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American Honda Sets All-time Monthly Sales Record in May
03.06.2021
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| American 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 more >> |
Kia announces May 2021 global sales
01.06.2021
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| May 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 more >> |
Roland Villinger appointed new Head of Corporate and Product Strategy at SKODA AUTO
31.05.2021
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| - 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 more >> |
Mitsubishi Motors Announces Production, Sales and Export Figures for April 2021
28.05.2021
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| April 2021 Fiscal Year 2020 (21/04-21/04) Calendar Year 2021 (21/01-21/04) Volume(unit) YoY(%) Volume(unit) YoY(%) Volume(unit) YoY(%) more >> |
Dometic acquires Front Runner Vehicle Outfitters
21.05.2021
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| On 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 more >> |
Hagerty compares the depreciation of modern supercars
21.05.2021
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| Hagerty 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 more >> |
BMW Ad-hoc announcement: Partial release of the provision with respect to EU antitrust proceedings
21.05.2021
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| Based 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 more >> |
UNCTAD - Global trade's recovery from Covid-19 crisis hits record high
19.05.2021
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| • 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 more >> |
Lexus achieves cumulative global sales of two million electrified vehicles
18.05.2021
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| 19 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 more >> |
Mazda closes fiscal year with positive profit
15.05.2021
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| Strong 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 more >> |
Mazda Motor Europe announces Martijn ten Brink as its new President & CEO
15.05.2021
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| Mazda 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. more >> |
Volta Trucks strengthens its Executive Management Team with strategic appointments
15.05.2021
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| John Burrows appointed as Chief Financial Officer. Casper Norden joins Volta Trucks as Chief Strategy Officer. Mornie Robertson hired as Chief Human Resources Officer.V more >> |
Goodyear announces pricing of $1.45 billion of senior notes in connection with planned Cooper Tire acquisition
14.05.2021
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| The 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 more >> |
Toyota Announces Global Annual Results and Reconfirms Commitment To Carbon Neutrality
13.05.2021
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| Global 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 more >> |
Nissan contributes - € 73 million for first quarter 2021 to Renault’s earnings
12.05.2021
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Nissan 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 ( more >> |
Gordon Murray Group announces major expansion plans and investment for future growth
12.05.2021
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| Gordon 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 more >> |
Turbulent first quarter for UK used car market as sales fall -8.9%
12.05.2021
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| 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. more >> |
Brembo financial results for the first quarter of 2021
11.05.2021
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| RECORD 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 more >> |
Audi’s momentum was strong in the first quarter of 2021
07.05.2021
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| Sales 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 more >> |
BMW Group First quarter: Transformation accelerated, core business significantly strengthened
07.05.2021
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| Zipse: "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 more >> |
Successful start to the new fiscal year for Volkswagen
07.05.2021
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| Brand 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 more >> |
Volvo Cars’ global sales up by 97.5 per cent in April
05.05.2021
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| Volvo 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 more >> |
The Porsche 911 GT3 RS MR laps the 20.832-kilometre-long Nürburgring Nordschleife in 6:54.340 minutes
04.05.2021
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On 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 more >> |
Honda and Acura Light Trucks Drive Continued American Honda Sales Momentum Setting Multiple Records in April
04.05.2021
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American 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 more >> |
Goodyear reports first quarter 2021 results
01.05.2021
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| – 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 more >> |
Stellantis ranks first in global European sales in Q1 2021
29.04.2021
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| Stellantis 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 more >> |
UK engine production rises 31.7% in March
29.04.2021
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| UK 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. more >> |
Mitsubishi Motors Announces Production, Sales and Export Figures for March 2021 and 2020 Fiscal Year
28.04.2021
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March 2021 Fiscal Year 2020 (20/04-21/03) Calendar Year 2021 (21/01-21/03) Volume YoY(%) more >> |
$146.12m could be lost from an entire season without fans in MotoGP, says GlobalData
27.04.2021
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| With 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. more >> |
Daimler Truck AG makes significant management and organizational changes in preparation for an independent future
26.04.2021
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| Daimler 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 more >> |
HRT continues to grow in strenght - Ulrich Fritz named new CEO
26.04.2021
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| Having 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. more >> |
Kia announces 2021 first-quarter business results
22.04.2021
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| 1Q 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 more >> |
Tesla delivered a record 185K vehicles in Q1 2021
21.04.2021
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| Tesla 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 more >> |
Preliminary Key Financial Performance Figures of BMW AG for the first quarter 2021 exceed market expectations
19.04.2021
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| Ad-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 more >> |
Kia registers slight Q1 growth and increased sales of electrified vehicles
17.04.2021
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| Kia’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 more >> |
FLA: Super Deduction will not ensure growth in its current form
17.04.2021
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| The Finance & Leasing Association (FLA) and the British Vehicle Rental and Leasing Association (BVRLA) have asked the Government to amend the Super Deduction initiative to boost investment in plant and machinery by extending it to include l more >> |
Polestar raises USD550m from new investors; further fund raising considered
15.04.2021
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| Polestar, the Swedish electric performance car company, has raised USD550m from a group of long-term financial investors.The private placement of newly issued shares marks the first time external investors have backed Polestar’s products, brand, more >> |
Toyota Motor Europe market share climbs to a record high of 6.6% in first quarter
14.04.2021
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| TME sales remain on a growth path with 287,678 vehicles sold between January- March 2021, up +6% year-on-year The company’s overall European hybrid mix is now at a record high of 56% Toyota brand climbs to 2nd spot for best-selling passenger car brands in Europe Lexus more >> |
Goodyear holds virtual annual meeting, elects directors
13.04.2021
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| The Goodyear Tire & Rubber Company announced the election of 13 members to the Board of Directors for new one-year terms at the company’s virtual annual shareholder meeting today.In addition, shareholders voted in favor of an advisory resolution approvin more >> |
