Category: Automotive

Dieter Zetsche at the Annual Shareholders’ Meeting: “At Daimler, we take advantage of the opportunities that arise from change. That’s why we occupy the top spot today.”

BERLIN, April 5, 2018 /PRNewswire/ — 2017 was the most successful year in the company’s history Daimler is undergoing the greatest transformation in its history with a focus on five strategic areas Shareholders vote on highest-ever dividend of €3.65 per share to date Changes in the Supervisory Board “Daimler AG mastered many challenges extremely well… Continue reading Dieter Zetsche at the Annual Shareholders’ Meeting: “At Daimler, we take advantage of the opportunities that arise from change. That’s why we occupy the top spot today.”

Alibaba is preparing to invest in Grab

Fresh from announcing a deal to buy out Uber in Southeast Asia, Grab looks set to gain further firepower with Chinese e-commerce giant Alibaba preparing to invest in the ride-hailing firm. Alibaba is in the early stages of making an investment in Grab, two sources with knowledge of discussions told TechCrunch. Isn’t yet clear what… Continue reading Alibaba is preparing to invest in Grab

UK car registrations plunge in March

Car registrations plunged in March, according to figures from industry body the Society of Motor Manufacturers and Traders (SMMT). Preliminary data shows the UK new car market shrank by 15.6% last month, compared with March 2017. Demand for diesel vehicles fell by 37%, but petrol car demand rose by 1%. However, March 2017 was a… Continue reading UK car registrations plunge in March

Annual General Meeting: Despite record numbers – Zetsche is facing new diesel debate

All articles and backgrounds 05/04/2018 Annual General Meeting Despite record numbers – Zetsche is facing a new diesel debate Daimler The carmaker Daimler Show stock market chart can present its shareholders with record numbers at the AGM this Thursday (starting at 10:00 am in Berlin) and still has to expect headwinds again. shareholder representatives have… Continue reading Annual General Meeting: Despite record numbers – Zetsche is facing new diesel debate

Nissan: Nissan Group reports March 2018 and record 2017 fiscal year Canadian sales

March 2018 March 2017 % Change Nissan Group Total Sales (units) 15,192 15,815 -3.9% Nissan Division sales 13,987 14,523 -3.7% INFINITI sales* 1,205 1,292 -6.7% FY2017(April 1, 2017 – March 31, 2018) FY2016(April 1, 2016 – March 31, 2017) % Change Total sales (units) 146,882 137,773 +6.6% Nissan Division total sales 134,394 125,659 +7.0% INFINITI… Continue reading Nissan: Nissan Group reports March 2018 and record 2017 fiscal year Canadian sales

March 30 Change in Organisation and Personnel

New Name Previous Department General Manager,East Japan Marketing Department Kazunori Mochizuki Group Manager,Kanto Group,Domestic Marketing Department General Manager,West Japan Marketing Department Naoki Nakae President,Suzuki Motor Sales Nagano Inc. Chairman,Suzuki Motor Sales Tokyo Inc. Minoru Komiya President,Suzuki Motor Sales Minami Tokyo Inc. Concurrently serve as President,Suzuki Arena Akita Chuo Inc. Takashi Saito President,Suzuki Motor Sales Yamagata… Continue reading March 30 Change in Organisation and Personnel

Vauxhall owner hands boost to Luton plant

The owner of Vauxhall says its Luton plant will make the new Opel/Vauxhall Vivaro vehicle in a decision that will safeguard 1,400 jobs. The new Vivaro van replaces the current model from 2019 and the plant’s capacity is expected to increase to 100,000 vehicles a year. PSA Group, which owns Vauxhall, did not say how… Continue reading Vauxhall owner hands boost to Luton plant

EV startup Byton expands US foothold with LA facility

Roberto Baldwin / Engadget New auto company Byton made a splash at CES when it debuted its autonomous EV SUV concept with a cutting-edge entertaining passenger experience. After effectively launching the company at the trade show in January, it’s opening a new ‘Future Lab’ facility in Los Angeles that will develop user experience for the… Continue reading EV startup Byton expands US foothold with LA facility

Volkswagen CEO Matthias Mueller Vows to be ‘Part of Solution’ on Diesel

Mueller gave an upbeat view after last year’s record sales of 10.7 million vehicles. He said, “we are on the offensive and we’re going to stay that way.” PTI Updated:March 15, 2018, 8:16 PM IST Volkswagen CEO Matthias Mueller poses for a photograph after an interview with Reuters ahead of the 88th International Motor Show… Continue reading Volkswagen CEO Matthias Mueller Vows to be ‘Part of Solution’ on Diesel