Harald Kruger The CEO retires after 27 years at BMW. (Photo: Sepp Spiegl) Munich is two weeks Harald Kruger still BMW-Chef, the 16th of August is his last working day. Before his designated successor Oliver Zipse the Transactions in the corporate headquarters takes over, Harald Krüger took stock on Thursday. over the first half of… Continue reading Analysis: Harald Krüger leaves a legacy at BMW with dark sides
Tag: Renault
Analysis: Harald Krüger leaves an ambiguous legacy at BMW
Harald Kruger The CEO retires after 27 years at BMW. (Photo: Sepp Spiegl) Munich is two weeks Harald Kruger still BMW-Chef, the 16th of August is his last working day. Before his designated successor Oliver Zipse the Transactions in the corporate headquarters takes over, Harald Krüger took stock on Thursday. over the first half of… Continue reading Analysis: Harald Krüger leaves an ambiguous legacy at BMW
Nissan Group reports July 2019 U.S. sales
August 1, 2019 July 2019 July 2018 % chg Nissan Group Total sales (units) 98,880 108,792 -9.1 Nissan Division sales 90,220 99,045 -8.9 INFINITI sales* 8,660 9,747 -11.2 NASHVILLE, Tenn. – Nissan Group announced total U.S. sales for July 2019 of 98,880 units, a decrease of 9.1 percent compared to the prior year. Nissan highlights:… Continue reading Nissan Group reports July 2019 U.S. sales
UPDATE 1-Mazda Q1 profit disappoints, hurt by weak U.S., China sales
* Posts worst Q1 operating profit since June 2012 quarter * Mazda’s global vehicle sales down 12% in Q1 * Strong yen vs euro, Australia dollar also hurts profit (Adds results details) By Naomi Tajitsu TOKYO, Aug 1 (Reuters) – Mazda Motor Corp reported a 79% drop in quarterly operating profit, falling significantly short of… Continue reading UPDATE 1-Mazda Q1 profit disappoints, hurt by weak U.S., China sales
Fiat Chrysler defies slowdown thanks to North America performance
MILAN (Reuters) – Fiat Chrysler (FCHA.MI) (FCAU.N) took the market by surprise by sticking to its full-year profit guidance on Wednesday after a strong performance from its RAM pick-up brand in North America helped it to defy an industry slowdown. FILE PHOTO: Fiat Chrysler Automobiles (FCA) unveils the 2019 RAM Power Wagon pick up truck… Continue reading Fiat Chrysler defies slowdown thanks to North America performance
UPDATE 1-Fiat Chrysler maintains guidance thanks to strong North America performance
FILE PHOTO: Fiat Chrysler Automobiles (FCA) unveils the 2019 RAM Power Wagon pick up truck at the North American International Auto Show in Detroit, Michigan, U.S., January 14, 2019. REUTERS/Rebecca Cook/File Photo MILAN (Reuters) – Fiat Chrysler (FCHA.MI) (FCAU.N) stuck to its full-year profit guidance on Wednesday after operating profits topped expectations in the second… Continue reading UPDATE 1-Fiat Chrysler maintains guidance thanks to strong North America performance
Fiat Chrysler confirms year guidance on strong North America performance
MILAN, July 31 (Reuters) – Fiat Chrysler reiterated its full-year profit guidance on Wednesday after operating profits topped expectations in the second quarter, thanks to record results in the North American market. In its first earnings release after a failed attempt to merge with France’s Renault, FCA said its was confident its adjusted earnings before… Continue reading Fiat Chrysler confirms year guidance on strong North America performance
Aston Martin shares plunge to new low as carmaker slumps to half-year loss
LONDON (Reuters) – Shares in Aston Martin (AML.L) plunged 17% to a post-flotation low on Wednesday after the luxury British carmaker slumped to a half-year loss, the latest automotive firm to be hit by falling demand in Europe. FILE PHOTO: An Aston Martin car is seen at the production line at the company’s world headquarters… Continue reading Aston Martin shares plunge to new low as carmaker slumps to half-year loss
Interview: former Mercedes boss Dieter Zetsche – Top Gear
Few people have had as much influence on the cars we drive as Dieter Zetsche. He was chief engineer at Mercedes from the early-1990s, responsible for a rapid expansion in the model range. He was made boss of the merged DaimlerChrysler organisation, and boss of the Daimler Group since the two split. A quarter century. We… Continue reading Interview: former Mercedes boss Dieter Zetsche – Top Gear
Ex-Daimler Boss Says A Car’s Engine Is Not A Differentiator Anymore – Motor1.com
Mercedes is now using Renault engines in some models. Daimler CEO Dieter Zetsche stepped down earlier this year, departing after more than 40 years at the company, 13 of which were at Daimler’s helm. In a wide-ranging post-employment interview with Top Gear, Zetsche makes a bold assertion that’ll undoubtedly ruffle the feathers of enthusiasts –… Continue reading Ex-Daimler Boss Says A Car’s Engine Is Not A Differentiator Anymore – Motor1.com