Category: Official Press Release

2018: RCI BANK AND SERVICES POSTS ITS BEST PERFORMANCE EVER WITH NEW FINANCINGS OF €20.9 BILLION AND PRE-TAX INCOME OF €1,215 MILLION

• 1,798,900 new financing contracts, up 1.6% from 2017 for a total of €20.9 billion in new financings• Record penetration rate[1] of 42.9% of registrations• 355,274 new financing contracts for used vehicles, up 11.1% from 2017• Average performing assets (APA)[2] of €44.4 billion, up 12.0% from 2017• Net banking income of €1.93 billion, up 18.6%… Continue reading 2018: RCI BANK AND SERVICES POSTS ITS BEST PERFORMANCE EVER WITH NEW FINANCINGS OF €20.9 BILLION AND PRE-TAX INCOME OF €1,215 MILLION

Toyota Solidifies Its Substantial and Growing Investment in U.S.

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2018 Winter Games

Volkswagen 4.0 – the production systems of tomorrow are being developed in the Gläserne Manufaktur in Dresden

The guiding principle: systems are tried and tested in the Gläserne Manufaktur before being rolled out to mass production throughout the Group Tests and further development during operation World first – installation of the headliner in the e-Golf now automated Dr Andreas Tostmann, member of the Board of Management for Production and Logistics for the… Continue reading Volkswagen 4.0 – the production systems of tomorrow are being developed in the Gläserne Manufaktur in Dresden

Tenneco Reports Fourth Quarter and Full-Year 2018 Results

LAKE FOREST, Ill.–(BUSINESS WIRE)–Tenneco (NYSE: TEN) reported a fourth quarter net loss of $109 million, or $(1.35) per diluted share. Fourth quarter 2017 net income▲ was $62 million, or $1.19 per diluted share. Adjusted net income was $105 million, or $1.30 per diluted share, versus $91 million or $1.75 per diluted share last year.▲ Fourth… Continue reading Tenneco Reports Fourth Quarter and Full-Year 2018 Results

New Metal Water Pump Housing

Tough, durable solution for the automotive aftermarket Launched in CT 1143WP 2 and CT 1143WP 3 timing belt kits + water pump Hanover, March 2019. Technology company Continental has unveiled an especially tough, durable aftermarket component for vehicle engines: a new metal water pump housing. These covers are usually made of plastic, mostly polyethylene or… Continue reading New Metal Water Pump Housing

New Management Structure at Continental

Transformation and continuity on road to reorganization due to start in 2020 Executive Board member Nikolai Setzer to switch to new role of spokesman for the Automotive Board as of April 1, 2019 / Appointment extended to end of March 2024 ahead of time New Executive Board member Christian Kötz to take charge of the… Continue reading New Management Structure at Continental

Automobili Lamborghini reaches record highs in all key business figures 2018

In Fiscal Year 2018 (1 Jan – 31 Dec), Automobili Lamborghini S.p.A. achieved a new all-time high in all key business figures: sales, turnover and profitability achieved levels unprecedented in the 55-year history of the brand. After crossing the one billion threshold for the first time in 2017, turnover grew by 40% from 1,009 mio.… Continue reading Automobili Lamborghini reaches record highs in all key business figures 2018

IN-Campus – a striking achievement: New Audi technology park on remediated site

Audi is building its future, and to do so, it is revitalizing an industrial wasteland. Not far from its main factory in Ingolstadt, the company is developing the IN-Campus, a 75-hectare technology park, on the site of a former oil refinery. IN-Campus GmbH, a joint venture between AUDI AG and the city of Ingolstadt, is… Continue reading IN-Campus – a striking achievement: New Audi technology park on remediated site