The Volkswagen Passenger Cars brand is further bolstering the future viability and competitiveness of its main plant in Wolfsburg in the current business year. “We already accomplished a great deal in 2019. To become even more efficient, we want to invest in the digitalisation of our processes and Industry 4.0 measures with a euro sum… Continue reading @VW Group: Wolfsburg plant is investing heavily in digital solutions
Category: OEMRSSCHK
@VW Group: Volkswagen to sell RENK shares to Triton
The Board of Management and Supervisory Board of Volkswagen AG have approved the sale of the 76 percent stake or approximately 5.3 million shares in the listed company RENK AG to Triton for a purchase price of 97.80 EUR per share which is subject to adjustments in relation to dividend. The planned disposal results in… Continue reading @VW Group: Volkswagen to sell RENK shares to Triton
@VW Group: TRATON Proposes To Acquire All Outstanding Common Shares Of Navistar For USD 35 Per Share
TRATON SE (“TRATON”), one of the world’s largest commercial vehicle manufacturers, today offered to acquire all of the outstanding shares of common stock of Navistar International Corporation (“Navistar”) (NYSE: NAV) not already owned by TRATON at a price of USD 35 per share in cash. This represents a 45% premium over Navistar’s closing share price… Continue reading @VW Group: TRATON Proposes To Acquire All Outstanding Common Shares Of Navistar For USD 35 Per Share
@VW Group: Newly established ŠKODA AUTO DigiLab India and Software Development Centre support ŠKODA-led INDIA 2.0 project
ŠKODA AUTO CEO, Bernhard Maier, explains, “With ŠKODA AUTO DigiLab India, we are consistently expanding our global network. India is among the innovation drivers when it comes to digitalisation. The average age of the population will be just 29 years in 2025. The majority of our customers in India have grown up with smartphones and… Continue reading @VW Group: Newly established ŠKODA AUTO DigiLab India and Software Development Centre support ŠKODA-led INDIA 2.0 project
@VW Group: Clever idea, clever implementation: Audi implemented thousands of employee ideas in 2019
On average, one in three Audi employees took part in the Audi Ideas Program in 2019 and submitted a suggestion for improvement. Of the roughly 22,500 ideas that were submitted in total, the company implemented more than 12,500 suggestions. This allowed Audi to save EUR 101.3 million at the Ingolstadt and Neckarsulm sites in 2019… Continue reading @VW Group: Clever idea, clever implementation: Audi implemented thousands of employee ideas in 2019
@Toyota: 3rd Quarter of Fiscal year ending March 31,2020
2020-01-31 Toyota Tsusho announced financial results for 3rd Quarter of Fiscal year ending March 31, 2020. Below are the main items of Consolidated Results based on IFRS. (Unit: Billion yen) FY2018 1-3Q FY2019 1-3Q Change Gross profit 479.7 476.3 (3.4) Operating profit 165.1 164.0 (1.1) Profit before income taxes 180.2 184.2 +4.0 Profit attributable to… Continue reading @Toyota: 3rd Quarter of Fiscal year ending March 31,2020
@Toyota: TMC Announces Executive, Senior Management, and Personnel Changes
Toyota City, Japan, January 31, 2020―On February 1, Toyota Motor Corporation (TMC) intends to implement changes in the area of responsibilities of executives and senior professionals/senior management and personnel changes at the general manager level. Let’s block ads! (Why?) Go to Source
@Daimler: Pullman = Luxury + Culture of space
John Lennon, Pope Pius XI and the Japanese Emperor: They and many other stars, heads of state and private individuals have enjoyed “Pullman” Saloons by Mercedes-Benz Luxury and representation vehicles at the highest level “33 Extras”: Exhibits of automotive culture at the Mercedes-Benz Museum Stuttgart. What do a leather cap, a canister of petrol and a scented… Continue reading @Daimler: Pullman = Luxury + Culture of space
@Mitsubishi: Mitsubishi Motors: Concerning the On-Site Investigation of Diesel-Engine Vehicles in Germany
TOKYO, Jan 31, 2020 – (JCN Newswire) – On January 21, the Frankfurt Public Prosecutor authorities visited our European R&D facility(1) based in Germany and German distributor(2) for an investigation. According to the Prosecutor’s announcement, the subject of the on-site investigations are passenger cars with 2.2 litre diesel engine with the emission standard Euro 5b,… Continue reading @Mitsubishi: Mitsubishi Motors: Concerning the On-Site Investigation of Diesel-Engine Vehicles in Germany
@Mitsubishi: Renault-Nissan-Mitsubishi Further Strengthens the Use of Resources and Investments
TOKYO, Jan 31, 2020 – (JCN Newswire) – Renault-Nissan-Mitsubishi has outlined a new framework to further reinforce its business model and strengthen its management structure. All three companies reiterated that the Alliance is essential for strategic growth and enhance competitiveness for each company. The new framework, ratified at a meeting of the Alliance Operating Board… Continue reading @Mitsubishi: Renault-Nissan-Mitsubishi Further Strengthens the Use of Resources and Investments