Category archives for: Automotive

Groupe Renault acquires a 40% share in the Challenges media group

Groupe Renault and the Challenges Group have combined efforts to develop editorial services for connected, autonomous cars and to respond to new opportunities for innovative ways of distributing content. Groupe Renault will acquire 40% of the capital of the Challenges Group, which comprises five magazines: Challenges, Sciences & Avenir, La Recherche, L’Histoire and Historia. Upon […]

Mercedes-Benz sales November 2017

Mercedes-Benz sold 195,698 vehicles in November – more than ever before in the eleventh month of the year (+7.2%). Thanks to double-digit growth (+10.7%), more vehicles were delivered to customers in the first eleven months (2,095,810 units) than in the entire previous year.   The S-Class Saloon posted an 18.5% increase in unit sales in […]

ESCP Europe and Groupe Renault Co-founders of new chair for Intercultural Management

Groupe Renault and the ESCP Europe Business School announced the inauguration of a Chair for Intercultural Management. The new Renault Chair for Intercultural Management at ESCP Europe Business School aims to advance knowledge in managerial practices that afford full consideration for cultural diversities, and to offer the academic world a research corpus on multicultural organisation […]

Mercedes-Benz in March: strongest-ever sales month

…with more than 228,000 cars sold     Mercedes-Benz sold more vehicles in March than ever before in one month: 228,296 cars were handed over to customers, an increase of 14.8%.     From January to March, Mercedes-Benz achieved sales of 560,625 units (+16%) – its best quarter of all time.     In the Europe region, more […]

A clear step forward for Porsche in terms of results and returns

– Number of employees reaches almost 28,000 The most successful year in the history of the company: In the 2016 financial year, Porsche AG achieved record highs in terms of deliveries, revenue, operating result and number of employees. Deliveries increased by six per cent to 237,778 vehicles, thereby achieving a revenue of 22.3 billion euros […]

Mercedes-Benz starts the new year with more than 18% growth and a new sales record

    Mercedes-Benz delivered 178,467 vehicles worldwide last month (+18.3%), more than ever before in a January     Over 30% growth in the Asia-Pacific region     Ongoing success in China: with nearly 59.000 cars sold in January and a plus of roughly 40%, the previous best month was surpassed by over 12,000 units     Unit sales […]

Liberty Media Prices Private Offering of $400,000,000

….of 1.0% Cash Convertible Senior Notes due 2023 to Buy LMCK Shares to be Held for Formula 1 Teams Liberty Media Corporation („Liberty“) (Nasdaq: LSXMA, LSXMB, LSXMK, BATRA, BATRK, LMCA, LMCK) announced today that it has priced and agreed to sell to initial purchasers in a private offering $400,000,000 aggregate principal amount of its 1.0% […]

Liberty Media Corporation Announces Proposed Private Offering

 of Cash Convertible Senior Notes to Buy $400m of LMCK Shares to be Held for Formula 1 Teams Liberty Media Corporation („Liberty“) (Nasdaq: LSXMA, LSXMB, LSXMK, BATRA, BATRK, LMCA, LMCK) announced today that it intends to issue cash convertible senior notes in a private offering. The notes will be convertible into cash in an amount […]

Daimler Financial Services acquires PayCash Europe SA Luxembourg

     PayCash Europe SA will become the electronic payment system for services provided by the Daimler Group under the new “ Mercedes pay” brand name     “Mercedes pay” enables payments on-the-go with a smartphone     Bodo Uebber, Member of the Board of Management of Daimler AG responsible for Finance & Controlling and Daimler Financial […]

Porsche sets new sales record

Over 237,000 vehicles sold worldwide In 2016, Dr. Ing. h.c. F. Porsche AG far exceeded its 2015 record. The Stuttgart-based sportscar manufacturer delivered a total of 237,778 vehicles around the world, some 6 per cent more than the previous record. The key drivers of growth were Europe, the USA and China. The Macan and the […]

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