Patrick Hummel

3 results

Photograph: iStock
Daimler aims to cut costs as part of luxury drive

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(...)

Oliver Zipse, a fluent English speaker, has risen through the ranks ever since he joined BMW as a trainee in 1991
BMW selects head of production Oliver Zipse as new CEO

BMW said Oliver Zipse will become chief executive on August 16th, picking the 55-year-old manufacturing expert to help the German automaker make the s(...)

While the auto industry gathers in Shanghai for one of the big automotive gatherings of the year, the industry’s focus is on the stern challenge facing Europe’s car industry from 2020
European car groups face huge profit hit to cut emissions

While the auto industry gathers in Shanghai for one of the big automotive gatherings of the year, the focus is not only on a declining Chinese market (...)