STOCKHOLM, April 23, 2021 /PRNewswire/ — (NYSE: ALV) (SSE: ALIV.sdb) Q1 2021: Good progress in sales, profits, balance sheet Financial highlights Q1 2021 $2,242m net sales 17.9% organic sales growth* 10.6% operating margin 10.6% adjusted operating margin* $1.79 EPS – an increase of 108% $1.79 adjusted EPS* – an increase of 103% Full year 2021 indications Around 23% net sales growth… Continue reading Autoliv’s Q1 2021 Financial Report January – March 2021
Author: PR Newswire Online News
Karma Automotive Announces New Dealer Partner In Seattle, Washington
“We’re proud to have Park Place Motors join the Karma dealership network and introduce the Karma brand to our local customers,” said David Bingham, the CEO of Park Place Motors Ltd. “Adding Karma to our lineup of luxury automotive brands, while also providing the best levels of customer service, is consistent with what our customers… Continue reading Karma Automotive Announces New Dealer Partner In Seattle, Washington
Executive Chairman Tony Aquila Also Named CEO of Canoo to Lead Next Phase of Company’s Growth
LOS ANGELES, April 22, 2021 /PRNewswire/ — Canoo (Nasdaq: GOEV) (“Canoo” or the “Company”), today announced the appointment of Tony Aquila, its Executive Chairman and one of the Company’s largest investors, to the added role of Chief Executive Officer. In this position, Mr. Aquila will lead the Company in its focused strategy of bringing the… Continue reading Executive Chairman Tony Aquila Also Named CEO of Canoo to Lead Next Phase of Company’s Growth
Volta and Macy’s Expand Electric Vehicle Charging Stations
In 2014, Volta and Macy’s kicked off a partnership that has exceeded expectations by all measures. Over the past seven years, Macy’s and Volta have powered more than 7.6 million miles with zero tailpipe emissions. The partnership has further offset an estimated 3.4 million pounds of CO2 emissions, delivered 2.2 million kWh and saved 305,100… Continue reading Volta and Macy’s Expand Electric Vehicle Charging Stations
Veoneer, emotion3D and AVL develop personalized restraint control technology – a new level of automotive safety
STOCKHOLM, April 22, 2021 /PRNewswire/ — The automotive technology company Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), emotion3D, a leading pioneer in camera-based in-cabin monitoring software solutions, and AVL, a global leader in automotive development, testing and simulation, today announced their collaboration to develop the world’s first personalized and situation-aware restraint control technology system. Current… Continue reading Veoneer, emotion3D and AVL develop personalized restraint control technology – a new level of automotive safety
Volvo Group – the first quarter 2021
GOTHENBURG, Sweden, April 22, 2021 /PRNewswire/ — “The first quarter of 2021 was characterized by high activity among our customers, which was reflected in good demand for both new products and services. Compared with the first quarter of 2020, our net sales increased by 3% to SEK 94.0 billion. The good sales volumes, not least… Continue reading Volvo Group – the first quarter 2021
Hankook Tire Supplies Original Equipment for 2021 Porsche 718 Models
“Porsche stands for particularly high-performance sports cars, delivering a high level of driving pleasure and, at the same time, full suitability for everyday use. However, this also makes tire development very complex,” says Sanghoon Lee, President of Hankook Tire Europe. “We are therefore very pleased with this original equipment, as it demonstrates the impressive performance… Continue reading Hankook Tire Supplies Original Equipment for 2021 Porsche 718 Models
Leading Automotive Software Companies Autofutura and GForces Merge
The new group, backed by Inflexion Private Equity, sees the combination of Autofutura, the global, data-driven business intelligence provider, with market leading automotive e-commerce and omnichannel supplier, GForces. It also benefits from the expertise of the recently acquired Chrysalis Loyalty business, now an integral part of Autofutura. The first of its kind in the industry,… Continue reading Leading Automotive Software Companies Autofutura and GForces Merge
SVOLT Launches the First Innovation Day at the Shanghai Auto Show, Backed with Industry Fund of 2 Billion Yuan
Mr. Yang Hongxin, Chairman and CEO of SVOLT, announces the strategy 2.0 of brand upgrade. The strategic layout of the enterprise will be more systematic, the implantation applies to passenger vehicles, commercial vehicles, light vehicles, as well as energy storage. The product categories will continuously increase and the market will keep expanding and become more… Continue reading SVOLT Launches the First Innovation Day at the Shanghai Auto Show, Backed with Industry Fund of 2 Billion Yuan
Technology Start-ups in Electric 3W are looking to manufacture an Alternate Eco-Friendly Mobility Option at a Cheaper Running Cost Expected to Drive the Electric 3W Market in India: Ken Research
GURUGRAM, India, April 19, 2021 /PRNewswire/ — Key Findings Electric 3 Wheelers accounted for only about 1% of the 2.8 lakh electric vehicles that availed purchase subsidies through Phase-1 of the Faster Adoption and Manufacturing of Electric Vehicles (FAME-I) scheme between April 2015-March 2019. Amazon plans to add 10,000 electric rickshaws to its delivery fleet… Continue reading Technology Start-ups in Electric 3W are looking to manufacture an Alternate Eco-Friendly Mobility Option at a Cheaper Running Cost Expected to Drive the Electric 3W Market in India: Ken Research