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Top Story: Porsche AG reorganises its supervisory board |
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| Sports car manufacturer welcomes three new supervisory board members • Micaela le Divelec Lemmi, Melissa Di Donato Roos and Hauke Stars take on mandates on the Supervisory Board of Porsche AG• Arno Antlitz and Hauke Stars are now members of the Supervisory Board's Executive Committee• The Executive Committee will be reduced by two to six membersThe supervisory board of Porsche AG has been reorganised. This was announ more > cellspacing="1"> |
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23.09.2022
Finance: Porsche AG reorganises its supervisory boardSports car manufacturer welcomes three new supervisory board members • Micaela le Divelec Lemmi, Melissa Di Donato Roos and Hauke Stars take on mandates on the Supervisory Boar mehr >> |
20.09.2022
Finance: Stellantis Invests in Italian Industrial Footprint Transformation to Develop Sustainable ActivityInvesting in Mirafiori Complex for electric transmission production and circular economy business Upgrading existing facility with joint venture partner, Punch Powertrain, for new electrified transmissions facility, expected in second half of 2024 Building leading Circular Economy Hub mehr >> |
15.09.2022
Finance: Manfred Döss appointed Chairman of the Supervisory Board of AUDI AGManfred Döss unanimously elected to succeed Herbert Diess at today’s Supervisory Board meeting The legal expert has been a Member of the Supervisory Board of AUDI AG since September 2, and will ta mehr >> |
14.09.2022
Finance: Stellantis and General Motors to Execute a Share Repurchase TransactionStellantis N.V. and General Motors Holdings LLC, a subsidiary of General Motors Company (“GM”) have executed a share repurchase agreement (“SRA”) related to the 69.1 million common shares in Stellantis, representing approximately 2.2% of Stellantis’ share capi mehr >> |
12.09.2022
Finance: Stellantis invest in Africar Group to create Auto24, African used vehicle start-up• Auto24, new subsidiary of Africar Group, launches its activities in Ivory Coast• Africar Group is a class leading and multi country digital automotive marketplace across Sub-Saharan Africa• Stellantis investment aims at accelerating its used vehicle (UV) business on the buoyant Afr mehr >> |
31.08.2022
Finance: Volkswagen B-BBEE Initiatives Trust welcomes new CEO• Neeraj Kessery appointed as CEO from 1 August 2022• Kessery has served as a Trustee since February 2020Volkswagen Group South Africa (VWSA) has welcomed Neeraj Kessery to the position of mehr >> |
26.08.2022
Finance: Mecobit Begins New Period in Photo voltaic Powered Cryptocurrency MiningMecobit Photo voltaic, a world firm with an emphasis on high-quality photo voltaic at an inexpensive worth, proclaims product enhancements to its Photo voltaic System merchandise that energy cryptocurrency miners and different current miners. mehr >> |
26.08.2022
Finance: Lawrence Hamilton appointed Managing Director at Genesis Motor EuropeGenesis has announced the appointment of Lawrence Hamilton as its Managing Director at Genesis Motor Europe, effective September 1, 2022. The appointment follows Dominique Boesch’s decision to leave the company to pursue a new business opportunity. mehr >> |
03.08.2022
Finance: Profitable first half-year - BMW Group stays on course in difficult environmentIn a highly volatile environment, the BMW Group remained on course in the first half of 2022. With flexibility and expertise, the company encountered challenges including continued supply chain disruptions and bottlenecks for semiconductors and specific supplier parts. mehr >> |
02.08.2022
Finance: American Honda July Sales Continue to Reflect Strong Demand and Limited InventoryAmerican Honda July sales top 71,000 units, as strong retail demand continues despite supply chain and logistics constraints Honda and Acura brands see unprecedented high turn rates mehr >> |
02.08.2022
Finance: Lamborghini: the best half-year results everAutomobili Lamborghini has continued its positive trend from the start of the year and set a new record, concluding its best six months ever to the end of June 2022 in terms of sales, turnover and profitability. Global del mehr >> |
01.08.2022
Finance: Kia announces July 2022 global sales resultsJuly global sales at 257,903 units, up 6.3% y/y Sales outside of Korea recorded 206,548 units, up 6.2% y/y Sales in Korea recorded 51,355 units, up 6.6% y/y Kia to continue creating sales momentum and enhancing profitability through new models, such as the mehr >> |
28.07.2022
Finance: Porsche increases sales revenue, operating profit and return on salesHalf-year results: 17.92 billion euros in sales revenue and 19.4 per cent return on salesStrong increase in the first half of the year: Porsche AG significantly increased its sales revenue and operating profit in the first six months of 2022 – to 17.92 billion mehr >> |
28.07.2022
Finance: Stellantis Posts Record First Half 2022 Results....with 14.1% AOI Margin(1), €8.0 Billion Net Profit and €5.3 Billion Industrial Free Cash Flows(2); Global BEV Sales Up Nearly 50%, Among Leaders in EU30 BEV Sales Net revenues of €88.0 billion, up 17% compared to H1 2021 Pro F mehr >> |
28.07.2022
Finance: Brembo: Extraordinary growth in H1 2022Revenues at €1,746.5 million, +28.3% vs H1 2021; EBITDA and EBIT up 13%; net profit at +17.3%Compared to H1 2021: Revenues at €1,746.5 million (+28.3%); +19.3% on a like-for-like exchange r mehr >> |
22.07.2022
Finance: Generation change in the Volkswagen GroupOliver Blume follows Herbert Diess as Chairman of the Board of Management of the Volkswagen Group and remains Chairman of the Board of Management of Porsche AG • Oliver Blume to take over additional Group position mehr >> |
22.07.2022
Finance: Kia announces 2Q 2022 business results2Q revenue at KRW 21.88 trillion, up 19% year-on-year 2Q operating profit at KRW 2.23 trillion, up 50% year-on-year with an operating profit margin of 10.2% 2Q net profit recorded KRW 1.88 trillion, up 40% year-on-year 2Q all-electric model sales nearly do mehr >> |
19.07.2022
Finance: TAE Technologies Exceeds Fusion Reactor Performance Goals By 250%...As Company Closes $250 Million Financing Round, Totaling $1.2 Billion To Date Following scientific milestones with current fusion reactor, Norman, TAE receives investments from long-term partner Googl mehr >> |
16.07.2022
Finance: Porsche posts 145,860 deliveries in first half-yearPorsche has sustained strong delivery figures in the first half of 2022, despite a number of challenges. Overall, the sports car manufacturer delivered 145,860 vehicles to customers around the world between January and June, a decline of 5 per cent over the previous year. mehr >> |
13.07.2022
Finance: Sales results: Alpine continues to grow in the first half of 2022Alpine sales increased by more than 70% in the first semester of 2022 after an already record growth of 74% in 2021. With the opening of new markets and a rapidly growing network, Alpine continues its international expansion. Alpine enjoyed an eventful first semester of 2022 with a new A110 mehr >> |
08.07.2022
Finance: BMW Group doubles global sales of fully-electric vehicles in first half-yearAt the forefront of electromobility: - Group half-year sales reach 1,160,443 units - 75,891 all-electric BMW and MINI vehicles sold - BMW Group expands market leadership of premium segment - Pieter Nota: “BMW brand number one worldwide in premium automotive segment in first half-year” mehr >> |
02.07.2022
Finance: Thomas Schäfer named new Chairman of the SEAT S.A. Board of DirectorsThomas Schäfer, CEO of Volkswagen brand, is appointed Chairman of the SEAT S.A. Board of Directors Alongside President of the Executive Committee, Wayne Griffiths, Schäfer will drive CUPRA growth and position Spain as EV Hub in Europe mehr >> |
13.06.2022
Finance: Alpine management appointmentsStarting on 1st July 2022, Emmanuel Al Nawakil will join Alpine as Vice President, Sales and Operations.On the same day, David Gendry, in addition to his current responsibilities a mehr >> |
07.06.2022
Finance: Porsche and UP.Labs plan to build tailormade startupsSports car manufacturer strives to create new companies that support its core businessPorsche is expanding its venturing network by collaborating with UP.Labs, a new model for fostering innovative startups. The Stuttgart-based sports car manufacturer h mehr >> |
07.06.2022
Finance: Goodyear to participate in Deutsche Bank's Global Auto Industry ConferenceThe Goodyear Tire & Rubber Company said today it will participate in a fireside chat during Deutsche Bank’s Global Auto Industry Conference on June 14, 2022, at 10:15 a.m. EDT.Emmanuel Ro mehr >> |
02.06.2022
Finance: Porsche participates in further Rimac funding roundSports car manufacturer invests an eight-figure sumTaycan Turbo S Sport Turismo: Electrical consumption combined: 26,3 kWh/100 km (NEDC); 24,0 – 22,5 kWh/100 km (WLTP); CO2 emissions combined: 0 g/km (NEDC); 0 g/km (WLTP); Electric mehr >> |
01.06.2022
Finance: MG surpasses previous annual car sales in first five months of 2022MG Motor UK surpasses previous annual sales figure in just five months, with 18,800 new vehicles registered so farRecord sales figures reflect the brand’s upward trajectory in the UKAffordable, value-driven range of petrol, hy mehr >> |
11.05.2022
Finance: Automobili Lamborghini’s growth continuesTurnover and Operating Profit up in Q1 2022Following on from an incredibly successful 2021, in which Automobili Lamborghini recorded its best-ever performance in terms of turnover and profitability, the first quarter of 2022 closed with continuing growth in mehr >> |
05.05.2022
Finance: Porsche increases sales revenue and operating profitReturn on sales in first quarter grows to 18.2 per centPorsche AG demonstrated a robust performance at the start of the year. In the first three months of 2022, the company increased both its sales revenue and its operating profit compared to the first quarter mehr >> |
05.05.2022
Finance: Audi Group closes strong first quarterCFO Rittersberger: “Premium brand group decisively responding to current challenges.” Record first-quarter operating profit and operating return on sales of 24.3 percent also thanks to support from raw material hedging transactions Lamborghini, Bentley, and mehr >> |
05.05.2022
Finance: BMW Group - Strong increase in earnings and margin following full consolidation of China joint ventureZipse: “Strength and resilience of BMW Group particularly evident in challenging environment” - Group EBT rises to € 12.2 billion - Free cash flow of € 4.8 billion in auto segment - BEV sales increased by almost 150% - Guidance confirmed despite high volatility mehr >> |
05.05.2022
Finance: Stellantis Reports 12% Increase in Q1 2022 Net RevenuesFirst Quarter 2022 Shipments and RevenuesFull-Year Guidance Confirmed • Net revenues of €41.5 billion, up 12% compared to €37.0 billion for Q1 2021 Pro Forma(1) reflecting strong pricing and veh mehr >> |
04.05.2022
Finance: Volkswagen improves cost efficiency and economic efficiency in a tough environmentFirst quarter of 2022: operating result increases to EUR 513 million Operating return on sales rises to 3.4 percent Electric mobility strategy on track: 74 percent more all-electric cars delivered Demand remains high – backlog of orders at all-time high mehr >> |
04.05.2022
Finance: American Honda April Sales Limited by Supply ConstraintsAmerican Honda April sales top 93,000 units, despite difficult supply constraints HR-V scored a 15th straight monthly sales record, with sales of 13,785 units Honda passen mehr >> |
03.05.2022
Finance: BMW Group and Mercedes-Benz Mobility intend to sell their car-sharing joint venture SHARE NOW to StellantisTwo strong pillars: BMW Group and Mercedes-Benz Mobility further develop mobility joint ventures in a targeted manner- Strengthening multi-mobility: FREE NOW as the leading multi-mobility app in Europe will continue to grow- The joint venture for electric charg mehr >> |
03.05.2022
Finance: Kia announces April 2022 global sales resultsApril global sales at 238,538 units, down 5.8% y/y Sales outside of Korea recorded 188,443 units, down 6.8% y/y Sales in Korea recorded 50,095 units, down 2.0% y/y Kia to continue creating sales momentum and enhancing profitability through new models, such as the Kia EV6 mehr >> |
27.04.2022
Finance: Venture capital deals value in advanced batteries skyrocket 850% YoY in 2021, finds GlobalDataAdvanced batteries, which are sophisticated versions with superior properties, are grabbing attention in accelerating the commercialization of electric vehicles (EVs). Against the backdrop, the value of venture capital (VC) deals in advanced batteries shot up by 850% year-on-year (YoY) in 2021 with focus on lithium chemistries, reveals GlobalData, a leading data and analytics company. mehr >> |
26.04.2022
Finance: Goodyear South Africa appoints new Managing DirectorRichard Fourie is appointed to the helm in Goodyear South AfricaGoodyear South Africa has appointed Richard Fourie to the position of Managing Director effective from April 2022. Richard takes over from Piotr Czyzyk who led the company for two years.With over 25 years of management and leadership experience from variou mehr >> |
15.04.2022
Finance: Ducati continues its growth trend, record first quarter 202213,450 motorcycles delivered to passionate customers worldwide during the first three months of 2022, up by 5% compared to 2021 Italy is again the leading market for Ducati with 2,544 motorcycles mehr >> |
14.04.2022
Finance: Tesla boss Elon Musk wants to take over TwitterElon Musk, the boss of electric car manufacturer Tesla, announced on Thursday (14.4.) an offer to buy all the shares of the short news service Twitter. He holds just over nine per cent so far.Tesla boss Elon Musk is launching a spectacular t mehr >> |
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