London CARMAKERS including Renault, Jaguar Land Rover (JLR) and Peugeot have boosted revenues by over US$1 billion in the past decade by using sophisticated pricing software, according to sales presentations prepared by the software vendor, Accenture, and other documents filed in a court case. The software works, Accenture told prospective clients, by identifying which spare… Continue reading How carmakers hike spare parts prices by using software and stealth
Tag: Financial Results
Foreign companies struggle in cash-strapped Turkmenistan
ALMATY/ANKARA (Reuters) – Some foreign companies in Turkmenistan are struggling to make sales and collect payments as economic pressures mount in large part because of a sharp drop in the Central Asian nation’s crucial gas exports. FILE PHOTO: People stay in front of the terminal of the newly built airport with a portrait of Turkmen… Continue reading Foreign companies struggle in cash-strapped Turkmenistan
Software and stealth: how carmakers hike spare parts prices
LONDON/PARIS (Reuters) – Carmakers including Renault, Jaguar Land Rover and Peugeot have boosted revenues by over $1 billion in the past decade by using sophisticated pricing software, according to sales presentations prepared by the software vendor, Accenture, and other documents filed in a court case. FILE PHOTO: Vehicles are seen at a Dongfeng Peugeot Citroen… Continue reading Software and stealth: how carmakers hike spare parts prices
Non, la Chine ne rachète pas la France !
La France investit bien plus en Chine que les Chinois sur notre sol. Au niveau mondial, notre pays est loin d’être la terre d’accueil privilégiée des investisseurs chinois. Nous avons tort de nous en réjouir. Vous aimez cet article ? Partagez le ! Par Steven Zunz. L’année 2018 pourrait bien marquer le début d’un regain… Continue reading Non, la Chine ne rachète pas la France !
UPDATE 4-Marchionne ramps up SUVs as prepares to hand over Fiat Chrysler wheel
BALOCCO, Italy (Reuters) – Fiat Chrysler’s (FCHA.MI) departing Chief Executive Sergio Marchionne delivered a plan on Friday to ramp up sport utility vehicles and invest 9 billion euros ($10.5 billion) in electric and hybrid cars in a bid to double operating profit by 2022. FILE PHOTO: 2015 Jeep Grand Cherokee are exhibited on a car… Continue reading UPDATE 4-Marchionne ramps up SUVs as prepares to hand over Fiat Chrysler wheel
Leading Fiat Out of the Desert
Sergio Marchionne once defined his mission at Fiat Chrysler Automobiles NV — a company formed via the unlikely union of two hobbled automotive also-rans — in almost biblical terms. “We need to be able to cross the desert,” the CEO told investors in 2016 as he looked at the technological revolution facing the industry. “We… Continue reading Leading Fiat Out of the Desert
Fiat Chrysler aims to double profits, pay dividends in new plan
BALOCCO, Italy (Reuters) – Fiat Chrysler expects to at least double adjusted operating profits and return to an investment grade rating and dividends under a new plan to 2022, helped by strong growth from its Jeep SUV brand and an expansions of its premium product portfolio. FILE PHOTO: Fiat Chrysler Automobiles’ (FCA) U.S. headquarters is… Continue reading Fiat Chrysler aims to double profits, pay dividends in new plan
UPDATE 2-Marchionne leaves Fiat Chrysler debt free as prepares to hand over wheel
BALOCCO, Italy (Reuters) – Fiat Chrysler’s (FCHA.MI) Sergio Marchionne laid out his final strategic vision as chief executive on Friday with a focus on sport utility vehicles and a 9 billion euro ($10.5 billion)investment plan for electric and hybrid cars. FILE PHOTO: 2015 Jeep Grand Cherokee are exhibited on a car dealership in New Jersey,… Continue reading UPDATE 2-Marchionne leaves Fiat Chrysler debt free as prepares to hand over wheel
Analysts and Deutsche Bank Shares Shrug Off Ratings Blow
LISTEN TO ARTICLE SHARE THIS ARTICLE While Deutsche Bank AG’s staff are apparently sick of bad news surrounding the German lender, most analysts were more upbeat on Friday, despite the fresh blow of a credit-ratings downgrade by S&P Global. The bank’s shares rose as much as 4.2 percent, the most in more than five weeks,… Continue reading Analysts and Deutsche Bank Shares Shrug Off Ratings Blow
PSA Group: Recovery plan for Opel upset employees in France
PSA plant in Mulhouse The Opel refurbishment causes uncertainty among the employees in France. (Photo: AFP) ParisDie Agreement between works council and managementg on one Rehabilitation plan of Opel causes anger in France, “The French workers are not allowed to pay the bill for the difficulties that management faces in the Integration of Opel “,… Continue reading PSA Group: Recovery plan for Opel upset employees in France