Posted 04/25/2018 13: 36: 38CET The company confirms the results advanced in January, with a turnover of 78,100 million in 2017 MADRID, Apr. 25 (EUROPA PRESS) – The Bosch Group expects its turnover to grow between 2% and 3% in 2018, exceeding 80,400 million euros, after achieving record results in 2017 and despite economic and… Continue reading Bosch expects to invoice up to 3% more in 2018, exceeding 80,400 million
Tag: Financial Results
Diesel death prevented ?: Bosch technology pushes emissions far below limits
All articles and backgrounds 04/25/2018 Diesel death prevented? Bosch technology pushes emissions far below limits AP New Bosch technology: Nitrogen oxide emissions are set to drop to 120 milligrams by 2020 – according to Bosch, Bosch is now producing 13 milligrams The world’s largest automotive supplier Bosch does not want to give up the diesel… Continue reading Diesel death prevented ?: Bosch technology pushes emissions far below limits
Car: Every second Volvo should have from 2025 pure electric drive
Volvo wants to sell in the year 2025 half of all vehicles with a purely electric drive. Starting in 2019, a mild hybrid, a plug-in hybrid or a purely battery-electric vehicle is to be offered in each new series presented. April 25, 2018, 8:48 am, Andreas Donath For Volvo, the future is China and the… Continue reading Car: Every second Volvo should have from 2025 pure electric drive
Grab’s acquisition of Uber Southeast Asia drives into problems
The long-rumored Grab acquisition of Uber’s Southeast Asia business may be official now, but it’s far from complete. In fact, what should be a celebratory coming-of-age moment for the Southeast Asian local champion is threatening to become nightmarish thanks to persistent regulators, panicky Uber staff and reluctant drivers who are supposed to switch to Grab… Continue reading Grab’s acquisition of Uber Southeast Asia drives into problems
In Eisenach, Opel employees reject “French social relations”
They were nearly 800 kilometers away but gave themselves a speckled duel. On the one hand, Carlos Tavares, the boss of PSA, who promised his shareholders to straighten Opel with an iron fist. On the other hand, Wolfgang Schäfer-Klug, chairman of the German brand’s works council, promised the employees to stand firm against the “propaganda”… Continue reading In Eisenach, Opel employees reject “French social relations”
Ford Launches Single Distribution Channel in China; Names New Leaders for China, Middle East & Africa, and Marketing
Ford and its China partners establish new single distribution operation for the world’s largest automobile market designed to significantly improve customer experience, brand consistency and efficiency Ford hires two proven auto industry leaders to spearhead its business in Ford Greater China; Henry Li as vice president, Marketing and Sales, and Richard Chen as vice president,… Continue reading Ford Launches Single Distribution Channel in China; Names New Leaders for China, Middle East & Africa, and Marketing
Volvo Cars aims for 50 per cent of sales to be electric by 2025
Volvo Cars aims for 50 per cent of sales to be electric by 2025 Volvo Cars, the premium car maker, aims for fully electric cars to make up 50 per cent of its sales by 2025, the company announced today. The announcement builds on Volvo Cars’ 2017 industry-first announcement that all new models released… Continue reading Volvo Cars aims for 50 per cent of sales to be electric by 2025
CEO Tavares insists on austerity measures
At Opel, the fronts between the workforce and the French mother Peugeot harden. Despite protests and good numbers, CEO Tavares urges a wage waiver. Opelians protest in Eisenach, Thuringia Tuesday, 24.04.2018 5:32 pm Because of the planned renovation of the OpelWorks in Germany, the workforce goes with the parent company Peugeot SA (PSA) on confrontation… Continue reading CEO Tavares insists on austerity measures
Ford Changed Leaders, Looking for a Lift. It’s Still Looking.
“When are we going to know these six?” Adam Jonas of Morgan Stanley asked. “Because I asked you a pretty straightforward question. You’re alluding to the six in your slides. You’re clearly not willing to talk about them.” Then, with a tone of exasperation rarely heard in such calls, Mr. Jonas added, “That’s a problem,… Continue reading Ford Changed Leaders, Looking for a Lift. It’s Still Looking.
Groupe PSA: Shareholders’ Meeting of 24 April 2018
RUEIL MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) : The Annual Shareholders’ Meeting of Peugeot S.A. was held on 24 April 2018, under the Chairmanship of Mr Louis Gallois. The Shareholders’ Meeting adopted all the resolutions proposed by the Supervisory Board and the Managing Board, particularly the proposal to pay a dividend in an amount… Continue reading Groupe PSA: Shareholders’ Meeting of 24 April 2018