BMW boss Oliver Zipse (56) sees the elections in the USA and the struggle for one Brexit trade agreement calmly. “We can get along with any government,” Zipse told journalists in Munich. And if Great Britain and the EU should collect customs duties on cars and parts from January, that would be a burden, but… Continue reading German Manager Magazin: Oliver Zipse, BMW: “A hard Brexit won’t kill us” 000295
Category: Automotive
@Daimler: 02. Nov 2020Volvo Group and Daimler Truck AG sign binding agreement for joint venture for large-scale production of fuel-cells
November 02, 2020 – The Volvo Group and Daimler Truck AG have now a signed binding agreement for a joint venture to develop, produce and commercialize fuel-cell systems for use in heavy-duty trucks as the primary focus, as well as other applications. The ambition of both partners is to make the new company a leading… Continue reading @Daimler: 02. Nov 2020Volvo Group and Daimler Truck AG sign binding agreement for joint venture for large-scale production of fuel-cells
@Hyundai: October 2020 Sales Results
HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Exchange Disclosure Title : October 2020 Sales Results (Tentative) 1. Sales Results: *Monthly sales Category (units) October 2020 September 2020 MoM % Change October 2019 YoY % Change Sales Unit Domestic 65,669 67,080 -2.1 64,912 1.2 Overseas 320,278 294,631 8.7… Continue reading @Hyundai: October 2020 Sales Results
Joint venture for large-scale production of fuel-cells: Volvo Group and Daimler Truck AG sign binding agreement for new fuel-cell joint venture
GOTHENBURG, Sweden, Nov. 2, 2020 /PRNewswire/ — The Volvo Group and Daimler Truck AG have now a signed binding agreement for a joint venture to develop, produce and commercialize fuel-cell systems for use in heavy-duty trucks as the primary focus, as well as other applications. The ambition of both partners is to make the new… Continue reading Joint venture for large-scale production of fuel-cells: Volvo Group and Daimler Truck AG sign binding agreement for new fuel-cell joint venture
Soriano Motori unveils its V1-GARA “Giaguaro” EV this week: a historic brand turned into a revolution
Soriano Motori, the historic brand, on Thursday 5th November unveils the Giaguaro V1-Gara model, its state-of-the-art EV Tweet this “We manufacture a 100% MADE IN ITALY product, which is defined by elegance, innovation and high level of engineering in the motorcycle sector,” said M.A. Soriano, Founder. SM has achieved the impossible in a context of… Continue reading Soriano Motori unveils its V1-GARA “Giaguaro” EV this week: a historic brand turned into a revolution
German Manager Magazin: Federal Environment Agency imposes a fine of millions on Tesla000289
The US electric car makerTeslashould in Germany Pay a fine of over twelve million euros. According to information from “Welt am Sonntag”, this is evident from the report filed with the US Securities and Exchange Commission for the third quarter of the fiscal year. It says: “The German Federal Environment Agency (UBA) has issued a… Continue reading German Manager Magazin: Federal Environment Agency imposes a fine of millions on Tesla000289
German Manager Magazin: Ford and Volvo agree on CO2 alliance000289
The American automaker ford tries to avoid the impending CO2 penalties in Europe through an alliance with the Swedish competitor Volvo. The companies registered their alliance with the European Union on Thursday. Ford will meet the stricter rules for CO2 emissions that have been in effect since this year together with Volvo, according to company… Continue reading German Manager Magazin: Ford and Volvo agree on CO2 alliance000289
German Manager Magazin: Ford: Pickup hype makes for profit000288
The second largest US automakerfordhas increased profit significantly in the third quarter. The bottom line was that the group earned 2.4 billion dollars (2 billion euros) in the three months to the end of September after 400 million in the same period last year. Sales rose 1 percent to $ 37.5 billion, Ford announced on… Continue reading German Manager Magazin: Ford: Pickup hype makes for profit000288
German Manager Magazin: PSA and Fiat Chrysler with robust figures in the merger, Opel sales extremely weak000288
Before the crucial phase of the merger with Fiat Chrysler can he OpelParent companyPPEhave a robust business and full order books. In the third quarter, sales in the auto division rose by 1.2 percent to almost twelve billion euros. One reason is that the French group again sold more profitable vehicles such as SUVs and… Continue reading German Manager Magazin: PSA and Fiat Chrysler with robust figures in the merger, Opel sales extremely weak000288
German Manager Magazin: Audi: Higher Regional Court confirms squeeze-out, Volkswagen subsidiary leaves stock exchange000289
Volkswagen can as planned the minority shareholdersAudipush out and his daughter from the Stock exchange to take. The Munich Higher Regional Court granted the application to release the squeeze-out, said CFO Arno Antlitz (50) on Friday at a conference call on the quarterly figures. The transfer resolution passed by the general meeting at the end… Continue reading German Manager Magazin: Audi: Higher Regional Court confirms squeeze-out, Volkswagen subsidiary leaves stock exchange000289