Based on the strongly starting automotive stocks, the DAX started higher on Tuesday. The 40 most important German stocks were up to 21,210 points for 21,210 points, which has been the highest level since April 4. There were five automotive values among the six largest day winners: BMW, Mercedes and Volkswagen with price gains of… Continue reading German FAZ: Trump lets courses from auto stocks climb etch009177
Tag: Daimler
German FAZ: Trump lets courses from auto stocks climb
Based on the strongly starting automotive stocks, the DAX started higher on Tuesday. The 40 most important German stocks were up to 21,210 points for 21,210 points, which has been the highest level since April 4. There were five automotive values among the six largest day winners: BMW, Mercedes and Volkswagen with price gains of… Continue reading German FAZ: Trump lets courses from auto stocks climb
German FAZ: EU Commission imposes millions of fines against 15 car manufacturers009177
The European Commission has imposed millions in terms of millions against 15 car manufacturers due to a cartel in connection with recycling, scrapped vehicles. The VW Group has to pay the highest fine with around 128 million euros, as the Commission announced on Tuesday. Mercedes had disclosed the cartel in Brussels and therefore escapes a… Continue reading German FAZ: EU Commission imposes millions of fines against 15 car manufacturers009177
German FAZ: Trump lets courses from auto stocks climb
Based on the strongly starting automotive stocks, the DAX started higher on Tuesday. The 40 most important German stocks were up to 21,210 points for 21,210 points, which has been the highest level since April 4. There were five automotive values among the six largest day winners: BMW, Mercedes and Volkswagen with price gains of… Continue reading German FAZ: Trump lets courses from auto stocks climb
German Manager Magazin: Freenow: BMW and Mercedes Sell Taxi brokers to Lyft004132
The car manufacturers Mercedes Benz and BMW Sell your taxi app to the US driving agent Lyft. The purchase price was around 175 million euros in cash, Freenow announced on Wednesday. The completion of the transaction, provided the authorities are approved, is expected for the second half of 2025. In 2019, BMW and Mercedes founded… Continue reading German Manager Magazin: Freenow: BMW and Mercedes Sell Taxi brokers to Lyft004132
Lyft Acquires Freenow
Lyft, Inc. (Nasdaq: LYFT), a San Francisco, CA-based ride hailing marketplace, acquired Freenow, a Hamburg, Germany-based multi-mobility app with a taxi offering at its core, from BMW Group and Mercedes-Benz Mobility for approximately €175M. The acquisition is aligned with Lyft’s capital allocation strategy of investing in new growth opportunities. The transaction is expected to close… Continue reading Lyft Acquires Freenow
Lyft to buy taxi app FREENOW for $197M to enter Europe
Ride-hailing giant Lyft said it has agreed to acquire FREENOW, a German multi-mobility app with ride-hail at its core, from BMW and Mercedes-Benz Mobility for about $197 million in cash. The acquisition opens up the European market to Lyft for the first time. The company has only operated in the U.S. and Canada since it… Continue reading Lyft to buy taxi app FREENOW for $197M to enter Europe
German Handelsblatt: Driving service provider: BMW and Mercedes Sell Taxi-App Freenow to Lyft010864
The purchase of Freenow is Lyft’s largest outside of Europe. The US driving agent promises a significant increase in annual gross book bookings. Go to source
German Manager Magazin: Mercedes-Benz: How four Greenhorns CEO Ola Källenius are Sollen004130
The Mercedes crisis How four Greenhorns Mercedes boss Ola Källenius should save Too few top models, too much cost pressure and cold: Mercedes loses shine. A few newbies on the board should polish up the star again. They are on an almost impossible mission. Go to source
Ineos Fusilier range-extender due by 2029 – but uncertainty lingers
Ineos Automotive will launch the delayed Fusilier 4×4 “in 2028 or 2029”, confirming its commitment to becoming a multi-model, mass-market car maker. The follow-up to the Grenadier 4×4 was shown in concept form last year and planned to go on sale in 2027 as both a pure-electric car and a range-extender (REx). According to CEO Lynn… Continue reading Ineos Fusilier range-extender due by 2029 – but uncertainty lingers