BERLIN/MOSCOW, Oct 26 (Reuters) – Mercedes-Benz (MBGn.DE) said on Wednesday it would withdraw from the Russian market and sell shares in its industrial and financial services subsidiaries to a local investor, becoming the latest carmaker to exit the country. Japan’s Nissan (7201.T) this month took a $687 million loss in handing over its business in… Continue reading Gallery
Tag: Financial Results
German Handelsblatt: Auto industry: Mercedes doubles profit and increases its forecast again005470
Krieg, Inflation, Zinswende: Über der gesamten europäischen Industrie hat sich ein „perfekter Sturm“ zusammengebraut, bekundete Mercedes-Chef Ola Källenius erst vor wenigen Tagen. Der Manager beobachtet eine nie dagewesene „Makronervosität“. Sein Unternehmen spürt davon im Tagesgeschäft jedoch bis dato nahezu nichts. Im Gegenteil: Der Stuttgarter Autobauer verdient trotz der vielen Krisen weiterhin prächtig.Im dritten Quartal konnte… Continue reading German Handelsblatt: Auto industry: Mercedes doubles profit and increases its forecast again005470
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BERLIN, Oct 26 (Reuters) – Mercedes-Benz expects top end vehicle sales to rise in the single digits and said battery-electric vehicle production was hampered by production bottlenecks this year as it released third quarter results on Wednesday. The carmaker had said in July it expected top end vehicle sales to grow by 10%. It was… Continue reading Untitled
Elbit Systems Awarded a $65 Million Contract to Supply a Modernization Solution to a Latin American Army
HAIFA, Israel, Oct. 26, 2022 /PRNewswire/ — Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems”) announced today that it was awarded a contract valued at approximately $65 million to supply a modernization solution to a Latin American Army. The contract will be executed over a period of two and a half years. Under the… Continue reading Elbit Systems Awarded a $65 Million Contract to Supply a Modernization Solution to a Latin American Army
German Handelsblatt: Auto industry: Mercedes doubles profit and increases its forecast again005469
Krieg, Inflation, Zinswende: Über der gesamten europäischen Industrie hat sich ein „perfekter Sturm“ zusammengebraut, bekundete Mercedes-Chef Ola Källenius erst vor wenigen Tagen. Der Manager beobachtet eine nie dagewesene „Makronervosität“. Sein Unternehmen spürt davon im Tagesgeschäft jedoch bis dato nahezu nichts. Im Gegenteil: Der Stuttgarter Autobauer verdient trotz der vielen Krisen weiterhin prächtig.Im dritten Quartal konnte… Continue reading German Handelsblatt: Auto industry: Mercedes doubles profit and increases its forecast again005469
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OSLO, Oct 26 (Reuters) – Norwegian Air (NAS.OL) reported a rise in third-quarter net profit on Wednesday, boosted by recovery from the pandemic and a pilot strike at rival SAS (SAS.ST), but said it would reduce capacity by a quarter during the winter months. The July-September net profit rose to 910 million crowns ($87.57 million)… Continue reading Untitled
German Handelsblatt: Auto industry: Mercedes profit doubles thanks to high demand – forecast increased005467
Mercedes boss Ola Källenius Strong demand and higher prices helped Mercedes-Benz to jump in profits in the third quarter. From July to September, the group earned 5.2 billion euros before interest and taxes – that was 83 percent more than in the same period last year, when the chip shortage slowed deliveries, as the carmaker… Continue reading German Handelsblatt: Auto industry: Mercedes profit doubles thanks to high demand – forecast increased005467
German Handelsblatt: Auto industry: Mercedes profit doubles thanks to high demand – forecast increased005467
Mercedes boss Ola Källenius Strong demand and higher prices helped Mercedes-Benz to jump in profits in the third quarter. From July to September, the group earned 5.2 billion euros before interest and taxes – that was 83 percent more than in the same period last year, when the chip shortage slowed deliveries, as the carmaker… Continue reading German Handelsblatt: Auto industry: Mercedes profit doubles thanks to high demand – forecast increased005467
Honda Cars India profitable for the first time in three years, eyes breakeven at one lakh units
Honda Cars India profitable for the first time in three years, eyes breakeven at one lakh units After consolidating its manufacturing footprint and rationalising workforce through a voluntary retirement scheme amid the Covid-19 crisis, Honda Cars India’s balance sheet has returned to black for the first time in three years. With the aim of making… Continue reading Honda Cars India profitable for the first time in three years, eyes breakeven at one lakh units
@BMW: Expressive individualists – MINI Edition models add a big touch of new colours to life.002368
Munich. The MINI Editions emphasise the central character elements of the respective models by focussing on exclusive and harmonised equipment and design features. From November 2022, the particularly authentic product personalities will each present themselves with new paint finishes that add a touch of colour to the lives of MINI drivers. The power consumption figures for… Continue reading @BMW: Expressive individualists – MINI Edition models add a big touch of new colours to life.002368