Top Story: A record-breaking first quarter for Lamborghini: the best ever

Winkelmann: “Every month the orders we take outstrip our production”Lamborghini continues to soar in the first quarter of 2022, with a total of 2,539 vehicles delivered globally, making Q1 the company’s best-ever quarter. The figure was up by 5% on the same period in 2021 and 31% on 2020. The result comes on the back of 2021’s record-breaking figures in terms of sales (8,405 units), turnover (€1.95 billion) and profitability (20.2%).Stephan Winkelmann, Chairman and C more > cellspacing="1">

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A record-breaking first quarter for Lamborghini: the best ever 14.04.2022

Finance: A record-breaking first quarter for Lamborghini: the best ever

Winkelmann: “Every month the orders we take outstrip our production”Lamborghini continues to soar in the first quarter of 2022, with a total of 2,539 vehicles delivered globally, making Q1 the company’s best-ever quarter. T mehr >>

BMW Group steps up rapid pace of growth in electromobility and more than doubles sales 12.04.2022

Finance: BMW Group steps up rapid pace of growth in electromobility and more than doubles sales

...of fully-electric vehicles in first quarter- BMW Group sells total of 596,907 units in Q1 - US market up 3.7% with 80,590 BMW and MINI vehicles sold - First-quarter BEV sales climb 149 percent - Pieter Nota: “Our focus is on ramping up electromobility. We are fully on track to meet our ambitious growth targets for full mehr >>

MG Motor UK breaks more sales records in Q1 07.04.2022

Finance: MG Motor UK breaks more sales records in Q1

    MG Motor UK builds on record-breaking 2021 with stellar Q1 sales results    Brand’s sales for first three months of the year exceed those for the whole of 2019    Figure represents growth of 124.6 percent year-on-year    MG Motor UK remains the nation’s fastest-growing mainstr mehr >>

Everrati adds bespoke finance offering through JBR Capital for its range of electrified classics 05.04.2022

Finance: Everrati adds bespoke finance offering through JBR Capital for its range of electrified classics

    Leading creator of redefined electric icons working with top high-end automotive financer    Both individuals and businesses can now arrange tailored finance for an Everrati product through JBR Capital mehr >>

Thomas Schäfer named new Chief Operating Officer at Volkswagen brand 04.04.2022

Finance: Thomas Schäfer named new Chief Operating Officer at Volkswagen brand

New Volkswagen COO: Thomas Schäfer  Schäfer appointed new CEO of the Volkswagen brand effective July 1, 2022 and joins the Group Board of Management  K mehr >>

Yanmar Acquires Majority Ownership in Battery Technology Company ELEO 04.04.2022

Finance: Yanmar Acquires Majority Ownership in Battery Technology Company ELEO

Yanmar Holdings Co., Ltd., a privately held multi-billion dollar multinational company headquartered in Osaka, Japan, today officially announced it has acquired a majority share in ELEO Technologies B.V., a fast-growing battery technology company based in Helmond, the Netherlands. mehr >>

American Honda Posts Strong March Sales with Slight Improvement in Product Supply 02.04.2022

Finance: American Honda Posts Strong March Sales with Slight Improvement in Product Supply

    American Honda sales near 110,000 units, best since August 2021, on improved supply and sustained demand     Honda sets new monthly record for electrified vehicles on strong sales of CR-V Hybrid and Accord Hybrid    HR-V scored a 14th straight monthly sales record as March sales mehr >>

Stellantis Signs Binding Agreements with European Financing Partners 02.04.2022

Finance: Stellantis Signs Binding Agreements with European Financing Partners

After having entered into exclusive negotiations on December 17, 2021, Stellantis N.V. today announced the signing of binding agreements with BNP Paribas Personal Finance (“BNPP PF”), Crédit Agricole Consumer Financ mehr >>

Kia announces March 2022 global sales results 01.04.2022

Finance: Kia announces March 2022 global sales results

    March global sales at 250,646 units, down 0.9% y/y    Sales outside of Korea recorded 205,580 units, up 1.8% y/y    Sales in Korea recorded 45,066 units, down 11.7% y/y    Kia to continue creating sales momentum and enhancing profitability through new models, such as the all-new Nir mehr >>

BMW Financial Services North America Appoints New CEO 01.04.2022

Finance: BMW Financial Services North America Appoints New CEO

BMW Financial Services NA, LLC announced today that Birgit Boehm would succeed Stefan Richman as the CEO of BMW Group Financial Services in the U.S. and Region Americas, effective April 1. mehr >>

Global automakers earmark nearly US$600bn for EVs over next decade, finds GlobalData 01.04.2022

Finance: Global automakers earmark nearly US$600bn for EVs over next decade, finds GlobalData

Aggressive emission and carbon neutrality targets set by regulators worldwide entails a faster transition from traditional automakers to next-gen electric vehicle (EV) manufacturers. Therefore, automakers are committing operational investments of nearly US$600bn mehr >>

Goodyear Ventures expands portfolio with Nova Labs investment to advance connected mobility on the helium network 31.03.2022

Finance: Goodyear Ventures expands portfolio with Nova Labs investment to advance connected mobility on the helium network

The Goodyear Tire & Rubber Company announced that its venture capital arm, Goodyear Ventures, has added Nova Labs, formerly Helium Inc., to its growing investment portfolio.Nova Labs is the pioneer of dec mehr >>

Suzuki Motor to fortify Indian presence with new EV investments, observes GlobalData 21.03.2022

Finance: Suzuki Motor to fortify Indian presence with new EV investments, observes GlobalData

Following the news that Suzuki Motor plans to invest INR104.4bn (US$1.37bn) in its Indian factory to produce electric vehicles (EVs) and batteries;Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: mehr >>

SAIC joins league of global automakers with US$43bn investment in next-gen mobility, observes GlobalData 15.03.2022

Finance: SAIC joins league of global automakers with US$43bn investment in next-gen mobility, observes GlobalData

Following the news that Chinese automaker SAIC Motor plans to invest US$43bn in advanced technologies through 2025;Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “The move comes as a m mehr >>

BMW Group acquires the ALPINA brand - Expanding the portfolio 10.03.2022

Finance: BMW Group acquires the ALPINA brand - Expanding the portfolio

- Pieter Nota: “Top-quality car cachet” - Long-term future of ALPINA brand secured - Andreas Bovensiepen: “This marks the beginning of a new chapter for ALPINA and BOVENSIEPEN” - Existing cooperation agreement expires at end of 2025 - New direction at Buchloe site mehr >>

BMW Group Investing More Than $200 Million to Add New Press Shop at South Carolina Plant 03.03.2022

Finance: BMW Group Investing More Than $200 Million to Add New Press Shop at South Carolina Plant

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Supply Issues and Winter Storm Landon Constrain American Honda February Sales Momentum 01.03.2022

Finance: Supply Issues and Winter Storm Landon Constrain American Honda February Sales Momentum

    Multiple supply issues and Winter Storm Landon disrupt progress in improving vehicle inventory       Customer demand remains strong with nearly 60% of vehicles en route to dealers pre-sold mehr >>

Authentic Brands Group Finalizes the Acquisition of Reebok 01.03.2022

Finance: Authentic Brands Group Finalizes the Acquisition of Reebok

Authentic Brands Group (ABG) today announced that it has completed the acquisition of Reebok from adidas. As it ushers in its largest acquisition to date, the global brand development, marketing and entertainment company is charting a new path for Reebok.&ldquo mehr >>

Laurent David is appointed Senior Vice President, Controller, Renault Group 28.02.2022

Finance: Laurent David is appointed Senior Vice President, Controller, Renault Group

As of March 1, 2022, Laurent David, currently Chief Financial Officer for Dacia and Lada brands, has been appointed Senior Vice President, Controller, Renault Group. He becomes a member of Renault Group Corporate Management Committee and will report to Thierry Piéton, Chief Financial Officer, Renault Group. mehr >>

Stellantis Employees Benefit from Company’s 2021 First Full Year Financial Results 24.02.2022

Finance: Stellantis Employees Benefit from Company’s 2021 First Full Year Financial Results

    In all countries where Stellantis is present, employees1 benefit from the Company’s results in first year     €1.9 billion redistributed, €770 million more than the cumulative amount redistributed last year by each of the previous legacy companies, representing 70% increase   mehr >>

Stellantis Full Year 2021 Results 24.02.2022

Finance: Stellantis Full Year 2021 Results

Stellantis Posts Record Results in its First Year with 11.8% AOI Margin(1)(2) and €13.4 Billion Net Profit(1), on a Pro Forma basis    Net revenues (1) of €152 billion, up 14%    Adjusted operating mehr >>

Renault Group exceeds its 2021 targets and accelerates its Renaulution strategy 19.02.2022

Finance: Renault Group exceeds its 2021 targets and accelerates its Renaulution strategy

    2021 financial outlook largely exceeded:        2021 operating margin: 3.6% (vs. operating margin outlook of the same order as H1 2021 ie 2.8%) reaching, 2 years ahead of schedule, the Renaulution objective of an operating margin above 3% in 2023      &n mehr >>

Goodyear to participate in Wolfe Research Virtual Investor Conference 19.02.2022

Finance: Goodyear to participate in Wolfe Research Virtual Investor Conference

The Goodyear Tire & Rubber Company said it will participate in a fireside chat during Wolfe Research’s 2022 Global Auto, Auto Tech and Mobility Conference on Feb. 24, 2022, at 3:50 p.m. EST. Rod Lache, managing director at Wolfe Resea mehr >>

Thierry Piéton appointed Chief Financial Officer of Renault Group 19.02.2022

Finance: Thierry Piéton appointed Chief Financial Officer of Renault Group

As of March 1st, 2022, Thierry Piéton, currently Deputy Chief Financial Officer and Controller, is appointed Chief Financial Officer of Renault Group. He becomes a member of the Board of Management (BOM) of Renault Group and will report to Luca de Meo, CEO of Renault Group. mehr >>

Audi achieves milestone - New production site for electric models in China 17.02.2022

Finance: Audi achieves milestone - New production site for electric models in China

   Planning and approval stage completed: Construction on new e-car plant in Changchun to begin; completion by the end of 2024        CEO Markus Duesmann: “Central role in the Four Rings’ electrification strategy in China”        Production of PPE-based electric cars f mehr >>

Goodyear reports fourth quarter, full-year 2021 results 12.02.2022

Finance: Goodyear reports fourth quarter, full-year 2021 results

Net sales growth of 38% compared with the fourth quarter of 2020, 12% growth excluding the Cooper Tire transactionFourth quarter Goodyear net income of $553 million; adjusted net income of $162 millionMerger-adjusted segment operating income of $398 million, up 32% compared to the fourth quarter of 2020Continu mehr >>

Goodyear to participate in virtual fireside chat hosted by Deutsche Bank 12.02.2022

Finance: Goodyear to participate in virtual fireside chat hosted by Deutsche Bank

The Goodyear Tire & Rubber Company said today it will participate in a fireside chat hosted by Deutsche Bank on Feb. 14, 2022, at 2 p.m. EST.Emmanuel Rosner will host Darren R. Wells, executive vice president and chief financial officer, in a post-earnings vir mehr >>

Porsche acquires stake in Fazua and plans joint ventures with Ponooc 10.02.2022

Finance: Porsche acquires stake in Fazua and plans joint ventures with Ponooc

Sports car manufacturer expands involvement in e-bike marketPorsche is further expanding its involvement in the rapidly growing market for e-bikes. The Stuttgart based sports car manufacturer acquires a stake in Fazua, an innovative manufacturer of e-bike drive sy mehr >>

Kia announces January 2022 global sales results 05.02.2022

Finance: Kia announces January 2022 global sales results

    January global sales at 212,819 units, down 5.7% y/y    Sales in Korea recorded 37,038 units, down 10.7% y/y    Sales outside of Korea recorded 175,781 units, down 4.6% y/y    Kia to accelerate transition to sustainable mobility solutions provider and create sales mehr >>

03.02.2022

Finance: Porsche further expands online vehicle sales

94 per cent of global dealers with digital marketplaceYet another e-commerce milestone for Porsche: the number of markets offering online vehicle searches has recently hit 100 around the globe – and in 26 of these, cars can be ordered online too. In Canada, Porsche's own vehicle search was even introduced as the exclusive marketing platform for new mehr >>

Automobilist obtains further investment from entrepreneur Karel Komarek 02.02.2022

Finance: Automobilist obtains further investment from entrepreneur Karel Komarek

The automotive and motorsport hub start-up sees Komárek's share increase to 50%Entrepreneur Karel Komárek has increased his share in the company Automobilist, and now holds a 50% share. This company is a renowned creator of automotive and motor mehr >>

Executive Personnel Change: Stefanie Wurst succeeds Bernd Körber as Head of MINI 01.02.2022

Finance: Executive Personnel Change: Stefanie Wurst succeeds Bernd Körber as Head of MINI

As of February 1st 2022, Stefanie Wurst takes over the management of the MINI brand. Her predecessor Bernd Körber will now head BMW Product Management and the Connected Company. Strategic further development of the British premium brand with a focus on new markets and target groups as well as electromobility and digitalization will be consistently continued.  mehr >>

Record Low Inventory Stifles American Honda Sales Results in January 01.02.2022

Finance: Record Low Inventory Stifles American Honda Sales Results in January

    Anticipate inventory to improve as February progresses, but supply situation remains fluid    HR-V and Passport top Honda SUVs with new January sales records; 12th consecutive monthly mark for HR-V    Acura SUVs top 4,400 units in January; strong pre-sale interest in MDX limited only by supply mehr >>

Renault Nissan Mitsubishi alliance to strengthen EV position with new investments in APAC, observes GlobalData 28.01.2022

Finance: Renault Nissan Mitsubishi alliance to strengthen EV position with new investments in APAC, observes GlobalData

Renault-Nissan-Mitsubishi alliance is set to increase investments in electric vehicles (EVs) and launch 30 BEVs by 2030 across five common platforms. The investments in shared platforms and standardization of batteries across models will help the three brands to achieve economies of scale and enhance their competitive position in the global EV market. This allian mehr >>

Heinz-Jürgen Löw appointed SVP Renault Brand LCV 25.01.2022

Finance: Heinz-Jürgen Löw appointed SVP Renault Brand LCV

Renault announces the arrival of Heinz-Jürgen Löw as Senior Vice-President, Renault Brand Light Commercial Vehicle, as of February 2022. He is a member of Renault Brand Management Co mehr >>

Stellantis Completes Investment Round in Factorial, Further Accelerating Electrification Push 21.01.2022

Finance: Stellantis Completes Investment Round in Factorial, Further Accelerating Electrification Push

    Investment is part of Joint Development Agreement announced in November 2021, together with other investors    Funding will help scale global commercialization of Factorial’s solid-state battery technology that is robust and offers greater driving range than today’s lithium-ion technology mehr >>

Stellantis invest in Stimcar to support its development, strengthening circular economy initiatives 21.01.2022

Finance: Stellantis invest in Stimcar to support its development, strengthening circular economy initiatives

  -    Stellantis takes a majority of Stimcar’s capital, via Stellantis &You, Sales and Services-    Trust to founders, management autonomy and continuity of service-    Stellantis &You, Sa mehr >>

In 2021 BMW Motorrad achieves the best sales result in its history with an increase of 14.8 percent. 20.01.2022

Finance: In 2021 BMW Motorrad achieves the best sales result in its history with an increase of 14.8 percent.

194.261 BMW motorcycles and scooters were delivered to customers worldwide.BMW Motorrad finished the year with a record sales result despite major challenges. With 194,261 units (+14.8%), 2021 was the best year since BMW Motorrad was founded (previous yea mehr >>

Opel Increases Market Share in Western Europe in 2021 19.01.2022

Finance: Opel Increases Market Share in Western Europe in 2021

    Strong overall performance in home market of Germany    Opel Corsa best-selling small car in Germany    Vauxhall Corsa best-selling car in UK, Vauxhall number one e-LCV brand mehr >>

Alpine on the rise in 2021 18.01.2022

Finance: Alpine on the rise in 2021

    In the first year after announcing the Renaulution strategic plan, Alpine announced very strong growth in sales volume: +74%, with 2659 units sold in 2021.    In France, Alpine recorded a boost in sales of over 117%.    Alpine continues to develop internationally, with almost half of sales coming mehr >>

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