Goodyear Reports Second Quarter, First Half 2020 Results

AKRON, Ohio, July 31, 2020 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) today reported results for the second quarter and first half of 2020. “Although our first half results were greatly affected by difficult industry conditions as a result of the ongoing COVID-19 pandemic, the decisive actions we took to safeguard our business… Continue reading Goodyear Reports Second Quarter, First Half 2020 Results

@Tata-JLR: JAGUAR LAND ROVER REPORTS FIRST QUARTER RESULTS FOR FISCAL 2020/21

Jaguar Land Rover is the UK’s largest automotive manufacturer, built around two iconic British car brands. Land Rover is the world’s leading manufacturer of premium all-wheel-drive vehicles. Jaguar is one of the world’s premier luxury marques, as well as being the first ever brand to offer a premium all-electric performance SUV, the Jaguar I-PACE. At… Continue reading @Tata-JLR: JAGUAR LAND ROVER REPORTS FIRST QUARTER RESULTS FOR FISCAL 2020/21

@FCA: FCA N.V. 2020 Second Quarter Results.

Following is a summary of the “FCA N.V. Q2 2020 RESULTS” press release. A PDF of the complete press release is attached to this email. The document is also available in the media section of the FCA corporate website:https://www.fcagroup.com/it-it/pages/home.aspxFCA contains Q2 COVID-19 impact with Net loss from continuing operations and Adjusted net loss both of… Continue reading @FCA: FCA N.V. 2020 Second Quarter Results.

@Mazda: Mazda forecasts continued global sales recovery

The Mazda Motor Corporation today announced its first quarter financial and sales results, reporting global sales of 244,000 vehicles during the period 1 April to 30 June 2020. In most regions, the COVID-19 pandemic continued to have a substantial impact on our results. In Europe*, first quarter sales were down 58% year on year to… Continue reading @Mazda: Mazda forecasts continued global sales recovery

CATL to supply batteries to Trailer Dynamics to accelerate road transport electrification in Europe

NINGDE, China, July 31, 2020 /PRNewswire/ — Contemporary Amperex Technology Co. Limited (CATL) <300750.SZ> and Trailer Dynamics GmbH (Trailer Dynamics) have signed a battery supply agreement for a new way to electrify long-haul trucks. According to the agreement, CATL will develop, manufacture, and supply batteries for the Newton eTrailer, which will launch in 2023 to… Continue reading CATL to supply batteries to Trailer Dynamics to accelerate road transport electrification in Europe

@VW Group: TRATON GROUP sees first signs of business recovery in third quarter

The TRATON GROUP recorded lower unit sales, sales revenue, and earnings in the first six months of 2020 in the wake of the expected market downturn in Europe and the significant impact of the global COVID-19 pandemic. Unit sales recorded by the three brands Scania, MAN and Volkswagen Caminhões e Ônibus from January to June… Continue reading @VW Group: TRATON GROUP sees first signs of business recovery in third quarter

@VW Group: Volkswagen brand with effective crisis management in the first half of the year

Business at the Volkswagen Passenger Cars brand was significantly impacted by the global Covid-19 pandemic in the first half of 2020. However, effective countermeasures reduced the impact of the crisis. Through strict cost management the brand substantially reduced its general overhead costs, expenditures for research and development and capex year-on-year. In addition, production was strictly… Continue reading @VW Group: Volkswagen brand with effective crisis management in the first half of the year

Quarantines Crushed Urban Mobility. Technology Can Bring It Back

Global quarantines have crushed public and private transportation businesses. Stay-at-home orders caused demand to disappear overnight. Worries over contamination suggest a dark future for mass transit and private hire services alike — the cleanliness of the vehicles and the health of fellow passengers, drivers, and staff are likely to slow a return to anything near the pre-virus… Continue reading Quarantines Crushed Urban Mobility. Technology Can Bring It Back