A record quarter and year support 2020 targets (Stockholm, Sweden, January 30, 2018) – For the three-month period ended December 31, 2017, Autoliv, Inc. (NYSE: ALV and SSE: ALIV.Sdb), the worldwide leader in automotive safety systems, reported record consolidated sales of $2,729 million. Quarterly organic sales* grew by 1.1%. The operating margin was 0.5% and… Continue reading Financial Report October – December 2017
Category: Automotive
Renault-Nissan-Mitsubishi sells 10.6 million vehicles in 2017
Renault-Nissan-Mitsubishi, the world’s leading automotive Alliance, today announced that its member companies sold a combined total of 10,608,366 units in the 12 months to December 31, 2017.
Mazda celebrates 38% increase in profitability for UK car dealer network
Mazda Motors UK has celebrated a 38% average increase in profitability across its UK car dealer network during 2017 – despite falling registrations.
Continental Sensors Lower Engine Emissions
Continental brings its latest innovations in exhaust gas sensor technology to the Chinese market to lower vehicle emissions.
Statistics – Main destinations of EU car exports in 2017
From January to September 2017, EU passenger car exports increased compared to a year ago, both in value (+2.3%) and in volume terms (+4.7%). The…
Autonomous E-Shuttle in Stockholm
The Swedish capital Stockholm is currently driving an autonomous bus. The twelve-seater drives with up to 24 km / h through Stockholm – on a distance of one and a half kilometers. A person who can intervene by means of a joystick drives in for monitoring purposes. A similar concept already exists in many countries,… Continue reading Autonomous E-Shuttle in Stockholm
CEO of Ford’s China operation resigns
Jason Luo (Photo: Ford Motor Company) The chairman and CEO of Ford Motor Co.’s Chinese operations resigned Monday, less than six months after taking over there. Jason Luo resigned for unspecified “personal reasons that predate his time at Ford,” according to Peter Fleet, Ford’s president of the Asia Pacific region. Fleet will take on Luo’s… Continue reading CEO of Ford’s China operation resigns
Electric Vehicle Manufacturer XPENG Motors kicks off RMB 2.2 Billion of Series B Capital Funding with Alibaba, Foxconn and IDG Capital, as Joint-Major Investors
HONG KONG, Jan. 29, 2018 /PRNewswire/ — XPENG Motors on Monday announced at a Hong Kong press conference the kick-off of its Series B capital funding of RMB 2.2 billion, with Alibaba Group, Foxconn and IDG Capital as three major investors. That will bring the total raised by XPENG Motors in capital market to over… Continue reading Electric Vehicle Manufacturer XPENG Motors kicks off RMB 2.2 Billion of Series B Capital Funding with Alibaba, Foxconn and IDG Capital, as Joint-Major Investors
FCA US LLC Set to Deliver Thousands of Chrysler Pacifica Hybrid Minivans to Waymo’s Self-driving Service
AUBURN HILLS, Mich., Jan. 30, 2018 /PRNewswire/ — Expanded delivery of vehicles signifies commitment to support the launch of the world’s first driverless ride-hailing service Vehicle delivery begins in late 2018 with Pacifica Hybrid minivans to be deployed across multiple U.S. cities FCA US LLC announced today an agreement to supply thousands of Chrysler Pacifica… Continue reading FCA US LLC Set to Deliver Thousands of Chrysler Pacifica Hybrid Minivans to Waymo’s Self-driving Service
All-Time Calendar Year Automobile Production Records
Honda Motor Co., Ltd. today announced a summary of automobile production, Japan domestic sales, and export results for the calendar year 2017 as well as for the month of December 2017. Worldwide Production Calendar Year 2017 December 2017 Units vs.’16 Units vs.’16 Japan 817,500 -0.3% 76,758 -1.5% Outside of Japan 4,419,342 *1 +5.8% 351,676… Continue reading All-Time Calendar Year Automobile Production Records