Category: Automotive

@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.

Jaguar Land Rover parent reports June-quarter loss on pandemic hit

FILE PHOTO: A Tata Tigor car is pictured at the assembly line inside the Tata Motors car plant in Sanand, on the outskirts of Ahmedabad, India, August 7, 2018. REUTERS/Amit Dave BENGALURU (Reuters) – India’s Tata Motors Ltd (TAMO.NS) posted a loss for a second straight quarter on Friday, as coronavirus-related lockdowns in several countries… Continue reading Jaguar Land Rover parent reports June-quarter loss on pandemic hit

Fiat Chrysler posts lower-than-expected operating loss in second quarter

FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at the U.S. headquarters in Auburn Hills, Michigan, U.S. May 25, 2018. REUTERS/Rebecca Cook MILAN (Reuters) – Italian American automaker Fiat Chrysler (FCHA.MI) posted a smaller-than-expected operating loss in the second quarter, as it managed to contain negative effects of the COVID-19 pandemic. Fiat Chrysler… Continue reading Fiat Chrysler posts lower-than-expected operating loss in second quarter

Tesla Model 3 looks like rugged electric off-road machine with new kit

Tesla Model 3 can now become a rugged electric off-road machine with a new lift kit with off-road wheels and tires. After Tesla launched the Model X, we saw a surprising number of owners using their electric SUV off-road. It was pretty surprising considering its primarily considered a luxury vehicle starting at $80,000 For example, we… Continue reading Tesla Model 3 looks like rugged electric off-road machine with new kit

@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

Auto Trader looks to automate car sales journey with AutoConvert acquisition

Auto Trader is targeting further automation of the car sales process following the acquisition of finance, insurance and compliance software platform AutoConvert. The AutoConvert platform, which also features integrated customer relationship management solutions, claims to help its customers to both increase finance penetration and to reduce costs by automating the full customer journey for the automotive sector.… Continue reading Auto Trader looks to automate car sales journey with AutoConvert acquisition