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Mercedes-Benz unveils its revamped G-Class

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The all-new G-Class makes its public debut at the Detroit auto show in the USA this month in G550 form. Completely redeveloped and fitted with a 4.0-liter V8 biturbo gasoline engine offering 427ps and 450 lb-ft of torque at 2,000rpm to 4,750rpm, despite near-identical looks to its predecessor plenty has changed for the Mercedes-Benz SUV.


Ford’s F150 pickup gets its first diesel motor

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Developed by the powertrain team behind the 6.7-liter Power Stroke engine for super duty trucks, the all-new 3.0-liter V6 Power Stroke unit promises 250ps, 440 lb-ft of torque, and an anticipated 5175kg of towing capacity.


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In light of Fisker's solid-state battery breakthrough and claims of a one minute charge time, will this electric vehicle technology development kick-start mass BEV uptake? 

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Mahle strengthens position in automotive industry

The Mahle Group increased its sales to around €11.5bn (US$12.96bn) in the 2015 business year, which corresponds to a plus of roughly 16%. “Mahle has thus entered a new dimension. In terms of variety and depth of range, our company is now more than ever one of the influential suppliers in the automotive industry,” explained Wolf-Henning Scheider, chairman of the Mahle management board and CEO.

This growth in 2015 is mainly attributable to the first consolidation of the Delphi Thermal and Kokusan Denki acquisitions. “In addition to the changed consolidation group, which represents an increase in sales of €720m (US$811m), currency exchange rate effects resulting from the weakness of the euro need to be taken into account when assessing the 2015 figures. They had a positive impact of €625m (US$704m),” explained Michael Frick, Mahle's CFO.

Excluding special effects, the group grew by 2%, overtaking global vehicle production, which grew by 1.4%. Owing to special effects, the EBIT ratio fell slightly from 5.2% in the previous year to 4.5%. Adjusted for effects from amortization of goodwill arising from the acquisitions, the EBIT margin amounted to 5.8%. “The acquisitions are of considerable strategic importance to us,” commented Scheider on the growth in earnings and added: “We have clearly expanded our competences in several product fields, thereby strengthening our position as an automotive systems provider.” Last year, Mahle formally established itself among the 20 largest automotive suppliers worldwide. In Germany, the group now ranks fourth.

April 22, 2016

22 April 2016


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