Daimler slims down Mercedes management in efficiency drive

FILE PHOTO: Harald Wilhelm, CFO of German luxury car manufacturer Daimler AG, speaks at the annual results news conference in Stuttgart, Germany, February 11, 2020. REUTERS/Andreas Gebert FRANKFURT (Reuters) – German cars and trucks maker Daimler (DAIGn.DE) said it would revamp the management of its finance, production and development portfolios to remove duplicate layers between… Continue reading Daimler slims down Mercedes management in efficiency drive

@Daimler: Mercedes-Benz Unveils AMG-Exclusive Tier for “Mercedes-Benz Collection” Luxury Vehicle Subscription Plan in Atlanta

ATLANTA–(BUSINESS WIRE)–Mercedes-Benz is expanding its Mercedes-Benz Collection luxury vehicle subscription service to include a brand-new tier consisting exclusively of the company’s AMG high performance models. Currently available only in Atlanta, Ga., the AMG-Exclusive tier provides car enthusiasts with unprecedented access to the top echelon of the Mercedes-AMG product line. Mercedes-Benz Collection subscribers who crave style… Continue reading @Daimler: Mercedes-Benz Unveils AMG-Exclusive Tier for “Mercedes-Benz Collection” Luxury Vehicle Subscription Plan in Atlanta

@Daimler: 19. Feb 2020Supervisory Board extends Hubertus Troska’s contract

Member of the Board of Management of Daimler AG. Greater China Hubertus Troska has been a member of the Board of Management of Daimler AG since December 13, 2012. In this function, he is responsible for China activities. Hubertus Troska is also a member of the Supervisory Board of Daimler Truck AG. Appointed until: December… Continue reading @Daimler: 19. Feb 2020Supervisory Board extends Hubertus Troska’s contract

@Daimler: 19. Feb 2020Daimler AG proposes Timotheus Höttges for election to the Supervisory Board

February 19, 2020 – 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 representing the shareholders with effect from the end of the Annual General Meeting held… Continue reading @Daimler: 19. Feb 2020Daimler AG proposes Timotheus Höttges for election to the Supervisory Board

@Daimler: 18. Feb 2020Daimler Trucks with solid 2019 result – 2020 focus on efficiency gains and measures for CO2 neutrality

February 18, 2020 – Daimler Trucks ended the financial year 2019 with a solid result in a challenging environment. In 2020, the division focuses on efficiency gains and measures for CO2 neutrality. With an operating profit (earnings before interest and taxes, EBIT) amounting to 2.5 billion euros, 2019 was the third most successful financial year… Continue reading @Daimler: 18. Feb 2020Daimler Trucks with solid 2019 result – 2020 focus on efficiency gains and measures for CO2 neutrality

Daimler AG proposes Timotheus Höttges for election to the Supervisory Board

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

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