Volkswagen’s I.D. Crozz, I.D. Vizzion and I.D. Buzz model cars at the 88th International Motor Show at Palexpo in Geneva, Switzerland. Photo: Denis Balibouse/Reuters The accelerating demise of diesel, long used by carmakers to boost fuel-efficiency, is undermining their plans to meet looming European Union CO2 goals and avoid big annual fines. Executives gathered at… Continue reading Diesel collapse gives carmakers carbon headache
Tag: Financial Results
McKinsey summarizes state of the art, latest trends in electric cars
Follow John Over the seven years modern, mass-priced electric cars have been on sale, various bits of wisdom have emerged among their fans, advocates, and owners. One might be how much battery range is “enough” to prevent drivers from worrying constantly about whether they need to charge. Another might be which vehicles have batteries that… Continue reading McKinsey summarizes state of the art, latest trends in electric cars
GM exec: We’re all-in on sedans
Amid speculation that General Motors Co. could cut two sedan nameplates in the next five years, the automaker’s top brass says it’s still all-in on the dwindling sedan segment. (Photo: Daniel Mears / Detroit News, file) Las Vegas — Amid speculation that General Motors Co. could cut two sedan nameplates in the next five years,… Continue reading GM exec: We’re all-in on sedans
British new van market declines -5.6% in March
05 April 2018 #LCVs #Registrations #SMMT News UK new van registrations fall -5.6% in March, with just under 60,000 hitting UK roads. Uplift in demand for smaller vans (1.8%) and pickups (6.8%) fails to offset declines for medium (-2.0%) and heavier (-10.5%) models. More than 94,000 new van registrations in Q1 – dropping -3.7% compared… Continue reading British new van market declines -5.6% in March
Daimler CEO Zetsche on the electric car offensive: “Good for the CO2 balance – but not so good for our consolidated balance sheet”
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”
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