VW boss Diess wants to concentrate state subsidies exclusively on e-cars, with the advance, however, BMW has grossed. Now the corporations have agreed to work together to prepare a strategy. Has triggered the dispute: VW boss Herbert Diess (archive) Thursday, 21.03.2019 07:24 clock The VWDemand for a radical change to battery-powered electric mobility has the… Continue reading Autobusses put electro-conflict for the time being
Tag: Financial Results
Mark Ovenden
Mark Ovenden is president, International Markets Group, Ford Motor Company effective April 1. In this role, he will lead the business unit which oversees more than 100 markets, including the company’s operations in Africa, ASEAN, Australia, India, Mexico, Middle East, New Zealand and South Korea, and a number of emerging and distributor markets around the… Continue reading Mark Ovenden
Technology dispute between BMW and VW: Autobuses put electro-conflict for the time being
VW boss Diess wants to concentrate state subsidies exclusively on e-cars, with the advance, however, BMW has grossed. Now the corporations have agreed to work together to prepare a strategy. The VWDemand for a radical change to battery-powered electric mobility has the German auto industry split. Essentially, it is about whether state subsidies – as… Continue reading Technology dispute between BMW and VW: Autobuses put electro-conflict for the time being
The end of the thermal engines in 2040 could cost 500 billion to the State
Promising two years ago the end of the sale of petrol or diesel cars by 2040 in France, Nicolas Hulot had set a very ambitious course. The magnitude of the task is measured, in particular, by the proportion of 100% electric engines in the volume of new registrations, whereas, according to the data of the… Continue reading The end of the thermal engines in 2040 could cost 500 billion to the State
China Geely Auto’s full-year profit jumps 18 percent, shares climb
BEIJING (Reuters) – China’s Geely Automobile Holdings posted an 18 percent jump in annual net profit, driven by higher sales of its sedans and sports utility vehicles (SUVs), but forecast flat sales growth in 2019 due to uncertainty about domestic demand. FILE PHOTO: The Geely Automobile Holdings logo is pictured at the Auto China 2016… Continue reading China Geely Auto’s full-year profit jumps 18 percent, shares climb
China’s Geely posts 18 percent profit jump, predicts flat 2019 sales
BEIJING (Reuters) – China’s Geely Automobile Holdings Ltd said higher sales of its sedans and sports utility vehicles (SUVs) drove 2018 net profit up 18 percent, but forecast flat sales growth for this year due to uncertainty about overall domestic demand. FILE PHOTO: The Geely Automobile Holdings logo is pictured at the Auto China 2016… Continue reading China’s Geely posts 18 percent profit jump, predicts flat 2019 sales
China’s Geely says 2018 net profit climbs 18 pct on higher revenue
FILE PHOTO: The Geely Automobile Holdings logo is pictured at the Auto China 2016 auto show in Beijing, China April 25, 2016. REUTERS/Kim Kyung-Hoon/File Photo BEIJING (Reuters) – China’s Geely Automobile Holdings Ltd said on Thursday higher sales drove its 2018 net profit up 18 percent, even as growing political uncertainty affected overall domestic demand.… Continue reading China’s Geely says 2018 net profit climbs 18 pct on higher revenue
UPDATE 3-BMW plans to cut costs after warning on profits
MUNICH (Reuters) – BMW expects group pretax profit to fall by more than 10 percent this year and plans a sweeping 12 billion euro ($13.6 billion) savings and efficiency plan to help offset higher technology investment and currency costs. The German carmaker last week reported a 7.9 percent fall in 2018 operating profit and said… Continue reading UPDATE 3-BMW plans to cut costs after warning on profits
BMW Group Annual Report 2018
Do you need help? Please contact our support team from 9 to 17 CET via support.pressclub@bmwgroup.com. PressClub Global · Article. Wed Mar 20 10:04:12 CET 2019 Press Release Top BMW Group Annual Report 2018 Attached please find the Annual Report 2018 for download. The Annual Accounts Press Conference will be held on 20 March 2019… Continue reading BMW Group Annual Report 2018
Statement and Presentation by Dr Nicolas Peter, Member of the Board of Management of BMW AG, Finance, BMW Group Annual Accounts Press Conference 2019
Ladies and Gentlemen, Good morning from me as well. The year 2018 once again demonstrated the financial and performance strength of the BMW Group. Despite massive headwinds, we reported the second-best result in our company’s history: for the past 15 years, we have now been the world’s leading premium car company. At 7.2%, our EBIT… Continue reading Statement and Presentation by Dr Nicolas Peter, Member of the Board of Management of BMW AG, Finance, BMW Group Annual Accounts Press Conference 2019