Top Story: Volker Mornhinweg to become new head of Mercedes-Benz Vans at Daimler AG |
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* Ola Kaellenius to succeed Volker Mornhinweg as Managing Director of Mercedes-AMG GmbHThe Board of Management of Daimler AG has made the following personnel decisions: Volker Mornhinweg (50), currently managing director of Mercedes-AMG GmbH in Affalterbach will take over as head of the Mercedes-Benz Vans division effective April 1, 2010. He is succeeding Dr. Wolfgang Bernhard, who was appointed as a Member of the Board of Management of Daimler AG
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20.03.2010
* Ola Kaellenius to succeed Volker Mornhinweg as Managing Director of Mercedes-AMG GmbHThe Board of Management of Daimler AG has made the following
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20.03.2010
* Continuation of agreement of 2007 * No change in ownership structure or other arrangements * Bodo Uebber, CFO of Daimler AG and Supervisory Board Chairman of EADS N.V.: “The confirmation of the voting-rights structure gives
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18.03.2010
Positive operative Entwicklung der Beteiligungen Porsche und Volkswagen Die Porsche Automobil Holding SE, Stuttgart, kann für die erste Hälfte ihres am 31. Juli 2010 zu Ende gehenden Geschäftsjahres 2009/10 eine positive operative Entwicklung ihrer Beteiligungen vermelden. Der Porsche Zwischenholding GmbH Konzern – dieser umfasst im Wesentlichen die Porsche
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17.03.2010
Die Volkswagen R GmbH ist zukünftig der Spezialist für die sportlich-exklusiven Modelle im Hause Volkswagen. Mit der Volkswagen R GmbH bündelt die Volkswagen AG ab sofort die Kompetenzen der Entwicklung, der Umsetzung und des Vertriebs individualisierter Fahrzeugangebote
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16.03.2010
18 months after the company's foundation, Bosch Mahle Turbo Systems received the first two high-volume orders for exhaust gas turbochargers. The turbo technology of Bosch Mahle Turbo Systems will be applied in a gasoline downsizing engine and a common-rail diesel engine. Bosch Mahle Turbo Systems will start production for the approximately one million turbochargers per year at the end of 2011.
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15.03.2010
Experienced automotive senior executive joins Saab Responsible for Saab's global sales operations Recruited to optimize sales including three new products in the next 16 months Saab Automobile today announced the appointment of Adrian Hallmark as Executive Director, Sales.
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15.03.2010
* Das Emirat Katar empfängt eine Delegation des Volkswagen Konzerns, der Porsche SE und des Landes Niedersachsens * Langfristiger Ausbau der Kooperation bei Forschung, Entwicklung und Bildung geplant Das Emirat Katar, der Volkswagen Konzern, die Porsche Automobil Holding SE sowie das Land Niedersachsen wollen ih
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13.03.2010
Opel hat heute wichtige Fortschritte bei seinem Zukunftsplan erzielt. In Spanien einigten sich Geschäftsleitung und Gewerkschaften darauf, die geplanten Restrukturierungsmaßnahmen im Werk Zaragoza umzusetzen. Die Einigung, die noch von den Mitarbeitern ratifiziert werden muss, sieht einen sozialverträglichen Abbau von 900 Stellen vor.
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11.03.2010
Profit before tax up by 17.7% to euro 413 millionUnchanged dividend of euro 0.30 per share proposedReithofer: Profitable volume growth targeted for 2010 The BMW Group recorded positive earnings for the financial year 2009 as planned despite the ongoing worldwide financial and economic crisis. Profit before tax rose by 17.7% t
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10.03.2010
* Penetration of new markets: Substantial growth momentum in BRIC countries * Global modular system: Comprehensive modernization of product range * Expansion of leadership in global truck business In what was an
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09.03.2010
Wide range of new models presented at the Geneva Motor ShowThe BMW Group once again improved sales volumes substantially in February of this year. A total of 91,758 BMW, MINI and Rolls-Royce automobiles were delivered to customers (prev. yr. 80,474) – representing an increase of 14.0%. The figure for the year to the end of February was 173,911 units – 15
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09.03.2010
Pour accompagner la dynamique commerciale internationale, que connait actuellement la Marque, Frédéric Banzet, Directeur Général de CITROËN, crée une nouvelle organisation pour son comité de direction à
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09.03.2010
* Cash inflow of approximately €300 million * Daimler Trucks and Mercedes-Benz Cars in very good positions and with increased activities in India * Excellent relations between Daimler and Tata remain unaffected
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08.03.2010
* Growth in all major markets in Western Europe * U.S. sales up 33.6 percent in February * 61.7 percent growth in China * Sales Director Schwarzenbauer: “Strong first quarter thanks to leading position in China and Western Europe”AUDI AG rep
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08.03.2010
Verkaufsanteil der Vollhybrid-Modelle klettert auf fast 70 Prozent
Im Januar und Februar 2010 hat LEXUS in Deutschland gegen den allgemeinen Markttrend zugelegt: Die LEXUS Neuzulassungen stiegen im Vergleich zum Vorjahreszeitraum um 7,6 Prozent auf insg
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04.03.2010
Wolfgang Schubert has been named Managing Director Cadillac Europe, effective March 1, 2010. In this role, he will be responsible for the import, distribution and marketing of the Cadillac models in Europe. Previously, he has been Brand Leader for Cadillac, Corvette and HUMMER for General Motors Europe since 2006. He also led the European transition team super
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04.03.2010
Cadillac posted total sales for February of 9,273, up 32 percent from the same month last year, as SRX continued to make impressive gains in the compact luxury crossover segment. SRX sales rose 542 percent, the
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04.03.2010
The Supervisory Board of Daimler AG has nominated Dr. Paul Achleitner as a candidate for membership of the Supervisory Board representing the shareholders. Achleitner will be available for election at Daimler’s Annual Meet
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03.03.2010
* Mercedes-Benz USA Records February Sales of 14,870 passenger cars and light truck vehicles – an improvement of 4.7 percent over February 2009 * Mercedes-Benz USA Records 515 Sales of Sprinter Vans * smart USA Rec
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02.03.2010
• General Motors Unveils Threefold Increase In Turnaround Investment• Parent Company To Provide More than 50 Percent of Overall FundingOpel/Vauxhall today announced that its parent company General Motors will contribute a substantial €1.9 billion funding package as part of its commitment to the European
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02.03.2010
... to Establish a Technology Partnership for Electric Vehicles in China * Technology partnership for a new electric vehicle suited to the Chinese market * New brand to be created by Daimler and BYD * Dr. Diet
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26.02.2010
Honda Motor Co., Ltd. announced a summary of automobile production, Japan domestic sales, and export results for the month of January 2010.<Production>Production in Japan for the month of January 2010 experienced a year-on-year increase for the first time in 15 months (since October 2008).Production in regions outside of Japan experienced a y
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23.02.2010
Transfer of ownership has taken placeTransaction signals the start of an exciting new era for SaabSaab and Spyker to operate under parent company Spyker Cars N.V. Spyker Cars N.V. today confirmed it has finalized the deal with General Motors Company to purchase Saab Automobile AB. The transfer of ownership took place at 16:30 on February
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23.02.2010
Mitsubishi Motors Corporation today announced global production, as well as domestic sales and export figures for January 2010. Production: global total and JapanTotal global production for January 2010 came in at 90,280 units, 69.3 percent up over the same month last year and the third consecutive monthly increase since Novem
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19.02.2010
.... positive EBIT of more than €2.3 billion expected for 2010 * Further improvement in EBIT from ongoing business to €0.6 billion in fourth quarter of 2009 * Net loss of €2.6 billion for 2009 (2008: net profit of €1.4 billion)
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15.02.2010
16.6% sales growth in JanuaryAll three brands make substantial gainsThe BMW Group began the new year with a strong increase in sales of 16.6%. A total of 82,120 BMW, MINI and Rolls-Royce automobiles were delivered to customers worldwide in January (prev. yr. 70,419).Ian Robertson, member of the Board of Management of
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12.02.2010
The EIB has today approved a loan to Saab Automobile for €400 million. A statement on the EIB's website reads:The EIB has confirmed the authorisation to conclude the EUR 400 million loan to SAAB Automobile AB in accordance with the terms and conditions approved by the Board of Directors on 21 October 2009 and to conclude the guarantee agreement with the Swedish
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10.02.2010
BMW has demonstrated outstanding residual values, across its range, at a special closed auction by BCA in Nottingham on 4th February. 265 new and established models sold for 100 per cent conversion, generating £8.1 million.The BMW X1 and 5 Series Gran Turismo had a great introduction to the used car market. On their debut, both cars exceeded expectations, averaging
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09.02.2010
Country Reduction (rounded)Germany 650UK 150Belgium 110Switzerland (GME headquarters) 80France 50Hungary 40Italy 40Poland 40Russia 40Netherlands 20Sweden 1
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09.02.2010
Plant Plan ReductionAntwerp Intention to close Antwerp plant and to relocate current Astra HB3 to Bochum until new HP3 is launched, announced on Jan. 21st 2,377Bochum Exclusive allocation of new Zafira in 3 shift production at adjust
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09.02.2010
Product offensive and new investments to put Opel on a sustainable path • Opel to invest €11 billion by 2014• Positive assessment of company’s plan by independent auditors Warth & Klein• Opel formally applies for loans or loan guarantees• New product o
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06.02.2010
...as a member of the Board of ManagementDaimler AG (stock-exchange abbreviation DAI) intends to appoint Dr. Wolfgang Bernhard as a full member of the Board of Management of Daimler AG. In this context, following consultations with the Presidential Committee of the Supervisory Board, the Chairman of the Supervisory Board of Daimler AG, Dr. Ma
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05.02.2010
* Dr. Joachim Schmidt: "In the coming weeks we will build on the excellent start we've made in 2010 - we expect to see significant growth in the first quarter." * Mercedes-Benz is fastest-growing premium brand in U.S. *
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05.02.2010
Ergebnis im dritten Quartal wieder positivDie Toyota Motor Corporation (TMC) hat heute das Ergebnis für das dritte Quartal (01.10.2009 – 31.12.2009) des laufenden Geschäftsjahres bekannt gegeben. So lag der konsolidierte Umsatz in diesem Zeitraum bei 5,3 Billionen Yen* (39,8 Milliarden Euro), ein Zuwachs von 10,2 Prozent gegenüber de
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04.02.2010
..... and Full-Year ForecastsMitsubishi Motors Corporation today announced its sales and financial results for the third quarter (3Q) of the 2009 fiscal year ending March 31, 2010, and outlined its forecasts for the full fiscal year. 1. Performance overviewMitsubishi Motors posted consolidated net sales of 95
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02.02.2010
- Starkes Absatzergebnis bei Husqvarna Motorcycles. Trotz eines sehr schwierigen Marktumfelds, geprägt von der globalen Finanz- und Wirtschaftskrise, kann BMW Motorrad auf ein erfolgreiches Jahr 2009 zurückblicken. So wurden im vergangenen Jahr 87.306 (Vj.: 101.685) BMW Motorräder an Kunden ausgeliefert, was einem vergleichsweis
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02.02.2010
* Umbrella agreement signed for global automotive insurance partnership * Allianz to become exclusive partner for automotive insurance business in Italy
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02.02.2010
Rationalisierungspaket und günstige Rohstoffpreise greifen Dem japanischen Unternehmen YOKOHAMA gelang es, den Nettogewinn in den ersten drei Quartalen des aktuellen Geschäftsjahres deutlich zu steigern. Zum Stichtag, 31. Dezember 2009, lag er bei 9 Milliarden Yen (71,5 Mio. €), was nahezu dem 40-Fachen des entsprechenden Vorjahreszeitraums entspricht
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02.02.2010
Spyker yesterday provided details on how it intends to fund the USD1 billion required to return Saab to profitability. Following incorrect reports in the media, Spyker hereby clarifies again that the funding for this USD1 billion is in place, as follows: $326M redeemable preference shares to be issued by Saab to GM $556M EIB loan (securing this loan is a condi
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29.01.2010
Wechsel im Aufsichtsrat der Porsche SEDie Hauptversammlung der Porsche Automobil Holding SE, Stuttgart, hat an diesem Freitag Seine Exzellenz Scheich Jassim Bin Abdulaziz Bin Jassim Al-Thani (31) als Vertreter der Qatar Holding LLC, Doha, in den Aufsichtsrat des Unternehmens gewählt. Er nimmt den Sitz des bisherigen Aufsichtsratsmitglieds Hans-
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