Daimler cuts dividend as fourth-quarter Mercedes earnings take tariff hit

STUTTGART (Reuters) – Daimler cut its dividend as fourth-quarter operating profit fell 22 percent as trade wars and rising costs for developing electric and self-driving cars hit profits at Mercedes-Benz cars, the company said on Wednesday. Daimler AG CEO Dieter Zetsche, CFO Bodo Uebber, Martin Daum, head of Daimler’s truck and bus division and Joerg… Continue reading Daimler cuts dividend as fourth-quarter Mercedes earnings take tariff hit

Daimler eliminates dividends and premiums

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Toyota expects less profit

‘,e.appendChild(e.resizeSensor),e.resizeSensor.offsetParent!==e&&(e.style.position=”relative”);var r,s,d,a,l=e.resizeSensor.childNodes[0],c=l.childNodes[0],u=e.resizeSensor.childNodes[1],h=e.offsetWidth,f=e.offsetHeight,m=function(){c.style.width=”100000px”,c.style.height=”100000px”,l.scrollLeft=1e5,l.scrollTop=1e5,u.scrollLeft=1e5,u.scrollTop=1e5};m();var p=function(){s=0,r&&(h=d,f=a,e.resizedAttached&&e.resizedAttached.call())},v=function(){d=e.offsetWidth,a=e.offsetHeight,(r=d!=h||a!=f)&&!s&&(s=t(p)),m()},y=function(e,t,n){e.attachEvent?e.attachEvent(“on”+t,n):e.addEventListener(t,n)};y(l,”scroll”,v),y(u,”scroll”,v)}}(e,o)}),this.detach=function(e){n.detach(i,e)}};return n.detach=function(t,n){e(t,function(e){e&&(e.resizedAttached&&”function”==typeof n&&(e.resizedAttached.remove(n),e.resizedAttached.length())||e.resizeSensor&&(e.contains(e.resizeSensor)&&e.removeChild(e.resizeSensor),delete e.resizeSensor,delete e.resizedAttached))})},n}),function(e,t){“function”==typeof define&&define.amd?define([“./ResizeSensor.js”],t):”object”==typeof exports?module.exports=t(require(“./ResizeSensor.js”)):(e.ElementQueries=t(e.ResizeSensor),e.ElementQueries.listen())}(“undefined”!=typeof window?window:this,function(e){var t=function(){function n(e){e||(e=document.documentElement);var t=window.getComputedStyle(e,null).fontSize;return parseFloat(t)||16}function i(e,t){var i=t.split(/d/),o=i[i.length-1];switch(t=parseFloat(t),o){case”px”:return t;case”em”:return t*n(e);case”rem”:return t*n();case”vw”:return t*document.documentElement.clientWidth/100;case”vh”:return t*document.documentElement.clientHeight/100;case”vmin”:case”vmax”:var r=document.documentElement.clientWidth/100,s=document.documentElement.clientHeight/100;return t*(0,Math[“vmin”===o?”min”:”max”])(r,s);default:return t}}function o(t,n){t.elementQueriesSetupInformation?t.elementQueriesSetupInformation.addOption(n):(t.elementQueriesSetupInformation=new function(e){this.element=e,this.options={};var t,n,o,r,s,d,a,l=0,c=0;this.addOption=function(e){var t=[e.mode,e.property,e.value].join(“,”);this.options[t]=e};var u=[“min-width”,”min-height”,”max-width”,”max-height”];this.call=function(){for(t in l=this.element.offsetWidth,c=this.element.offsetHeight,s={},this.options)this.options.hasOwnProperty(t)&&(n=this.options[t],o=i(this.element,n.value),r=”width”==n.property?l:c,a=n.mode+”-“+n.property,d=””,”min”!=n.mode||o>r||(d+=n.value),”max”!=n.mode||r>o||(d+=n.value),s[a]||(s[a]=””),d&&-1===(” “+s[a]+” “).indexOf(” “+d+” “)&&(s[a]+=” “+d));for(var e in u)u.hasOwnProperty(e)&&(s[u[e]]?this.element.setAttribute(u[e],s[u[e]].substr(1)):this.element.removeAttribute(u[e]))}}(t),t.elementQueriesSetupInformation.addOption(n),t.elementQueriesSensor=new e(t,function(){t.elementQueriesSetupInformation.call()})),t.elementQueriesSetupInformation.call(),l&&c.indexOf(t)o[e].minWidth&&(n=e);if(n||(n=s),d!=n)if(a[n])i[d].style.display=”none”,i[n].style.display=”block”,d=n;else{var l=new Image;l.onload=function(){i[n].src=r[n],i[d].style.display=”none”,i[n].style.display=”block”,a[n]=!0,d=n},l.src=r[n]}else i[n].src=r[n]}var i=[],o=[],r=[],s=0,d=-1,a=[];for(var u in t.children)if(t.children.hasOwnProperty(u)&&t.children[u].tagName&&”img”===t.children[u].tagName.toLowerCase()){i.push(t.children[u]);var h=t.children[u].getAttribute(“min-width”)||t.children[u].getAttribute(“data-min-width”),f=t.children[u].getAttribute(“data-src”)||t.children[u].getAttribute(“url”);r.push(f);var m={minWidth:h};o.push(m),h?t.children[u].style.display=”none”:(s=i.length-1,t.children[u].style.display=”block”)}d=s,t.resizeSensor=new e(t,n),n(),l&&c.push(t)}function d(e){var t,n,i,o,r,s;for(e=e.replace(/’/g,’”‘);null!==(t=h.exec(e));)for(n=t[1]+t[3],attrs=t[2];null!==(attrMatch=f.exec(attrs));)i=n,o=attrMatch[1],r=attrMatch[2],s=attrMatch[3],void 0===u[o]&&(u[o]={}),void 0===u[o][r]&&(u[o][r]={}),void 0===u[o][r][s]?u[o][r][s]=i:u[o][r][s]+=”,”+i}function… Continue reading Toyota expects less profit

Audi unveils lightly facelifted TT RS

Introduced in 1998, the TT has been a mainstay of the Audi line-up for more than 20 years. But with buyer preferences having swung firmly in the direction of its SUV models and Audi directing €14 billion (£12.3 billion) into electric car development over the next five years, serious doubts hang over its future. An earlier… Continue reading Audi unveils lightly facelifted TT RS

Car manufacturer: Volkswagen CEO Ulrich Selzer is Germany CEO of Opel

Opel plant in Rüsselsheim His career in the auto industry Selzer began in 1993 at Opel as a product manager for the models Corsa and Tigra. (Photo: AP) Ruesselsheim The car maker Opel gets a new Germany boss on April 1st: VolkswagenManager Ulrich Selzer (54) takes over the post of Jürgen Keller (53) as the… Continue reading Car manufacturer: Volkswagen CEO Ulrich Selzer is Germany CEO of Opel

Bet everything on electric: Inside Volkswagen’s radical strategy shift

WOLFSBURG, Germany (Reuters) – If Volkswagen realizes its ambition of becoming the global leader in electric cars, it will be thanks to a radical and risky bet born out of the biggest calamity in its history. FILE PHOTO: An autonomous Volkswagen I.D. Crozz concept vehicle is shown at the Los Angeles Auto Show in Los… Continue reading Bet everything on electric: Inside Volkswagen’s radical strategy shift

Toyota revises its ambitions down

The turbulence remains topical for the Japanese automotive giant Toyota, which has long been the world’s number one, but now figure on the third step of the podium behind the Renault-Nissan-Mitsubishi Motors and Volkswagen alliance. The Japanese group lowered its forecast of annual net profit on Wednesday. A decision following the fall of 29% of… Continue reading Toyota revises its ambitions down

China’s CATL, Honda plan to co-operate on EV battery development

TOKYO (Reuters) – Contemporary Amperex Technology Ltd and Honda Motor have signed an agreement to co-operate on jointly developing lithium ion batteries for electric vehicles, as China’s top EV battery maker expands its tie-ups with Japanese automakers. CATL said on Tuesday it had signed a memorandum of understanding with Honda under which it would guarantee… Continue reading China’s CATL, Honda plan to co-operate on EV battery development

Polestar will reveal its first all-electric car on February 27th

Polestar Polestar was hyping up its first all-electric car even before its first car of any kind was ready, but now it’s finally prepared to show its hand. The company has announced that it’s revealing the Polestar 2 through a live online event on February 27th at 7AM Eastern. Sorry, that means no in-person looks… Continue reading Polestar will reveal its first all-electric car on February 27th

Compact Sports Cars in Peak Form: The New Audi TT RS Coupé and the New Audi TT RS Roadster

Audi Sport hones the top model of the TT model series: With an even more dynamic look, the new TT RS (combined fuel consumption l/100 km: 8,1 – 7,9 [29.0 – 29.8 US mpg]; combined CO2 emissions in g/km: 183 – 181 [294.5 – 291.3 g/mi]*) showcases with confidence what it has to offer. Its… Continue reading Compact Sports Cars in Peak Form: The New Audi TT RS Coupé and the New Audi TT RS Roadster