All articles and backgrounds 05/04/2018 Daimler CEO Zetsche on the electric car offensive “Good for the CO2 balance – but not so good for our consolidated balance sheet” REUTERS Mercedes-Maybach 6: During the shareholder meeting in Berlin shows Daimler strength The billion-euro investment in electric mobility at the Stuttgart carmaker Daimler Show stock market chart… Continue reading Daimler CEO Zetsche on the electric car offensive: “Good for the CO2 balance – but not so good for our consolidated balance sheet”
Tag: Financial Results
Dieter Zetsche at the Annual Shareholders’ Meeting: “At Daimler, we take advantage of the opportunities that arise from change. That’s why we occupy the top spot today.”
BERLIN, April 5, 2018 /PRNewswire/ — 2017 was the most successful year in the company’s history Daimler is undergoing the greatest transformation in its history with a focus on five strategic areas Shareholders vote on highest-ever dividend of €3.65 per share to date Changes in the Supervisory Board “Daimler AG mastered many challenges extremely well… Continue reading Dieter Zetsche at the Annual Shareholders’ Meeting: “At Daimler, we take advantage of the opportunities that arise from change. That’s why we occupy the top spot today.”
Annual General Meeting: Despite record numbers – Zetsche is facing new diesel debate
All articles and backgrounds 05/04/2018 Annual General Meeting Despite record numbers – Zetsche is facing a new diesel debate Daimler The carmaker Daimler Show stock market chart can present its shareholders with record numbers at the AGM this Thursday (starting at 10:00 am in Berlin) and still has to expect headwinds again. shareholder representatives have… Continue reading Annual General Meeting: Despite record numbers – Zetsche is facing new diesel debate
Volkswagen picks partners for $25bn battery orders in electric cars push
Volkswagen has picked partners to provide battery cells and related technology worth around €20 billion ($25bn) for its growing electric car programme, adding further pressure on US pioneer Tesla. Until its “dieselgate” emissions scandal was revealed two-and-a-half years ago, Europe’s largest automaker had been slow to embrace electric cars. But the fraud prompted a strategic… Continue reading Volkswagen picks partners for $25bn battery orders in electric cars push
March 2018 and Q1 2018 Sales Conference Notes
March 2018 and Q1 2018 Sales Conference Call Notes
Meituan Confirms $3.7B Mobike Acquisition To Strengthen Its Mobility Offerings
Wang Xing, CEO of Chinese group-buying and location-based services firm Meituan Dianping, has confirmed Meituan’s acquisition of bike sharing firm Mobike in an internal letter reported by local media. China Money Network yesterday reported Meituan was in talks to buy Mobike for US$3.7 billion, including the assumption of debt of US$1 billion. Meituan did not… Continue reading Meituan Confirms $3.7B Mobike Acquisition To Strengthen Its Mobility Offerings
Agreement with unions: PSA invests in Opel plant in Luton
Agreement with unions PSA invests in Opel plant in Luton Starting next year, light commercial vehicles will be built on a PSA platform at Vauxhall’s British sister company’s factory. The PSA Group continues its investment offensive in Opel plants outside Germany. From 2019, the British sister brand Vauxhall should be lightweight in the Luton plant… Continue reading Agreement with unions: PSA invests in Opel plant in Luton
Result of AGM 2018
Result of The 50th Annual General Meeting 1. Financial Statements (KRW) – Approved (Unit: 000 KRW) Consolidated Separated Auditor’s Opinion Unqualified Unqualified Asset 178,199,454,000,000 70,130,650,000,000 Liability 103,442,100,000,000 15,906,232,000,000 Equity 74,757,354,000,000 54,224,418,000,000 Revenue 96,376,079,000,000 41,604,869,000,000 Operating Income 4,574,667,000,000 2,163,447,000,000 Net Income 4,546,400,000,000 2,551,319,000,000 EPS 14,993 9,478 2. Appointment of Directors – Approved Item 2-1… Continue reading Result of AGM 2018
Volvo Cars global sales up 14.1 per cent in the first quarter of 2018
Volvo Cars global sales up 14.1 per cent in the first quarter of 2018 Volvo Cars, the premium car maker, reported a global year-on-year sales increase of 14.1 per cent for the first quarter of 2018 as sales in all main markets increased compared with the same period last year. Total sales in… Continue reading Volvo Cars global sales up 14.1 per cent in the first quarter of 2018
Ford releases salary, pay ratio data for entire workforce
Jim Hackett, President and CEO of Ford Motor Company, speaks during their press preview at the 2018 North American International Auto Show in Detroit in January 2018. (Photo: JEWEL SAMAD, AFP/Getty Images) Ford CEO Jim Hackett earned total compensation of $16.7 million in 2017, his first calendar year at the company’s helm, the automaker said Thursday.… Continue reading Ford releases salary, pay ratio data for entire workforce