Daimler Truck, the parent company of Daimler India Commercial Vehicles (DICV), announced its financial results for 2024, reporting a strong performance despite weakened demand in key markets such as Europe and Asia. The company highlighted a notable 17% increase in sales of battery-electric trucks, alongside a 12% rise in Free Cash Flow of its Industrial… Continue reading Daimler Truck’s Battery-Electric Truck Sales Increase 17% in 2024
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German FAZ: Moody’s classifies creditworthiness from Volkswagen down008932
The rating agency Moody’s classifies the creditworthiness of Volkswagen worse. The rating for the long -term papers is reduced by “A3” by one level to “Baa1”, with a stable view, Moody’s said on Monday. The downgrading reflects the recent decline in the profit margin and the cash inflow at the Wolfsburg car manufacturer, the experts… Continue reading German FAZ: Moody’s classifies creditworthiness from Volkswagen down008932
German FAZ: Audi car brand strokes 7500 jobs008933
Audi will reduce 7500 jobs in the next four years. In return, the employment securing, which excludes operational dismissals, is extended by four years to 2033. The company announced this at the first works meeting of the year in Ingolstadt. The works council under the chairman Jörg Schlagbauer on Monday, under the chairman Jörg Schlagbauer,… Continue reading German FAZ: Audi car brand strokes 7500 jobs008933
German FAZ: Moody’s classifies creditworthiness from Volkswagen down008932
The rating agency Moody’s classifies the creditworthiness of Volkswagen worse. The rating for the long -term papers is reduced by “A3” by one level to “Baa1”, with a stable view, Moody’s said on Monday. The downgrading reflects the recent decline in the profit margin and the cash inflow at the Wolfsburg car manufacturer, the experts… Continue reading German FAZ: Moody’s classifies creditworthiness from Volkswagen down008932
German Manager Magazin: Artificial Intelligence Live event: Are cars soon smarter than their drivers? 004045
He was considered a “Mister automated driving”: Harald Kröger (57) was one of the thinkers in the German auto industry for many years. First at Mercedes, then at Bosch. But a good three years ago he suddenly left the Bosch management and devoted himself even more to the semiconductor business. Today Kröger is a member… Continue reading German Manager Magazin: Artificial Intelligence Live event: Are cars soon smarter than their drivers? 004045
Mercedes-Benz Launches Mercedes-Maybach SL 680 Monogram Series at ₹4.2 Crore in India
Mercedes-Benz introduced the Mercedes-Maybach SL 680 Monogram Series in India, at an ex-showroom price of ₹4.2 crore (all-India). Customer consultations begin immediately, with deliveries expected to start in Q1 2026, the company said. The open-top two-seater combines the SL silhouette with Mercedes-Maybach design elements. The vehicle is powered by a 4.0-liter V8 biturbo engine that… Continue reading Mercedes-Benz Launches Mercedes-Maybach SL 680 Monogram Series at ₹4.2 Crore in India
Mercedes-Benz Launches Mercedes-Maybach SL 680 Monogram Series in India
Mercedes-Benz introduced the Mercedes-Maybach SL 680 Monogram Series in India, at an ex-showroom price of ₹4.2 crore (all-India). Customer consultations begin immediately, with deliveries expected to start in Q1 2026, the company said. The open-top two-seater combines the SL silhouette with Mercedes-Maybach design elements. The vehicle is powered by a 4.0-liter V8 biturbo engine that… Continue reading Mercedes-Benz Launches Mercedes-Maybach SL 680 Monogram Series in India
German Handelsblatt: CLA premiere: Mercedes development director Schäfer: “No reason for a diesel” 010722
For Mercedes, the CLA is the most important model of the year. Mercedes development director Markus Schäfer explains why the brand’s new entry model is initially only available. Go to source
Tata Motors appoints Guenter Butschek as independent director
Updated On Mar 17, 2025 at 12:27 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Guenter Butschek Tata Motors has reappointed Guenter Butschek, its former managing director and chief executive officer (CEO), as an independent director. His five-year term begins May 1, 2025, coinciding with the company’s strategic demerger of its… Continue reading Tata Motors appoints Guenter Butschek as independent director
German FAZ: McLaren supports number one 008929
Victory across the board. The rainy Australian Grand Prix in Melbourne fell for Formula 1 driver Lando Norris for maturity. Mercedes man George Russell even spoke “of the worst nightmare” to give an car rector like this. Norris, second in the World Cup 2024, stumbled when he slid 13 laps from Ultimo from the slope,… Continue reading German FAZ: McLaren supports number one 008929