Tag Archives: automotive

German Association of the Automotive Industry (VDA): In 2018 the Indian passenger car market will overtake the German market in terms of volume for the first time

Statement delivered by Klaus Bräunig, Managing Director of the German Association of the Automotive Industry (VDA), at the press conference at the German pavilion in New Delhi, India, on Wednesday, Feb. 8, 2018, at 11.30 h local time New Delhi, … Read the full press release

MAHLE names Dr. Jörg Stratmann as new CEO and Chairman of the Management Board

The 48-year-old industrial engineer becomes the new CEO of the MAHLE Group as of February 1, 2018. Wolf-Henning Scheider leaves MAHLE on January 31, 2018. Succession arrangements and new appointments at the top-level management of the MAHLE Group implemented quickly … Read the full press release

German Association of the Automotive Industry (VDA) at the Detroit Motor Show: German manufacturers slightly increased their US sales of light vehicles in 2017

Detroit, MI, USA/Berlin, Germany, 17-Jan-2018 — /EuropaWire/ — Strong growth in the dynamic light truck segment – More production in NAFTA – Higher exports major factor in US trade balance – Direct investment in US and free trade in goods … Read the full press release

GKN plc rejects unsolicited acquisition proposal from Melrose Industries PLC: terms fundamentally undervalue the Company and its prospects

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION. THIS IS AN … Read the full press release

Mercedes-Benz sold 2.3 million cars worldwide in 2017; China the largest individual market for Mercedes-Benz

In 2017, Mercedes-Benz sold approximately 2.3 million cars worldwide, increasing its unit sales by 9.9%. The car division delivered a total of more than 2.4 million Mercedes-Benz and smart to customers last year. 2017 was the seventh consecutive record year … Read the full press release

LeasePlan provides Uber with electric cars in Amsterdam

AMSTERDAM, 08-Sep-2017 — /EuropaWire/ — LeasePlan and Uber have announced a new sustainability initiative for Amsterdam. The technology company will launch a pilot with electric cars, provided by LeasePlan, in the Dutch capital. The first 30 Nissan Leafs will run via … Read the full press release

The path towards the autonomous vehicles passes through the European satellites

PRAGA, Czech Republic, 16-Jan-2017 — /EuropaWire/ — The future of the autonomous driving is “made-in Europe”. The European Agency for the global navigation satellite systems (GSA) has kicked-off ESCAPE, a three-year and 5.4 M€ project to exploit the services offered … Read the full press release

Roland Berger Strategy Consultants and fka Forschungsgesellschaft Kraftfahrwesen mbH Aachen compare relevant automotive nations’ competitive positions in automated driving

New index compares relevant automotive nations’ competitive positions in automated driving (Germany, France, Italy, UK, Sweden, USA, Japan, China, South Korea) Comparison is based on two key indicators: the industry and the market Germany and the US lead in the … Read the full press release