New Bugatti to be unveiled next week, could be electric

Bugatti is building up to launch a new model and has confirmed the date of its unveiling as 28 October.  The French hypercar brand is being especially cryptic in the lead-up to the covers coming off the new car. The only official image of it is a rear view of some X-shaped LED rear light strips, a… Continue reading New Bugatti to be unveiled next week, could be electric

Faurecia: Q3 sales significantly better than previously expected – H2 guidance upgraded

Nanterre (France), October 23, 2020 THIRD-QUARTER 2020 SALES Q3 SALES SIGNIFICANTLY BETTER THAN PREVIOUSLY EXPECTED H2 GUIDANCE UPGRADED In €m Q3 2019 Q3 2020 Change 9m 2019 9m 2020 Change Group sales 4,185 3,874 -7.4% 13,157 10,043 -23.7% At constant scope and currencies -7.0% -26.4% Q3 SALES SIGNIFICANTLY BETTER THAN PREVIOUSLY EXPECTED Strong sequential improvement… Continue reading Faurecia: Q3 sales significantly better than previously expected – H2 guidance upgraded

FCA Celebrates Top Supplier Partners Across 19 Categories at 2020 Annual Supplier Conference and Awards

“The transformational changes we made in 2019 built a strong foundation for the wave of product launches coming out of FCA, and today we spotlighted those suppliers who took their work to the next level,” said Martin Horneck, Head of Purchasing and Supply Chain Management, FCA – North America. “These are the ‘best of the… Continue reading FCA Celebrates Top Supplier Partners Across 19 Categories at 2020 Annual Supplier Conference and Awards

@FCA: FCA Celebrates Top Supplier Partners Across 19 Categories at 2020 Annual Supplier Conference and Awards

FCA Celebrates Top Supplier Partners Across 19 Categories at 2020 Annual Supplier Conference and Awards October 23, 2020 , Auburn Hills, Mich. – FCA honored 31 supplier partners across 19 categories today during the virtual 2020 North America Annual Supplier Conference and Awards program. The Supplier of the Year awards recognize companies that have shown exceptional… Continue reading @FCA: FCA Celebrates Top Supplier Partners Across 19 Categories at 2020 Annual Supplier Conference and Awards

Tesla is recalling 30,000 Model S and X cars in China over suspension problems

Tesla is recalling around 30,000 Model S and X vehicles in China, the country’s State Administration for Market Regulation said Friday. Tesla issued the recall because of two different suspension defects, but some vehicles may have both, regulators said. The recall impacts the bulk of imported Model S and Model X cars made between September… Continue reading Tesla is recalling 30,000 Model S and X cars in China over suspension problems

EV Charge Holding Limited obtient 15 millions d’euros de GEM

ZHENGZHOU, Chine, 23 octobre 2020 /PRNewswire/ — EV Charge Holding Ltd. (« EV Charge »), une entreprise proposant des solutions de recharge électrique constituée en vertu des lois du Royaume-Uni et dont le siège social est situé au 20-22, Wenlock Road, à Londres, en Angleterre (N1 7GU), a annoncé avoir signé un accord avec GEM Global Yield LLC SCS (« GEM »), le groupe d’investissement privé non traditionnel basé au… Continue reading EV Charge Holding Limited obtient 15 millions d’euros de GEM

MAHLE to take over Keihin’s air-con business in Japan, Thailand and US

MAHLE is taking over the air-conditioning business of the Keihin Corporation (Japan) in Japan, Thailand, and the USA. A corresponding purchase agreement has been signed. With this step, MAHLE is strengthening its global footprint in air-conditioning technology and improving its market access, particularly in Japan and Southeast Asia. Air-conditioning systems are included in MAHLE’s strategic future… Continue reading MAHLE to take over Keihin’s air-con business in Japan, Thailand and US

@Renault: GROUPE RENAULT: Quarterly information Q3 2020000111

PRESS RELEASE #RenaultResults                                                                           Revenues of €10,374 million in the third quarter of 2020Group revenues reached €10,374 million (-8.2%) in the quarter. At constant exchange rates and perimeter1, the decrease would have been -3.2%.The Group sold 806,320 vehicles in the third quarter, down 6.1%.September showed a positive momentum, particularly marked in Europe, where Group’s sales were up 8%… Continue reading @Renault: GROUPE RENAULT: Quarterly information Q3 2020000111

@Renault: Revenues of €10,374 million in the third quarter…000110

  Luca de Meo, CEO of Renault, declared: This third quarter highlights the change in our commercial policy, which now focuses on profitability rather than volumes. Our EV performance, our E-TECH hybrid models which have been very well received, our liquidity reserves and our positive spirit give us confidence in the Group’s ability to start… Continue reading @Renault: Revenues of €10,374 million in the third quarter…000110

Tesla is recalling almost all Model S/Model X sent to China over suspension issue

Tesla is issuing a recall on close to 30,000 Model S and Model X vehicles sent to China, the bulk of those models exported to the country, over an issue with its suspension. China’s State Administration for Market Regulation made the announcement earlier today. The government says that it affects 29,193 vehicles produced by Tesla: “Part… Continue reading Tesla is recalling almost all Model S/Model X sent to China over suspension issue