Hints and tips:
...Richard Bistrong, an anti-bribery and compliance consultant, said corporate governance was the carmaker’s Achilles heel....
...Additional reporting by Patrick McGee and Guy Chazan in Frankfurt, Patti Waldmeir in Chicago, Richard Milne in Stockholm, and Leo Lewis and Kana Inagaki in Tokyo...
...Arndt Ellinghorst, analyst at Evercore ISI, believes there is a “major difference in business models” between making heavy goods vehicles and passenger cars....
...richard.milne@ft.com @rmilneNordic...
...Arndt Ellinghorst, an analyst at Evercore ISI, said Volvo could well attract a premium valuation compared with the German car manufacturers due to exclusivity, a Scandinavian premium, and the opportunity...
...Arndt Ellinghorst, analyst at Evercore ISI, noted that the fall in truck orders in North and South America as well as a small fall in Europe “show the ongoing pressure facing the industry”....
...ATP has promoted Kasper Arndt Lorenzen to CIO from his current role as head of liquid markets in the investment division....
...“This is a historic chance for VW,” says Arndt Ellinghorst, analyst at Evercore ISI....
Analysts disappointed by size of reduction ahead of diesel emissions fines
...“The denial from VW was something quite extraordinary,” said Arndt Ellinghorst, head of global automotive research at Evercore ISI. “You would have thought they would offer full-on co-operation....
...Arndt Ellinghorst, analyst at Evercore ISI, estimated the reduced cost of the 1.6 litre engine fix would be closer to €200 per car, potentially saving VW €3bn compared with his previous estimates....
...“Cutting corporate jets and fancy car show galas might not sound like much to the outside world but it means a lot in terms of attitude and culture,” said Arndt Ellinghorst, analyst at Evercore ISI....
...Arndt Ellinghorst, analyst at Evercore ISI, says VW group’s costs have “gone through the roof” since 2010....
...The trend in the UK is not part of a wider legal shift: in fact, says Frank Arndt, founder of Paradigm Family Law, German courts are now shifting in precisely the opposite direction....
...The Malaysian and Singaporean Richard Koh had already sold a number of works by the popular Thai artist Natee Utarit, who paints old-masterly canvases, including “The private Expectation of God and the Common...
...“If you have an issue, you had better start a recall ASAP,” says Arndt Ellinghorst, head of automotive research at data group ISI. Tokyo-based Takata started life in 1933 as a textile manufacturer....
...Funding all this with such a small volume, it is a huge challenge,” said Arndt Ellinghorst, analyst at Credit Suisse. He noted that Volkswagen sells 1.1m cars of one model alone, the Passat....
...Additional reporting by James Boxell in Paris, Alice Ross in London, James Wilson and James Shotter in Frankfurt and Richard Milne in Oslo...
...“I think Volkswagen is well prepared to probably become the leading carmaker in the world,” says Arndt Ellinghorst, analyst at Credit Suisse....
...Arndt Ellinghorst, head of automotive research at Credit Suisse, assessed it as a “highly risky plan”....
...“The bigger the uptick in sales you see the more scared you should be heading into next year,” said Arndt Ellinghorst, analyst at Credit Suisse....
...“But without such a task, the restructuring would be meaningless because Opel would still burn cash,” says Arndt Ellinghorst, head of automotive research at Credit Suisse....
...Among the big-hitters dipping their toes in Hong Kong harbour waters this time are Hauser & Wirth, Lehmann Maupin, Pace Beijing, Sperone Westwater and Arndt....
...Arndt Ellinghorst, analyst at Credit Suisse, said bad blood stored up during the long-running takeover could hamper the operation of the two companies....
...However, Arndt Ellinghorst, analyst at Credit Suisse, fears that profits at mass-market carmakers could be all but wiped out by the increase in steel prices and other raw materials....
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