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Porsche To Shut 3 Subsidiaries In Strategic Realignment
May 11, 2026
The move comes following the sale of its stakes in Bugatti Rimac and the Rimac Group.
MT Bureau
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Daimler Truck Inducts, Wayne Eyre, Claudia Nemat, Brita Seeger And Vipin Sondhi To Its Supervisory Board
May 09, 2026
Daimler Truck shareholders also backed the ‘Remuneration System 2027+’, which aligns executive pay with the company’s ‘Stronger 2030’ strategy. The new framework, effective from FY2027, emphasises share-based long-term compensation and ESG-relat
MT Bureau
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Porsche Restructures Executive Board And Car-IT Division
May 08, 2026
The Car-IT division will be suspended and integrated into the Research and Development division effective 1 July 2026. Dr Michael Steiner, Member of the Executive Board for Research and Development, will lead the expanded department.
MT Bureau
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Vienna Motor Symposium Highlights Multi-Technology Approach To Decarbonisation
May 08, 2026
Industry leaders expressed concerns regarding European competitiveness.
MT Bureau
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Ferrari SC40 Secures Red Dot: Best Of The Best Award
May 08, 2026
Ferrari has secured the highest distinction from Germany’s Red Dot Award organisation, as the Ferrari SC40 earned the Red Dot: Best of the Best honour within the Product Design category. Additional triumphs for the Ferrari Amalfi, 849 Testarossa, 849 Te
MT Bureau
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Kia Europe Names Dante Zilli As New Marketing Director
May 08, 2026
Kia Europe has appointed Dante Zilli as Marketing Director, effective 1 May 2026. He will report to Pablo Martinez Masip, Vice President of Product, Brand and Customer Experience. The move supports Kia’s ongoing electrification transformation.
MT Bureau
