Tag: Daimler

Group 1 Automotive Appoints Mark Raban as CEO of U.K. Operations

HOUSTON and LONDON, Oct. 1, 2024 /PRNewswire/ — Group 1 Automotive, Inc. (NYSE: GPI) (“Group 1” or the “Company”), a Fortune 250 automotive retailer with 260 dealerships located in the U.S. and U.K., announced the appointment of Mark Raban as Chief Executive Officer (“CEO”) of Group 1 Automotive U.K. Raban brings more than 20 years of… Continue reading Group 1 Automotive Appoints Mark Raban as CEO of U.K. Operations

Clean Technica: Top Automakers in US for Share of Their Sales Being Electric — Charts003630

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! After three other US auto market reports for the 2nd quarter of 2024, I’m on to the last one, and it’s my favorite one. This one looks at the share of different auto brands’ and auto groups’ sales that… Continue reading Clean Technica: Top Automakers in US for Share of Their Sales Being Electric — Charts003630

European auto stocks erase USD 10 billion after Stellantis warning: Report 

European auto stocks fell nearly 4% on Monday, as a warning from Volkswagen, Aston Martin and Stellantis stoked concerns around the sector’s earnings outlook. This comes against the backdrop of a year marked by Chinese competition, and a slowdown in demand, Reuters reported.  The rout erased roughly USD 10 billion from the market value of… Continue reading European auto stocks erase USD 10 billion after Stellantis warning: Report 

German FAZ: Equal pay lawsuit against Daimler Truck007796

Doesn’t the principle “equal pay for equal work” also apply to a large corporation like Daimler Truck? A high-ranking manager of the commercial vehicle manufacturer is fighting on Tuesday before the Baden-Württemberg State Labor Court (LAG) for the same pay as her male colleagues (ref. 2 Sa 14/24). The plaintiff has been employed by the… Continue reading German FAZ: Equal pay lawsuit against Daimler Truck007796

German FAZ: Car manufacturer Stellantis shocks the stock market007795

It’s not just Volkswagen that is suffering from the growing competitive pressure on the global car market. Stellantis, Europe’s second largest volume manufacturer with brands such as Peugeot, Opel and Fiat, also issued a warning shot on Monday and revised its financial targets downwards. Instead of at least ten percent, only a profit margin of… Continue reading German FAZ: Car manufacturer Stellantis shocks the stock market007795

German FAZ: Car manufacturer Stellantis shocks the stock market007795

It’s not just Volkswagen that is suffering from the growing competitive pressure on the global car market. Stellantis, Europe’s second largest volume manufacturer with brands such as Peugeot, Opel and Fiat, also issued a warning shot on Monday and revised its financial targets downwards. Instead of at least ten percent, only a profit margin of… Continue reading German FAZ: Car manufacturer Stellantis shocks the stock market007795

German FAZ: Car manufacturer Stellantis shocks the stock market007795

It’s not just Volkswagen that is suffering from the growing competitive pressure on the global car market. Stellantis, Europe’s second largest volume manufacturer with brands such as Peugeot, Opel and Fiat, also issued a warning shot on Monday and revised its financial targets downwards. Instead of at least ten percent, only a profit margin of… Continue reading German FAZ: Car manufacturer Stellantis shocks the stock market007795

German FAZ: Car manufacturer Stellantis shocks the stock market007795

It’s not just Volkswagen that is suffering from the growing competitive pressure on the global car market. Stellantis, Europe’s second largest volume manufacturer with brands such as Peugeot, Opel and Fiat, also issued a warning shot on Monday and revised its financial targets downwards. Instead of at least ten percent, only a profit margin of… Continue reading German FAZ: Car manufacturer Stellantis shocks the stock market007795