STUTTGART, Germany, Feb. 11, 2020 /PRNewswire/ — Group unit sales of 3.34 million vehicles (2018: 3.35 million) Revenue up 3% to €172.7 billion (2018: €167.4 billion) Group EBIT of €4.3 billion (2018: €11.1 billion) Adjusted Group EBIT of €10.3 billion Net profit of €2.7 billion (2018: €7.6 billion) Free cash flow industrial business of €1.4… Continue reading Daimler reports full-year 2019 results
Tag: Recalls
Los Angeles-based SureSale is developing an independent certification service for used cars
Donny Hall, the chief executive and co-founder of the used car certification service SureSale, knows used cars. The serial entrepreneur built and sold a previous business, CarSure, which was an insurance plan for vehicle repairs. After selling that business in 2017 to Innovative Aftermarket Systems, Hall decided that his next venture would be to take… Continue reading Los Angeles-based SureSale is developing an independent certification service for used cars
Ford shakes up top management, promises faster turnaround
DETROIT (Reuters) – Ford Motor Co (F.N) on Friday shook up its top management, naming strategy chief Jim Farley as chief operating officer and promising skeptical investors the company will kick a slow-moving turnaround into a higher gear. FILE PHOTO: Jim Farley, President, Global Markets, Ford Motor Company, speaks during the Lincoln presentation at the… Continue reading Ford shakes up top management, promises faster turnaround
The Lister Motor Company launches Lister Classics – Automotive World
The Lister Motor Company launches its latest division, Lister Classics. Lister Classics will offer the most comprehensive range of used Lister cars in the world, offering vehicles from across the company’s 65-year history including the car that created the latest era of Lister road cars, the LFT-666/ Thunder prototype. Seen in many magazines, the LFT-666/… Continue reading The Lister Motor Company launches Lister Classics – Automotive World
@GM: Chevrolet Colorado ZR2 Bison Named First-Ever Overland Truck of the Year
Chevrolet Colorado ZR2 Bison Named First-Ever Overland Truck of the Year 2020-02-03 DETROIT – Overland Journal has named the Chevrolet Colorado ZR2 Bison its first Overland Truck of the Year. In their review, the editors praised the Bison as “one of the most exceptional overland trucks ever sold in North America.” For the inaugural competition,… Continue reading @GM: Chevrolet Colorado ZR2 Bison Named First-Ever Overland Truck of the Year
Hyundai Adds Three Years of Complimentary Maintenance on New Models
“Hyundai has always been a company that listens to customers and strives to provide products and services that maximize value and simplify life,” said Barry Ratzlaff, chief customer officer, Hyundai Motor America. “Building on the strong foundation of America’s Best Warranty, Hyundai Complimentary Maintenance helps dealers ensure that our owners keep rolling with peace of… Continue reading Hyundai Adds Three Years of Complimentary Maintenance on New Models
AAM Co-Founder Richard E. Dauch Inducted into Automotive Hall of Fame
AAM Terms of Use & Privacy Policy Terms of Use ATTENTION: PLEASE READ THESE TERMS CAREFULLY BEFORE USING THIS WEBSITE. USING THIS WEBSITE INDICATES THAT YOU ACCEPT THESE TERMS. IF YOU DO NOT ACCEPT THESE TERMS (“TERMS”), DO NOT USE THIS SITE. Use of AAM Website American Axle & Manufacturing, Inc. and/or its respective affiliates… Continue reading AAM Co-Founder Richard E. Dauch Inducted into Automotive Hall of Fame
4 Ways Rental Fleets Are Elevating Used Vehicle Residual Values
You remember the old saying: “You never get a second chance to make a first impression?” David Paris is a senior analyst at J.D. Power Valuation Services. Photo courtesy of J.D. Power. It is a phenomenon that is very likely at work when it comes to the conventional wisdom that still exists when it comes… Continue reading 4 Ways Rental Fleets Are Elevating Used Vehicle Residual Values
Backup Drivers For AI Self-Driving Cars Aren’t A Guarantee Of Safety, So Here’s What Needs To Be Done – Forbes
Clearing up common misconceptions about fallback safety “backup” drivers for self-driving cars. Getty When you get behind the wheel of a car, it is a solemn duty and one that holds you responsible for what the car ends up doing. While driving, if you suddenly realize that you are about to ram into another car,… Continue reading Backup Drivers For AI Self-Driving Cars Aren’t A Guarantee Of Safety, So Here’s What Needs To Be Done – Forbes
SoftBank wants its on-demand portfolio to stop losing so much money
SoftBank wants its competing portfolio companies to stop losing so much money and, in some cases, to merge. That’s the news out from Financial Times today, which reported that Uber and DoorDash discussed merging last year. The talks didn’t wind up in a deal. The two companies, each heavily backed by SoftBank and its formerly… Continue reading SoftBank wants its on-demand portfolio to stop losing so much money