Category: OEMs

Statement of Rick Schostek, Executive Vice President Honda North America, Inc. before the U.S. Subcommittee on Consumer Protection, Product Safety, Insurance and Data Security March 20, 2018

Thank you, Mr. Chairman, Ranking Member Blumenthal and members of the subcommittee. My name is Rick Schostek, executive vice president of Honda North America, Inc. It has been more than two and a half years since I last appeared before the full Commerce Committee. I want to thank you for this opportunity to update you… Continue reading Statement of Rick Schostek, Executive Vice President Honda North America, Inc. before the U.S. Subcommittee on Consumer Protection, Product Safety, Insurance and Data Security March 20, 2018

Groupe PSA Invests in Valenciennes to Produce Automatic Transmission under Aisin AW License

RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: To meet the increasing demand of automatic gearboxes, Groupe PSA (Paris:UG) has entered into a license agreement with Aisin AW in order to produce the EAT6 gearbox in France. Until now this gearbox was manufactured by Aisin and imported from Japan. The competitiveness of the Valenciennes production plant, combined with its… Continue reading Groupe PSA Invests in Valenciennes to Produce Automatic Transmission under Aisin AW License

Upgrade Connected Features on Your Older-Model Ford with New FordPass SmartLink™, Available Nationwide Mid-2018

FordPass SmartLink enables owners of non-modem-equipped 2010-17 Ford vehicles to extend the range of their key fob to their smartphone; it provides a Wi-Fi hotspot, plus vehicle health, security and location alerts Components of FordPass SmartLink include a Verizon 4G LTE-enabled OBD II plug-in device and smartphone control through FordPass FordPass SmartLink enrollment is now… Continue reading Upgrade Connected Features on Your Older-Model Ford with New FordPass SmartLink™, Available Nationwide Mid-2018

BMW Group Annual Report 2017

Do you need help? Please contact our support team from 9 to 17 CET via support.pressclub@bmwgroup.com. PressClub Global · Article. Wed Mar 21 10:03:54 CET 2018 Press Release Top BMW Group Annual Report 2017 Attached please find the Annual Report 2017 for download. The Annual Accounts Press Conference will be held on 21 March 2018… Continue reading BMW Group Annual Report 2017

BMW Group stepping up the pace

Munich. The BMW Group is stepping up the pace in its drive to shape tomorrow’s mobility. Two years after the launch of Strategy NUMBER ONE > NEXT, the BMW Group intends to increase upfront expenditure on research and development to an all-time high in 2018, while at the same time remaining steadily on course for a ninth record-breaking… Continue reading BMW Group stepping up the pace

Quandt heirs receive a billion euro dividend

The billion-euro profit of BMW also pays off for the major shareholders Stefan Quandt and Susanne Klatten. The siblings get a generous payout. The workforce also benefits. Susanne Klatten, Stefan Quandt Wednesday, 21.03.2018 14:27 The siblings Stefan Quandt and Susanne Klatten received from BMW shortly 1.1 billion euros in the account. Background: The car company… Continue reading Quandt heirs receive a billion euro dividend

Porsche shootout

The sixth episode of the ‘Porsche Top 5’ YouTube series takes viewers to an abandoned airfield. In this barren environment, five exceptional Porsche sports cars have been brought together to discover which is the fastest to accelerate from 0 to 100km/h.

Volkswagen is reinforcing its SUV campaign in the USA by adding another model

News Press Release News Brand Wolfsburg, 20 March 2018 Volkswagen is reinforcing its SUV campaign in the USA by adding another model After the successful market launch of the Atlas on the American market, Volkswagen is extending its model range with another SUV. This new SUV is based on the Atlas, has five seats and… Continue reading Volkswagen is reinforcing its SUV campaign in the USA by adding another model