Fisker Ocean at Geneva International Motor Show 2020: Award-Sweeping All-Electric Luxury SUV to Make European Debut

Production is projected to begin in Q4 2021, with high-volume deliveries of the Fisker Ocean targeted to ramp up in 2022. Global and localized supply chains secured across the U.S., Europe and China will result in more than 1 million vehicles projected to be produced between 2022 and 2027. Henrik Fisker, chairman and CEO –… Continue reading Fisker Ocean at Geneva International Motor Show 2020: Award-Sweeping All-Electric Luxury SUV to Make European Debut

FCA UAW-Represented Employees to Receive 2019 Profit Sharing Payments

AUBURN HILLS, Mich., Feb. 6, 2020 /PRNewswire/ — Payment recognizes hourly employees’ contributions to the Company Total U.S. investment grows to more than $14 billion since 2009, with nearly 30,000 jobs created to date Based on the Company’s 2019 financial performance, FCA US LLC announced today that the eligible profit sharing amount of $7,280 will… Continue reading FCA UAW-Represented Employees to Receive 2019 Profit Sharing Payments

Henniges Automotive Celebrates Grand Opening of New European Headquarters

AUBURN HILLS, Mich., Feb. 5, 2020 /PRNewswire/ — Henniges Automotive, a leading global supplier of highly engineered sealing and anti-vibration systems for the automotive market, today commemorated the grand opening of its new European Headquarters and Technical Center in the Czech Republic with a ceremony and tour for customers and dignitaries. The 35,800 square-foot (3,330 square-meter)… Continue reading Henniges Automotive Celebrates Grand Opening of New European Headquarters

VinSolutions Reveals New Capabilities to Better Personalize the Consumer Journey by Unlocking Data Potential

MISSION, Kan., Feb. 5, 2020 /PRNewswire/ — VinSolutions is introducing new personalization capabilities at NADA 2020 that will help dealers unlock data potential to help win customers and drive brand loyalty like never before. As technology adoption increases across industries and generations, consumers have developed a taste for personalization. The car buying journey is no exception,… Continue reading VinSolutions Reveals New Capabilities to Better Personalize the Consumer Journey by Unlocking Data Potential

Veoneer: Financial Report October – December 2019

STOCKHOLM, Feb. 5, 2020 /PRNewswire/ — Financial Summary – Q4’19            Financial results in-line with or better than our expectations            Net Sales $456 million            Net Sales decline 15%, Organic Sales1) decline 14%            Active Safety Net Sales decline 22%, Organic Sales1) decline 20%            Operating cash flow impacted by ~$(30) million of timing effects Outlook – FY’20            Organic… Continue reading Veoneer: Financial Report October – December 2019

ClipperCreek Celebrates Charging Station Milestone

AUBURN, Calif., Feb. 5, 2020 /PRNewswire/ — ClipperCreek recently celebrated the sale of their 90,000th electric vehicle charging station produced and sold at their Auburn, CA manufacturing facility. The unit was an HCS-D40P, a recently released plug-in Dual EV Charging Station. Continue Reading Jason France, ClipperCreek’s President and Founder, reveals the company’s 90,000th EV charging station,… Continue reading ClipperCreek Celebrates Charging Station Milestone

GM Reports Earnings and Provides 2020 Outlook

DETROIT, Feb. 5, 2020 /PRNewswire/ — General Motors Co. (NYSE: GM) today reported solid 2019 full-year earnings that were heavily impacted by a work stoppage in the third and fourth quarters. However, underlying performance remained strong, driven by sales of GM’s all-new full-size pickups and the company’s ongoing cost actions. Full-year 2019 results: EPS-diluted of $4.57… Continue reading GM Reports Earnings and Provides 2020 Outlook

Renault Trucks Signs Historic Agreement With the Carlsberg Group to Deliver 20 Electric Trucks

GÖTEBORG, Sweden, Feb. 5, 2020 /PRNewswire/ — Renault Trucks is taking a critical step in the transformation of urban transport by announcing the signing of a contract with the Carlsberg Group to deliver 20 D Wide Z.E. These 100% electric 26-tonne trucks, which will be delivered in 2020, will be operated by the Feldschlösschen brewery,… Continue reading Renault Trucks Signs Historic Agreement With the Carlsberg Group to Deliver 20 Electric Trucks

ThunderSoft and Didi Chuxing Build Strategic Partnership Focusing on Intelligent Automotive Operating System

BEIJING, Feb. 4, 2020 /PRNewswire/ — ThunderSoft( SZ:300496 ), a world-leading operating system technology provider, and Didi Chuxing (“DiDi”) today announced strategic collaboration to jointly bring superior intelligent automotive operating system products and solutions for automotive manufacturers and Tier1 suppliers. This partnership will largely accelerate the development of Intelligent Connected Vehicle (ICV) with the support of… Continue reading ThunderSoft and Didi Chuxing Build Strategic Partnership Focusing on Intelligent Automotive Operating System

Mitsubishi Motors Reports January 2020 Sales

Sales of Outlander, Mitsubishi’s adventurous and enduring three-row, seven-passenger CUV, were up nearly 66 percent over January of 2019. Sales of the stylish and sporty Eclipse Cross increased more than 35 percent over the January prior. Mitsubishi Motors reported its seventh-straight year of sales increases in 2019, marking a 2.5 percent increase over the year… Continue reading Mitsubishi Motors Reports January 2020 Sales