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Category: Automotive
@Toyota: 3rd Quarter of Fiscal year ending March 31,2022
Toyota Tsusho announced financial results for 3rd Quarter of Fiscal year ending March 31, 2022. Below are the main items of Consolidated Results based on IFRS. (Unit: Billion yen) FY2020 1-3Q FY2021 1-3Q Change Gross profit 429.3 558.5 +129.2 Operating profit 143.3 227.2 +83.9 Profit before income taxes 150.1 261.0 +110.9 Profit attributable to owners… Continue reading @Toyota: 3rd Quarter of Fiscal year ending March 31,2022
@Toyota: Toyota Research Institute Pushes Vehicle’s Capabilities to Advance Active Safety
Test Car Drifts Autonomously on a Closed Course LOS ALTOS, Calif. (Feb. 2, 2022) — Today, Toyota Research Institute (TRI) demonstrated a new research milestone in autonomy, providing a glimpse into the future of safer mobility for all. As revealed in this video, TRI researchers successfully programmed a vehicle to autonomously drift around obstacles on… Continue reading @Toyota: Toyota Research Institute Pushes Vehicle’s Capabilities to Advance Active Safety
LG Energy CEO takes on China EV battery giant CATL
SEOUL — LG Energy Solution, the battery-making subsidiary of South Korea’s LG Chem, went public last Thursday and ended its first trading day with its stock 68% higher than the initial offering price and a market capitalization of around $97 billion. Go to Source
Ferrari posts record profits as it prepares to set out electric strategy
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Strong Momentum Sets the Foundation for Future Growth. 2022 Guidance on the Trajectory to Reach 2023 Ebitda Target
Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today announces its consolidated preliminary results(1) for the fourth quarter and twelve months ended December 31, 2021. Total shipments of 11,155 units, up 22.3% versus FY 2020 and 10.1% versus FY 2019 Net revenues of Euro 4,271 million, up 23.4% versus prior year and up 13.4% versus… Continue reading Strong Momentum Sets the Foundation for Future Growth. 2022 Guidance on the Trajectory to Reach 2023 Ebitda Target
DENSO Reports Financials for Third Quarter of Fiscal Year, Shares Highlights Around Safety and Sustainability Efforts
KARIYA, Japan, Feb. 2, 2022 /PRNewswire/ — DENSO, a leading mobility supplier, today released its financial results for its third quarter, ending December 31, 2021, for its 2022 fiscal year, ending March 31, 2022. The company also shared updates and progress it has made to advance its Two Great Causes: Green and Peace of Mind. “Everything we are doing… Continue reading DENSO Reports Financials for Third Quarter of Fiscal Year, Shares Highlights Around Safety and Sustainability Efforts
Tesla owners report dozens of instances of ‘phantom braking’
Tesla vehicles are inexplicably slamming on their brakes for no reason, frightening owners and eliciting over 100 complaints to the federal government in the last three months alone, according to The Washington Post. It’s been a persistent issue for the automaker. Last October, Tesla CEO Elon Musk said on Twitter that the company was forced… Continue reading Tesla owners report dozens of instances of ‘phantom braking’
@FCA: Stellantis México reportó en enero ventas de 2, 929 unidades
2 de febrero de 2022 , Ciudad de México – Alfa Romeo Alfa Romeo vendió 6 unidades. Chrysler Chrysler vendió en enero 23 unidades. Chrysler Pacifica registró un crecimiento en ventas de 53% comparado con enero de 2021. Dodge Dodge reportó ventas de 258 unidades. Dodge Charger registró un crecimiento en ventas de 120% respecto a… Continue reading @FCA: Stellantis México reportó en enero ventas de 2, 929 unidades
Toyota Research Institute Pushes Vehicle’s Capabilities to Advance Active Safety
As revealed in this video, TRI researchers successfully programmed a vehicle to autonomously drift around obstacles on a closed track — a world first. Combining a deep knowledge of both vehicle dynamics and control design, TRI’s Nonlinear Model Predictive Control (NMPC) approach extends the vehicle’s operational domain to the very limits of its performance. The… Continue reading Toyota Research Institute Pushes Vehicle’s Capabilities to Advance Active Safety