FILE PHOTO: Aston Martin Lagonda cars are parked outside the new factory at Saint Athan, Wales, Britain December 6, 2019. REUTERS/Rebecca Naden (Reuters) – A top Aston Martin (AML.L) shareholder cut its stake in the British carmaker by nearly 5%, a regulatory filing showed on Monday. Italian private-equity firm Investindustrial Advisors Ltd disclosed a stake… Continue reading Major Aston Martin shareholder cuts stake in British carmaker
Category: Automotive
Edited Transcript of KBX.DE earnings conference call or presentation 28-May-20 11:00am GMT
Q1 2020 Knorr Bremse AG Earnings Call Jun 1, 2020 (Thomson StreetEvents) — Edited Transcript of Knorr Bremse AG earnings conference call or presentation Thursday, May 28, 2020 at 11:00:00am GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Anders Tormod Skole-Sørensen Matas A/S – CFO * Gregers Christian Wedell-Wedellsborg Matas A/S – CEO… Continue reading Edited Transcript of KBX.DE earnings conference call or presentation 28-May-20 11:00am GMT
GAC Motor entrega 550.000 máscaras fabricadas pela GAC a parceiros internacionais de distribuição em 26 países
A GAC Motor recebeu forte apoio de funcionários e parceiros do exterior ao apoiar a prevenção e o controle da COVID-19 na China em um estágio prévio da epidemia. No final de fevereiro, o GAC Group, empresa mãe da GAC Motor, transformou e criou linhas de produção de máscaras para prevenção e controle de longo… Continue reading GAC Motor entrega 550.000 máscaras fabricadas pela GAC a parceiros internacionais de distribuição em 26 países
Fiat Chrysler to list robot-making business after PSA merger
FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is at the U.S. headquarters in Auburn Hills, Michigan, U.S. May 25, 2018. REUTERS/Rebecca Cook/File Photo MILAN (Reuters) – Fiat Chrysler (FCA) (FCHA.MI) said it planned to list robot making business, giving more detail on Monday about the future of Turin-based Comau, which it already planned to… Continue reading Fiat Chrysler to list robot-making business after PSA merger
@Hyundai: Kia Motors announces global sales for May 2020
Sales in May total 160,913 units, down 32.7 percent y/y Domestic sales increase 19 percent y/y, to 51,181 units Overseas sales declined 44 percent y/y, to 109,732 units Kia Motors Corporation recorded total sales of 160,913 units in May 2020, a 32.7 percent decrease from the same period last year. Globally, the Sportage SUV topped… Continue reading @Hyundai: Kia Motors announces global sales for May 2020
@Geely: LEVC protects and prepares for production restart
London Electric Vehicle Company (LEVC) begins a phased return to work on the 8th June at its Ansty manufacturing facility. As the company re-starts production of its TX electric taxi and moves into the next prototype phase of VN5 electric van build, a new way of working has been implemented at Ansty. More than 100… Continue reading @Geely: LEVC protects and prepares for production restart
Valencia-based Zeleros raises €7 million to lead the development of hyperloop in Europe
The Spanish startup Zeleros Hyperloop has just completed a financing round worth more than €7 million. Founded in 2016, the young company starts a new and important phase in the development of its unique version of hyperloop, the “fifth mode of transport”, the best alternative for the future to connect efficiently and sustainably long-distance routes for passenger and cargo transportation. Connections like Paris to Berlin could be reduced to less than an hour.
The fresh capital comes from Altran, Grupo Red Eléctrica and also strategic investors at national and international level, including among others Goldacre Ventures (UK), Road Ventures (Switzerland), Plug and Play (USA), and the Spanish Angels Capital and MBHA. The new funds will be used to impulse further development of Zeleros’ hyperloop vehicle and its core technologies, which place them as the best alternative to cover efficiently routes between 400 and 1,500 kilometers in distance, with special benefits such as the reduction..
Opel to add PSA model to Ruesselsheim production: Handelsblatt
The logo of a German car manufacturer Opel is seen at a branch in Herisau, Switzerland October 16, 2018. REUTERS/Arnd Wiegmann FRANKFURT (Reuters) – German automaker Opel is planning to start manufacturing a compact car for French parent PSA at its main Ruesselsheim plant from mid-2021 onwards, German business daily Handelsblatt reported, citing company sources.… Continue reading Opel to add PSA model to Ruesselsheim production: Handelsblatt
Car manufacturer: Opel will build PSA car for the first time in Rüsselsheim
Opel plant in Rüsselsheim So far, no Peugeot models have been manufactured at the German carmaker’s plant. (Photo: dpa) Munich It is an appeal that gives an idea of how great the need is Opel must be straight. “Please advertise our models in your families and among your friends,” demanded CEO Michael Lohscheller the car… Continue reading Car manufacturer: Opel will build PSA car for the first time in Rüsselsheim
OTTO Motors Raises $29 Million To Take Its Autonomous Mobile Robots Global
OTTO Motors enables the world’s largest companies to create safer and more productive workplaces with autonomous material handling. This funding will be used to expand OTTO’s global network of delivery partners and accelerate its product roadmap for enterprise customers with emphasis on its industry-leading autonomous technology. Demand for AMRs has been growing worldwide as manufacturers… Continue reading OTTO Motors Raises $29 Million To Take Its Autonomous Mobile Robots Global