Daimler CEO Zetsche on the electric car offensive: “Good for the CO2 balance – but not so good for our consolidated balance sheet”

All articles and backgrounds 05/04/2018 Daimler CEO Zetsche on the electric car offensive “Good for the CO2 balance – but not so good for our consolidated balance sheet” REUTERS Mercedes-Maybach 6: During the shareholder meeting in Berlin shows Daimler strength The billion-euro investment in electric mobility at the Stuttgart carmaker Daimler Show stock market chart… Continue reading Daimler CEO Zetsche on the electric car offensive: “Good for the CO2 balance – but not so good for our consolidated balance sheet”

2017 Sustainability Report: new focus

Detailed documentation of the economic, ecological and social effects of corporate activities Current target programme: sustainability strategy 2030 Stuttgart. On the day of the Daimler Annual General Meeting in Berlin on 5 April 2018, the company will also publish its 2017 Sustainability Report. From that date the comprehensive report can be found here in the… Continue reading 2017 Sustainability Report: new focus

GM to kill Chevrolet Sonic, Ford to discontinue Fiesta, Taurus, report says

Autoplay Show Thumbnails Show Captions Last SlideNext Slide The 2017 Chevrolet Sonic. (Photo: General Motors) General Motors is reportedly planning to kill the Chevrolet Sonic while Ford Motor plans to ditch the Fiesta in the U.S., spelling the death of two subcompact cars. The Wall Street Journal, which reported the plans Wednesday, also said that… Continue reading GM to kill Chevrolet Sonic, Ford to discontinue Fiesta, Taurus, report says

VW announces supply contracts: Prevent accuses Volkswagen of “serious breach of law”

All articles and backgrounds 05/04/2018 VW announces supply contracts Prevent accuses Volkswagen “serious breach of law” before DPA Prevent in Warmenau near Wolfsburg: The dispute with VW escalates The Prevent Group, which became known mainly through its dispute with Volkswagen, has announced redundancies and short-time work at its sites in Schönheide, Plauen and Stendal. The… Continue reading VW announces supply contracts: Prevent accuses Volkswagen of “serious breach of law”

UK new car market falls -15.7% in March as new ’18 plate hits roads

As predicted, the UK new car market fell in March, down -15.7%, but still the fourth biggest March ever for the sector. Fall in diesel demand continues, down -37.2% compared to same month last year, with AFVs up 5.7% and petrol holding steady at 0.5%. Overall, first quarter down -12.4%, but over 700,000 motorists drive… Continue reading UK new car market falls -15.7% in March as new ’18 plate hits roads

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