Rising numbers of new and used car dealers experienced “significant” levels of financial distress in the final quarter of 2017. According to Red Flag Alert research from insolvency firm Begbies Traynor, the number of UK automotive businesses experiencing significant financial distress reached 15,516 in the final quarter of 2017, a year on year increase of… Continue reading More dealers experience financial distress as market contracts
Category: Automotive
Wolf-Henning Scheider to lead automotive suppliers: ZF Friedrichshafen recruits new boss from competitors
All articles and backgrounds 01/25/2018 Wolf-Henning Scheider to lead auto parts supplier ZF Friedrichshafen recruits new boss from competitors Mahle Leads to one of the largest automotive suppliers in the world: Wolf-Henning Scheider. The automotive supplier ZF Friedrichshafen, which was shaken by power struggles recently, has found a new CEO. According to information from manager-magazin.de… Continue reading Wolf-Henning Scheider to lead automotive suppliers: ZF Friedrichshafen recruits new boss from competitors
Gestamp agrees with BHAP to form a joint venture in China
Posted 1/25/2018 11:37:05 PM MADRID, Jan. 25 (EUROPA PRESS) – The Spanish manufacturer of components for automobiles Gestamp has reached an agreement for the formation of a ‘joint venture’ in China with the local company Beijing Hainachuan Automotive Parts (BHAP), subsidiary of automotive components of the Beijing Automotive Industry Group (BAIC). According to the company… Continue reading Gestamp agrees with BHAP to form a joint venture in China
Daimler AG is showing municipal mobility solutions at the IFAT 2018
25.
January 2018
Stuttgart / Munich
Press Contact for this Press Release (3)
Jürgen Barth
Product Communications Trucks / Special Trucks
juergen.barth@daimler.com
Tel: +49 711 17-52077
Fax: +49 711 17-52030
Claws Tohsche
Product Communications Trucks / Special Trucks
claws.tohsche@daimler.com
Tel: +49 711 17-52068
Fax: +49 711 17-52030
Uta Leitner
Product Communications Trucks / Unimog / Buses & Coaches
uta.leitner@daimler.com
Tel: +49 711 17-53058
Fax: +49 711 17-52030
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Wide portfolio of commercial vehicles for the eco-sector
Stuttgart / München, Jan 25, 2018
Truck range with Euro VI engines
Stuttgart / Munich, Jan 25, 2018
Econic NGT: low-emissions in the municipalities
Stuttgart / Munich, Jan 25, 2018
Unimog for all seasons
Stuttgart / Munich, Jan 25, 2018
Third-generation Sprinter
Stuttgart / Munich, Jan 25, 2018
Fuso Canter in municipal operations
Stuttgart / Munich, Jan 25, 2018
Mercedes-Benz X-Class
Stuttgart / Munich, Jan 25, 2018
Services for municipal fleets
Stuttgart / Munich, Jan 25, 2018
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Groupe PSA, the First Carmaker to Launch a Smartphone Application for Car Loan Offers in China
BEIJING–(BUSINESS WIRE)–Regulatory News: Groupe PSA’s (Paris:UG) financing subsidiary in China (DPCAFC) has been offering an innovative O2O solution (online to offline, and offline to online) since 21 December. It allows customers to obtain a loan in just a few minutes using their smartphone, giving dealers the freedom to focus on meeting customer needs. The DONGFENG… Continue reading Groupe PSA, the First Carmaker to Launch a Smartphone Application for Car Loan Offers in China
Bharat Forge sets up new company in Israel
Bharat Forge, the Pune-based multinational with a presence across automotive, power, oil and gas, construction and mining, rail, marine and aerospace, has today announced establishment of a new wholly owned subsidiary ‘Indigeneous IL’ in Israel. The company has invested Rs 1.9 crore in the new subsidiary, which will focus on exploring targets in the technology… Continue reading Bharat Forge sets up new company in Israel
NASA tests light, foldable plane wings for supersonic flights
Planes that can fold their wings to different angles while in the air have the potential to fly faster than their peers, and NASA has recently made headway into their development. The space agency has conducted a series of test flights proving that it can control the wings it designed to move into any position… Continue reading NASA tests light, foldable plane wings for supersonic flights
Alstom plans Autonomous trains
Alstom intends to tackle the semi-autonomous driving on rails in the Netherlands. Especially the Swiss want partial autonomous driving for freight transport by rail. But there are also in Germany plans and the DLR also has such a move in development. The French manufacturer Alstomwho also with EasyMile cooperates, wants to jump on the train… Continue reading Alstom plans Autonomous trains
SK Holdings, SoCar launch car-sharing business in Malaysia
SEOUL, Jan. 25 (Yonhap) — SK Holdings, the holding firm of South Korean energy and telecom conglomerate SK Group, said Thursday it has launched a car-sharing business in Malaysia by joining hands with South Korea’s No. 1 car-sharing startup SoCar. SoCar Malaysia — a joint venture between SK Holdings and SoCar — kicked off its… Continue reading SK Holdings, SoCar launch car-sharing business in Malaysia
Hyundai Motor Misses Estimate on Labor Strikes, Stronger Won
Hyundai Motor Co.’s earnings fell short of estimates after worker strikes in South Korea hurt output and a stronger won weakened its competitiveness amid tepid demand in the U.S. and China. Fourth-quarter operating profit fell to 775 billion won ($731 million), the Seoul, South Korea-based company said in a statement Thursday. That compares with the… Continue reading Hyundai Motor Misses Estimate on Labor Strikes, Stronger Won