Daimler board backs strategy, staff fund planned

File Image BERLIN: The supervisory board of German automaker Daimler agreed on Thursday to back a strategic plan to cut fixed costs, capex and R&D spending and announced a new transformation fund for staff worth 1 billion euros ($1.22 billion) up until 2025. Daimler said in a statement that the supervisory board had given its… Continue reading Daimler board backs strategy, staff fund planned

Volvo Trucks leads electrification of North American trucking industry with commercialization of Volvo VNR Electric model

GÖTEBORG, Sweden, Dec. 3, 2020 /PRNewswire/ — Volvo Trucks North America today announced the commercial introduction and sales start of its zero tailpipe emission, battery-electric vehicle to the North American market. The Class 8 Volvo VNR Electric truck model has a scheduled production start in early 2021. In a critical step toward realizing the organization’s vision… Continue reading Volvo Trucks leads electrification of North American trucking industry with commercialization of Volvo VNR Electric model

GM CEO Barra defends the company’s pickup production despite its EV push

In a nearly hour-long interview on the Freakonomics Radio podcast, General Motors CEO Mary Barra talks about the automaker’s electric vehicle strategy and President Donald Trump, among many other topics. One of the main subjects is GM’s aggressive push to bring electric vehicles to market faster than it anticipated.  But Stephen Dubner, host of Freakonomics Radio, pointed out that despite GM’s… Continue reading GM CEO Barra defends the company’s pickup production despite its EV push

@VW Group: 115 years of automotive engineering in Mladá Boleslav: In December 1905 Laurin & Klement presented the Voiturette A

When the first automobile rolled out of the Laurin & Klement factory halls in Mladá Boleslav, the company could already look back on ten years of business success: the production of its own bicycles under the SLAVIA brand had begun in 1895 under the leadership of Václav Laurin and Václav Klement. On 18 November 1899,… Continue reading @VW Group: 115 years of automotive engineering in Mladá Boleslav: In December 1905 Laurin & Klement presented the Voiturette A

@VW Group: Porsche and Siemens Energy, with partners, advance climate-neutral eFuels development

12/02/2020 Porsche, Siemens Energy and a lineup of international companies are developing and implementing a pilot project in Chile that is expected to yield the world’s first integrated, commercial, industrial-scale plant for making synthetic climate-neutral fuels (eFuels). In the pilot phase, around 130,000 liters of eFuels will be produced as early as 2022. In two further… Continue reading @VW Group: Porsche and Siemens Energy, with partners, advance climate-neutral eFuels development

German Manager Magazin: Bernd Pischetsrieder as Chairman of the Daimler Supervisory Board: The last solution000383

Since taking office as Daimler-Boss tries Ola Källenius (51) as a green visionary. The group should be climate neutral by 2039. It goes without saying that “electric first” applies to all models. But while the CEO is building a more modern future, part of his supervisory body looked rather yesterday. The man who is largely… Continue reading German Manager Magazin: Bernd Pischetsrieder as Chairman of the Daimler Supervisory Board: The last solution000383

Gubagoo Releases Revolutionary Automotive Digital Retailing Platform

Powering Asbury Automotive’s new eCommerce offering ‘Clicklane’, Virtual Retailing 2.0 is now available to dealers nationwide. BOCA RATON, Fla., Dec. 3, 2020 /PRNewswire/ — Gubagoo – the leading provider of digital retailing, conversational commerce, chat, and messaging solutions for Automotive Dealerships – announced a powerful new release of its industry-leading Virtual Retailing platform. With online car sales soaring across the nation, there has… Continue reading Gubagoo Releases Revolutionary Automotive Digital Retailing Platform

Daimler’s Supervisory Board gives its full backing to business plan 2021-2025

STUTTGART, Germany, Dec. 3, 2020 /PRNewswire/ —  Daimler to accelerate the transformation towards electrification and digitization Investment plan of more than €70 billion confirmed Board of Management and General Works Council launch a new transformation fund with a value of €1 billion The Supervisory Board of Daimler AG has given its full backing to the… Continue reading Daimler’s Supervisory Board gives its full backing to business plan 2021-2025

@Daimler: 03. Dec 2020Proposals for new appointments to the Daimler Supervisory Board and for its chair

December 03, 2020 – The Supervisory Board of Daimler AG is facing significant personnel changes. At the end of the Annual Shareholders’ Meeting on March 31, 2021, the term of office of the longstanding Chairman, Manfred Bischoff, will expire and he will step down from the Supervisory Board. With him, Petraea Heynike and Jürgen Hambrecht… Continue reading @Daimler: 03. Dec 2020Proposals for new appointments to the Daimler Supervisory Board and for its chair

Proposals for new appointments to the Daimler Supervisory Board and for its chair

STUTTGART, Germany, Dec. 3, 2020 /PRNewswire/ — The Supervisory Board of Daimler AG is facing significant personnel changes. At the end of the Annual Shareholders’ Meeting on March 31, 2021, the term of office of the longstanding Chairman, Manfred Bischoff, will expire and he will step down from the Supervisory Board. With him, Petraea Heynike and… Continue reading Proposals for new appointments to the Daimler Supervisory Board and for its chair