First time investment grade ratings for Daimler Truck published by Moody’s and S&P Global Ratings S&P Global Ratings assigns first time credit rating of BBB + with stable outlook Moody’s assigns first time credit rating of A3 with a stable outlook Credit ratings reflect confidence in Daimler Truck’s substantial scale, strong market positions in profitable… Continue reading @Daimler: Daimler Truck receives solid investment grade ratings ahead of listing
Tag: Strategy
@VW Group: Volkswagen Group’s Q3 result down year-on-year due to semiconductor bottlenecks – profitability target for 2021 confirmed004097
The global semiconductor bottlenecks particularly impacted on the business performance of the Volkswagen Group in the third quarter. Operating profit before special items came to EUR 2.8 (3.2) billion in the period from July to September, a drop compared with the first two quarters of this year and the pandemic-related weak prior-year period. The operating… Continue reading @VW Group: Volkswagen Group’s Q3 result down year-on-year due to semiconductor bottlenecks – profitability target for 2021 confirmed004097
@Daimler: Daimler aligns Board responsibilities after Trucks split: Jörg Burzer to join Board of Management
Daimler AG to enable leaner decision-making by aligning Management Board responsibilities with Mercedes-Benz AG Jörg Burzer, Member of the Board of Management of Mercedes-Benz AG for Production and Supply Chain Management, to also join Board of Management of Daimler AG Bernd Pischetsrieder: “Jörg Burzer has played a decisive role in transforming our global production network… Continue reading @Daimler: Daimler aligns Board responsibilities after Trucks split: Jörg Burzer to join Board of Management
@VW Group: Audi is establishing a high-voltage battery development at the Neckarsulm site (Key statements)004089
Audi is expanding its development of high-voltage batteries and banking on the Neckarsulm location for that. With that strategic decision, technical development will be intensified for the future and Neckarsulm will become a center of competency for a key electromobility technology. Additionally, a battery center for testing high-voltage storage technologies will go into operation by… Continue reading @VW Group: Audi is establishing a high-voltage battery development at the Neckarsulm site (Key statements)004089
Daimler aligns Board responsibilities after Trucks split: Jörg Burzer to join Board of Management
STUTTGART, Germany, Oct. 27, 2021 /PRNewswire/ — Daimler AG to enable leaner decision-making by aligning Management Board responsibilities with Mercedes-Benz AG Jörg Burzer, Member of the Board of Management of Mercedes-Benz AG for Production and Supply Chain Management, to also join Board of Management of Daimler AG Bernd Pischetsrieder: “Jörg Burzer has played a decisive… Continue reading Daimler aligns Board responsibilities after Trucks split: Jörg Burzer to join Board of Management
Sale of majority of Modine’s automotive business to Dana Inc. terminated
Reuters Phillips 66 to buy remaining stake in partnership for $3.4 billion (Reuters) -Phillips 66 said on Wednesday it will buy the remaining units of Phillips 66 Partners it does not already own for $3.4 billion, as the refiner aims to simplify its governance and corporate structure. Phillips 66 Partners was formed by the refiner… Continue reading Sale of majority of Modine’s automotive business to Dana Inc. terminated
Bird to Announce Third Quarter 2021 Results
LOS ANGELES, Oct. 27, 2021 /PRNewswire/ — Bird Rides, Inc. (“Bird” or the “Company”), a leader in environmentally friendly electric transportation, today announced that it will release financial results for its third fiscal quarter ended September 30, 2021 after the close of the market on Monday, November 15, 2021. The Company anticipates closing the proposed business… Continue reading Bird to Announce Third Quarter 2021 Results
Pioneering work in the automotive IT jungle
Mobility Solutions is the largest Bosch Group business sector. It generated sales of 42.1 billion euros in 2020, and thus contributed 59 percent of total sales from operations. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is safe, sustainable, and exciting,… Continue reading Pioneering work in the automotive IT jungle
@Tata-JLR: NEW RANGE ROVER WORLD PREMIERE: BREATHTAKING MODERNITY, PEERLESS REFINEMENT AND UNMATCHED CAPABILITY
Exclusive reveal: Unveiled at the Royal Opera House, London, in front of leaders from the worlds of art, culture, business and sport Fifth generation: Leads by example with breathtaking modernity, peerless refinement and unmatched capability, informed by more than 50 years of evolution Modern luxury: New Range Rover is defined by harmony of proportions, reductive… Continue reading @Tata-JLR: NEW RANGE ROVER WORLD PREMIERE: BREATHTAKING MODERNITY, PEERLESS REFINEMENT AND UNMATCHED CAPABILITY
@Tata-JLR: INTRODUCING THE NEW RANGE ROVER: BREATHTAKING MODERNITY, PEERLESS REFINEMENT AND UNMATCHED CAPABILITY
True to its roots: The New Range Rover leads by example with breathtaking modernity, peerless refinement and unmatched Land Rover capability informed by over 50 years of evolution Modern luxury: New Range Rover is defined by presence and formality, achieved by the harmony of proportions, surface and lines Materiality choices: Luxurious alternatives to traditional leather… Continue reading @Tata-JLR: INTRODUCING THE NEW RANGE ROVER: BREATHTAKING MODERNITY, PEERLESS REFINEMENT AND UNMATCHED CAPABILITY