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Daimler sets its course for the future
26.09.2018
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- 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 more >> |
Williams Reports 2018 Interim Results
24.09.2018
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Williams Grand Prix Holdings PLC (WGPH, Ticker: WGF1) today announced the Group’s interim results for the six months to 30 June 2018. WGPH is the holding company of the Williams group of compa more >> |
Porsche in Central and Eastern Europe: Michael Müller succeeds Marcus Eckermann
20.09.2018
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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 more >> |
TRATON and Chinese Sinotruk significantly expand strategic partnership
18.09.2018
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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 more >> |
BMW i Ventures Announces Strategic Investment in Vera
31.08.2018
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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 more >> |
Volkswagen expands its engagement in Africa
31.08.2018
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- 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 more >> |
Transforming Transportation: Volkswagen Truck & Bus is now TRATON GROUP
30.08.2018
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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 more >> |
McLaren Automotive appoints Brett Soso a new regional director
28.08.2018
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... for the Middle East, Africa and Latin America Region more >> |
Rolls-Royce announces new President for Rolls-Royce Motor Cars North America
27.08.2018
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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 more >> |
Audi increases deliveries by 7.0 percent in July
09.08.2018
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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” more >> |
Lexus International releases 2018 mid-year sales report
08.08.2018
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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 more >> |
SEAT continues to break sales records
08.08.2018
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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 more >> |
Porsche increases revenue and operating result in the first half year
02.08.2018
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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 more >> |
A strong first half for the Volkswagen brand
02.08.2018
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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 more >> |
Groupe Renault sets a new operating margin record for a first half-year
27.07.2018
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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 more >> |
Groupe Renault HR Senior Management changes
26.07.2018
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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 more >> |
Groupe PSA: Sharp growth and record profitability
25.07.2018
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• 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•  more >> |
Daimler signs agreement on €11 billion credit line
25.07.2018
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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 more >> |
PSA Groupe - Worldwide sales up 38.1% in the first half of 2018
12.07.2018
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• 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 more >> |
Porsche has again delivered more vehicles in the first half of the year
12.07.2018
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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 more >> |
Audi and Huawei sign memorandum of understanding for strategic cooperation
11.07.2018
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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 more >> |
Hybrid drives continued sales growth for Lexus in Europe
10.07.2018
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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 more >> |
Audi sales grow by 4.5 percent in the first half of the year
10.07.2018
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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” more >> |
SEAT - Decisive boost to the globalisation strategy
09.07.2018
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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 more >> |
Acura RDX Snaps Multiple Sales Records Amidst 2019 Model Launch
03.07.2018
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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 more >> |
American Honda Sets New June Sales Records on Strength of Light Trucks
03.07.2018
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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 more >> |
Cesar Habib - new Rolls Royce Motor regional director Middle East and Africa
03.07.2018
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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 more >> |
SEAT to lead the Volkswagen Group’s expansion in North Africa
22.06.2018
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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 more >> |
Daimler adapts earnings expectations
21.06.2018
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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 more >> |
Abraham Schot takes over as interim Chairman of the Board of Management of Audi
19.06.2018
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...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 more >> |
RCI Bank and Services acquires an 75% majority interest in iCABBI
19.06.2018
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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 more >> |
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 >> |