STUTTGART, Germany, Dec. 2, 2021 /PRNewswire/ — Under the leadership of Marcus Breitschwerdt (60), currently Head of Mercedes–Benz Vans, all aspects of brand and corporate heritage incl. the Mercedes–Benz Museum, as well as all business activities in the Classic area will be realigned on January 1, 2022. He will pass his current role as Head of… Continue reading Change in Leadership at Mercedes-Benz Vans and Realignment of the Heritage of Mercedes-Benz
Category: Newswire
Grammer investing in more sustainable products: Alternative materials and lightweight design improving economic footprint
Raw materials account for up to 70 percent of the carbon footprint of products Partnership forged with the Institute of Plastics and Circular Economy at Leibniz University Hannover, Germany: advice on materials, support for life cycle assessments Grammer AG, December 2, 2021 – Hemp, wood and flax as the basis for biopolymers (plastics made… Continue reading Grammer investing in more sustainable products: Alternative materials and lightweight design improving economic footprint
GAC at the Auto Guangzhou 2021: New Models, New Energy
Part of the GAC vision for the future is the GLASS green development plan. GAC Group is committed to making its whole product lifecycle carbon neutral by 2050 (2045 if possible). In the nearer future, plans are in place to complete GAC Aion’s first zero carbon plant in 2023. By 2030, GAC Group has set… Continue reading GAC at the Auto Guangzhou 2021: New Models, New Energy
Dana Incorporated Names New Chief Financial Officer
MAUMEE, Ohio, Dec. 1, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today announced the appointment of Dana veteran Timothy R. Kraus as senior vice president and chief financial officer. Mr. Kraus succeeds Jonathan Collins, who will be leaving Dana to become CFO of Clarivate plc (NYSE: CLVT), a world-leading information and analytics provider. Mr. Collins will… Continue reading Dana Incorporated Names New Chief Financial Officer
Subaru Of America, Inc. Reports November Sales
“As we head into the final month of the year, we are thankful for our retailers, whose sales efficiency is absolutely unparalleled. Like other automakers, our vehicle production has been impacted by the global semi-conductor chip shortage, but our top priority is meeting the demand for Subaru vehicles,” said Thomas J. Doll, President and CEO,… Continue reading Subaru Of America, Inc. Reports November Sales
World NM: VW CEO Herbert Diess Shows Good Mood After Manager Meeting, Company Is Doing Well001661
Last week, Volkswagen’s top management had a meeting behind closed doors, and one of the topics that were discussed was keeping Herbert Diess as CEO despite clashes with union representatives. The company’s executives also talked about their five-year investment plan, along with the future of the Wolfsburg plan… (continue reading…) Go to Source
World NM: Indian CARS24 raises $20m from the Commercial Bank of Dubai001661
India-based automotive e-commerce platform CARS24 raised 75 million dirham ($20 million) in local debt funding from the Commercial Bank of Dubai. The debt funding fuels the company’s operational expansion in the UAE and provides it with significant funding flexibility, Wamda reported. The funding came following CARS24 ‘s $450 million funding round last September, and its announcement… Continue reading World NM: Indian CARS24 raises $20m from the Commercial Bank of Dubai001661
Hyundai Motor America Reports November 2021 Sales
FOUNTAIN VALLEY, Calif., Dec. 1, 2021 /PRNewswire/ — Hyundai Motor America reported total November sales of 44,345 units, a 20% decrease compared with November 2020. Hyundai eco-friendly vehicle total sales grew 165%, including November records for Nexo and Ioniq plug-in hybrid. SUV sales represented 76% of the total sales mix. Hyundai fleet sales were down… Continue reading Hyundai Motor America Reports November 2021 Sales
MKD sets up JV in Electric Trucks arena
SHANGHAI, Dec. 1, 2021 /PRNewswire/ — Molecular Data Inc. (NASDAQ: MKD) has announced a joint venture (JV) with GY Energy Tech (a company funded by several PRC Energy SOEs). The JV will help diesel trucks to be replaced with more efficient new energy trucks (“truck battery separation” mode). The JV will involve constructions of stations… Continue reading MKD sets up JV in Electric Trucks arena
Kia America Beats Annual Sales Record With One Month Left In 2021 Calendar
“Breaking the all-time annual sales record with one month left in the sales cycle is concrete proof that demand for Kia vehicles is on the rise and has been throughout the year,” said Eric Watson, vice president, sales operations, Kia America. “With the all-new Kia EV6 arriving soon and the Sportage, including hybrid and plug-in hybrid… Continue reading Kia America Beats Annual Sales Record With One Month Left In 2021 Calendar