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Mercedes-Benz Trucks to invest about 50 million euros in expansion of the Development and Test Center
15.06.2018
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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. more >> |
Rolls-Royce on a roll
14.06.2018
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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. more >> |
Alexander Pollich to be the new Managing Director of Porsche Deutschland
11.06.2018
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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 more >> |
SEAT closes the best month of May in its history
07.06.2018
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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 more >> |
Groundbreaking for first Mercedes Benz Full-Flex Plant in Hungary
05.06.2018
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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 more >> |
Groupe PSA’s Business Lab and Latin America Division partner with Cubo Itaú in Brazil
04.06.2018
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• 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 more >> |
Groupe PSA increases SUV production capacity in Europe
30.05.2018
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• 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 more >> |
Opel and IG Metall/Works Council Agree on Measures for Improved Competitiveness and Investments
29.05.2018
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• 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 more >> |
Porsche Aktionäre beschließen Erweiterung des Aufsichtsrats
15.05.2018
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- 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& more >> |
Wahl von Prof. Wolf zum Mitglied des Aufsichtsrats wird verschoben
14.05.2018
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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., more >> |
Nissan contributes € 478 million for first quarter 2018 to Renault's earnings
14.05.2018
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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 more >> |
Audi informs its shareholders about the company’s transformation
09.05.2018
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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 more >> |
Porsche SE: Matthias Müller legt Vorstandsmandat nieder
30.04.2018
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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 more >> |
SEAT to recruit 250 more employees as a result of increased production in the Martorell plant
30.04.2018
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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 more >> |
MIRICO Receives £1.58 Million Injection From Foresight Williams Technology EIS Fund
30.04.2018
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• Investment alongside £2 million from existing investors• Game-changing rugged gas analyser technology • The Fund supports di more >> |
Porsche opens a new Experience Centre in Shanghai
27.04.2018
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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. more >> |
Audi starts challenging year with successful first quarter
27.04.2018
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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 more >> |
Porsche increases revenue and operating result in the first quarter
27.04.2018
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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 more >> |
Extensive revision of Volkswagen Group management structure decided
13.04.2018
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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 more >> |
9,656 euro bonus and jubilee payment for Porsche employees
21.03.2018
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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 more >> |
BMW i Ventures Announces Investment in Blackmore Sensors and Analytics, Inc.
20.03.2018
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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 more >> |
Octo Telematics partners with RCI Bank and Services
20.03.2018
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.... 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 more >> |
Jens Puttfarcken takes over as Porsche President and Chief Executive Officer
20.03.2018
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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 more >> |
Porsche paves the way for the future with substantial investments
16.03.2018
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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 more >> |
Automobili Lamborghini crosses billion Euro turnover threshold
15.03.2018
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• 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 more >> |
Audi achieves robust performance in a challenging financial year 2017
15.03.2018
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..... 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   more >> |
Successful financial year 2017 for Volkswagen
15.03.2018
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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 more >> |
Mercedes-Benz Cars pushes electric initiative in South-East Asia with battery production in Thailand
14.03.2018
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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 more >> |
Volkswagen Group to expand production of electric vehicles worldwide
14.03.2018
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... 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 more >> |
Alliance Renault Nissan Mitsubishi leadership appointments to accelerate synergies
14.03.2018
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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 more >> |
ULI/PwC report: Global real estate industry remains strong
14.03.2018
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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® more >> |
SEAT Achieves the Highest Operating Profit in its History
14.03.2018
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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 more >> |
Audi profit-sharing bonus increases to €4,770
13.03.2018
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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 more >> |
Opel stärkt internationales Geschäft mit Fertigung in Namibia
12.03.2018
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• 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! more >> |
Audi sales continued to grow in February
12.03.2018
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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” more >> |
Porsche AG extends Albrecht Reimold’s contract by five years
12.03.2018
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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 more >> |
Porsche SE: Aufsichtsrat soll auf zehn Mitglieder erweitert werden
10.03.2018
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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 more >> |
Porsche SE: Dividendenvorschlag von 1,76 Euro je Vorzugsaktie
10.03.2018
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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. more >> |
Rolls-Royce Motor Cars announces new director of sales and marketing
08.03.2018
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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 more >> |