German Handelsblatt: Truck manufacturer: Freed from the conglomerate: Daimler Truck is more profitable than it has been for decades006470

Martin Daum und Jochen Goetz enttäuschten über Jahre hinweg als Führungsduo bei Daimler Truck. Der Vorstandsvorsitzende und der Finanzchef des weltgrößten Lastwagenbauers lieferten seit 2019 nie die versprochenen Erträge. Nun zeigt sich jedoch: Das dürfte weniger an ihrem vermeintlichen Unvermögen gelegen haben als an einer einengenden Struktur innerhalb des Daimler-Konzerns, heißt es in Finanzkreisen.Seit das… Continue reading German Handelsblatt: Truck manufacturer: Freed from the conglomerate: Daimler Truck is more profitable than it has been for decades006470

German Handelsblatt: Truck manufacturer: Freed from the conglomerate: Daimler Truck is more profitable than it has been for decades006470

Martin Daum und Jochen Goetz enttäuschten über Jahre hinweg als Führungsduo bei Daimler Truck. Der Vorstandsvorsitzende und der Finanzchef des weltgrößten Lastwagenbauers lieferten seit 2019 nie die versprochenen Erträge. Nun zeigt sich jedoch: Das dürfte weniger an ihrem vermeintlichen Unvermögen gelegen haben als an einer einengenden Struktur innerhalb des Daimler-Konzerns, heißt es in Finanzkreisen.Seit das… Continue reading German Handelsblatt: Truck manufacturer: Freed from the conglomerate: Daimler Truck is more profitable than it has been for decades006470

Editor’s letter: Competition heats back up as new car discounts return

Discounting is returning to the UK new car market, as Nick Gibbs’s piece recently detailed on Autocar Business. It’s welcome news for car buyers after the staunch ‘no discounts’ policy during Covid rolled directly into the constrained supply of the chip shortage, but less so for car makers and dealers.  Many car makers are talking… Continue reading Editor’s letter: Competition heats back up as new car discounts return

Self-Driving Electric Vehicle Market to Reach $5.0 Trillion, Globally, by 2031 at 36.3% CAGR: Allied Market Research

Rise in demand for low-emission and safe transportation, surge in the development of safety features, and supportive government initiatives drive the growth of the global self-driving electric vehicle market.  PORTLAND, Ore., March 10, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Self-Driving Electric Vehicle Market by Level of Automation (Level 1, Level 2, Level 3),… Continue reading Self-Driving Electric Vehicle Market to Reach $5.0 Trillion, Globally, by 2031 at 36.3% CAGR: Allied Market Research

Self-Driving Electric Vehicle Market to Reach $5.0 Trillion, Globally, by 2031 at 36.3% CAGR: Allied Market Research

Rise in demand for low-emission and safe transportation, surge in the development of safety features, and supportive government initiatives drive the growth of the global self-driving electric vehicle market.  PORTLAND, Ore., March 10, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Self-Driving Electric Vehicle Market by Level of Automation (Level 1, Level 2, Level 3),… Continue reading Self-Driving Electric Vehicle Market to Reach $5.0 Trillion, Globally, by 2031 at 36.3% CAGR: Allied Market Research

New electric response vehicle to fight crime on three wheels

Automotive engineering firm Mahle has joined forces with UK-based firm White Motorcycle Concepts (WMC) to develop a new electric three-wheeled police and emergency response vehicle.  Supported by the Department for Transport and Innovate UK, the new electric three-wheeler will be based on the Yamaha Tricity 300, which will swap its combustion engine for a fully… Continue reading New electric response vehicle to fight crime on three wheels

China’s auto sales up 13.5% in February

Visitors are seen at the booth of Geely at the Guangzhou auto show in Guangzhou, Guangdong province, on Jan 6, 2023. [Photo/VCG] BEIJING — China’s auto sales expanded 13.5 percent year-on-year to nearly 1.98 million units in February, data from the China Association of Automobile Manufacturers showed Friday. Auto sales in the January-February period totaled… Continue reading China’s auto sales up 13.5% in February

Self-Driving Electric Vehicle Market to Reach $5.0 Trillion, Globally, by 2031 at 36.3% CAGR: Allied Market Research

Rise in demand for low-emission and safe transportation, surge in the development of safety features, and supportive government initiatives drive the growth of the global self-driving electric vehicle market.  PORTLAND, Ore., March 10, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Self-Driving Electric Vehicle Market by Level of Automation (Level 1, Level 2, Level 3),… Continue reading Self-Driving Electric Vehicle Market to Reach $5.0 Trillion, Globally, by 2031 at 36.3% CAGR: Allied Market Research

Magna (MGA) Announces U.S. Dollar & Euro Senior Notes Offerings

Magna International MGA announced plans to offer two series of U.S. dollar-denominated senior notes and one series of Euro denominated senior notes. Magna will raise $300 million through Series 1 U.S. dollar senior notes, $500 million through Series 2 U.S. dollar senior notes and €550 million through Euro senior notes. The company will utilize the… Continue reading Magna (MGA) Announces U.S. Dollar & Euro Senior Notes Offerings

Self-Driving Electric Vehicle Market to Reach $5.0 Trillion, Globally, by 2031 at 36.3% CAGR: Allied Market Research

Rise in demand for low-emission and safe transportation, surge in the development of safety features, and supportive government initiatives drive the growth of the global self-driving electric vehicle market.  PORTLAND, Ore., March 10, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Self-Driving Electric Vehicle Market by Level of Automation (Level 1, Level 2, Level 3),… Continue reading Self-Driving Electric Vehicle Market to Reach $5.0 Trillion, Globally, by 2031 at 36.3% CAGR: Allied Market Research