Signing of the Partnering Agreement: Thomas Schmall, Volkswagen Group Board of Management member for Technology and Rajesh Jejurikar, Executive Director, Auto and Farm Sectors, Mahindra and Mahindra Ltd. (front row, from right to left) Indian SUV major Mahindra intends to equip its Born Electric Platform with MEB electric components from Volkswagen. Partnering agreement signed in… Continue reading Europa Wire: Indian SUV maker Mahindra plans to use MEB electrical components from Volkswagen for its new Born Electric Platform 000314
Tag: Mobility
Kia sees electric vans as key products for mobility, autonomous tech
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SAIC-GM-Wuling posts record new energy vehicle sales
Dozens of SAIC-GM-Wuling’s popular Hong Guang MINI EV are shown at an event in Shanghai. [Photo provided to chinadaily.com.cn] NANNING – SAIC-GM-Wuling (SGMW), based in Liuzhou of South China’s Guangxi Zhuang autonomous region, reported record new energy vehicle sales. By the end of April, the company had sold more than 700,000 units of Hongguang MINI… Continue reading SAIC-GM-Wuling posts record new energy vehicle sales
Drive Pilot breaks new ground as Mercedes sells Level 3 models
The Mercedes-Benz logo is seen on a car. [Photo/Agencies] Mercedes-Benz has rolled out its Drive Pilot system in two of its models in Germany as the first Level 3 system available in the vehicle market worldwide. The European country is also the first in the world to allow Level 3 vehicles to hit the road.… Continue reading Drive Pilot breaks new ground as Mercedes sells Level 3 models
German Manager Magazin: Mercedes-Benz: Ola Källenius calls for more luxury and cancels three compact cars001796
The car manufacturer Mercedes Benz relies on luxury and wants to sell more top-of-the-line models such as the S-Class, Maybach or AMG in the future. “The company will focus even more on the luxury segment, further upgrade the product portfolio, accelerate the path to the all-electric future and strive for structurally higher profitability,” said the… Continue reading German Manager Magazin: Mercedes-Benz: Ola Källenius calls for more luxury and cancels three compact cars001796
Renault Group CEO calls for rethink on NCAP crash test rules
Renault Group CEO Luca de Meo has called for a debate on whether Euro NCAP safety tests are still fit for purpose. Speaking at the Change Now conference in Paris, where the Renault Scenic Vision concept was revealed featuring several safety technologies not currently evaluated by Euro NCAP, he said: “We need to keep an… Continue reading Renault Group CEO calls for rethink on NCAP crash test rules
German Handelsblatt: Automaker: New luxury strategy: Mercedes cancels three compact cars and increases target margin to 14 percent004340
Mercedes boss Ola Källenius with the S-Class Anyone who wants to buy a Mercedes in the future will have to pay significantly more for it. (Photo: Bloomberg) Throughout its 135-year history, Mercedes-Benz has always aimed high. But the brand often failed because of its ambitions: whether as an integrated technology group, as a global corporation… Continue reading German Handelsblatt: Automaker: New luxury strategy: Mercedes cancels three compact cars and increases target margin to 14 percent004340
Grab Reports First Quarter 2022 Results
Outperformed Q1 GMV and TPV guidance for deliveries, mobility and financial services GMV of $4.8 billion, grew 32% year-over-year (“YoY”) Revenue $228 million, up 6% YoY Loss for the period of $435 million, a 35% improvement YoY SINGAPORE, May 19, 2022 – Grab Holdings Limited (NASDAQ: GRAB) today announced financial results for the quarter ended… Continue reading Grab Reports First Quarter 2022 Results
@Daimler: Mercedes-Benz sets out long-term ambitions as the world’s most valuable luxury car brand
Profitable growth: Reshaped product portfolio with focus on Top-End Luxury, Core Luxury and Entry Luxury; more than 75% of investments dedicated to Top-End and Core Luxury segments Top-End Luxury: Share of Top-End vehicle sales projected to rise by around 60% by 2026; product offensive from Maybach, AMG and G-Class with dedicated EV-characteristics and greater individualisation;… Continue reading @Daimler: Mercedes-Benz sets out long-term ambitions as the world’s most valuable luxury car brand
@Daimler: 19. May 2022Mercedes-Benz sets out long-term ambitions as the world’s most valuable luxury car brand
May 19, 2022 – Mercedes-Benz today hosted a strategy update on the Côte d’Azur. This ‘Economics of Desire’ event outlined the future of Mercedes-Benz as a dedicated pure-play luxury car company and provided details of its strategic course. The company will focus even further on luxury, elevate its product portfolio, accelerate its path to a… Continue reading @Daimler: 19. May 2022Mercedes-Benz sets out long-term ambitions as the world’s most valuable luxury car brand