It would appear that Renault might have to cut more costs than the 2 billion euros ($2.4 billion) in savings it had already planned on, said new CEO Luca de Meo. The new Renault boss, who came over in July from SEAT, didn’t mention exactly how much more money his company would need to save,… Continue reading New Renault Boss Expects More Cost Cuts, Wants To Follow PSA’s Financial Strategy – CarScoops
Author: Interview Scanning Online
Interview: Mercedes-Benz boss on the new S-Class
Is the new Mercedes-Benz S-Class too complicated? Not according to the company’s chairman, Ola Källenius. Oddly for this Zoom and Teams-stuffed Covid comms era, he’s on the other end of a phone line in Sindelfingen, having just presided over the launch of Mercedes’ perma-pioneering luxury flagship. Phones? Surely we don’t need them where we’re going… “We’ve… Continue reading Interview: Mercedes-Benz boss on the new S-Class
Carlos Ghosn’s accused escape plotters can be extradited to Japan, US judge says – CNA
Business A U.S. judge on Friday ruled two Massachusetts men can be extradited to Japan to face charges that they helped smuggle former Nissan Motor Co Chairman Carlos Ghosn out of the country while he was awaiting trial on financial crimes.U.S. Magistrate Judge Donald Cabell in Boston rejected the arguments against extradition by U.S. Army… Continue reading Carlos Ghosn’s accused escape plotters can be extradited to Japan, US judge says – CNA
Bill Ford: We have to keep work-at-home healthy for employees – Detroit Free Press
For Bill Ford Jr., workdays and weekends have begun to blend together. Pretty much — he said — like everybody else lately. Ford plays a key role in running a multibillion-dollar global automotive company founded by his great-grandfather. The pace has always been fierce. But this is dealing with life during a pandemic. “I’m still going to… Continue reading Bill Ford: We have to keep work-at-home healthy for employees – Detroit Free Press
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