Category: Official Press Release

GROUPE RENAULT: QUARTERLY INFORMATION AT MARCH 31, 2021

PRESS RELEASE #RenaultResults First quarter revenues supported by price discipline in a still disturbed environment due to the pandemic Group revenues reached €10 billion (-1.1%) in the first quarter of 2021. At constant exchange rates1, revenues would have been up 4.4%. Automotive excluding AVTOVAZ revenues were stable at €8.6 billion. The highlight of the quarter… Continue reading GROUPE RENAULT: QUARTERLY INFORMATION AT MARCH 31, 2021

Nidec Announces Financial Results for Fiscal Year Ended March 31, 2021

KYOTO, Japan, April 22, 2021 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594) (OTC US: NJDCY) today announced its consolidated financial results under the International Financial Reporting Standards (“IFRS”) for the fiscal year ended March 31, 2021. The highlights are as follows: Net sales stood at a record high of ¥1,618.1 billion, 5.4% higher Y/Y. Operating… Continue reading Nidec Announces Financial Results for Fiscal Year Ended March 31, 2021

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

@Renault: GROUPE RENAULT: QUARTERLY INFORMATION AT MARCH 31, 2021000210

PRESS RELEASE #RenaultResults First quarter revenues supported by price discipline in a still disturbed environment due to the pandemic Group revenues reached €10 billion (-1.1%) in the first quarter of 2021. At constant exchange rates1, revenues would have been up 4.4%. Automotive excluding AVTOVAZ revenues were stable at €8.6 billion. The highlight of the quarter… Continue reading @Renault: GROUPE RENAULT: QUARTERLY INFORMATION AT MARCH 31, 2021000210

Magna Commits to Carbon Neutrality in Global Operations by 2030

Targeting carbon neutrality in European operations by 2025, globally by 2030 Science-based approach aligns with objectives of Paris Climate Accord Company signs-on as founding sponsor of XPrize Abundant Energy Alliance AURORA, Ontario, April 22, 2021 (GLOBE NEWSWIRE) — Magna enters a new era in the company’s sustainability journey with its announcement to achieve carbon neutrality… Continue reading Magna Commits to Carbon Neutrality in Global Operations by 2030

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

@Honda: ALL-NEW HR-V: EFFICIENT AND RESPONSIVE PERFORMANCE DELIVERED BY PROVEN HONDA e:HEV TECHNOLOGIES

Minimalist, coupe-inspired style follows Honda’s modern design philosophy Next-generation HR-V features Honda’s powerful and efficient e:HEV two-motor hybrid powertrain as standard Upgraded platform with clever packaging maximises interior space Compact SUV represents another step in Honda’s commitment to electrify all its mainstream models in Europe by 2022 The all-new HR-V e:HEV is powered by Honda’s… Continue reading @Honda: ALL-NEW HR-V: EFFICIENT AND RESPONSIVE PERFORMANCE DELIVERED BY PROVEN HONDA e:HEV TECHNOLOGIES

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