The Volkswagen Group and SEAT S.A. will mobilize 10 billion euros, together with their partners in the Future: Fast Forward project, in the event of a positive resolution of the PERTE VEC. This was announced today by Herbert Diess, CEO of the Volkswagen Group, who visited the Parc Sagunt II site, together with Pedro Sánchez,… Continue reading @VW Group: Volkswagen Group and SEAT S.A. to mobilize 10 billion euros to electrify Spain005008
Category: OEMs
@VW Group: Bentley follows record sales year with best-ever first quarter005009
Bentley Motors today announced record financial results for the first quarter of 2022. The encouraging figures reveal an unparalleled performance by the luxury British marque across the first three months of a year, with operating profits up 162 per cent to €170 million, mirroring the company’s second highest full-year profit figure ever. The announcement follows… Continue reading @VW Group: Bentley follows record sales year with best-ever first quarter005009
@VW Group: Audi Group closes strong first quarter005008
Despite the quarter being marked by ongoing bottlenecks in semiconductor supply, war in Ukraine, and renewed lockdowns in China, the Audi Group is still reporting strong financial figures after the first three months of the year. As a result, the company has further strengthened its financial basis for its transformation towards e-mobility and digitalization. For… Continue reading @VW Group: Audi Group closes strong first quarter005008
@Groupe PSA: PR First Quarter 2022 Shipments and Revenues003691
Stellantis Reports 12% Increase in Q1 2022 Net Revenues Full-Year Guidance Confirmed • Net revenues of €41.5 billion, up 12% compared to €37.0 billion for Q1 2021 Pro Forma(1) reflecting strong pricing and vehicle mix, as well as favorable FX translation effects • Consolidated shipments(2) of 1,374 thousand units, down 12% primarily due to impact… Continue reading @Groupe PSA: PR First Quarter 2022 Shipments and Revenues003691
@BMW: Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Quarterly Statement to 31 March 2022001958
Ladies and Gentlemen, Strong products and desirable brands are the foundation of the BMW Group’s success as a company. With our customer-centric portfolio, we have experienced very robust demand in recent years, despite the difficult circumstances. We are seeing this trend grow even more this year. Never before in the history of our company have our pre-orders… Continue reading @BMW: Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Quarterly Statement to 31 March 2022001958
@BMW: Statement Dr Nicolas Peter, Member of the Board of Management of BMW AG, Finance, Conference Call Quarterly Statement to 31 March 2022001957
Good Morning, Ladies and Gentlemen. The BMW Group has made a strong start to 2022 – in an increasingly volatile geopolitical and global economic environment. Our business is performing in line with our expectations. The ongoing war in Ukraine is affecting the availability of vehicle components, which led to brief production disruptions at several European plants… Continue reading @BMW: Statement Dr Nicolas Peter, Member of the Board of Management of BMW AG, Finance, Conference Call Quarterly Statement to 31 March 2022001957
@BMW: BMW Group Quarterly Statement to 31 March 2022001956
Attached please find the Quarterly Statement to 31 March 2022 for download.The telephone conferences for journalists and analysts will also be broadcasted on our web page at 10:00 a.m. (CEST) and 2:00 p.m. (CEST) respectively. BMW Group In AmericaBMW of North America, LLC has been present in the United States since 1975. Rolls-Royce Motor Cars NA,… Continue reading @BMW: BMW Group Quarterly Statement to 31 March 2022001956
@Nio: NIO Provides Update on Status under Holding Foreign Companies Accountable Act000387
May 5, 2022 NIO Provides Update on Status under Holding Foreign Companies Accountable Act SHANGHAI, May 05, 2022 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO; HKEX: 9866), a pioneer and a leading company in the premium smart electric vehicle market, today provides an update on its status under the Holding Foreign… Continue reading @Nio: NIO Provides Update on Status under Holding Foreign Companies Accountable Act000387
GM has 4 new plants coming to ‘have control over battery cell manufacture’: Mary Barra – Yahoo Finance
In the years ahead, GM (GM) says, it’s aiming to be a leading manufacturer of batteries as well as cars. “For electric vehicles, it’s all about the battery,” CEO Mary Barra told Yahoo Finance in a wide-ranging interview this week. The CEO outlined plans to open at least four new plants just to manufacture batteries… Continue reading GM has 4 new plants coming to ‘have control over battery cell manufacture’: Mary Barra – Yahoo Finance
Interview: Lawrence Stroll, Executive Chairman Aston Martin Lagonda – Evo
‘I did not take over a healthy company’ is a strong opening gambit, but Lawrence Stroll has never been one to pull his punches, and you get a clear sense that the 62-year-old hasn’t occupied all those chairmen’s seats without first climbing off the fence. Aston Martin was in a bad place in 2020. Now,… Continue reading Interview: Lawrence Stroll, Executive Chairman Aston Martin Lagonda – Evo