Category: News Type

January Fleet Sales Fall 48% Month Over Month

January 2022 fleet sales took a backseat to the retail market. Source: Cox Automotive analysis of Bobit data Manufacturers prefer the retail over fleet market for now, with sales into large fleets falling 48% month over month in January to 97,707 units, according to Cox Automotive numbers released Feb. 8. Combined sales into large rental,… Continue reading January Fleet Sales Fall 48% Month Over Month

@Honda: We announced financial results for FY22 3Q

FY2015 Financial Results Presentation (Amendment)[PDF : 794KB] * Summary of consolidated financial results for the fiscal year ended March 31, 2015, released on April 28, 2015, recognizing the effects of subsequent events. Please refer to the underlined items of the attached documents for details of the amendment. Go to Source

China’s New Energy Vehicles market may have crossed a turning point as sales zoom

Premium China’s new-energy vehicle (NEV) industry set records in 2021. The country produced 3.54 million NEVs, including battery-electric cars and plug-in hybrids, and sold 3.52 million of them. Sales were up 181% from 2020 and exceeded the total of the previous three years. In 2021, NEVs made up 15.7 % of the country’s car market.… Continue reading China’s New Energy Vehicles market may have crossed a turning point as sales zoom

Shared mobility company GoTo Global is going public through a shell company merger

GoTo Global, an Israeli mobility company that offers shared micromobility and car-sharing services in Spain, Israel, Malta and Germany, is going public on the Tel Aviv Stock Exchange (TASE) through a merger with shell company Nera Tech Media. The merger is expected to close in early April, which will initially give GoTo access to the… Continue reading Shared mobility company GoTo Global is going public through a shell company merger

Lyft’s revenue growth masks active riders slippage

U.S. ride-hailing company Lyft dropped its fourth-quarter financial results Tuesday, a report that showed a mixed bag of growth — that in the area of active riders failed to meet analysts’ expectations. The public company had Q4 2021 revenues of $969.9 million, up around 70% from its year-ago quarter that was hit hard by the… Continue reading Lyft’s revenue growth masks active riders slippage

project44 Announces Expansion in Japan

“As we continue our international expansion, Japan was a priority,” said Jett McCandless, Founder and CEO of project44, “Japan is a crossroads for transcontinental trade. With our ocean insights, we already have insight into Japanese shipping operations, and it was only natural to expand our presence in the country.”  #1 in Supply Chain Visibility Throughout… Continue reading project44 Announces Expansion in Japan

GM to announce restart of Bolt production as it increases overall EV build

General Motors is expected to announce a restart to 2022 Chevrolet Bolt and Bolt EUV production soon. The automaker is also aggressively accelerating production of other EVs, including the Cadillac Lyriq SUV, this year.  GM is expected to provide an update on restarting production of the Bolt EVs in the next week or so, according to two… Continue reading GM to announce restart of Bolt production as it increases overall EV build

GM’s chip strategy that keeps production running as Ford goes down

A deal with semiconductor chipmakers is keeping General Motors assembly lines in North America rolling, while Ford Motor Co. idles many of its plants for the week. The Detroit Three automakers each face the ongoing shortage of semiconductor chips that are used in many car parts. The shortage has been crippling production across the industry since this time last… Continue reading GM’s chip strategy that keeps production running as Ford goes down