Dieter Zetsche at the Annual Shareholders’ Meeting: “At Daimler, we take advantage of the opportunities that arise from change. That’s why we occupy the top spot today.”

BERLIN, April 5, 2018 /PRNewswire/ — 2017 was the most successful year in the company’s history Daimler is undergoing the greatest transformation in its history with a focus on five strategic areas Shareholders vote on highest-ever dividend of €3.65 per share to date Changes in the Supervisory Board “Daimler AG mastered many challenges extremely well… Continue reading Dieter Zetsche at the Annual Shareholders’ Meeting: “At Daimler, we take advantage of the opportunities that arise from change. That’s why we occupy the top spot today.”

Nissan: Nissan Group reports March 2018 and record 2017 fiscal year Canadian sales

March 2018 March 2017 % Change Nissan Group Total Sales (units) 15,192 15,815 -3.9% Nissan Division sales 13,987 14,523 -3.7% INFINITI sales* 1,205 1,292 -6.7% FY2017(April 1, 2017 – March 31, 2018) FY2016(April 1, 2016 – March 31, 2017) % Change Total sales (units) 146,882 137,773 +6.6% Nissan Division total sales 134,394 125,659 +7.0% INFINITI… Continue reading Nissan: Nissan Group reports March 2018 and record 2017 fiscal year Canadian sales

March 30 Change in Organisation and Personnel

New Name Previous Department General Manager,East Japan Marketing Department Kazunori Mochizuki Group Manager,Kanto Group,Domestic Marketing Department General Manager,West Japan Marketing Department Naoki Nakae President,Suzuki Motor Sales Nagano Inc. Chairman,Suzuki Motor Sales Tokyo Inc. Minoru Komiya President,Suzuki Motor Sales Minami Tokyo Inc. Concurrently serve as President,Suzuki Arena Akita Chuo Inc. Takashi Saito President,Suzuki Motor Sales Yamagata… Continue reading March 30 Change in Organisation and Personnel

TVR Returns to endurance motorsport with REBELLION Racing

5 April 2018: Marking its return to motor sport for the first time in more than 10 years, TVR has announced its role as the automotive partner to REBELLION Racing, competing in the LMP1 category of the FIA World Endurance Championship (WEC) 2018 – 2019 Super Season. REBELLION Racing TVR will make its track debut during the WEC Prologue event at Circuit Paul Ricard on 6 April.

Learnings from TVR’s collaboration with REBELLION Racing will flow directly into the development and production both of its road car line-up, and into its future racing projects.

Les Edgar, Chairman of TVR, said: “When we resurrected the TVR brand, we knew that we wanted to achieve a return to the race track. Our partnership with REBELLION Racing allows us to achieve that goal, while bringing about valuable operational and technical knowledge, which directly transfers to our road car operation and future racing activities.

“We have a long-standing relationship with Rebellion Racing and have been following them closely in WEC over the last few years. We greatly look forward to working with the team and are confident that REBELLION Racing TVR will see much success during the Super Season.”

REBELLION Racing teased the design of its ORECA R-13 prototype at the Geneva Motor Show in March, following confirmation of its entry into the LMP1 category. The WEC Prologue is the first time REBELLION will allow a closer glimpse of its 2018 – 2019 race livery, with TVR taking pride of place as automotive partner.

Sports car racing is a fundamental element of TVR’s heritage, with the very first models (TVR 1, 2 and 3) having been designed for the race track, and with a long and rich heritage of racing ever since. TVR entered its first Le Mans event with its Grantura in 1962, and TVRs competed in myriad championships throughout the years. TVR participated at Le Mans in 2003, 2004 and 2005, and ran a number of successful one-make race series in the UK until 2006.

TVR will join REBELLION Racing’s other partners – Gibson race engines, Motul lubricants, and Carbon Champagne for the 2018 – 2019 Super Season.

-Ends-

Statement on U.S./China Trade

We support a positive trade relationship between the U.S. and China, and urge both countries to continue to engage in constructive dialogue and pursue sustainable trade policies. We continue to believe both countries value a vibrant auto industry and understand the interdependence between the world’s two largest automotive markets.

LCV DEVELOPMENT RESPONSIBILITY FOR GROUPE PSA TO BE BASED IN RUESSELSHEIM

LCV DEVELOPMENT RESPONSIBILITY FOR GROUPE PSA TO BE BASED IN RUESSELSHEIM 2018-04-04 Rüsselsheim. Groupe PSA is further strengthening the Engineering center in Rüsselsheim/Germany. Going forward, the Engineering teams in Rüsselsheim will lead the development for Light Commercial Vehicles (LCV) of Groupe PSA that are built on a dedicated LCV platform. “With this decision, we receive… Continue reading LCV DEVELOPMENT RESPONSIBILITY FOR GROUPE PSA TO BE BASED IN RUESSELSHEIM

Groupe PSA: Investment in Luton Plant to Produce a Brand New Opel/Vauxhall Vivaro by 2019

RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: As the European LCV market leader, Groupe PSA (Paris:UG) intends to strengthen its market share in this segment in Europe and accelerate its development in the other regions. The increase in manufacturing capacity in the compact vans segment will supply our customers from the Luton plant by 2019 in addition to… Continue reading Groupe PSA: Investment in Luton Plant to Produce a Brand New Opel/Vauxhall Vivaro by 2019

Investment in Luton plant to produce a brand new Opel/Vauxhall Vivaro by 2019

As the European LCV market leader, Groupe PSA intends to strengthen its market share in this segment in Europe and accelerate its development in the other regions. The increase in manufacturing capacity in the compact vans segment will supply our customers from the Luton plant by 2019 in addition to the existing Hordain facility in… Continue reading Investment in Luton plant to produce a brand new Opel/Vauxhall Vivaro by 2019