@GM: GM Announces Executive Leadership Changes

GM Announces Executive Leadership Changes 2020-03-18 Matt Tsien Named Chief Technology Officer Craig Buchholz Named Senior Vice President, Global Communications Julian Blissett and Steve Kiefer Named to New or Expanded Roles Tony Cervone and Jon Lauckner to Retire DETROIT — General Motors (NYSE: GM) today announced the following senior executive changes: The new appointments are effective… Continue reading @GM: GM Announces Executive Leadership Changes

Daimler in danger: fear of Chinese takeover

Sindelfingen, Daimler design studio, autumn 2019. CEO Ola Källenius (50) should give the okay for a new model from his small car brand Smart. The SUV in bonsai format will be launched in 2022, electrically, of course. “Cool,” says Källenius. The eyes are on the man next to the Daimler boss, An Conghui (49), CEO… Continue reading Daimler in danger: fear of Chinese takeover

Interview: CEO Källenius: “Daimler does not need state aid”

Ola Källenius Unlike Lufthansa, for example, the Daimler boss currently excludes direct financial injections from the federal government. (Photo: imago images / rheinmainfoto) Munich, Frankfurt Daimler-Boss Ola Källenius wants the Stuttgart automaker with the greatest possible flexibility and solidarity through the corona crisis bring. Although the Mercedes manufacturer had to stop production in Europe and… Continue reading Interview: CEO Källenius: “Daimler does not need state aid”

@GM: Joint Statement on Collaboration to Increase Ventilator Production DETROIT , March 20, 2020 /PRNewswire/ — GM and Ventec Life Systems, in cooperat…

Terms & Conditions LEGAL NOTICES PLEASE READ THESE TERMS CAREFULLY BEFORE USING THIS SITE THIS WEB SITE (THE “SITE”) IS PROVIDED BY GM FOR INFORMATIONAL PURPOSES ONLY. BY USING THE SITE, OR BY DOWNLOADING MATERIALS FROM THIS SITE, YOU AGREE TO ABIDE AND BE BOUND BY THE TERMS AND CONDITIONS CONTAINED BELOW AND ELSEWHERE WITHIN… Continue reading @GM: Joint Statement on Collaboration to Increase Ventilator Production DETROIT , March 20, 2020 /PRNewswire/ — GM and Ventec Life Systems, in cooperat…

Why BMW and Mercedes made cheap cars that failed and why they keep trying

German brands such as Mercedes-Benz, BMW, and Audi built their reputations on being purveyors of precise engineering cars, luxurious interiors, cutting-edge technology, and above all, pretty high sticker prices.  But increasingly, they are selling cars with prices that are quite average. In their quest to grow volumes and reach a broader chunk of the new… Continue reading Why BMW and Mercedes made cheap cars that failed and why they keep trying

@VW Group: Porsche AG Group – Innovative Mobility

Economic stability Social and ecological sustainability does not run counter to corporate success but in fact contributes to this goal. Long-term economic success is likewise a fundamental requirement for effective sustainable operations. The company enjoys excellent profitability and has set itself the strategic target of a minimum operating return on sales of 15 per cent. Porsche… Continue reading @VW Group: Porsche AG Group – Innovative Mobility

Brazilian Car Rental Industry Sees Growth in Daily Rental Rates

The association attributes this growth in daily rates to the increase in demand from people renting vehicles for longer periods (instead of buying them) and the growing number of rentals for drivers of transportation companies. Photo via GoodFreePhotos. ABLA, the Brazilian car rental association, has conducted a census on Brazil’s car rental industry and found… Continue reading Brazilian Car Rental Industry Sees Growth in Daily Rental Rates

Lyft: Update from our Co-Founders

First, we know no words will do justice to everyone’s individual experience over the last couple weeks. All of us at Lyft feel the weight of our responsibility to the community, particularly right now. Today we wanted to share some of our initial efforts to help. Connecting drivers with additional sources of income While ride… Continue reading Lyft: Update from our Co-Founders

Bosch reacts to falling automotive demand: cutbacks in operations at German locations

About Bosch The Bosch Group is a leading global supplier of technology and services. It employs roughly 403,000 associates worldwide (as of December 31, 2019). According to preliminary figures, the company generated sales of 77.9 billion euros in 2019. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy… Continue reading Bosch reacts to falling automotive demand: cutbacks in operations at German locations