@VW Group: Audi defies the corona crisis with a robust performance in the 2020 financial year002657

Even in 2020, a challenging business year, Audi vigorously drove ahead its transformation into a provider of sustainable and networked premium mobility. As a result of the pandemic, deliveries and sales revenue fell significantly in the first half-year. Thanks to a strong second half, including an excellent fourth quarter, sales revenue reached a total of… Continue reading @VW Group: Audi defies the corona crisis with a robust performance in the 2020 financial year002657

@VW Group: Automobili Lamborghini: Strong profitability and second-best year ever for turnover and sales002656

In a year of significant challenge such as 2020, marked by the spread of the pandemic worldwide, Automobili Lamborghini responded to the situation with great energy, flexibility and determination, recording positive commercial and financial performance. The most notable financial result is the achievement of the highest-ever profitability. Stephan Winkelmann, President & CEO of Automobili Lamborghini,… Continue reading @VW Group: Automobili Lamborghini: Strong profitability and second-best year ever for turnover and sales002656

@VW Group: Ducati proves to be a solid and profitable company with a positive cash flow even in a complex year like 2020002655

Ducati closes a challenging 2020 reinforcing the solidity that the Italian motorcycle manufacturer has demonstrated in the last years. Despite the complex global situation and the seven-week halt in production right at the peak period of the season, 48,042 (2019: 53,183) motorcycles were delivered to customers all over the world, limiting the sales gap compared… Continue reading @VW Group: Ducati proves to be a solid and profitable company with a positive cash flow even in a complex year like 2020002655

@VW Group: Sound financial results at Audi Hungaria002654

Thanks to the high production volume, Audi Hungaria wrapped up a challeging 2020 with stable financial results. In spite of the pandemic restrictions, our colleagues were able to produce 1,661,599 engines and 155,157 vehicles. In 2020 the company’s turnover was €7.518 billion. Audi Hungaria continued to invest last year, thus the cumulative investment has amounted… Continue reading @VW Group: Sound financial results at Audi Hungaria002654

@VW Group: Audi Report: annual and sustainability report now combined002653

For the 2020 fiscal year, AUDI AG is publishing its first combined annual and sustainability report. The company is convinced that business success is inextricably linked with assuming social and ecological responsibility. To document its performance in a transparent manner, as of this year Audi is combining its financial reporting with reporting on sustainable corporate… Continue reading @VW Group: Audi Report: annual and sustainability report now combined002653

@Groupe PSA: PR New PEUGEOT 308, The new face of PEUGEOT001396

On the crest of its success in the compact saloon segment, with more than 7,000,000 vehicles sold over the generations, having won a long list of awards including the award for Car Of The Year in 2014, with the current generation, the PEUGEOT brand is proud to present the brand new PEUGEOT 308. The intensely… Continue reading @Groupe PSA: PR New PEUGEOT 308, The new face of PEUGEOT001396

@Daimler: Future-oriented restructuring of the motorsport segment at Mercedes-AMG

With prestigious championship titles and race wins achieved all over the world, Mercedes-AMG ranks among the leading manufacturers in international motorsport. Now, the successful circuit activities will be interconnected even more closely: Mercedes-AMG is pooling and intensifying its involvement in international GT racing and is planning an even closer cooperation with the Mercedes-AMG Petronas F1… Continue reading @Daimler: Future-oriented restructuring of the motorsport segment at Mercedes-AMG

@niche: Press Lordstown Endurance electric pickup entering San Felipe 250 off-road race000640

The Lordstown Endurance electric pickup will be hitting the road this fall, but it will be going off road before then. (Lordstown Motors) The Ohio-based startup is entering one of its trucks in the SCORE International San Felipe 250 race across Baja, Mexico in April. Lordstown Motors CEO Steve Burns told Fox News Autos in… Continue reading @niche: Press Lordstown Endurance electric pickup entering San Felipe 250 off-road race000640

@niche: Press EV maker Lordstown Motors looks to sell its cars directly to consumers000639

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Steve Burns, Lordstown Motors CEO, announces the company is seeking permission to sell its electric vehicles directly to consumers. With CNBC’s Melissa Lee and the Fast Money traders, Brian Kelly, Delano Saporu and Anthony Pompliano. 06:28 Thu, Feb 18 20217:03 PM EST… Continue reading @niche: Press EV maker Lordstown Motors looks to sell its cars directly to consumers000639

@niche: Press New electric truck maker to finish first prototypes in March000638

LORDSTOWN, Ohio (AP) — A fledgling electric vehicle maker in Ohio expects to complete the prototypes of its new pickup truck in March and remains on target to start full production in the fall, the company said Thursday. Lordstown Motors Corp. said it already has begun metal stamping and welding for the Endurance All-Electric Pickup… Continue reading @niche: Press New electric truck maker to finish first prototypes in March000638