Mercedes-Benz EQS may form basis of first electric Maybach – Motor Authority

Considering the direction the industry is headed, it’s inevitable Maybach, Mercedes-Benz’s ultra-luxury sub-brand, will eventually launch an electric car. Maybach has even hinted at what one of its EVs could be like, with its Maybach 6 coupe and convertible concepts. It might not be long before we see an electric Maybach, given the latest comments… Continue reading Mercedes-Benz EQS may form basis of first electric Maybach – Motor Authority

Rolls-Royce CEO promises profitable 2020 – Automotive News Europe

LONDON — Rolls-Royce will be profitable this year despite a sales slump caused by the coronavirus pandemic, CEO Torsten Müller-Ötvös told Automotive News Europe. The BMW Group-owned brand has not cut jobs and has no plans to do so, making it unique among ultraluxury brands based in the UK. Bentley, McLaren and Aston Martin have… Continue reading Rolls-Royce CEO promises profitable 2020 – Automotive News Europe

France wants report on future of Daimler’s plant – Automotive News Europe

PARIS — The French government has called for an independent report on the future of Daimler’s factory in Hambach, eastern France, which the German automaker is planning to sell. Daimler said the move to explore the sale of the factory, which builds Smart minicars, was part of a deeper-than-expected restructuring in the wake of the… Continue reading France wants report on future of Daimler’s plant – Automotive News Europe

Daimler holds to plan to make Zetsche chairman – Automotive News Europe

FRANKFURT — Former Daimler CEO Dieter Zetsche is the best candidate to be the company’s next chairman despite opposition from some shareholders, the automaker’s current Chairman, Manfred Bischoff, said. Zetsche was succeeded as CEO in May 2019 by the automaker’s research and development boss, Ola Kallenius. When the succession plans were announced, Zetsche was nominated… Continue reading Daimler holds to plan to make Zetsche chairman – Automotive News Europe

Daimler’s savings target puts 20000 jobs at risk, report says – Automotive News Europe

July 22, 2020 03:12 PM CHRISTOPH RAUWALD Bloomberg Daimler’s plans to make deeper cost cuts than planned before the global pandemic could translate to the elimination of about 20,000 jobs, according to people familiar with the matter. The Mercedes-Benz maker has boosted its labor-cost savings target to 2 billion euros ($2.3 billion) from 1.4 billion… Continue reading Daimler’s savings target puts 20000 jobs at risk, report says – Automotive News Europe

Roland Berger to review Daimler’s Hambach withdrawal – Consultancy.eu

Roland Berger has been brought on board by the French government to give its opinion on British automaker Ineos’ takeover of the Daimler factory in Hambach, amid broader concerns about the move’s impact on jobs and the environment. The Hambach plant has been part of Daimler’s production network since its establishment in 1997, and the… Continue reading Roland Berger to review Daimler’s Hambach withdrawal – Consultancy.eu

Payments giant Stripe poaches General Motors’ CFO in its latest high-profile hire – CNBC

Dhivya Suryadevara, former Chief Financial Officer of GM, named new Stripe CFO. Source: GM Stripe has snagged General Motors‘ chief financial officer Dhivya Suryadevara as the payment start-up beefs up its C-suite amid an e-commerce boom brought on by the pandemic. Suryadevara was named the automaker’s first female finance chief in 2018, leading it through a pandemic that… Continue reading Payments giant Stripe poaches General Motors’ CFO in its latest high-profile hire – CNBC

Manley and friend Tavares kept alive FCA-PSA merger talks – Automotive News Europe

November 04, 2019 05:04 AM Manley: Relationships sped progress. Fiat Chrysler Automobiles CEO Mike Manley made three trips across the Atlantic Ocean recently — one to Frankfurt, two to Paris — with a scrapped merger with Renault still fresh in his memory. On the other end of those excursions, according to a person familiar with… Continue reading Manley and friend Tavares kept alive FCA-PSA merger talks – Automotive News Europe

Carlos Ghosn writes book, plans to detail conspiracy against him – CarAdvice

A tell-all book by the fugitive former car company boss is set to be released by the end of the year. Fugitive and former car company boss Carlos Ghosn has revealed details of his forthcoming book in an interview with Saudi-owned television broadcaster, Al Arabiya. In the 35-minute interview, Ghosn claims that his book reveals… Continue reading Carlos Ghosn writes book, plans to detail conspiracy against him – CarAdvice