Jaguar E-Pace

For an idea of the scale of ambition embodied in the new Jaguar E-Pace, consider that 80% of those who choose to buy one over, say, an Audi Q3 or BMW X1 will be new to Jaguar showrooms. ‘Conquest customers’, as they’re dispassionately known within the industry. That’s a mighty statistic even for a car… Continue reading Jaguar E-Pace

Mercedes-Powered Volvos Possible Thanks To Geely Investment

Daimler might even take over a portion of Volvo. Now that Geely chairman Li Shufu is the largest single shareholder in Daimler, there’s a strong possibility that the two firms could cooperate on tech development. According to the German business publication Manager Magazin, the partnership could even extend to Daimler buying a small stake in Volvo,… Continue reading Mercedes-Powered Volvos Possible Thanks To Geely Investment

Daimler open to buying small stake in Volvo cars: Report

FRANKFURT: Daimler is open to supplying Volvo with engines and could even take a small stake in the Swedish carmaker, Manager Magazin said, raising the possibility of increased cooperation between Mercedes-Benz and China’s Geely. Daimler could buy “a couple of percent” in Volvo Cars, Manager Magazin said on Thursday, without citing sources. Volvo declined to… Continue reading Daimler open to buying small stake in Volvo cars: Report

Editorial: Li Shufu, Dirk Notheis and their foray

All articles and backgrounds 04/19/2018 Editorial Li Shufu, Dirk Notheis and their foray David Maupile Steffen Klusmann, editor-in-chief of the manager magazin Dirk Notheis, ex-Germany boss of Morgan Stanley, was considered as burned, because he had served too much the stereotype of the greedy investment banker with the sales of the energy supplier EnBW to… Continue reading Editorial: Li Shufu, Dirk Notheis and their foray

Open to cooperation: how Daimler imagines cooperation with Geely

All articles and backgrounds 04/19/2018 Open to cooperation How Daimler imagines cooperation with Geely DPA Daimler CEO Dieter Zetsche: Joint electric platform with major shareholder Geely? The German carmaker Daimler Show stock market chart sets the limits of possible cooperation with the new Chinese major shareholder Geely. For example, work on a joint electric platform… Continue reading Open to cooperation: how Daimler imagines cooperation with Geely

Carbon dioxide emissions from Europe’s heavy-duty vehicles

The HDV sector comprises a mixture of different types of trucks, buses and coaches. These include vehicles used for the transport of goods exceeding 3.5 tonnes (trucks), as well as those used for passenger transport that have more than eight seats (buses and coaches). The sector is characterised by many different vehicle categories, technologies, sizes… Continue reading Carbon dioxide emissions from Europe’s heavy-duty vehicles

Daimler Investor Li Says Carmakers Must Talk or Face Oblivion

The guessing game on Li Shufu’s intentions after buying the biggest stake in Daimler is up: Automakers must cooperate, or risk being swallowed up. That’s the takeaway from an editorial written by the owner of China’s biggest non-state carmaker in Frankfurter Allgemeine Zeitung on Sunday. Li, who in February bought a 9.7 percent stake in… Continue reading Daimler Investor Li Says Carmakers Must Talk or Face Oblivion

UPDATE 1-VW’s trucks division open to buying majority of Navistar -CFO

MUNICH (Reuters) – Volkswagen (VOWG_p.DE) is open to buying at some point a majority stake in U.S. truckmaker Navistar International Corp (NAV.N) as it pushes to expand its truck division’s global presence and tap capital markets. FILE PHOTO: A VW sign is seen outside a Volkswagen dealership in London, Britain November 5, 2015. REUTERS/Suzanne Plunkett/File… Continue reading UPDATE 1-VW’s trucks division open to buying majority of Navistar -CFO

PROTON CONFIDENT ON NETWORK SYNERGY OUTCOME

PRESS PROTON CONFIDENT ON NETWORK SYNERGY OUTCOME Posted on Apr 16, 2018 Subang Jaya, 16 April 2018 – 2018 is an important year for PROTON after the acquisition of 49.9% shares by Geely as the Company undergoes numerous initiatives internally to ensure a successful turnaround in a short time. With the new partnership comes renewed… Continue reading PROTON CONFIDENT ON NETWORK SYNERGY OUTCOME

Press Releases – Motor vehicles generate €413 billion in taxes for EU-15, new data shows

Brussels, 16 April 2018 – The latest data shows that taxation on motor vehicles in the EU-15 is worth €413 billion annually – about three times the total budget of the European Union. This figure is up 4% compared with one year earlier. The data was published today in the 2018 Tax Guide of the… Continue reading Press Releases – Motor vehicles generate €413 billion in taxes for EU-15, new data shows