DPA “We can not and will not be satisfied with this”: Daimler CEO Dieter Zetsche It’s his last year’s record as a Daimler boss, and that’s not good. Dieter Zetsche has to announce a significant drop in profits with stagnant sales for 2018. The outlook is not optimistic: The significantly lower return on the passenger… Continue reading Daimler cuts dividend after profit slump: Dieter Zetsche last year’s balance sheet disappointed
Tag: Renault
Car manufacturer: Mercedes is struggling with production problems in Mexico
Mercedes A-Class Compact cars such as the A-Class have helped Mercedes grow a lot in recent years. (Photo: Bloomberg) StuttgartEvery fourth vehicle, the Mercedes Benz sold worldwide, is a compact car. The segment with models such as the A-Class, the CLA or the B-Class has in recent years contributed to the enormous growth of the… Continue reading Car manufacturer: Mercedes is struggling with production problems in Mexico
China sales buoy Toyota’s profit, but U.S. weakness persists
TOKYO (Reuters) – Toyota Motor Corp’s quarterly profit edged up as demand for its bread-and-butter car models from cost-conscious Chinese buyers helped offset bleak North American sales, although the firm’s shares slipped as it cut its annual net income outlook. FILE PHOTO: The Toyota logo is seen on the bonnet of a newly launched Camry… Continue reading China sales buoy Toyota’s profit, but U.S. weakness persists
Ghosn bets on PR offensive to shift narrative from jail – Nikkei Asian Review
TOKYO — Carlos Ghosn, who has gone from heading the world’s biggest auto alliance to awaiting trial in Japan, has mounted a full-fledged offensive against the prosecutors’ case through a media campaign designed to influence public opinion. The 64-year-old former Nissan Motor chairman did two consecutive interviews in the past week — one with Nikkei… Continue reading Ghosn bets on PR offensive to shift narrative from jail – Nikkei Asian Review
Renault-Nissan to work with Google’s Waymo on driverless cars
TOKYO: The three-way alliance of Renault, Nissan and Mitsubishi Motors is planning a deal to work with Google’s Waymo to jointly develop self-driving taxis, Japan’s Nikkei said Tuesday. The three automakers are finalising tie-up negotiations with Waymo, a Google-affiliated developer of self-driving car technology, the business daily said on its website. The two sides are… Continue reading Renault-Nissan to work with Google’s Waymo on driverless cars
Toyota revises its ambitions down
The turbulence remains topical for the Japanese automotive giant Toyota, which has long been the world’s number one, but now figure on the third step of the podium behind the Renault-Nissan-Mitsubishi Motors and Volkswagen alliance. The Japanese group lowered its forecast of annual net profit on Wednesday. A decision following the fall of 29% of… Continue reading Toyota revises its ambitions down
Van: Nissan NV200 is offered only as an electric version
The Nissan vans NV200 is no longer available as a diesel model from the summer of 2019. Then only the electric version eNV200 for Europe will be produced. February 6, 2019, 7:11 am, Andreas Donath Nissan e-NV200 (Photo: Nissan) The Japanese manufacturer Nissan builds its Van NV200 from summer only in an electric version. The… Continue reading Van: Nissan NV200 is offered only as an electric version
China’s CATL, Honda plan to co-operate on EV battery development
TOKYO (Reuters) – Contemporary Amperex Technology Ltd and Honda Motor have signed an agreement to co-operate on jointly developing lithium ion batteries for electric vehicles, as China’s top EV battery maker expands its tie-ups with Japanese automakers. CATL said on Tuesday it had signed a memorandum of understanding with Honda under which it would guarantee… Continue reading China’s CATL, Honda plan to co-operate on EV battery development
Angry Letters and Lawyers: Nissan, Renault Duel After Ghosn Arrest – The Wall Street Journal
Tensions stemming from the investigation into auto-industry titan Carlos Ghosn are hampering efforts at Renault SA and Nissan Motor Co. to shore up their globe-spanning alliance. In recent weeks the two car makers have taken steps to restore the trust that people at both companies say was lost on Nov. 19 when Mr. Ghosn, then… Continue reading Angry Letters and Lawyers: Nissan, Renault Duel After Ghosn Arrest – The Wall Street Journal
EXCLUSIVE PSA should soon break the threshold of 50,000 employees in France
PSA continues its cure. This year again, the French car manufacturer intends to reduce its workforce in France – a little less than during the past year and still without dry or forced layoffs. According to our information, the objective of the group management is to obtain by the end of December 1,900 voluntary departures,… Continue reading EXCLUSIVE PSA should soon break the threshold of 50,000 employees in France