Category: OEMs

@VW Group: Volkswagen improves cost efficiency and economic efficiency in a tough environment004997

The Volkswagen brand strengthened the Group’s economic efficiency sustainably lastingly in the first quarter of 2022. In the first three months, the operating profit before special items increased to EUR 513 million (Q1 2021: EUR 490 million). Sales revenue came in at just under EUR 15 billion (Q1 2021: EUR 17.6 billion) due to an… Continue reading @VW Group: Volkswagen improves cost efficiency and economic efficiency in a tough environment004997

German FAZ: Bosch complains about car manufacturers003229

The world’s largest auto parts supplier is following up on the conflict with automakers. Bosch will have to pass on the “significantly increased raw material, semiconductor and logistics costs to its customers,” said Markus Heyn, head of the auto division, on Wednesday. The price for flat and round steel has tripled since 2020, said CFO… Continue reading German FAZ: Bosch complains about car manufacturers003229

@Fisker: Fisker Inc. Announces First Quarter 2022 Financial Results000077

LOS ANGELES–(BUSINESS WIRE)– #EVs–Fisker Inc. (NYSE: FSR) (“Fisker”) — passionate creator of the world’s most sustainable electric vehicles and advanced mobility solutions — today announced its financial results for the first quarter ended March 31, 2022. “We continued to make rapid progress in Q1 toward on-schedule Fisker Ocean start of production on November 17, 2022.… Continue reading @Fisker: Fisker Inc. Announces First Quarter 2022 Financial Results000077

@Ford: Electric Vehicle Sales Increased 139 Percent On Strength Of Mustang Mach-E and E-Transit – First F-150 Lightnings Now Shipping To Dealers; Improved Inventory Flow Delivered April Share Gains Despite Semiconductor Chip Challenges; F-Series Deliveries Continue To Grow

About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with… Continue reading @Ford: Electric Vehicle Sales Increased 139 Percent On Strength Of Mustang Mach-E and E-Transit – First F-150 Lightnings Now Shipping To Dealers; Improved Inventory Flow Delivered April Share Gains Despite Semiconductor Chip Challenges; F-Series Deliveries Continue To Grow

@Geely: Kandi Technologies to Report First Quarter 2022 Financial Results and Hold a Conference Call on May 9, 2022

Jinhua, China, May 04, 2022 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the “Company” or “Kandi”) announced today that it will report its first quarter 2022 financial results on Monday, May 9, 2022, before the U.S. stock market open.The Company has scheduled a conference call and live webcast to discuss its financial results… Continue reading @Geely: Kandi Technologies to Report First Quarter 2022 Financial Results and Hold a Conference Call on May 9, 2022

@Ferrari: Q1 2022: ANOTHER STRONG START000243

Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today announces its consolidated preliminary results for the first quarter ended March 31, 2022. Total shipments of 3,251 units, up 17.3% versus Q1 2021 Net revenues of Euro 1,186 million, up 17.3% versus prior year EBITDA of Euro 423 million, up 12.5% versus prior year. EBITDA margin… Continue reading @Ferrari: Q1 2022: ANOTHER STRONG START000243