KARIYA (Japan) ―Global automotive supplier DENSO Corporation today announced its global financial results for fiscal year ending March 31, 2018: Consolidated revenue totaled 5,108.3 billion yen (US$48.1 billion), a 12.8 percent increase from the previous year. Consolidated operating profit totaled 412.7 billion yen (US$3.9 billion), a 24.8 percent increase from the previous year. Consolidated profit… Continue reading DENSO Announces Year-end Financial Results
Category: Automotive
Electric buses from Moia: Volkswagens latest brand may be on the streets of Hamburg from autumn
All articles and backgrounds 04/27/2018 Electric buses from Moia Volkswagens latest brand may be on the streets of Hamburg from autumn Moia The Hamburg can soon be chauffeured with new electric buses through the city. The authorities have the operation for den new car service Moia of the VW Group approved, said the transport authority… Continue reading Electric buses from Moia: Volkswagens latest brand may be on the streets of Hamburg from autumn
Renault: the turnover penalized by the effects of exchange
The comparison is cruel. Three days later PSA, which reported a turnover up more than 40% in the first quarter, Renault announces that it has remained virtually stable over the same period. According to figures released this Friday, the French automaker – a member of the world’s first automotive alliance by sales with Nissan and… Continue reading Renault: the turnover penalized by the effects of exchange
Renault Q1 sales flat as foreign exchange pinches
With Dongfeng, PSA remains unsatisfied
They were presented to shareholders with two short videos in Chinese subtitled in French. Liu Weidong and An Tiecheng, Dongfeng’s new representatives on PSA’s supervisory board, apologized on Tuesdaygeneral meeting of the manufacturer. The Peugeot and bpifrance clan, the other reference shareholders, had come in strong support Carlos Tavares and Louis Gallois, the tandem driven… Continue reading With Dongfeng, PSA remains unsatisfied
Careem was hacked
The ride sharing app Careem has been hacked. The actual threat in the digitization of mobility, is not in the danger of having a robot car somebody bypassesbut especially in danger chopped to become. That’s what happened in Dubai at the company Careem, which has a similar concept About operates. They became victims of one… Continue reading Careem was hacked
REVENUES OF €13.2 BILLION* IN THE FIRST QUARTER OF 2018
Group registrations increased by 4.8% (at constant perimeter including Jinbei and Huasong) to 935,041 vehicles in a market up 2.7%.
HiyaCar to Close $1M Crowdfunding Round
A screenshot of HiyaCar’s mobile app. Photo: Michaela Kwoka-Coleman U.K.-based peer-to-peer rental platform HiyaCar is poised to close off its latest round of equity crowdfunding with more than 1 million pounds ($139,140,114), Crowdfund Insider reports. Formerly called “Ascendia Drive,” HiyaCar currently operates with a network of 1,600 cars. The carsharing platform is also insured by… Continue reading HiyaCar to Close $1M Crowdfunding Round
TMC Announces Organizational and Personnel Changes
Toyota Motor Corporation (TMC) today announces organizational changes, as well as personnel changes at the sub-executive managerial level.
Volvo Cars’ first quarter 2018 operating profit rises 3.6 per cent to SEK 3,616 million
Volvo Cars’ first quarter 2018 operating profit rises 3.6 per cent to SEK 3,616 million Volvo Cars, the premium car maker, today reports its financial result for the first quarter of 2018. Highlights from the financial report include the following: First quarter: Operating profit of MSEK 3,616, an increase of 3.6 per cent… Continue reading Volvo Cars’ first quarter 2018 operating profit rises 3.6 per cent to SEK 3,616 million