In the short to medium term, Daimler Trucks expects demand to decrease in its core markets in Europe and the United States. This normalization has already begun and is expected to continue until 2021. Daimler Buses expects demand to rise. In the Daimler Trucks & Buses division, investment and cost pressure will continue in the… Continue reading 14. Nov 2019Daimler cuts costs and sets course for the future
Category: Automotive
Daimler CEO Faces Showdown With Investors Amid Industry Shift
Daimler AG’s new Chief Executive Officer Ola Kallenius is under pressure to map out a strategy to revive flagging profits at the maker of Mercedes-Benz luxury cars, while at the same time preparing for the disruptive shift to electric vehicles.
Boeing drops automation system used to build 777 jets
(Reuters) – Boeing Co (BA.N) has abandoned a key automation system used to make fuselage sections for its 777 jetliners amid reports of reliability issues, and will instead partially switch back to mechanics, the planemaker said on Thursday. FILE PHOTO: The Boeing logo is displayed on a screen, at the New York Stock Exchange (NYSE)… Continue reading Boeing drops automation system used to build 777 jets
Daimler warns on profits as carmaker plans job cuts
The maker of Mercedes-Benz vehicles is grappling with the shift to electric vehicles Go to Source
Hyundai: October 2019 Sales Results
HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Exchange Disclosure Title : October 2019 Sales Results 1. Sales Results: *Monthly sales Category (units) October 2019 September 2019 MoM % Change October 2018 YoY % Change Sales Unit Domestic 64,912 50,139 29.5 66,288 -2.1 Overseas 334,994 330,773 1.3… Continue reading Hyundai: October 2019 Sales Results
Hyundai: Resolution on Disposal of Treasury Shares
HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Exchange Disclosure Title : Resolution on Disposal of Treasury Shares 1.Number of stocks to be disposed : 778,575 common shares . 2.The price of a share to be disposed : KRW 121,000 3.Expected disposal amount : KRW 94,207,575,000 4.Scheduled date of… Continue reading Hyundai: Resolution on Disposal of Treasury Shares
Hyundai: Resolution on Acquisition of Treasury Stock
HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Exchange Disclosure title : Resolution on Acquisition of Treasury Stock 1. Number of shares to be acquired Type of Shares Number of Shares Common 778,575 Preferred – 2. Expected acquisition amount … Continue reading Hyundai: Resolution on Acquisition of Treasury Stock
Daimler cuts costs and sets course for the future
Daimler today presented a new sustainable business strategy at its Capital Market Day. With a clear commitment to CO2-neutral mobility, the company is setting its course for a successful future. “We are positioning the company for the transformation with a clear strategy for the future. The expenditure needed to achieve the CO2 targets require comprehensive… Continue reading Daimler cuts costs and sets course for the future
Edited Transcript of WKHS earnings conference call or presentation 8-Nov-19 3:00pm GMT
Q3 2019 Workhorse Group Inc Earnings Call Overland Park Nov 14, 2019 (Thomson StreetEvents) — Edited Transcript of Workhorse Group Inc earnings conference call or presentation Friday, November 8, 2019 at 3:00:00pm GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Duane Hughes Workhorse Group Inc. – CEO & Director * Paul Gaitan;Chief Financial… Continue reading Edited Transcript of WKHS earnings conference call or presentation 8-Nov-19 3:00pm GMT
Hertz Europe Expands Subscription Service
The service includes unlimited mileage and a free additional driver, with fixed rates starting from €195 ($214) per month in Italy and Germany Photo via Depositphotos. Hertz Europe has expanded its monthly car subscription service, My Hertz Weekend, which is now available in France, Germany, Italy, Spain, and the United Kingdom. This flexible alternative to vehicle ownership provides customers with access to… Continue reading Hertz Europe Expands Subscription Service