Plastic Omnium is strengthening its position as world leader in front-end modules

On March 1st, 2018, Compagnie Plastic Omnium signed an agreement with the German group Mahle to acquire its 33.33% shareholding in the HBPO joint venture, up to then held by Plastic Omnium, Hella and Mahle-Behr.This acquisition was made at an Enterprise value of € 350 million and will be financed by the group’s own resources.After… Continue reading Plastic Omnium is strengthening its position as world leader in front-end modules

American Honda Reports February 2018 Sales Results

Honda HR-V sets new February sales record, gaining 6.9% Honda Pilot sales jump 49% in February, its 6th consecutive month of sales gains Honda Odyssey bucks minivan market trend as retail sales drive 3.4% increase Double-digit gains for TLX, ILX and RLX push Acura cars up 17.4% for the month American Honda Motor Co., Inc.… Continue reading American Honda Reports February 2018 Sales Results

Car registrations by brand – February 2018

Dati statistici > registrations Period of publication: 01 March 2018 Data reference period: February 2018 Analysis by brand of car registrations in Italy. Download attachment: 02 February 2018_UNRAE_marca_5a98211da8b07.pdf To view the content it is necessary accept the installation of the Calameo cookies TAG: brand, cars, registrations, 2018, February

Market structure – February 2018

Dati statistici > registrations Period of publication: 01 March 2018 Data reference period: February 2018 Analysis of the structure of the Italian car market with details for power, user, segment, bodywork and geographic area. Download attachment: 04 February 2018_UNRAE Market structure_5a9820b0a4960.pdf To view the content it is necessary accept the installation of the Calameo cookies… Continue reading Market structure – February 2018

Withdrawal from joint venture: MAHLE plans to sell HBPO shares to Plastic Omnium

HBPO is specialized in the assembly, logistics, development, and design of front-end modules, consisting of bumpers, lighting systems, and cooling components. Assembly of front-end modules is not integral to MAHLE’s core business. MAHLE focuses on the development and production of cooling modules. The cooling modules installed in the front-end module are usually commissioned by the… Continue reading Withdrawal from joint venture: MAHLE plans to sell HBPO shares to Plastic Omnium

How Geely’s Li Shufu spent months stealthily building a $9 billion stake in Daimler

SHANGHAI/BEIJING (Reuters) – When Daimler announced that Li Shufu had acquired almost 10 percent of the automaker last Friday, it caught financial markets – and German regulators – by surprise. Although the move seemed sudden, the head of the Chinese carmaker Geely had, according to multiple sources and documents reviewed by Reuters, spent months stealthily… Continue reading How Geely’s Li Shufu spent months stealthily building a $9 billion stake in Daimler

Porsche Reports February 2018 Sales

ATLANTA, March 1, 2018 /PRNewswire/ — Porsche Cars North America, Inc. (PCNA), importer and distributor of the Porsche 911, 718 Boxster and Cayman, Panamera, Cayenne, and Macan, today announced February 2018 retail sales of 4,382 vehicles, up 20.5 percent from February 2017. Year-to-date, Porsche recorded sales of 9,198, an 11.6 percent increase over the same period… Continue reading Porsche Reports February 2018 Sales

Subaru of America, Inc. Announces February Sales

CHERRY HILL, N.J., March 1, 2018 /PRNewswire/ — Best February ever – monthly sales increase 3.8 percent over February 2017 75 consecutive months of yearly month-over-month growth Best February ever for Crosstrek and Outback 48 consecutive months of more than 10,000 Outbacks sold 55 consecutive months of more than 10,000 Foresters sold Subaru of America,… Continue reading Subaru of America, Inc. Announces February Sales

Toyota Motor North America Reports February 2018 Sales

PLANO, Texas, March 1, 2018 /PRNewswire/ — Toyota Motor North America (TMNA) today reported February 2018 sales of 182,195 vehicles, an increase of 4.5 percent from February 2017 on a volume basis. With the same amount of selling days in February 2018 compared to February 2017, sales were up 4.5 percent on a daily selling rate… Continue reading Toyota Motor North America Reports February 2018 Sales

Diesel future at Daimler, VW, Volvo, BMW: Who abolishes the diesel – and who keeps his loyalty

All articles and backgrounds 03/01/2018 Diesel future at Daimler, VW, Volvo, BMW How the automakers stand on the diesel future DPA Diesel fuel pump at a gas station For one thing is clear: Matthias Wissmann is still rock solid for diesel. Even after the judgment of the Leipzig Federal Constitutional Court, the driving bans for… Continue reading Diesel future at Daimler, VW, Volvo, BMW: Who abolishes the diesel – and who keeps his loyalty