Category: OEMs

@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

@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