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Top Story: Alpine management appointments |
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| Starting on 1st July 2022, Emmanuel Al Nawakil will join Alpine as Vice President, Sales and Operations.On the same day, David Gendry, in addition to his current responsibilities as Vice President, Alpine Communications, will add marketing activities to his portfolio and thus take on the position of Vice President, Alpine Communications and Marketing.On 1st July 2022, Emmanuel Al Nawakil will join Alpine as Vice President, Sales and Operations. He will sit on the Management Committee and report more > cellspacing="1"> |
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13.06.2022
Finance: Alpine management appointmentsStarting on 1st July 2022, Emmanuel Al Nawakil will join Alpine as Vice President, Sales and Operations.On the same day, David Gendry, in addition to his current responsibilities a mehr >> |
07.06.2022
Finance: Porsche and UP.Labs plan to build tailormade startupsSports car manufacturer strives to create new companies that support its core businessPorsche is expanding its venturing network by collaborating with UP.Labs, a new model for fostering innovative startups. The Stuttgart-based sports car manufacturer h mehr >> |
07.06.2022
Finance: Goodyear to participate in Deutsche Bank's Global Auto Industry ConferenceThe Goodyear Tire & Rubber Company said today it will participate in a fireside chat during Deutsche Bank’s Global Auto Industry Conference on June 14, 2022, at 10:15 a.m. EDT.Emmanuel Ro mehr >> |
02.06.2022
Finance: Porsche participates in further Rimac funding roundSports car manufacturer invests an eight-figure sumTaycan Turbo S Sport Turismo: Electrical consumption combined: 26,3 kWh/100 km (NEDC); 24,0 – 22,5 kWh/100 km (WLTP); CO2 emissions combined: 0 g/km (NEDC); 0 g/km (WLTP); Electric mehr >> |
01.06.2022
Finance: MG surpasses previous annual car sales in first five months of 2022MG Motor UK surpasses previous annual sales figure in just five months, with 18,800 new vehicles registered so farRecord sales figures reflect the brand’s upward trajectory in the UKAffordable, value-driven range of petrol, hy mehr >> |
11.05.2022
Finance: Automobili Lamborghini’s growth continuesTurnover and Operating Profit up in Q1 2022Following on from an incredibly successful 2021, in which Automobili Lamborghini recorded its best-ever performance in terms of turnover and profitability, the first quarter of 2022 closed with continuing growth in mehr >> |
05.05.2022
Finance: Porsche increases sales revenue and operating profitReturn on sales in first quarter grows to 18.2 per centPorsche AG demonstrated a robust performance at the start of the year. In the first three months of 2022, the company increased both its sales revenue and its operating profit compared to the first quarter mehr >> |
05.05.2022
Finance: Audi Group closes strong first quarterCFO Rittersberger: “Premium brand group decisively responding to current challenges.” Record first-quarter operating profit and operating return on sales of 24.3 percent also thanks to support from raw material hedging transactions Lamborghini, Bentley, and mehr >> |
05.05.2022
Finance: BMW Group - Strong increase in earnings and margin following full consolidation of China joint ventureZipse: “Strength and resilience of BMW Group particularly evident in challenging environment” - Group EBT rises to € 12.2 billion - Free cash flow of € 4.8 billion in auto segment - BEV sales increased by almost 150% - Guidance confirmed despite high volatility mehr >> |
05.05.2022
Finance: Stellantis Reports 12% Increase in Q1 2022 Net RevenuesFirst Quarter 2022 Shipments and RevenuesFull-Year Guidance Confirmed • Net revenues of €41.5 billion, up 12% compared to €37.0 billion for Q1 2021 Pro Forma(1) reflecting strong pricing and veh mehr >> |
04.05.2022
Finance: Volkswagen improves cost efficiency and economic efficiency in a tough environmentFirst quarter of 2022: operating result increases to EUR 513 million Operating return on sales rises to 3.4 percent Electric mobility strategy on track: 74 percent more all-electric cars delivered Demand remains high – backlog of orders at all-time high mehr >> |
04.05.2022
Finance: American Honda April Sales Limited by Supply ConstraintsAmerican Honda April sales top 93,000 units, despite difficult supply constraints HR-V scored a 15th straight monthly sales record, with sales of 13,785 units Honda passen mehr >> |
03.05.2022
Finance: BMW Group and Mercedes-Benz Mobility intend to sell their car-sharing joint venture SHARE NOW to StellantisTwo strong pillars: BMW Group and Mercedes-Benz Mobility further develop mobility joint ventures in a targeted manner- Strengthening multi-mobility: FREE NOW as the leading multi-mobility app in Europe will continue to grow- The joint venture for electric charg mehr >> |
03.05.2022
Finance: Kia announces April 2022 global sales resultsApril global sales at 238,538 units, down 5.8% y/y Sales outside of Korea recorded 188,443 units, down 6.8% y/y Sales in Korea recorded 50,095 units, down 2.0% y/y Kia to continue creating sales momentum and enhancing profitability through new models, such as the Kia EV6 mehr >> |
27.04.2022
Finance: Venture capital deals value in advanced batteries skyrocket 850% YoY in 2021, finds GlobalDataAdvanced batteries, which are sophisticated versions with superior properties, are grabbing attention in accelerating the commercialization of electric vehicles (EVs). Against the backdrop, the value of venture capital (VC) deals in advanced batteries shot up by 850% year-on-year (YoY) in 2021 with focus on lithium chemistries, reveals GlobalData, a leading data and analytics company. mehr >> |
26.04.2022
Finance: Goodyear South Africa appoints new Managing DirectorRichard Fourie is appointed to the helm in Goodyear South AfricaGoodyear South Africa has appointed Richard Fourie to the position of Managing Director effective from April 2022. Richard takes over from Piotr Czyzyk who led the company for two years.With over 25 years of management and leadership experience from variou mehr >> |
15.04.2022
Finance: Ducati continues its growth trend, record first quarter 202213,450 motorcycles delivered to passionate customers worldwide during the first three months of 2022, up by 5% compared to 2021 Italy is again the leading market for Ducati with 2,544 motorcycles mehr >> |
14.04.2022
Finance: Tesla boss Elon Musk wants to take over TwitterElon Musk, the boss of electric car manufacturer Tesla, announced on Thursday (14.4.) an offer to buy all the shares of the short news service Twitter. He holds just over nine per cent so far.Tesla boss Elon Musk is launching a spectacular t mehr >> |
14.04.2022
Finance: A record-breaking first quarter for Lamborghini: the best everWinkelmann: “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 >> |
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 >> |
07.04.2022
Finance: MG Motor UK breaks more sales records in Q1MG 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 >> |
05.04.2022
Finance: Everrati adds bespoke finance offering through JBR Capital for its range of electrified classicsLeading 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 >> |
04.04.2022
Finance: Thomas Schäfer named new Chief Operating Officer at Volkswagen brandNew 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 >> |
04.04.2022
Finance: Yanmar Acquires Majority Ownership in Battery Technology Company ELEOYanmar 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 >> |
02.04.2022
Finance: American Honda Posts Strong March Sales with Slight Improvement in Product SupplyAmerican 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 >> |
02.04.2022
Finance: Stellantis Signs Binding Agreements with European Financing PartnersAfter 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 >> |
01.04.2022
Finance: Kia announces March 2022 global sales resultsMarch 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 >> |
01.04.2022
Finance: BMW Financial Services North America Appoints New CEOBMW 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 >> |
01.04.2022
Finance: Global automakers earmark nearly US$600bn for EVs over next decade, finds GlobalDataAggressive 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 >> |
31.03.2022
Finance: Goodyear Ventures expands portfolio with Nova Labs investment to advance connected mobility on the helium networkThe 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 >> |
21.03.2022
Finance: Suzuki Motor to fortify Indian presence with new EV investments, observes GlobalDataFollowing 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 >> |
15.03.2022
Finance: SAIC joins league of global automakers with US$43bn investment in next-gen mobility, observes GlobalDataFollowing 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 >> |
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 >> |
03.03.2022
Finance: BMW Group Investing More Than $200 Million to Add New Press Shop at South Carolina Plant- Press Shop Will Add More Than 200 Jobs - Three-Year Construction Project Will Start Production in 2024 BMW Group will invest more than $200 million to construct a 219,000 square foot press shop at its South Caro mehr >> |
01.03.2022
Finance: Supply Issues and Winter Storm Landon Constrain American Honda February Sales MomentumMultiple 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 >> |
01.03.2022
Finance: Authentic Brands Group Finalizes the Acquisition of ReebokAuthentic 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 >> |
28.02.2022
Finance: Laurent David is appointed Senior Vice President, Controller, Renault GroupAs 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 >> |
24.02.2022
Finance: Stellantis Employees Benefit from Company’s 2021 First Full Year Financial ResultsIn 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 >> |
24.02.2022
Finance: Stellantis Full Year 2021 ResultsStellantis 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 >> |
19.02.2022
Finance: Renault Group exceeds its 2021 targets and accelerates its Renaulution strategy2021 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 >> |
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