MILAN (Reuters) – A small profit in North America helped Fiat Chrysler Automobiles (FCA) to limit losses from the COVID-19 crisis in its second quarter, and the automaker forecast a “much, much better second half” ahead of its planned 2021 merger with France’s PSA Group. FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen… Continue reading Fiat Chrysler limits COVID losses, sees much better second half
Category: Automotive
GOODYEAR REPORTS SECOND QUARTER, FIRST HALF 2020 RESULTSJul 31, 2020AKRON, Ohio, July 31, 2020 – The Goodyear Tire & Rubber Company today reported res…
– First half results significantly affected by COVID-19 pandemic – Second quarter cash flow significantly better than expected – Strong cash and liquidity position maintained; $3.9 billion available at quarter end – Volume trends in key markets improved throughout the second quarter; China consumer replacement volume increased year-over-year in both May and June – Phased… Continue reading GOODYEAR REPORTS SECOND QUARTER, FIRST HALF 2020 RESULTSJul 31, 2020AKRON, Ohio, July 31, 2020 – The Goodyear Tire & Rubber Company today reported res…
‘Jetson Bill’ Will Help Samson Flying Car Share the Road
REDMOND, Ore., July 31, 2020 /PRNewswire/ — The Samson Sky Switchblade and other new flying cars were given a big assist when New Hampshire Governor, Chris Sununu, gave his signature to what has been nicknamed the Jetson Bill, along with other transportation legislation included in a large transportation package passed just recently. Continue Reading Flying Cars… Continue reading ‘Jetson Bill’ Will Help Samson Flying Car Share the Road
AAM Reports Second Quarter 2020 Financial Results
DETROIT, July 31, 2020 /PRNewswire/ — American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the second quarter 2020. Second Quarter 2020 Results Sales of $515.3 million Net loss attributable to AAM of $(213.2) million, or (41.4)% of sales Adjusted EBITDA of $(52.1) million, or (10.1)% of sales Diluted loss… Continue reading AAM Reports Second Quarter 2020 Financial Results
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
Ampere Electric partners with OTO Capital for vehicle leasing plans
An Ampere Zeal model that would cost Rs 3,020 using other financial means can now be availed at an OMI (Ownership Monthly Instalment) of Rs 2,220. New Delhi: Ampere Vehicles, a wholly-owned electric mobility subsidiary of Greaves Cotton Ltd, on Friday announced its partnership with OTO Capital to offer vehicle leasing plans for buyers. As… Continue reading Ampere Electric partners with OTO Capital for vehicle leasing plans
North America helps Fiat Chrysler to limit COVID losses
MILAN/DETROIT (Reuters) – Italian-American automaker Fiat Chrysler Automobiles (FCA) posted a smaller-than-expected operating loss in the second quarter, as a small profit in North America helped to limit the damage wrought by the COVID-19 pandemic. FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at the U.S. headquarters in Auburn Hills, Michigan, U.S. May… Continue reading North America helps Fiat Chrysler to limit COVID losses
See Six-Wheel Tesla Cybertruck With Massive Solar Array On Demand
Recently we saw a cool animation of a six-wheel version of the Tesla Cybertruck with a fold-out solar array in the back. It was created by Slave’ Popovski, who said that the entire solar system with six panels is about 27 m2, which should provide 5 kW, maybe even 7 kW of power on a… Continue reading See Six-Wheel Tesla Cybertruck With Massive Solar Array On Demand
More On The Awesome Purple Tesla Model 3 In Video Game Form
his article comes to us courtesy of EVANNEX, which makes and sells aftermarket Tesla accessories. The opinions expressed therein are not necessarily our own at InsideEVs, nor have we been paid by EVANNEX to publish these articles. We find the company’s perspective as an aftermarket supplier of Tesla accessories interesting and are willing to share its content free… Continue reading More On The Awesome Purple Tesla Model 3 In Video Game Form
ZF Strengthens Electrified Driveline Branch To Focus On BEVs/PHEVs
2020-Jul-29 New division and change in ZF’s Board of Management: E-mobility strengthened as one of ZF’s core businesses Supervisory Board approves the foundation of a new division for electrified drivelines for passenger cars Michael Hankel retires after 17 years at ZF at the end of 2020 Stephan von Schuckmann appointed to the Board of Management… Continue reading ZF Strengthens Electrified Driveline Branch To Focus On BEVs/PHEVs