“When are we going to know these six?” Adam Jonas of Morgan Stanley asked. “Because I asked you a pretty straightforward question. You’re alluding to the six in your slides. You’re clearly not willing to talk about them.” Then, with a tone of exasperation rarely heard in such calls, Mr. Jonas added, “That’s a problem,… Continue reading Ford Changed Leaders, Looking for a Lift. It’s Still Looking.
Tag: Strategy
Groupe PSA: Shareholders’ Meeting of 24 April 2018
RUEIL MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) : The Annual Shareholders’ Meeting of Peugeot S.A. was held on 24 April 2018, under the Chairmanship of Mr Louis Gallois. The Shareholders’ Meeting adopted all the resolutions proposed by the Supervisory Board and the Managing Board, particularly the proposal to pay a dividend in an amount… Continue reading Groupe PSA: Shareholders’ Meeting of 24 April 2018
Groupe PSA: Q1 2018 Revenue Sharp Growth
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) Group Q1 2018 revenue amounted to €18,182 million, compared with €12,798 million in Q1 2017. At constant 2015 exchange rate and perimeter, 2018 Group revenue was up 21.6%4. PCD Automotive division revenue amounted to €10,214 million up by 13.3% compared to Q1 2017. This increase was mainly driven… Continue reading Groupe PSA: Q1 2018 Revenue Sharp Growth
Autocar confidential: Lynk&Co’s strategy, Toyota Supra, internet sales & more
This week’s snippets of automotive news include news on Lynk&Co‘s strategy, Toyota Supra, Citroën internet sales and driving modes. Lynk&Co’s strategy: New subscription-based marque Lynk&Co is aiming to sell cars to “people who don’t want to buy cars”, and boss Alain Visser said this approach has changed the way he recruits. The former Ford and… Continue reading Autocar confidential: Lynk&Co’s strategy, Toyota Supra, internet sales & more
Renault-Nissan-Mitsubishi joins DiDi Chuxing in DiDi Auto Alliance
World’s leading automotive alliance joins DiDi to pursue new mobility solutions in China Renault-Nissan-Mitsubishi, the world’s leading automotive alliance, today announced it is one of the partners of DiDi Auto Alliance (the D-Alliance), which was formed by DiDi Chuxing (‘DiDi’), the top Chinese mobile transportation platform. The DiDi Auto Alliance is an intelligent ride-sharing alliance… Continue reading Renault-Nissan-Mitsubishi joins DiDi Chuxing in DiDi Auto Alliance
Baby SUVs to spearhead new Land Rover offensive
Land Rover is readying a raft of new models over the next four years that will take it into new sectors and will culminate in the launch of a model that revives the spirit of the original Freelander. The diverse new cars, which also include a £250,000 Range Rover coupé, a Defender pick-up truck and… Continue reading Baby SUVs to spearhead new Land Rover offensive
Marchionne’s Exit Puts Fiat Chrysler in Play for Merger Deal
Sergio Marchionne spent the last 14 years transforming Fiat Chrysler Automobiles NV through a series of spinoffs and mergers from a near-bankrupt Italian conglomerate into the best-performing U.S. automaker. His pending exit may open the door for the next big deal. Marchionne, 65, is set to start his final year as chief executive officer after… Continue reading Marchionne’s Exit Puts Fiat Chrysler in Play for Merger Deal
Ionic Materials Raises $65 Million For Revolutionary Polymer Electrolyte
Ionic Materials, a company backed by Bill Joy and the automotive Alliance of Nissan, Renault and Mitsubishi, raised $65 million in Series C funding round. Ionic Materials Investors are attracted by the promise of a revolutionary polymer electrolyte for solid-state batteries that offers high conductivity at room temperature. Using the new electrolyte would enable production of… Continue reading Ionic Materials Raises $65 Million For Revolutionary Polymer Electrolyte
New boss Diess with tailwind: Volkswagen should deliver 4.4 billion euros profit
All articles and backgrounds 04/23/2018 New boss Diess with tailwind Volkswagen should deliver 4.4 billion euros profit REUTERS Volkswagen: After the change of boss from Müller to Diess, investors remain optimistic with regard to profit and turnover Volkswagen announces its first quarter results on Thursday (26 April). Following the surprise takeover of the chief position… Continue reading New boss Diess with tailwind: Volkswagen should deliver 4.4 billion euros profit
Bernd Osterloh in the interview – boss must “sometimes even on the table”: VW works council boss demands of Diess taut leadership
All articles and backgrounds 04/19/2018 Interview with Bernd Osterloh – boss has to “hit the floor sometimes” VW works council chief demands from Diess tighter leadership REUTERS Bernd Osterloh: “I do not need anyone to put Herbert Diess on the chain” Volkswagen works council chief Bernd Osterloh expects the new boss Herbert Diess to streamline… Continue reading Bernd Osterloh in the interview – boss must “sometimes even on the table”: VW works council boss demands of Diess taut leadership