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Top Story: Mercedes-Benz delivers more than 200,000 vehicles in a November for the first time |
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| 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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07.12.2019
Finance: Mercedes-Benz delivers more than 200,000 vehicles in a November for the first timeMercedes-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 >> |
07.12.2019
Finance: Record-breaking figure for Audi in NovemberDeliveries 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 >> |
07.12.2019
Finance: BMW Group sales continue to grow in November, with new all-time high also for electrified vehiclesBMW 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 >> |
05.12.2019
Finance: UK car market is being dragged down by economic uncertainties, says GlobalDataFollowing 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 >> |
04.12.2019
Finance: Hadi Zablit appointed Alliance General SecretaryAlliance 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 >> |
04.12.2019
Finance: Toyota Motor Europe announces executive changes for January 2020Toyota 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 >> |
04.12.2019
Finance: Strong Car & Truck Sales Fuel Record November for American Honda, and Honda and Acura TrucksAmerican 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 >> |
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 >> |
02.12.2019
Finance: Kia Motors announces November global salesKia 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 companyCompany 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 >> |
28.11.2019
Finance: Mitsubishi Motors Announces Production, Sales and Export Figures for October 2019October2019 Fiscal Year 2019 (19/04-19/10) Calendar Year 2019 (19/01-19/10) Volume YoY(%) Volume YoY(%) Volume & mehr >> |
27.11.2019
Finance: SMMT : Only ambitious brexit deal will safeguard jobs and Britain's green futureIndustry 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 GlobalDataFollowing 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 >> |
21.11.2019
Finance: Volkswagen Group China to invest over 4 billion Euro in 2020photo 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 >> |
20.11.2019
Finance: New in the Audi Board of Management: Dr. Arno Antlitz, Dirk Große-Loheide and Dr. Sabine MaaßenNew 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 >> |
19.11.2019
Finance: Strong deliveries for Volkswagen Group in October12.2 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 >> |
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 >> |
15.11.2019
Finance: Markus Duesmann to be new Audi CEOMarkus 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 >> |
15.11.2019
Finance: Volkswagen investing strongly in the futurePlanned 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 >> |
15.11.2019
Finance: Daimler cuts costs and sets course for the futureAutomobile 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 >> |
14.11.2019
Finance: SKODA delivers 105,300 vehicles in OctoberŠKODA 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 >> |
14.11.2019
Finance: Volkswagen Passenger Cars grows deliveries in OctoberVolkswagen 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 >> |
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 earningsNissan 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 GlobalDataFollowing 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 >> |
11.11.2019
Finance: Isuzu Motors of Japan confirms investment in the next generation bakkie programme for South AfricaPhoto 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 >> |
08.11.2019
Finance: Audi increases deliveries in October by 26.8 percent to around 149,150 carsGrowth 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 >> |
07.11.2019
Finance: Pierre Martin Bos appointed as FCA South Africa CEOFiat 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 >> |
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 >> |
07.11.2019
Finance: Mercedes-Benz continues worldwide growth in unit sales at the beginning of fourth quarterLast 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 >> |
06.11.2019
Finance: BMW Group increases deliveries, revenues and earningsDeliveries 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 >> |
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 >> |
04.11.2019
Finance: Daimler launches new corporate structureDaimler 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 >> |
01.11.2019
Finance: Kia Motors posts global sales of 248,752 units in OctoberKia 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 >> |
31.10.2019
Finance: Groupe PSA and FCA plan to join forces to build a world leader for a new era in sustainable mobilityDiscussions 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 >> |
30.10.2019
Finance: Mitsubishi Motors Announces Production, Sales and Export Figures for September 2019 and First Half of Fiscal 2019September 2019 Fiscal Year 2019 (19/04-19/09) Calendar Year 2019 (19/01-19/09) Volume YoY(%) Volume YoY(%) Volume &nb mehr >> |
30.10.2019
Finance: Volkswagen increases sales revenue and profitGroup 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 >> |
30.10.2019
Finance: Clarification of Groupe PSAFollowing 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 MobilityImproved 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 CelLinkBMW 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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