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Top Story: Mercedes-Benz delivers more than 200,000 vehicles in a November for the first time

    Mercedes-Benz sold 209,058 cars worldwide last month, passing the mark of 200,000 units delivered for the first time in a November (+5.3%).    From January to November a total of 2,133,594 vehicles were sold - a sales increase by 1.4%.    In November and since the beginning of the year, unit sales increased in the three major sales markets: China, Germany and the United States.    “With convincing products and the impetus from mehr >>

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Mercedes-Benz delivers more than 200,000 vehicles in a November for the first time 07.12.2019

Finance: Mercedes-Benz delivers more than 200,000 vehicles in a November for the first time

    Mercedes-Benz sold 209,058 cars worldwide last month, passing the mark of 200,000 units delivered for the first time in a November (+5.3%).    From January to November a total of 2,133,594 vehicles were sold - a sales increase by 1.4%.    In November and since the beginning of the year, unit sales mehr >>

Record-breaking figure for Audi in November 07.12.2019

Finance: Record-breaking figure for Audi in November

Deliveries up 23.1 percent to around 163,350 cars    North America and China close month with new records        Worldwide around 1,669,600 units since January, beating last year’s figure        Hildegard Wortmann, Member of the Board of Management for Sales and Market mehr >>

BMW Group sales continue to grow in November, with new all-time high also for electrified vehicles 07.12.2019

Finance: BMW Group sales continue to grow in November, with new all-time high also for electrified vehicles

BMW Group sales continued their positive trend in November: Worldwide deliveries increased by 1.4% over the same month last year to 225,662 units. Deliveries in the year to the end of November were up 1.7% year-on-year, with a total of 2,296,174 premium BMW, MINI and Rolls-Royce vehicles sold.  mehr >>

UK car market is being dragged down by economic uncertainties, says GlobalData 05.12.2019

Finance: UK car market is being dragged down by economic uncertainties, says GlobalData

Following the news that the UK car market declined by 1.3% in November;David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “The UK car market has been trending down for some time, hit by weak consumer and business mehr >>

Hadi Zablit appointed Alliance General Secretary 04.12.2019

Finance: Hadi Zablit appointed Alliance General Secretary

Alliance Renault Nissan Mitsubishi MotorsAs of December 9th, Hadi Zablit is appointed Alliance General Secretary, reporting to the Alliance Operating Board and the CEOs of the three companies. The Alliance General Secretary will coordin mehr >>

Toyota Motor Europe announces executive changes for January 2020 04.12.2019

Finance: Toyota Motor Europe announces executive changes for January 2020

Toyota Motor Europe (TME) announced today several executive level appointments at its European Headquarters and Affiliates, effective January 1st, 2020.Toyota Motor Europe (TME) Executive Changes    Mr. Miguel Fonseca, currently R mehr >>

Strong Car & Truck Sales Fuel Record November for American Honda, and Honda and Acura Trucks 04.12.2019

Finance: Strong Car & Truck Sales Fuel Record November for American Honda, and Honda and Acura Trucks

   American Honda sets new November sales records for total vehicles (up 11.1%) and trucks (up 18.2%)    Honda brand truck sales jump 21.3% for best-ever November sales    Honda HR-V and CR-V each set new November records; Ridgeline gains 36.2%    Acura brand gains 3.1%, with record November truck mehr >>

BMW of North America Reports November 2019 U.S. Sales. 03.12.2019

Finance: BMW of North America Reports November 2019 U.S. Sales.

BMW Brand Sales Increase 10.2% in November.BMW sales totaled 31,213 vehicles in November 2019, an increase of 10.2 percent over the 28,330 vehicles sold in November 2018.  Year-to-date, BMW sales in the U.S. are up 4.5 percent. mehr >>

Kia Motors announces November global sales 02.12.2019

Finance: Kia Motors announces November global sales

Kia Motors Corporation today announced November sales of 248,942 units led by popular RV models including the Seltos and Sportage. The November results were slightly higher than the 246,942 sold in the same month a year earlier. Sales in Korea posted 48,615 uni mehr >>

29.11.2019

Finance: Daimler decides on key points to streamline the company

   Company and employee representatives agree measures to reduce staff costs and employment in a socially responsible manner    Implementation details will be further elaborated in the coming weeksDaimler and the General Works Council have agreed on key points in order to streamline the Group structure and mehr >>

Mitsubishi Motors Announces Production, Sales and Export Figures for October 2019 28.11.2019

Finance: Mitsubishi Motors Announces Production, Sales and Export Figures for October 2019

October2019     Fiscal Year 2019 (19/04-19/10)     Calendar Year 2019 (19/01-19/10) Volume     YoY(%)     Volume     YoY(%)     Volume   & mehr >>

SMMT : Only ambitious brexit deal will safeguard jobs and Britain's green future 27.11.2019

Finance: SMMT : Only ambitious brexit deal will safeguard jobs and Britain's green future

   Industry calls on next government to put sector at heart of economic and trade policies, and agree an ambitious Brexit deal to deliver on UK’s green growth ambitions.    New figures show ta mehr >>

26.11.2019

Finance: Hyundai looks to Southeast Asia for growth as global market falters, says GlobalData

Following the news that Hyundai Motor has today (26th November 2019) signed a memorandum of understanding (MOU) with the Indonesian Government to build a vehicle manufacturing plant near Jakarta;David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view:"With a population of 267 million, Indonesia has huge potential f mehr >>

Volkswagen Group China to invest over 4 billion Euro in 2020 21.11.2019

Finance: Volkswagen Group China to invest over 4 billion Euro in 2020

photo caption: Dr. Stephan Wöllenstein, CEO Volkswagen Group China at the Guangzhou Auto Show .  Next year’s share of investment for e-mobility increases to around 40 percent, paving the way for Volkswagen Group China’s NEV mehr >>

New in the Audi Board of Management: Dr. Arno Antlitz, Dirk Große-Loheide and Dr. Sabine Maaßen 20.11.2019

Finance: New in the Audi Board of Management: Dr. Arno Antlitz, Dirk Große-Loheide and Dr. Sabine Maaßen

New Chief Financial Officer Dr. Arno Antlitz as of March 1, 2020        New Board of Management Member for Procurement Dirk Große-Loheide as of April 1, 2020        New Board of Management Member for Human Resources and Organization Dr. Sabine Maaßen as of April 1, 2020   &n mehr >>

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 >>

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