Daimler boss Ola Källenius The manager sees the future of the group in the luxury sector. (Photo: Smetek) Champagne, diamond rings and cases made of precious leather – luxury products are particularly important at Daimler. When CEO Ola Källenius speaks to top managers about the future of the car company these days, the name keeps… Continue reading Restructuring with obstacles: Daimler wants to save two billion in personnel – How the group should get back on track
Tag: Mobility
Autonomous vehicle startup AutoX lands driverless testing permit in California
AutoX, the autonomous vehicle startup backed by Alibaba, has been granted a permit in California to begin driverless testing on public roads in a limited area in San Jose. The permit will allow AutoX to test its autonomous vehicles without a human safety driver behind the wheel. This is the third company to receive a… Continue reading Autonomous vehicle startup AutoX lands driverless testing permit in California
Uber: Addressing inadvertent bias
In a recent analysis of public ridesharing and Census data in Chicago, Akshat Pandey and Aylin Caliskan at The George Washington University explore correlations between ridesharing fares and neighborhood characteristics. In addition to finding that average per-mile fares are higher for trips to and from areas with higher home prices, higher education levels, and younger… Continue reading Uber: Addressing inadvertent bias
@Groupe PSA: Worldwide sales at 1 Million units in the first semester
Global sales almost doubled in June versus May, in the context of the coronavirus crisis Electrification of the PC and LCV range at high pace: 13[1] new models launched since beginning of 2019 and one innovative mobility solution with Citroën Ami The Group is among the best performing OEMs and is compliant with 2020 European… Continue reading @Groupe PSA: Worldwide sales at 1 Million units in the first semester
@Daimler: 16. Jul 2020Preliminary results for the second quarter 2020 above market expectations
July 16, 2020 – Following a better than expected market recovery and a strong June performance, Daimler Group adjusted EBIT, Mercedes-Benz Cars & Vans adjusted EBIT and Daimler’s Industrial Free Cash Flow for the second quarter of 2020 are all above market expectations. Daimler’s deployment of extensive cash preservation measures plus the favorable demanddriven development… Continue reading @Daimler: 16. Jul 2020Preliminary results for the second quarter 2020 above market expectations
@Tata-JLR: 1.5 MILLION AND COUNTING: JAGUAR LAND ROVER CELEBRATES CLEAN ENGINE MANUFACTURING MILESTONE
*The EMC provides powertrain options across all Jaguar Land Rover models except the Jaguar I-PACE **Government announces Advanced Propulsion Centre funding. https://www.gov.uk/government/news/735-million-to-boost-green-economic-recovery-in-automotive-sector For more information about Destination Zero please visit https://www.jaguarlandrover.com/2019/strategy About Jaguar Land Rover Jaguar Land Rover is the UK’s largest automotive manufacturer, built around two iconic British car brands. Land Rover is the… Continue reading @Tata-JLR: 1.5 MILLION AND COUNTING: JAGUAR LAND ROVER CELEBRATES CLEAN ENGINE MANUFACTURING MILESTONE
Daimler to stop building sedans in the U.S. after second-quarter loss
FRANKFURT (Reuters) – Daimler (DAIGn.DE) will stop building Mercedes-Benz sedans in the United States and Mexico as it seeks deeper cuts after posting a smaller-than-expected quarterly loss. FILE PHOTO: A logo of Mercedes-Benz is seen outside a Mercedes-Benz car dealer, amid the coronavirus disease (COVID-19) outbreak in Brussels, Belgium May 28, 2020. REUTERS/Yves Herman The… Continue reading Daimler to stop building sedans in the U.S. after second-quarter loss
@Daimler: Preliminary results for the second quarter 2020 above market expectations –positive Industrial Free Cash Flow
Stuttgart (Germany) – Following a better than expected market recovery and a strong June performance, Daimler Group adjusted EBIT, Mercedes-Benz Cars & Vans adjusted EBIT and Daimler’s Industrial Free Cash Flow for the second quarter of 2020 are all above market expectations. Daimler’s deployment of extensive cash preservation measures plus the favorable demand-driven development of… Continue reading @Daimler: Preliminary results for the second quarter 2020 above market expectations –positive Industrial Free Cash Flow
@GM: GM Releases 10th Annual Sustainability Report Outlining 2019 Progress and Plans for the Future Pandemic causes no delay in all-electric lineup Sig…
Pandemic causes no delay in all-electric lineup Significant progress made on COVID-19 mask and ventilator production GM makes commitment to become the most inclusive company in the world and build a safer, more equitable culture DETROIT – General Motors today released its 10th annual sustainability report, providing transparency and accountability on its progress and key… Continue reading @GM: GM Releases 10th Annual Sustainability Report Outlining 2019 Progress and Plans for the Future Pandemic causes no delay in all-electric lineup Sig…
@GM: GM Releases 10th Annual Sustainability Report Outlining 2019 Progress and Plans for the Future
GM Releases 10th Annual Sustainability Report Outlining 2019 Progress and Plans for the Future 2020-07-16 Pandemic causes no delay in all-electric lineup Significant progress made on COVID-19 mask and ventilator production GM makes commitment to become the most inclusive company in the world and build a safer, more equitable culture DETROIT – General Motors today… Continue reading @GM: GM Releases 10th Annual Sustainability Report Outlining 2019 Progress and Plans for the Future