Mercedes-Benz is reorganizing its sales and is relying less on the previous dealer structure. “We’re going in Germany 15 to 20 percent of the retail space at our locations by 2028,” said Sales Director Britta Seeger (52) of the German Press Agency, after the “Stuttgarter Nachrichten” had previously reported on it. At the same time,… Continue reading German Manager Magazin: Mercedes-Benz: agency model to reduce sales area by a fifth001672
Tag: BMW
@BMW: Natural Fibers for Sustainable Lightweighting: Our Investment in Bcomp001859
We are thrilled to announce our lead investment in the Series B financing round of Bcomp. Bcomp has developed several materials from flax fibers that provide sustainable and lightweight automotive interiors and exteriors including reinforcement grids and coverings. Bcomp’s set of novel material alternatives outperforms conventional natural fiber polypropylene (NFPP) or composite materials across the… Continue reading @BMW: Natural Fibers for Sustainable Lightweighting: Our Investment in Bcomp001859
@BMW: BMW i Ventures invests in high-performance composites made from natural fibres.001859
Munich/Mountain View (California). The BMW Group is deepening its involvement in the field of sustainable, resource-efficient manufacturing of vehicle components made from natural materials. BMW i Ventures, the premium carmaker’s venture capital firm, is now investing in Swiss cleantech company Bcomp, the leading manufacturer of high-performance composites made from natural fibres. At the same time,… Continue reading @BMW: BMW i Ventures invests in high-performance composites made from natural fibres.001859
ACI: the second-hand market still loses its share in March but the car fleet returns to grow due to the sharp drop in radiation
ACI: the second-hand market still loses its share in March but the car fleet returns to grow due to the sharp drop in radiation 05.04.2022 Net braking in March for the second-hand market, both in the car and motorcycle sectors. The changes in ownership of the four wheels net of mini-revolutions (temporary transfers in the… Continue reading ACI: the second-hand market still loses its share in March but the car fleet returns to grow due to the sharp drop in radiation
Qualcomm Completes Acquisition of Arriver Business from SSW Partners
“As we become a key technology partner to the automotive industry, Arriver’s Driver Assistance assets will accelerate our efforts to deliver a leading, ADAS solution as part of our Snapdragon® Digital Chassis™ platform,” said Nakul Duggal, senior vice president and GM, automotive, Qualcomm Technologies, Inc. “We remain committed to offering advanced solutions for all vehicle… Continue reading Qualcomm Completes Acquisition of Arriver Business from SSW Partners
Wiesmann Planning a New Sports Car — “Project Thunderball” – BMWBLOG
Wiesmann is a funky little German sports car maker, known for making traditional front-engine, two-seat sports cars with big engines driving only their rear wheels. For ages, Wiesmann has used BMW engines, with its most recent car — “Project Gecko” — it uses BMW’s 4.4 liter twin-turbo V8. Now, though, Wiesmann has announced a new… Continue reading Wiesmann Planning a New Sports Car — “Project Thunderball” – BMWBLOG
Ineos Grenadier: a striking and rugged off-roader – MoneyWeek
“There’s a new off-roader in town (and country),” says Andrew English in The Daily Telegraph: the Ineos Grenadier, an “eagerly awaited” true utility four-wheel drive (as opposed to mere “lifestyle” SUV) that “aims to take up where Land Rover’s Defender left off”. It makes driving off-road effortless and it is in its element in the… Continue reading Ineos Grenadier: a striking and rugged off-roader – MoneyWeek
Group 1 Automotive Acquires Toyota Dealership in Albuquerque, New Mexico
– Provides Share Repurchase Update HOUSTON, April 4, 2022 /PRNewswire/ — Group 1 Automotive, Inc. (NYSE: GPI) (“Group 1” or the “Company”), an international, Fortune 300 automotive retailer with 202 dealerships located in the U.S. and U.K., today announced the acquisition of Larry H. Miller Toyota in Albuquerque, New Mexico. The dealership, which will be renamed Sandia Toyota,… Continue reading Group 1 Automotive Acquires Toyota Dealership in Albuquerque, New Mexico
German Manager Magazin: Russia: Renault with Avotovaz and Lada could be the first victim of expropriation001665
Well, yes. Only hours after Ukrainian President Volodymyr Zelenskyj (48) left the French carmaker Renault had accused indirectly Russia To finance the war against his country, the company decided to withdraw. The company announced late Wednesday evening that it would stop production in Russia. The Russian authorities are now examining what will happen to the… Continue reading German Manager Magazin: Russia: Renault with Avotovaz and Lada could be the first victim of expropriation001665
Henrik Fisker’s radical plan to take on Tesla
Henrik Fisker’s idea of a decent hotel breakfast is three fried eggs on a large plate, sunny side up. This much I discovered when I met the Danish-born, Californian-based EV entrepreneur in a Park Lane hotel last week – right before he jumped on a flight to Austria to review 47 Fisker Ocean prototypes that… Continue reading Henrik Fisker’s radical plan to take on Tesla