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Top Story: Volkswagen invests a further €500 million in sustainable battery activities with Northvolt AB |
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| Group participates in financing round with a total of US$2.75 billion and continues to hold about 20 percent of the shares in the Swedish cell producer Funds to be used for capacity expansion in production, recycling and research and development Arno Antlitz, Group Board Member for Finance and IT: “We are strengthening our strategic partnership with Northvolt as a supplier of sustainably produced battery “Volkswagen is participat mehr >> |
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11.06.2021
Finance: Volkswagen invests a further €500 million in sustainable battery activities with Northvolt ABGroup participates in financing round with a total of US$2.75 billion and continues to hold about 20 percent of the shares in the Swedish cell producer Funds to be used for capacity expansion in production, recycling and research and development Arno Antlitz, Group Board Member for Finance a mehr >> |
10.06.2021
Finance: Goodyear to present at Deutsche Bank Virtual Investor ConferenceThe Goodyear Tire & Rubber Company today said it will webcast its presentation during the Deutsche Bank Global Auto Industry Conference on June 16, 2021.Darren R. Wells, executive vice president and chief financial officer, will provide a business overview. mehr >> |
09.06.2021
Finance: EU budget 2022: Speeding up Europe's recovery and progressing towards a green, digital and resilient futureThe Commission has today proposed an annual EU budget of €167.8 billion for 2022, to be complemented by an estimated €143.5 billion in grants under NextGenerationEU. Their combined firepower will mobilise significant investments to boost the economic recovery mehr >> |
09.06.2021
Finance: Draft annual EU budget 2022 - Questions and answers1. What are the priorities of the draft budget for 2022?The EU budget is the centrepiece of the Union's recovery efforts, aiming to get Europe back on track following the COVID-19 pandemic and its consequences. mehr >> |
07.06.2021
Finance: FLA - Consumer car finance market boost in April as showrooms re-openNew figures released today by the Finance & Leasing Association (FLA) show that the consumer car finance market reported growth in new business volumes of 1276% in April 2021 compared with the same month in 2020. In the first four months of 2021, new business volumes were 13% higher than in the same period in 2020. mehr >> |
03.06.2021
Finance: American Honda Sets All-time Monthly Sales Record in MayAmerican Honda set an all-time sales record for any month on sales of 176,815 in May Honda brand light trucks set new all-time monthly sales record, helping the brand to record May s mehr >> |
01.06.2021
Finance: Kia announces May 2021 global salesMay global sales at 245,994 units, up 49.2% y/y Sales in Korea at 47,901 units, down 6.4% y/y Sales outside of Korea jumped to 198,093 units, up 74.2% y/y Kia to create sales momentum through new models, including the Kia EV6 battery electric vehicle and all-new Sportag mehr >> |
31.05.2021
Finance: Roland Villinger appointed new Head of Corporate and Product Strategy at SKODA AUTO- Roland Villinger will have responsibility for the newly created area of ‘Corporate and Product Strategy’ at ŠKODA AUTO as of 1 June 2021 - ‘Corporate Development and Digitalisation’ and &lsqu mehr >> |
28.05.2021
Finance: Mitsubishi Motors Announces Production, Sales and Export Figures for April 2021April 2021 Fiscal Year 2020 (21/04-21/04) Calendar Year 2021 (21/01-21/04) Volume(unit) YoY(%) Volume(unit) YoY(%) Volume(unit) YoY(%) mehr >> |
21.05.2021
Finance: Dometic acquires Front Runner Vehicle OutfittersOn May 20, 2021, Dometic entered into an agreement to acquire Front Runner Vehicle Outfitters – a global provider of high-qualitive products for the outdoor market headquartered in South Africa.SUMMARY • This mehr >> |
21.05.2021
Finance: Hagerty compares the depreciation of modern supercarsHagerty studies the depreciation curve of modern supercars from Ferrari, Aston Martin, and Porsche Analysts found that high-profile launches, with cars selling for over list, may damage residual values in the short-term Italian supercars depreciate less than their British counterparts, with mehr >> |
21.05.2021
Finance: BMW Ad-hoc announcement: Partial release of the provision with respect to EU antitrust proceedingsBased on the progress of the proceedings, BMW AG expects, compared with the statement of objections of 5 April 2019, that the EU Commission will significantly reduce its allegations against BMW AG in terms of content and duration. The subject matt mehr >> |
19.05.2021
Finance: UNCTAD - Global trade's recovery from Covid-19 crisis hits record high• Global trade’s recovery from the COVID-19 crisis hit a record high in the first quarter of 2021, increasing by 10% year-over-year and 4% quarter-over-quarter, according to UNCTAD’s Global Trade Update released on 19 May.FULL Trade update mehr >> |
18.05.2021
Finance: Lexus achieves cumulative global sales of two million electrified vehicles19 million tons cumulative reduction in CO2 emissions since 2005 Lexus’ first plug-in hybrid model to be launched in 2021, followed by a completely new, dedicated all-electric model in 2022 More than 10 electrified models to be launched by 2025 Carbon neut mehr >> |
15.05.2021
Finance: Mazda closes fiscal year with positive profitStrong recovery in the second half of the fiscal year brought in positive profit Positive outlook on sales and profits despite challenging market environmentThe Mazda Motor Corporation today announced mehr >> |
15.05.2021
Finance: Mazda Motor Europe announces Martijn ten Brink as its new President & CEOMazda Motor Europe (MME) has announced that effective 24th June 2021, Martijn ten Brink, currently Vice President of Sales & Customer Service at MME, will become President & CEO of MME succeeding Yasuhiro Aoyama who has led the European business since 2019. mehr >> |
15.05.2021
Finance: Volta Trucks strengthens its Executive Management Team with strategic appointmentsJohn Burrows appointed as Chief Financial Officer. Casper Norden joins Volta Trucks as Chief Strategy Officer. Mornie Robertson hired as Chief Human Resources Officer.V mehr >> |
14.05.2021
Finance: Goodyear announces pricing of $1.45 billion of senior notes in connection with planned Cooper Tire acquisitionThe Goodyear Tire & Rubber Company today announced that it has priced its private offering to eligible purchasers of $850 million aggregate principal amount of senior notes due 2029 (the “2029 notes”) and $600 million aggregate principal amount of senior notes due 2031 (the “2031 notes,” and together with the 2029 notes, the “notes”). The notes wi mehr >> |
13.05.2021
Finance: Toyota Announces Global Annual Results and Reconfirms Commitment To Carbon NeutralityGlobal vehicle sales of 7.646m units, down by 1.309m units Global net revenue of 27,214.5 bn yen (219.5 bn EUR), down by 2,651.9 bn yen Global net income of 2,245.2 bn yen (18.1 bn EUR), up from 2,036.1 bn yen Toyota Motor Corporation reconfirms commitment mehr >> |
12.05.2021
Finance: Nissan contributes - € 73 million for first quarter 2021 to Renault’s earningsNissan released its results for the fourth quarter of fiscal year 2020/2021 (April 1st, 2020 to March 31st, 2021).Nissan’s results, published in Japanese accounting standards, for the fourth quarter of fiscal year 2020/2021 ( mehr >> |
12.05.2021
Finance: Gordon Murray Group announces major expansion plans and investment for future growthGordon Murray Group announces roadmap for future expansion through a £300M investment in Gordon Murray Design, Gordon Murray Automotive, R&D and talent New division Gordon Murray Electronic mehr >> |
12.05.2021
Finance: Turbulent first quarter for UK used car market as sales fall -8.9%SMMT USED CAR SALES (data for Q1 2021) UK used car transactions fall -8.9% in Q1 2021 with 1,687,755 transactions. Monthly performances impacted by lockdowns, but March up on particularly weak 2020. Market for used plug-in vehicles stays strong with a 37.9% rise in Q1 transactions. mehr >> |
11.05.2021
Finance: Brembo financial results for the first quarter of 2021RECORD Q1 REVENUES, UP 17.2% TO €675.1 MILLION (+20.9% ON A LIKE-FOR-LIKE EXCHANGE RATE BASIS). EBITDA AT €135.6 MILLION (EBITDA MARGIN: 20.1%), NET PROFIT AT €61.4 MILLION Compared to Q1 2020: • Revenues at €675.1 million (+17.2% or +20.9% on a like-for-like exchange rate basis); +1.2% compared to Q1 2 mehr >> |
07.05.2021
Finance: Audi’s momentum was strong in the first quarter of 2021Sales revenue €14.1 billion, operating profit €1.4 billion, operating return on sales 10.0 percent, profits before tax €1.7 billion Strong performance partly thanks to special items: net cash flow €3.1 billion First quarter of 2021 was characterized mehr >> |
07.05.2021
Finance: BMW Group First quarter: Transformation accelerated, core business significantly strengthenedZipse: "BMW Group highly profitable and sustainable" - Deliveries of electrified vehicles more than doubled - Free cash flow of € 2.5 billion in first quarter - Sustainable mobility needs more than just an e-drive - Earnings booste mehr >> |
07.05.2021
Finance: Successful start to the new fiscal year for VolkswagenBrand doubles its Q1 2021 operating profit year-on-year to EUR 900 million Positive outlook for full year 2021– margin target of 6 percent in 2023 confirmed Strong recovery in the Chinese market as well as North and South America Sales of all-electric vehicles almost doubled and those of plug-in hybrids more t mehr >> |
05.05.2021
Finance: Volvo Cars’ global sales up by 97.5 per cent in AprilVolvo Cars achieved its 10th consecutive month of sales growth, as the company’s global sales increased by 97.5 per cent in April compared with the same month last year.I mehr >> |
04.05.2021
Finance: The Porsche 911 GT3 RS MR laps the 20.832-kilometre-long Nürburgring Nordschleife in 6:54.340 minutesOn Friday 23 April 2021, the 383 kW (520 hp) Porsche 911 GT3 RS MR from the 991.2 generation lapped the 20.832-kilometre-long Nordschleife in the presence of a notary in 6:54.340 minutes. The measured time for the 20.6-kilometre-lon mehr >> |
04.05.2021
Finance: Honda and Acura Light Trucks Drive Continued American Honda Sales Momentum Setting Multiple Records in AprilAmerican Honda light trucks, and Honda brand light trucks, each set new all-time sales records Honda cars and trucks combine for best April sales in brand history HR-V mehr >> |
01.05.2021
Finance: Goodyear reports first quarter 2021 results– First quarter Goodyear net income of $12 million; adjusted net income of $102 million– First quarter segment operating income of $226 million, strongest first quarter since 2018– Global consumer replacement volume significantly exceeded industry, driven by large-rim diameter segment- Record first quarter consumer mehr >> |
29.04.2021
Finance: Stellantis ranks first in global European sales in Q1 2021Stellantis takes the top spot among automakers with a market share of 23.6% in Q1 2021 in the Passenger Cars and Light Commercial Vehicles perimeter.In a context of moderate growth of the European market at 3.8%, the results achieved by Stellantis mehr >> |
29.04.2021
Finance: UK engine production rises 31.7% in MarchUK ENGINE MANUFACTURING March UK engine production rises 31.7% in 2021, compared with Covid-hit month a year ago. Output for domestic and overseas markets increases 50.4% and 19.9% respectively. Performance in first quarter still down -11.1%, with 534,793 engines manufactured. mehr >> |
28.04.2021
Finance: Mitsubishi Motors Announces Production, Sales and Export Figures for March 2021 and 2020 Fiscal YearMarch 2021 Fiscal Year 2020 (20/04-21/03) Calendar Year 2021 (21/01-21/03) Volume YoY(%) mehr >> |
27.04.2021
Finance: $146.12m could be lost from an entire season without fans in MotoGP, says GlobalDataWith a number of Grand Prix for the 2021 season having already announced plans to forgo attendances, the cost of an entire season without fans across the 22 races in MotoGP would see the competition lose out on nine-figure sums, says GlobalData, a leading data and analytics company. mehr >> |
26.04.2021
Finance: Daimler Truck AG makes significant management and organizational changes in preparation for an independent futureDaimler Truck AG is making significant changes to its management structure ahead of the spin-off and separate listing planned for late 2021 Daimler Truck AG reaffirms strategic goals: Improving profitability and leading role in the transformation of the commercial vehicle business The reorga mehr >> |
26.04.2021
Finance: HRT continues to grow in strenght - Ulrich Fritz named new CEOHaving expanded its racing programme for the 2021 season, the Haupt Racing Team continues to grow structurally too: the team founded last year by businessman and racing driver Hubert Haupt welcomes on board Ulrich Fritz, who takes over the management of Haupt Racing Team GmbH. mehr >> |
22.04.2021
Finance: Kia announces 2021 first-quarter business results1Q revenue at KRW 16.58 trillion, up 13.8% y/y 1Q global wholesales volume at 689,990 units, 6.4% increase from 648,685 units in the previous year 1Q operating profit soared 142.2% y/y to KRW 1.08 trillion; Quarterly operating profit margin of 6.5% 1Q net mehr >> |
21.04.2021
Finance: Tesla delivered a record 185K vehicles in Q1 2021Tesla delivered and produced a record number of vehicles in the first quarter of 2021. According to data presented by Tradingplatforms.com, Tesla delivered an estimated 184,800 vehicles in Q1 2021.Tesla Sets Company Records for Deliveries and Production in Q1 2021On the back mehr >> |
19.04.2021
Finance: Preliminary Key Financial Performance Figures of BMW AG for the first quarter 2021 exceed market expectationsAd-hoc announcement BMW AG reports sales growth in all significant regions of the world, in particular in China, and all brands in the first quarter of 2021. In addition, positive price and mix effects, as well as high demand for pre-owned cars, also lea mehr >> |
17.04.2021
Finance: Kia registers slight Q1 growth and increased sales of electrified vehiclesKia’s European market share holds stable at 3.7 per cent in the first quarter Kia Q1 registrations across Europe (EU, EFTA and UK) increase nearly one per cent year-on-year Sales of Kia’s electrified vehicles (EV, plug-in hybrid and hybrid) continue to grow despite widespread showroom mehr >> |
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