugeot Citroën DS (PCD) Automotive division revenue up 0.8%: o    Strong market share increase in Europe: +0.7 pt[2];o    Negative impact of exchange rates e mehr >>

24.10.2018

Finance: PSA Supervisory Board decision

At its meeting of 23 October 2018, and acting on the recommendation of the Appointments, Compensation and Governance Committee, the Supervisory Board of Peugeot S.A. decided to appoint Louis Gallois, an independent member of the Supervisory Board as well as its Chairman, as a member of the Finance and Audit Committee.Louis Gallois will contribute his ski mehr >>

Group Renault Revenues of €11.5 billion in the third quarter of 2018 23.10.2018

Finance: Group Renault Revenues of €11.5 billion in the third quarter of 2018

•    Group registrations increased by 2.9%, including Jinbei and Huasong brands since January 1, 2018. On an equivalent scope to 2017, Groupe Renault sales decreased by 1.7% in a global market that fell by 2.4%.•    Group revenues amounted to €11,484 million1-2 in the quarter (-6.0%). At constant exchange rates a mehr >>

Alliance Ventures invests in Data Ecosystem for shared transport services 12.10.2018

Finance: Alliance Ventures invests in Data Ecosystem for shared transport services

Alliance Ventures, the corporate venture capital fund of Renault-Nissan-Mitsubishi, the world's largest automotive group by unit sales, today announced that it led a $5 million Series A investment in Coord, the US mobility data platform.  mehr >>

Volkswagen deliveries in September affected by WLTP changeover, as expected 10.10.2018

Finance: Volkswagen deliveries in September affected by WLTP changeover, as expected

485,000 vehicles delivered throughout the world in September – 18.3 percent below September 2017     Europe and Germany affected by especially severe fall as a result of expected WLTP effect on overall market and the brand     Brazil continues to grow: +26.1 percent compared with September 2017  mehr >>

Mercedes-Benz sells more than 200,000 vehicles worldwide in September 08.10.2018

Finance: Mercedes-Benz sells more than 200,000 vehicles worldwide in September

    From January to September, unit sales by Mercedes-Benz of 1,715,087 vehicles were at the high prior-year level (-0.1%).    Worldwide, Mercedes-Benz sold 202,819 units in September (-8.2%).    In the third quarter, 526,255 cars with the star were delivered to customers worldwide (-8.2%). mehr >>

Renault Board of Directors proposes the appointment of Mr. Thomas Courbe as Director 05.10.2018

Finance: Renault Board of Directors proposes the appointment of Mr. Thomas Courbe as Director

Mr. Pascal Faure, who has served on Groupe Renault’s Board of Directors as representative of the French State since February 2013, has decided to resign from his office as Director. During its meeting held on mehr >>

Exceptional situation in Europe adversely affects AUDI AG deliveries in September 05.10.2018

Finance: Exceptional situation in Europe adversely affects AUDI AG deliveries in September

Down 22.0 percent in the month, year as a whole up 2.0 percent year-on-year        Growth in China and North America, negative extraordinary effects in Europe        Interims-CEO and Sales chief Bram Schot: “We expected challenging months and are responding actively to the situation” mehr >>

Opel Achieves Market Share of 10.2 Percent in September in Germany 02.10.2018

Finance: Opel Achieves Market Share of 10.2 Percent in September in Germany

Opel benefitted from the timely and consistent preparation of the transition to the new WLTP (Worldwide Harmonized Light Vehicles Test Procedure) test cycle in September: The brand with the Blitz achieved a passenger car market share of 10.2 percent (+ 2.6 percentage points) in Germany in September. mehr >>

26.09.2018

Finance: Daimler sets its course for the future

-  Dieter Zetsche to succeed Manfred Bischoff in the Supervisory Board – Ola Källenius to become Chairman of the Board of Management of Daimler AG in 2019    Supervisory Board prepares succession at an early stage    Dieter Zetsche to be elected as member of the Supervisory Bo mehr >>

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