Remove Future Remove International Remove Legal Remove Tax
article thumbnail

Daimler AG Board approves Project Future corporate restructure; goes to shareholders in 2019

Green Car Congress

The new structure comprises three legally independent entities—Mercedes-Benz AG, Daimler Truck AG and Daimler Mobility AG—under the umbrella of Daimler AG. Following approval by the Board of Management and Supervisory Board the corporation can now move into the implementation phase of what it calls “PROJECT FUTURE”.

article thumbnail

Daimler establishing “Startup Autobahn” in Stuttgart; focus on future of mobility

Green Car Congress

The The focus is on ideas and projects associated with the future of mobility; hard- and software-oriented startups can apply at www.startup-autobahn.com/en/. We are warmly welcoming international as well as local startups. Following the application phase, around 25 startups will be invited to the Selection Day on 14 July 2016.

Future 150
article thumbnail

ASML’s threat to leave uncovers deeper concerns in Netherlands Inc – ET Auto

Baua Electric

After corporate tax increases and protests and court cases against Shell and others in recent years, populist parties booked big gains in 2023’s national elections. That has prompted companies to speak out against policies that would discourage immigration and force them and their investors to shoulder more taxes.

article thumbnail

Valeo acquires electric supercharger business from Controlled Power

Green Car Congress

Our automotive customers wanted clarity about future plans for the VTES product and a sale to Valeo was the best solution to enable our VTES technology to reach its full potential. CPT was advised on the transaction by Turquoise International (corporate finance) and Matthew Arnold Baldwin (legal & tax).

Power 326
article thumbnail

Volkswagen again reaffirms 20 new PEV models coming across the Group; MEB development

Green Car Congress

This will focus on the major fields of future importance in the industry—such as digitalization, networking, e-mobility and new mobility services. Although Volkswagen is already addressing all of these fields, it will in the future do so “in a much more systematic and focused manner. Earnings after tax were –€1.4

2015 150
article thumbnail

AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

Profitability parity is evidenced by the fact that last year earnings-before-income-taxes (EBIT) margins for automakers globally clustered in a tight band ranging from 4.3% Technologically, the auto industry could well be on the cusp of its biggest set of changes since the invention of the internal-combustion engine more than 100 years ago.

article thumbnail

Study concludes that automakers tweak vehicle fuel economy to qualify for more favorable treatment; focus on car notches

Green Car Congress

In their study, Slemrod and Sallee focus on “car notches”—where small changes in behavior lead to large changes in tax liability or the amount of a subsidy—in policies intended to encourage the production and use of fuel-efficient vehicles. mpg) that lead to large changes in tax liability or the amount of a subsidy.