Munich. A core element of the BMW Group’s corporate Strategy Number ONE > NEXT is to increase customer orientation and to focus on future technologies and growth opportunities in global markets. In line with this, the BMW Group is reorganising its sales regions across numerous growth markets. Sales and marketing operations in Asia Pacific (excluding… Continue reading New direction in BMW Group sales regions
Category: Automotive
Mercedes-Benz Bank: First model declaration action – court has doubts about justification
Higher Regional Court Stuttgart The public prosecutor’s office is examining the model declaration action in the proceedings for the Mercedes-Benz Bank. (Photo: AP) StuttgartIn the process for the first designation suit in Germany the Higher Regional Court (OLG) Stuttgart expressed doubts about the reasons. In the procedure goes it concerns car loan contracts of the… Continue reading Mercedes-Benz Bank: First model declaration action – court has doubts about justification
Toyota Motor aims to boost sales in China by 8 percent this year
FILE PHOTO: The logo of Toyota is seen during the first press day of the Paris auto show, in Paris, France, Oct. 2, 2018. REUTERS/Regis Duvignau/File Photo BEIJING (Reuters) – Toyota Motor Corp aims to raise vehicle sales in China by 8 percent to 1.6 million this year, the Japanese automaker said on Friday. Toyota… Continue reading Toyota Motor aims to boost sales in China by 8 percent this year
New Mercedes dealership in Darmstadt: “Quality of care noticeably improved”
Go to source
Elon Musk & Tesla Slice Through China–US Trade Challenges With Focus On Helping Humanity
Editor's note: Aside from the useful article below, we have breaking news out of China that Shanghai Gigafactory construction is speeding up. We'll start with that news
Carlos Ghosn exit must not affect Nissan-Renault alliance, says Japan
Nissan Trade minister calls for alliance to remain stable and hopes companies can begin talks Under the cross-shareholding structure of the alliance, Renault is the dominant partner despite Nissan contributing more profits. Photograph: Tomohiro Ohsumi/Getty Images Japan’s trade minister has said the carmaking alliance between Nissan and Renault must continue after the final departure of… Continue reading Carlos Ghosn exit must not affect Nissan-Renault alliance, says Japan
Lear Reports Fourth Quarter and Full Year 2018 Results
SOUTHFIELD, Mich., Jan. 25, 2019 /PRNewswire/ — Lear Corporation (NYSE: LEA), a leading global supplier of automotive seating and electrical and electronic systems, today reported results for the fourth quarter and full year 2018. Highlights include: Fourth Quarter 2018 Sales of $4.9 billion, compared to $5.4 billion in the fourth quarter 2017 Net income of… Continue reading Lear Reports Fourth Quarter and Full Year 2018 Results
Dialog with researchers into the future at Audi about digitization, dilemmas and diversity
Audi is to launch a new annual series of public lectures under the heading “Science in Dialogue” on Tuesday, January 29. A total of twelve theme evenings will focus on the most diverse facets of rapid global change. International scientists will provide insights into their research, highlighting both social and technological aspects. Admission is free… Continue reading Dialog with researchers into the future at Audi about digitization, dilemmas and diversity
Volkswagen Group Components to start series production of flexible fast charging station
In future, the Hanover plant is to produce the flexible fast charging station of Volkswagen Group Components in series. New flexible charging station to be produced at the Hanover components plant CEO Thomas Schmall: “Consistent transformation of our product portfolio towards e-mobility and a key element in our battery strategy” The transformation of Volkswagen Group… Continue reading Volkswagen Group Components to start series production of flexible fast charging station
Volkswagen Group Components well-positioned for the future
Dr. Stefan Sommer (l.) and Thomas Schmall New brand with five newly organized business areas since January 1, 2019 Group Board of Management Member Dr. Stefan Sommer: “Group Components is assuming end-to-end responsibility for the battery, from competence development for the cells through to recycling.” Group Components CEO Thomas Schmall: “€2 billion of cost savings… Continue reading Volkswagen Group Components well-positioned for the future