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GENUI Acquires ZF Subsidiary Cherry

21st October 2016 Jas 0

GENUI offers Cherry outstanding development opportunities Employee interests taken into consideration German private investment company GENUI and the Cherry management has announced the acquisition of the international Cherry Group from ZF Friedrichshafen AG. Excellent growth […]

Global

Moody’s upgrades Volvo Cars credit rating

20th October 2016 Jas 0

Rating agency Moody’s Investors Service (Moody’s) today upgraded its corporate credit rating for Volvo Cars to Ba2 from Ba3, with a stable outlook. Moody’s said in its analysis: “The upgrade of Volvo Car’s ratings reflects […]

General

ŠKODA KODIAQ Production Launch in Kvasiny

19th October 2016 Jas 0

Extensive expansion and modernization of manufacturing facilities for production launch in Kvasiny Seventh series expands ŠKODA’s portfolio in a strongly growing segment Michael Oeljeklaus: “Production launch is an emotional moment for the entire company.” Launch […]