July 28th, 2021 Nissan contributes €173 million for second quarter 2021 to Renault Group’s earnings Nissan released today its results for the first quarter of fiscal year 2021/2022 (April 1st, 2021 to March 31st, 2022). Nissan’s results, published in Japanese accounting standards, for the first quarter of fiscal year 2021/2022 (April 1st to June 30th,… Continue reading @Renault: RENAULT GROUP: Nissan contribution to Renault’s Q2 2021 earnings000264
Category: Automotive
LG and Magna Sign Joint Venture Agreement and Announce Leadership Team
SEOUL, South Korea and AURORA, Ontario, July 28, 2021 (GLOBE NEWSWIRE) — LG Electronics (LG) and Magna International Inc. (Magna) today signed the transaction agreement which establishes a joint venture between the two companies. The new company, to be called LG Magna e-Powertrain, is headquartered in Incheon, South Korea and will be led by a… Continue reading LG and Magna Sign Joint Venture Agreement and Announce Leadership Team
This Is Italy’s Latest Carbon-Fiber Track Toy – CarBuzz
ATS Corsa reveals hardcore RR Turbo Serie Carbonio. If you want a dual-purpose sports car that is road legal but also a joy to drive on the track, you aren’t short of options. Gems like the Honda Civic Type R, Mazda MX-5 Miata, and Porsche 718 Cayman GT4 are all great examples to suit different… Continue reading This Is Italy’s Latest Carbon-Fiber Track Toy – CarBuzz
Boldmen CR4 is a BMW Z4 with Wiesmann DNA – SlashGear
Have you heard of German automaker Wiesmann? Founded by brothers Martin and Friedhelm Wiesmann in 1988, the company went bust in 2014 after building a small number of retro-inspired convertibles powered by BMW engines. However, Friedhelm Wiesmann is still active in creating new cars. After teaming up with brothers Harald and Michael Käs, the trio… Continue reading Boldmen CR4 is a BMW Z4 with Wiesmann DNA – SlashGear
Dutch electric vehicle charging group to list through Apollo-backed Spac deal
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Tesla (TSLA) launches major shift in retail strategy: cheaper locations, remote working, and more
Tesla (TSLA) is currently implementing a major shift in its retail strategy, according to sources familiar with the matter. The automaker will move away from showrooms in fancy malls, and instead it will focus on cheaper locations, remote managing of test drive fleet, and delivery centers. Tesla’s confusing retail strategies Since Tesla doesn’t use the… Continue reading Tesla (TSLA) launches major shift in retail strategy: cheaper locations, remote working, and more
Samsung SDI records the highest performance in 2nd quarter… Full-scale start-up of electric vehicle battery surplus
<Samsung SDI Hungary corporation view Photo=Electronic TimesDB> Samsung SDI, which is about to supply batteries for next-generation electric vehicles, achieved record-breaking results in both sales and operating profit in the second quarter. Sales exceeded 3.3 trillion KRW, the highest ever, and operating profit also achieved positive results as the electric vehicle battery business turned into… Continue reading Samsung SDI records the highest performance in 2nd quarter… Full-scale start-up of electric vehicle battery surplus
@Geely: Geely Auto Establishes Global Strategic Partnership with Inchcape
Geely Auto and Inchcape to jointly explore Business Expansion in South America Initial focus on Chilean market with subsequent markets to be explored in due course. 2021 July 26th, Hangzhou, China/London, UK. China’s leading privately owned car brand, Geely Auto and the world’s largest independent automotive retailer, Inchcape Group, formally established a global strategic partnership… Continue reading @Geely: Geely Auto Establishes Global Strategic Partnership with Inchcape
Rivian reportedly plans to invest $5 billion in its second US assembly plant
Last week, news leaked out that Rivian was planning to build a second US manufacturing plant for its electric vehicles and batteries, and now more details have leaked out. The company plans to invest $5 billion initially in the second plant, dubbed Project Tera, with construction slated to start in the fall of 2021, according… Continue reading Rivian reportedly plans to invest $5 billion in its second US assembly plant
Free2Move Launches Monthly Subscription Service in D.C.
Free2Move’s new on-demand car rental service is available through an app. The service launches in Washington, D.C. with a fleet of Jeep Renegades. Image: Free2Move Free2Move launched a new Car On Demand service in Washington, D.C. This month-to-month subscription program can be accessed through the Free2Move app. The solution adds to the company’s portfolio of… Continue reading Free2Move Launches Monthly Subscription Service in D.C.