Jürgen Keller: “The Opel dealers remain the interface to the customer.” © Photo: Dietmar Stanka / AUTOHAUS The fears of Opel dealers come true. The Rüsselsheim car manufacturer announces the existing contracts throughout Europe and wants to “tackle the basics”. The key messages from Germany boss Jürgen Keller. By Ralf Padrtka / AUTOHAUS Opel wants… Continue reading Network termination: new contracts for Opel dealers
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Inside BMW’s Autonomous Driving Campus and plans
Dr. Dirk Wisselmann, senior expert for autonomous driving at BMW, tells me that the automaker’s first level 3 car will have the technical capabilities for level 4 or 5 highway driving. “We can create a software update (for the car) and inform our drivers, ‘We are are very confident on this road. We are very… Continue reading Inside BMW’s Autonomous Driving Campus and plans
Alibaba Accelerates Autonomous Driving Research, Following In Footsteps Of Baidu And Tencent
Alibaba Group Holding Ltd. is accelerating its research and development of autonomous driving technology, and is looking to recruit more than 50 people to build up its team, people familiar with the matters told China Money Network. The news comes a week after Alibaba’s rival Tencent Holdings Ltd. set up a joint venture with Chinese automobile manufacturer… Continue reading Alibaba Accelerates Autonomous Driving Research, Following In Footsteps Of Baidu And Tencent
Escalation at Opel: Ministers ask PSA chief for crisis summit – and Tavares does not come
All articles and backgrounds 04/16/2018 Escalation at Opel Minister ask PSA chief for crisis summit – and Tavares is not coming AP; AFP; REUTERS Economics Minister Peter Altmaier, Carlos Tavarez, Labor Minister Hubertus Heil: Two federal ministers invite – and the boss of the Opel-dam PSA does not come When PSA boss Carlos Tavares telephoned… Continue reading Escalation at Opel: Ministers ask PSA chief for crisis summit – and Tavares does not come
UPDATE 1-VW’s trucks division open to buying majority of Navistar -CFO
MUNICH (Reuters) – Volkswagen (VOWG_p.DE) is open to buying at some point a majority stake in U.S. truckmaker Navistar International Corp (NAV.N) as it pushes to expand its truck division’s global presence and tap capital markets. FILE PHOTO: A VW sign is seen outside a Volkswagen dealership in London, Britain November 5, 2015. REUTERS/Suzanne Plunkett/File… Continue reading UPDATE 1-VW’s trucks division open to buying majority of Navistar -CFO
Renschler dampens expectation: IPO for VW truck boss not identified
All articles and backgrounds 04/16/2018 Renschler dampens expectation IPO is not made for VW truck boss [M] PR The truck brands of the Volkswagen Group are growing together, but an IPO is not necessarily linked to this Volkswagen wants to transform its commercial vehicle division Truck & Bus into a public company. An IPO is… Continue reading Renschler dampens expectation: IPO for VW truck boss not identified
VW trucks division open to taking over Navistar -CFO
MUNICH (Reuters) – Volkswagen’s (VOWG_p.DE) heavy-truck division sees taking over U.S. commercial truck partner Navistar International Corp (NAV.N) would to eventually make sense. FILE PHOTO: A VW sign is seen outside a Volkswagen dealership in London, Britain November 5, 2015. REUTERS/Suzanne Plunkett/File Photo VW’s truck and bus division acquired a 16.9 percent stake in Navistar… Continue reading VW trucks division open to taking over Navistar -CFO
Group 1 Automotive Expands Presence in Brazil
HOUSTON, April 16, 2018 /PRNewswire/ — Group 1 Automotive, Inc. (NYSE: GPI), (“Group 1” or the “Company”), an international, Fortune 500 automotive retailer, today announced the acquisition of a new Toyota market area in western São Paulo, Brazil as well as a major expansion to an existing Honda dealership located in the São Paulo suburb of São Bernardo do… Continue reading Group 1 Automotive Expands Presence in Brazil
PROTON CONFIDENT ON NETWORK SYNERGY OUTCOME
PRESS PROTON CONFIDENT ON NETWORK SYNERGY OUTCOME Posted on Apr 16, 2018 Subang Jaya, 16 April 2018 – 2018 is an important year for PROTON after the acquisition of 49.9% shares by Geely as the Company undergoes numerous initiatives internally to ensure a successful turnaround in a short time. With the new partnership comes renewed… Continue reading PROTON CONFIDENT ON NETWORK SYNERGY OUTCOME
Press Releases – Motor vehicles generate €413 billion in taxes for EU-15, new data shows
Brussels, 16 April 2018 – The latest data shows that taxation on motor vehicles in the EU-15 is worth €413 billion annually – about three times the total budget of the European Union. This figure is up 4% compared with one year earlier. The data was published today in the 2018 Tax Guide of the… Continue reading Press Releases – Motor vehicles generate €413 billion in taxes for EU-15, new data shows