BMW Annual Conference 2025 Q&A: On track for growth in 2025 with NEUE KLASSE On March 14th, BMW AG held the presentation for the 2024 financial results. The event was presented by the Board of Management including Oliver Zipse, Chairman of the Board of Management. Key Points The all-new BMW iX3 will debut at the IAA Mobility in Munich and start production in late 2025. BMW to launch more than 40 new and updated models by 2027. BMW’s profits (...

News  Updated at: 2025/03/19

Volkswagen Annual Media Conference 2025 and Q&A: Accelerating Transformation and Innovation On March 13, at 09:00 am CET, Volkswagen Group held its Annual Media Conference 2025. The event was broadcast from the Drive Forum in Berlin, where Mr. Oliver Blume (CEO of Volkswagen Group) and Mr. Arno Antlitz (CFO and COO of Volkswagen Group) presented the sales and financial results of the VW Group in 2024, as well as the outlook for 2025 and beyond. O...

News  Updated at: 2025/03/18

Renault 2024 financial presentation and Q&A: Record Profits, EV Cost Reduction, and Strategies to Overcome CAFE 2025 Challenges On February 20th, Renault held the presentation for the 2024 financial results. The event was presented by Mr. Luca de Meo (CEO) and Mr. Thierry Piéton (CFO of Renault Group), who will step down from the position. Mr. Piéton will be succeeded by Mr. Duncan Minto, present CFO of Alpine.  Key points for 2024 results: R...

News  Updated at: 2025/02/21

i group would have a circa 8 million global Light Vehicle production footprint, based on 2024 projections, which they would look to use to gain scale advantages through vehicle platform sharing and reducing costs. Other savings could be found through sharing other functions, including research and development, by optimizing manufacturing processes, facilities, systems and back-office operations. However, while the group’s sheer scale has key be...

News  Updated at: 2025/01/16

new plan is split into mid-term imperatives for fiscal years 2024 through 2026, and mid-long-term actions to be carried out through 2030. Under the two-part plan, Nissan will first take actions to ensure volume growth through a tailored regional strategy and prepare for an accelerated transition to EVs, supported by a balanced electrified/ICE product portfolio, volume growth in major markets and financial discipline. This will pave the way for th...

News  Updated at: 2024/03/25

Volkswagen Annual Media Conference 2024 and Q&A: continue value over volume approach On March 13th, at 09:00 am CET, Volkswagen Group started the Annual Media Conference 2024. The event was broadcast from the Drive Forum in Berlin, where Mr. Oliver Blume (CEO of Volkswagen Group) and Mr. Arno Antlitz (CFO & COO of Volkswagen Group) conducted the proceedings, presenting the sales and financial results of the VW Group in 2023, as well as the outlo...

News  Updated at: 2024/03/15

Mercedes-Benz Group Financial Results 2023 and Q&A: slow down electrification plan On February 22, at 09:00 am CET, Mercedes-Benz Group started the Annual Results conference. The event was broadcast from Mercedes-Benz’s Global Training Center in Stuttgart. Olla Källenius (Chairman of the  Board Management) and Harald Wilhem (Finance & Controlling / Mercedes-Benz Mobility) conducted the presentation and answered the questions posed by the Ana...

News  Updated at: 2024/02/26

sentation for the 2023 Full Year Financial Results. Luca de Meo (CEO Renault Group) and by Thierry Piéton (CFO Renault Group) conducted the presentation.  Some key moments of 2023:  Renault’s financial performance results have been the highest in more than a century, surpassing the operating margin and free cash flow that had been previously planned in February 2023. In 2023, Renault had a historic record operating margin of 7.9% and gener...

News  Updated at: 2024/02/16

GlobalData blog: Is global automotive capacity headed for a day of reckoning? The recovery in global Light Vehicle (LV) demand in 2023 has been stronger than expected, as supply constraints eased in most markets. The outlook for 2023 has been increased by 4%, from 85.8 million units in January to 89.2 million units in November. However, this recovery and, more specifically, consumers still face headwinds from high vehicle prices (with the excepti...

News  Updated at: 2023/11/22

Renault announces third phase of Renaulution strategy, creates new company for EV and software On November 8, Renault Group, on its Capital Market Day, announced to operate its Renaulution plan by creating 5 focused businesses with specialized teams. These businesses are Ampere; Mobilize; The Future Is NEUTRAL; Power; and Alpine.With this new set-up, Renault announced that its operating margin is expected to above 8% in 2025 and above 10% by 2030...

News  Updated at: 2022/11/08

LMC Automotive blog: Europe’s EV platform strategy: flexible, focused, or both! In June 2022, the EU Council confirmed that the sale of Internal Combustion Engine (ICE) cars and vans will be prohibited in the region from 2035, pending a discussion on ICE models using e-fuels. Nevertheless, this will effectively be a deadline for the ending of the sale and build of ICE Light Vehicles (LVs) in Europe. As a result, developing soon-to-be-redundant ...

News  Updated at: 2022/11/01

Ford forms Ford Blue (ICE), Ford Model e (EV) business units to join Ford Pro On March 2, Ford announced that it is forming two distinct, but strategically interdependent, auto businesses – Ford Blue and Ford Model e –together with a third, the new Ford Pro business unit, to help unleash the full potential of the Ford+ plan.The creation of Ford Model e was informed by the success of small, mission-driven Ford teams that developed the Ford GT...

News  Updated at: 2022/03/03