Ola Källenius The new mantra of the Daimler CEO is “Margin comes before quantity”. (Photo: dpa) Munich The carmaker has been fighting for two and a half years Daimler with steadily falling profits. The crisis of the Dax group is far from over. As a result of the corona crisis, the Mercedes manufacturer even reported… Continue reading Car maker: Investors praise Daimler CEO: “Källenius ends his predecessor’s dreams”
Tag: Renault
Ghosn probe finds daughter met accused escape accomplice
Carlos Ghosn insists his wife and four adult children played no part in his dramatic escape from Japan in a crate that was smuggled aboard a private plane. “I alone arranged for my departure,” the former Nissan Motor Co. chairman said in January. “My family had no role whatsoever.” But according to evidence gathered by… Continue reading Ghosn probe finds daughter met accused escape accomplice
@Nissan: Nissan Group reports second-quarter 2020 U.S. sales
July 1, 2020 2020 2019 % chg Total Second-Quarter (April-June) 2020 sales (units) 177,328 351,185 -49.5 Nissan Division sales 161,233 322,442 -50.0 INFINITI sales* 16,095 28,743 -44.0 Calendar Year Total sales (units) 434,934 717,036 -39.3 Nissan Division sales 393,281 653,978 -39.9 INFINITI sales* 41,653 63,058 -33.9 NASHVILLE, Tenn. – Nissan Group announced total… Continue reading @Nissan: Nissan Group reports second-quarter 2020 U.S. sales
The Renault Motors factory in Valladolid ends the ERTE this Saturday
VALLADOLID, Jul 18 (EUROPA PRESS) – The Renault Spain Motors factory in Valladolid will end this Saturday, July 18, the Temporary Employment Regulation File (ERTE) that affected its staff from the first days of the state of alarm due to the Coronavirus. As reported by sources from the company to Europa Press, the duration of… Continue reading The Renault Motors factory in Valladolid ends the ERTE this Saturday
The Renault Assembly plant in Valladolid reaches ten million vehicles manufactured
The “emblematic” unit corresponds to a Captur e-TECH acquired in Italy VALLADOLID, Jul 17 (EUROPA PRESS) – The Body and Assembly factory that the automobile company Renault has in Valladolid has manufactured this Friday the 10 millionth vehicle since the firm began its production in the city in 1953. The “emblematic” unit corresponds to a… Continue reading The Renault Assembly plant in Valladolid reaches ten million vehicles manufactured
Ex-Nissan boss Carlos Ghosn says he is helping everyone who stood by him – The Japan Times
Beirut – Former Nissan Motor Co. Chairman Carlos Ghosn is helping everyone who stood by him, he said in an interview broadcast on Saturday, though he declined to comment on cases of people accused of helping him flee to Lebanon from Japan. Ghosn, the ex-chairman of an automaking alliance of Renault SA, Nissan Motor Co.… Continue reading Ex-Nissan boss Carlos Ghosn says he is helping everyone who stood by him – The Japan Times
Recap: Autoliv Q2 Earnings
Shares of Autoliv (NYSE:ALV) fell 1% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share fell 201.45% year over year to ($1.40), which missed the estimate of ($0.85). Revenue of $1,048,000,000 decreased by 51.37% year over year, which missed the estimate of $1,060,000,000. Looking Ahead Earnings guidance hasn’t been issued… Continue reading Recap: Autoliv Q2 Earnings
Exclusive: Nissan plans 30% cut in output to Dec as virus hits demand -sources – Reuters UK
TOKYO (Reuters) – Nissan Motor Co (7201.T) is planning a 30% year-on-year cut in global vehicle production through December as falling demand due to the COVID-19 pandemic complicates its turnaround efforts, two sources with knowledge of the matter told Reuters. FILE PHOTO: A logo of Japan car manufacturer Nissan is pictured at a dealership Kyiv,… Continue reading Exclusive: Nissan plans 30% cut in output to Dec as virus hits demand -sources – Reuters UK
Vauxhall’s Ellesmere Port factory to restart car production after 5 MONTHS – This is Money
Production at Vauxhall’s UK car factory will resume from August 17, exactly five months after owners Groupe PSA closed the shutters on the vehicle plant. The assembly line was forced to stop operating on 17 March, one week before Britain was put into lockdown as global industries closed due to the coronavirus pandemic. But while… Continue reading Vauxhall’s Ellesmere Port factory to restart car production after 5 MONTHS – This is Money
Subsidies Mean This Electric Car Is Literally Free in Germany
Subsidy Party In an effort to pick up plummeted demand for cars back from the ground, European governments are pumping money back into the industry through subsidies. In fact, Bloomberg reports, Germany is currently subsidizing the vehicles so aggressively that leasing the best-selling five-door Renault Zoe EV is now essentially free. Electric Demand As a result… Continue reading Subsidies Mean This Electric Car Is Literally Free in Germany