Tag: Daimler

BEV market share in Europe rises to 17.4% in November

Monthly registrations of new passenger cars in Europe in November declined by 1.7% year on year. According to data from JATO Dynamics, 1,054,043 units were registered across 28 European markets in November, taking the year-to-date volume of new vehicle registrations to 11,847,573 units, an increase of just 0.8% compared to the corresponding period last year.… Continue reading BEV market share in Europe rises to 17.4% in November

German FAZ: Mercedes-Benz cancels salary increases for managers008419

The mood of crisis in the German economy also has consequences for managers at the ailing car manufacturer Mercedes-Benz. The company will cancel salary increases and home offices for its managers next year, a spokesman said. The goal is to make Mercedes-Benz even more weatherproof and successful in the long term, said a company spokesman.… Continue reading German FAZ: Mercedes-Benz cancels salary increases for managers008419

German FAZ: Mechanical engineering company Manz wants to file for bankruptcy008418

Manz said the insolvency was triggered by the decision of lenders not to provide any further funds. In recent weeks, the board has held intensive discussions with several capital providers and investors for new equity and debt capital. Regardless of the step that is now necessary, the board is continuing discussions with potential investors. In… Continue reading German FAZ: Mechanical engineering company Manz wants to file for bankruptcy008418

German FAZ: Veganz secures old and new money008417

The story of the Veganz company has been told a lot. It is a pioneering achievement and has many personal ups and downs. The producer and major distributor of vegan products was founded by the former car manager Jan Bredack. He initially trained as a car mechanic, then had a promising career in the Daimler… Continue reading German FAZ: Veganz secures old and new money008417

Jeep Wrangler

Through bends, the Wrangler’s handling manners are entirely predictable: it’s a large car that feels its height and weight; pitches in with plenty of body roll; and has limited front-end grip with which to prevent its bluff nose from wandering progressively into understeer if you hurry it along. But nearly all of these criticisms are… Continue reading Jeep Wrangler