A Decade Dominated by Mega

Total Page:16

File Type:pdf, Size:1020Kb

A Decade Dominated by Mega AN_060220_suppl_4&5.qxd 14.02.2006 13:50 Uhr Page 4 ◆ 4 AUTOMOTIVE NEWS EUROPE FEBRUARY 20, 2006 ◆ 1996 – 2005: A decade dominated by mega 1996 1997 1998 1999 2000 Michelin IINN OOUTUT Suppliers North react with America caution to CEO online Carlos purchasing Ghosn portal (later named Covisint) formed joins by Ford, GM and DaimlerChrysler. Renault as an Photo: AP executive Daimler-Benz Chairman Jürgen DaimlerChrysler is born. vice Schrempp ousts Mercedes Chairman BMW sells Rover president. Helmut Werner. BMW CEO Bernd Pischetsrieder to Phoenix (middle) resigns. BMW product Venture development chief Wolfgang Reitzle Holdings for (right) resigns after he is passed over £10. VW purchasing chief Jose Ignacio for Pischetsrieder’s old job. Joachim Lopez resigns November 29. GM, Toyota Milberg is named BMW CEO. his former employer, takes him to picks court Valenciennes, claiming France, for its he stole second crucial assembly documents plant in Europe. and took The plant opens in 2001. VW outbids BMW for Rolls-Royce, them to but BMW gets Rolls-Royce name. VW. GM BMW head Bernd Pischetsrieder and VW (left) and VW group boss Ferdinand strike a Piëch (right) decide BMW will keep deal to Rolls and VW will keep Bentley. settle the dispute in Vickers puts VW’s Ferdinand Piëch hires Bernd 1997. Rolls-Royce Pischetsrieder, who becomes the VW and Bentley board member in charge of quality Ford beats GM up for sale. control and chairman of Seat. to acquire Land Rover from BMW; Pischetsrieder succeeds Piëch as Land Rover becomes part of PAG. Fiat launches group chairman in 2002. the Palio world car. Ford buys Volvo Car; combines it with Jaguar and Aston Martin into a Smart microcar brand launched by luxury division it calls Premier DaimlerChrysler, which also takes Automotive Group (PAG). full control of Smart, buying Ford names its Swatch-maker SMH Group’s partsmaking remaining 19%. Former BMW operations No. 2 Visteon; Wolfgang GM acquires 20% stake in Fiat. spins off the Reitzle unit in 2000. becomes head of PAG. PAG France’s Valeo buys US supplier ITT Automotive’s electrical business 2000 to anchor its North American growth drive. GM spins off Delphi. Magna International of Canada buys Ford introduces the Ka, the first assembler Steyr-Daimler-Puch of car to feature its new-edge design. PSA Graz, Austria. Steyr-Daimler-Puch’s name is changed to Magna Steyr 1999 PSA CEO Jacques Calvet (left) in 2001. announces he will retire. Jean-Martin Folz (right) will be his successor. Mercedes A class DAIMLER rolls over during CHRYSLER a test drive by a journalist in Sweden. DaimlerChrysler takes controlling Problem is 1998 stake in Mitsubishi and 10% stake solved by addition in Hyundai. of Bosch’s Electronic Stability Control. Similar anti-rollover technologies soon grow in popularity. Automotive News Europe Automakers adopt voluntary publishes its first issue on CO2 emission targets. February 5, 1996. 1997 Renault CEO Louis Schweitzer New-car diesel sales account for (left) watches Nissan CEO 33% of the market in 2000, up from Yoshikazu Hanawa sign a deal that 30% the previous year because of the gives Renault a controlling share of introduction of common-rail diesels. the Japanese carmaker. Renault Diesels account for half of all sends Carlos Ghosn to Tokyo to new-car sales by the end of 2005. 1996 rescue Nissan. Renault buys 51% stake in Dacia. Renault raises stake to 99% in 2003. 1999 2000 AN_060220_suppl_4&5.qxd 13.02.2006 17:48 Uhr Page 5 ◆ FEBRUARY 20, 2006 AUTOMOTIVE NEWS EUROPE 5 ◆ mergers, powerful personalities and big surprises 2005 2001 2002 2003 2004 Chevrolet name is in, Daewoo name Bosch passes Delphi to become out in eastern Europe. No. 1 supplier in sales. Switch is made in Bosch passes Visteon to become western Europe No. 2 supplier in sales. in 2005. Shanghai Automotive backs out of deal with MG Rover, Jaguar X-Type (above) flops because causing British buyers think it looks too much like carmaker to the Ford Mondeo. 2003 collapse. Nanjing Wolfgang Bernhard (center) is named Automobile wins to succeed Mercedes Car Group CEO the right to buy Jürgen Hubbert but Bernhard is the powertrain dismissed before he officially starts division from the administrators because he loses a boardroom battle who oversee MG Rover’s with his boss, DaimlerChrysler bankruptcy proceedings. Chairman Jürgen Schrempp (left). Bernhard is hired by VW after company head Bernd Pischetsrieder offers him control of the VW, Skoda, Porsche Former BMW executive Carl-Peter 2002 Bentley and Bugatti brands. becomes Forster is named chairman of the VW GM’s German subsidiary Opel. group’s In 2006, he is promoted to the Suzuki says it will triple the size of largest top job at GM Europe. Mark Fields its Ezstergom, Hungary, plant to single replaces 270,000 by 2006 to build cars for shareholder. Wolfgang Reitzle itself and Fiat Auto including the as chairman of Fiat Sedici SUV (above). PAG. He is DaimlerChrysler announces Chrysler named executive CEO Dieter Zetsche vice president of will replace Jürgen 2001 Ford of Europe Schrempp as in 2004. In 2005, DaimlerChrysler he moves to MG Rover and Shanghai Automotive chairman on January Ford’s US Industry Corp. say they will form a 1, 2006. This causes headquarters in Dearborn as joint venture that gives the Chinese Mercedes Car Group executive vice president of automaker control and gives the CEO Eckhard Ford Motor and president of the British carmaker much needed cash. Cordes to resign. automaker’s Americas business unit. Audi won’t replace the all-aluminum SAIC buys the intellectual property Zetsche takes on Cordes’ job. A2 at the end of its life cycle in 2005. rights to the Rover 25 and Rover 75 It is a sign that automaker sedans plus several MG Rover enthusiasm for aluminum cars PSA engine families. Carlos Ghosn is is waning. named CEO of Renault. He remains CEO of Renault alliance PSA and Toyota announce plans to partner Nissan. open a joint-venture assembly plant in central Europe. Plant opens in Kolin, Czech Republic, in 2005. DAIMLER CHRYSLER Helmut Panke replaces Joachim Milberg as BMW CEO. DaimlerChrysler reduces stake London begins collecting a in Mitsubishi and sells stake congestion charge from cars in Hyundai. entering the city center. General Motors pays Fiat Ford plans to base Volvo and Mazda 2003 E1.55 billion to end their alliance. models on its C1 architecture that also is used for the Ford Focus (above). DaimlerChrysler introduces the Maybach (above) to compete with BMW’s Rolls-Royce. Maybach becomes part of the Mercedes Car Group, which also includes Mercedes-Benz and Smart. DAIMLER Toyota passes Ford for No. 2 in DaimlerChrysler PSA reveals it will build another CHRYSLER global sales. sells its remaining plant in central Europe after it stake in Mitsubishi. finishes its joint-venture plant with Toyota. PSA will choose Trnava, Slovakia. The plant is due to open in 2006. Sales of upper-medium sedans slump, Hyundai announces it will build a hurt by the growth of medium plant in central Europe; Czech minivans such as the Renault Scenic Republic is top candidate. and Opel Zafira (above). Hyundai subsidiary Kia announces it will build an assembly plant in 2005 Zilina, Slovakia. The plant is due to open in 2006. For a printer-friendly PDF version go to: 2001 2002 http://www.autonews.com/anetimeline 2004 Graphic: Tom Freiwah.
Recommended publications
  • September 2016 Richard Has Been a Morgan Dealer, Racer, Owner and Enthusiast for Over 35 Years and Runs the Business with His Daughter Helen Who Joined Him in 2001
    September 2016 Richard has been a Morgan dealer, racer, owner and enthusiast for over 35 years and runs the business with his daughter Helen who joined him in 2001. John our Sales Manager heads up our team and has been with us since 2012. George looks after the workshop team of Rui, Charlotte, Rupert, Paul, Steve and James. This is what we do: New Morgan Sales: We have demonstrators of all the current model range and have early build slots available for all models. We are happy to part exchange your current Morgan. Call if you would like a test drive. Used cars: We carry a large stock of used cars and are always looking for more! Let us know if you are thinking of selling your Morgan. We have current stock from a 1950s flat rad to a 2013 Roadster. We also carry the largest stock of race cars in the UK. Race preparation: We regularly prepare and look after over 20 Morgans, including historic race cars for events such as Goodwood, Le Mans Classic and other prestigious events both at home and abroad and can offer customers an arrive and drive service. Restoration: We are regularly restoring Morgans to a very high standard, recent projects include a 1963 +4 Supersport, 1970’s +8 and a +4 TR. We also have a trim shop and paint shop on-site. Performance upgrades: Sports exhausts, manifolds, re-maps, axle upgrades, suspension upgrades, sticky tyres – let us know what you want to achieve! Parts and Service: We stock a huge number of parts for all Morgans and have a fantastic team of factory trained mechanics to look after your car and carry out routine servicing, MOTs and all general maintenance.
    [Show full text]
  • Innovation and Quality for the International Automotive Industry
    Automotive Industry Austria Innovation and Quality for the International Automotive Industry www.investinaustria.at INVEST IN AUSTRIA AUTOMOtive INDustrY 3h All of Europe by Air in Just 3 Hours Helsinki Oslo Stockholm Tallinn 2h Riga Moscow Copenhagen Dublin Vilnius Minsk Amsterdam London Berlin Warsaw Brussels 1h Prague Kiev Paris Luxembourg Bratislava Vienna Berne Kishinev Budapest Ljubljana Zagreb Belgrade Bucharest Madrid Sarajevo Lisbon Pristina Podgorica Sofia Rome Skopje Tirana Ankara Athens Austria’s central location in the heart of Europe makes it the ideal East-West business hub. 2 Invest in Austria Contents 5 The Red-White-Red Automotive Powerhouse 8 The Way Innovations Get into Cars 11 AVL: On the Research-Based Path to Success 12 A Competitive Edge through Knowledge 14 The Cluster: A Success Model with a Future 16 High-Tech Suppliers with Savvy 20 Miba Group: Progress from Passion 22 Non-Stop Production 24 GM Invests in a New Engine Generation 27 The Best Contact Partner for Business Location Issues Editorial: April 2011 Owner&Publisher: Austrian Business Agency, Opernring 3, A-1010 Wien Editor-in Chief: René Siegl Associate Editor: Maria Hirzinger, Karin Schwind-Derdak Design: www.november.at Photos: ACstyria Autocluster GmbH, APA, AVL LIST GmbH, BMW Motoren GmbH, GM Powertrain-Austria, HyCentA Research GmbH, Infineon Technologies Austria AG, KTM-Sportmotorcycle AG, MAN Nutzfahr- zeuge Österreich AG, Miba AG, Schaeffler Austria GmbH, Julius Silver Print: Gugler 3 AUTOMOtive INDustrY Engine production at General Motors Powertrain-Austria. The automobile producer General Motors has put its faith in its Austrian facility since 1982. At that time the first Opel plant opened in Vienna-Aspern.
    [Show full text]
  • Neuer Wilder
    Unternehmen Neuer Wilder olfgang Bernhard (44) mag keine VW Der Marken-Chef Wolfgang Versteckspieler. Sie sind ihm zu- Wwider, die Planer und Entwick- Bernhard räumt auf: schnell, ler, die sich davonstehlen, wenn es an die wirkliche Arbeit geht. Die nur telefonieren, effizient, gnadenlos. Ein Kulturschock in Meetings sitzen und sich gegenseitig wichtige Folien zeigen. Er hat sie bei Mer- erschüttert Wolfsburg. cedes getroffen und bei Chrysler; er schimpft sie bevorzugt „Ver-Tschüsser“. Jetzt bekämpft er sie bei VW. Gleich bei einem der ersten Treffen An- fang Mai überraschte der Chef der Marken- gruppe VW seine Wolfsburger Produktions- und Entwicklungsexperten mit einer schockierenden Order: Alle für ein paar Tage ans Band! Alle raus ins Werk! Die Fer- tigung beschleunigen! Die Qualität verbes- sern! „Geh zur Quelle“, heißt das bei Toyota. Dort ist es Normalität. Bei VW verpuffen solche Vorstöße in der Regel. Bernhard aber meinte es ernst. Schon gegen sieben Uhr am nächsten Mor- gen kam Post vom Chef. Der Inhalt der E-Mails: ein detaillierter Plan für die dreitägigen Vor-Ort-Einsätze. Um di- rekt das nächste Zeichen zu setzen, missachtete Bernhard die Hierar- chiestufen. Er überging die mächtigen Bereichsleiter und verschickte die Botschaften 34 managermagazin 7/2005 FOTOS: JOCHEN LUEBKE/DDP/LLADO/PLAINPICTURE,/ PR/[M] MM-MONTAGE Unterrnehmen VW Zusammenhänge und Technik Mann der Extreme gleichermaßen detailliert beherrsche, Lauwarm sind nur die anderen: Wolfgang Bernhards Welt erinnert sich ein DaimlerChrysler-Mann. „Fast autistisch hat der unsere DE R PR IVATMAN N: Wolfgang Bernhard der Leitung des Mercedes-Vorstands Bedenken ignoriert“, schimpft ein (44) hat früher in den Ferien Straßen- Manfred Remmel, heute Chef des Auto- Betriebsrat.
    [Show full text]
  • A Genealogy of Top Level Cycling Teams 1984-2016
    This is a work in progress. Any feedback or corrections A GENEALOGY OF TOP LEVEL CYCLING TEAMS 1984-2016 Contact me on twitter @dimspace or email [email protected] This graphic attempts to trace the lineage of top level cycling teams that have competed in a Grand Tour since 1985. Teams are grouped by country, and then linked Based on movement of sponsors or team management. Will also include non-gt teams where they are “related” to GT participants. Note: Due to the large amount of conflicting information their will be errors. If you can contribute in any way, please contact me. Notes: 1986 saw a Polish National, and Soviet National team in the Vuelta Espana, and 1985 a Soviet Team in the Vuelta Graphics by DIM @dimspace Web, Updates and Sources: Velorooms.com/index.php?page=cyclinggenealogy REV 2.1.7 1984 added. Fagor (Spain) Mercier (France) Samoanotta Campagnolo (Italy) 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Le Groupement Formed in January 1995, the team folded before the Tour de France, Their spot being given to AKI. Mosoca Agrigel-La Creuse-Fenioux Agrigel only existed for one season riding the 1996 Tour de France Eurocar ITAS Gilles Mas and several of the riders including Jacky Durant went to Casino Chazal Raider Mosoca Ag2r-La Mondiale Eurocar Chazal-Vetta-MBK Petit Casino Casino-AG2R Ag2r Vincent Lavenu created the Chazal team.
    [Show full text]
  • Daimler Annual Report 2014
    Annual Report 2014. Key Figures. Daimler Group 2014 2013 2012 14/13 Amounts in millions of euros % change Revenue 129,872 117,982 114,297 +10 1 Western Europe 43,722 41,123 39,377 +6 thereof Germany 20,449 20,227 19,722 +1 NAFTA 38,025 32,925 31,914 +15 thereof United States 33,310 28,597 27,233 +16 Asia 29,446 24,481 25,126 +20 thereof China 13,294 10,705 10,782 +24 Other markets 18,679 19,453 17,880 -4 Investment in property, plant and equipment 4,844 4,975 4,827 -3 Research and development expenditure 2 5,680 5,489 5,644 +3 thereof capitalized 1,148 1,284 1,465 -11 Free cash flow of the industrial business 5,479 4,842 1,452 +13 EBIT 3 10,752 10,815 8,820 -1 Value added 3 4,416 5,921 4,300 -25 Net profit 3 7,290 8,720 6,830 -16 Earnings per share (in €) 3 6.51 6.40 6.02 +2 Total dividend 2,621 2,407 2,349 +9 Dividend per share (in €) 2.45 2.25 2.20 +9 Employees (December 31) 279,972 274,616 275,087 +2 1 Adjusted for the effects of currency translation, revenue increased by 12%. 2 For the year 2013, the figures have been adjusted due to reclassifications within functional costs. 3 For the year 2012, the figures have been adjusted, primarily for effects arising from application of the amended version of IAS 19. Cover photo: Mercedes-Benz Future Truck 2025.
    [Show full text]
  • Alpine Loop a Success Sepmber Evenfs
    A Chapter of the North American MGB Register BrtishMotor Cluh of Utoh Volume14 Number 2 prizes,as well. After we're finished at the sepmberEvenfs DQ, we'll seewhat develops. AlpineLoop a The seasonis still in full bloom. so So bring your car and your favorite co- it's too to put the car up for the driver for food fun and prizes.To donate success winter. a look at what the BMCU has prizes for or additional information, By Karen Bradakis in store contactBill Robinsonat947-9480 or 947- 5750. At 9AM on a cloudymorning, August 18, Miner's Parade. Unforhrnately,the peopleand British carsbegan to gatho ut is later dranthis event,which lVlount Nebo Fall Color Run. On the Southeastcomer of the Southtown took on Monday, September3rd Saturday,September 29,we'll renewthe Mall parkinglot. Somepeople brought (Labor in Park City. The meet-up BMCU traditim of circurnnavigatingMt. itemsto donateto be givan awayto lucky point was SwedeAlley, with the parade Nebo to partakeof brisk air and fall color. ticketholders later on at the pioric. down Main Streetin Park CiA. This is a long (200+miles) but very gathered After the the groupheaded to the enjoyabletour and will treat your eyesand The srmcame out as the drivers at City Park a reservedparking al.ea'- cleanyour exhaustvalves. lOAM for a brief meetingto discussthe thanksto efforts of Floyd lnman-and route to be takento reachthe first (pt| stop a plcnlc . Look for an accountofthis Rendezvousat the R C. Willey Clearance in Alpine. The drive beganwith over2O event in comingmsrths. Outlet,90l0 S.
    [Show full text]
  • Report on the Affairs of Phoenix Venture Holdings Limited, Mg Rover Group Limited and 33 Other Companies Volume I
    REPORT ON THE AFFAIRS OF PHOENIX VENTURE HOLDINGS LIMITED, MG ROVER GROUP LIMITED AND 33 OTHER COMPANIES VOLUME I Gervase MacGregor FCA Guy Newey QC (Inspectors appointed by the Secretary of State for Trade and Industry under section 432(2) of the Companies Act 1985) Report on the affairs of Phoenix Venture Holdings Limited, MG Rover Group Limited and 33 other companies by Gervase MacGregor FCA and Guy Newey QC (Inspectors appointed by the Secretary of State for Trade and Industry under section 432(2) of the Companies Act 1985) Volume I Published by TSO (The Stationery Office) and available from: Online www.tsoshop.co.uk Mail, Telephone, Fax & E-mail TSO PO Box 29, Norwich, NR3 1GN Telephone orders/General enquiries: 0870 600 5522 Fax orders: 0870 600 5533 E-mail: [email protected] Textphone 0870 240 3701 TSO@Blackwell and other Accredited Agents Customers can also order publications from: TSO Ireland 16 Arthur Street, Belfast BT1 4GD Tel 028 9023 8451 Fax 028 9023 5401 Published with the permission of the Department for Business Innovation and Skills on behalf of the Controller of Her Majesty’s Stationery Office. © Crown Copyright 2009 All rights reserved. Copyright in the typographical arrangement and design is vested in the Crown. Applications for reproduction should be made in writing to the Office of Public Sector Information, Information Policy Team, Kew, Richmond, Surrey, TW9 4DU. First published 2009 ISBN 9780 115155239 Printed in the United Kingdom by the Stationery Office N6187351 C3 07/09 Contents Chapter Page VOLUME
    [Show full text]
  • November 2020
    The official newsletter of The Revs Institute Volunteers The Revs Institute 2500 S. Horseshoe Drive Naples, Florida, 34104 (239) 687-7387 Editor: Eric Jensen [email protected] Assistant Editor: Morris Cooper Volume 26.3 November 2020 Thanks to this month’s Chairman’s contributors: Chip Halverson Notes Joe Ryan Mark Kregg As I sit here and write this on 11/4, even though we do not have a Susann Miller winner in the Presidential election from yesterday, I am happy to get Mark Koestner one more thing from 2020 off my plate. Only 2 months left to go in 2020, thank goodness. It has been quite a year. Susan Kuehne As always, in anticipation of reopening, Revs Institute has all safety Inside this protocols and guidelines in place, but at present no opening date has November Issue: been released. Many of our volunteers have attended our “Returning with Confidence” training session either in person or online. Volunteer Cruise-In 2 I have received official word from Carl Grant that the museum intends Tappet Trivia 3 to remain closed to the public until the early January, however management will continue to monitor and reevaluate the situation as New Road Trip 4 things progress. Automotive Forum 5 Your Board, with the assistance of Revs Institute staff, are putting Cosworth DFX 6 together some exciting opportunities for volunteers to remain engaged Motorsports 2020 10 while the museum is closed to the public, so be sure to monitor your email for the most up-to-date news. I would like to thank Susan for her Tappet Tech 16 efforts to get us interesting and informative links on a regular basis.
    [Show full text]
  • A N N U a L R E P O R T 2 0
    337337 Magna Magna Drive Drive Aurora,Aurora, Ontario, Ontario, Canada Canada L4G L4G 7K1 7K1 Telephone:Telephone:(905) (905) 726-2462 726-2462 Fax:Fax: (905) (905) 726-7164 726-7164 Internet:Internet:www.magna.com www.magna.com ANNUALANNUAL REPORT REPORT 2001 2001 PrintedPrinted in Canada in Canada PRODUCT AND SERVICES DIRECTORY MAGNA STEYR DECOMA INTERNATIONAL INC. INTIER AUTOMOTIVE INC. Advanced R&D Concept Development Front and Rear Bumper Systems Interior Systems Magna Engineering Center (MEC) Total Vehicle Program Management I Spoilers and Grilles (MIC, Paint or Bright) Cockpit Systems I Design, concept & development capability Systems Sequencing and Logistics I GOP Moldings & Nerf Strips I Cockpit Modules for complete interior Complete Niche Vehicle Assembly I Energy Management Systems I Instrument Panels I Latest CAD systems linked by I Front & Rear Bumper Fascias I Leather Covered IP secured network Complete Vehicle Manufacturing I Complete Front & Rear End Modules I Consoles I Technical Illustration I Complete Space Frames I Floor Consoles I Program Management I Full Frames Greenhouse Systems I Glove Boxes I Seven design offices close to our I Sub-Assemblies I Backlite Moldings I Air Duct Systems customers (Germany, Austria, U.K.) I Body-In-White I Belt & Windshield Moldings I PSIR Doors Magna International Inc. is a leading I Painting I Pillar Appliques Magna Automotive Testing (A2LA) MOMENTUMI Assembly & Sequencing I Vehicle Assembly I Door Surround Moldings I Safety, Structural, Fatigue, and Durability global supplier of technologically I CKD Manufacturing I Roof Drip Moldings Overhead Systems Testing for Body and Interior Systems I Cowl Screens I Complete Overhead System OEM Engineering and Complete Vehicle and I Vehicle Ride Simulation, Noise, NVH and advanced automotive components, I Window Surround Module I Headliner Substrates Systems Capability Road Load Data Acquisition I Sun Visors I Concepts and Designs Body Side Systems I Computer Aided Engineering, FEA, systems and modules.
    [Show full text]
  • Daimler-Benz Annual Report 1980
    Daimler-Benz Aktiengesellschaft Stuttgart Annual Report 1980 Contents Agenda for the Stockholders' Meeting on July 1,1981 4 Members of the Supervisory Board and the Board of Management 6 Report of the Board of Management Status Report 11 Outlook 25 Research and Development 33 Purchasing 37 Production 39 Sales and Service Organization 42 Employment and Benefits 45 Subsidiaries and Affiliates 53 Notes to Financial Statements of Daimler-Benz AG Balance Sheet 67 Statement of Income 73 Proposal for Allocation of Income 76 Report of the Supervisory Board 77 Financial Statements of Daimler-Benz AG Balance Sheet as of December 31, 1980 78 Statement of Income for the Year Ended December 31, 1980 80 Consolidated Annual Report Notes to Consolidated Financial Statements 82 Consolidated Balance Sheet as of December 31, 1980 92 Consolidated Statement of Income for the Year Ended December 31, 1980 94 Appendix Daimler-Benz Highlights 1971 -1980 96 Production and Sales Data 98 Charts and Graphs Relating to the Automobile Industry Trends in Leading Countries 100 Agenda 4 Section 3 of the by-laws (capital stock) will be changed to Section 3 paragraph 1 with the following text: "Section 3 Capital stock (1) The capital stock of the company amounts to DM 1,528,825,000.- It comprises: DM 1,526,903,500,- common stock, namely 1,469,000 shares with a par value of DM 1,000, - each, 397,854 shares with a par value of DM 100,- each, and 362,362 shares with a par value of DM 50,- each, DM 1,921,500, - preferred stock, namely 1,919 shares with a par value of DM 1,000,- each, 22 shares with a par value of DM 100,- each, and 6 shares with a par value of DM 50,- each." 6.
    [Show full text]
  • October 2019
    1 OCTOBER 2019 Stealth Missile ISSUE 67/2019 2 Quarterly Newsletter of the Porsche Club of Tasmania A CAMS Affiliated Club Honorary Life Member – Klaus Bischof (2010) Life Member - Leon Joubert (2013) Club Honours - John Pooley (2016) Rob Sheers (2016) CONTENTS Committee…………………………………………… ...............................................3 Editorial………………………………………………. ...............................................4 The Inside Line……….………………………………….............................................5 President’s Report 2019 AGM……………………………...…………………………..6 New Members……………………………………….………………………...…….…...7 Events Calendar.........................………..................................................................8 PCT Club Awards Points 2019………………..………………………...………………9 Club Awards Points Scoring……. ........................................................................10 Karl Ferdinand Piech……………………………………..........................................11 Southern EMR 14 July…..….................................................................................16 Northern EMR 21 July...........................................................................................18 PCT Driver Training Day 28 July ..........................................................................19 N/NW AGM Run 25 August…………….........……………...................................…21 N/NW Run 15 September …..….…..................................................……………….22 Southern EMR To Geeveston 15 September.........................................................24 Porsche Technical:
    [Show full text]
  • Volkswagen Emission Scandal: Reputation Recovery and Recall Strategy1
    W17228 VOLKSWAGEN EMISSION SCANDAL: REPUTATION RECOVERY AND RECALL STRATEGY1 Rachna Shah, Gaganpreet Singh, and Sandeep Puri wrote this case solely to provide material for class discussion. The authors do not intend to illustrate either effective or ineffective handling of a managerial situation. The authors may have disguised certain names and other identifying information to protect confidentiality. This publication may not be transmitted, photocopied, digitized, or otherwise reproduced in any form or by any means without the permission of the copyright holder. Reproduction of this material is not covered under authorization by any reproduction rights organization. To order copies or request permission to reproduce materials, contact Ivey Publishing, Ivey Business School, Western University, London, Ontario, Canada, N6G 0N1; (t) 519.661.3208; (e) [email protected]; www.iveycases.com. Copyright © 2017, Richard Ivey School of Business Foundation Version: 2017-04-25 We have totally screwed up. Michael Horn, chief executive offer, Volkswagen USA2 The trust-shattering exposure of the Volkswagen Group (VW) emission scandal on September 18, 2015, left Matthias Müller, VW’s newly appointed chief executive officer (CEO), with a daunting management challenge—reputation recovery. Müller’s task was to draw the German multinational automotive manufacturing company out of the abyss of one of the worst reputation crises it had faced since its inception in 1937. The matter came to the fore when the United States Environmental Protection Agency (EPA) slapped a legal notice on VW for violation of the Clean Air Act.3 The EPA accused VW of manipulating nitrogen oxide emissions tests to ensure its EA 189 diesel engines, built during fiscal years 2009–2015, met EPA standards.
    [Show full text]