STUTTGART, Germany, Feb. 19, 2020 /PRNewswire/ — Daimler AG proposes Timotheus Höttges for election to the company’s Supervisory Board. On the basis of a recommendation by the Nomination Committee, the Supervisory Board of Daimler AG has decided to propose to the Annual General Meeting that Timotheus Höttges be elected to the Supervisory Board as a member… Continue reading Daimler AG proposes Timotheus Höttges for election to the Supervisory Board
Tag: Daimler
heycar acquires Honest John website from company administrators
Heycar has completed the acquisition of HonestJohn.co.uk just weeks after the consumer advice website slipped into administration due to “significant cash flow difficulties”. The online car buying marketplace said in a statement issued to AM this afternoon (February 18) that it hoped to cement its intention to “bring greater trust and transparency to the market”… Continue reading heycar acquires Honest John website from company administrators
Exclusive: Tesla in talks to use CATL’s cobalt-free batteries in China-made cars – sources
Beijing (Reuters) – Tesla (TSLA.O) is in advanced stages of talks to use batteries from CATL (300750.SZ) that contain no cobalt – one of the most expensive metals in electric vehicle (EV) batteries – in cars made at its China plant, people familiar with the matter said. FILE PHOTO: A China-made Tesla Model 3 vehicle… Continue reading Exclusive: Tesla in talks to use CATL’s cobalt-free batteries in China-made cars – sources
The Pagani Imola Is a $5.4 million, 827-HP Track-Focused Hypercar – Automobile
Step aside, Huayra BC, because there’s a new Pagani hypercar in town. Meet the Pagani Imola; a limited-run, $5.4 million, track-focused machine from the-comparatively-young Italian automaker. Developed at and named for the Imola circuit in Bologna, Italy, the latest Pagani model combines exorbitant power and a relatively light curb weight to make it a true… Continue reading The Pagani Imola Is a $5.4 million, 827-HP Track-Focused Hypercar – Automobile
Next Kia EV will be ‘super-high-performance’ halo model
Kia‘s next electric vehicle (EV), due to arrive in 2021 based on last year’s Imagine concept, will be a high-end, high-performance showcase for the firm’s future line-up. The zero-emissions model, which will take a new nameplate, will sit above the existing e-Niro and Soul EV crossovers. Adding a third, larger model will help Kia reach its goal of a 6.6% global… Continue reading Next Kia EV will be ‘super-high-performance’ halo model
BMW aims to slash CO2 output by 20% in 2020
FRANKFURT: German high-end carmaker BMW aims to slash the amount of carbon dioxide (CO2) emitted by its cars sold in Europe this year by 20 percent, its chief executive said Wednesday. The pledge comes as new European Union regulations bite this year, requiring carmakers to sharply reduce fleet-wide emissions on pain of massive fines. “We… Continue reading BMW aims to slash CO2 output by 20% in 2020
@Renault: 2019 FINANCIAL RESULTS : Groupe Renault meets its revised targets
Despite a troubled context, Groupe Renault achieved its targets, revised in October, with a 4.8% Group operating margin and a positive Automotive operational free cash flow. Sales at 3.8 million units, down -3.4%. Group revenues down -3.3% to €55,537 million. At constant exchange rates[1], revenues would have been down by -2.7%. Group operating margin of… Continue reading @Renault: 2019 FINANCIAL RESULTS : Groupe Renault meets its revised targets
Renault is preparing a drastic “taboo-free” savings program
Posted Feb 14 2020 at 10:14 am Updated on Feb 14 2020 at 10.49 am Renault ended a dark year in red, a first since the economic crisis of 2009. And his staff does not expect to do much better this year, the coronavirus and the Chinese prospects not helping. It is therefore necessary to… Continue reading Renault is preparing a drastic “taboo-free” savings program
@Hyundai: Essential of A New Driving Life: Open Platform
Connected car innovations are the future we are about to face. The developers’ program run by automakers will be the pioneers. The era of Connectivity has come. Our smartphones can handle everything – from office work to home IoT control. This evolution did not come from just one mighty state-of-the-art technology. It came from various… Continue reading @Hyundai: Essential of A New Driving Life: Open Platform
Daimler CEO Källenius presents future strategy: “The next three years will be a sack full of work”
Annual profit: slumped by a third. The dividend: from 3.25 euros per share to 90 cents. Employee bonuses: plummeted to around EUR 1,000 after around EUR 5,000 the previous year. Daimler’s head of office Ola Källenius, who has been in office since May 2019, has had a catastrophic start – you can’t say it otherwise.… Continue reading Daimler CEO Källenius presents future strategy: “The next three years will be a sack full of work”