Hybrid BMW Heavyweights such as GM, Ford, VW or Daimler have announced a variety of e-models. BMW wants to be a leader in this field in the endurance competition of the upper-class providers. (Photo: AP) The worldwide growing demand for electric and hybrid cars should BMW 2018 will bring significant growth in this segment. The… Continue reading E-mobility: BMW relies on hybrid and electric cars
Tag: Strategy
GM to shut one South Korea plant, decide on fate of others within weeks
DETROIT/SEOUL (Reuters) – General Motors Co said it will close one of its four plants in South Korea and incur an $850 million impairment charge as part of a restructuring of its money-losing business in Asia’s fourth-biggest economy. The U.S. automaker said it would decide the future of its remaining South Korean operations within weeks,… Continue reading GM to shut one South Korea plant, decide on fate of others within weeks
Creator of the Leisure Activity Vehicle (LAV) Segment, Groupe PSA is Launching a New Generation of Vehicles for Its Peugeot, Citroën and Opel/Vauxhall Brands
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Forerunner and historical leader of the leisure activity vehicle (LAV) segment in Europe, Groupe PSA (Paris:UG) intends to consolidate its leadership by giving its line-up a new dimension with three latest-generation models designed for very different brand environments. The new line-up stems from a single development programme aimed at increasing the… Continue reading Creator of the Leisure Activity Vehicle (LAV) Segment, Groupe PSA is Launching a New Generation of Vehicles for Its Peugeot, Citroën and Opel/Vauxhall Brands
BMW Group achieves best-ever January
Munich. Following its seventh consecutive year of record sales, the world’s number one manufacturer of premium vehicles started 2018 with another record: the BMW Group has never sold so many cars in January as in this year. A total of 169,538 customers took delivery of a BMW, MINI or Rolls-Royce premium vehicle, an increase of… Continue reading BMW Group achieves best-ever January
PSA and Opel make common van
This is undoubtedly the first episode of a long Franco-German series. PSA will launch this year the production of stamped vans Peugeot, Citroën, Opel or Vauxhall. The new versions of the Partner, Berlingot and Combo will be assembled from the second half of the year in Vigo, Spain, and Mangualde, Portugal – two newly renovated… Continue reading PSA and Opel make common van
Record Growth and Profit for Morgan Motor Company
Morgan Motor Company has today announced record profitability and growth as it continues to roll out a long-term strategy plan under the guidance of Chairman Dominic Riley, Managing Director Steve Morris and family shareholders – keeping up the positive momentum in the family owned business. Year-end financial reports released today announce record growth from the… Continue reading Record Growth and Profit for Morgan Motor Company
Colin Boden appointed as Group Financial Director of the Morgan Motor Company
Morgan Motor Company, the world’s longest running family owned motor manufacturer, are delighted to announce the appointment of Colin Boden as Group Financial Director with immediate effect. As Group Financial Director, Colin will not only be responsible for the financial functions of the Morgan Group, his role will establish him as a key influence in… Continue reading Colin Boden appointed as Group Financial Director of the Morgan Motor Company
EV3 Project Update – December 2017
Morgan Motor Company has announced a technical partnership with industry leaders Frazer-Nash Energy Systems as the all-electric Morgan EV3 prepares for production in 2018. The EV3 extends Morgan’s truly unique offering. Industry leading, EV technology combines with a lightweight coach built body to offer an unparalleled mix of craftsmanship and technology. Inspired by 1930’s Aero-engine… Continue reading EV3 Project Update – December 2017
Government launches UK Industrial Strategy
Business Secretary Greg Clark MP has today (27 November 2017) launched the government’s ambitious Industrial Strategy, setting out a long-term vision for how Britain can build on its economic strengths, address its productivity performance, embrace technological change and boost the earning power of people across the UK. In the strategy, the government has identified four… Continue reading Government launches UK Industrial Strategy
How VW Paid $25 Billion for ‘Dieselgate’—and Got Off Easy
On Dec. 6, former Volkswagen engineer Oliver Schmidt was led into a federal courtroom in Detroit in handcuffs and leg irons. He was wearing a blood-red jumpsuit, his head shaved, as it always is, and his deep-set eyes seemed to ask, “how did I get here?” As Schmidt’s wife tried to suppress tears in a… Continue reading How VW Paid $25 Billion for ‘Dieselgate’—and Got Off Easy