Ola Kallenius
14 results

Daimler to cut out suppliers to fund software hiring spree
- Manufacturing
- December 3, 2020, 17:12
Daimler will cut out traditional parts-makers in order to fund a software development push that will involve hiring thousands of coders to build an op(...)

Mercedes Benz to up stake in struggling Aston Martin
- Manufacturing
- October 28, 2020, 13:08
Mercedes-Benz will increase its stake in struggling luxury-car maker Aston Martin Lagonda Global Holdings as part of a series of moves by the British (...)

Daimler aims to cut costs as part of luxury drive
- Transport & Tourism
- October 6, 2020, 08:36
Daimler said on Tuesday it will cut fixed costs, capex and research and development expenditure by more than 20 per cent by 2025 compared with 2019 l(...)

Daimler boss warns workers of need for painful cutbacks
- Manufacturing
- July 2, 2020, 15:48
Daimler chief executive Ola Kallenius said the maker of Mercedes-Benz cars and the industry as a whole faced painful cutbacks to overcome the economic(...)

Aston Martin chief to leave as part of shake-up
- Transport & Tourism
- May 24, 2020, 17:27
Aston Martin’s chief executive Andy Palmer is leaving the business as part of a shake-up aimed at restoring the fortunes of the flagging carmaker, acc(...)

Volkswagen warns of rising costs as car market faces recession
- Transport & Tourism
- May 5, 2020, 08:03
Volkswagen says the cost of crucial car components has risen sharply because of the coronavirus outbreak, putting further pressure on profits as the i(...)

Peugeot owner PSA and BMW lead race to cut emissions in Europe
- Transport & Tourism
- March 5, 2020, 07:44
Peugeot owner PSA and BMW are in the lead in the race to cut car emissions in Europe, pulling ahead of Volkswagen. Only two months into the new CO2 r(...)

CES 2020: Carmakers move from cars to building cities
- Technology
- January 7, 2020, 21:22
The chief executive of Toyota was on familiar ground when he told CES, the world’s largest electronics show in Las Vegas, that “no one wants a crystal(...)

Can carmakers accelerate electric transition?
- Manufacturing
- December 18, 2019, 12:25
When Blas Arambilet tried to buy an electric car in April, something strange happened. Months after ordering a white Kia e-Niro from his local Barcelo(...)

Mercedes-Benz to axe more than 1,000 jobs in cost-cutting drive
- Manufacturing
- November 14, 2019, 10:11
Mercedes-Benz plans to save €1.65 billion by cutting more than 1,000 jobs in the latest sign German carmakers are struggling to make big investments i(...)