German Handelsblatt: Automaker: Kuwait sells Mercedes shares for almost 1.4 billion euros006633

Kuwait verkauft Mercedes-Anteile Mercedes-Zentrale in Stuttgart-Untertürkheim: Durch den Teilrückzug des kuwaitischen Staatsfonds verändert sich die Eigentümerstruktur etwas. (Foto: dpa) Der kuwaitische Staatsfonds bläst nach fast fünf Jahrzehnten zum Teilrückzug beim Stuttgarter Autobauer Mercedes-Benz. Die Kuwait Investment Authority warf über Nacht 20 Millionen Mercedes-Benz-Papiere auf den Markt und reduzierte ihren Anteil von bisher 6,8 auf knapp unter… Continue reading German Handelsblatt: Automaker: Kuwait sells Mercedes shares for almost 1.4 billion euros006633

The EV Transition Is Harder Than Anyone Thinks

Volvo Cars CEO Jim Rowan boldly proclaims that electric vehicles will reach price parity with internal-combustion-engine (ICE) vehicles by 2025. Not likely, counter Mercedes-Benz’s chief technology officer Markus Schäfer and Renault Group CEO Luca de Meo. The International Energy Agencypredicts that EVs will make up more than 60 percent of vehicles sold globally by 2030.… Continue reading The EV Transition Is Harder Than Anyone Thinks

Europa Wire: Husqvarna partners with Volvo Car Scandinavian Mixed 2023 golf tournament000525

Husqvarna partners with Volvo Car Scandinavian Mixed 2023 golf tournament (IN BRIEF) Husqvarna has partnered with the Volvo Car Scandinavian Mixed 2023 golf tournament as the main sponsor, expanding its brand into the golf industry and positioning itself as a leader in autonomous green space technology. Robotic mowers provide a cost-effective way to maintain golf… Continue reading Europa Wire: Husqvarna partners with Volvo Car Scandinavian Mixed 2023 golf tournament000525

German Handelsblatt: Automaker: Kuwait faces partial withdrawal from Mercedes-Benz006626

Kuwait sells Mercedes shares Mercedes headquarters in Stuttgart-Untertürkheim: The ownership structure is changing somewhat as a result of the partial withdrawal of the Kuwaiti sovereign wealth fund. (Photo: dpa) After almost five decades, the Kuwaiti state fund is partially withdrawing from the Stuttgart car manufacturer Mercedes-Benz. The Kuwait Investment Authority threw 20 million Mercedes-Benz shares… Continue reading German Handelsblatt: Automaker: Kuwait faces partial withdrawal from Mercedes-Benz006626

German Handelsblatt: Vintage cars: The splendor of the economic miracle – that was the Mercedes-Benz 180006624

The signs were pointing to change 70 years ago in the German economic boom: Hollywood supplanted homeland films in the cinemas, rockabilly and pettycoat reached the dance halls, the number of cars exceeded the million mark, and the new Mercedes models 180 (W 120) and 190 (W 121) adapted the American pontoon body so successfully… Continue reading German Handelsblatt: Vintage cars: The splendor of the economic miracle – that was the Mercedes-Benz 180006624

German Handelsblatt: Automaker: Kuwait faces partial withdrawal from Mercedes-Benz006622

Kuwait sells Mercedes shares Mercedes headquarters in Stuttgart-Untertürkheim: The ownership structure is changing somewhat as a result of the partial withdrawal of the Kuwaiti sovereign wealth fund. (Photo: dpa) After almost five decades, the Kuwaiti sovereign wealth fund is partially withdrawing from the Stuttgart carmaker Mercedes-Benz. The Kuwait Investment Authority puts 20 million Mercedes-Benz shares… Continue reading German Handelsblatt: Automaker: Kuwait faces partial withdrawal from Mercedes-Benz006622

German Handelsblatt: Automaker: Kuwait faces partial withdrawal from Mercedes-Benz006619

Kuwait sells Mercedes shares Mercedes headquarters in Stuttgart-Untertürkheim: The ownership structure is changing somewhat as a result of the partial withdrawal of the Kuwaiti sovereign wealth fund. (Photo: dpa) After almost five decades, the Kuwaiti sovereign wealth fund is partially withdrawing from the Stuttgart carmaker Mercedes-Benz. The Kuwait Investment Authority puts 20 million Mercedes-Benz shares… Continue reading German Handelsblatt: Automaker: Kuwait faces partial withdrawal from Mercedes-Benz006619

German Handelsblatt: Automaker: Kuwait faces partial withdrawal from Mercedes-Benz006619

Kuwait sells Mercedes shares Mercedes headquarters in Stuttgart-Untertürkheim: The ownership structure is changing somewhat as a result of the partial withdrawal of the Kuwaiti sovereign wealth fund. (Photo: dpa) After almost five decades, the Kuwaiti sovereign wealth fund is partially withdrawing from the Stuttgart carmaker Mercedes-Benz. The Kuwait Investment Authority puts 20 million Mercedes-Benz shares… Continue reading German Handelsblatt: Automaker: Kuwait faces partial withdrawal from Mercedes-Benz006619

German Handelsblatt: Automaker: Kuwait faces partial withdrawal from Mercedes-Benz006619

Kuwait sells Mercedes shares Mercedes headquarters in Stuttgart-Untertürkheim: The ownership structure is changing somewhat as a result of the partial withdrawal of the Kuwaiti sovereign wealth fund. (Photo: dpa) After almost five decades, the Kuwaiti sovereign wealth fund is partially withdrawing from the Stuttgart carmaker Mercedes-Benz. The Kuwait Investment Authority puts 20 million Mercedes-Benz shares… Continue reading German Handelsblatt: Automaker: Kuwait faces partial withdrawal from Mercedes-Benz006619

China: Wuhan is to become an auto innovation center with 6.8 billion euros

Wuhan plans around 6.8 billion euros for automotive innovation center. Wuhan is already an important center for new technologies and we now want to expand it. Here, the research and production of vehicles with new energy, new automotive electronics, new automotive chips and related aftermarket to be at home. The idea is by no means… Continue reading China: Wuhan is to become an auto innovation center with 6.8 billion euros