July 24, 2019 – Daimler intensified portfolio review and efficiency programs and expects significant improvement of EBIT and free cash flow in second half of year 2019. Our second quarter results were mainly impacted by exceptional items of 4.2 billion euros. Therefore, our focus for the second half of this year is on improving our… Continue reading 24. Jul 2019IR Release: Daimler reports second-quarter 2019 results
Category: OEMRSSCHK
Hyundai Motor Announces 2019 1H Business Results
Company reports sales revenue of KRW 50.95 trillion, 8.1% increase year-over-year Global sales total 2.13 million units in the first half of 2019 Operating profit at KRW 2.06 trillion; Net profit KRW 1.95 trillion 22 July 2019 – Hyundai Motor Company announced business results for the first half of 2019, reporting an 8.1 percent and… Continue reading Hyundai Motor Announces 2019 1H Business Results
BMW Group Plant Spartanburg doubles battery production capacity
Spartanburg/ Munich. BMW Group Plant Spartanburg in the US state of South Carolina has doubled its capacity for production of high-voltage batteries. The plant’s own battery facility now produces the new fourth-generation batteries. These are intended for the plug-in hybrid models of the new BMW X5 and the future BMW X3, also produced in Spartanburg.… Continue reading BMW Group Plant Spartanburg doubles battery production capacity
Groupe Renault and BP deepen their strategic partnership
• BP, Castrol and Renault F1 Team extend their Formula 1 partnership for a further two years until the end of 2024 • Groupe Renault appoints Castrol as its aftersales’ global service fill engine oil lubricants partner from 1 January 2020 Boulogne-Billancourt and London, 07/24/2019 – Groupe Renault and BP with its global lubricant business… Continue reading Groupe Renault and BP deepen their strategic partnership
Daimler Financial Services AG today becomes Daimler Mobility AG
24.
July 2019
Stuttgart
As of 24 July 2019, Daimler Financial Services is renamed Daimler Mobility AG. Financing, leasing, insurance and fleet management continue to be part of the core business of Daimler Mobility. New name underlines the strategic standard the business division has set for itself: to offer comprehensive flexible mobility solutions in the future. Stuttgart (Germany) – Today Daimler Financial Services AG will begin operating under the name of Daimler Mobility AG and act as a provider of services in the field of financing, leasing, insurance and fleet management for the entire Daimler Group. Furthermore, the Daimler Mobility business division is a strategic investor in mobility services such as FREE NOW, SHARE NOW and Blacklane. Flexible service offerings like Mercedes-Benz Rent (car rental) and Mercedes me Flexperience (subscription solution) complete the mobility ecosystem. As part of the approved implementation of the Daimler Group's Project Future, Daiml..
ŠKODA AUTO wins Automotive Lean Production award
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Baojun Launches New 510 CVT SUV
Baojun Launches New 510 CVT SUV 2019-07-22 LIUZHOU, GUANGXI – Baojun recently launched its new 510 compact SUV featuring a continuously variable transmission (CVT) along with a quieter interior. Two variants are priced at RMB 73,800 and RMB 82,800. Since the nameplate’s introduction in February 2017, nearly 800,000 Baojun 510s have been sold nationwide. It… Continue reading Baojun Launches New 510 CVT SUV
Chevrolet Transforms the Corvette Customer Experience
Chevrolet Transforms the Corvette Customer Experience 2020 Stingray fulfills Corvette’s ultimate destiny 2019-07-19 Customers can pre-order their 2020 Stingray starting today New experience includes a 3D Visualizer, cross-country tour, content library and dedicated Corvette Concierge TUSTIN, Calif. — The first-ever production mid-engine Corvette revolutionizes the iconic vehicle, and the customer experience will be equally transformative. Starting today, interested… Continue reading Chevrolet Transforms the Corvette Customer Experience
BMW Group lays foundation for dual vocational training at new site in Hungary // Cooperation agreements signed with local partner schools
Munich/Debrecen. The BMW Group is paving the way for introduction of dual vocational training at its new plant under construction in Debrecen, Hungary from September 2021. A cooperation agreement to this effect was signed with the Debrecen Vocational Training Centre (DSZC) on 18 July. The BMW Group will work with these partners to implement the… Continue reading BMW Group lays foundation for dual vocational training at new site in Hungary // Cooperation agreements signed with local partner schools
World first: Bosch and Daimler obtain approval for driverless parking without human supervision
Automated valet parking is the world’s first fully automated driverless (SAE Level 4)¹ parking function to be approved by the authorities System to be in daily use in the Mercedes-Benz Museum parking garage in Stuttgart Automated parking system collects and returns the vehicle completely independently Bosch supplies the infrastructure; Daimler the vehicle technology Special permit… Continue reading World first: Bosch and Daimler obtain approval for driverless parking without human supervision