Daimler’s Maybach, AMG and G-Class will be bundled into new luxury group – Automotive News Europe

BERLIN — Mercedes-Benz owner Daimler will unveil a new business group comprising the AMG, Maybach and G-Class subbrands at the Munich auto show in September. The move will streamline marketing costs and is part of Daimler CEO Ola Kallenius’ plan to boost productivity and profitability, with a focus on high-margin sales. AMG boss Philipp Schiemer… Continue reading Daimler’s Maybach, AMG and G-Class will be bundled into new luxury group – Automotive News Europe

Audi will switch to agency model for EV sales – Automotive News Europe

BERLIN — Audi plans to switch to agency sales for its electric models starting in 2023. Through this model, cars will be sold directly by the brand to end customers, with dealers acting only as intermediaries. So far Audi has been selling its own EVs such as the e-tron and e-tron GT through its authorized… Continue reading Audi will switch to agency model for EV sales – Automotive News Europe

@Nio: 000262

SHANGHAI, China, July 12, 2021 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer and a leading manufacturer of premium smart electric vehicles in China, today announced that Ms. Yu Long has been appointed as a new independent director to the Company’s board of directors (the “Board”), effective July 12, 2021.… Continue reading @Nio: 000262

@VW Group: In the first six months, Porsche delivers 31 percent more vehicles003505

*Data determined in accordance with the measurement method required by law. As of 1 September 2018 the Worldwide Harmonised Light Vehicles Test Procedure (WLTP) replaced the New European Driving Cycle (NEDC). Due to the more realistic test conditions, the fuel/electricity consumption and CO₂ emission values determined in accordance with the WLTP will, in many cases,… Continue reading @VW Group: In the first six months, Porsche delivers 31 percent more vehicles003505

@VW Group: Forward31 develops new business with Berlin-based start-up aware003502

*Data determined in accordance with the measurement method required by law. As of 1 September 2018 the Worldwide Harmonised Light Vehicles Test Procedure (WLTP) replaced the New European Driving Cycle (NEDC). Due to the more realistic test conditions, the fuel/electricity consumption and CO₂ emission values determined in accordance with the WLTP will, in many cases,… Continue reading @VW Group: Forward31 develops new business with Berlin-based start-up aware003502

New Aston Martin Valhalla supercar revealed with 937bhp hybrid power

The new Aston Martin Valhalla supercar has been unveiled, together with full specifications for what is the first series production mid-engined road car in the brand’s 108-year history. Claimed to be “an extraordinary, truly driver-focused mid-engined hybrid supercar”, the Valhalla has evolved from the initial 2019 concept to a road-ready production model and will define a… Continue reading New Aston Martin Valhalla supercar revealed with 937bhp hybrid power

@VINFAST: VINGROUP JSC : Vinfast and lg chem co-operate for battery production

VinFast Trading and Production Ltd (a subsidiary of Vingroup) and LG Chem Ltd (a subsidiary of South Korean LG Group) on April 5, 2019 officially announced the establishment of their joint-venture company for battery pack production following international standards. The plant is located in VinFast’s Supplier Park in the northern port city of Hải Phòng.… Continue reading @VINFAST: VINGROUP JSC : Vinfast and lg chem co-operate for battery production

@VINFAST: VINGROUP JSC : Vsmart officially distributed in the spain market

On March 20, 2019, VinSmart Company (of Vingroup) officially announced the distribution of Vsmart smartphone models in the Spanish market through the number one European consumer electronics retailer – Media Markt. Determined to bring Vietnamese technology products to conquer the fastidious European market and continue to affirmed the desire to build a famous Vietnamese brand,… Continue reading @VINFAST: VINGROUP JSC : Vsmart officially distributed in the spain market