Volkswagen recalls Polo and Seat models

As a buckle could accidentally jump, VW recalls over 400,000 small cars back. Owners of affected vehicles should not use the center seat until the damage is corrected. Friday, 11.05.2018 5:45 pm Volkswagen Recalls 219,000 Polo of the current model year due to problems with rear seatbelt buckles. The defect also affects 191,000 Seat models… Continue reading Volkswagen recalls Polo and Seat models

Daimler builds battery factory in China

Daimler is driving the development of its worldwide electric car production. Together with its Chinese partner BAIC, the German carmaker is building a battery factory in China for more than 650 million euros. Daimler CEO Zetsche (in Beijing) Wednesday, 05.07.2017 15:34 clock For a three-digit million amount builds Daimler a battery plant for electric cars… Continue reading Daimler builds battery factory in China

That’s it, Mr. Zetsche

Li Shufu, head of Chinese automaker Geely, joins Daimler as a major shareholder. Hostile takeover? In fact, the group from Stuttgart could be trimmed with it faster on electric mobility. Geely boss Li Shufu Saturday, 24.02.2018 13:24 clock For weeks it has begun, now it is official. Li Shufu, boss of the Chinese automaker Geely,… Continue reading That’s it, Mr. Zetsche

Daimler puts a billion dollars in US location

Daimler wants to expand the electromobility and is investing in a US location. This puts the group in the ranks of competitors, which also put millions in the US market. Thursday, 21.09.2017 21:19 clock Daimler invests a billion dollars for his electric carPlans in the Mercedes location Tuscaloosa in the US state of Alabama. “A… Continue reading Daimler puts a billion dollars in US location

US tax reform brings Daimler and BMW billions

Too many Mercedes-Benz on 5th Avenue: Just a year ago, Donald Trump threatened German car manufacturers with import duties. However, BMW and Daimler are now benefiting from the tax reform of the US president. Cars from Mercedes-Benz Friday, 22.12.2017 20:59 clock The carmaker Daimler and BMW Expect billions of extra profits for the tax reform… Continue reading US tax reform brings Daimler and BMW billions

Chinese billionaire becomes largest shareholder at Daimler

With a share of over seven billion euros, the boss of Volvo’s mother Geely has participated in Daimler. The Chinese company is counting on the departure from the pure combustion engine. Li Shufu, principal owner of Chinese auto giant Geely Friday, 23.02.2018 19:42 clock The Chinese carmaker Geely makes serious with the billion dollar entry… Continue reading Chinese billionaire becomes largest shareholder at Daimler

Daimler uses its own E-Bus premiere for diesel advertising

Municipalities are fighting for climate-friendly public transport. But Daimler expressed skepticism in the presentation of an electric bus for local transport about its own product – and refers to an alternative. Mercedes electric “Citaro” Monday, 05.03.2018 20:19 clock The car company Daimler is late with the introduction of electric buses. The Stuttgart company was also… Continue reading Daimler uses its own E-Bus premiere for diesel advertising

Daimler works council dissociates itself from right colleagues

Four of the 45 works council members in the Daimler parent plant belong to the right-wing group “Zentrum Automobil”. Now, in a statement, her colleagues openly express her rejection. Daimler plant Untertürkheim (archive) Wednesday, 21.02.2018 13:57 clock The works council of the Daimler-Werks in Untertürkheim has distanced itself in a detailed statement from right-wing members… Continue reading Daimler works council dissociates itself from right colleagues

Lamborghini opens first showroom in Saint Petersburg, Russia, in new corporate design

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Sant'Agata Bolognese/Saint Petersburg, Russia, 21 April 2017 – Automobili Lamborghini officially opened its brand new showroom in Saint Petersburg in the presence of Stefano Domenicali, Chairman and Chief Executive Officer of the company.
Highlight of the event was the unveiling of the Lamborghini Huracán Performante, which recently broke the Nürburgring Nordschleife track record for a production car (6:52.01).
Lamborghini Saint Petersburg is after Moscow the second sales point and the first dealership in Russia with the new Lamborghini corporate design. With the launch of the SSUV Urus by 2018, Russia will increase its importance as a market for Lamborghini, and the new showroom is set to enhance the brand's image in the region.

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Lamborghini opens first showroom in Saint Petersburg, Russia

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Lamborghini inaugura il suo primo showroom a San Pietroburgo

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Faurecia Announces First-Half 2018 Results

AUBURN HILLS, Mich., July 20, 2018 /PRNewswire/ — in €m H1 2017* H1 2018 Change Sales 8,545.2 8,991.3 +10.9%** Operating income 582.7 647.2 +11.1% as % of sales 6.8% 7.2% +40bps Net income, Group share 310.4 342.0 +10.2% Net cash flow 210.5 247.0 +17.3% Net debt at the end of the period 413.8 465.2 +12.4%… Continue reading Faurecia Announces First-Half 2018 Results