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Car makers
BMW, JLR in EV Parts Pact PDF Print E-mail
Monday, 10 June 2019

BMW will develop their next-generation electric motors, transmissions, and power electronics with Jaguar Land Rover, unveiling yet another industry alliance designed to lower the costs of developing electric cars.

"Together, we have the opportunity

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More Details on VW's Next Golf PDF Print E-mail
Monday, 03 June 2019

Compared to its predecessor, the Golf 8's cabin has a completely different layout , with a central screen that tries to merge with the digital gauges and a radical reduction of physical buttons. The lower side of the dashboard incorporates the slim air vents, separated

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Renault’s Board of Directors has decided to study with FCA the potential 50/50 merger PDF Print E-mail
Tuesday, 28 May 2019

Renault's Board of Directors met yesterday, Monday 27 May, to examine the proposal received from FCA (Fiat Chrysler Automobiles) regarding a potential 50/50 merger between

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BMW's Harald Krüger Sings Shareholder Praises in Munich PDF Print E-mail
Monday, 20 May 2019

Extract from the conference to the stakeholders

"Earning of €9.8bn is the second-highest Group earnings in our history. Our Group EBT margin was above 10%, and we invested almost €6.9bn in R&D.

"You are passionate about everything you do. You create

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German R&D Centre for Geely PDF Print E-mail
Monday, 20 May 2019

Geely Auto Group, who claim to be China's leading privately-owned automotive company, have opened a research and development facility at Raunheim, Germany. They say their intent is to accelerate innovation in new propulsion systems and next-generation

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Outside Perspective for Manley's FCA Team PDF Print E-mail
Monday, 20 May 2019

Since succeeding Sergio Marchionne as CEO last summer, Mike Manley (photo) has largely untangled FCA's organisational chart, delegated critical duties and given the leadership council several calculated infusions of new blood, inviting fresh perspectives

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Next Daimler Chief Will Have Hard Job: Zetsche PDF Print E-mail
Monday, 13 May 2019

Daimler's next CEO will have a tough job to restore margins, current CEO Dieter Zetsche said, as Mercedes launched a new luxury electric car to rival Tesla. He also says the company must find a way to rebuild margins after research and development

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Audi sales slump puts pressure on new CEO PDF Print E-mail
Monday, 13 May 2019

Audi's global vehicle sales fell 13% in April adding urgency to a plan to reignite momentum due later this month from new CEO Bram Schot.
Monthly deliveries dropped to 140,300 and sales since the start of the year have declined 5.9% on a challenging

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FCA Can Survive Tech Disruption: CEO Manley PDF Print E-mail
Monday, 06 May 2019

Fiat Chrysler Automobiles is a "house of brands" and that ensures it will be one of the few traditional automakers to survive the disruption the car industry is facing from the rise of electric and self-driving cars, CEO Mike Manley says.

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New Daimler CEO Weighs Billions in Cost Cuts PDF Print E-mail
Monday, 06 May 2019

Daimler's incoming CEO Ola Källenius is looking for about €6bn in cost savings and efficiency gains by 2021 at Daimler's car plants.

"When you are in transformation, you are investing at the highest level in company history," Källenius said on the sidelines

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GM Results Align With Expectations PDF Print E-mail
Monday, 06 May 2019

General Motors' results were stronger than expected in terms of first-quarter profits, largely on strength of lower costs and brisk sales of trucks. GM reported Q1 income of USD $2.1bn, 93% ahead of last year's first-quarter.

GM say their full-size truck launch

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