Category: Automotive

Porsche and Michelin on a performance mission at Goodwood with tyres that contain 53% sustainable materials

Porsche and Michelin on a performance mission at Goodwood with tyres that contain 53% sustainable materials The new, fully-electric Porsche 718 Cayman GT4 ePerformance will be out to showcase its potential at 2022 Goodwood Festival of Speed on Michelin tires that contain 53% sustainable materials. At last August’s Le Mans 24 Hours, Michelin revealed the… Continue reading Porsche and Michelin on a performance mission at Goodwood with tyres that contain 53% sustainable materials

Tesla’s fast cash: EV maker nips at heels of profit leader Toyota

TOKYO — Tesla is accelerating its timeline for turning cash into product and back to cash, giving the company a rare opportunity to commit more resources for investments into its future. The strategy already appears to be paying off. Tesla’s net profit increased more than sevenfold on the year in the January-March quarter to $3.3 billion, not far behind Toyota’s… Continue reading Tesla’s fast cash: EV maker nips at heels of profit leader Toyota

Honda, peers to ride 20 motorcycles off into the sunset this year

TOKYO — Honda Motor and three Japanese rivals plan to discontinue about 20 motorcycle models by the end of this year, Nikkei has learned, in response to tougher emissions standards to be implemented in Japan in the fall. The retired motorbikes represent 10% of the roughly 190 models available from Honda, Yamaha Motor, Suzuki Motor and Kawasaki… Continue reading Honda, peers to ride 20 motorcycles off into the sunset this year

Lausitzring is being expanded for autonomous driving

The Lausitzring is being expanded by Dekra with new test areas for autonomous driving. The testing of autonomous driving consists of three pillars – in the simulation, in demarcated areas and in local public transport. Most of the time that happens test procedure in that order, using simulations over and over again. Of the Lausitzring… Continue reading Lausitzring is being expanded for autonomous driving

@Ford: Ford Speeds Toward All-Electric, Connected Future in Europe; Chooses Valencia Plant, Spain, for Next-Gen EV Architecture

Ford takes next step in its transformation; selects Valencia plant as best positioned to produce vehicles based on a next-generation electric vehicle architecture Ford reiterates its commitment to Germany with a $2 billion investment in a state-of-the-art electric vehicle center in Cologne, where production will start in late 2023 Advances Ford’s goal to achieve zero… Continue reading @Ford: Ford Speeds Toward All-Electric, Connected Future in Europe; Chooses Valencia Plant, Spain, for Next-Gen EV Architecture

Autoliv (ALV) Pops More Than 9% in Tuesday’s Trading: Know Why

Shares of Autoliv Inc. ALV shot up 9.23% yesterday to close the session at $75.42 after the company reiterated its 2022 guidance despite the multiple industry woes. This Stockholm-based supplier of automotive safety systems notified that it is actively making efforts to adapt to new business conditions. Investors seemingly welcomed the fact that the firm is making… Continue reading Autoliv (ALV) Pops More Than 9% in Tuesday’s Trading: Know Why

The past five years for Adient (NYSE:ADNT) investors has not been profitable

The main aim of stock picking is to find the market-beating stocks. But even the best stock picker will only win with some selections. At this point some shareholders may be questioning their investment in Adient plc (NYSE:ADNT), since the last five years saw the share price fall 51%. And some of the more recent… Continue reading The past five years for Adient (NYSE:ADNT) investors has not been profitable

Market Sell-Off: 3 Growth Stocks Down 70% (or More) to Buy Now

Reuters Exclusive-Franchise Group in talks to keep Kohl’s management team after a sale-sources BOSTON (Reuters) -Franchise Group, the preferred bidder to acquire Kohl’s, is in discussions to keep the retailer’s top management team, including CEO Michelle Gass, if the planned sale is finalized, three sources familiar with the matter said. Franchise Group, which owns brands… Continue reading Market Sell-Off: 3 Growth Stocks Down 70% (or More) to Buy Now