Scania Interim Report January-September 2020

SÖDERTÄLJE, Sweden, Nov. 10, 2020 /PRNewswire/ — Scania delivered a strong underlying performance during the period though significantly impacted by the global pandemic. Summary of the first nine months of 2020 Net sales decreased by 22 percent to SEK 88,843 m. (113,815) Operating income decreased by 62 percent and amounted to SEK 5,249 m. (13,889)… Continue reading Scania Interim Report January-September 2020

Hyundai Plans Thrilling Cadence of Seven N and N Line Performance Models through 2022

The N brand family has currently revealed the Veloster N, Sonata N Line and Elantra N Line, with the remaining four N brand models to be unveiled in the near future. Early consumer research feedback on these future N models has been very positive. “I’m proud of what our talented N brand engineers, designers and… Continue reading Hyundai Plans Thrilling Cadence of Seven N and N Line Performance Models through 2022

John Hennessey opens up on 30 years of performance engineering

SEALY, Texas, Nov. 9, 2020 /PRNewswire/ — Hennessey Performance will enter 2021 with a brand-new car and a focus on achieving world class dynamic performance that pushes the boundaries of speed. John Hennessey has spent 30 years developing performance cars, analysing their characteristics and delivering thrills to motoring enthusiasts. In his latest podcast, a chat with Bugatti’s Tim… Continue reading John Hennessey opens up on 30 years of performance engineering

Verra Mobility Announces Third Quarter 2020 Financial Results

MESA, Ariz., Nov. 5, 2020 /PRNewswire/ — Verra Mobility (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today financial results for the three and nine months ended September 30, 2020. “We are very pleased with the Company’s performance in the third quarter, including modest signs of improvement in Commercial Services, continued strength in… Continue reading Verra Mobility Announces Third Quarter 2020 Financial Results

Lucid Motors Expands California Studios with New Locations in Century City and San Jose

At any Lucid Studio, customers can review options for the full Lucid Air lineup of luxury, high-performance EVs. This includes the Lucid Air, a very well-equipped model available from $69,9001, through the Lucid Air Touring, which starts at $87,5001, and the Lucid Air Grand Touring, starting at $131,5001. The Lucid Air lineup features available horsepower… Continue reading Lucid Motors Expands California Studios with New Locations in Century City and San Jose

GM Delivers Income of $4.0 Billion and EBIT-adj. of $5.3 Billion

DETROIT, Nov. 5, 2020 /PRNewswire/ — General Motors Co. (NYSE: GM) today reported third-quarter earnings driven by its agility, and strong and growing franchises. Despite the COVID-19 pandemic, the company continued to invest in its electric vehicle and autonomous vehicle growth initiatives, launched an all-new portfolio of full-size Chevrolet, GMC and Cadillac sport utility vehicles, and… Continue reading GM Delivers Income of $4.0 Billion and EBIT-adj. of $5.3 Billion

The Volvo Group launches green finance framework

GÖTEBORG, Sweden, Nov. 5, 2020 /PRNewswire/ — Volvo Group launches a Green Finance Framework for the financing of investments and projects in the area of clean transportation. The framework is classified as Dark Green by the Center for International Climate and Environmental Research (CICERO Shades of Green). To learn more about how the Volvo Group… Continue reading The Volvo Group launches green finance framework

The Volvo Group commits to the Science Based Targets initiative

GÖTEBORG, Sweden, Nov. 5, 2020 /PRNewswire/ — The Volvo Group is taking the next step in adjusting and future-proofing the company in line with the ambitions of the Paris Climate Agreement. The ambition is that Volvo Group will be a net-zero emissions company by 2050, at the very latest. In order to be transparent on… Continue reading The Volvo Group commits to the Science Based Targets initiative

Volvo Trucks launches a complete range of electric trucks starting in Europe in 2021

Volvo Trucks is now running tests of the electric heavy-duty Volvo FH, Volvo FM and Volvo FMX trucks, which will be used for regional transport and urban construction operations in Europe. These trucks will have a gross combination weight of up to 44 tonnes. Depending on the battery configuration the range could be up to… Continue reading Volvo Trucks launches a complete range of electric trucks starting in Europe in 2021

Veoneer appoints Ray Pekar as Chief Financial Officer

STOCKHOLM, Nov. 4, 2020 /PRNewswire/ — The automotive technology company Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), has announced the appointment of Ray Pekar as Chief Financial Officer, effective March 2021. He first joined Autoliv in 1996 and became Vice President Business Development and Investor Relations for Veoneer upon its spin-off from Autoliv in 2018.… Continue reading Veoneer appoints Ray Pekar as Chief Financial Officer