Targets surpassed – Continental enjoyed strong growth and profitability in fiscal 2017 Sales were up 8.5 percent at €44 billion with an adjusted EBIT margin of 10.9 percent Net income increased to €3 billion and earnings up to €14.92 per share Executive Board to propose a dividend increase of 25 cents to €4.50 per share… Continue reading Strong Growth and Excellent Financial Position
Tag: Manufacturing
From vehicle finance provider to mobility service provider: Mercedes-Benz Bank grows with new products
Contract portfolio grows by 12 percent in 2017 to 26.9 billion euros CEO Franz Reiner: “The trend is towards flexible vehicle use and telematics-based billing.” New offers “InScore” and “Mercedes me Flexperience” Stuttgart – The business model of Mercedes-Benz Bank is transforming rapidly due to substantial changes related to customer needs. The traditional car loan… Continue reading From vehicle finance provider to mobility service provider: Mercedes-Benz Bank grows with new products
2016 Production
World Motor Vehicle Production / by manufacturer / by country By country and type / passenger cars / light commercial vehicles / heavy trucks / buses and coaches By manufacturer, make and country Anhui Jac Ashok Leyland Avtovaz Baic BMW Brilliance Byd Changan Chengdu Dayun Changfeng Chery China National Heavy Duty Truck Chongqing Lifan Motor… Continue reading 2016 Production
UPDATE 1-GM plans to expand Bolt EV output, asks Congress to help
WASHINGTON (Reuters) – General Motors Co (GM.N) Chief Executive Mary Barra called on the U.S. Congress on Wednesday to expand a consumer tax credit for electric vehicles as the automaker said it would boost production of its EV Chevrolet Bolt in response to strong demand. CEO of General Motors Mary Barra speaks with energy scholar… Continue reading UPDATE 1-GM plans to expand Bolt EV output, asks Congress to help
Elon Musk enlists Tesla’s all-electric Semi trucks to ship Tesla’s battery packs
“Eat Your Own Dog Food” is an aphorism referring to the Microsoft tradition of using its own software products, but it applies equally well to the first production cargo trip of Tesla’s all-electric truck — which carried battery packs from Tesla’s Gigafactory in Nevada to its car assembly plant in Fremont, Calif. Tesla CEO Elon Musk spotlighted… Continue reading Elon Musk enlists Tesla’s all-electric Semi trucks to ship Tesla’s battery packs
PSA targets more than a million downloads of its carsharing app in late 2018
Launched in February 2017, the PSA Free2Go mobile application currently allows the 650,000 people who downloaded it to instantly access their travel to 22 third-party services in 16 major cities. “By the end of 2018, we will be, for sure to more than a million, we hope to be much more, “Brigitte Courtehoux told Reuters… Continue reading PSA targets more than a million downloads of its carsharing app in late 2018
Electric sportscars blur the need for speed
* Electric supercars have edge on acceleration * Engine, battery performance more important over time -Porsche * Lamborghini sees need to differentiate products in EV era By Andreas Cremer GENEVA, March 7 (Reuters) – Established sports car brands such as Porsche and Lamborghini are losing the speed crown to lesser-known rivals offering electric supercars boasting… Continue reading Electric sportscars blur the need for speed
Aston Martin Lagonda concept car is breathtaking
Sometimes mere photos don’t do justice to the striking nature of an object, and Aston Martin’s Lagonda Vision Concept is one such thing. This concept car is a throwback to the old times when concept designers didn’t have to concern themselves with any measures of practicality or feasibility. It has lush carpets throughout, the seat… Continue reading Aston Martin Lagonda concept car is breathtaking
BMW i4 confirmed for production
BMW has patented this design for a future i model The i4, as imagined by Autocar BMW has confirmed that it will produce an i4 to sit above the i3hatchback in its growing ‘i’ range of electric cars. During the company’s press conference at the Geneva motor show, chairman Harald Krüger said the model, which is expected to arrive close… Continue reading BMW i4 confirmed for production
Pininfarina H2 Speed concept to enter production as track-only hypercar
Pininfarina has confirmed that its hydrogen-powered H2 Speed concept of the 2016 Geneva motor show will make production, for a run of 12 track-only units. The 634bhp H2 Speed, produced with French-Swiss zero-emission propulsion system manufacturer GreenGT, has a top speed of 186mph (300kph). It reaches 62mph (100kph) in 3.4sec (the same as a McLaren 570GT), while torque vectoring tech ensures… Continue reading Pininfarina H2 Speed concept to enter production as track-only hypercar