Category: Official Press Release

Dana Partners with Workhorse Group on City Delivery Vehicle with New Spicer® Electrified™ Integrated Electric Axle

LONG BEACH, Calif., May 1, 2018 /PRNewswire/ — Today at the Advanced Clean Transportation (ACT) Expo, Dana Incorporated (NYSE: DAN) and Workhorse Group Inc. (NASDAQ: WKHS) announced the design, development, and production of a city delivery vehicle featuring Dana’s Spicer® Electrified™ integrated e-Drive axle. Ohio-based Workhorse is a technology company focused on providing sustainable and cost-effective… Continue reading Dana Partners with Workhorse Group on City Delivery Vehicle with New Spicer® Electrified™ Integrated Electric Axle

Hyundai Motor America Reports April 2018 Sales

FOUNTAIN VALLEY, Calif., May 1, 2018 /PRNewswire/ — Hyundai Motor America reported April sales of Hyundai- and Genesis-branded vehicles of 56,063 units, an 11 percent decline in comparison with April 2017. Despite the overall decline there were several significant gains as Hyundai’s SUV family continues to set records. For the second consecutive month, Hyundai set an… Continue reading Hyundai Motor America Reports April 2018 Sales

Porsche U.S. April Sales Beat All-Time Record

ATLANTA, May 1, 2018 /PRNewswire/ — Porsche Cars North America, Inc. (PCNA), importer and distributor of the Porsche 911, 718 Boxster and Cayman, Panamera, Cayenne, and Macan model lines, today announced April 2018 sales of 5,570 vehicles. This represents a new all-time one-month retail record for Porsche sales in the U.S., surpassing the previous all-time high… Continue reading Porsche U.S. April Sales Beat All-Time Record

American Honda Reports April Sales Results

Core models Civic and CR-V remain strong with sales over 28,000 units Honda Odyssey continues to cement sales leadership in minivan segment with 21% gain Honda Pilot sales jump again in April, rising 22% Acura RDX sales increase 10.8% in April, as introduction of all-new 2019 model approaches American Honda Total 125,701 -9.2% Cars 59,456… Continue reading American Honda Reports April Sales Results

Mobility around the world — Acquisitions, Investments and IPOs

Mobility around the world — Acquisitions, Investments and IPOs Before we publish here, we publish on our website. Check out the most important mobility news globally on a weekly basis. This is what happened last week: BlaBlaCar buys “Less” for undisclosed amount French startup BalBlaCar acquires another French carpooling platform for an undisclosed amount. The younger company “Less” focuses… Continue reading Mobility around the world — Acquisitions, Investments and IPOs

Continental: Free Trade Is a Necessity for Affordable Mobility for All

Automated driving, robot taxis, artificial intelligence, cyber security: Continental is holistically paving the way for the mobility of the future Electric motors vs. combustion engines: CEO Dr. Elmar Degenhart warns against the policy of “forcing solutions that are not economically viable” at the Annual Shareholders’ Meeting of the DAX company Total sales have grown more… Continue reading Continental: Free Trade Is a Necessity for Affordable Mobility for All

Toyota Motor North America Reports April 2018 Sales

PLANO, Texas, May 1, 2018 /PRNewswire/ — Toyota Motor North America (TMNA) today reported April 2018 sales of 192,348 vehicles, a decrease of 4.7 percent from April 2017 on a volume basis. With two less selling days in April 2018 compared to April 2017, sales were up 3.2 percent on a daily selling rate (DSR) basis. … Continue reading Toyota Motor North America Reports April 2018 Sales

Nissan: Nissan Group reports April 2018 U.S. sales

 April 2018 April 2017 % Change Nissan Group Total sales (units) 87,764 121,998 -28.1 Nissan Division sales 78,804 111,201 -29.1 INFINITI sales* 8,960 10,797 -17 NASHVILLE, Tenn. – Nissan Group today announced total U.S. sales for April 2018 of 87,764 units, a decrease of 28% compared to the previous year. Nissan highlights: Nissan LEAF all-electric… Continue reading Nissan: Nissan Group reports April 2018 U.S. sales