|
Mitsubishi Motors Personnel change
31.03.2021
|
| Personnel ChangeMITSUBISHI MOTORS CORPORATION (MMC) will make the following personnel changes as of April 1.
April 1, 20211. Important Personnel Changes N more >> |
Cécilia Taieb, new SEAT S.A. Global Director of Communications
25.03.2021
|
| Taieb has more than 20 years’ experience in strategic communications across a range of industries She will rep more >> |
Andreas Walingen- New Chief Strategy Officer at Volkswagen
24.03.2021
|
| Andreas Walingen to become new Chief Strategy Officer of the Volkswagen Passenger Cars brand effective May 1, 2021 Michael Jost is leaving the company at his own request to pursue his own projects Andreas Walingen, currently head of Group Product Str more >> |
Kia Motors America Hires Michael McHale as Director, Brand Experience
22.03.2021
|
| Automotive industry veteran to lead all public relations, external communications and experiential initiatives McHale brings more than 25 years of communications experience across mass-market, luxury and startup brands more >> |
Porsche AG set a new revenue record in the 2020 financial year
19.03.2021
|
| ... its value grew to 28.7 billion euros, surpassing the previous year’s figure by more than 100 million euros.Porsche achieves sustainable growth in 2020 financial yearThe operating result is 4.2 billion euros. The pre more >> |
Audi defies the corona crisis with a robust performance in the 2020 financial year
19.03.2021
|
| CEO Markus Duesmann: “A successful conclusion to the financial year 2020 thanks to a strong team performance”
In a challenging market environment: sales revenue approx. €50.0 more >> |
Ducati proves to be a solid and profitable company with a positive cash flow even in a complex year like 2020
18.03.2021
|
| • 48,042 motorcycles delivered, € 676 million in turnover and € 24 million in operating profit, equal to 4% of operating margin• more >> |
Automobili Lamborghini: Strong profitability and second-best year ever for turnover and sales
18.03.2021
|
| 2020: record operating margin
The second-best year ever for turnover and sales Order bank already covers nine months of 2021 production more >> |
Volkswagen drives forward its transformation
16.03.2021
|
| Chief Human Resources Officer Gunnar Kilian: “Measures in the set of guidelines will provide solutions to the challenges posed by the transformation and allow for disciplined cost management”
&nbs more >> |
Consumer car finance new business volumes fell by 35% in January 2021
16.03.2021
|
| New figures released today by the Finance & Leasing Association (FLA) show that the consumer car finance market reported a fall in new business volumes of 35% in January 2021, compared with the same month in 2020. The consumer new car finance market reported a fall in new business volumes of 38% in January compared with the same month in 2020. The pe more >> |
McLaren Automotive appoints Gareth Dunsmore as Chief Marketing Officer
15.03.2021
|
| Luxury British supercar maker McLaren Automotive has appointed Gareth Dunsmore as Chief Marketing Officer.Gareth will be part of McLaren’s executive team, heading-up global marke more >> |
Sale of its entire stake in Daimler by Renault
11.03.2021
|
|
Renault S.A (“Renault”) announces today that it intends to sell its entire stake in Daimler A.G (“Daimler”) (i.e. 16,448,378 shares, representing 1.54% of the share capital of Daimler) through a placement to qualified investors, as defined in Article 2 point ( more >> |
BMW Strong second half-year 2020 driven by high demand and well-coordinated management
11.03.2021
|
| - Group profit before tax for second half-year up 9.8% year-on-year - Q4 EBIT margin of 7.7% in Automotive segment - Full-year EBIT margin at higher edge of target range - Free cash flow of € 3.4 billion despite lockdowns above previous year - Dividend of € 1.90 per share of common stock proposed - Zipse: "Starting 20 more >> |
BMW Group becomes first premium manufacturer to publish Integrated Group Report
11.03.2021
|
| BMW Group Report 2020 combines Annual Report and Sustainable Value Report for the first time - Company-wide, transparent reporting for all stakeholders - Official validation of CO2 targets by Science-Based Targets Initiative more >> |
Organizational appointments at Automobili Lamborghini
10.03.2021
|
|
Automobili Lamborghini announces two key organizational appointments, designed to facilitate effective and rational corporate management and process integration as the company heads into its next phase.Federico Foschini takes on the new role of Chi more >> |
Appointments within the Alliance Renault- Nissan- Mitsubishi
10.03.2021
|
| Groupe Renault, Nissan Motor Co., Ltd. and Mitsubishi Motors Corporation announce today new appointments within the Alliance as of April 1st, 2021.Véronique Sarlat-Depotte, currently Alliance EVP, Purchasing and Managing Director of All more >> |
Distribution of Faurecia shares and cash has become unconditional
10.03.2021
|
| Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announced today that the previously announced conditional distribution (the “Distribution”), pursuant to a capital reduction, by Stellantis to the holders of its common shares of up to 54,297,006 ordinary shares of Faurecia S.E. (“Faurecia”) and up to €308 million in cash, being the proce more >> |
Porsche increases stake in Rimac Automobili to 24 percent
08.03.2021
|
| Sports car manufacturer expands strategic partnershipGreen light for the further expansion of electric mobility: The Supervisory Board of Porsche AG agreed on Friday to increase its stake in Rimac Automobili from 15 to 24 percent. The Croatian company more >> |
New Alfa Romeo Brand Organisation
06.03.2021
|
| Alfa Romeo announces a new global organisation and the following new appointments.Jean-Philippe IMPARATO, Alfa Romeo Brand CEO:"Pleased to announce our new global organisation. A team made up of people wi more >> |
Changes to Porsche AG’s Executive Board
05.03.2021
|
| Uwe-Karsten Städter hands over the reins to Barbara FrenkelAfter 47 years in the Volkswagen Group, Uwe-Karsten Städter will be taking his well-earned retirement. The Member of the Executive Board of Porsche AG responsible for Procurement will be leaving the c more >> |
Volvo Cars reports 29.1 per cent sales growth in the first two months of 2021
05.03.2021
|
| Volvo Cars’ global sales performance remained strong in February, after the company posted 29.1 per cent growth for the first two months of the year compared with the same period last year.Total sales during the period amounted to 110,383 cars, more >> |
Stellantis announces conditional distribution of Faurecia shares and cash
05.03.2021
|
| Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announced today a conditional distribution by Stellantis to the holders of its common shares of up to 54,297,006 ordinary shares of Faurecia S.E. (“Faurecia”) and up to €308 million in cash, being the proceeds received by Peugeot S.A. from the sale of ordinary shares of Faurecia in October 2020, paya more >> |
Stellantis publishes agenda for the 2021 AGM
05.03.2021
|
| Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announced today that it has published the agenda and the explanatory notes for the 2021 Annual General Meeting of Shareholders (“AGM”), which will take place virtually on April 15, 2021. more >> |
Brembo Q4 2020 results
04.03.2021
|
| BREMBO: Q4 2020 REVENUES AT €648.7 MILLION, UP 4.5% (+7.8% ON A LIKE-FOR-LIKE EXCHANGE RATE BASIS) NET PROFIT AT +17.5% TO €64.8 MILLION.DIVIDEND PROPOSAL: €0.22 PER SHARE.Q4 2020 results:• Revenues at +4.5% compared to Q4 of the previous year (+7.8% on a like-for-like more >> |
Daimler Buses did well in fiscal year 2020 despite COVID-19 and continues to drive CO2-neutral passenger transport
04.03.2021
|
| Fiscal year 2020 at Daimler Buses characterized by significantly contracting markets as a result of the COVID-19 pandemic
Market leadership secure in core EU 30, Brazil, Argentina, Mexico and Tur more >> |
Mercedes-Benz Bank successful in challenging market environment in 2020
04.03.2021
|
| Contract portfolio for vehicle leasing and financing amounted to 25.9 billion euros in 2020, which was at the level of the previous year. Customer deposits increase to 13 billion euros. Potential this year thanks to new Mercedes-Benz C-Class and trend toward hybrid and electric vehicles. more >> |
Stellantis NV Strong 2020 Results
04.03.2021
|
| Further to the creation of Stellantis N.V. through the closing of the cross-border legal merger between Fiat Chrysler Automobiles N.V. (FCA) and Peugeot S.A. (PSA) on January 16, 2021, the following documents are the earnings releases of the legacy operations of FCA and PSA for the year ended December 31, 2020. more >> |
Honda and Acura Trucks Set New February Sales Records
02.03.2021
|
| • Honda trucks record best-ever February sales, rising 5.7%
• Honda Passport (up 18.6%) and HR-V (up 1%) set new February marks• Fr more >> |
Marc Lechantre appointed Responsible Used Vehicles for Stellantis
02.03.2021
|
| Effective March 1st, 2021, Marc Lechantre is appointed Responsible Used Vehicles for Stellantis. He will report to Philippe de Rovira, Stellantis’ Chief Affiliates Officer.
Marc Lechantre joined Groupe PSA in 2006 and was more >> |
Matt Harrison to be appointed President and CEO of Toyota Motor Europe and CEO
02.03.2021
|
| ... Europe Region, Toyota Motor Corporation, succeeding Dr. Johan van Zyl Change effective April 2021 Van Zyl to remain Chairman, Toyota South Africa MotorsToyota Motor Europe ( more >> |
Supervisory Board of AUDI AG appoints new Member of the Board of Management for Finance and Legal Affairs
01.03.2021
|
| Supervisory Board Chair Diess: “Jürgen Rittersberger is an expert in management, controlling and strategy” Deputy Chair Mosch: “realize investments to successfully transform our company” CEO Duesmann: “he will slot right into our team, ensuring a seamles more >> |
Oliver Hoffmann named new Member of the Audi Board for Technical Development
24.02.2021
|
| Supervisory Board Chair Diess: "an accomplished engineer with the right leadership qualities to head up the technical heart of this premium brand" Deputy Chair Mosch: "welcome news for staff at both German sites" CEO Duesmann: "a long-time Audi colleague, stands for true integrity and tea more >> |
Tesla Delivered 180,600 Vehicles in Q4 2020 - 30% More than Q3
23.02.2021
|
| Tesla and enigmatic founder, Elon Musk have been on the news regularly in recent months for the company’s impressive performance in 2020. Musk has long wanted to break through the mainstream market with his electric cars and it seems that more >> |
LKQ Europe tops second half 2020 segment EBITDA margin outlook
22.02.2021
|
| Strong second half in European segment with a segment EBITDA margin of 8.9%, above the range of 8.0% to 8.5% presented at the September 2020 LKQ Investor Day.LKQ Corporation (Nasdaq:LKQ) reported fourt more >> |
Renault Board of Directors communication
18.02.2021
|
| Groupe Renault continues the renewal of its Board of Directors, which began in 2019, strengthening its financial, digital and mobility expertise.At today’s meeting, on the recommendation of the Governance and Remuneration Committee, Renault's Board more >> |
AAAM and Afreximbank sign an MoU to drive Automotive Investment in Africa
18.02.2021
|
| also on african.partnersThe African Export-Import Bank (Afreximbank) and the African Association of Automotive Manufacturers (AAAM) have entered into a Memorandum of Understanding (MoU) for the financing and promotion of the automotive industry in Africa. more >> |
Daimler confident for 2021
18.02.2021
|
| Financial results 2020 significantly better than expected amid COVID-19 challenges Net profit increased by 48% to €4.0 billion (2019: €2.7 billion) Net liquidity of the industrial business of €17.9 billion (end of Q3 2020: €13.1 billion/end of 2019: €11.0 billion)&nb more >> |
Ford Europe Goes All-In on EVs on Road to Sustainable Profitability; Cologne Site Begins $1 Billion Transformation
18.02.2021
|
| Ford says by mid-2026, 100% of its passenger vehicle range in Europe will be zero-emissions capable, all-electric or plug-in hybrid; moving to all-electric by 2030
Ford’s commercial vehicle ran more >> |
UK bus and coach registrations decline -32.0% as Covid hits 2020 market
18.02.2021
|
| BUS AND COACH REGISTRATIONS17 February 2021 (data for Q4 and full year 2020) Demand for new buses and coaches drops -32.0% in 2020, with 3,996 vehicles joining UK roads. Single-deck registrations, down -58.7% to 755 un more >> |
