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Top Story: The notices convening the General Meetings of Peugeot S.A. shareholders on January 4, 2021 have been filed in the official bulletin of legal notices |
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| The Managing Board of Peugeot S.A. has decided to convene an Extraordinary General Meeting of shareholders on Monday January 4, 2021 at 11 a.m. in order to approve the merger transaction with Fiat Chrysler Automobiles N.V. (“FCA”).A special meeting of PSA shareholders holding double voting rights will also be held on Monday January 4, 2021 at 10 a.m. in order to deliberate on the operation.The agenda and the draft resolutions that will be submitted to the vote of the shareholders as mehr >> |
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23.11.2020
Finance: The notices convening the General Meetings of Peugeot S.A. shareholders on January 4, 2021 have been filed in the official bulletin of legal noticesThe Managing Board of Peugeot S.A. has decided to convene an Extraordinary General Meeting of shareholders on Monday January 4, 2021 at 11 a.m. in order to approve the merger transaction with Fiat Chrysler Automobiles N.V. (“FCA”).A special meeting o mehr >> |
20.11.2020
Finance: Approval of the prospectus relating to the listing of Stellantis sharesGroupe PSA and Fiat Chrysler Automobiles N.V. (“FCA”) (NYSE: FCAU / MTA: FCA) announced today that the Netherlands authority for the financial markets (Autoriteit Financiële Markten) has approved their prospectus relating to the admission to listing and trading in mehr >> |
18.11.2020
Finance: Stephan Winkelmann named new President and CEO of Automobili LamborghiniStephan Winkelmann returns to Automobili Lamborghini He will also remain President of Bugatti Winkelmann succeeds Stefano Domenicali mehr >> |
12.11.2020
Finance: Nissan contributes - € 30 million for third quarter 2020 to Renault’s earningsNissan released today its results for the second quarter of fiscal year 2020/2021 (April 1st, 2020 to March 31th, 2021).Nissan’s results, published in Japanese accounting standards, for the second quarter of fiscal year 2020/2021 (July 1st to September 30t mehr >> |
11.11.2020
Finance: UK auto counts £735 Million cost of Brexit preparation with final plea for zero-tariff trade deal as negotiations enter endgameUK auto industry issues last plea for UK-EU negotiators to agree a zero-tariff trade deal as talks enter the final stretch. New SMMT survey reveals at least £735 million cost to industry of preparing for Brexit so far, with more than £235 million spent in 2020 alone. Sector doing mehr >> |
11.11.2020
Finance: UK used car market bounces back 4.4% in third quarter as more than 2 million change handsUK used car transactions grow 4.4% in Q3 as showrooms re-open, with 2,168,599 vehicles changing hands. Growth recorded in each month of the quarter, with September plate-change driving highest increase of 6.3%. Demand lifts across all fuel types, with biggest percentage growth enjoyed by electric ve mehr >> |
10.11.2020
Finance: Harris Williams Advises Highline Aftermarket Holdings, LLC on its Sale to Pritzker Private CapitalHarris Williams, a global investment bank specializing in M&A advisory services, announces that it advised Highline Aftermarket Holdings, LLC (Highline), a portfolio company of The Sterling Group (Sterling), on its sale to Pritzker Private Capital (PPC). mehr >> |
05.11.2020
Finance: Dutch funding set to boost UNCTAD’s work on e-commerce and the digital economyAfrican e-commerce ambitions lifted by Dutch funding Generous grant from the Netherlands will boost Africa-wide ambitions to benefit from e-commerce and provides concrete support to its least developed countries.Digita mehr >> |
04.11.2020
Finance: BMW Group confirms outlook for 2020 – significantly improved performance in third quarterZipse: “Third-quarter performance underlines BMW Group’s operational strength” - Peter: “We are in an intense cost competition” - Profit before tax in Q3 rises to approximately € 2.5 billion - Return on sales of 9.4% in Q3 - Free cash flow in Q3 exceeds € 3 billion - EBIT marg mehr >> |
03.11.2020
Finance: American Honda Reports October Sales ResultsSales of Acura cars increased 9.1% in October, fueled primarily by robust sales of the TLX (up 8.1%) as the all-new 2021 model completed its first full month on the market Honda Passport sa mehr >> |
03.11.2020
Finance: NIO Inc. Provides October 2020 Delivery UpdateCompany Achieved New Record-High Monthly Deliveries • NIO delivered 5,055 vehicles in October 2020, increasing by 100.1% year-over-year • NIO delivered 31, mehr >> |
02.11.2020
Finance: Kia Motors announces October global salesOctober global sales at 265,714 units, up 6.1% y/y Korea sales increased 1.8% to 48,009 units Sales outside of Korea climbed 7% to 217,705 units Kia expects strong sales momentum t mehr >> |
31.10.2020
Finance: Goodyear Reports Third Quarter 2020 Results– Volume improved throughout the third quarter; total unit volume down 9% versus 2019– Third quarter working capital significantly better than expected; source of cash for the quarter– Cash and liquidity position maintained; $4.2 billion available at quarter end– Strong net cost savings in the third quarter, including ben mehr >> |
30.10.2020
Finance: Skoda Auto achieves operating profit of 469 million euros in first three quarters of 2020ŠKODA AUTO delivers 721,900 vehicles to customers worldwide from January to September despite the coronavirus pandemic ŠKODA AUTO Group* sales revenue exceeds 12 billion euros in the first three quarters, with a return on sales of 3.9% Clearly positive operating profit of 469 million mehr >> |
30.10.2020
Finance: Ducati records the best third quarter ever despite the complex global situationThe third quarter closed with 14,694 total motorcycles delivered worldwide A total of 4,468 motorcycles were delivered in September, of which the Panigale, Ducati Scrambler and Mul mehr >> |
30.10.2020
Finance: Harris Williams Advises Parts Authority on its Sale of a Majority Interest to Kohlberg & Company, LLCHarris Williams, a global investment bank specializing in M&A advisory services, announces that it advised Parts Authority, a portfolio company of The Jordan Company (TJC), on its sale to Kohlberg & Company, LLC (Kohlberg). Parts Authority is a mehr >> |
30.10.2020
Finance: Volkswagen brand recovers from Covid-19 slump in third quarter and confirms outlookThird-quarter deliveries almost on a level with previous year; year-to-date decline of 18.6 percent Sales revenue of EUR 47.2 billion in the first nine months; rate of year-on-year decline has narrowed to –27.9 percent after three quarters Return to profitable territory in third quarter, nine-month operating result before special ite mehr >> |
30.10.2020
Finance: Audi Group achieves breakeven thanks to strong third quarter - reportStrong third quarter: deliveries and revenue up year-on-year, operating profit clearly positive First nine months: 1.2 million Audi brand vehicles delivered, revenue of €33.3 mehr >> |
30.10.2020
Finance: Porsche records operating result of two billion eurosSuccess in uncertain times: 10.4 percent return on sales In the first three quarters of 2020, Porsche generated an operating result of 2.0 billion euros despite the worldwide coronavirus pandemic. With revenue of 19.4 billion euros, mehr >> |
30.10.2020
Finance: UK Car production falls -5.0% in worst September since 1995... as industry issues plea for vital Brexit deal UK car manufacturing output falls -5.0% in September to 114,732 units – the lowest level for 25 years. Exports decline -9.7% to 8 mehr >> |
30.10.2020
Finance: British engine production declines -2,4% in weakest September since 2014UK ENGINE MANUFACTURING data for September 2020 216,643 UK engines built in September as output declines -2.4%, marking worst September since 2014 1. Production for domestic and overseas markets fal mehr >> |
29.10.2020
Finance: MITSUBISHI MOTORS Announces Production, Sales and Export Figures for September 2020 and First Half of Fiscal 2020September 2020 Fiscal Year 2020 (20/4-20/9) Calendar Year 2020 (20/1-20/9) Volume(unit) YoY(%) Volume(unit) YoY(%) Volume(unit) YoY(%) mehr >> |
29.10.2020
Finance: Groupe PSA announces the successful completion of the sale of part of its stake in FaureciaGroupe PSA announces the successful completion of the sale of part of its stake in Faurecia IMPORTANT NOTICE By reading the following communi mehr >> |
28.10.2020
Finance: Groupe PSA announces the launch of the sale of part of its stake in FaureciaPeugeot S.A. (“Groupe PSA”) launches today the sale of 9,663,000 Faurecia shares, representing approximately 7% of Faurecia’s share capital, further to the press release published by Groupe PSA earlier today relating to the merger process between Fiat Chrysler Automobiles N.V. (“FCA”) and Groupe PSA. mehr >> |
28.10.2020
Finance: FCA and Groupe PSA Boards note continued progress towards merger completion and agree additional steps...including in respect of Faurecia stake distribution to Stellantis shareholders Fiat Chrysler Automobiles N.V. (" FCA ") (NYSE : FCAU/MTA : FCA) and Peugeot S.A. (“Groupe PSA”) continue to advance towards the completion of their proposed combination mehr >> |
28.10.2020
Finance: Groupe PSA Q3 2020 Auto revenue: back to growth• Automotive division[1] revenue up 1.2% at €12 billion driven by a recurring strong product mix and pricing policy;• Group revenue down 0.8% at €15.5 billion;• Success of recent launches with an increasing mix of electrified versions contributing to CO2 leadership;&b mehr >> |
27.10.2020
Finance: UNCTAD - Global foreign direct investment falls 49%, outlook remains negativeThe biggest drops occurred in developed countries, cutting across all major forms of foreign direct investment. Global foreign direct investment (FDI) flows fell 49% in the first half of 2020 compared to 2019, mehr >> |
26.10.2020
Finance: Lexus records one million sales in EuropeLandmark achievement falls in Lexus’ 30th anniversary year in Europe* Brand debuted with a single model in 1990 Today’s success founded on self-charging hybrid electric power, distinctive styling and industry-leading customer care and service mehr >> |
26.10.2020
Finance: Kia Motors announces Q3 2020 business resultsQ3 revenue increased 8.2% Y/y to KRW 16.32 trillion Global vehicle sales totaled 699,402 units in Q3, down 0.4% Y/y Q3 operating profit declined 33% to KRW 19 mehr >> |
23.10.2020
Finance: Renault Group Revenues of €10,374 million in the third quarter of 2020Group revenues reached €10,374 million (-8.2%) in the quarter. At constant exchange rates and perimeter[1], the decrease would have been -3.2%. The Group sold 806,320 vehicles in the third quarter, down 6.1%. September showed a positive momentum, particularly marked in Europe, where Group&rsq mehr >> |
22.10.2020
Finance: Karin Radström takes over management of Mercedes-Benz Trucks on 1 February 2021Karin Rådström will start her appointment as Member of the Board of Management, Daimler Truck AG, responsible for Mercedes-Benz Trucks, on 1 February 2021. Rådström most recently has been responsible for mehr >> |
20.10.2020
Finance: Hyundai Motor rises to top five Automotive Brands in Interbrand's 2020 Global Brand RankingHyundai’s Global Brand Value rose 1 percent year-on-year to $14.3 billion, ranking fifth among global automotive brands and 36th overall Hyundai mehr >> |
19.10.2020
Finance: Ad-hoc announcement: Preliminary free cash flow for the Automotive segment of BMW AG in the third quarter of 2020 aboveThe preliminary free cash flow for the Automotive segment of BMW AG in the third quarter 2020 amounts to €3,065 million (previous year: €714 million) and thus exceeds current market expectations. This was due in particular to a faster recovery in mehr >> |
16.10.2020
Finance: Porsche reports robust demand in the first nine monthsCayenne and 911 increasingly popularIn the first three quarters of 2020, Porsche delivered 191,547 vehicles to customers worldwide. Compared to the same period in the previous year, this was a reduction of five percent. “Porsche is demonstrating resili mehr >> |
15.10.2020
Finance: Volkswagen Group invests in automation for Emden, Hannover and Chattanooga plantsVolkswagen Passenger Cars and Volkswagen Commercial Vehicles brands step up pace of transformation to e-mobility era More than 2,200 new robots ordered for planned production of electric cars at Emden, Hanover and Chattanooga These are to become the most advanced production plants in the industry mehr >> |
14.10.2020
Finance: Euisun Chung Inaugurated as Chairman of Hyundai Motor Group, Opening a New Chapter in HistoryChairman Mong-Koo Chung inaugurated as Honorary Chairman of the Group Inauguration unanimously endorsed by board members of Hyundai Motor, Kia Motors and Hyundai Mobis Euisun Chung has been recognized for successful leadership as Executive Vice Chairman of the Group over past two years mehr >> |
14.10.2020
Finance: Toyota Motor Europe outperforms the market as more customers choose hybridTME sales rebound with 715,081 vehicles sold between Jan-Sept 2020, down -15% but outperforming the market which fell by -25% Strong customer demand for its hybrid line-up increased share to 6.1%, up by 0.8 ppts Multi-powertrain strategy boosted by launches of New Yaris Hybrid, RAV4 Plug-in Hybrid mehr >> |
12.10.2020
Finance: Daimler and Swiss Re launch new company Movinx to transform automotive and mobility insurance businessMovinx is a 50/50 joint venture of Daimler Insurance Services and Swiss Re. Partners aim to transform and innovate automotive and mobility insurance with fully digital business model an mehr >> |
07.10.2020
Finance: BMW Group posts solid third-quarter sales growthBMW Group sells 675,680 units in third quarter (+8.6%) - Europe region delivers 275,618 vehicles to customers in Q3 (+7.1%) - China up 6.4% after first nine months (559,681 vehicles) - Sales situation still reflects regional impact of coronavirus pandemic - Pieter Nota: “Sales growth of almost 50 percent for electrified vehicle mehr >> |
06.10.2020
Finance: New Mercedes−Benz strategy announced − targeting structurally higher profitabilityNew Mercedes-Benz strategy for the car business unveiled today at a virtual investor and analyst conference. The new strategy will enhance the Mercedes-Benz brand’s luxury status, raise the product portfolio’s posit mehr >> |
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