Top Story: Strong deliveries for Volkswagen Group in October

12.2 percent rise in worldwide deliveries in October to 949,800 vehicles  Market shares expanded in all core regions, in some cases quite substantially  Significant increase of 6.6 percent in China despite shrinking overall market  Further strong rises in Europe (+25.5 percent) and Germany (+41.5 percent) following a weaker performance in October 2018 as a result of WLTP  8.96 million vehicles delivered from January to October (-0.2 percent) The Volkswagen Group delivered 949 mehr >>

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Strong deliveries for Volkswagen Group in October 19.11.2019

Finance: Strong deliveries for Volkswagen Group in October

12.2 percent rise in worldwide deliveries in October to 949,800 vehicles  Market shares expanded in all core regions, in some cases quite substantially  Significant increase of 6.6 percent in China despite shrinking overall mehr >>

Volkswagen confirms strategic financial targets of Together 2025+ 18.11.2019

Finance: Volkswagen confirms strategic financial targets of Together 2025+

Strategic financial targets for operating return on sales, return on investment, capex ratio and R&D cost ratio, net cashflow and net liquidity confirmed  Outlook for the current fiscal year 2019 confirmed mehr >>

Markus Duesmann to be new Audi CEO 15.11.2019

Finance: Markus Duesmann to be new Audi CEO

Markus Duesmann to succeed Bram Schot on April 1, 2020        Supervisory Board Chairman Dr. Diess: “Markus Duesmann will do everything in his power to leverage the great potential of the Audi brand” / “Thank you t mehr >>

Volkswagen investing strongly in the future 15.11.2019

Finance: Volkswagen investing strongly in the future

Planned investments and development costs for future areas such as hybridization, electric mobility and digitalization will total roughly EUR 60 billion between 2020 and 2024  Share of planned spend for future topics increased in Planning Round 68 to approximately 40 percent from approximately 30 percent in the previous Planning Round mehr >>

Daimler cuts costs and sets course for the future 15.11.2019

Finance: Daimler cuts costs and sets course for the future

   Automobile company focuses on sustainable business strategy    Long-term growth drivers for Daimler continue to be individual mobility and transport of goods and people    Profitability impacted by CO2 reduction and transformation of automotive industry    Comprehensive measur mehr >>

SKODA delivers 105,300 vehicles in October 14.11.2019

Finance: SKODA delivers 105,300 vehicles in October

ŠKODA delivered 105,300 vehicles in October, up 5.9% on the same month last year (October 2018: 99,400 vehicles). In Russia, deliveries to customers increased by 16.9% to 8,900 vehicles (October 2018: 7,600 vehicles). mehr >>

Volkswagen Passenger Cars grows deliveries in October 14.11.2019

Finance: Volkswagen Passenger Cars grows deliveries in October

    Volkswagen brand delivers 562,200 vehicles worldwide in October, a strong increase of 8.8 percent compared with the same month last year    Volkswagen records growth in worldwide deliveries as well as in China and Brazil despite shrinking overall markets, and makes significant gains in market shares    mehr >>

Goldman Sachs tops GlobalData’s top 10 global M&A financial advisers league table in automotive sector 13.11.2019

Finance: Goldman Sachs tops GlobalData’s top 10 global M&A financial advisers league table in automotive sector

....for Q1-Q3 2019Goldman Sachs has dominated the latest mergers and acquisitions (M&A) league table of the top 10 financial advisers for the automotive sector based on deal value in the first three quarters (Q1-Q3) of 2019, according to GlobalData, a leading data and analytics company. mehr >>

13.11.2019

Finance: Nissan contributes € 233 million for third quarter 2019 to Renault’s earnings

Nissan released its results for the second quarter of fiscal year 2019/2020 (April 1st, 2019 to March 31th, 2020).  Nissan’s results, published in Japanese accounting standards, for the second quarter of fiscal year 2019/2020 (July 1st to September 30th, 2019), after IFRS restatements, will have a positive contribution to Renault’s third quarter 2019 net mehr >>

12.11.2019

Finance: Nissan's latest results underline scale of recovery challenge ahead, says GlobalData

Following the release of Nissan’s financial results (12 November 2019), where the company has reported quarterly operating profits are down 70% on last year;David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view:"The latest set of results from Nissan underlines the scale of the recovery cha mehr >>

Isuzu Motors of Japan confirms investment in the next generation bakkie programme for South Africa 11.11.2019

Finance: Isuzu Motors of Japan confirms investment in the next generation bakkie programme for South Africa

Photo caption: Minister Ebrahim Patel, left shakes hands with Michael Sacke, Isuzu Motors South Africa Chief Executive Officer and Managing Director at a recent vis mehr >>

Audi increases deliveries in October by 26.8 percent to around 149,150 cars 08.11.2019

Finance: Audi increases deliveries in October by 26.8 percent to around 149,150 cars

Growth in all three core regions        China, up 6.0 percent, continues to set records        Hildegard Wortmann, Member of the Board of Management for Sales and Marketing: “Deliver mehr >>

Pierre Martin Bos appointed as FCA South Africa CEO 07.11.2019

Finance: Pierre Martin Bos appointed as FCA South Africa CEO

Fiat Chrysler Automobiles (FCA) is pleased to announce the appointment of Pierre Martin Bos as Chief Executive Officer for South Africa. Out-going CEO, Graham Eagle will leave his position on 15 November mehr >>

Global corporate sports sponsoring market reaches over USD 30 bn 07.11.2019

Finance: Global corporate sports sponsoring market reaches over USD 30 bn

...with just a share of 7% at female sports The total market volume of direct corporate financial sports sponsoring is at USD 30.87 bn with 93% of this funding is directed at the male sport industry. Thi mehr >>

Mercedes-Benz continues worldwide growth in unit sales at the beginning of fourth quarter 07.11.2019

Finance: Mercedes-Benz continues worldwide growth in unit sales at the beginning of fourth quarter

    Last month, Mercedes-Benz surpassed its previous bestselling October with deliveries of 199,293 cars (+4.9%).    From January to October, a total of 1,924,536 vehicles were sold and worldwide deliveries increased by 1.0% compared with the same period of last year.    In China, the biggest market for Mer mehr >>

BMW Group increases deliveries, revenues and earnings 06.11.2019

Finance: BMW Group increases deliveries, revenues and earnings

Deliveries and market share up, despite weak market trend - EBIT and free cash flow rise significantly in third quarter - High upfront expenditure for future-oriented technologies - Outlook for financial year 2019 reaffirmed - Zipse: “The decisive transformation is taking place inside the vehicle” mehr >>

SKODA AUTO increases sales revenue and operating profit in first nine months of 2019 04.11.2019

Finance: SKODA AUTO increases sales revenue and operating profit in first nine months of 2019

› By the end of September, sales revenue had increased by 17.6% compared to the same period last year to 14.8 billion euros. This includes the new consolidation of the Indian business› Operating profit is 8.5% above the previous year’s level at 1.175 billion euros› 913,700 vehicles delivered in the first nine months; -2.7% d mehr >>

Daimler launches new corporate structure 04.11.2019

Finance: Daimler launches new corporate structure

    Daimler Group comprising parent company and three operating subsidiaries    Increased customer focus and agility with Mercedes-Benz AG, Daimler Truck AG and Daimler Mobility AG    Daiml mehr >>

Kia Motors posts global sales of 248,752 units in October 01.11.2019

Finance: Kia Motors posts global sales of 248,752 units in October

Kia Motors Corporation announced today that it sold 248,752 vehicles around the world in October, compared to 250,680 units sold in the same period last year. Best-selling model for the month was the Sportage SUV, with 41,707 units sold worldwide. Sales in Korea rose 2.3 percent fro mehr >>

Groupe PSA and FCA plan to join forces to build a world leader for a new era in sustainable mobility 31.10.2019

Finance: Groupe PSA and FCA plan to join forces to build a world leader for a new era in sustainable mobility

Discussions have opened a path to the creation of a new group with global scale and resources owned 50% by Groupe PSA shareholders and 50% by FCA shareholders. In a rapidly changing environment, with new challenges in connected, electrified, shared and autonomous mobility, the combined entity would leverage its strong global R&D footprint and ecosystem to foster innovation and meet mehr >>

Mitsubishi Motors Announces Production, Sales and Export Figures for September 2019 and First Half of Fiscal 2019 30.10.2019

Finance: Mitsubishi Motors Announces Production, Sales and Export Figures for September 2019 and First Half of Fiscal 2019

September 2019     Fiscal Year 2019 (19/04-19/09)     Calendar Year 2019 (19/01-19/09) Volume     YoY(%)     Volume     YoY(%)     Volume   &nb mehr >>

Volkswagen increases sales revenue and profit 30.10.2019

Finance: Volkswagen increases sales revenue and profit

Group sales revenue up by 6.9 percent to EUR 186.6 billion  Operating profit before special items increases by EUR 1.5 billion to EUR 14.8 billion; improvements especially in the mix and EUR 0.5 billion from fair value on derivatives  Operatin mehr >>

Clarification of Groupe PSA 30.10.2019

Finance: Clarification of Groupe PSA

Following recent reports on a possible business combination between Groupe PSA and FCA Group, Groupe PSA confirms there are ongoing discussions aiming at creating one of the world‘s leading automotive Groups.         &nbs mehr >>

30.10.2019

Finance: Porsche invests in Israeli start-up Tactile Mobility

Improved options for analysis of vehicle status and road conditionsPorsche is intensifying its collaboration with Israeli technology company Tactile Mobility with a minority investment. The company is one of the leaders in the field of “tactile data” and is based in Haifa. In addition to Porsche, Union Tech Ventures and existing investors are mehr >>

30.10.2019

Finance: BMW i Ventures Announces Investment in CelLink

BMW i Ventures announced an investment in CelLink, a San Carlos, CA-based manufacturer of flexible circuit technology that delivers high-conductance, large-area, lightweight, and low-cost flexible circuits through a proprietary combination of manufacturing processes, designs, and materials.  The new funding is aimed at ramping up production of large-area flexible circuits for power and dat mehr >>

29.10.2019

Finance: TRATON and Hino establish a procurement joint venture

 Procurement joint venture “HINO & TRATON Global Procurement GmbH” established as concretion of 2018 Strategic Cooperation Framework Agreement  Hino President & CEO Yoshio Shimo: “Provide best products to customers through enhanced global optimum procurement capability”  TRATON CEO Andreas Renschler mehr >>

Global demand for Rolls-Royce Bespoke reaches all time high 22.10.2019

Finance: Global demand for Rolls-Royce Bespoke reaches all time high

    Global demand for Rolls-Royce Bespoke reaches unprecedented new levels    Rolls-Royce Bespoke Collective demonstrates extraordinary skill in interpreting global taste patterns    As record numbers of exceptional handcrafted vehicles leave the Home of Rolls-Royce in Goodwood, West Sussex, three Phantoms mehr >>

Groupe Renault revises its guidance for FY2019 and pre-announces its Q3 revenues 18.10.2019

Finance: Groupe Renault revises its guidance for FY2019 and pre-announces its Q3 revenues

Due to an economic environment less favorable than expected and in a regulatory context requiring ever-increasing costs, Groupe Renault revises its guidance for FY2019.•             Published Grou mehr >>

IMF: Big tech and the future of Finance 17.10.2019

Finance: IMF: Big tech and the future of Finance

Experts gathered at the International Monetary Fund on Wednesday for a discussion titled “Big Tech and the Future of Finance.” A panel of business, technology and thought leaders discussed opportunities and challenges of technology in mehr >>

IMF Fiscal Monitor 17.10.2019

Finance: IMF Fiscal Monitor

The IMF is warning that a ‘synchronized downturn’ in global growth may mean countries need to be prepared for coordinated action, the Fund’s Director of the Fiscal Affairs Department, Vitor Gaspar said at the launch of the Fiscal Monitor report Wednesday in Washington.  mehr >>

China's vehicle market heading for another decline in 2019, says GlobalData 16.10.2019

Finance: China's vehicle market heading for another decline in 2019, says GlobalData

  September's China vehicle market was the 15th consecutive monthly decline in China, the world's largest and it's a growing concern for the global automotive sector,David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his mehr >>

IMF Global Financial Stability Report 16.10.2019

Finance: IMF Global Financial Stability Report

The IMF sees the global economy in a ‘synchronized downswing’ and financial markets need to act now to head off the growing risk, the Fund’s Financial Counselor Tobias Adrian says ahead of the launch of the Global Financial Stability Report (GFSR).  mehr >>

IMF World Econonic Outlook 15.10.2019

Finance: IMF World Econonic Outlook

The IMF’s latest World Economic Outlook (WEO) sees the global economy in a “synchronized slowdown” and weakened by rising trade barriers and increasing geopolitical tensions. “The global outlook remains precarious, with a sync mehr >>

New production record for Automobili Lamborghini 14.10.2019

Finance: New production record for Automobili Lamborghini

... in five years Lamborghini Huracán surpasses Gallardo production of ten years In just five years of production Lamborghini Huracán number 14,022 rolls off the assembly line, marking a production milestone for the V10 mo mehr >>

Toyota Corolla, Lexus UX and hybrid sales lift Toyota to 5.3% market share in Europe 14.10.2019

Finance: Toyota Corolla, Lexus UX and hybrid sales lift Toyota to 5.3% market share in Europe

..., with 838,000 vehicle sales January to September    With a year-on-year rise of 16%, demand for Hybrid Electric models continues to propel TME sales in the first nine months of 2019, increasing TME share to 5.3% in Europe mehr >>

BMW Group sales growth increases further in September 11.10.2019

Finance: BMW Group sales growth increases further in September

BMW deliveries up 4.8% in September - BMW i3 sales climb 21.9% in first three quarters - Rolls-Royce brand maintains strong sales growth - Nota: “Model offensive having real impact also in luxury segment” mehr >>

Renault José Vicente de los Mozos biographie 11.10.2019

Finance: Renault José Vicente de los Mozos biographie

Born in 1962, José-Vicente de los Mozos is graduated from Polytechnic University of Madrid (aerospace engineering) and holds a Master degree in production technics (CESEM business school, Madrid) and an executive degree program from Stanford University. mehr >>

Renault Olivier Murguet biographie 11.10.2019

Finance: Renault Olivier Murguet biographie

Born in 1966, Olivier Murguet is graduated from ESCP-EUROPE Business School.He joined Renault in 1990, working for the Renault Portuguesa Control Division, and subsequently held different management positions at the Sales & Marketing Division mehr >>

Renault - Clotilde Delbos biographie 11.10.2019

Finance: Renault - Clotilde Delbos biographie

Born in 1967, Clotilde Delbos is graduated from EM Lyon.She began her career in California, then at Price Waterhouse in Paris before joining the Pechiney Group in 1992. She held various positions in France and in Brussels in Internal Audit, Treasu mehr >>

The Board of Directors of Renault met today to decide on the Group's governance. 11.10.2019

Finance: The Board of Directors of Renault met today to decide on the Group's governance.

  At this meeting, the Board of Directors decided to end the mandate of Mr Thierry Bolloré as Chief Executive Officer of Renault SA and President of Renault s.a.s with immediate effect.The Board of Directors also decided to a mehr >>

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