Top Story: Porsche in Central and Eastern Europe: Michael Müller succeeds Marcus Eckermann

Change of management in the sales organisationPersonnel change at the top of the Porsche sales organisation for Central and Eastern Europe: Michael Müller (46), previously Area Director Western Europe at Porsche AG, will take over as Managing Director of the Porsche Central and Eastern Europe subsidiary, which is based in Prague, Czech Republic, as of October 1, 2018. Michael Müller succeeds Marcus Eckermann (50) in this role, with the latter having become the new Managing Director of mehr >>

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Porsche in Central and Eastern Europe: Michael Müller succeeds Marcus Eckermann 20.09.2018

Finance: Porsche in Central and Eastern Europe: Michael Müller succeeds Marcus Eckermann

Change of management in the sales organisationPersonnel change at the top of the Porsche sales organisation for Central and Eastern Europe: Michael Müller (46), previously Area Director Western Europe at Porsche AG, will take over as Managin mehr >>

TRATON and Chinese Sinotruk significantly expand strategic partnership 18.09.2018

Finance: TRATON and Chinese Sinotruk significantly expand strategic partnership

TRATON´s brand MAN and CNHTC’s Sinotruk plan to establish joint venture     MAN to localize heavy-duty truck in China     Extension of technology cooperation will be evaluated in key focus areas mehr >>

31.08.2018

Finance: BMW i Ventures Announces Strategic Investment in Vera

BMW i Ventures has announced a strategic investment in Vera, a company developing innovative data-centric security technology for business of all sizes.   Since the company’s founding, Vera has helped some of the world’s leading companies protect their most critical data, without sacrificing visibility and control. Over the past yea mehr >>

Volkswagen expands its engagement in Africa 31.08.2018

Finance: Volkswagen expands its engagement in Africa

- memorandums of understanding signed with Ghana and Nigeria    New plants are to be built in Ghana and Nigeria    Ghana teams with Volkswagen to test new mobility solutions    Memorandums of unders mehr >>

Transforming Transportation: Volkswagen Truck & Bus is now TRATON GROUP 30.08.2018

Finance: Transforming Transportation: Volkswagen Truck & Bus is now TRATON GROUP

Official name change major milestone on the way to become Global Champion    Renschler: “TRATON is a young company with the unique character of a start-up and the extensive experience of its traditional brands. This combination is what it takes to re-invent transportation for future generations.”    Strong brands MAN, S mehr >>

McLaren Automotive appoints Brett Soso a new regional director 28.08.2018

Finance: McLaren Automotive appoints Brett Soso a new regional director

... for the Middle East, Africa and Latin America Region  mehr >>

Rolls-Royce announces new President for Rolls-Royce Motor Cars North America 27.08.2018

Finance: Rolls-Royce announces new President for Rolls-Royce Motor Cars North America

Rolls-Royce has announced that Martin Fritsches has been appointed as President, Rolls-Royce Motor Cars North America from 1 September 2018.Fritsches joined Rolls-Royce earlier thi mehr >>

Audi increases deliveries by 7.0 percent in July 09.08.2018

Finance: Audi increases deliveries by 7.0 percent in July

Worldwide demand up 4.8 percent since January        Deliveries in China increase, positive extraordinary effects in Europe        Interim CEO and Sales chief Bram Schot: “Despite positive response to our models, challenges will increase” mehr >>

Lexus International releases 2018 mid-year sales report 08.08.2018

Finance: Lexus International releases 2018 mid-year sales report

    Lexus global mid-year sales reached 327,838 vehicles (+7% vs. 2017)    Lexus Europe* sold 38,543 vehicles in the same period (+7% vs. 2017)GLOBAL SALESLexus International to mehr >>

SEAT continues to break sales records 08.08.2018

Finance: SEAT continues to break sales records

Cumulative growth of 20.1% •    SEAT delivered 342,700 cars until July, the best result in its history•    Last month’s sales rose sharply by 35.7% to reach more than 52,000 vehicles mehr >>

Porsche increases revenue and operating result in the first half year 02.08.2018

Finance: Porsche increases revenue and operating result in the first half year

Strong profitability despite economic and political challengesIn the first six months of 2018, Porsche AG increased its operating result, revenue, deliveries and number of employees. The ope mehr >>

A strong first half for the Volkswagen brand 02.08.2018

Finance: A strong first half for the Volkswagen brand

    Further significant improvement in sales revenue, operating profit before special items and return on sales    SUV offensive successfully continued; marked growth in all regions of the world    Annual forecast for 2018 confirmed    Board Member for Finance Dr. Arno Antlitz: &l mehr >>

Groupe Renault sets a new operating margin record for a first half-year 27.07.2018

Finance: Groupe Renault sets a new operating margin record for a first half-year

Financial results for the 1st half of 2018:     Registrations increased 9.8% to 2.07 million units (+5.3% excluding Jinbei and Huasong).    Group revenues increased by 1.4% to €29,957 million (+2.4% in the seco mehr >>

26.07.2018

Finance: Groupe Renault HR Senior Management changes

Effective August 1st, 2018, Marie-Françoise DAMESIN will retire from her Human Resources leadership positions both at the Alliance and at Renault. As regards to her HR position at the Alliance, Arun BAJAJ is appointed Alliance SVP, Human Resources. He maintains his current responsibilities as Alliance Talent management and Nissan Human Resour mehr >>

Groupe PSA: Sharp growth and record profitability 25.07.2018

Finance: Groupe PSA: Sharp growth and record profitability

•    40.1% Group revenue growth at €38.6 billion[1]•    8.5% PCD[2] Automotive division recurring operating margin[3]•    5.0% OV[4] Automotive division recurring operating margin•    7.8% Group recurring operating margin, at €3.017 billion•  mehr >>

25.07.2018

Finance: Daimler signs agreement on Ä11 billion credit line

    Concluded with international consortium at attractive conditions    Credit line significantly oversubscribed    New credit line replaces existing credit line and serves to ensure sufficient financial flexibility at all timesOn July 23, 2018, Daimler AG (ticker symbol DAI mehr >>

PSA Groupe - Worldwide sales up 38.1% in the first half of 2018 12.07.2018

Finance: PSA Groupe - Worldwide sales up 38.1% in the first half of 2018

•    Groupe PSA sold 2,181,800 vehicles[1] worldwide, a new all-time record and a 38.1% growth compared with the first half of 2017•    SUV product offensive: sustained succ mehr >>

Porsche has again delivered more vehicles in the first half of the year 12.07.2018

Finance: Porsche has again delivered more vehicles in the first half of the year

Deliveries of the iconic Porsche 911 sports car up by almost 30 per centThe positive trend has continued: With 130,598 vehicles delivered worldwide in just the first six months of 2018, Po mehr >>

Audi and Huawei sign memorandum of understanding for strategic cooperation 11.07.2018

Finance: Audi and Huawei sign memorandum of understanding for strategic cooperation

Audi intends to join forces with Chinese technology corporation Huawei to develop projects in the area of Intelligent Connected Vehicles        Advancement of automated driving and the digitalization of services in the vehicle environment        Pilot project in Wuxi, China, to test new mobile communic mehr >>

Hybrid drives continued sales growth for Lexus in Europe 10.07.2018

Finance: Hybrid drives continued sales growth for Lexus in Europe

    Lexus Europe* sold 38,543 vehicles in the first half of 2018, an increase of 7% vs. last year    Self-charging hybrid vehicles represented 95% of sales in Western and Central Europe    Sales increase led by renewed NX and CT, as well as continued success of RX    More th mehr >>

Audi sales grow by 4.5 percent in the first half of the year 10.07.2018

Finance: Audi sales grow by 4.5 percent in the first half of the year

Worldwide around 949,300 deliveries since January        June demand down 3.8 percent        Interim CEO and Sales chief Bram Schot: “Performed well despite the difficult environment” mehr >>

SEAT  - Decisive boost to the globalisation strategy 09.07.2018

Finance: SEAT - Decisive boost to the globalisation strategy

 SEAT signs an agreement to team up with the joint venture between Volkswagen Group China and JAC •    SEAT to become a shareholder of the company created by Volkswagen Group China and JAC and will be the Group’s lead mehr >>

Acura RDX Snaps Multiple Sales Records Amidst 2019 Model Launch 03.07.2018

Finance: Acura RDX Snaps Multiple Sales Records Amidst 2019 Model Launch

    Best month ever for the RDX and for any Acura SUV    Best sales month for any Acura model in more than a decadeThe all-new 2019 Acura RDX compact luxury SUV came out of the gate at full gallop, hel mehr >>

American Honda Sets New June Sales Records on Strength of Light Trucks 03.07.2018

Finance: American Honda Sets New June Sales Records on Strength of Light Trucks

    Light trucks lift American Honda to new June records for total vehicles and trucks    Acura RDX sets all-time best sales month and all-time record month for any Acura SUV on gain of 37%  &nb mehr >>

Cesar Habib - new Rolls Royce Motor regional director Middle East and Africa 03.07.2018

Finance: Cesar Habib - new Rolls Royce Motor regional director Middle East and Africa

Rolls-Royce has announced that César Habib has been appointed as Regional Director, Middle East & Africa from 1 August 2018. He will be based in Dubai.Habib joined Rol mehr >>

SEAT to lead the Volkswagen Groupís expansion in North Africa 22.06.2018

Finance: SEAT to lead the Volkswagen Groupís expansion in North Africa

STRATEGIC PILLAR FOR GLOBALISATION   •    The Group decentralises its territorial structure to gain speed and efficiencySEAT has been designated by the Volkswagen AG to lead the Group’s growt mehr >>

Daimler adapts earnings expectations 21.06.2018

Finance: Daimler adapts earnings expectations

Today, due to current developments, Daimler AG has made a new assessment of the earnings potential for the year 2018. From today's perspective, the decisive factor is that, at Mercedes-Benz Cars, few mehr >>

Abraham Schot takes over as interim Chairman of the Board of Management of Audi 19.06.2018

Finance: Abraham Schot takes over as interim Chairman of the Board of Management of Audi

...with immediate effect The Supervisory Board of AUDI AG has decided to transfer the duties of the Board of Management Chairman to Abraham Schot on a temporary basis with immediate effect.As previously reported, Audi CEO Ru mehr >>

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 >>

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