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Brembo Q4 2020 results
04.03.2021
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| BREMBO: Q4 2020 REVENUES AT €648.7 MILLION, UP 4.5% (+7.8% ON A LIKE-FOR-LIKE EXCHANGE RATE BASIS) NET PROFIT AT +17.5% TO €64.8 MILLION.DIVIDEND PROPOSAL: €0.22 PER SHARE.Q4 2020 results:• Revenues at +4.5% compared to Q4 of the previous year (+7.8% on a like-for-like more >> |
Daimler Buses did well in fiscal year 2020 despite COVID-19 and continues to drive CO2-neutral passenger transport
04.03.2021
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| Fiscal year 2020 at Daimler Buses characterized by significantly contracting markets as a result of the COVID-19 pandemic
Market leadership secure in core EU 30, Brazil, Argentina, Mexico and Tur more >> |
Mercedes-Benz Bank successful in challenging market environment in 2020
04.03.2021
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| Contract portfolio for vehicle leasing and financing amounted to 25.9 billion euros in 2020, which was at the level of the previous year. Customer deposits increase to 13 billion euros. Potential this year thanks to new Mercedes-Benz C-Class and trend toward hybrid and electric vehicles. more >> |
Stellantis NV Strong 2020 Results
04.03.2021
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| Further to the creation of Stellantis N.V. through the closing of the cross-border legal merger between Fiat Chrysler Automobiles N.V. (FCA) and Peugeot S.A. (PSA) on January 16, 2021, the following documents are the earnings releases of the legacy operations of FCA and PSA for the year ended December 31, 2020. more >> |
Honda and Acura Trucks Set New February Sales Records
02.03.2021
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| • Honda trucks record best-ever February sales, rising 5.7%
• Honda Passport (up 18.6%) and HR-V (up 1%) set new February marks• Fr more >> |
Marc Lechantre appointed Responsible Used Vehicles for Stellantis
02.03.2021
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| Effective March 1st, 2021, Marc Lechantre is appointed Responsible Used Vehicles for Stellantis. He will report to Philippe de Rovira, Stellantis’ Chief Affiliates Officer.
Marc Lechantre joined Groupe PSA in 2006 and was more >> |
Matt Harrison to be appointed President and CEO of Toyota Motor Europe and CEO
02.03.2021
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| ... Europe Region, Toyota Motor Corporation, succeeding Dr. Johan van Zyl Change effective April 2021 Van Zyl to remain Chairman, Toyota South Africa MotorsToyota Motor Europe ( more >> |
Supervisory Board of AUDI AG appoints new Member of the Board of Management for Finance and Legal Affairs
01.03.2021
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| Supervisory Board Chair Diess: “Jürgen Rittersberger is an expert in management, controlling and strategy” Deputy Chair Mosch: “realize investments to successfully transform our company” CEO Duesmann: “he will slot right into our team, ensuring a seamles more >> |
Oliver Hoffmann named new Member of the Audi Board for Technical Development
24.02.2021
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| Supervisory Board Chair Diess: "an accomplished engineer with the right leadership qualities to head up the technical heart of this premium brand" Deputy Chair Mosch: "welcome news for staff at both German sites" CEO Duesmann: "a long-time Audi colleague, stands for true integrity and tea more >> |
Tesla Delivered 180,600 Vehicles in Q4 2020 - 30% More than Q3
23.02.2021
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| Tesla and enigmatic founder, Elon Musk have been on the news regularly in recent months for the company’s impressive performance in 2020. Musk has long wanted to break through the mainstream market with his electric cars and it seems that more >> |
LKQ Europe tops second half 2020 segment EBITDA margin outlook
22.02.2021
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| Strong second half in European segment with a segment EBITDA margin of 8.9%, above the range of 8.0% to 8.5% presented at the September 2020 LKQ Investor Day.LKQ Corporation (Nasdaq:LKQ) reported fourt more >> |
Renault Board of Directors communication
18.02.2021
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| Groupe Renault continues the renewal of its Board of Directors, which began in 2019, strengthening its financial, digital and mobility expertise.At today’s meeting, on the recommendation of the Governance and Remuneration Committee, Renault's Board more >> |
AAAM and Afreximbank sign an MoU to drive Automotive Investment in Africa
18.02.2021
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| also on african.partnersThe African Export-Import Bank (Afreximbank) and the African Association of Automotive Manufacturers (AAAM) have entered into a Memorandum of Understanding (MoU) for the financing and promotion of the automotive industry in Africa. more >> |
Daimler confident for 2021
18.02.2021
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| Financial results 2020 significantly better than expected amid COVID-19 challenges Net profit increased by 48% to €4.0 billion (2019: €2.7 billion) Net liquidity of the industrial business of €17.9 billion (end of Q3 2020: €13.1 billion/end of 2019: €11.0 billion)&nb more >> |
Ford Europe Goes All-In on EVs on Road to Sustainable Profitability; Cologne Site Begins $1 Billion Transformation
18.02.2021
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| Ford says by mid-2026, 100% of its passenger vehicle range in Europe will be zero-emissions capable, all-electric or plug-in hybrid; moving to all-electric by 2030
Ford’s commercial vehicle ran more >> |
UK bus and coach registrations decline -32.0% as Covid hits 2020 market
18.02.2021
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| BUS AND COACH REGISTRATIONS17 February 2021 (data for Q4 and full year 2020) Demand for new buses and coaches drops -32.0% in 2020, with 3,996 vehicles joining UK roads. Single-deck registrations, down -58.7% to 755 un more >> |
UK Heavy Goods Vehicle registrations fall -32.2% in 2020 as operators postpone fleet renewal
18.02.2021
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| HEAVY GOODS VEHICLE REGISTRATIONS17 February 2021 (data for data for vehicles >6 tonnes, Q4 and full year 2020) Truck registrations drop to 32,918 units following bumper 2019 and impact of pandemic. &nbs more >> |
Indonesia off-track with its target of exporting one million vehicles by 2024, says GlobalData
16.02.2021
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| Following the news from the Association of Indonesia Automotive Industries (GAIKINDO) that automotive exports from the country declined by 30.1%;Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading research and consulting company, of more >> |
FLA Members provided £113 billion of new business in 2020
12.02.2021
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| New figures released today by the Finance & Leasing Association (FLA) show that FLA members across the asset finance, consumer finance and motor finance markets provided £113 billion of new business in 2020 to help support business inves more >> |
FLA: Consumer car finance new business volumes fell by 12% in December 2020
12.02.2021
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| New figures released today by the Finance & Leasing Association (FLA) show that the consumer car finance market reported a fall in new business volumes of 12% in December 2020 compared with the same month in 2019. In 2020 as a whole, new busin more >> |
BMW Manufacturing Is Largest U.S. Automotive Exporter by Value for 7th Consecutive Year.
11.02.2021
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| Export Value From South Carolina Plant Totals More Than $8.9 Billion in 2020. Plant Sets New High for Six-Month Production Period Despite Production Interruption. For the more >> |
UNCTAD - Global Trade Update February 2021
09.02.2021
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| East Asia manufacturing leading the global trade recovery.The recovery has been uneven, with many countries lagging. South-South trade remains well below average but for East Asia. East Asian economies have been leading the recovery process with strong export growth and gains in global market share.Most manufacturing sectors recorded po more >> |
Nissan contributes - € 123 million for fourth quarter 2020 to Renault's earnings
09.02.2021
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Nissan released today its results for the third quarter of fiscal year 2020/2021 (April 1st, 2020 to March 31st, 2021).Nissan’s results, published in Japanese accounting standards, for the third quarter of fiscal year 2020/2021 (October more >> |
Auto makers’ credit losses stay low despite economic effects of coronavirus crisis
09.02.2021
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| Credit loss rates at auto makers’ financing arms have remained at multi-year lows despite the economic ramifications of the coronavirus crisis. Government support through payment moratoriums and direct transfers have helped auto loan debtors to weather the crisis while financing arms of auto makers have benefitted from low credit losses.Credi more >> |
Stellantis 2021 Corporate Calendar
05.02.2021
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Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announced today that the Fourth Quarter and Full Year 2020 results for Fiat Chrysler Automobiles N.V. (FCA) and Full Year 2020 results for Peugeot S.A. (Groupe PSA) will be released on March 3, 2021. more >> |
Van market starts new year with a boost, up 2.0% in January
05.02.2021
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| UK light commercial vehicle (LCV) market grows 2.0% in January, with 24,029 vehicles registered. Registrations of large vans single-handedly drive demand, surging 25.4% as all other segments experience double-digit decline. New emissions figures reveal 2020 as the year with lowest recorded van-der more >> |
Q1 2021 Industry Outlook Survey Results – FLA members see opportunities for growth
05.02.2021
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| The Q1 2021 Industry Outlook Survey results released today by the Finance & Leasing Association (FLA) shows that the asset finance, consumer finance and motor finance industry see opportunities for growth over the next year despite the h more >> |
New UK car registrations fall -39.5% as showroom closures stifle demand
05.02.2021
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| Just 90,249 new cars registered in January – the worst start to a year since 1970 despite click and collect preventing greater fall New emissions figures show 2020 delivered the cleanest vehicles in history as average CO2 emissions fell by -11.8% on previous year, but more to do to deliver net zero more >> |
Volvo Cars’ global sales grew 30.2 per cent in January
04.02.2021
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| Starting 2021 on a strong note, Volvo Cars reported the best January in its history, as Europe, China and the US all reported increasing sales.Global sales rose by 30.2 per cent to 59,588 cars, boosted by a strong year-on-year performance in China where the co more >> |
REE Automotive to list on NASDAQ through merger with 10X Capital Venture Acquisition Corp
04.02.2021
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| REE Automotive (“REE”), a leader in e-Mobility, has entered into a merger agreement with 10X Capital Venture Acquisition Corp (NASDAQ: VCVC) (“10X SPAC”); the newly combined company will be listed on the NASDAQ under the new ticker symbol “REE”. more >> |
Daimler plans a fundamental change in its structure
04.02.2021
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| Daimler plans separation into two pure−play companies and majority listing of Daimler Truck to accelerate into zero− emissions and software−driven future Intention to split Daimler’s industrial businesses and establish more >> |
Ford Invests $1 Billion (R15.8) to Modernize, Expand South African Manufacturing for All-New Ranger; Adds 1,200 Jobs
02.02.2021
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| • New advanced technologies and systems will modernize and grow the Ford Silverton Assembly Plant to support expanded production of the all-new Ranger pickup truck, starting in 2022
• Fo more >> |
Pietro Gorlier is appointed Stellantis Chief Parts and Services Officer
01.02.2021
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| Effective February 1st 2021, Pietro GORLIER is in charge of the Stellantis Parts and Services business worldwide.Most recently, he was Chief Operating Officer, Europe, Middle East, Africa Region of former FCA Group and Global Head of Parts & Service (MOPAR) more >> |
Kia announces January global sales
01.02.2021
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| January global sales at 226,298 units, up 2.5% y/y Korea sales increased 12% to 41,481 units Sales outside of Korea climbed 0.6% to 184,817 units Kia to expand new model line-up, including its first dedicated BEV model more >> |
Welcome on board: Karin Radström takes over management of Mercedes-Benz Trucks
01.02.2021
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| Karin Rådström took up her position as Member of the Board of Management, Daimler Truck AG, responsible for Mercedes-Benz Trucks, today. Rådström most recently has been responsible for sales and marketing at Scania as a member of the Executive Board. more >> |
Lexus announces 2020 global sales results
01.02.2021
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Lexus global sales for January–December 2020 totalled 718,715 units (a 6% decrease from the previous year). While the first half of the year was affected by the spread of COVID-19 with a 16% decrease from the first half of 2019, sales from July-December increased by 2% compa more >> |
Daimler preliminary results for the financial year 2020 significantly above guidance and market expectations
29.01.2021
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| Daimler completed the financial year of 2020 in a challenging environment with a very strong fourth quarter, in particular with regard to Industrial Free Cash Flow. All divisions contributed to this success. Mercedes-Benz Cars and Vans exceeded key financial metrics of the financial year 2019. more >> |
UK car production down -29.3% as coronavirus slams brakes on sector
29.01.2021
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| UK CAR MANUFACTURING data for December and FY20 UK car manufacturing output falls -29.3% in 2020 to 920,928 units, the lowest total since 1984. Production for UK and overseas markets declines -30.4% a more >> |
British engine production falls -27.0% in 2020 as pandemic hits output
29.01.2021
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| UK ENGINE MANUFACTURING (data for December and full year 2020)
UK engine manufacturing down -27.0% in 2020 to just over 1.8 million units. Production for domestic and ove more >> |
